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STOCK-BASED COMPENSATION PLANS (Details 2)
 3 Months Ended
Mar. 31, 2017
$ / shares
shares
Summary of status of the Company's non-vested share awards  
Non-vested Shares Under Option at January 1, 2017 | shares 572,453
Non-vested Shares Under Option, Granted | shares 165,000
Non-vested Shares Under Option, Vested | shares (86,998)
Non-vested Shares Under Option, Forfeited | shares 0
Non-vested Under Option at March 31, 2017 | shares 650,455
Weighted Average Grant Date Fair Value at January 1, 2017 | $ / shares $ 0.27
Weighted Average Grant Date Fair Value, Granted | $ / shares 0.21
Weighted Average Grant Date Fair Value, Vested | $ / shares 0.17
Weighted Average Grant Date Fair Value, Forfeited | $ / shares 0
Weighted Average Grant Date Fair Value at March 31, 2017 | $ / shares $ 0.27