6% SENIOR CONVERTIBLE NOTES - Senior Convertible Notes (Details) (USD $)	3 Months Ended
Mar. 31, 2013
Notes to Financial Statements
Principal converted into common stock	$ (483,500)
Accrued interest converted into common stock	(1,775)
Accrued and unpaid interest	22,790
Debt discount amortized as interest expense	$ (339,038)

The value of the stock converted in a noncash (or part noncash) transaction. Noncash is defined as transactions during a period that do not result in cash receipts or cash payments in the period. "Part noncash" refers to that portion of the transaction not resulting in cash receipts or cash payments in the period.

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Interest expense on all other items not previously classified. For example, includes dividends associated with redeemable preferred stock of a subsidiary that is treated as a liability in the parent's consolidated balance sheet.

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- Definition

This item represents the net amount of amortization of purchase discounts and premiums related to investments in debt securities. The purchase discount or premium is amortized to income or expense, respectively, over the life (holding period) of the securities to arrive at an amount of periodic interest income or expense which results in a constant effective yield on the investments.

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