Fair Value Measurements (Tables)

3 Months Ended

Mar. 31, 2019

Fair Value Measurements [Abstract]

Assets (Liabilities) Measured and Recorded at Fair Value on a Recurring Basis

The following table shows, by level within the fair value hierarchy, the Company’s assets at fair value as of March 31, 2019 and December 31, 2018:

	March 31, 2019										December 31, 2018
	Total			Level 1		Level 2			Level 3		Total		Level 1		Level 2		Level 3
Money market funds	$	3,157,500		$	3,157,500	$	-		$	-	$	656,400	$	656,400	$	-	$	-
Derivatives		(941,000	)		-		(941,000	)		-		-		-		-		-
Total	$	2,216,500		$	3,157,500	$	(941,000	)	$	-	$	656,400	$	656,400	$	-	$	-