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WARRANT LIABILITY (Details) - $ / shares
9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Mar. 11, 2014
Product Warranty Liability [Line Items]      
Number of shares underlying the warrants 736,000 736,000 816,000
Exercise price $ 7.81 $ 7.81  
Volatility 68.70% 72.30%  
Risk-free interest rate 0.82% 1.02%  
Expected dividend yield 0.00% 0.00%  
Expected warrant life (years) 2 years 5 months 8 days 3 years 5 months 8 days  
Stock Price $ 6.4 $ 6.41 $ 6.00