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LOSS PER SHARE (Details) - USD ($)
 12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 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 (in shares) 10,422,765 5,862,647 5,510,076
Loss per share - Basic (in dollars per share) $ (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 (in shares) 10,422,765 5,862,647 5,510,076
Options and warrants (in shares) 6,186 33,887 87,093
Weighted shares outstanding - Diluted (in shares) 10,428,951 5,896,534 5,597,169
Loss per share - Diluted (in dollars per share) $ (0.97) $ (1.73) $ (4.34)