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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details 2) (USD $)
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Accounting Policies [Line Items]    
Deferred financing costs $ 2,143,550us-gaap_DeferredFinanceCostsGross $ 2,393,517us-gaap_DeferredFinanceCostsGross
Less: accumulated amortization (1,339,285)us-gaap_AccumulatedAmortizationDeferredFinanceCosts (1,050,808)us-gaap_AccumulatedAmortizationDeferredFinanceCosts
Net deferred financing costs 804,265us-gaap_DeferredFinanceCostsNet 1,342,709us-gaap_DeferredFinanceCostsNet
Amortization of deferred financing costs $ 493,283us-gaap_AmortizationOfFinancingCosts $ 485,684us-gaap_AmortizationOfFinancingCosts