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Fair Value Measurements - Assets and Liabilities Measured at Fair Value on a Recurring Basis (Details) - USD ($)
Dec. 31, 2020
Dec. 31, 2019
Financial assets and liabilities that are measured at fair value on recurring basis    
Short-term investments $ 160,914,935  
Investments in affiliated entities 4,460,366 $ 6,315,356
Quoted Prices in Active Markets (Level 1)    
Financial assets and liabilities that are measured at fair value on recurring basis    
Derivative liability 7,100,000  
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 0  
Mutual funds    
Financial assets and liabilities that are measured at fair value on recurring basis    
Short-term investments 154,873,174 67,338,017
Certificates of deposit    
Financial assets and liabilities that are measured at fair value on recurring basis    
Short-term investments 3,016,260  
U.S. agency mortgage-backed securities    
Financial assets and liabilities that are measured at fair value on recurring basis    
Short-term investments 3,025,501  
Fair Value, Measurements, Recurring    
Financial assets and liabilities that are measured at fair value on recurring basis    
Short-term investments 160,914,935  
Investments in affiliated entities 4,460,366 6,315,356
Assets, fair value 225,372,101 76,003,102
Derivative liability   8,819,023
Liabilities, fair value   8,819,023
Fair Value, Measurements, Recurring | Quoted Prices in Active Markets (Level 1)    
Financial assets and liabilities that are measured at fair value on recurring basis    
Short-term investments 154,873,174  
Investments in affiliated entities 4,460,366 6,315,356
Assets, fair value 219,330,340 76,003,102
Derivative liability   0
Liabilities, fair value   0
Fair Value, Measurements, Recurring | Significant Other Unobservable Inputs (Level 2)    
Financial assets and liabilities that are measured at fair value on recurring basis    
Short-term investments 6,041,761  
Investments in affiliated entities 0 0
Assets, fair value 6,041,761 0
Derivative liability   0
Liabilities, fair value   0
Fair Value, Measurements, Recurring | Significant Unobservable Inputs (Level 3)    
Financial assets and liabilities that are measured at fair value on recurring basis    
Short-term investments 0  
Investments in affiliated entities 0 0
Assets, fair value 0 0
Derivative liability   8,819,023
Liabilities, fair value   8,819,023
Fair Value, Measurements, Recurring | U.S. treasury securities    
Financial assets and liabilities that are measured at fair value on recurring basis    
Cash and cash equivalents 59,996,800  
Fair Value, Measurements, Recurring | U.S. treasury securities | Quoted Prices in Active Markets (Level 1)    
Financial assets and liabilities that are measured at fair value on recurring basis    
Cash and cash equivalents 59,996,800  
Fair Value, Measurements, Recurring | U.S. treasury securities | Significant Other Unobservable Inputs (Level 2)    
Financial assets and liabilities that are measured at fair value on recurring basis    
Cash and cash equivalents 0  
Fair Value, Measurements, Recurring | U.S. treasury securities | Significant Unobservable Inputs (Level 3)    
Financial assets and liabilities that are measured at fair value on recurring basis    
Cash and cash equivalents 0  
Fair Value, Measurements, Recurring | Money market funds    
Financial assets and liabilities that are measured at fair value on recurring basis    
Cash and cash equivalents   2,349,729
Fair Value, Measurements, Recurring | Money market funds | Quoted Prices in Active Markets (Level 1)    
Financial assets and liabilities that are measured at fair value on recurring basis    
Cash and cash equivalents   2,349,729
Fair Value, Measurements, Recurring | Money market funds | Significant Other Unobservable Inputs (Level 2)    
Financial assets and liabilities that are measured at fair value on recurring basis    
Cash and cash equivalents   0
Fair Value, Measurements, Recurring | Money market funds | Significant Unobservable Inputs (Level 3)    
Financial assets and liabilities that are measured at fair value on recurring basis    
Cash and cash equivalents   0
Fair Value, Measurements, Recurring | Mutual funds    
Financial assets and liabilities that are measured at fair value on recurring basis    
Short-term investments 154,873,174 67,338,017
Fair Value, Measurements, Recurring | Mutual funds | Quoted Prices in Active Markets (Level 1)    
Financial assets and liabilities that are measured at fair value on recurring basis    
Short-term investments 154,873,174 67,338,017
Fair Value, Measurements, Recurring | Mutual funds | Significant Other Unobservable Inputs (Level 2)    
Financial assets and liabilities that are measured at fair value on recurring basis    
Short-term investments 0 0
Fair Value, Measurements, Recurring | Mutual funds | Significant Unobservable Inputs (Level 3)    
Financial assets and liabilities that are measured at fair value on recurring basis    
Short-term investments 0 $ 0
Fair Value, Measurements, Recurring | Certificates of deposit    
Financial assets and liabilities that are measured at fair value on recurring basis    
Short-term investments 3,016,260  
Fair Value, Measurements, Recurring | Certificates of deposit | Quoted Prices in Active Markets (Level 1)    
Financial assets and liabilities that are measured at fair value on recurring basis    
Short-term investments 0  
Fair Value, Measurements, Recurring | Certificates of deposit | Significant Other Unobservable Inputs (Level 2)    
Financial assets and liabilities that are measured at fair value on recurring basis    
Short-term investments 3,016,260  
Fair Value, Measurements, Recurring | Certificates of deposit | Significant Unobservable Inputs (Level 3)    
Financial assets and liabilities that are measured at fair value on recurring basis    
Short-term investments 0  
Fair Value, Measurements, Recurring | U.S. agency mortgage-backed securities    
Financial assets and liabilities that are measured at fair value on recurring basis    
Short-term investments 3,025,501  
Fair Value, Measurements, Recurring | U.S. agency mortgage-backed securities | Quoted Prices in Active Markets (Level 1)    
Financial assets and liabilities that are measured at fair value on recurring basis    
Short-term investments 0  
Fair Value, Measurements, Recurring | U.S. agency mortgage-backed securities | Significant Other Unobservable Inputs (Level 2)    
Financial assets and liabilities that are measured at fair value on recurring basis    
Short-term investments 3,025,501  
Fair Value, Measurements, Recurring | U.S. agency mortgage-backed securities | Significant Unobservable Inputs (Level 3)    
Financial assets and liabilities that are measured at fair value on recurring basis    
Short-term investments $ 0