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FAIR VALUE MEASUREMENTS (Schedule of Assets and Liabilities Measured on the Company's Consolidated Balance Sheet at Fair Value on a Recurring Basis Subsequent to Initial Recognition) (Details) - USD ($)
Dec. 31, 2016
Dec. 31, 2015
FAIR VALUE MEASUREMENTS [Line Items]    
Warrant liability $ (577,500)
Recurring basis [Member] | Cross currency forward exchange contracts [Member]    
FAIR VALUE MEASUREMENTS [Line Items]    
Derivative assets   56,253
Recurring basis [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Cross currency forward exchange contracts [Member]    
FAIR VALUE MEASUREMENTS [Line Items]    
Derivative assets
Derivative liabilities
Warrant liability  
Recurring basis [Member] | Significant Other Observable Inputs (Level 2) [Member]    
FAIR VALUE MEASUREMENTS [Line Items]    
Warrant liability (577,500)
Recurring basis [Member] | Significant Other Observable Inputs (Level 2) [Member] | Cross currency forward exchange contracts [Member]    
FAIR VALUE MEASUREMENTS [Line Items]    
Derivative assets 2,715,736  
Derivative liabilities (29,519)
Warrant liability   (577,500)
Recurring basis [Member] | Significant Unobservable Inputs (Level 3) [Member] | Cross currency forward exchange contracts [Member]    
FAIR VALUE MEASUREMENTS [Line Items]    
Derivative assets
Derivative liabilities
Warrant liability  
Recurring basis [Member] | Total Fair Value and Carrying Value on the Balance Sheet [Member] | Cross currency forward exchange contracts [Member]    
FAIR VALUE MEASUREMENTS [Line Items]    
Derivative assets 2,715,736 56,253
Derivative liabilities (29,519)
Warrant liability   $ (577,500)