Income Tax Expense (Details Narrative) (USD $)
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12 Months Ended | |
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Dec. 31, 2014
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Dec. 31, 2013
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Valuation allowance for deferred tax assets | $ 19,438,896us-gaap_DeferredTaxAssetsValuationAllowance | $ 18,010,538us-gaap_DeferredTaxAssetsValuationAllowance |
Change in valuation allowance | 1,428,358us-gaap_ValuationAllowanceDeferredTaxAssetChangeInAmount | 939,998us-gaap_ValuationAllowanceDeferredTaxAssetChangeInAmount |
Federal [Member] | ||
Net operating loss carry forwards |
51,300,000us-gaap_OperatingLossCarryforwards / us-gaap_IncomeTaxAuthorityAxis = us-gaap_DomesticCountryMember |
47,600,000us-gaap_OperatingLossCarryforwards / us-gaap_IncomeTaxAuthorityAxis = us-gaap_DomesticCountryMember |
Operating loss carryforwards expiration date | Dec. 31, 2034 | |
New Jersey State [Member] | ||
Net operating loss carry forwards |
$ 11,900,000us-gaap_OperatingLossCarryforwards / us-gaap_IncomeTaxAuthorityAxis = us-gaap_StateAndLocalJurisdictionMember |
$ 8,100,000us-gaap_OperatingLossCarryforwards / us-gaap_IncomeTaxAuthorityAxis = us-gaap_StateAndLocalJurisdictionMember |
Operating loss carryforwards expiration date | Dec. 31, 2021 |
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- Definition
Amount of deferred tax assets for which it is more likely than not that a tax benefit will not be realized. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of operating loss carryforward, before tax effects, available to reduce future taxable income under enacted tax laws. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Expiration date of each operating loss carryforward included in operating loss carryforward, in CCYY-MM-DD format. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of increase (decrease) in the valuation allowance for a specified deferred tax asset. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Details
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