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Notes Payable and Accrued Interest (Tables)
12 Months Ended
Dec. 31, 2015
Notes Payable and Accrued Interest [Abstract]  
Notes payable and accrued interest
At December 31, 2015 and December 31, 2014, the Company's notes payable and accrued interest consisted of the following:

  
December 31,
2015
  
December 31,
2014
 
Credit Facility principal
 
$
110,400,000
  
$
133,400,000
 
Unamortized debt issuance costs
  
(2,814,000
)
  
(4,104,400
)
Credit Facility accrued interest
  
35,600
   
190,600
 
  
$
107,621,600
  
$
129,486,200