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Fair Value Measurements (Tables)
6 Months Ended
Jun. 30, 2018
Fair Value Disclosures [Abstract]  
Schedule of Fair Value Assets Measured On Recurring Basis
The following table presents the Company’s assets and liabilities that are measured at fair value on a recurring basis at June 30, 2018:
 
 
 
 
Fair Value Measurements at Reporting Date Using
 
 
Total
 
Quoted Prices in Active Markets for Identical Assets
(Level 1)
 
Significant other Inputs
(Level 2)
 
Significant Unobservable Inputs
(Level 3)
Derivative liabilities:
 
 

 
 

 
 

 
 

Derivative Instruments
 
482,871

 
—

 
—

 
482,871

Total derivative liabilities
 
482,871

 
—

 
—

 
482,871

 
 
 
 
 
 
 
 
 
Total assets and liabilities measured at fair value
 
$
482,871

 
$
—

 
$
—

 
$
482,871


The following table presents the Company’s assets and liabilities that are measured at fair value on a recurring basis at December 31, 2017: 
 
 
 
 
Fair Value Measurements at Reporting Date Using
 
 
Total
 
Quoted Prices in Active Markets for Identical Assets
(Level 1)
 
Significant other Inputs
(Level 2)
 
Significant Unobservable Inputs
(Level 3)
Derivative liabilities:
 
 
 
 
 
 
 
 
Derivative Instruments
 
445,838

 
—

 
—

 
445,838

Total derivative liabilities
 
445,838

 
—

 
—

 
445,838

 
 
 
 
 
 
 
 
 
Total assets and liabilities measured at fair value
 
$
445,838

 
$
—

 
$
—

 
$
445,838

Fair Value Measurements using Significant Unobservable Inputs
The following table presents a reconciliation of the beginning and ending balances of the Company's liabilities measured at fair value on a recurring basis using significant unobservable inputs (Level 3) for the three and six months ended June 30, 2018 and June 30, 2017:
 
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
 
2018
 
2017
 
2018
 
2017
Beginning Balance
 
$
445,838

 
$
355,612

 
$
445,838

 
$
336,862

Total loss recognized in earnings
 
37,033

 
63,948

 
37,033

 
82,698

Ending Balance
 
$
482,871

 
$
419,560

 
$
482,871

 
$
419,560