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FAIR VALUE MEASUREMENTS (Tables)
12 Months Ended
Dec. 31, 2015
Fair Value Measurements Tables  
Assets and liabilities measured at fair value on a recurring basis

The following tables provide information on those assets measured at fair value on a recurring basis as of December 31 2015 and December 31, 2014, respectively:

 

   

Carrying

Amount In

Balance Sheet
December 31,

    Fair Value
December 31,
    Fair Value Measurement Using  
    2015     2015     Level 1     Level 2     Level 3  
Assets:                              
Money Market Funds   $ 973,470     $ 973,470     $ 973,470     $     $  
                                         

 

   

Carrying

Amount In

Balance Sheet
December 31,

    Fair Value
December 31,
    Fair Value Measurement Using  
    2014     2014     Level 1     Level 2     Level 3  
Assets:                              
Money Market Funds   $ 1,061,726     $ 1,061,726     $ 1,061,726     $     $