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COMMITMENTS, CONTINGENCIES AND OTHER MATTERS (Tables)
12 Months Ended
Dec. 31, 2015
Commitments and Contingencies Disclosure [Abstract]  
Schedule of Future Minimum Rental Payments for Operating Leases [Table Text Block]
At December 31, 2015, the future minimum rental payments under these operating leases are as follows:
 
2016
 
$
32,000
 
2017
 
 
32,000
 
 
 
 
 
 
 
 
$
64,000