INVESTMENTS AND FAIR VALUE OF FINANCIAL INSTRUMENTS (Details Textual) - USD ($)  | 
12 Months Ended | |
|---|---|---|
Dec. 31, 2015  | 
Dec. 31, 2014  | 
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| Warrant [Member] | ||
| Investments in and Advances to Affiliates [Line Items] | ||
| Allocated Share-based Compensation Expense | $ 44,800 | $ 0 | 
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- Definition Represents the expense recognized during the period arising from equity-based compensation arrangements (for example, shares of stock, unit, stock options or other equity instruments) with employees, directors and certain consultants qualifying for treatment as employees. Reference 1: http://www.xbrl.org/2003/role/presentationRef 
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- 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. 
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- Details 
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