FAIR VALUE MEASUREMENTS (Tables)

12 Months Ended

Dec. 31, 2016

Fair Value Disclosures [Abstract]

Schedule of assets and liabilities measured at fair value on a recurring basis

The Company’s financial liabilities as of December 31 that are measured at fair value on a recurring basis were as follows:

	Level 1		Level 2		Level 3
2016
Derivative instruments (included in current liabilities)		—		—		18,056,631
2015
Derivative instruments (included in current liabilities)		—		—		25,445,645

Schedule of non-financial assets measured at fair value

The Company’s non-financial assets and liabilities that were measured at fair value during the years ended December 31 were as follows:

	Level 1		Level 2		Level 3
2016
Property and equipment:		—		100,339		—
Current assets		311,867		—		—
Accounts paybles and other current liabilities		914,218		—		—
Inventory		112,408		—		—
Intangible assets		—		—		2,401,208
Goodwill		—		—		6,569,354
2015
Property and equipment:		—		20,000		—
Current assets		295,655		—		—
Accounts paybles and other current liabilities		909,721		—		—
Intangible assets		—		—		1,287,868
Goodwill		—		—		166,689