December 31, | December 31, | December 31, | ||||||||
2017 | 2016 | 2015 | ||||||||
Management compensation | $ | 544,014 | $ | 717,368 | $ | 727,217 | ||||
Management bonus * | $ | - | $ | - | $ | - | ||||
Share-based expense ** | $ | 264,172 | $ | 160,854 | $ | 553,011 | ||||
Directors’ fees | $ | 67,000 | $ | 66,000 | $ | 34,500 |