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PREFERRED STOCK AND DETACHABLE WARRANTS (Details) - USD ($)
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2016
Mar. 31, 2016
Jun. 30, 2016
Dec. 31, 2015
May 31, 2016
May 13, 2016
Jun. 24, 2015
Temporary Equity [Line Items]              
Less: beneficial conversion feature             $ 5,682,741
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]              
Balance at beginning of period $ 3,534,924 $ 1,548,604 $ 1,548,604 $ 0      
Warrants issued June 24, 2015       7,028,067      
Change in valuation of warrants (1,645,288) 1,986,320   (5,479,463)      
Balance at end of period 4,756,900 $ 3,534,924 4,756,900 1,548,604      
Series B1 Preferred Stock              
Temporary Equity [Line Items]              
Face amount of Series B Preferred 19,349,745   19,349,745     $ 19,349,745 19,349,756
Less: May 2016 Warrant value 2,530,808   2,530,808     2,867,264 2,867,264
Less: beneficial conversion feature           2,371,106  
Less: issuance costs and fees           607,880  
Less: unaccreted discount 5,758,613   5,758,613        
Carrying amount 13,591,132   13,591,132 0   $ 13,503,495  
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]              
Warrants issued June 24, 2015 2,867,264            
Series B Preferred Stock              
Temporary Equity [Line Items]              
Face amount of Series B Preferred 25,000,000   25,000,000 25,000,000     25,000,000
Less: May 2016 Warrant value 2,226,092   2,226,092       7,028,067
Less: repurchase of 3,575,070 shares     11,189,838        
In-kind dividends paid     1,088,132        
Less: beneficial conversion feature             5,737,796
Less: issuance costs and fees             1,442,462
Less: unaccreted discount (7,139,756)   (7,139,756) (13,044,793) $ 5,408,131    
Carrying amount $ 7,758,538   $ 7,758,538 $ 11,955,207     $ 10,791,675