SUBSEQUENT EVENTS (Details Narrative) - Subsequent Event [Member] |
May 02, 2017
USD ($)
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Balance of ALE settlement | $ 2,300,000 |
Quarterly payments beginning July 1, 2017 | $ 766,666 |
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- Definition Amount of the required periodic payments applied to principal. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Liability as of the balance sheet date for amounts representing estimated cost of settling unpaid claims under the terms of the underlying insurance policies, less estimated reinsurance recoveries on such claims. This includes an estimate for claims which have been incurred but not reported. Claim adjustment expenses represent the costs estimated to be incurred in the settlement of unpaid claims. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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