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INCOME TAXES (Details) (USD $)
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Components of the Company's net deferred tax asset      
Net operating loss carryforwards $ 72,756,414 $ 63,969,813  
Tax basis in intangible assets 3,868,769 4,095,269  
Deferred financing costs for tax 8,644,459 7,010,462  
Research and development credits 9,142,943 8,266,610  
Stock option expense 3,028,904 2,754,981  
Other 46,506 448,140  
Total deferred tax asset 97,487,995 86,545,275  
Valuation allowance (97,487,995) (86,545,275)  
Income Taxes      
Net operating loss carryforwards 192,732,223    
Provision of valuation allowance to reduce deferred tax assets (as a percent) 100.00%    
Statutory federal income tax rate (as a percent) 34.50%    
Difference in the provision for income taxes computed by applying the statutory income rate to pre-tax income      
Tax at U.S. federal statutory rate (9,562,620) (17,804,934) (15,937,695)
State taxes, net of federal benefit (900,827) (1,677,276) (1,501,377)
Research and development credits (667,308) (1,537,863) (966,941)
Other, net 66,244 132,491 133,932
Change in valuation allowance 10,942,720 20,887,582 18,272,081
Total income tax expense $ (121,791)    
Maximum
     
Income Taxes      
Number of years for which net operating loss carryforwards are available to reduce future taxable income 20 years