Series A Redeemable Convertible Preferred Stock (Details 1) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Equity [Abstract]
Net (loss) income	$ (3,534,882)	$ (2,668,184)	$ (7,831,494)	$ 2,594,195
Less: Accrual of 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