DISCLOSURES ABOUT FAIR VALUE OF FINANCIAL INSTRUMENTS (Tables)

3 Months Ended

Mar. 31, 2017

DISCLOSURES ABOUT FAIR VALUE OF FINANCIAL INSTRUMENTS [Abstract]

Fair Value, Assets and Liabilities Measured on Recurring Basis

The following table represents the Company’s financial assets and liabilities that were accounted for at fair value on a recurring basis as of December 31, 2016 and March 31, 2017 by level within the fair value hierarchy:

	December 31, 2016 Fair Value Measurement Using						March 31, 2017 Fair Value Measurement Using
	Level 1		Level 2		Level 3		Level 1		Level 2		Level 3
Contingent Liabilities Balance	$	-		-	$	321,000	$	-		-	$	321,000