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EARNINGS PER SHARE (Details) - USD ($)
3 Months Ended 9 Months Ended
Dec. 27, 2016
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]          
Net income (loss)   $ (4,256,337) $ 1,496,356 $ (4,183,767) $ (19,527,535)
Less dividends paid:          
Common stock   3,320,889 2,628,161 8,582,666 7,885,803
Preferred stock   880,509 880,509 2,631,744 2,631,744
Dividends $ 19,384,684 4,201,398 3,508,670 11,214,410 10,517,547
Undistributed earnings (deficit)   $ (8,457,735) $ (2,012,314) $ (15,398,177) $ (30,045,082)
Adjustment to calculation of diluted earnings per share for warrants (in shares)   0      
Common Stock          
Less dividends paid:          
Distributed earnings (in dollars per share)   $ 0.15 $ 0.18 $ 0.45 $ 0.54
Undistributed earnings (deficit) (in dollars per share)   (0.38) (0.14) (0.80) (2.06)
Total (in dollars per share)   (0.23) 0.04 (0.35) (1.52)
Unvested Share-Based Payment Awards          
Less dividends paid:          
Distributed earnings (in dollars per share)   0.15 0.18 0.45 0.54
Undistributed earnings (deficit) (in dollars per share)   (0.38) (0.14) (0.80) (2.06)
Total (in dollars per share)   $ (0.23) $ 0.04 $ (0.35) $ (1.52)