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Fair Value Disclosures; Derivative Instruments (Tables)
12 Months Ended
Dec. 31, 2014
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]
The following table presents information about the Company’s liabilities measured at fair value on a recurring basis as of December 31, 2014 and 2013, and indicates the fair value hierarchy of the valuation techniques utilized by the Company to determine such fair value:
 
 
 
Amount as of
 
 
 
 
 
Description
 
12/31/2014
 
Level 1
 
Level 2
 
Level 3
 
Warrant Liability
 
$
525,000
 
 
-
 
$
525,000
 
 
-
 
 
 
$
525,000
 
 
 
 
$
525,000
 
 
 
 
 
 
 
Amount as of
 
 
 
 
 
 
 
Description
 
12/31/2013
 
Level 1
 
Level 2
 
Level 3
 
Interest Rate Swap
 
$
60,000
 
$
-
 
$
60,000
 
$
-
 
Warrant Liability
 
 
816,000
 
 
-
 
 
816,000
 
 
-
 
 
 
$
876,000
 
 
 
 
$
876,000
 
 
 
 
Schedule of Derivatives Instruments Statements of Financial Performance and Financial Position, Location [Table Text Block]
Fair Values of Derivative Instruments in the Consolidated Balance Sheets
 
 
 
Liability Derivatives
 
As of December 31,
 
2014
 
2013
 
Derivatives not designated
 
 
 
 
 
 
 
 
 
as hedging instruments
 
Balance Sheet
 
 
 
Balance Sheet
 
 
 
under Statement 133
 
Location
 
Fair Value
 
Location
 
Fair Value
 
Interest Rate Contracts
 
Accrued Liabilities
 
$
-
 
Accrued Liabilities
 
$
60,000
 
Schedule of Derivative Instruments, Gain (Loss) in Statement of Financial Performance [Table Text Block]
The Effect of Derivative Instruments on the Consolidated Statements of Operations
 
December 31,
 
2014
 
2013
 
 
 
Location of
 
 
 
Location of
 
Amount of
 
 
 
Gain
 
Amount of Gain
 
Gain
 
Gain
 
Derivatives not Designated
 
Recognized in
 
Recognized in
 
Recognized
 
Recognized in
 
as Hedging Instruments
 
Income on
 
Income on
 
in Income on
 
Income on
 
under Statement 133
 
Derivative
 
Derivative
 
Derivative
 
Derivative
 
 
 
Interest
 
 
 
 
Interest
 
 
 
 
Interest Rate Contracts
 
Expense
 
$ -
 
Expense
 
$14,000
 
Interest on fixed/variable rate variances
 
 
 
$
63,000
 
 
 
$
82,000