Quarterly report pursuant to Section 13 or 15(d)

12. Revolving Credit Facilities and Long Term Debt (Details - Credit facilities)

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12. Revolving Credit Facilities and Long Term Debt (Details - Credit facilities)
Dec. 31, 2015
USD ($)
Total credit facilities and long term debts $ 60,350,629
Less: Unamortized OID 0
Less: Unamortized debt discount attributable to warrants 0
Total credit facilities and long term debts, net of discounts 60,350,629
Less: current maturities (60,350,629)
Long term portion of credit facilities and long term debts 0
Senior Revolving Credit Facility, Cadence Bank, N.A. [Member]  
Total credit facilities and long term debts 27,750,000
Subordinated Credit Agreement, Chambers [Member]  
Total credit facilities and long term debts 30,000,000
PIK Interest on Subordinated Credit Agreement, Chambers [Member]  
Total credit facilities and long term debts $ 2,600,629