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CASH AND CASH EQUIVALENTS (Tables)
12 Months Ended
Dec. 31, 2013
Cash and Cash Equivalents [Abstract]  
Schedule of Cash and Cash Equivalents [Table Text Block]
 
 
December 31, 2013
 
December 31, 2012
 
 
 
 
 
 
 
 
 
Money market funds
 
$
554,069
 
$
500,007
 
Checking and bank deposits
 
 
39,931,397
 
 
15,955,988
 
Total
 
$
40,485,466
 
$
16,455,995