Fair Value of Financial Instruments (Tables)

3 Months Ended

Mar. 31, 2017

Fair Value Disclosures [Abstract]

Fair Value, by Balance Sheet Grouping [Table Text Block]

The carrying amount and fair value of the Company's financial instruments are approximately as follows:

Description	Carrying Value		Fair Value		Level 1		Level 2		Level 3
March 31, 2017
Long-term debt	$	2,794,500	$	2,794,500		-	$	2,794,500		-
Note receivable		1,603,484		1,798,000		-		1,798,000		-
Marketable securities		299,000		299,000	$	299,000		-		-
December 31, 2016
Long-term debt	$	2,907,437	$	2,907,437		-	$	2,907,437		-
Note receivable		1,630,164		1,812,000		-		1,812,000		-
Marketable securities		296,000		296,000	$	296,000		-		-