Quarterly report pursuant to Section 13 or 15(d)

INTANGIBLE ASSETS AND DEFERRED CHARGES (Details)

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INTANGIBLE ASSETS AND DEFERRED CHARGES (Details) - USD ($)
Mar. 31, 2016
Dec. 31, 2015
Intangible Assets and Deferred Charges [Abstract]    
Intangible Assets, (Excluding Goodwill), Including Deferred Charges $ 20,572,000 $ 20,572,000
Finite-Lived Intangible Assets, Amortization Expense, Year Four 2,047,000  
Finite-Lived Intangibles Assets, Including Deferred Charges, Accumulated Amortization 6,390,000 5,775,000
Finite-Lived Intangible Assets, Accumulated Amortization 6,320,422 $ 5,711,175
Finite-Lived Intangible Assets, Amortization Expense, Next Twelve Months 2,090,000  
Finite-Lived Intangible Assets, Amortization Expense, Year Two 2,339,000  
Finite-Lived Intangible Assets, Amortization Expense, Year Three 2,169,000  
Finite-Lived Intangible Assets, Amortization Expense, Year Five 2,047,000  
Finite-Lived Intangible Assets, Amortization Expense, after Year Five $ 3,490,000