Annual report pursuant to Section 13 and 15(d)

8. Long Term Debt (Details - Long Term Debt)

v3.10.0.1
8. Long Term Debt (Details - Long Term Debt) - USD ($)
12 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Total Debt $ 74,417,281 $ 76,801,159
Less: unamortized debt issuance costs (1,653,458) (1,353,352)
Net amount 72,763,823 75,447,807
Current portion (13,958,355) (48,877,536)
Long-term portion 58,805,468 26,570,271
Capitala Term Loan [Member]    
Total Debt 28,310,505
Debt maturity date Nov. 30, 2021  
Debt interest rate description Variable, base rate plus margin  
Periodic payment frequency quarterly  
Periodic principal and/or interest payments $ 725,000  
Collateral Secured by Vintage Stock assets  
Note Payable - Cathay Bank [Member]    
Total Debt $ 0 174,757
Debt maturity date Dec. 31, 2017  
Debt interest rate description Prime plus 2.25%  
Periodic payment frequency interest monthly  
Collateral Secured by substantially all Modern Everyday assets  
Note Payable #2 - Cathay Bank [Member]    
Total Debt $ 0 249,766
Debt maturity date Dec. 31, 2017  
Debt interest rate description Prime plus 1.5%  
Periodic payment frequency interest monthly  
Collateral Secured by substantially all Modern Everyday assets  
Note payable to individual [Member]    
Total Debt $ 206,529 206,529
Debt interest rate description 11% per annum  
Collateral Unsecured  
Note payable to individual 2 [Member]    
Total Debt $ 500,000 500,000
Debt interest rate description 10% per annum  
Collateral Unsecured  
Note payable to individual 3 [Member]    
Total Debt $ 225,000 225,000
Debt interest rate description 8.5% per annum  
Collateral Unsecured  
Comvest Term Loan [Member]    
Total Debt $ 22,500,000 0
Debt maturity date May 26, 2023  
Debt interest rate description Variable, base rate plus margin  
Periodic payment frequency quarterly  
Note Payable to the Sellers of Vintage Stock [Member]    
Total Debt $ 10,000,000 10,000,000
Debt maturity date Sep. 23, 2023  
Debt interest rate description 8% per annum  
Periodic payment frequency monthly  
Collateral Secured by Vintage Stock assets  
Note #1 to Banc of America Leasing & Capital [Member]    
Total Debt $ 3,230,555 4,097,764
Debt maturity date Sep. 30, 2021  
Debt interest rate description 3.8905% per annum  
Periodic payment frequency monthly  
Periodic principal and/or interest payments $ 84,273  
Collateral Secured by equipment  
Note #2 Payable to Banc of America Leasing & Capital [Member]    
Total Debt $ 1,636,940 1,969,954
Debt maturity date Jan. 30, 2022  
Debt interest rate description 4.63% per annum  
Periodic payment frequency 59 monthly payments  
Periodic principal and/or interest payments $ 34,768  
Collateral Secured by equipment  
Note #3 Payable to Banc of America Leasing & Capital [Member]    
Total Debt $ 2,871,849 3,341,642
Debt maturity date Dec. 30, 2023  
Debt interest rate description Variable, base rate plus a margin  
Periodic payment frequency 84 monthly payments  
Periodic principal and/or interest payments $ 51,658  
Note #4 Payable to Banc of America Leasing & Capital [Member]    
Total Debt $ 881,937 1,025,782
Debt maturity date Jan. 30, 2024  
Debt interest rate description 4.8907% per annum  
Periodic payment frequency 81 monthly payments  
Periodic principal and/or interest payments $ 15,901  
Collateral Secured by equipment  
Note #5 Payable to Bank of America Leasing [Member]    
Total Debt $ 3,568,925 0
Debt maturity date Jan. 28, 2025  
Debt interest rate description 4.67% per annum  
Periodic payment frequency 84 monthly payments  
Periodic principal and/or interest payments $ 54,943  
Collateral Secured by equipment  
Note Payable to Store Capital Acquisitions [Member]    
Total Debt $ 9,302,346 9,328,208
Debt maturity date Jun. 30, 2056  
Debt interest rate description 9.25% per annum  
Periodic payment frequency monthly  
Periodic principal and/or interest payments $ 73,970  
Collateral Secured by Marquis land and buildings  
Bank of America Revolver Loan [Member]    
Total Debt $ 7,600,605 4,850,815
Debt maturity date Jul. 31, 2020  
Debt interest rate description Variable, base rate plus a margin  
Periodic payment frequency monthly  
Collateral Secured by substantially all Marquis assets  
Texas Capital Bank Revolver Loan [Member]    
Total Debt $ 11,892,595 $ 12,520,437
Debt maturity date Nov. 30, 2020  
Debt interest rate description Variable, one-month LIBOR plus a margin  
Periodic payment frequency monthly  
Collateral Secured by substantially all Vintage Stock assets