RESTRUCTURING COSTS (Tables)

12 Months Ended

Dec. 31, 2015

RESTRUCTURING COSTS [Abstract]

Restructuring related costs

The Company expects substantially all one-time restructuring related costs to be incurred by March 31, 2016 and does not expect these costs to materially affect its cash flows or results of operations.

Type of Restructuring Cost	Location in the Statement of Operations	Year Ended December 31, 2015		Year Ended December 31, 2014
Severance and Benefit Costs	Operating Expenses – General and Administrative	$	523,487	$	-

Schedule of restructuring costs

The following table summarizes the Company's restructuring costs:

Restructuring Liability at January 1, 2015	$	-
Additions		523,487
Settlements		(490,994	)
Revisions		-
Restructuring Liability at December 31, 2015	$	32,493