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INTANGIBLE ASSETS (Details Textual) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Finite-Lived Intangible Assets [Line Items]        
Amortization of Intangible Assets $ 611,667 $ 611,667 $ 1,835,000 $ 1,835,000