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Convertible Preferred Stock
3 Months Ended
Mar. 31, 2016
Preferred Stock, Number of Shares, Par Value and Other Disclosures [Abstract]  
Convertible Preferred Stock

Series A Preferred Stock

 

At March 31, 2016 and December 31, 2014, the Company had 0 shares of Series A Cumulative Convertible Preferred Stock (the “Series A Stock”) outstanding.

 

Series B Preferred Stock

 

At March 31, 2016 and December 31, 2015, the Company had 0 shares of Series B convertible preferred stock (“Series B Stock”) outstanding.

 

Series C Convertible Preferred Stock

 

At March 31, 2016 and December 31, 2015, the Company had 3,700,729 shares of Series C convertible preferred stock (“Series C Stock”) outstanding that were issued to investors for $3.00 per share. No shares of Series C Stock converted to common shares during the three months ended March 31, 2016.