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COMMITMENTS (Details Textual) - USD ($)
1 Months Ended 10 Months Ended
Feb. 28, 2015
Dec. 31, 2015
Operating Leases, Rent Expense $ 16,400,000 $ 0
Fifth Avenue, New York [Member]    
Operating Leases, Rent Expense $ 10,000 225,000
Operating Leases, Future Minimum Payments, Due in Two Years   $ 500,000