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Subsequent events
12 Months Ended
Dec. 31, 2016
Subsequent Events [Abstract]  
Subsequent events
Subsequent events
The Company has completed an evaluation of all subsequent events after the balance sheet date of December 31, 2016 through the date these consolidated financial statements were issued. The Company has concluded that no subsequent events have occurred that require disclosure, except as described below.
Lease for the Company's headquarters
On January 27, 2017, the Company entered into a lease agreement (the "Lease Agreement") with BP Prucenter Acquisition LLC for the Company's headquarters located at 800 Boylston Street, Boston, Massachusetts. The Company's current sublease will terminate on August 31, 2017, following which time the Company will lease the same location from September 1, 2017 until August 31, 2019 pursuant to the terms of the Lease Agreement. Under the Lease Agreement, the Company will lease 7,234 square feet which will result in an aggregate increase to future minimum lease payments of $933,186 through 2019. The Company's current security deposit amount, which totals $126,595, will be unchanged upon commencement of the new lease.