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RELATED PARTY TRANSACTIONS
9 Months Ended
Sep. 30, 2016
Related Party Transactions [Abstract]  
RELATED PARTY TRANSACTIONS
RELATED PARTY TRANSACTIONS
 
In the course of business, the Company obtains legal services from a firm in which the Company’s Chairman is a partner. The Company incurred approximately $38,000 and $114,000 in legal fees to the firm during the three and nine months ended September 30, 2016 and 2015, respectively. As of September 30, 2016 and December 31, 2015, the Company has balances due to this firm of $13,000 at both dates.
 
The Company obtained social media and investor related services from a firm in which the Company’s Chief Financial Officer holds a 50% interest.  The Company incurred approximately $0 and $22,000 in fees to the firm during the three and nine months ended September 30, 2016, respectively and $24,000 and $62,000 for the three and nine months ended September 30, 2015, respectively. As of September 30, 2016 and December 31, 2015, the Company had balances due to this firm of $0 and $4,000, respectively. Effective June 30, 2016, the Company canceled this service agreement.