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Warrants (Tables)
12 Months Ended
Dec. 31, 2015
Warrants and Rights Note Disclosure [Abstract]  
Schedule of Fair Value of Warrants Estimated Using Black-Scholes Option Pricing Model

The fair value of the warrants was estimated using a Black-Scholes option pricing model utilizing the following assumptions at the indicated dates:

 

 

 

 

 

 

 

 

 

 

 

December 2015 (modification date)

    

December 31, 2014

    

December 31, 2013

 

Risk-free interest rate

 

1.54 - 1.63

%  

1.67

%  

2.16

%

Expected volatility

 

20.72 - 21.04

%  

24.18

%  

33.80

%

Expected term (years)

 

4 - 5

 

5 - 6

 

6 - 7

 

Dividend yield

 

0.95 - 0.96

%  

1.03

%  

0.93

%