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RELATED PARTY TRANSACTIONS (Details) - USD ($)
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Short-term employee benefits      
Employee salaries and bonuses $ 2,348,709 $ 2,235,926 $ 2,112,605
Directors fees 265,833 245,000 270,000
Social security and medical care costs 80,949 77,284 63,529
Total short-term employee benefits 2,695,491 2,558,210 2,446,134
Post-employment benefits      
Contributions to defined contribution pension plan 36,114 32,435 34,162
Employee termination expense     296,592
Key management expense      
Share-based payments 1,726,690 1,555,857 2,270,023
Total key management remuneration $ 4,458,295 $ 4,146,502 $ 5,046,911