RESTRICTED CASH (Tables)

3 Months Ended

Mar. 31, 2016

Cash and Cash Equivalents [Abstract]

Schedule of Restricted Cash and Cash Equivalents [Table Text Block]

The following table presents the Company's restricted cash balances as of March 31, 2016 and December 31, 2015:

	March 31, 2016		December 31, 2015
Restricted cash balance held by:
Broker counterparties for derivatives trading	$	8,128,438	$	528,564
Repurchase counterparties as restricted collateral		3,112,895		7,646,074
Total	$	11,241,333	$	8,174,638