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Selected Quarterly Financial Data (Unaudited) (Tables)

12 Months Ended

Dec. 31, 2016

Quarterly Financial Information Disclosure [Abstract]

Schedule of Quarterly Financial Data

		Quarter
2016		First				Second				Third				Fourth (2)
Fee Income		$	409,133			$	244,432			$	304,772			$	277,760
Operating loss			(1,187,591	)			(1,124,730	)			(566,063	)			(1,273,599	)
Net loss			(1,176,693	)			(1,116,758	)			(559,731	)			(1,385,228	)
Basic and diluted net loss
per common share (1)			(0.06	)			(0.05	)			(0.02	)			(0.06	)

		Quarter
2015		First				Second				Third				Fourth (2)
Fee Income		$	379,398			$	803,494			$	445,846			$	378,744
Operating loss			(1,227,427	)			(492,751	)			(766,725	)			(1,836,272	)
Net loss			(1,216,211	)			(481,287	)			(757,320	)			(1,825,038	)
Basic and diluted net loss
per common share (1)			(0.05	)			(0.02	)			(0.03	)			(0.08	)

(1)	Since per share information is computed independently for each quarter and the full year, based on the respective average number of common shares outstanding, the sum of the quarterly per share amounts does not necessarily equal the per share amounts for the year.

(2)	The Company incurred higher costs in the fourth quarter of 2016 and 2015 primarily due to: (i) $68,000 and $483,000 of stock and option compensation charges in 2016 and 2015, respectively relating to common stock and options granted to directors and employees, and (ii) $324,000 of bad debt expense in the fourth quarter of 2015 and $480,563 of bad debt expense in the fourth quarter of 2016.