CASH AND CASH EQUIVALENTS (Tables)

6 Months Ended

Jun. 30, 2016

Cash and Cash Equivalents [Abstract]

Schedule of Cash and Cash Equivalents

	June 30, 2016		December 31, 2015
Money market funds	$	8,514,029	$	8,265,583
Checking and bank deposits		20,063,803		46,795,746
Total	$	28,577,832	$	55,061,329