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LOSS PER SHARE (Details) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2017
Jun. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Earnings Per Share [Abstract]          
Loss for the period $ (2,584,740) $ (2,584,740) $ (1,454,744) $ (7,672,266) $ (4,270,506)
Cash dividend on Series A Preferred Stock   (12,529) (4,076) (19,243) (13,529)
Stock dividend on Series B Preferred Stock   (117,914) (194,950) (609,582) (449,051)
Stock dividend on Series C Preferred Stock   (93,751) (59,727) (370,325) (80,082)
Loss for the period attributable to common stockholders   $ (2,808,934) $ (1,713,497) $ (8,671,416) $ (4,813,168)
Number of shares:          
Common shares used in computing basic income (loss) per share   6,386,772 5,806,724 6,207,844 5,746,838
Common shares used in computing diluted income (loss) per share   6,386,772 5,806,724 6,207,844 5,746,838
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 [1]   23,378,950 13,915,740 20,304,950 12,125,368
[1] All outstanding convertible Preferred Stock, stock options and warrants have been excluded from the calculation of the diluted net loss per share for all the reported periods, because the effect of the common shares issuable as a result of the exercise or conversion of these instruments was determined to be anti-dilutive.