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EARNINGS PER SHARE (Tables)
 3 Months Ended
Mar. 31, 2018
Earnings Per Share [Abstract]  
Schedule of Reconciliation of Basic and Diluted Earnings Per Share
The following is a reconciliation of the numerator and denominator for basic and diluted earnings per share for the three months ended March 31, 2018 and 2017: 
 
Three Months Ended March 31,
 
2018
 
2017
Basic Earnings per Share
 
 
 
Numerator:
 
 
 
Net loss available to common shareholders
$
(3,455,829
)
 
$
(4,047,244
)
Denominator:
 
 
 
Weighted-average shares outstanding
33,063,732

 
32,953,812

Basic earnings per share
$
(0.10
)
 
$
(0.12
)
 
 
 
 
Diluted Earnings per Share
 
 
 
Numerator:
 
 
 
Net loss available to common shareholders
$
(3,455,829
)
 
$
(4,047,244
)
Denominator:
 
 
 
Weighted-average shares outstanding
33,063,732

 
32,953,812

Effect of dilutive securities
 
 
 
Stock options and warrants
—

 
—

Preferred Stock
—

 
—

Diluted weighted-average shares outstanding
33,063,732

 
32,953,812

Diluted earnings (loss) per share
$
(0.10
)
 
$
(0.12
)