Notes Payable and Accrued Interest (Tables)

12 Months Ended

Dec. 31, 2016

Notes Payable and Accrued Interest [Abstract]

Notes payable and accrued interest

At December 31,2016 and December 31,2015, the Company's notes payable and accrued interest consisted of the following:

	December 31, 2016			December 31, 2015
Credit Facility:
Principal	$	110,100,000		$	110,400,000
Unamortized debt issuance costs		(1,999,900	)		(2,814,000	)
Accrued interest		83,600			35,600
Special purpose financing:
Principal		17,623,600			-
Accrued interest		30,600			-
	$	125,837,900		$	107,621,600