FAIR VALUE MEASUREMENTS (Details 2) - USD ($) |
3 Months Ended | 9 Months Ended | 12 Months Ended | |||||
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Dec. 31, 2017 |
Sep. 30, 2017 |
Jun. 30, 2017 |
Mar. 31, 2017 |
Dec. 31, 2017 |
Dec. 31, 2017 |
Dec. 31, 2016 |
Dec. 31, 2015 |
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Fair Value Measurements Details 2 | ||||||||
Contingent Consideration, beginning balance | $ 12,085,859 | $ 16,434,620 | $ 12,085,859 | |||||
Purchase of Black Oak Gallery | 12,754,553 | |||||||
Change in fair market value of contingent conversion Feature | 4,426,047 | (668,694) | ||||||
Payment of Contingent Consideration in Cash | (2,088,000) | |||||||
Settlement of Contingent Consideration | (4,739,638) | (4,739,638) | ||||||
Settlement of Contingent Consideration Recorded Against Additional Paid-In Capital | (4,692,697) | (4,692,697) | ||||||
Gain on Settlement of Contingent Consideration Liability | $ 4,991,571 | (4,991,571) | (4,991,571) | |||||
Contingent Consideration, ending balance | $ 16,434,620 | $ 12,085,859 |
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- Definition Amount of increase (decrease) in the value of a contingent consideration liability, including, but not limited to, differences arising upon settlement. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The cash outflow for financing costs associated with business combinations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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