CASH AND CASH EQUIVALENTS (Details) - USD ($)	Sep. 30, 2016	Dec. 31, 2015	Sep. 30, 2015	Dec. 31, 2014
Cash and Cash Equivalents [Abstract]
Money market funds	$ 24,316,496	$ 8,265,583
Checking and bank deposits	4,840,025	46,795,746
Total	$ 29,156,521	$ 55,061,329	$ 65,461,940	$ 55,713,784