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FAIR VALUE MEASUREMENTS (Tables)
9 Months Ended
Sep. 30, 2016
FAIR VALUE MEASUREMENTS [Abstract]  
Fair value of our financial instruments
The following table summarizes the fair value of our financial instruments at September 30, 2016 and December 31, 2015.

Description
 
September 30, 2016
  
December 31, 2015
 
Liabilities:
      
  
Promissory note – April 2015 (1)
  $---  $370,000 
            
   
 (1) On August 11, 2016, the Company issued the final installment payment due under the April 2015 Note.