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CO-DEVELOPMENT AND LICENSE AGREEMENT - Additional Information (Details) - USD ($)
$ / shares in Units, shares in Millions
3 Months Ended 9 Months Ended
Aug. 29, 2017
Jul. 06, 2016
Jul. 07, 2014
Feb. 13, 2014
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Dec. 31, 2016
Co-development and license agreement                  
Deferred revenue         $ 41,175,600   $ 41,175,600    
Research and development expense         8,956,468 $ 5,852,121 23,714,932 $ 13,941,283  
Aggregate purchase price             389    
Seltorexant | Co-Development and License Agreement | Phase 1b Clinical Trials | Maximum                  
Co-development and license agreement                  
Share of aggregate development cost following completion of Phase 1b clinical trials and animal toxicology studies       $ 5,000,000          
Seltorexant | Co-Development and License Agreement | Phase 2 Clinical Trials | Maximum                  
Co-development and license agreement                  
Share of aggregate development cost following completion of Phase 1b clinical trials and animal toxicology studies       $ 24,000,000          
Janssen | Phase 3 Insomnia Trail                  
Co-development and license agreement                  
Milestone method payments             $ 40,000,000    
Percentage of milestone payment on development cost             40.00%    
Janssen | Seltorexant | Co-Development and License Agreement                  
Co-development and license agreement                  
Payment of license fee     $ 22,000,000            
Percentage of development costs related to joint development of products       40.00%          
Accrued collaborative expenses         0   $ 0   $ 2,500,000
Payment of development costs   $ 3,500,000         2,500,000 0  
Direct expenses incurred   $ 300,000              
Research and development expense         4,500,000 $ 3,500,000 11,200,000 $ 3,500,000  
Janssen | Seltorexant | Amendment to Co-Development and License Agreement                  
Co-development and license agreement                  
Upfront payment $ 30,000,000                
Deferred revenue         41,200,000   $ 41,200,000    
Accrued collaborative expenses 11,200,000                
Revenue recognition, milestone method, factors             The $30 million payment and $11.2 million in previously accrued collaborative expenses, which were forgiven upon the effective date of the agreement, will be earned and recognized as revenue as the services are performed from the commencement of Phase 3 development to the completion of the development activities using the proportional performance method.    
Janssen | Seltorexant | Amendment to Co-Development and License Agreement | Upfront Payment                  
Co-development and license agreement                  
Deferred revenue         30,000,000   $ 30,000,000    
Janssen | Seltorexant | Amendment to Co-Development and License Agreement | Previously Accrued Collaborative Expenses                  
Co-development and license agreement                  
Deferred revenue         11,200,000   11,200,000    
Janssen | Seltorexant | Amendment to Co-Development and License Agreement | Phase 3 Insomnia Trail                  
Co-development and license agreement                  
Accrued collaborative expenses 11,200,000                
Payment start of Phase 20,000,000                
Payment upon enrollment of patients $ 20,000,000                
Percentage of patients to be enrolled 50.00%                
Janssen | Seltorexant | Amendment to Co-Development and License Agreement | Phase 3 Insomnia Trail | Upfront Payment                  
Co-development and license agreement                  
Deferred revenue         30,000,000   30,000,000    
Janssen | Seltorexant | Amendment to Co-Development and License Agreement | Phase 3 Insomnia Trail | Previously Accrued Collaborative Expenses                  
Co-development and license agreement                  
Deferred revenue         $ 11,200,000   $ 11,200,000    
Johnson & Johnson Innovation-JJDC Inc                  
Co-development and license agreement                  
Stock repurchased 3.9                
Stock repurchased price per share $ 0.0001                
Aggregate purchase price $ 389