FAIR VALUE (Details 1) - USD ($) |
3 Months Ended | 6 Months Ended | 12 Months Ended | ||
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Jun. 30, 2015 |
Jun. 30, 2014 |
Jun. 30, 2015 |
Jun. 30, 2014 |
Dec. 31, 2014 |
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Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] | |||||
Gain on derivatives resulting from change in fair value | $ 4,124 | $ 573,751 | $ 292,375 | $ 518,806 | |
Fair Value, Inputs, Level 3 [Member] | |||||
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] | |||||
Beginning balance - Fair value | 1,127,500 | $ 3,355,000 | $ 3,355,000 | ||
Gain on derivatives resulting from change in fair value | (192,500) | (2,227,500) | |||
Ending balance - Fair value | $ 935,000 | $ 935,000 | $ 1,127,500 |
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- Definition Represents the fair value of warrants classified as derivative liabilities, outstanding as of the balance date. No definition available.
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- Definition Amount of realized and unrealized gain (loss) of derivative instruments not designated or qualifying as hedging instruments. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
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- Details
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