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ACCRUED EXPENSES AND OTHER LIABILITIES (Tables)
12 Months Ended
Dec. 31, 2015
Payables and Accruals [Abstract]  
Schedule of Accrued Expenses and Other Liabilities

Accrued expenses and other liabilities consist of the following:

 

    December 31,
2015
    December 31,
2014
 
Royalties payable   $ 487,739     $ 314,787  
Accrued compensation     49,769       23,573  
Commissions payable     15,900       15,900  
Accrued interest payable     1,589,256       987,659  
Other     205,360       248,263  
Accrued expenses and other liabilities, net   $ 2,248,024     $ 1,590,182