FAIR MARKET VALUE MEASUREMENTS (Details) - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Financial assets
Investment securities available for sale	$ 1,468,656	$ 4,976,000
Carrying value
Financial assets
Cash and cash equivalents	31,198,000	65,800,000
Investment securities available for sale	39,483,000	19,927,000
Fair value
Financial assets
Cash and cash equivalents	31,198,000	65,800,000
Investment securities available for sale	39,483,000	19,927,000
Level 1 | Fair value
Financial assets
Cash and cash equivalents	31,198,000	65,800,000
Investment securities available for sale	$ 39,483,000	$ 19,927,000