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FAIR VALUE MEASUREMENTS (Tables)
9 Months Ended
Sep. 30, 2017
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, 2017   $ 67,528     $ -     $ -     $ 67,528  
Derivative liabilities – December 31, 2016   $ 5,792,572     $ -     $ -     $ 5,792,572  
Changes in recurring fair value measurements included in net loss
    Recurring Fair Value Measurements  
   

Changes in Fair Value

Included in Net Income

 
    Other Income      Other Expense     Total  
Derivative liabilities – September 30, 2017   $ 2,272,697     $ -     $ 2,272,697  
Derivative liabilities – September 30, 2016   $ 3,026,433     $ -     $ 3,026,433  
Summary of changes in the fair value of our Level 3 financial liabilities
   

 

December 31, 2016

   

 

    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, 2017

 
Derivative liabilities   $ 5,792,572     $ 2,627,931     $ (6,080,278 )   $ (2,272,697 )   $ 67,528  

 

    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