CONVERTIBLE NOTES PAYABLE (Tables)

12 Months Ended

Dec. 31, 2015

Convertible Notes Payable [Abstract]

Unamortized Financing Costs and Net Carrying Amount

The principal balance, unamortized financing costs and net carrying amount of the 6% Note was as follows at December 31, 2015:

			Unamortized Debt		Net Carrying
	Principal		Issuance Costs		Amount
6% convertible notes, due October 21, 2016	$	2,100,000	$	10,091	$	2,089,909