Fair Value Disclosures; Derivative Instruments (Tables)

12 Months Ended

Dec. 31, 2015

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, 2015 and 2014, and indicates the fair value hierarchy of the valuation techniques utilized by the Company to determine such fair value:

	Amount as of
Description	12/31/2015		Level 1		Level 2		Level 3
Warrant Liability	$	714,000		-	$	714,000		-
	$	714,000			$	714,000

	Amount as of
Description	12/31/2014		Level 1		Level 2		Level 3
Warrant Liability	$	525,000		-	$	525,000		-
	$	525,000			$	525,000