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EX-4.1 - PROMISSORY NOTE - URBAN AG. CORPurban_10k-ex401.htm
EX-3.4 - AMENDED AND RESTATED CERTIFICATE OF INCORPORATION - URBAN AG. CORPurban_10k-ex304.htm
EX-10.17 - STOCK PURCHASE AGREEMENT WITH DISTRESSED ASSET ACQUISITIONS, INC. - URBAN AG. CORPurban_10k-ex1017.htm
EX-21.1 - LIST OF SUBSIDIARIES - URBAN AG. CORPurban_10k-ex2101.htm
EX-10.13 - STOCK PURCHASE AGREEMENT - URBAN AG. CORPurban_10k-ex1013.htm
EX-10.18 - EMPLOYMENT AGREEMENT - URBAN AG. CORPurban_10k-ex1018.htm
EX-32.1 - CERTIFICATION - URBAN AG. CORPurban_10k-ex3201.htm
EX-31.1 - CERTIFICATION - URBAN AG. CORPurban_10k-ex3101.htm
EX-31.2 - CERTIFICATION - URBAN AG. CORPurban_10k-ex3102.htm
EX-23.1 - CONSENT - URBAN AG. CORPurban_10k-ex2301.htm
EX-10.16 - FACTORING AND SECURITY AGREEMENT WITH MIDLAND AMERICAN CAPITAL - URBAN AG. CORPurban_10k-ex1016.htm
EXCEL - IDEA: XBRL DOCUMENT - URBAN AG. CORPFinancial_Report.xls
10-K - ANNUAL REPORT - URBAN AG. CORPurban_10k-123111.htm
XML - IDEA: XBRL DOCUMENT - URBAN AG. CORPR5.htm
XML - IDEA: XBRL DOCUMENT - URBAN AG. CORPR1.htm
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EX-10.15 - LOAN PURCHASE AND SALE AGREEMENT WITH SUMMITBRIDGE CREDIT INVESTMENTS LLC - URBAN AG. CORPurban_10k-ex1015.htm
v2.4.0.6
8. Long-term debt
12 Months Ended
Dec. 31, 2011
Debt Disclosure [Abstract]  
8. Long-term debt

The Company’s long-term debt consisted of the following as of December 31, 2011 and December 31, 2010:

 

   December 31, 2011   December 31, 2010 
           
Note Payable/Car Loan (2008 Ford F-350)  $10,036   $19,451 
Note Payable/Car Loan (Toyota Fin. Svcs.)   15,916    19,582 
Note Payable/Car Loan (‘05 LX 470 – Lexus)   7,662    13,821 
Capital Lease Obligation (Enterprise)   248,044    161,529 
Total Debt   281,658    214,383 
           
Less current portion   92,255    47,917 
   $189,403   $166,466 

 

Long-term debt matures as follows:

 

    December 31, 2011   December 31, 2010 
Years   Amount   Amount 
2011       $163,725 
2012   $187,510    163,725 
2013    175,449    147,732 
2014    289,630    235,809 
2015    32,978    3,869 
2016         
Thereafter         
Less imputed interest    (49,407)   (132,378)
     $636,160   $582,407 

 

All of the Company’s assets are pledged as collateral to the above debt obligations.