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Consolidated Statements of Operations - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Consolidated Statements of Operations [Abstract]
Fee income	$ 445,846	$ 452,937	$ 1,628,736	$ 1,156,904
Operating expenses	895,123	778,075	3,029,386	3,011,681
Research and development	327,448	324,306	1,096,420	1,123,746
Total Expenses	1,222,571	1,102,381	4,125,806	4,135,427
Operating loss	(776,725)	(649,444)	(2,497,070)	(2,978,523)
Net investment income	9,405	9,638	32,085	26,874
Net loss	$ (767,320)	$ (639,806)	$ (2,464,985)	$ (2,951,649)
Basic and diluted net loss per common share	$ (0.03)	$ (0.03)	$ (0.10)	$ (0.13)
Weighted average number of common shares outstanding	23,996,038	23,924,465	24,037,042	23,535,083

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The amount of net income or loss for the period per each share in instances when basic and diluted earnings per share are the same amount and reported as a single line item on the face of the financial statements. Basic earnings per share is the amount of net income or loss for the period per each share of common stock or unit outstanding during the reporting period. Diluted earnings per share includes the amount of net income or loss for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period.

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