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Fair Value Measurements (Tables)
12 Months Ended
Dec. 31, 2016
Fair Value Disclosures [Abstract]  
Schedule of financial assets and liabilities measured at fair value on a recurring basis

The following tables set forth a summary of changes in the fair value of Level 3 liabilities measured at fair value on a recurring basis for the year ended December 31, 2015 (there has been no activity for the year ended December 31, 2016):

 

Description  

Balance at

December 31,

2014

   

Established

in 2015

   

Change in

Fair Value

   

Reclassified

to Equity

   

Balance at

December 31,

2015

 
Derivative warrant liability   $     $ 72,333     $ 647,342     $ (719,675 )   $