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12. Income Taxes
6 Months Ended
Jun. 30, 2016
Notes to Financial Statements  
12. Income Taxes

No tax benefit has been recognized for the loss in the three and six month periods ended June 30, 2016 and 2015 as the Company has fully offset the related deferred tax asset for the loss carry forward by a valuation allowance due to cumulative losses incurred by the Company and its subsidiaries during the prior three years.