Commitments and Contingencies

3 Months Ended

Mar. 31, 2016

Commitments and Contingencies [Abstract]

Commitments and Contingencies Disclosure [Text Block]

14. Commitments and Contingencies

 

Operating Lease Commitments

There were no leases entered into or modifications of existing leases during the three month period ended March 31, 2016 and 2015.

Employment Agreements

The Company has employment agreements with certain executives that set forth compensation levels and provide for severance payments in certain instances.