Quarterly report pursuant to Section 13 or 15(d)

STOCKHOLDERS' EQUITY (Details Textual)

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STOCKHOLDERS' EQUITY (Details Textual) - USD ($)
 1 Months Ended 9 Months Ended
Aug. 20, 2014
Sep. 30, 2015
Sep. 30, 2014
Class of Warrant or Right [Line Items]      
Class of Warrant or Right, Number of Securities Called by Warrants or Rights   6,597,483  
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 $ 0 $ 518,822
Warrants Exercise Price $ 0.01    
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%    
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