ACCRUED EXPENSES AND OTHER LIABILITIES (Tables)

12 Months Ended

Dec. 31, 2016

Payables and Accruals [Abstract]

Schedule of accrued expenses and other liabilities

Accrued expenses and other liabilities consist of the following:

	December 31, 2016		December 31, 2015
Royalties payable	$	583,482	$	487,739
Accrued compensation		386,559		49,769
Commissions payable		79,480		15,900
Accrued interest payable		2,172,124		1,589,256
Other		220,663		105,360
Accrued expenses and other liabilities, net	$	3,442,308	$	2,248,024