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COMMON STOCK, PREFERRED STOCK AND WARRANTS WITH-DOWN ROUND PROTECTION (Offering) (Details) - USD ($)
 5 Months Ended 12 Months Ended
May 14, 2013
May 13, 2013
Mar. 13, 2013
Nov. 19, 2012
Dec. 31, 2014
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Apr. 08, 2016
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           $ 308,239   $ 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      
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                    
Common Stock [Member]                      
Temporary Equity [Line Items]                      
Stock dividend               $ 1      
Series C-1 Warrant [Member]                      
Temporary Equity [Line Items]                      
Warrants term           5 years          
Warrant exercise price           $ 4.50          
Series C-2 Warrant [Member]                      
Temporary Equity [Line Items]                      
Warrants term           5 years          
Warrant exercise price           $ 7.75          
Series C Preferred Stock [Member]                      
Temporary Equity [Line Items]                      
Stock issued, shares           5,829          
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        
2016 Offering [Member]                      
Temporary Equity [Line Items]                      
Number of shares covered by warrants           259,068          
Warrants term           5 years          
2016 Offering [Member] | Series C-1 Warrant [Member]                      
Temporary Equity [Line Items]                      
Warrant exercise price           $ 4.50          
2016 Offering [Member] | Series C-2 Warrant [Member]                      
Temporary Equity [Line Items]                      
Warrant exercise price           $ 7.75          
2016 Offering [Member] | Series C Preferred Stock [Member]                      
Temporary Equity [Line Items]                      
Net proceeds from issuance of Units           $ 5,000,000          
Gross proceeds from issuance of Units           $ 5,858,900          
Number of units sold           5,829          
Warrants term           5 years          
Total issuance costs           $ 1,187,447          
Non-cash compensation expense           $ 308,238          
2016 Offering [Member] | Series A Preferred Stock [Member]                      
Temporary Equity [Line Items]                      
Warrant exercise price                     $ 4.50
Conversion price per share of preferred stock                     4.50
2016 Offering [Member] | Series B Preferred Stock [Member]                      
Temporary Equity [Line Items]                      
Conversion price per share of preferred stock                     $ 4.50
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     6,300                
Proceeds from convertible preferred stock and warrants               $ 5,400,000      
Total issuance costs                   $ 1,479,864  
Non-cash compensation expense                   $ 562,805  
2012 Offering [Member] | Scenario, Plan [Member]                      
Temporary Equity [Line Items]                      
Stock issued, shares   1,295,535                  
2012 Offering [Member] | Common Stock [Member]                      
Temporary Equity [Line Items]                      
Stock issued, shares             92,136 654      
Stock dividend, shares               100,526      
2012 Offering [Member] | Series A Preferred Stock [Member]                      
Temporary Equity [Line Items]                      
Preferred stock conversion price     $ 5.80                
Shares convertible into     1,086,178                
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     5 years      
Proceeds from convertible preferred stock and warrants         $ 7,300,000            
Total issuance costs               $ 1,787,545      
Non-cash compensation expense               $ 630,936