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DERIVATIVE INSTRUMENTS (Details) (USD $)
3 Months Ended 12 Months Ended
Jun. 30, 2013
Mar. 31, 2013
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Jul. 02, 2012
item
Derivative Instruments            
Redemption of outstanding investor warrants to common stock 11,726,343          
Fair value of investor warrants reclassified from Derivative warrant liability to Additional paid-in capital $ 25,241,401 $ 476,426 $ 33,456,147 $ 3,408,738 $ 1,239,539  
Number of derivative instruments           0