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COMMITMENTS (Tables)
9 Months Ended
Sep. 30, 2015
COMMITMENTS [Abstract]  
Future minimum annual rental payments and sub-lease income
The future minimum annual rental payments and sub-lease income for the years ended December 31 under the current lease terms are as follows:
 
Year Ended
 
Rentals
 
2015
 
$
52,626
 
2016
  
-
 
2017
  
-
 
2018
  
-
 
2019
  
-
 
  
$
52,626
 
Future minimum lease payments under the lease
The future minimum lease payments under the lease are as follows:
 
Year Ended
 
Lease Payments
 
2015
 
$
79,000
 
2016
  
189,600
 
2017
  
110,600
 
2018
  
-
 
2019
  
-
 
  
$
379,200