Derivative Financial Instruments (Tables)

12 Months Ended

Dec. 31, 2012

Derivative Financial Instruments [Abstract]

Components of derivative financial instruments

The following tabular presentation reflects the components of derivative financial instruments as of December 31, 2012 and 2011.

	2012		2011
Derivative asset at fair value:
Free standing warrants related party	$	50,300	$	388,540

	2012		2011
Shares into which derivative asset can be settled:
Free standing warrants related party		2,000,000		2,000,000

	2012		2011
Derivative liability at fair value:
Free standing warrants	$	4,497,977	$	279,302

	2012		2011
Shares into which derivative liability can be settled:
Free standing warrants		2,009,436		3,246,301

Components of (expense) income of derivative financial instruments

The following tabular presentation reflects the components of derivative financial instruments as of December 31, 2012, 2011 and 2010.

	2012			2011			2010
Derivative (loss) gain in the accompanying statement of operations is related to the individual derivatives as follows:
Free standing warrants assets, related party	$	(338,500	)	$	(910,231	)	$	277,631
Free standing warrants liabilities		(5,255,652	)		4,373,684			2,849,140
	$	(5,594,152	)	$	3,463,453		$	3,126,771