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XML - IDEA: XBRL DOCUMENT - WESTERN CAPITAL RESOURCES, INC.R15.htm
XML - IDEA: XBRL DOCUMENT - WESTERN CAPITAL RESOURCES, INC.R42.htm
EXCEL - IDEA: XBRL DOCUMENT - WESTERN CAPITAL RESOURCES, INC.Financial_Report.xls
10-Q - FORM 10-Q - WESTERN CAPITAL RESOURCES, INC.v326070_10q.htm
XML - IDEA: XBRL DOCUMENT - WESTERN CAPITAL RESOURCES, INC.R7.htm
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EX-31.1 - EXHIBIT 31.1 - WESTERN CAPITAL RESOURCES, INC.v326070_ex31-1.htm
EX-31.2 - EXHIBIT 31.2 - WESTERN CAPITAL RESOURCES, INC.v326070_ex31-2.htm
EX-32.1 - EXHIBIT 32.1 - WESTERN CAPITAL RESOURCES, INC.v326070_ex32-1.htm
v2.4.0.6
Preferred Stock Dividend
9 Months Ended
Sep. 30, 2012
Stockholders' Equity Note [Abstract]  
Preferred Stock [Text Block]
7. Preferred Stock Dividend –

 

Reconciliations of the cumulative preferred stock dividend payable are as follows:

 

    Three Months Ended 
September 30,
    Nine Months Ended
September 30,
 
    2012     2011     2012     2011  
                         
Balance due, beginning of the period   $ 4,600,000     $ 2,500,000     $ 3,550,000     $ 1,450,000  
Current period preferred dividends payable     525,000       525,000       1,575,000       1,575,000  
Preferred dividends paid     -       -       -       -  
Balance due, end of the period   $ 5,125,000     $ 3,025,000     $ 5,125,000     $ 3,025,000  

 

In addition, the Company has $525,000 of third quarter unaccrued cumulative preferred dividends from September 30, 2012 and 2011 that became due and payable October 15, 2012 and 2011, respectively.