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FAIR VALUE MEASUREMENTS (Details Textual) (USD $)
1 Months Ended
Sep. 30, 2014
Dec. 31, 2013
Dec. 31, 2011
Mar. 31, 2010
Manhattan and Ariston Pharmaceuticals Merger [Member]
Fair Value Measurement [Line Items]        
Notes Issued       $ 15,452,793
Debt Instrument, Interest Rate, Effective Percentage 5.00% 5.00%   5.00%
Debt Instrument, Convertible, Conversion Price       $ 1,125
Percentage Of Cash Proceeds From Operation To Repay Convertible Debt       50.00%
Long-term Debt, Gross 19,310,000 18,614,000 16,876,000  
Debt Instrument, Fair Value Disclosure     $ 3,287,700  
Debt Instrument, Term       5 years