FAIR VALUE MEASUREMENTS (Details) - Money Market Funds [Member] - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Assets at fair value on recurring basis	$ 973,470	$ 1,061,726
Fair Value, Inputs, Level 1 [Member]
Assets at fair value on recurring basis	$ 973,470	$ 1,061,726
Fair Value, Inputs, Level 2 [Member]
Assets at fair value on recurring basis
Fair Value, Inputs, Level 3 [Member]
Assets at fair value on recurring basis
Carrying Value [Member]
Assets at fair value on recurring basis	$ 973,470	$ 1,061,726