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EARNINGS PER SHARE (Details) - USD ($)
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Numerator:    
Net income (loss) available to common shareholders $ (15,537,395) $ (24,102,700)
Denominator:    
Weighted-average common shares outstanding 30,520,820 28,181,096
Basic earnings per share (in USD per share) $ (0.51) $ (0.86)
Numerator:    
Net income (loss) available to common shareholders $ (15,537,395) $ (24,102,700)
Effect of dilutive securities    
Stock options and warrants 0 0
Preferred stock 0 0
Diluted weighted-average shares outstanding 30,520,820 28,181,096
Diluted earnings (loss) per share (in USD per share) $ (0.51) $ (0.86)