SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

6 Months Ended

Jun. 30, 2015

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Abstract]

Liabilities measured at fair value on recurring basis

Liabilities measured at fair value on a recurring basis are summarized as follows:

	Fair value measurement using inputs								Carrying amount
	Level 1		Level 2			Level 3			June 30, 2015			December 31, 2014
Financial instruments:
Derivative warrant liability	$	—		$	—		$	974		$	974		$	—

Activity for financial instruments at fair value using Level 3 inputs

The following table summarizes the activity for financial instruments at fair value using Level 3 inputs:

Balance at December 31, 2014	$	—
Issuance of warrants		1,590
Change in fair value recorded in earnings		(616	)
Balance at June 30, 2015	$	974