FAIR VALUE (Details 3) - USD ($) |
3 Months Ended | 6 Months Ended | 12 Months Ended | ||
|---|---|---|---|---|---|
Jun. 30, 2016 |
Jun. 30, 2015 |
Jun. 30, 2016 |
Jun. 30, 2015 |
Dec. 31, 2015 |
|
| Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] | |||||
| Gain on derivatives resulting from change in fair value | $ 198,370 | $ 4,124 | $ 3,023,092 | $ 292,375 | |
| Fair Value, Inputs, Level 3 [Member] | |||||
| Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] | |||||
| Beginning balance - Fair value | 2,067,000 | $ 1,127,500 | $ 1,127,500 | ||
| Fair value of warrants issued in connection with the October 2015 offering | 0 | 3,272,000 | |||
| Gain on derivatives resulting from change in fair value | (587,000) | (2,332,500) | |||
| Reclassification to equity for warrants that are no longer derivative instruments | (1,392,000) | 0 | |||
| Ending balance - Fair value | $ 88,000 | $ 88,000 | $ 2,067,000 | ||
| X | ||||||||||
- Definition Represents the fair value of warrants classified as derivative liabilities, outstanding as of the balance date. No definition available.
|
| X | ||||||||||
- Definition Represents the amount of fair value of warrants issued in connection with October 2015 offering. No definition available.
|
| X | ||||||||||
- 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
|
| X | ||||||||||
- Definition The amount of the liability for the conversion option reclassified to stockholders' equity when the embedded option no longer required separation from the host instrument. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- 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.
|
| X | ||||||||||
- Details
|