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SUMMARIZED QUARTERLY FINANCIAL INFORMATION (UNAUDITED) (Tables)
 12 Months Ended
Dec. 31, 2012
SUMMARIZED QUARTERLY FINANCIAL INFORMATION (UNAUDITED) [Abstract]  
Summarized quarterly financial information
   
Three Months Ended
 
   
March 31,
  
June 30,
  
Sept. 30,
  
Dec. 31,
 
2012
            
Operating revenue
 $320,510  $36,347  $30,752  $23,740 
Loss from operations
  (20,633,191)  (18,654,298)  (5,910,504)  (11,269,214)
Net loss
  (20,668,095)  (22,022,079)  (5,935,713)  (8,131,562)
                  
Loss per common share - basic
 $(0.66) $(0.63) $(0.16) $(0.16)
Loss per common share - diluted
  (0.66)  (0.63)  (0.16)  (0.16)
                  
2011
                
Operating revenue
 $124,303  $353,505  $319,261  $359,109 
Income from operations
  (1,209,450)  (1,637,537)  (1,051,697)  (1,978,486)
Net income
  (1,231,915)  (1,702,806)  (1,088,574)  (312,079)
                  
Earnings per common share - basic
 $(0.04) $(0.05) $(0.03) $(0.02)
Earnings per common share - diluted
  (0.04)  (0.05)  (0.03)  (0.02)