EARNINGS PER SHARE (as restated) (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]
Net income (loss)	$ 1,850,690	$ (1,698,722)	$ (22,896,725)	$ (3,028,000)
Less dividends paid:
Common stock	2,628,161	4,417,425	7,885,803	15,457,238
Preferred stock	880,509	880,509	2,631,744	2,631,744
Dividends	3,508,670	5,297,934	10,517,547	18,088,982
Undistributed earnings (deficit)	$ (1,657,980)	$ (6,996,656)	(33,414,272)	$ (21,116,982)
Common Stock [Member]
Less dividends paid:
Common stock			0
Preferred stock			$ 0
Distributed earnings (In dollars per share)	$ 0.18	$ 0.30	$ 0.54	$ 1.05
Undistributed earnings (deficit) (in dollars per share)	(0.11)	(0.48)	(2.29)	(1.43)
Total (in dollars per share)	0.07	(0.18)	(1.75)	(0.38)
Unvested Share-Based Payment Awards [Member]
Less dividends paid:
Distributed earnings (In dollars per share)	0.18	0.30	0.54	1.05
Undistributed earnings (deficit) (in dollars per share)	(0.11)	(0.48)	(2.29)	(1.43)
Total (in dollars per share)	$ 0.07	$ (0.18)	$ (1.75)	$ (0.38)