Recent Accounting Developments (Notes)

9 Months Ended

Sep. 30, 2014

Recent Accounting Developments [Abstract]

New Accounting Pronouncements and Changes in Accounting Principles [Text Block]

Note 14 - Recent Accounting Developments

In May 2014, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) 2014-09, Revenue from Contracts with Customers (Topic 606). The ASU replaces most of the existing revenue guidance with a single set of principles, including changes in recognition and disclosure requirements. The guidance will be effective beginning January 1, 2017. Early adoption is not permitted. The new guidance must be applied retrospectively to each prior period presented or via a cumulative effect upon the date of initial application. The Company is currently evaluating the ASU's effect on its financial position, results of operations and cash flows, as well as which transition approach it will take.