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INCOME TAXES (Details) - USD ($)
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Income Tax Disclosure [Abstract]    
Statutory tax on book income $ (1,344,000) $ (7,656,000)
Permanent differences 32,000 33,000
Net operating loss utilization 0 0
Change in valuation allowance (9,306,753) 13,114,000
Other 10,501,107 (185,000)
Income tax expense (benefit) $ (117,646) $ 5,306,000