Quarterly report pursuant to Section 13 or 15(d)

Notes Payable and Convertible Notes (Details)

v3.7.0.1
Notes Payable and Convertible Notes (Details) - USD ($)
Jun. 30, 2017
Dec. 31, 2016
Notes Payable and Convertible Notes [Abstract]    
Goldman Sachs - Tranche A Term Loan - LIBOR Interest on loan date plus 8%, 9.045% at June 30, 2017 $ 65,500,000 $ 40,000,000
Goldman Sachs - Revolver- LIBOR Interest on loan date plus 8%, 9.045% at June 30, 2017 3,405,018 3,195,000
Goldman Sachs Tranche B Term Loan - Interest 11% annually 8,600,000
Convertible Notes Payable 1,250,000
Mortgage note payable to a bank, secured by real estate and guarantee of Company, bearing interest at 4.6%, due in monthly installments of $9,934, maturing May 2020 1,295,427
Notes payable, secured by equipment, bearing interest at rates from 9.25% to 9.49%, due in monthly installments of approximately $150,000 through April 2022 6,406,131 282,791
Notes payable to seller of Meridian, subordinated debt 1,475,000 1,475,000
Less: debt issuance cost/fees (2,023,910) (1,195,797)
Less: debt discount (1,650,592) (1,810,881)
Total debt 83,007,074 43,196,113
Less: current portion (1,366,676) (1,385,380)
Long term debt less current portion $ 81,640,398 $ 41,810,733