Sale of Equity Securities

6 Months Ended

Jun. 30, 2016

Other Liabilities Disclosure [Abstract]

Sale of Equity Securities

6. Sale of Equity Securities

On January 12, 2016, the Company completed the sale of 3,157,894 shares of its common stock at a price to the public of $47.50 per share, resulting in net proceeds to the Company of $140.4 million after deducting underwriting discounts and commissions and offering expenses paid by the Company.