Quarterly report pursuant to Section 13 or 15(d)

FAIR VALUE OF FINANCIAL INSTRUMENTS (Details)

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FAIR VALUE OF FINANCIAL INSTRUMENTS (Details) - Fair Value, Output, Level 3 [Member]
6 Months Ended
Jun. 30, 2015
USD ($)
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]  
Balance - January 1, 2015 $ 2,626,323
Change in fair value (782,936)
Balance - June 30, 2015 $ 1,843,387