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COMMON STOCK, PREFERRED STOCK AND WARRANTS WITH-DOWN ROUND PROTECTION (Schedule of Warrant Inputs) (Details) - $ / shares
 12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Common Stock [Member]    
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]    
Share price [1] $ 2.31 $ 2.31
Warrant [Member]    
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]    
Dividend yield
Expected volatility [2] 105.14% 105.14%
Risk free interest rate 0.99% 1.14%
Expected term of options [3] 2 years 2 months 12 days 3 years 2 months 12 days
Exercise price $ 5.80 $ 5.8
Fair value $ 0.84 $ 1.13
[1] The Common Stock price, per share reflects the Company's management's estimation of the fair value per share of Common Stock as of December 31, 2015 and 2014. In reaching its estimation for December 31, 2015 and 2014, management considered, among other things, a valuation prepared by a third-party valuation firm following the 2014 Offering.
[2] Due to the low trading volume of the Company's Common Stock, the expected volatility was based on the historical volatility of the share price of other public companies that operate in the same industry sector as the Company.
[3] Due to the fact that the Company does not have sufficient historical exercise data, the expected term was determined based on the "simplified method" in accordance with Staff Accounting Bulletin No. 110.