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Earnings Per Common Share (Tables) | 12 Months Ended
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Dec. 31, 2015
Earnings Per Share [Abstract] |
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block] | Basic earnings (loss) per share is computed by dividing the net income or loss by the weighted-average number of shares of common stock outstanding during each period presented. Diluted earnings per share is computed by dividing the net income or loss by the weighted-average number of shares of common stock outstanding plus the additional dilutive securities that could be exercised or converted into common shares during each period presented less the amount of shares that could be repurchased using the proceeds from the exercises.
|  | Twelve Months Ended
|  | December 31, 2015 |  | December 31, 2014
Net Income (Loss) |  | $ | (11,308,171 | ) |  | $ | 3,184,064 |
Weighted average shares outstanding - basic |  | 3,737,897 |  |  | 2,616,354 |
Basic income (loss) per share |  | $ | (3.03 | ) |  | $ | 1.22 |
Net Income (Loss) |  | $ | (11,308,171 | ) |  | $ | 3,184,064 |
Weighted average shares outstanding - basic |  | 3,737,897 |  |  | 2,616,354 |
Potential shares from "in-the-money" options |  | — |  |  | 401,545 |
Potential shares from "in-the-money" warrants |  | — |  |  | 1,325,910 |
Potential shares from converted restricted stock units |  | — |  |  | 88,282 |
Less: Shares assumed repurchased under the Treasury Stock Method |  | — |  |  | (1,262,088 | )
Weighted average shares outstanding - diluted |  | 3,737,897 |  |  | 3,170,003 |
Diluted income (loss) per share |  | $ | (3.03 | ) |  | $ | 1.00 |
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share [Table Text Block] | The Company excluded the following weighted average items from the above computation of diluted earnings per common share as their effect would be anti-dilutive:
|  |  | Twelve Months Ended
|  |  | December 31, 2015 |  | December 31, 2014
Stock options |  |  | 723,834 |  |  | 61,924 |
Warrants |  |  | 1,873,547 |  |  | 1,129,315 |
Restricted stock units |  |  | 58,475 |  |  | — |
Total excluded shares |  |  | 2,655,856 |  |  | 1,191,239 |

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- Definition Tabular disclosure of securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) in the future that were not included in the computation of diluted EPS because to do so would increase EPS amounts or decrease loss per share amounts for the period presented, by antidilutive securities. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details
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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details
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