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WARRANTS FOR COMMON STOCK (Roll-Forward of Warrant Liability from Initial Valuation) (Details) - USD ($)
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Class of Warrant or Right [Line Items]      
Warrant liability, Fair value $ 58,681 $ 2,898,296 $ 3,042,846
Reclassification of warrant liability to capital in excess of par   (2,810,000)  
Gain as a result of change in fair value   (29,615) (144,550)
Loss as a result of change in fair value 157,809    
Warrant liability, Fair value $ 216,490 $ 58,681 $ 2,898,296