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Related Party Transactions (Tables)
9 Months Ended
Sep. 30, 2017
Related Party Transactions [Abstract]  
Schedule of Additional Compensation Expenses

During the three and nine months ended September 30, 2017 and 2016, the Company redeemed stock options from the CEO and COO that had previously been awarded. As a result, the Company recorded additional compensation expense as follows:

 

    Three Months Ending September 30,     Nine Months Ending September 30,  
    2017     2016     2017     2016  
Number of stock options redeemed     30,000       12,500       55,000       237,500  
Redemption value   $ 97,300     $ 37,500     $ 182,550     $ 505,224  
Amount previously expensed (2010 and 2009)     (32,000 )     (12,500 )     (67,000 )     (190,000 )
                                 
Additional compensation expense   $ 65,300     $ 25,000     $ 115,550     $ 315,224