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OPTIONS AND NONVESTED SHARES (Narrative) (Details) - USD ($)
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Warrants and Options Disclosure [Line Items]    
Stock compensation expense with respect to non-vested stock option $ 405,625  
Stock compensation expense to be recognized with respect to non-vested stock option 5 months 1 day  
Stock compensation expense to be recognized with respect to non-vested shares $ 44,353,568  
Stock compensation expense with respect to non-vested shares weighted average vesting period 2 years 6 months 25 days  
General and Administrative Expense [Member]    
Warrants and Options Disclosure [Line Items]    
Stock compensation expense related to options $ 243,577 $ 293,050
Stock compensation expense related to nonvested shares $ 4,325,818 $ 1,676,923