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COLLABORATIONS AND ALLIANCES (Detail Textuals 1) (USD $)
1 Months Ended 3 Months Ended 12 Months Ended
Nov. 30, 2011
Mar. 31, 2013
Mar. 31, 2012
Dec. 31, 2011
Collaborative Arrangements and Non-collaborative Arrangement Transactions [Line Items]        
Research and development revenue   $ 5,661,000 $ 8,498,000 $ 47,310,000
Daiichi Sankyo ARQ 092 Agreement | License Agreement
       
Collaborative Arrangements and Non-collaborative Arrangement Transactions [Line Items]        
Notice period for termination of agreement   90 days    
Upfront fee on ARQ 092 Agreement 10,000,000      
Research and development revenue   600,000 900,000 10,000,000
Deferred Revenue   $ 200,000