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COMMITMENTS AND CONTINGENCIES (Tables)
12 Months Ended
Dec. 31, 2015
COMMITMENTS AND CONTINGENCIES [Abstract]  
Schedule of Expected Future Lease Payouts
As of December 31, 2015, the future minimum lease payments under these agreements are as follows:

Year Ended
December 31,
 
Aggregate Minimum
Lease Payments
 
  
(in thousands)
 
2016
 
$
918
 
2017
  
934
 
2018
  
953
 
2019
  
981
 
2020
  
1,019
 
Thereafter
  
2,104
 
Total
 
$
6,909