COMMITMENTS AND CONTINGENCIES (Tables)

3 Months Ended

Mar. 31, 2015

COMMITMENTS AND CONTINGENCIES [Abstract]

Future minimum payments under operating lease

As of March 31, 2015, the Company’s future minimum payments under the operating leases were as follows:

2015	$	417,615
2016		569,138
2017		584,789
2018		600,871
2019		617,395
Thereafter		1,176,330
Total	$	3,966,138