ACCRUED EXPENSES AND OTHER LIABILITIES (Tables)

12 Months Ended

Dec. 31, 2014

Payables and Accruals [Abstract]

Schedule of Accrued Expenses and Other Liabilities

Accrued expenses and other liabilities consist of the following:

	December 31,  2014		December 31,  2013
Royalties payable	$	314,787	$	127,708
Accrued audit fee		-		82,141
Commissions payable		15,900		21,975
Accrued interest payable		987,659		216,518
Other		271,836		134,645
Accrued expenses and other liabilities, net	$	1,590,182	$	582,987