SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Dec. 31, 2016

Accounting Policies [Abstract]

Schedule of basic and diluted loss per share

	For the Year Ended December 31, 2016			For the Year Ended December 31, 2015
Loss per Share - Basic
Numerator for basic loss per share	$	(20,811,481	)	$	(13,571,997	)
Denominator for basic loss per share		17,500,827			13,275,847
Loss per common share - basic	$	(1.19	)	$	(1.02	)
Loss per Share - Diluted
Numerator for basic loss per share	$	(20,811,481	)	$	(13,571,997	)
Adjust: Fair Value of dilutive warrants outstanding		—			(278,431	)
Numerator for dilutive loss per share	$	(20,811,481	)	$	(13,850,428	)
Denominator for diluted loss per share		17,500,827			13,275,847
Plus: Incremental shares underlying “in the money” warrants outstanding		—			160,836
Denominator for dilutive loss per share		17,500,827			13,436,683
Loss per common share - diluted	$	(1.19	)	$	(1.03	)