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STOCK-BASED COMPENSATION EXPENSE (Details) (USD $)
3 Months Ended 9 Months Ended 3 Months Ended 9 Months Ended 6 Months Ended 9 Months Ended 6 Months Ended 9 Months Ended 3 Months Ended 9 Months Ended 6 Months Ended 9 Months Ended 6 Months Ended 9 Months Ended 3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
General and administrative expense [Member]
Sep. 30, 2011
General and administrative expense [Member]
Sep. 30, 2012
General and administrative expense [Member]
Sep. 30, 2011
General and administrative expense [Member]
Jun. 30, 2012
Director [Member]
Sep. 30, 2012
Director [Member]
Sep. 30, 2012
Officer [Member]
Jun. 30, 2012
Employee [Member]
Sep. 30, 2012
Employee [Member]
Sep. 30, 2012
2008 Equity Incentive Plan [Member]
Sep. 30, 2012
2008 Equity Incentive Plan [Member]
Jun. 30, 2012
2008 Equity Incentive Plan [Member]
Director [Member]
Sep. 30, 2012
2008 Equity Incentive Plan [Member]
Director [Member]
Jun. 30, 2012
2008 Equity Incentive Plan [Member]
Employee [Member]
Sep. 30, 2012
2008 Equity Incentive Plan [Member]
Employee [Member]
Sep. 30, 2012
Post shareholder approval of amendment of plan [Member]
Director [Member]
Sep. 30, 2012
Post shareholder approval of amendment of plan [Member]
Employee [Member]
Sep. 30, 2012
Restricted Stock [Member]
Sep. 30, 2012
Restricted Stock [Member]
Dec. 31, 2011
Restricted Stock [Member]
Dec. 31, 2011
Restricted Stock [Member]
Officer [Member]
Options [Roll Forward]                                                  
Outstanding at January 1, 2012 (in shares)     1,833,582                                            
Granted (in shares)     609,475 [1]             300,000     1,200,000                        
Exercised (in shares)     0                                            
Forfeited (in shares)     0                                            
Outstanding at June 30, 2012 (in shares) 2,443,057 [1]   2,443,057 [1]                                            
Exercisable at September 30, 2012 (in shares) 1,948,677   1,948,677             155,475     429,000       144,525   771,000            
Weighted-Average Exercise Price [Roll Forward]                                                  
Outstanding at January 1, 2012 (in dollars per share)     $ 7.02                                            
Granted (1) (in dollars per share)     $ 1.63             $ 1.65 $ 1.18   $ 1.65                        
Exercised (in dollars per share)     $ 0                                            
Forfeited (in dollars per share)     $ 0                                            
Outstanding at June 30, 2012 (in dollars per share) $ 5.68 [1]   $ 5.68 [1]                                            
Exercisable at September 30, 2012 (in dollars per share) $ 5.66   $ 5.66                                            
Aggregate Intrinsic Value [Abstract]                                                  
Outstanding at March 31, 2012 $ 0 [1]   $ 0 [1]                                            
Exercisable at March 31, 2012 0   0                                            
Options granted subject to shareholder approval (in shares) 915,525   915,525                                            
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                                                  
Granted (in shares)     609,475 [1]             300,000     1,200,000                        
Stock option vesting percentage (in hundredths)                   20.00%                              
Percentage of stock options expected to vest in nine months from the date of grant (in hundredths)                   80.00%                              
Option vesting period                 10 years     10 years                         3 years
Exercise price of options granted (in dollars per share)     $ 1.63             $ 1.65 $ 1.18   $ 1.65                        
Option exercisable (in shares) 1,948,677   1,948,677             155,475     429,000       144,525   771,000            
Fair value of options granted                             128,328     354,098              
Risk free interest rate (in hundredths)     0.82%                           0.35%   0.35%            
Stock option expected life     5 years 10 months 1 day                         2 years 9 months 29 days   2 years 9 months 29 days              
Expected stock volatility (in hundredths)     91.70%                           84.60%   84.60%            
Expected dividend yield (in hundredths)     1.70%                           1.21%   1.21%            
Stock compensation amortized expense     1,655,526 1,750,316 371,363 590,405 1,655,527 1,750,316           309,039 1,470,375             62,270 185,151    
Unrecognized stock-based compensation expense related to non-vested stock options                           1,606,125 1,606,125                    
Weighted average period for recognition of compensation expense                             1 year 5 months 25 days               1 year 8 months 12 days    
Weighted average remaining contractual term of the outstanding options     6 years 10 months 2 days                                            
Weighted average remaining contractual term of the exercisable options     6 years 9 months 4 days                                            
Shares available for issuance (in shares) 150,277   150,277                     1,800,000 1,800,000                    
Restricted stock granted to officers (in shares)                                                 45,000
Vesting period of restricted stock award granted to officers                 10 years     10 years                         3 years
Fair market value of the shares on date of grant                                               743,400  
Unrecognized compensation cost related to unvested restricted stock                                           420,325 420,325    
Exercisable stock option period                                       6 months 6 months        
Share-based compensation expense [Abstract]                                                  
Share-based compensation expense included in general and administrative expense     $ 1,655,526 $ 1,750,316 $ 371,363 $ 590,405 $ 1,655,527 $ 1,750,316           $ 309,039 $ 1,470,375             $ 62,270 $ 185,151    
Earnings per common share effect of share-based compensation expense - basic and diluted (in dollars per share) $ (0.01) $ (0.02) $ (0.048) $ (0.06)                                          
[1] Does not include 915,525 options subject to shareholder approval, which were granted on June 11, 2012 and which are described in more detail below.