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Fair Value of Financial Instruments (Tables)
9 Months Ended
Sep. 30, 2017
Fair Value of Financial Instruments [Abstract]  
Fair Value of Financial Instruments
There were no transfers between Levels 1, 2, or 3 during 2017 or 2016.

 
 
Fair Value Measurements at Reporting Date Using
 
 
 
Total
  
Quoted Prices in
Active Markets
(Level 1)
  
Quoted Prices in
Inactive Markets
(Level 2)
  
Significant
Unobservable Inputs
(Level 3)
 
As of September 30, 2017: (unaudited)
            
Cash and cash equivalents
 
$
97,307,258
  
$
97,307,258
  
$
-
  
$
-
 
 
                
As of December 31, 2016:
                
Cash and cash equivalents
 
$
106,398,919
  
$
106,398,919
  
$
-
  
$
-