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PREFERRED DIVIDENDS (Details Narrative)
6 Months Ended 7 Months Ended 12 Months Ended
Dec. 31, 2015
Feb. 01, 2015
Jun. 30, 2015
Dividends on Preferred Shares, Rate   15.00% 18.00%
Cash Distribution [Member]      
Dividends on Preferred Shares, Rate 7.00%    
PIK Unit [Member]      
Dividends on Preferred Shares, Rate 9.00%