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INCOME TAXES (Tables)
6 Months Ended
Jun. 30, 2015
Income Tax Disclosure [Abstract]  
Schedule of Deferred Tax Assets and Liabilities [Table Text Block]
The following table summarized the Company’s deferred tax assets and valuation allowance as of June 30, 2015 and December 31, 2014:
 
 
 
As of June 30, 2015
 
As of December 31, 2014
 
Non-current Deferred Tax Asset (Liability)
 
 
 
 
 
 
 
Unrealized Gain (Security)
 
 
(955,419)
 
 
(1,393,014)
 
Net Operating Losses
 
 
1,310,854
 
 
1,545,254
 
AMT Credit
 
 
4,350
 
 
-
 
 
 
 
359,785
 
 
152,240
 
Valuation Allowance
 
 
(359,785)
 
 
(152,240)
 
Net Non-current Deferred Tax Asset (Liability)
 
 
-
 
 
-