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LOSS PER SHARE (Tables) | 12 Months Ended
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Dec. 31, 2016
Earnings Per Share [Abstract] |
Schedule of Earnings Per Share Reconciliation [Table Text Block] | The following is a reconciliation of the basic and diluted loss per share computation for the years ended December 31, 2016, 2015, and 2014:
|  | Year ended |
|  | December 31, |
|  | 2016 |  | 2015 |  | 2014 |
Basic loss per share |  |  |  |  |  |  |  |  |  |
Net loss available to the company’s common shareholders |  | $ | (10,121,775) |  | $ | (10,223,130) |  | $ | (24,298,114) |
Weighted average shares outstanding - Basic |  |  | 10,422,765 |  |  | 5,862,647 |  |  | 5,510,076 |
Loss per share - Basic |  | $ | (0.97) |  | $ | (1.74) |  | $ | (4.41) |
Diluted loss per share |  |  |  |  |  |  |  |  |  |
Net loss available to the company’s common shareholders |  | $ | (10,121,775) |  | $ | (10,223,130) |  | $ | (24,298,114) |
Weighted average shares outstanding - Basic |  |  | 10,422,765 |  |  | 5,862,647 |  |  | 5,510,076 |
Options and warrants |  |  | 6,186 |  |  | 33,887 |  |  | 87,093 |
Weighted shares outstanding - Diluted |  |  | 10,428,951 |  |  | 5,896,534 |  |  | 5,597,169 |
Loss per share - Diluted |  | $ | (0.97) |  | $ | (1.73) |  | $ | (4.34) |

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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details
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