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NET LOSS PER SHARE OF COMMON STOCK - Computation of Basic and Diluted Loss Per Share (Details) (USD $)
3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
Earnings Per Share [Abstract]        
Net loss $ (27,155,197) $ (488,193) $ (49,459,277) $ (1,135,476)
Weighted average shares of common stock outstanding 17,752,371 4,091,027 10,798,432 3,858,687
Net loss per share of common stock – basic and diluted $ (1.53) $ (0.12) $ (4.58) $ (0.29)