XML 28 R32.htm IDEA: XBRL DOCUMENT v2.4.0.8
Investment in Joint Ventures (Details Textual) (USD $)
Share data in Millions, except Per Share data, unless otherwise specified
1 Months Ended 3 Months Ended 9 Months Ended 12 Months Ended 9 Months Ended 3 Months Ended 9 Months Ended 3 Months Ended 9 Months Ended 3 Months Ended 9 Months Ended 3 Months Ended 9 Months Ended
May 31, 2014
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
Dec. 31, 2013
Mar. 31, 2013
Sep. 30, 2014
Parent Company
Sep. 30, 2014
Medical Joint Venture
Dec. 31, 2013
Medical Joint Venture
Sep. 30, 2013
Medical Joint Venture
Sep. 30, 2014
Medical Joint Venture
Instruments
Sep. 30, 2013
Medical Joint Venture
Mar. 31, 2011
Medical Joint Venture
Sep. 30, 2014
Education Joint Venture
Sep. 30, 2014
Education Joint Venture
Dec. 31, 2013
Education Joint Venture
Mar. 31, 2013
Education Joint Venture
Sep. 30, 2014
Milestone China
Sep. 30, 2014
Milestone China
Jun. 30, 2014
Milestone China
Sep. 30, 2014
Milestone China
Net income
Sep. 30, 2014
Milestone China
Net income
Investment in Medical Joint Venture (Textual) [Abstract]                                              
Joint venture owned by the entity             50.00%             50.00%       50.00%     40.00%    
Contribution of Milestone in joint venture               $ 245,000       $ 1,500,000                      
Capital contribution                 1,500,000     1,500,000                      
Instrument inception period                       30 months                      
Contingency associated with the return of capital to Beijing 3H                 0     0                      
Number of development of instruments                       2                      
Sale of stock, number of shares                   2                          
Sale of stock, price per share                   $ 1.50                          
Sale of stock, value                   3,000,000                          
Net proceeds received in joint venture 10,000,000                 2,363,000                          
Percentage of ownership before transaction                   50.00%                          
Percentage of ownership after transaction                   45.50%                          
Gain on dilutive effect                   1,363,650                          
Loss on joint venture   (223,834) (212,199) (567,550) (259,291)                                    
Legal fees related to the FDA (510k) certifications   44,415   175,868                                      
Investment in Milestone Medical Inc   619,574   619,574   924,115                                  
Net loss   (358,490) 218,523 (333,113) 443,277 1,464,930     (492,441)     (1,248,625)                      
Reimbursable expense included in account receivable, net                 117,551     117,551                      
Other charges   196,284 217,749 547,661 311,868       168,500   132,787 300,930 141,834                    
Loan from parent company CEO             50,000                                
Income (loss) on joint venture                             (2,663) (10,455)     29,428 29,428   73,570 73,570
Percentage of gain/loss on joint venture                             50.00% 50.00%     40.00% 40.00%      
Investment                             31,627 31,627 42,082   165,229 165,229 1,000,000    
Distributor price per instrument                                         $ 1,295    
Net Investment Income                             $ (2,663) $ (10,455)     $ 29,428 $ 29,428   $ 73,570 $ 73,570