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Earnings Per Share (Details 1) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Numerator        
Net (loss) income $ (3,534,882) $ (2,668,184) $ (7,831,494) $ 2,594,195
Effects of Series A redeemable convertible preferred stock:        
Less: Series A redeemable convertible preferred stock dividends 195,366 186,904 387,974 377,690
Less: Accretion to redemption value of Series A redeemable convertible preferred stock 170,981 143,557 334,650 280,974
Net (loss) income attributable to common stockholders $ (3,901,229) $ (2,998,645) $ (8,554,118) $ 1,935,531
Denominator        
Weighted average basic shares outstanding (in shares) 43,159,285 40,964,160 42,521,018 40,949,849
Effect of dilutive securities:        
Stock options and restricted stock 0 0 0 1,542,828
Series A redeemable convertible preferred stock 0 0 0 0
Weighted average diluted shares outstanding (in shares) 43,159,285 40,964,160 42,521,018 42,492,677
Basic net (loss) income per share attributable to common stockholders (in dollars per share) $ (0.09) $ (0.07) $ (0.20) $ 0.05
Diluted net (loss) income per share attributable to common stockholders (in dollars per share) $ (0.09) $ (0.07) $ (0.20) $ 0.05