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Contingent Consideration (Tables)
3 Months Ended
Mar. 31, 2021
Business Combinations [Abstract]  
Summary of Fair Value of Contingent Consideration Below is a summary of the contingent consideration activity:

 

 

Three Months Ended March 31,

 

 

 

2021

 

 

2020

 

Beginning balance

 

$

5,390,000

 

 

$

2,750,000

 

Change in fair value

 

 

880,000

 

 

 

1,750,000

 

Ending balance

 

$

6,270,000

 

 

$

4,500,000