Accrued Expenses and Other Liabilities (Tables)

12 Months Ended

Dec. 31, 2015

Accrued Liabilities and Other Liabilities [Abstract]

Schedule of Accrued Liabilities [Table Text Block]

Accrued expenses and other liabilities consisted of the following:

	December 31,
	2015		2014
Accrued research and development expenses	$	451,805	$	540,722
Accrued professional fees		600,390		509,953
Accrued employee and payroll related expenses		102,632		37,313
Other		93,881		107,424
Accrued expenses and other liabilities	$	1,248,708	$	1,195,412