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Warrant Liability (Restated) (Tables)

9 Months Ended

Sep. 30, 2015

Warrant Liability [Abstract]

Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Table Text Block]

The inputs to the model were as follows:

		September 30, 2015				December 31, 2014
Stock Price		$	13.72			$	10.15
Dividend Yield (per quarter per share)		$	0.125				N/A
Risk-free rate			0.33	%			0.67	%
Expected Term (years)			1.22				1.97
Expected Volatility			35.00	%			33.62	%

Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]

The table below provides a reconciliation of the beginning and ending balances for the warrant liability measured using significant unobservable inputs (Level 3):

Balance - December 31, 2014		$	19,991
Fair value adjustment - six months ended June 30, 2015			11,313
Balance - June 30, 2015			31,304
Fair value adjustment - three months ended September 30, 2015			3,146
Balance - September 30, 2015		$	34,450

Derivative Instruments, Gain (Loss) [Table Text Block]

		Number  of Warrants			Average  Value			Fair  Value
Opening balance as of January 1, 2015			9,097,430		$	2.20		$	19,991
Balance as of June 30, 2015			9,097,430		$	3.44		$	31,304
Change in fair value to the date of cashless exercise charged to income statement			1,279,647		$	2.03		$	2,600
Fair value of exercised warrants credited to shareholders equity			1,279,647		$	5.47		$	(7,003)
Change in fair value of unexercised warrants remaining at September 30, 2015			7,817,783		$	0.97		$	7,548
Closing balance as of September 30, 2015			7,817,783		$	4.41		$	34,450
Total change in warrant liability due exercise of warrants and change in fair value of remaining warrants for the three-month period ended September 30, 2015								$	3,145

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- Definition

Tabular disclosure of the inputs and valuation techniques used to measure fair value, and a discussion of changes in valuation techniques and related inputs, if any, applied during the period to each separate class of assets, liabilities, and financial instruments classified in shareholders' equity that are measured on a recurring and/or nonrecurring basis.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (bbb)
-URI http://asc.fasb.org/extlink&oid=36462937&loc=d3e19207-110258

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Tabular disclosure of the fair value measurement of liabilities using significant unobservable inputs (Level 3), a reconciliation of the beginning and ending balances, separately presenting changes attributable to the following: (1) total gains or losses for the period (realized and unrealized), segregating those gains or losses included in earnings (or changes in net assets), and gains or losses recognized in other comprehensive income (loss) and a description of where those gains or losses included in earnings (or changes in net assets) are reported in the statement of income (or activities); (2) purchases, sales, issues, and settlements (each type disclosed separately); and (3) transfers in and transfers out of Level 3 (for example, transfers due to changes in the observability of significant inputs) by class of liability.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=36462937&loc=d3e19279-110258

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=36462937&loc=d3e19207-110258

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- Definition

Tabular disclosure of the location and amount of derivative instruments and nonderivative instruments designated as hedging instruments reported before netting adjustments, and the amount of gain (loss) on derivative instruments and nonderivative instruments designated and qualified as hedging instruments.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4C
-URI http://asc.fasb.org/extlink&oid=56946850&loc=SL5624171-113959

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-Name Accounting Standards Codification
-Topic 815
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-Section 50
-Paragraph 4A
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=56946850&loc=SL5618551-113959

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