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COMMON STOCK, PREFERRED STOCK AND WARRANTS WITH-DOWN ROUND PROTECTION (Offering) (Details) - USD ($) |  |  |  |  |  | 5 Months Ended | 12 Months Ended
--- | --- | --- | --- | --- | --- | --- | ---
Sep. 30, 2013 | May. 14, 2013 | May. 13, 2013 | Mar. 13, 2013 | Nov. 19, 2012 | Dec. 31, 2014 | Dec. 31, 2015 | Dec. 31, 2014 | Dec. 31, 2013 | Dec. 31, 2012
Temporary Equity [Line Items] |  |  |  |  |  |  |  |  |  |
Proceeds from convertible preferred stock and warrants |  |  |  |  |  | $ 7,300,000 |  |  | $ 5,300,000 |
Stock price at which stock dividend is declared |  |  |  |  |  | $ 5.80 |  | $ 5.80 |  |
Stock dividend |  |  |  |  |  |  |  |  |  |
Non-cash compensation expense |  |  |  |  |  |  |  | $ 630,936 |  |
Non-cash charge recorded to finance expense as result of warrant exchange |  |  |  |  |  |  | $ 1,284,354 |  |  |
Warrant [Member] |  |  |  |  |  |  |  |  |  |
Temporary Equity [Line Items] |  |  |  |  |  |  |  |  |  |
Number of warrants exchanged |  |  |  |  |  |  | (1,440,880) |  |  |
Series B-1 Warrant [Member] |  |  |  |  |  |  |  |  |  |
Temporary Equity [Line Items] |  |  |  |  |  |  |  |  |  |
Warrants term |  |  |  |  |  |  |  | 5 years |  |
Warrant exercise price |  |  |  |  |  | 5.80 |  | $ 5.80 |  |
Number of warrants exchanged |  |  |  |  |  |  | 1,200,710 |  |  |
Series B-2 Warrant [Member] |  |  |  |  |  |  |  |  |  |
Temporary Equity [Line Items] |  |  |  |  |  |  |  |  |  |
Warrants term |  |  |  |  |  |  |  | 5 years |  |
Warrant exercise price |  |  |  |  |  | $ 10.00 |  | $ 10.00 |  |
Number of warrants exchanged |  |  |  |  |  |  | 1,200,710 |  |  |
Warrants Issued under Securities Purchase Agreement [Member] |  |  |  |  |  |  |  |  |  |
Temporary Equity [Line Items] |  |  |  |  |  |  |  |  |  |
Number of shares covered by warrants |  |  |  |  |  | 1,086,178 |  | 1,086,178 |  |
Warrant exercise price |  |  |  |  |  | $ 6.96 |  | $ 6.96 |  |
Warrants Issued under Second Closing of Securities Purchase Agreement [Member] |  |  |  |  |  |  |  |  |  |
Temporary Equity [Line Items] |  |  |  |  |  |  |  |  |  |
Number of shares covered by warrants |  |  |  |  |  | 196,597 |  | 196,597 |  |
Series A Preferred Stock [Member] |  |  |  |  |  |  |  |  |  |
Temporary Equity [Line Items] |  |  |  |  |  |  |  |  |  |
Number of Series A Preferred Stock shares exchanged for Series B Preferred Stock shares |  |  |  |  |  |  | (6,931) |  |  |
Series B Preferred Stock [Member] |  |  |  |  |  |  |  |  |  |
Temporary Equity [Line Items] |  |  |  |  |  |  |  |  |  |
Number of Series A Preferred Stock shares exchanged for Series B Preferred Stock shares |  |  |  |  |  |  | 6,931 |  |  |
Scenario, Plan [Member] |  |  |  |  |  |  |  |  |  |
Temporary Equity [Line Items] |  |  |  |  |  |  |  |  |  |
Stock issued, shares |  | 2,824,471 |  |  |  |  |  |  |  |
Shares convertible into |  | 1,284,925 |  |  |  |  |  |  |  |
Number of shares covered by warrants |  | 1,539,546 |  |  |  |  |  |  |  |
2012 Offering [Member] |  |  |  |  |  |  |  |  |  |
Temporary Equity [Line Items] |  |  |  |  |  |  |  |  |  |
Stock issued, shares |  |  |  |  | 165,057 |  |  |  |  |
Common stock issued, price per share |  |  |  |  | $ 7.00 |  |  |  |  |
Amount of issuance |  |  |  |  | $ 1,155,399 |  |  |  |  |
Number of shares offered |  |  |  |  | 785,714 |  |  |  |  |
Number of units sold |  |  | 1,140.35 | 6,300 |  |  |  |  |  |
Proceeds from convertible preferred stock and warrants |  |  |  |  |  |  |  | $ 5,400,000 |  |
Cancellation of shares, shares |  |  | 162,907 |  |  |  |  |  |  |
Value of temporary equity reclassified |  |  | $ 1,140,349 |  |  |  |  |  |  |
Total issuance costs |  |  |  |  |  |  |  |  |  | $ 1,479,864
Non-cash compensation expense |  |  |  |  |  |  |  |  |  | $ 562,805
2012 Offering [Member] | Series A Preferred Stock [Member] |  |  |  |  |  |  |  |  |  |
Temporary Equity [Line Items] |  |  |  |  |  |  |  |  |  |
Preferred stock conversion price |  |  |  | $ 5.80 |  |  |  |  |  |
Shares convertible into |  |  | 196,597 | 1,086,178 |  |  |  |  |  |
2012 Offering [Member] | Scenario, Plan [Member] |  |  |  |  |  |  |  |  |  |
Temporary Equity [Line Items] |  |  |  |  |  |  |  |  |  |
Stock issued, shares |  |  | 1,295,535 |  |  |  |  |  |  |
2014 Offering [Member] |  |  |  |  |  |  |  |  |  |
Temporary Equity [Line Items] |  |  |  |  |  |  |  |  |  |
Gross proceeds from issuance of Units |  |  |  |  |  | $ 8,500,000 |  |  |  |
Number of units sold |  |  |  |  |  | 8,500 |  |  |  |
Warrants term |  |  |  |  |  | 5 years |  |  |  |
Proceeds from convertible preferred stock and warrants |  |  |  |  |  | $ 7,300,000 |  |  |  |
Total issuance costs |  |  |  |  |  |  |  | 1,787,545 |  |
Non-cash compensation expense |  |  |  |  |  |  |  | $ 630,936 |  |
Accumulated deficit [Member] |  |  |  |  |  |  |  |  |  |
Temporary Equity [Line Items] |  |  |  |  |  |  |  |  |  |
Stock dividend | $ 278,263 |  |  |  |  |  |  |  | $ 278,263 |
Common Stock [Member] |  |  |  |  |  |  |  |  |  |
Temporary Equity [Line Items] |  |  |  |  |  |  |  |  |  |
Stock issued, shares |  |  |  |  |  |  |  |  |  | 165,057
Stock dividend |  |  |  |  |  |  | $ (92) | $ (1) |  |
Common Stock [Member] | 2012 Offering [Member] |  |  |  |  |  |  |  |  |  |
Temporary Equity [Line Items] |  |  |  |  |  |  |  |  |  |
Stock issued, shares |  |  |  |  |  |  | 92,136 | 654 |  |
Stock dividend, shares |  |  |  |  |  |  |  | 100,526 |  |

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