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Earnings Per Share (Details 1) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Numerator        
Net (loss) income $ (1,976,173) $ (2,581,939) $ (9,807,667) $ 12,256
Effects of Series A redeemable convertible preferred stock:        
Less: Series A redeemable convertible preferred stock dividends 194,012 190,786 581,986 568,476
Less: Accretion to redemption value of Series A redeemable convertible preferred stock 178,619 149,969 513,269 430,943
Net loss attributable to common stockholders $ (2,348,804) $ (2,922,694) $ (10,902,922) $ (987,163)
Denominator        
Weighted average basic shares outstanding (in shares) 43,488,448 41,113,431 42,847,038 41,004,976
Effect of dilutive securities:        
Stock options and restricted stock 0 0 0 0
Series A redeemable convertible preferred stock 0 0 0 0
Weighted average diluted shares outstanding (in shares) 43,488,448 41,113,431 42,847,038 41,004,976
Basic net (loss) income per share attributable to common stockholders (in dollars per share) $ (0.05) $ (0.07) $ (0.25) $ (0.02)
Diluted net (loss) income per share attributable to common stockholders (in dollars per share) $ (0.05) $ (0.07) $ (0.25) $ (0.02)