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STOCK OPTION PLANS (Tables)
12 Months Ended
Dec. 31, 2016
2015 Equity Incentive Plan [Member]  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Summarized information of stock options
Summarized information for the 2015 Equity Incentive Plan is as follows:
 
     
Options
  
Weighted-
average
exercise
price
 
Outstanding options at January 1, 2015
  
-
  
$
-
 
Granted, fair value of $5.18 per share
  
1,994,000
   
6.90
 
Outstanding options at December 31, 2015
  
1,994,000
   
6.90
 
Granted, fair value of $2.59 per share
  
2,622,500
   
3.29
 
Exercised
  
(151,000
)
  
2.32
 
Expired/forfeited
  
(22,500
)
  
3.23
 
Outstanding options at December 31, 2016
  
4,443,000
   
4.94
 
         
Exercisable at December 31, 2016
  
1,327,687
   
6.60
 
Information regarding options outstanding by range of exercise prices
Further information regarding options outstanding under the 2015 Equity Incentive Plan at December 31, 2015 is summarized below:

   
Number of
  
Weighted average
  
Number of
  Weighted average  
 
Range of exercise prices
  
options
outstanding
  
Remaining
life in years
  
Exercise
price
  
options
exercisable
  
Remaining
life in years
  
Exercise
price
 
                    
$
2.31 – 4.45
   
2,748,000
   
9.9
  
$
3.47
   
227,271
   
9.5
  
$
3.01
 
$
7.34
   
1,695,000
   
9.0
  
$
7.34
   
1,100,416
   
9.0
  
$
7.34
 
     
4,443,000
           
1,327,687
         
2005 Equity Incentive Plan [Member]  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Summarized information of stock options
Summarized information for the 2005 Equity Incentive Plan is as follows:
 
  
Options
  
Weighted-
average
exercise
price
 
       
Outstanding options at January 1, 2015
  
210,084
  
$
20.19
 
Granted, fair value of $4.52 per share
  
120,000
   
3.25
 
Outstanding options at December 31, 2015
  
330,084
   
13.49
 
Expired/forfeited
  
(1,524
)
  
36.93
 
Outstanding options at December 31, 2016
  
328,560
   
14.57
 
         
Exercisable at December 31, 2016
  
328,560
   
14.57
 
Information regarding options outstanding by range of exercise prices
Further information regarding options outstanding under the 2005 Equity Incentive Plan at December 31, 2015 is summarized below:

  
Number of
  
Weighted average
  
Number of
  
Weighted-average
 
 
Range of exercise prices
  
options
outstanding
  
Remaining
life in years
  
Exercise
price
  
options
exercisable
  
Remaining
life in years
  
Exercise
price
 
                    
$
3.25
   
120,000
   
4.0
  
$
3.25
   
120,000
   
4.0
  
$
3.25
 
$
11.50 - 18.50
   
200,000
   
7.6
  
$
18.33
   
200,000
   
7.6
  
$
18.33
 
$
30.50 – 150.00
   
8,560
   
4.0
  
$
85.41
   
8,560
   
4.0
  
$
85.41
 
    
328,560
           328,560