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INCOME (LOSS) PER SHARE (Details) - USD ($)
 3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Income (loss) for the period $ (1,095,970) $ (769,571) $ (4,297,307) $ 3,755,438
Income attributable to participating securities (Preferred Stock) (701,171)
Income (loss) for the period attributable to common stockholders $ (1,185,807) $ (868,072) $ (4,619,975) $ 2,770,503
Number of shares:        
Common shares used in computing basic income (loss) per share 5,513,265 5,304,100 5,426,688 5,303,721
Common shares used in computing diluted income (loss) per share [1] 5,513,265 5,304,100 5,426,688 5,352,039
Total weighted average number of common shares related to outstanding convertible Preferred Stock, options and warrants excluded from the calculations of diluted income (loss) per share [2] 9,539,832 4,160,346 9,425,407 3,574,815
Series A Preferred Stock [Member]        
Dividend on Preferred Stock $ (5,325) $ (92,589) $ (52,361) $ (277,852)
Series B Preferred Stock [Member]        
Dividend on Preferred Stock $ (84,512) $ (5,912) $ (270,307) $ (5,912)
[1] In applying the treasury method, the average market price of Common Stock was based on management's estimate (see Note 2B, above).
[2] The Company excludes from the calculation of diluted income (loss) per share, shares that will be issued upon the exercise of options and warrants with exercise prices, that are greater than the estimated average market value of the Company's Common Stock and shares issuable upon conversion of Preferred Stock because their effect would be anti-dilutive.