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NOTE RECEIVABLE (Details Textual) (USD $)
9 Months Ended
Sep. 30, 2014
Dec. 31, 2013
Sep. 30, 2014
Tronco Energy Corporation [Member]
May 30, 2014
Tronco Energy Corporation [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Notes Receivable, Related Parties, Current $ 8,296,717 $ 0 $ 8,296,717 $ 8,300,000
Pledged Shares, Notes Receivable     8,814,860  
Notes Receivable Pledged Shares, Price Per Share     $ 6.28  
Notes Receivable Pledged Shares, Market Value     50,000,000  
Notes Receivable, Extended Maturity Date One     Jun. 30, 2014  
Notes Receivable, One Time Payment To Extend Maturity Date     $ 68,881  
Notes Receivable, Extended Maturity Date Two     Jul. 31, 2014  
Loans Receivable, Description of Variable Rate Basis     prime rate  
Loans Receivable, Basis Spread on Variable Rate     0.25%  
Loans Receivable, Variable Interest Rate     3.25%  
Receivable with Imputed Interest, Due Date     Jan. 31, 2014  
Debt Instrument, Maturity Date     Dec. 31, 2015