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STOCK BASED COMPENSATION (Details) (USD $)
9 Months Ended 12 Months Ended 9 Months Ended 1 Months Ended 0 Months Ended
Dec. 31, 2012
Mar. 31, 2012
Dec. 05, 2012
Sep. 15, 2011
Aug. 05, 2010
Mar. 31, 2006
Dec. 31, 2012
Independent director
Dec. 31, 2012
Independent director
Minimum
item
Apr. 30, 2012
Employee
Jul. 02, 2012
Current board of directors
Jul. 02, 2012
Current board of directors
Awards vesting after six months
Jul. 02, 2012
Current board of directors
Awards vesting after eighteen months
Dec. 05, 2012
Newly appointed board of directors
Dec. 05, 2012
Newly appointed board of directors
Awards vesting after twelve months
Dec. 05, 2012
Newly appointed board of directors
Awards vesting after twenty four months
Share based compensation                              
Maximum number of shares authorized       3,300,000 3,000,000 1,000,000                  
Number of directors in a committee to administer the plan               2              
Terms of options             5 years                
Options granted (in shares) 120,000           50,000   50,000 20,000     50,000    
Annual grants (in shares)             10,000                
Exercise price of shares granted (in dollars per share) $ 0.818               $ 0.70 $ 0.61     $ 1.02    
Vesting period                 3 years   6 months 18 months   12 months 24 months
Percentage of granted awards vesting over the specified period     60.00%               50.00% 50.00%   20.00% 20.00%
Assumption used in valuation of stock options                              
Yield term of U.S. Treasury issues on which risk free interest rate is based 5 years                            
Volatility rate, minimum (as a percent) 103.50%                            
Volatility rate, maximum (as a percent) 106.10%                            
Risk free interest rate, minimum (as a percent) 0.061%                            
Risk free interest rate, maximum (as a percent) 0.083%                            
Expected term 6 years                            
Additional general disclosure                              
Common stock available for grant under plan (in shares) 418,506                            
Number Of Options                              
Outstanding at the beginning of the period (in shares) 2,415,666                            
Granted (in shares) 120,000           50,000   50,000 20,000     50,000    
Forfeited (in shares) (51,666)                            
Outstanding at the end of the period (in shares) 2,484,000 2,415,666                          
Vested at the end of the period or expected to vest (in shares) 2,484,000                            
Exercisable at the end of the period (in shares) 1,594,666                            
Weighted Average Exercise Price                              
Outstanding at the beginning of the period (in dollars per share) $ 1.040                            
Granted (in dollars per share) $ 0.818               $ 0.70 $ 0.61     $ 1.02    
Outstanding at the end of the period (in dollars per share) $ 1.027 $ 1.040                          
Vested at the end of the period or expected to vest (in dollars per share) $ 1.027                            
Exercisable at the end of the period (in dollars per share) $ 0.895                            
Aggregate Intrinsic Value                              
Outstanding at the end of the period (in dollars) $ 883,224 $ 107,375                          
Vested at the end of the period or expected to vest 883,224                            
Exercisable at the end of the period (in dollars) 652,425                            
Weighted Average Remaining Contractual Life                              
Outstanding at the end of the period 7 years 1 month 10 days 7 years 8 months 16 days                          
Vested at the end of the period or expected to vest 7 years 1 month 10 days                            
Exercisable at the end of the period 5 years 2 months 8 days                            
Additional information on stock options                              
Unrecognized compensation cost related to stock options (in dollars) 589,214                            
Period of recognition of unrecognized compensation expense 3 years                            
Fair value of shares vested (in dollars) $ 717,863                            
Stock options outstanding but not vested, Number of Options                              
Outstanding at the beginning of the period (in shares) 1,489,000                            
Granted (in shares) 120,000           50,000   50,000 20,000     50,000    
Vested (in shares) (668,000)                            
Forfeited (in shares) (51,666)                            
Outstanding at the end of the period (in shares) 889,334 1,489,000                          
Stock options outstanding but not vested, Weighted Average Exercise Price                              
Outstanding at the beginning of the period (in dollars per share) $ 1.205                            
Granted (in dollars per share) $ 0.818               $ 0.70 $ 0.61     $ 1.02    
Vested (in dollars per share) $ 1.080                            
Forfeited (in dollars per share) $ 1.650                            
Outstanding at the end of the period (in dollars per share) $ 1.263 $ 1.205