SEGMENT AND GEOGRAPHIC INFORMATION (Details) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Segment Reporting Information [Line Items]
Capitalized acquisition costs	$ 55,204,041	$ 55,204,041
Property and equipment	30,083	37,128
Current assets	6,685,712	13,763,531
Total assets	61,919,836	69,004,700
Net gain/(loss) for the period	(4,812,824)	(7,767,096)	$ (9,852,480)
CANADA
Segment Reporting Information [Line Items]
Capitalized acquisition costs	0	0
Property and equipment	9,563	10,477
Current assets	6,106,135	13,003,412
Total assets	6,115,698	13,013,889
Net gain/(loss) for the period	(702,851)	(1,936,065)	(4,216,835)
UNITED STATES
Segment Reporting Information [Line Items]
Capitalized acquisition costs	55,204,041	55,204,041
Property and equipment	20,520	26,651
Current assets	579,577	760,119
Total assets	55,804,138	55,990,811
Net gain/(loss) for the period	$ (4,109,973)	$ (5,831,031)	$ (5,635,645)