Quarterly report pursuant to Section 13 or 15(d)

NATURE OF BUSINESS, ORGANIZATION AND GOING CONCERN (Details Textual)

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NATURE OF BUSINESS, ORGANIZATION AND GOING CONCERN (Details Textual) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Dec. 31, 2015
Net Income (Loss) Attributable to Parent, Total $ 2,132,903 $ 2,286,550 $ 1,308,340 $ 4,587,706  
Certificates of Deposit, at Carrying Value $ 55,000   $ 55,000   $ 55,000
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range, Number of Exercisable Options 533,065   533,065   747,592