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PREFERRED STOCK AND DETACHABLE WARRANTS (Details) - USD ($)
3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2016
Jun. 30, 2016
Mar. 31, 2016
Sep. 30, 2016
Sep. 30, 2015
Dec. 31, 2015
May 31, 2016
May 13, 2016
Jun. 24, 2015
Temporary Equity [Line Items]                  
Fair value of warrants issued with Series B and B-1 Preferred Stock       $ 2,867,264 $ 7,028,067        
Warrants Issued, Black Scholes Model, Value                 $ 7,028,067
Less: beneficial conversion feature                 5,682,741
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]                  
Balance at beginning of period $ 4,756,900 $ 3,534,924 $ 1,548,604 1,548,604 $ 0 $ 0      
Warrants issued June 24, 2015           7,028,067      
Change in valuation of warrants (1,065,217) (1,645,288) 1,986,320     (5,479,463)      
Balance at end of period 3,691,683 $ 4,756,900 $ 3,534,924 3,691,683   1,548,604      
Series B1 Preferred Stock                  
Temporary Equity [Line Items]                  
Face amount of Series B Preferred $ 19,349,745     $ 19,349,745       $ 19,349,745 19,349,756
Paid-in-Kind Dividends, Preferred Stock 187,534 97,875   145,123          
Less: May 2016 Warrant value $ 2,037,075     $ 2,037,075         2,867,264
Less: beneficial conversion feature               2,371,106  
Less: issuance costs and fees               607,880  
Less: unaccreted discount 5,583,341     5,583,341          
Carrying amount of preferred shares 13,911,527     13,911,527   0   13,503,495  
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]                  
Warrants issued June 24, 2015   $ 2,867,264              
Series B Preferred Stock                  
Temporary Equity [Line Items]                  
Face amount of Series B Preferred 25,000,000     25,000,000   25,000,000     25,000,000
Less: May 2016 Warrant value 1,654,608     1,654,608         7,028,067
Less: repurchase of 3,575,070 shares       11,189,838          
In-kind dividends paid       950,474          
Less: beneficial conversion feature                 5,737,796
Less: issuance costs and fees                 1,442,462
Less: unaccreted discount 6,542,037     6,542,037   13,044,793 $ 5,408,131    
Carrying amount of preferred shares 8,218,599     8,218,599   11,955,207     $ 10,791,675
Warrant                  
Temporary Equity [Line Items]                  
Liabilities at fair value (1,065,217)     (1,065,217)          
Warrant | Series B1 Preferred Stock                  
Temporary Equity [Line Items]                  
Liabilities at fair value               $ 2,867,264  
Warrant | Series B Preferred Stock                  
Temporary Equity [Line Items]                  
Liabilities at fair value $ 1,654,608     $ 1,654,608   $ 2,226,092