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OTHER INVESTMENTS (Details Textual) - USD ($)
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Other Investment [Line Items]    
Other Investments, Total $ 5,307,765 $ 3,895,317
Company committed to fund approximately as required by agreements with the investees 1,800,000  
Company made contributions to other investments of approximately 2,200,000 1,800,000
Received distributions from investments 1,100,000 2,000,000
Investment Income, Dividend 193,000 193,000
Other than Temporary Impairment Losses, Investments, Total 69,002 $ 0
Technology And Related [Member]    
Other Investment [Line Items]    
Other than Temporary Impairment Losses, Investments, Total $ 69,000