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INCOME TAXES (Tables)
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12 Months Ended |
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Dec. 31, 2013
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| Income Tax Disclosure [Abstract] |
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| Schedule of Income before Income Tax, Domestic and Foreign [Table Text Block] |
| | | 2013 | | 2012 | | | | | | | | | | | | Loss from continuing operations before income taxes: | | | | | | | | | United States | | $ | 4,650,443 | | $ | 2,346,516 | | | Foreign | | | 636,651 | | | 800,844 | | | | | $ | 5,287,094 | | $ | 3,147,360 | |
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| Schedule of Components of Income Tax Expense (Benefit) [Table Text Block] |
The income tax provision (benefit) consists of the following: | | | 2013 | | 2012 | | | | | | | | | | | | Foreign | | | | | | | | | Current | | $ | 40,935 | | $ | 19,205 | | | Deferred | | | (167,554) | | | (170,962) | | | U.S. Federal | | | | | | | | | Current | | | - | | | - | | | Deferred | | | (652,624) | | | (791,395) | | | State & local | | | | | | | | | Current | | | - | | | - | | | Deferred | | | (76,786) | | | (93,105) | | | Change in valuation allowance | | | 896,964 | | | 1,055,462 | | | Income tax provision | | $ | 40,935 | | $ | 19,205 | |
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| Schedule of Effective Income Tax Rate Reconciliation [Table Text Block] |
The provision (benefit) for income tax using the statutory U.S. federal tax rate is reconciled to the Company’s effective tax rate as follows: | | | 2013 | | 2012 | | | | | | | | | | | | Computed "expected" income taxe expense (benefit) | | $ | (1,797,612) | | $ | (1,070,100) | | | State income taxes, net of federal benefit | | | (211,484) | | | (93,861) | | | Foreign rate differential | | | (79,399) | | | 74,106 | | | Prior year deferred tax adjustment | | | 1,083,075 | | | - | | | Travel, entertainment and other | | | 537,988 | | | 53,660 | | | Deferred taxes from acquisitions | | | (388,597) | | | - | | | Change in valuation allowance | | | 896,964 | | | 1,055,400 | | | Income tax expense | | $ | 40,935 | | $ | 19,205 | |
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| Schedule of Deferred Tax Assets and Liabilities [Table Text Block] |
Deferred income taxes reflect the net tax effect of temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and the amounts used for tax purposes. Major components of deferred tax assets and liabilities at December 31, 2013 and 2012 were: | | | 2013 | | 2012 | | | | | | | | | | | | Net operating loss carryovers | | $ | 4,495,059 | | $ | 2,812,636 | | | Capital loss carryforwards | | | 488,500 | | | 630,100 | | | Investments | | | - | | | (80,400) | | | Derivative liability | | | 645,500 | | | - | | | Warrants | | | 184,800 | | | - | | | Australian equity investment | | | 53,132 | | | - | | | Deferred occupancy liabilities | | | 378,521 | | | - | | | Total deferred tax assets | | | 6,245,512 | | | 3,362,336 | | | | | | | | | | | | Property and equipment | | | (278,868) | | | - | | | Convertible debt | | | (645,500) | | | - | | | Intangibles | | | (1,061,844) | | | - | | | Total deferred tax liabilities | | | (1,986,212) | | | - | | | | | | | | | | | | Net deferred tax assets | | | 4,259,300 | | | 3,362,336 | | | Valuation allowance | | | (4,259,300) | | | (3,362,336) | | | Net deferred tax assets | | $ | - | | $ | - | |
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