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STOCK BASED COMPENSATION (Details) (USD $)
9 Months Ended 12 Months Ended 9 Months Ended 0 Months Ended
Dec. 31, 2013
Mar. 31, 2013
Dec. 31, 2013
Director
Dec. 31, 2013
Director
Minimum
item
Jun. 13, 2013
Executive Chairman
item
Jun. 13, 2013
Executives
item
Jun. 13, 2013
Non-employee directors
item
Share based compensation              
Number of directors on a committee to administer the plan       2      
Maximum number of shares authorized to be issued 3,300,000            
Terms of options     5 years        
Options granted (in shares) 400,000   50,000   100,000 300,000 200,000
Annual grants (in shares)     10,000        
Exercise price of shares granted (in dollars per share) $ 0.670       $ 0.67 $ 0.67 $ 0.67
Vesting period         10 years 10 years 10 years
Number of equal annual installments in which options will vest         3 3 3
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 (as a percent) 100.70%            
Risk free interest rate (as a percent) 1.10%            
Expected term 9 years            
Additional general disclosure              
Common stock available for grant under plan (in shares) 1,489,506            
Number Of Options              
Outstanding at the beginning of the period (in shares) 2,484,000            
Granted (in shares) 400,000   50,000   100,000 300,000 200,000
Forfeited (in shares) (1,471,000)            
Outstanding at the end of the period (in shares) 1,413,000 2,484,000          
Vested or expected to vest at the end of the period (in shares) 1,413,000            
Exercisable at the end of the period (in shares) 926,667            
Weighted Average Exercise Price              
Outstanding at the beginning of the period (in dollars per share) $ 1.027            
Granted (in dollars per share) $ 0.670       $ 0.67 $ 0.67 $ 0.67
Forfeited (in dollars per share) $ 0.952            
Outstanding at the end of the period (in dollars per share) $ 0.979 $ 1.027          
Vested or expected to vest at the end of the period (in dollars per share) $ 0.979            
Exercisable at the end of the period (in dollars per share) $ 0.991            
Aggregate Intrinsic Value              
Outstanding at the end of the period $ 478,650 $ 776,475          
Vested or expected to vest at the end of the period 478,650            
Exercisable at the end of the period 301,350            
Weighted Average Remaining Contractual Life              
Outstanding at the end of the period 6 years 10 months 13 days 9 years 25 days          
Vested or expected to vest at the end of the period 6 years 10 months 13 days            
Exercisable at the end of the period 4 years 11 months 1 day            
Additional information on stock options              
Unrecognized compensation cost related to stock options 259,161            
Period of recognition of unrecognized compensation expense 39 months            
Fair value of shares vested $ 175,305            
Stock options outstanding but not vested, Number of Options              
Outstanding at the beginning of the period (in shares) 854,334            
Granted (in shares) 400,000   50,000   100,000 300,000 200,000
Vested (in shares) (165,334)            
Forfeited (in shares) (602,667)            
Outstanding at the end of the period (in shares) 486,333 854,334          
Stock options outstanding but not vested, Weighted Average Exercise Price              
Outstanding at the beginning of the period (in dollars per share) $ 1.249            
Granted (in dollars per share) $ 0.670       $ 0.67 $ 0.67 $ 0.67
Vested (in dollars per share) $ 1.120            
Forfeited (in dollars per share) $ 1.173            
Outstanding at the end of the period (in dollars per share) $ 0.957 $ 1.249