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STOCK-BASED COMPENSATION (Details Narrative) - USD ($)
1 Months Ended 9 Months Ended 137 Months Ended
Jan. 18, 2007
Apr. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Jan. 02, 2016
Feb. 28, 2015
May 31, 2014
Dec. 31, 2013
Number of awards granted     1,317,500   5,600,000        
Average share price (in dollars per share)     $ 2.01   $ 1.00        
Fair value of shares granted         $ 1,100,000        
Unrecognized pre-tax non-cash compensation expense to non-vested option     $ 2,583,593   $ 2,583,593        
Period unrecognized pre-tax non-cash compensation expense to non-vested option     3 years            
Number of shares exercised     307,000   307,000        
Number of shares vested     4,400,000            
Minimum [Member]                  
Vesting period     2 years            
Maximum [Member]                  
Vesting period     3 years            
General And Administrative Expense [Member]                  
Non-cash compensation expense     $ 801,398 $ 1,157,959          
Stock Incentive Plan [Member]                  
Plan expiration term 10 years                
Number of shares authorized 2,500,000 5,100,000         4,600,000 4,250,000 3,500,000
Stock Incentive Plan 2015 [Member]                  
Number of shares authorized   5,147,000              
Description of plan   Provision for an annual increase of 15% of the issued shares under the plan to the shares included under the plan, with the shares to be added on the first day of each calendar year, beginning on January 1, 2016.              
Number of option available for grant           147,000