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COMMON STOCK, PREFERRED STOCK AND WARRANTS WITH-DOWN ROUND PROTECTION (Changes in Fair Value of Level 3 Liability) (Details) - USD ($)
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
LIABILITIES, TEMPORARY EQUITY AND STOCKHOLDERS' DEFICIT    
Balance, Beginning of the year $ 2,057,618 $ 8,216,705
Classification from stockholders deficit 400,671
Exchange of Series A Warrants pursuant to the 'Most favored nation' provision $ (1,586,831)  
Change in fair value of Series A Warrants (149,092)  
Balance, End of year $ 321,695 $ 2,057,618