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CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE (LOSS) INCOME (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Statement of Comprehensive Income [Abstract]    
Net (loss) income $ (4,296,612) $ 5,262,379
Other comprehensive (loss) income, net of applicable taxes:    
Foreign currency translation (227,415) (26,501)
Net unrealized gain on marketable securities 4,039 4,019
Net minimum pension liability 3,176 2,467
Total other comprehensive loss, net of applicable taxes: (220,200) (20,015)
Total comprehensive (loss) income (4,516,812) 5,242,364
Less: Accrual of Series A redeemable convertible preferred stock dividends 192,608 190,786
Less: Accretion to redemption value of Series A redeemable convertible preferred stock 163,669 137,417
Total comprehensive (loss) income attributable to common stockholders $ (4,873,089) $ 4,914,161