Annual report pursuant to Section 13 and 15(d)

Summary of Significant Accounting Policies (Details)

v3.3.1.900
Summary of Significant Accounting Policies (Details)
12 Months Ended
Dec. 31, 2015
USD ($)
item
$ / shares
Dec. 31, 2014
USD ($)
$ / shares
Property and Equipment    
Impairment losses $ 0  
Investments    
Minimum percentage value of RRAs collateralized by deposits in the form of Government Securities and Obligations 102.00%  
Marketable Securities $ 125,864,447 $ 70,698,640
Charges for other-than-temporary declines in fair value of short-term or long-term investments 0 0
Change in unrealized loss on marketable securities (187,074) $ (18,782)
Restricted Cash    
Letters of credit $ 112,000  
Stock-Based Compensation    
Number of stock-based compensation plans | item 1  
Basic and diluted net loss per common share calculation:    
Difference between basic and diluted net loss per share of Common Stock | $ / shares $ 0.00 $ 0.00
Accounting pronouncements reclassifications    
Loans payable, net $ 18,185,898 $ 1,692,884
Accounting Standards Update ("ASU") 2015-03 - Simplifying the Presentation of Debt Issuance Costs | Early adoption adjustment amounts    
Accounting pronouncements reclassifications    
Other assets (98,401)  
Loans payable, net (98,401)  
Company Website    
Intangible Asset    
Intangible asset 15,000  
Amortization expense on intangible assets 156  
Amortization expected to recognize in 2016 1,875  
Amortization expected to recognize in 2017 1,875  
Amortization expected to recognize in 2018 1,875  
Amortization expected to recognize in 2019 1,875  
Amortization expected to recognize in 2020 1,875  
Amortization expected to recognize in 2021 1,875  
Amortization expected to recognize in 2022 1,875  
Amortization expected to recognize in 2023 $ 1,875  
Computer equipment    
Property and Equipment    
Estimated useful life P3Y  
Laboratory equipment, office equipment, furniture and software    
Property and Equipment    
Estimated useful life P5Y