Derivative Instruments; Fair Value (Tables)

9 Months Ended

Sep. 30, 2016

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule Of Fair Value, Assets and Liabilities Measured On Recurring Basis [Table Text Block]

The following tables represents information about the Company’s assets and liabilities measured at fair value on a recurring basis as of September 30, 2016 and December 31, 2015, and indicate the fair value hierarchy of the valuation techniques utilized by the Company to determine such fair value:

	Amount as of
Description	9/30/2016		Level 1		Level 2		Level 3
Warrant Liability	$	894,000		-	$	894,000		-
	$	894,000		-	$	894,000		-

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