SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

9 Months Ended

Sep. 30, 2018

Accounting Policies [Abstract]

Schedule of carrying and estimated fair values of financial instruments

The carrying amounts and estimated fair values of long-term debt at September 30, 2018 and December 31, 2017 are as follows:

	September 30, 2018				December 31, 2017
	Carrying		Estimated		Carrying		Estimated
	Amount		Fair Value		Amount		Fair Value
Convertible promissory notes	$	9,478,718	$	—	$	8,461,795	$	—
Loan payable related party		787,733		—		3,019,923		—
	$	10,266,451	$	—	$	11,481,718	$	—