Share-Based Compensation (Tables)

3 Months Ended

Mar. 31, 2015

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Schedule of grant date fair value and related assumptions of Options granted

The grant date fair value, and related assumptions, of Options granted in the first quarter of 2015 was as follows:

Tranche	Grant Date	Outstanding	Fair Value (Per Share)		Total Fair Value		Assumptions
Tranche A Options	March 11, 2015	31,875	$	9.51	$	303,149
Risk free interest rate							1.8	%
Expected term							6.5 years
Expected volatility							70.0	%
Tranche B Options	March 11, 2015	31,875	$	8.01	$	255,325
Risk free interest rate							1.5	%
Time to liquidity event							4.5 years
Expected volatility							75.0	%
Forward expected volatility rate							55.0	%
Forward risk free interest rate							2.7	%
Tranche C Options	March 11, 2015	31,875	$	7.42	$	236,546
Risk free interest rate							1.5	%
Time to liquidity event							4.5 years
Expected volatility							75.0	%
Forward expected volatility rate							55.0	%
Forward risk free interest rate							2.7	%
Total		95,625			$	795,020