STOCK-BASED COMPENSATION (Tables)

12 Months Ended

Dec. 31, 2012

STOCK-BASED COMPENSATION [Abstract]

Summary of Stock Option Activity

A summary of the Company's stock option activity is as follows:

					Weighted
					Average
			Weighted		Remaining
			Average		Contractual
			Exercise		Term		Intrinsic
	Number		Price		(in years)		Value
Outstanding as of January 1, 2012		-	$	-		-	$	-
Granted		210,000		1.05		4.33		-
Exercised		-				-		-
Forfeited/Expired		-				-		-
Outstanding as of December 31, 2012		210,000	$	1.05		4.33	$	-