FAIR VALUE (Details 3) - USD ($) |
3 Months Ended | 9 Months Ended | 12 Months Ended | ||
---|---|---|---|---|---|
Sep. 30, 2016 |
Sep. 30, 2015 |
Sep. 30, 2016 |
Sep. 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 or extinguishment | $ 177,912 | $ 233,649 | $ 3,201,004 | $ 526,024 | |
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 or extinguishment | (2,000,350) | (2,332,500) | |||
Ending balance - Fair value | $ 66,650 | $ 66,650 | $ 2,067,000 |