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QUARTERLY FINANCIAL DATA (Tables)
 12 Months Ended
Dec. 31, 2015
Quarterly Financial Information Disclosure [Abstract]  
Schedule of Quarterly Financial Data
The following is a summary of the quarterly results of the Company for the years ended December 31, 2015 and 2014 (unaudited, in thousands, except for per share data):
 
Three Months Ended
 
Year Ended
 
3/31/15
6/30/15
9/30/15
12/31/15
 
December 31, 2015
Operating Loss
$
(11,986
)
  
$
(15,516
)
  
$
(18,724
)
  
$
(18,488
)
  
$
(64,714
)
Net loss
(11,940
)
 
(15,446
)
 
(18,741
)
 
(18,417
)
 
(64,544
)
Per common share:
 
 
 
 
 
 
 
 
 
Loss per share, basic (1)
$
(0.77
)
 
$
(0.95
)
 
$
(1.11
)
 
$
(0.96
)
 
$
(3.82
)
Loss per share, diluted (1)
(0.77
)
 
(0.95
)
 
(1.11
)
 
(0.96
)
 
(3.82
)
 
 
 
 
Three Months Ended
 
Year Ended
 
3/31/14
6/30/14
9/30/14
12/31/14
 
December 31, 2014
Operating Loss
$
(7,979
)
  
$
(10,134
)
  
$
(10,548
)
  
$
(10,443
)
  
$
(39,104
)
Net loss
(13,656
)
 
(11,038
)
 
(8,617
)
 
(10,387
)
 
(43,698
)
Per common share:
 
 
 
 
 
 
 
 
 
Loss per share, basic (1)
$
(1.01
)
 
$
(0.82
)
 
$
(0.64
)
 
$
(0.77
)
 
$
(3.24
)
Loss per share, diluted (1)
(1.01
)
 
(0.82
)
 
(0.72
)
 
(0.77
)
 
(3.24
)