NOTES PAYABLE (Tables)

12 Months Ended

Dec. 31, 2013

Debt Disclosure [Abstract]

Summary of Components of Total Debt

The following table summarizes the components of total debt recorded on the Company’s consolidated balance sheets as of December 31, 2013 and 2012:

	December 31, 2013			December 31, 2012
	(audited)			(audited)
ASD Credit Agreement	$	50,000,000		$	50,000,000
Unamortized Original Issuance Discount – ASD		(1,235,294	)		(2,294,118	)
PIK Contingent Interest Expense		2,530,050			500,000
A&R Credit Agreement-February 2013		25,000,000			—
Termination Fee – A&R		6,784,626			—
Termination Fee Debt Discount – A&R		(3,940,659	)		—
PIK Interest Fee-ASD		375,000			—
PIK Interest – A&R		2,186,037			—
A&R Credit Agreement-December 2013		7,500,000
Other loans – related party		205,314
Other loans – vehicles		19,239			39,791
Total debt	$	89,424,313		$	48,245,673