Quarterly report pursuant to Section 13 or 15(d)

STOCKHOLDERS' EQUITY (Details Textual)

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STOCKHOLDERS' EQUITY (Details Textual) - Range [Domain] - Sale of Stock, Name of Transaction [Domain] - USD ($)
 1 Months Ended
Aug. 20, 2014
Jun. 30, 2015
Class of Warrant or Right [Line Items]    
Class of Warrant or Right, Number of Securities Called by Warrants or Rights   6,604,096
Proceeds from Issuance or Sale of Equity $ 13,475,832  
Proceeds from (Repurchase of) Equity 11,877,143  
Payments of Stock Issuance Costs $ 1,598,689  
Underwriter [Member]    
Class of Warrant or Right [Line Items]    
Class of Warrant or Right, Number of Securities Called by Warrants or Rights 96,988  
Class of Warrant or Right, Exercise Price of Warrants or Rights $ 4.6875  
Warrants and Rights Outstanding $ 275,000  
August 2014 Debenture [Member]    
Class of Warrant or Right [Line Items]    
Share Price $ 3.76  
Debt Instrument, Face Amount $ 4,000,000  
Interest Payable $ 172,435  
Debt Instrument, Interest Rate, Stated Percentage 8.00%  
Warrant [Member]    
Class of Warrant or Right [Line Items]    
Share Price $ 0.01  
Common Stock [Member]    
Class of Warrant or Right [Line Items]    
Stock Issued During Period, Shares, New Issues 3,583,333  
Class of Warrant or Right, Number of Securities Called by Warrants or Rights 3,833,333  
Class of Warrant or Right, Exercise Price of Warrants or Rights $ 4.68  
Share Price $ 3.75  
Share-based Compensation Arrangement by Share-based Payment Award, Discount from Market Price, Offering Date 6.40%  
Common Stock [Member] | August 2014 Underwritten Offering [Member]    
Class of Warrant or Right [Line Items]    
Class of Warrant or Right, Number of Securities Called by Warrants or Rights 1,109,690  
Class of Warrant or Right, Exercise Price of Warrants or Rights $ 4.68  
Debt Conversion, Converted Instrument, Shares Issued 1,109,690