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COMMITMENTS AND CONTINGENT LIABILITIES (Tables)
12 Months Ended
Dec. 31, 2015
Commitments and Contingencies Disclosure [Abstract]  
Schedule of Future Minimum Rental Payments for Operating Leases [Table Text Block]
The following table reflects the future minimum lease payments under the operating lease as of December 31, 2015.
 
 
Year
 
Lease Obligation
 
 
 
 
 
 
2016
 
$
574,803
 
2017
 
 
547,235
 
2018
 
 
71,700
 
 
 
 
 
 
 
 
$
1,193,738