Quarterly report pursuant to Section 13 or 15(d)

FAIR VALUE OF FINANCIAL INSTRUMENTS (Tables)

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FAIR VALUE OF FINANCIAL INSTRUMENTS (Tables)
6 Months Ended
Jun. 30, 2015
Fair Value Disclosures [Abstract]  
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]
The following table provides a reconciliation of the beginning and ending balances for the contingent consideration measured at fair value using significant unobservable inputs (Level 3):
 
Financial instruments measured at fair value on a recurring basis:
 
 
 
Fair Value Measurement at
Reporting Date Using
Significant Unobservable
Outputs, Level 3
 
Balance - January 1, 2015
 
$
2,626,323
 
Change in fair value
 
 
(782,936)
 
Balance - June 30, 2015
 
$
1,843,387