New Accounting Standards (Policies)

3 Months Ended

Mar. 31, 2015

Accounting Policies [Abstract]

Impact of New Accounting Standards

Recently Issued Accounting Guidance

In February 2015, the Financial Accounting Standards Board issued new guidance amending accounting for consolidations which will be effective January 1, 2016. The guidance changes what an investor must consider in determining whether it is required to consolidate an entity in which it holds an interest. The Company is currently evaluating the impact of this guidance on the Company’s financial position, results of operations, earnings per common share, and cash flows.