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, 2014
Sep. 30, 2013
Feb. 20, 2014
Feb. 05, 2014
Class of Warrant or Right [Line Items]          
Class of Warrant or Right, Number of Securities Called by Warrants or Rights   6,604,096   275,000  
Class of Warrant or Right, Exercise Price of Warrants or Rights       $ 10.00 $ 20.00
Proceeds from Issuance or Sale of Equity $ 13,475,832        
Proceeds from (Repurchase of) Equity 11,877,143        
Payments of Stock Issuance Costs 1,598,689 518,822 0    
Underwriter [Member]
          
Class of Warrant or Right [Line Items]          
Warrants Not Settleable in Cash, Fair Value Disclosure 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 $ 172,444        
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] | 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        
Common Stock [Member] | August 2014 Debenture [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