STOCK BASED COMPENSATION (Details 2) (USD $)	3 Months Ended		9 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Allocation of stock-based compensation expense
Stock-based compensation expense	$ 155,489		$ 655,889
Stock Options
Allocation of stock-based compensation expense
Stock-based compensation expense	98,108	0	559,684	0
Stock Options | Research and development expenses
Allocation of stock-based compensation expense
Stock-based compensation expense	42,284		253,038
Stock Options | General and administrative expenses
Allocation of stock-based compensation expense
Stock-based compensation expense	55,824		306,646
Restricted stock units
Allocation of stock-based compensation expense
Stock-based compensation expense	46,751		96,263
Restricted stock units | Research and development expenses
Allocation of stock-based compensation expense
Stock-based compensation expense	32,346		65,171
Restricted stock units | General and administrative expenses
Allocation of stock-based compensation expense
Stock-based compensation expense	$ 14,405		$ 31,092