FAIR VALUE MEASUREMENTS (Details 1) - USD ($) |
3 Months Ended | 6 Months Ended | ||
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Jun. 30, 2018 |
Jun. 30, 2017 |
Jun. 30, 2018 |
Jun. 30, 2017 |
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| Liabilities measured at fair value Beginning Balance | $ 9,331,400 | |||
| Change in Fair Market Value of Conversion Feature | $ 1,653,000 | $ (987,200) | (628,000) | $ (2,597,950) |
| Fair Value of Derivative Liability Recorded Upon Issuance of Convertible Debt | 8,760,000 | $ 4,446,000 | ||
| Liabilities measured at fair value Ending Balance | 1,891,400 | 1,891,400 | ||
| Fair Value Measurement Using, Level 3 [Member] | ||||
| Liabilities measured at fair value Beginning Balance | 9,331,400 | |||
| Change in Fair Market Value of Conversion Feature | (628,000) | |||
| Derivative Debt Converted into Equity | (15,572,000) | |||
| Fair Value of Derivative Liability Recorded Upon Issuance of Convertible Debt | 8,760,000 | |||
| Liabilities measured at fair value Ending Balance | $ 1,891,400 | $ 1,891,400 | ||
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- Definition Fair value, after the effects of master netting arrangements, of a financial liability or contract with one or more underlyings, notional amount or payment provision or both, and the contract can be net settled by means outside the contract or delivery of an asset, expected to be settled within one year or normal operating cycle, if longer. Includes assets not subject to a master netting arrangement and not elected to be offset. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of gain (loss) from the increase (decrease) in fair value of foreign currency derivatives and nonderivative instruments designated as fair value hedging instruments which were recognized in earnings, net of offsets by the gain (loss) on the hedged item to the extent that the fair value hedge was determined to be effective. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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