COMMON AND PREFERRED STOCK (Tables)

6 Months Ended

Jun. 30, 2012

COMMON AND PREFERRED STOCK [Abstract]

Schedule of changes in the number of common stock shares

The following is a schedule of changes in the number of common stock during the six months ended June 30, 2012 and the year ended December 31, 2011:

	Six Months Ended June 30, 2012			Year Ended December 31, 2011
Beginning balance		63,330,421			62,129,424
Stock options exercised		7,000			3,500
Restricted stock grants (Note 6)		501,188			947,891
Warrants exercised		-			300,000
Other Surrenders		(226,257	)		(50,394	)
Ending balance		63,612,352			63,330,421