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COMMITMENTS AND CONTINGENCIES (Details Textual) (USD $)
9 Months Ended
Sep. 30, 2014
Loss Contingencies [Line Items]  
Litigation Settlement, Amount $ 500,000us-gaap_LitigationSettlementAmount
Estimated Litigation Liability, Current $ 200,000us-gaap_LitigationReserveCurrent
Loss Contingency, Settlement Agreement, Terms Payment of the outstanding balance under the Settlement Agreement will be accelerated if the Company raises $2 million or more of gross dollars in a single funding round or raises aggregate funding of $4 million of gross dollars on or before April 10, 2015