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Summary of Significant Accounting Policies (Policies) | 3 Months Ended
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Mar. 31, 2015
Summary of Significant Accounting Policies |
Recent Accounting Pronouncements | Recent Accounting Pronouncements In May 2014, the FASB issued ASU No. 2014-09 "Revenue from Contracts with Customers (Topic 606)." The core principle of the guidance is that an entity should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods and services. ASU 2014-09 is effective for annual reporting periods beginning after December 15, 2016, including interim periods within that reporting period. The amendments can be applied retrospectively to each prior reporting period or retrospectively with the cumulative effect of initially applying this update recognized at the date of initial application. Early application is not permitted. The Company is assessing the impact of ASU 2014-09 on its accounting and disclosures. On April 1, 2015, the FASB voted to propose a delay in the effective date of ASU 2014 – 09. On April 29, 2015, FASB issued a proposed accounting standards update to defer the effective date of an additional year. If the proposal is approved, the standard will be effective for annual reporting periods beginning after December 15, 2017. FASB requested comments on the proposal by May 29, 2015.

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- Definition Disclosure of accounting policy pertaining to new accounting pronouncements that may impact the entity's financial reporting. Includes, but is not limited to, quantification of the expected or actual impact. + References No definition available. + Details
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