Quarterly report pursuant to Section 13 or 15(d)

Loans commitment fee receivable (Details)

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Loans commitment fee receivable (Details) - USD ($)
Jun. 30, 2014
Mar. 31, 2014
Loans commitment fee receivable Details    
Company paid for credit default insurance to a third party as required by the lender on an international loan facility.   $ 621,250
Amount represented percent of prospective loan amount   1.75%
The amount was expensed as loan costs in the consolidated statement of operations for the year $ 621,250