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Consolidated Statements of Operations (USD $)
3 Months Ended
Mar. 31, 2015
Mar. 31, 2014
Consolidated Statements of Operations [Abstract]    
Fee income $ 379,398us-gaap_Revenues $ 308,347us-gaap_Revenues
Operating expenses 1,172,537us-gaap_GeneralAndAdministrativeExpense 1,037,160us-gaap_GeneralAndAdministrativeExpense
Research and development 434,454us-gaap_ResearchAndDevelopmentExpense 449,813us-gaap_ResearchAndDevelopmentExpense
Total Expenses 1,606,991us-gaap_OperatingExpenses 1,486,973us-gaap_OperatingExpenses
Operating loss (1,227,593)us-gaap_OperatingIncomeLoss (1,178,626)us-gaap_OperatingIncomeLoss
Net investment income 11,216us-gaap_InvestmentIncomeInterest 8,641us-gaap_InvestmentIncomeInterest
Net loss $ (1,216,377)us-gaap_NetIncomeLoss $ (1,169,985)us-gaap_NetIncomeLoss
Basic and diluted net loss per common share $ (0.05)us-gaap_EarningsPerShareBasicAndDiluted $ (0.05)us-gaap_EarningsPerShareBasicAndDiluted
Weighted average number of common shares outstanding 23,944,144us-gaap_WeightedAverageNumberOfShareOutstandingBasicAndDiluted 23,117,229us-gaap_WeightedAverageNumberOfShareOutstandingBasicAndDiluted