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Marketable Securities and Fair Value Measurements - Assets and Liabilities Measured at Fair Value (Details) - Fair Value, Measurements, Recurring - USD ($)	Jun. 30, 2018	Dec. 31, 2017
Financial assets and liabilities that are measured at fair value on recurring basis
Assets, fair value	$ 93,841,418	$ 124,876,806
Liabilities, fair value	228,665	360,795
Using Quoted Prices in Active Markets for Identical Assets (Level 1)
Financial assets and liabilities that are measured at fair value on recurring basis
Assets, fair value	13,332,054	21,237,962
Liabilities, fair value	0	0
Using Significant Other Unobservable Inputs (Level 2)
Financial assets and liabilities that are measured at fair value on recurring basis
Assets, fair value	80,509,364	103,638,844
Liabilities, fair value	0	0
Using Significant Unobservable Inputs (Level 3)
Financial assets and liabilities that are measured at fair value on recurring basis
Assets, fair value	0	0
Liabilities, fair value	228,665	360,795
Money market funds
Financial assets and liabilities that are measured at fair value on recurring basis
Assets, fair value	1,649,759	9,843,482
Money market funds | Using Quoted Prices in Active Markets for Identical Assets (Level 1)
Financial assets and liabilities that are measured at fair value on recurring basis
Assets, fair value	1,649,759	9,843,482
Money market funds | Using Significant Other Unobservable Inputs (Level 2)
Financial assets and liabilities that are measured at fair value on recurring basis
Assets, fair value	0	0
Money market funds | Using Significant Unobservable Inputs (Level 3)
Financial assets and liabilities that are measured at fair value on recurring basis
Assets, fair value	0	0
Mutual funds
Financial assets and liabilities that are measured at fair value on recurring basis
Assets, fair value	69,322,516	68,565,889
Mutual funds | Using Quoted Prices in Active Markets for Identical Assets (Level 1)
Financial assets and liabilities that are measured at fair value on recurring basis
Assets, fair value	0	0
Mutual funds | Using Significant Other Unobservable Inputs (Level 2)
Financial assets and liabilities that are measured at fair value on recurring basis
Assets, fair value	69,322,516	68,565,889
Mutual funds | Using Significant Unobservable Inputs (Level 3)
Financial assets and liabilities that are measured at fair value on recurring basis
Assets, fair value	0	0
US corporate debt securities
Financial assets and liabilities that are measured at fair value on recurring basis
Assets, fair value	11,186,848	35,072,955
US corporate debt securities | Using Quoted Prices in Active Markets for Identical Assets (Level 1)
Financial assets and liabilities that are measured at fair value on recurring basis
Assets, fair value	0	0
US corporate debt securities | Using Significant Other Unobservable Inputs (Level 2)
Financial assets and liabilities that are measured at fair value on recurring basis
Assets, fair value	11,186,848	35,072,955
US corporate debt securities | Using Significant Unobservable Inputs (Level 3)
Financial assets and liabilities that are measured at fair value on recurring basis
Assets, fair value	0	0
Investment in affiliated entity
Financial assets and liabilities that are measured at fair value on recurring basis
Assets, fair value	11,682,295	11,394,480
Investment in affiliated entity | Using Quoted Prices in Active Markets for Identical Assets (Level 1)
Financial assets and liabilities that are measured at fair value on recurring basis
Assets, fair value	11,682,295	11,394,480
Investment in affiliated entity | Using Significant Other Unobservable Inputs (Level 2)
Financial assets and liabilities that are measured at fair value on recurring basis
Assets, fair value	0	0
Investment in affiliated entity | Using Significant Unobservable Inputs (Level 3)
Financial assets and liabilities that are measured at fair value on recurring basis
Assets, fair value	0	0
Common stock warrants
Financial assets and liabilities that are measured at fair value on recurring basis
Liabilities, fair value	228,665	360,795
Common stock warrants | Using Quoted Prices in Active Markets for Identical Assets (Level 1)
Financial assets and liabilities that are measured at fair value on recurring basis
Liabilities, fair value	0	0
Common stock warrants | Using Significant Other Unobservable Inputs (Level 2)
Financial assets and liabilities that are measured at fair value on recurring basis
Liabilities, fair value	0	0
Common stock warrants | Using Significant Unobservable Inputs (Level 3)
Financial assets and liabilities that are measured at fair value on recurring basis
Liabilities, fair value	$ 228,665	$ 360,795

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- Definition

Fair value portion of probable future economic benefits obtained or controlled by an entity as a result of past transactions or events.

+ References

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 2
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- Definition

Fair value of financial and nonfinancial obligations.

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