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Derivatives used as Hedging Instruments (Details Textual)
3 Months Ended 6 Months Ended
Jun. 30, 2016
USD ($)
$ / Ounce-oz
Jun. 30, 2016
USD ($)
$ / Ounce-oz
Dec. 31, 2015
USD ($)
Derivative [Line Items]      
Derivative, Average Floor Price | $ / Ounce-oz 1,100 1,100  
Derivative, Average Cap Price | $ / Ounce-oz 1,320 1,320  
Other Comprehensive Income (Loss), Unrealized Gain (Loss) on Derivatives Arising During Period, Net of Tax | $ $ 215,365 $ 321,634  
Derivative Liability | $ $ 321,634 $ 321,634 $ 0