NOTES PAYABLE (Tables)

9 Months Ended

Sep. 30, 2014

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 September 30, 2014 and December 31, 2013:

	September 30,			December 31,
	2014			2013
	(unaudited)			(audited)
ASD Credit Agreement	$	—		$	50,000,000
Unamortized Original Issuance Discount - ASD		—			(1,235,294	)
PIK Contingent Interest Expense		—			2,530,050
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		8,189			19,239
ASD Credit Agreement - Morgan Stanley Tranche A		107,500,000			—
ASD Credit Agreement - Morgan Stanley PIK Fee		593,750			—
ASD Credit Agreement - Morgan Stanley NPI		(3,776,235	)		—
Total debt	$	104,325,704		$	89,424,313