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FAIR VALUE MEASUREMENTS (Tables)
9 Months Ended
Sep. 30, 2016
Fair Value Disclosures [Abstract]  
Fair value of financial liabilities on a recurring basis
          Level 1     Level 2     Level 3  
    Total carrying value     Quoted market prices in active markets     Internal Models with significant observable market parameters     Internal models with significant unobservable market parameters  
Derivative liabilities – September 30, 2016   $ 6,332,309     $ -     $ -     $ 6,332,309  
Derivative liabilities – December 31, 2015   $ 6,199,021     $ -     $ -     $ 6,199,021  
Changes in recurring fair value measurements included in net loss
    Recurring Fair Value Measurements  
   

Changes in Fair Value

Included in Net Loss

 
    Other Income      Other Expense     Total  
Derivative liabilities – September 30, 2016   $ 3,026,433     $ -     $ 3,026,433  
Derivative liabilities – September 30, 2015   $ 749,943     $ -     $ 749,943  
Summary of changes in the fair value of our Level 3 financial liabilities
    December 31, 2015     Recorded New Derivative Liabilities     Reclassification of Derivative Liabilities to Additional Paid in Capital     Change in Estimated Fair Value Recognized in Results of Operations     September 30, 2016  
Derivative liabilities   $ 6,199,021     $ 3,159,721     $ -     $ (3,026,433 )   $ 6,332,309  

 

    December 31, 2014     Recorded New Derivative Liabilities     Reclassification of Derivative Liabilities to Additional Paid in Capital     Change in Estimated Fair Value Recognized in Results of Operations     September 30, 2015  
Derivative liabilities   $ 1,569,522     $ 2,858,742     $ -     $ (749,943 )   $ 3,678,321