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Debt Obligations (Tables)
12 Months Ended
Dec. 31, 2016
Debt Disclosure [Abstract]  
Principal Repayments Due Under Term Loan

The principal repayments due under the term loan as of December 31, 2016, are as follows:

 

2017

 

$

6,389,782

 

2018

 

 

5,163,822

 

Total Growth Term Loan payments

 

 

11,553,604

 

Less discount and deferred financing costs

 

 

(263,378

)

Plus final fee premium

 

 

488,693

 

Total Growth Term Loan, net

 

$

11,778,919