TRANSACTIONS WITH RELATED PARTIES (Details Textual) - Jun. 30, 2015 - USD ($)	Total
Related Party Transaction [Line Items]
Accrued Liabilities	$ 714,120
Industrial Management LLC [Member]
Related Party Transaction [Line Items]
Management Fee, Description	annual cash management fee in an amount equal to the greater of 2% of the Company’s annual gross revenues or $1,000,000
Royalty Percentage	75.00%
Preferred Stock, Dividend Rate, Percentage	15.00%
Officer [Member]
Related Party Transaction [Line Items]
Officers' Compensation	$ 35,000
Chief Executive Officer [Member]
Related Party Transaction [Line Items]
Accrued Salaries, Current	$ 595,000

It represents royalty percentage during the reporting period.

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Carrying value as of the balance sheet date of obligations incurred and payable, pertaining to costs that are statutory in nature, are incurred on contractual obligations, or accumulate over time and for which invoices have not yet been received or will not be rendered. Examples include taxes, interest, rent and utilities.

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Carrying value as of the balance sheet date of the obligations incurred through that date and payable for employees' services provided. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

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-Name Accounting Standards Codification

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Description of the nature of payments to managing member or general partner for management of the day-to-day business functions of the limited liability company (LLC) or limited partnership (LP), including the fee rate, basis of calculation, relevant accounting period, whether the fee is paid to an entity other than the managing member or general partner, or whether the fee is waived.

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Expenditures for salaries of officers. Does not include allocated share-based compensation, pension and post-retirement benefit expense or other labor-related non-salary expense. For commercial and industrial companies, excludes any direct and overhead labor that is included in cost of goods sold.

+ References

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-Publisher FASB

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The percentage rate used to calculate dividend payments on preferred stock.

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Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

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