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COMMITMENTS AND CONTINGENCIES (Detail Textuals 3) - USD ($) |  | 6 Months Ended |
--- | --- | --- | ---
Dec. 02, 2014 | Jun. 30, 2015 | Dec. 31, 2014
Commitments And Contingencies [Line Items] |  |  |
Initial period |  | 24 months |
Additional cash bonus earned as Clinical Trial and Fundraising Bonus or a License Event Bonus |  | 10.00% |
Number of options granted |  | 103,025 |
Exercise price of fully vested options (in dollars per share) |  | $ 4.563 |
Number of options outstanding |  | 1,890,824 | 1,788,717
Exercise price per share of options |  | $ 7.062 | $ 7.059
Minimum |  |  |
Commitments And Contingencies [Line Items] |  |  |
Annual excess milestone payments |  | $ 2,000,000 |
Executive Options | Andrew Ritter and Ira Ritter |  |  |
Commitments And Contingencies [Line Items] |  |  |
Number of fully vested options | 20,979 |  |
Exercise price of fully vested options (in dollars per share) | $ 5.86 |  |
Number of options outstanding | 432,434 |  |
Vesting percentage of option | 25.00% |  |
Options vesting period | 36 months |  |
Executive Options | Andrew Ritter and Ira Ritter | Share-based Compensation Award, Tranche One |  |  |
Commitments And Contingencies [Line Items] |  |  |
Number of fully vested options | 152,347 |  |
Exercise price of fully vested options (in dollars per share) | $ 5.86 |  |
Executive Options | Andrew Ritter and Ira Ritter | Share-based Compensation Award, Tranche Two |  |  |
Commitments And Contingencies [Line Items] |  |  |
Number of fully vested options | 140,044 |  |
Exercise price of fully vested options (in dollars per share) | $ 9.30 |  |
Executive Options | Andrew Ritter and Ira Ritter | Share-based Compensation Award, Tranche Three |  |  |
Commitments And Contingencies [Line Items] |  |  |
Exercise price of fully vested options (in dollars per share) | $ 13.23 |  |
Executive Options | Non-employee directors | Three years vesting period |  |  |
Commitments And Contingencies [Line Items] |  |  |
Number of options granted | 1,398 |  |
Options vesting period | 3 years |  |
Executive Options | Non-employee directors | One year vesting period |  |  |
Commitments And Contingencies [Line Items] |  |  |
Number of options granted | 979 |  |
Options vesting period | 1 year |  |
Executive Options | Andrew Ritter |  |  |
Commitments And Contingencies [Line Items] |  |  |
Number of options granted | 453,413 |  |
Executive Options | Ira Ritter |  |  |
Commitments And Contingencies [Line Items] |  |  |
Number of options granted | 453,413 |  |

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