Quarterly report pursuant to Section 13 or 15(d)

Convertible Debt (Tables)

v3.5.0.2
Convertible Debt (Tables)
6 Months Ended
Jun. 30, 2016
Debt Disclosure [Abstract]  
Components of convertible debt
The following is a summary of the impact of Convertible Notes on interest expense for the three and six months ended June 30, 2016 and 2015, respectively:
Convertible Note Interest Expense
 
 
For the Three Months Ended
 
For the Six Months Ended
 
 
June 30, 2016
 
June 30, 2015
 
June 30, 2016
 
June 30, 2015
7% Convertible Notes
 
$
1,983,528

 
$
44,722

 
$
3,996,028

 
$
44,722

Discount Amortization
 
185,727

 
4,183

 
373,962

 
4,183

Deferred Debt Issuance Amortization
 
12,703

 
197

 
24,958

 
197

Total
 
$
2,181,958

 
$
49,102

 
$
4,394,948

 
$
49,102