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FAIR VALUE OF FINANCIAL INSTRUMENTS - (Schedule of Liabilities Measured at Fair Value on a Recurring Basis) (Details) - Fair Value, Measurements, Recurring [Member]
Dec. 31, 2015
USD ($)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]  
Derivative liability related to fair value of warrants $ 1,802,375
Total $ 1,802,375
Level 1 [Member]  
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]  
Derivative liability related to fair value of warrants
Total
Level 2 [Member]  
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]  
Derivative liability related to fair value of warrants
Total
Level 3 [Member]  
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]  
Derivative liability related to fair value of warrants $ 1,802,375
Total $ 1,802,375