7. COMMITMENTS AND CONTINGENT LIABILITIES (Details) |
Dec. 31, 2015
USD ($)
|
|||||||
|---|---|---|---|---|---|---|---|---|
| Total | $ 8,575,418 | |||||||
| Less than 1 year | 8,561,468 | |||||||
| 2 - 3 years | 13,950 | |||||||
| 4 - 5 years | 0 | |||||||
| After 5 years | 0 | |||||||
| Initial Cash Distribution Payable | ||||||||
| Total | 6,620,623 | [1] | ||||||
| Less than 1 year | 6,620,623 | [2] | ||||||
| 2 - 3 years | 0 | |||||||
| 4 - 5 years | 0 | |||||||
| After 5 years | 0 | |||||||
| Second Cash Distribution Payable | ||||||||
| Total | 1,912,943 | [1] | ||||||
| Less than 1 year | 1,912,943 | [2] | ||||||
| 2 - 3 years | 0 | |||||||
| 4 - 5 years | 0 | |||||||
| After 5 years | 0 | |||||||
| Office Lease | ||||||||
| Total | 41,852 | [3] | ||||||
| Less than 1 year | 27,902 | |||||||
| 2 - 3 years | 13,950 | |||||||
| 4 - 5 years | 0 | |||||||
| After 5 years | $ 0 | |||||||
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