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CUMULATIVE PERPETUAL PREFERRED STOCK (Table)
6 Months Ended
Jun. 30, 2012
Stockholders' Equity Note [Abstract]  
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]

 

Risk-free interest rate     2.49 %
Expected life of warrants     10 years  
Expected dividend yield     0.00 %
Expected volatility     37.27 %

 

 

Risk-free interest rate     0.31 %
Expected life of warrants     2 years  
Expected dividend yield     0.00 %
Expected volatility     65.10 %