Summary of Significant Accounting Policies (Details 1) - USD ($)	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Numerator:
Net (loss) income	$ (2,060,002)	$ 856,941
Denominator:
Basic Weighted average shares	64,914,935	64,416,035
Effect of dilutive securities:
Denominator for diluted (loss) income per share-adjusted weighted average shares after assumed conversions	64,914,935	71,855,138
Stock options [Member]
Effect of dilutive securities:
Stock options		1,786,869
Series C Convertible Preferred Stock and related accrued dividends [Member]
Effect of dilutive securities:
Convertible Preferred Stock		2,023,658
Series D Convertible Preferred Stock [Member]
Effect of dilutive securities:
Convertible Preferred Stock		3,628,576