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STOCK-BASED COMPENSATION PLANS (Details 2)
 6 Months Ended
Jun. 30, 2016
$ / shares
shares
Summary of status of the Company's non-vested share awards  
Non-vested Shares Under Option at January 1, 2016 | shares 672,155
Non-vested Shares Under Option, granted | shares 754,000
Non-vested Shares Under Option, Vested | shares (456,504)
Non-vested Shares Under Option, Forfeited | shares (1,000)
Non-vested Shares Under Option at June 30, 2016 | shares 968,651
Weighted Average Grant Date Fair Value at January 1, 2016 | $ / shares $ 0.31
Weighted Average Grant Date Fair Value, Granted | $ / shares 0.27
Weighted Average Grant Date Fair Value, Vested | $ / shares 0.27
Weighted Average Grant Date Fair Value, Forfeited | $ / shares 0.43
Weighted Average Grant Date Fair Value at June 30, 2016 | $ / shares $ 0.30