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PRIVATE PLACEMENT (Details Textual) - Private Placement Warrants [Member]
12 Months Ended
Dec. 31, 2015
USD ($)
$ / shares
shares
Class Of Warrant Or Right Exercise Price Of Warrants Or Rights Description Each Private Placement Warrant is exercisable to purchase one-half share of Common Stock at $5.75 per half share.
Class of Warrant or Right, Outstanding | shares 7,500,000
Class of Warrant or Right, Exercise Price of Warrants or Rights | $ / shares $ 0.50
Proceeds from Issuance of Warrants | $ $ 3,750,000