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16. FAIR VALUE MEASUREMENTS (Details - Significant Assumptions and Fair Value) - USD ($) | 12 Months Ended
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Dec. 31, 2015 | Dec. 31, 2014
Significant assumptions used in the valuations |  |
Fair value (in dollars) | $ 273,000 | $ 1,986,000
Original issuance 7/3/2012 |  |
Significant assumptions used in the valuations |  |
Exercise price | $ 6.09 | $ 6.09
Volatility | 49.10% | 56.10%
Risk free interest rate | 0.86% | 0.89%
Term (years) | 1 year 6 months 4 days | 2 years 6 months 4 days
Market Discount | 22.90% | 32.80%
Warrants Outstanding | 211,000 | 211,000
Fair value (in dollars) | $ 200,000 | $ 811,000
Original issuance 12/13/2011 |  |
Significant assumptions used in the valuations |  |
Exercise price | $ 8.43 | $ 8.43
Volatility | 48.40% | 54.30%
Risk free interest rate | 0.65% | 0.67%
Term (years) | 11 months 12 days | 1 year 11 months 12 days
Market Discount | 18.30% | 28.70%
Warrants Outstanding | 138,000 | 138,000
Fair value (in dollars) | $ 73,000 | $ 427,000
Original Issuance 09/26/2012 |  |
Significant assumptions used in the valuations |  |
Exercise price |  | $ 8.85
Volatility |  | 51.00%
Risk free interest rate |  | 0.19%
Term (years) |  | 8 months 26 days
Market Discount |  | 37.00%
Warrants Outstanding |  | 473,000
Fair value (in dollars) |  | $ 748,000

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- Definition Agreed upon price for the exchange of the underlying asset. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=36462937&loc=d3e19207-110258 + Details
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