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Cash, Cash Equivalents, Short-Term Investments and Long-Term Investments (Tables)
3 Months Ended
Mar. 31, 2016
Cash, Cash Equivalents, Short-Term Investments and Long-Term Investments [Abstract]  
Schedule of cash, cash equivalents and short-term investments and long-term investments

 

  

As of

March 31,
2016

  

As of

December 31,
2015

  Increase 
Cash and cash equivalents $4,561,304  $1,573,328  $2,987,976 
Short-term investments  5,952,000   4,464,000   1,488,000 
Subtotal  10,513,304   6,037,328   4,475,976 
Long-term investments  487,000   487,000   0 
Total $11,000,304  $6,524,328  $4,475,976