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Intangible Assets (Tables) | 12 Months Ended
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Dec. 31, 2015
Intangible Assets Tables |
Patents amortized over their remaining lives | The patents and intellectual property are being amortized over their remaining lives, which range from 8 to 16 years.
|  |  |  |  |  |  |  | December 31, |
|  |  |  |  |  |  |  | 2015 |
|  |  |  |  | Accumulated |  |  | Net Carrying |
|  | Cost |  |  | Amortization |  |  | Value |
|  | $ |  |  | $ |  |  | $ |
Patents |  |  | 1,119,302 |  |  |  | 413,921 |  |  |  | 705,381 |
|  |  | 1,119,302 |  |  |  | 413,921 |  |  |  | 705,381 |
|  |  |  |  |  |  |  | December 31, |
|  |  |  |  |  |  |  | 2014 |
|  |  |  |  | Accumulated |  |  | Net Carrying |
|  | Cost |  |  | Amortization |  |  | Value |
|  | $ |  |  | $ |  |  | $ |
Patents |  |  | 1,173,593 |  |  |  | 364,867 |  |  |  | 808,726 |
|  |  | 1,173,593 |  |  |  | 364,867 |  |  |  | 808,726 |
Annual estimated amortization schedule | The Company amortizes the long-lived assets on a straight line basis with terms of 13 and 20 years. The annual estimated amortization schedule over the next five years is as follows:
2016 |  | $ | 85,378 |
2017 |  | $ | 85,378 |
2018 |  | $ | 85,378 |
2019 |  | $ | 85,378 |
2020 |  | $ | 85,378 |

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