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LOSS PER SHARE (Tables)

12 Months Ended

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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- References

No definition available.

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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

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