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CONSOLIDATED BALANCE SHEETS (USD $)
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Dec. 31, 2014
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Dec. 31, 2013
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| Current Assets: | ||
| Cash | $ 846,650us-gaap_Cash | $ 26,943us-gaap_Cash |
| Accounts receivable, net | 417,463us-gaap_AccountsReceivableNet | 41,903us-gaap_AccountsReceivableNet |
| Prepaid expenses | 82,200us-gaap_PrepaidExpenseCurrent | 857us-gaap_PrepaidExpenseCurrent |
| Inventory | 670,180us-gaap_InventoryNet | |
| Note receivable | 173,754us-gaap_NotesReceivableNet | |
| Total Current Assets | 2,016,493us-gaap_AssetsCurrent | 243,457us-gaap_AssetsCurrent |
| Property, equipment and leasehold improvements, net | 5,446,743us-gaap_PropertyPlantAndEquipmentNet | 21,369us-gaap_PropertyPlantAndEquipmentNet |
| Intangible assets, net | 161,412us-gaap_IntangibleAssetsNetIncludingGoodwill | 194,872us-gaap_IntangibleAssetsNetIncludingGoodwill |
| Deposits | 94,578us-gaap_DepositsAssetsCurrent | 3,580,887us-gaap_DepositsAssetsCurrent |
| Total Assets | 7,719,226us-gaap_Assets | 4,040,585us-gaap_Assets |
| Current Liabilities: | ||
| Accounts payable and accrued expenses | 573,721us-gaap_AccountsPayableAndAccruedLiabilitiesCurrent | 1,275,918us-gaap_AccountsPayableAndAccruedLiabilitiesCurrent |
| Note payable | 4,615,547us-gaap_ConvertibleNotesPayableCurrent | 1,197,680us-gaap_ConvertibleNotesPayableCurrent |
| Loans from Related Party | 102,500us-gaap_DueToRelatedPartiesCurrent | |
| Derivative liability | 1,253,000us-gaap_DerivativeLiabilitiesCurrent | 1,381,000us-gaap_DerivativeLiabilitiesCurrent |
| Total Current Liabilities | 6,442,268us-gaap_LiabilitiesCurrent | 3,957,098us-gaap_LiabilitiesCurrent |
| Commitment and Contingencies | ||
| Stockholders' Equity | ||
| Common stock, par value $0.001; authorized 350,000,000 shares; issued 197,532,892 and 146,806,928 shares as of December 31, 2014 and 2013, respectively | 197,533us-gaap_CommonStockValue | 146,808us-gaap_CommonStockValue |
| Additional Paid in Capital | 38,081,784us-gaap_AdditionalPaidInCapital | 14,759,246us-gaap_AdditionalPaidInCapital |
| Accumulated Deficit | (36,726,529)us-gaap_RetainedEarningsAccumulatedDeficit | (14,837,317)us-gaap_RetainedEarningsAccumulatedDeficit |
| Total Terra Tech Corp. stockholders' equity | 1,568,288us-gaap_StockholdersEquity | 83,487us-gaap_StockholdersEquity |
| Non-controlling interest | (291,330)us-gaap_MinorityInterest | |
| Total Stockholders' Equity | 1,276,958us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest | 83,487us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest |
| Total Liabilities and Stockholders' Equity | 7,719,226us-gaap_LiabilitiesAndStockholdersEquity | 4,040,585us-gaap_LiabilitiesAndStockholdersEquity |
| Convertible Series A Preferred Stock | ||
| Stockholders' Equity | ||
| Preferred stock, value | ||
| Convertible Series B Preferred Stock | ||
| Stockholders' Equity | ||
| Preferred stock, value |
$ 15,500us-gaap_PreferredStockValue / us-gaap_StatementClassOfStockAxis = us-gaap_SeriesBPreferredStockMember |
$ 14,750us-gaap_PreferredStockValue / us-gaap_StatementClassOfStockAxis = us-gaap_SeriesBPreferredStockMember |
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- Definition
Sum of the carrying values as of the balance sheet date of obligations incurred through that date and due within one year (or the operating cycle, if longer), including liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received, taxes, interest, rent and utilities, accrued salaries and bonuses, payroll taxes and fringe benefits. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
For an unclassified balance sheet, the amount due from customers or clients for goods or services that have been delivered or sold in the normal course of business, reduced to their estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Excess of issue price over par or stated value of the entity's capital stock and amounts received from other transactions involving the entity's stock or stockholders. Includes adjustments to additional paid in capital. Some examples of such adjustments include recording the issuance of debt with a beneficial conversion feature and certain tax consequences of equity instruments awarded to employees. Use this element for the aggregate amount of additional paid-in capital associated with common and preferred stock. For additional paid-in capital associated with only common stock, use the element additional paid in capital, common stock. For additional paid-in capital associated with only preferred stock, use the element additional paid in capital, preferred stock. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold, or consumed within one year (or the normal operating cycle, if longer). Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Definition
Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Excludes cash and cash equivalents within disposal group and discontinued operation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Represents the caption on the face of the balance sheet to indicate that the entity has entered into (1) purchase or supply arrangements that will require expending a portion of its resources to meet the terms thereof, and (2) is exposed to potential losses or, less frequently, gains, arising from (a) possible claims against a company's resources due to future performance under contract terms, and (b) possible losses or likely gains from uncertainties that will ultimately be resolved when one or more future events that are deemed likely to occur do occur or fail to occur. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Aggregate par or stated value of issued nonredeemable common stock (or common stock redeemable solely at the option of the issuer). This item includes treasury stock repurchased by the entity. Note: elements for number of nonredeemable common shares, par value and other disclosure concepts are in another section within stockholders' equity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Carrying value as of the balance sheet date of the portion of long-term debt due within one year or the operating cycle if longer identified as Convertible Notes Payable. Convertible Notes Payable is a written promise to pay a note which can be exchanged for a specified amount of another, related security, at the option of the issuer and the holder. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Carrying value of amounts transferred to third parties for security purposes that are expected to be returned or applied towards payment within one year or during the operating cycle, if shorter. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Fair value, after the effects of master netting arrangements, of a financial liability or contract with one or more underlyings, notional amount or payment provision or both, and the contract can be net settled by means outside the contract or delivery of an asset, expected to be settled within one year or normal operating cycle, if longer. Includes assets not subject to a master netting arrangement and not elected to be offset. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Carrying amount as of the balance sheet date of obligations due all related parties. For classified balance sheets, represents the current portion of such liabilities (due within one year or within the normal operating cycle if longer). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Carrying amount of finite-lived intangible assets, indefinite-lived intangible assets and goodwill. Goodwill is an asset representing the future economic benefits arising from other assets acquired in a business combination that are not individually identified and separately recognized. Intangible assets are assets, not including financial assets, lacking physical substance. No definition available.
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- Definition
Amount after valuation and LIFO reserves of inventory expected to be sold, or consumed within one year or operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of liabilities and equity items, including the portion of equity attributable to noncontrolling interests, if any. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Total obligations incurred as part of normal operations that are expected to be paid during the following twelve months or within one business cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Definition
Total of all stockholders' equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which is directly or indirectly attributable to that ownership interest in subsidiary equity which is not attributable to the parent (that is, noncontrolling interest, previously referred to as minority interest). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Net amount of the investment in a contractual right to receive money on demand or on fixed or determinable dates that is recognized as an asset in the creditor's statement of financial position. Examples include, but are not limited to, credit card receivables, notes receivable and receivables relating to lessor's rights to payments from leases other than operating leases that have been recorded as assets. Excludes trade accounts receivable with contractual maturity of one year or less and arose from the sale of goods or services. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Aggregate par or stated value of issued nonredeemable preferred stock (or preferred stock redeemable solely at the option of the issuer). This item includes treasury stock repurchased by the entity. Note: elements for number of nonredeemable preferred shares, par value and other disclosure concepts are in another section within stockholders' equity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of asset related to consideration paid in advance for costs that provide economic benefits within a future period of one year or the normal operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount after accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The cumulative amount of the reporting entity's undistributed earnings or deficit. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Total of all stockholders' equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity's stockholders' equity attributable to the parent excludes the amount of stockholders' equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Definition
Amount of stockholders' equity (deficit), net of receivables from officers, directors, owners, and affiliates of the entity, attributable to both the parent and noncontrolling interests. Amount excludes temporary equity. Alternate caption for the concept is permanent equity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Details
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