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Derivatives used as Hedging Instruments (Details Textual)
3 Months Ended 9 Months Ended
Sep. 30, 2016
USD ($)
$ / Ounce-oz
Sep. 30, 2015
USD ($)
Sep. 30, 2016
USD ($)
$ / Ounce-oz
Sep. 30, 2015
USD ($)
Dec. 31, 2015
USD ($)
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 | $ $ 206,239 $ 0 $ 115,395 $ 0  
Derivative Liability | $ $ 115,395   $ 115,395   $ 0