Capital Leases

12 Months Ended

Dec. 31, 2014

Leases, Capital [Abstract]

Capital Leases

4. Capital Leases

On September 4, 2011, TPT entered into a financial lease agreement with Diependael Leasing, BV for equipment related to the production of ALUPREM. The cost of the equipment under the capital lease, in the amount of €38,360 ($46,416), is included in the consolidated balance sheets as property, plant and equipment. Accumulated amortization of the leased equipment at December 31, 2014 the asset was fully depreciated. The capital lease, in the amount of €41,256 ($49,900) including interest of €2,896 ($3,500) matured on August 4, 2014.