Warrants (Tables)

6 Months Ended

Jun. 30, 2016

Equity [Abstract]

Summary of Assumptions to Use Option-Pricing Model

The Company used Black-Scholes option-pricing model to estimate the fair value of the convertible preferred stock with the following assumptions:

	June 30, 2015
Series C Warrant:
Expected term (in years)		5.04
Expected volatility		30.0%
Risk-free interest rate		1.6%
Expected dividend yield		0%

The fair value of the placement warrants were estimated at their grant dates using the Black-Scholes pricing model and the following weighted-average assumptions:

	Upon Issuance
Preferred Stock Warrant:
Expected term (in years)		5.0
Expected volatility		31.8%
Risk-free interest rate		1.6%
Expected dividend yield		0%