FAIR VALUE MEASUREMENTS (Details) - USD ($)	Mar. 31, 2016	Dec. 31, 2015
LIABILITIES:
Total derivative liabilities	$ 53,616,983	$ 41,089,580
Fair value on recurring basis
LIABILITIES:
Warrant liabilities	53,616,983	41,089,580
Total derivative liabilities	$ 53,616,983	$ 41,089,580
Fair value on recurring basis | Level 1
LIABILITIES:
Warrant liabilities
Total derivative liabilities
Fair value on recurring basis | Level 2
LIABILITIES:
Warrant liabilities
Total derivative liabilities
Fair value on recurring basis | Level 3
LIABILITIES:
Warrant liabilities	$ 53,616,983	$ 41,089,580
Total derivative liabilities	$ 53,616,983	$ 41,089,580