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Income Taxes (Tables)
3 Months Ended
Mar. 31, 2016
Income Tax Disclosure [Abstract]  
Reconciliation of effective income tax rate
The following table shows the Company's effective income tax rate for the three months ended March 31, 2016 and 2015:
 
Three Months Ended
March 31,
 
2016
 
2015
Income before provision for income taxes
$
317,599

 
$
5,260,777

Income tax expense
$
(54,988
)
 
$
(1,933,000
)
Effective tax rate
17.3
%
 
36.7
%