COMMITMENTS AND CONTINGENCIES (Tables)

12 Months Ended

Dec. 31, 2016

Commitments and Contingencies Disclosure [Abstract]

Schedule of Future Minimum Rental Payments for Operating Leases

As of December 31, 2016, the Company was obligated under non-cancellable operating leases for minimum rentals as follows:

 

For the Twelve Months Ending December 31,
2017	$	351,171
2018		351,171
2019		351,171
2020		351,171
2021 and thereafter		348,610
	$	1,753,294