Annual report pursuant to Section 13 and 15(d)

Schedule II - Valuation and Qualifying Accounts (Tables)

Schedule II - Valuation and Qualifying Accounts (Tables)

12 Months Ended

Dec. 31, 2015

Valuation and Qualifying Accounts [Abstract]

Schedule of Valuation and Qualifying Accounts

Valuation Allowance on Deferred Tax Assets

Balance Beginning of Period

Additions (Deductions) Charged to (from) Income Tax Expense

Other Changes to Valuation Allowance

Balance End of Period

2015

$

(13,773,409)

(1,551,029)

-

$

(15,324,438)

2014

$

(9,521,260)

(4,252,149)

-

$

(13,773,409)