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DERIVATIVE WARRANT LIABILITY (Details) (USD $)
6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
DERIVATIVE WARRANT LIABILITY    
Beginning balance $ 5,585,141 $ 1,035,237
Total unrealized losses included in net loss 781,682 [1]    [1]
Total unrealized gains included in net loss (5,305,000) [1] (539,648) [1]
Total realized gains included in net loss (152,668) [1] (61,633) [1]
Reclassification of derivative warrant liability to additional paid-in capital for derivative warrants exercised    (41,520)
Ending balance $ 90,155 $ 392,536
[1] Included in Gain (Loss) on Revaluation of Derivative Warrant Liability in the Consolidated Statement of Operations.