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Selected Quarterly Financial Data (Unaudited) (Tables)
12 Months Ended
Dec. 31, 2015
Quarterly Financial Information Disclosure [Abstract]  
Summary of Quarterly Financial Data

The following are selected quarterly financial data for the years ended December 31, 2015 and 2014:

 

     Quarter Ended  
     March 31,
2015
    June 30,
2015
    September 30,
2015
    December 31,
2015
 

Revenues

   $ 1,658,332      $ 2,082,504      $ 2,044,967      $ 2,092,604   

Loss from operations

     (31,021,549     (7,369,416     (4,843,743     (13,246,160

Net loss

     (31,848,223     (8,128,693     (5,543,124     (13,460,990

Net loss per common share (basic and diluted)

   $ (0.30   $ (0.06   $ (0.04   $ (0.10

Weighted average common shares (basic and diluted)

     107,934,493        128,351,482        128,392,413        128,501,098   

 

     Quarter Ended  
     March 31,
2014
    June 30,
2014
    September 30,
2014
    December 31,
2014
 

Revenues

   $ 1,284,633      $ 4,801,285      $ 1,764,864      $ 1,992,699   

Loss from operations

     (4,753,343     (1,544,787     (4,753,031     (4,811,088

Net loss

     (5,563,936     (1,895,785     (5,580,143     (5,688,870

Net loss per common share (basic and diluted)

   $ (0.06   $ (0.02   $ (0.06   $ (0.07

Weighted average common shares (basic and diluted)

     85,917,592        85,963,836        86,004,857        86,010,499