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Cash and Cash Equivalents (Tables)
9 Months Ended
Sep. 30, 2013
Cash And Cash Equivalents [Abstract]  
Cash and Cash Equivalents

The Company’s cash equivalents are in money market funds. Cash and cash equivalents consist of the following:

 

     September 30,
2013
     December 31,
2012
 

Cash

   $ 213,597       $ 209,380   

Money market fund

     18,119,943         12,615,710   
  

 

 

    

 

 

 

Total cash and cash equivalents

   $ 18,333,540       $ 12,825,090