Derivative Instruments (Tables)

9 Months Ended

Sep. 30, 2017

Derivative Instruments (Tables) [Abstract]

Impact of derivative instruments on the statement of operations and OCI

		September 30, 2017		December 31, 2016
Derivatives designated as net investment hedges:
Denominated in Canadian Dollars	$	575,000	$	900,000
Denominated in Pounds Sterling	£	550,000	£	550,000
Financial instruments designated as net investment hedges:
Denominated in Canadian Dollars	$	250,000	$	250,000
Denominated in Pounds Sterling	£	1,050,000	£	1,050,000
Derivatives designated as cash flow hedges:
Denominated in U.S. Dollars	$	-	$	57,000
Denominated in Canadian Dollars	$	54,000	$	54,000
Denominated in Pounds Sterling	£	54,000	£	48,000
Derivative instruments not designated:
Denominated in Canadian Dollars	$	680,000	$	37,000

		Three Months Ended				Nine Months Ended
		September 30,				September 30,
	Location		2017		2016		2017		2016
Gain (loss) on forward exchange contracts recognized in income	Interest expense	$	(576)	$	3,420	$	3,613	$	4,789
(Gain) on release of cumulative translation adjustment related to ineffectiveness on net investment hedge	Loss (gain) on derivatives, net		-		(2,516)		-		(2,516)
Gain (loss) on foreign exchange contracts and term loans designated as net investment hedge recognized in OCI	OCI		(98,003)		53,421		(239,884)		229,256