Asset Retirement Obligation

12 Months Ended

Dec. 31, 2018

Asset Retirement Obligation Disclosure [Abstract]

Asset Retirement Obligation Disclosure [Text Block]

Note 10. Asset Retirement Obligation

Included in machinery and equipment is various production equipment, which per the Company’s building lease, is required to be removed upon termination of the related lease. Included in accrued expenses in the accompanying balance sheet is the asset retirement obligation that represents the expected present value of the liability to remove this equipment. There are no assets that are legally restricted for purposes of settling this asset retirement obligation.

Following is a reconciliation of the aggregate retirement liability associated with the Company’s obligation to dismantle and remove the machinery and equipment associated with its lease:

Balance at January 1, 2017	$	65,578
Increase in present value of the obligation (accretion expense in the corresponding amount charged against earnings)		1,218
Balance at December 31, 2017	$	66,796
Increase in present value of the obligation (accretion expense in the corresponding amount charged against earnings)		2,431
Balance at December 31, 2018	$	69,227