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STOCK BASED COMPENSATION (Details) (USD $)
3 Months Ended 12 Months Ended 3 Months Ended 0 Months Ended
Jun. 30, 2014
Mar. 31, 2014
Jun. 30, 2014
Director
Jun. 30, 2014
Director
Minimum
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        
Options granted (in shares) 0   50,000   200,000
Annual grants (in shares)     10,000    
Number of years after election that annual grants of share options commence     3 years    
Exercise price of shares granted (in dollars per share)         $ 0.67
Vesting period         10 years
Number of equal annual installments in which options will vest         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        
Additional general disclosure          
Common stock available for grant under plan (in shares) 1,547,006        
Number Of Options          
Outstanding at the beginning of the period (in shares) 1,355,500        
Outstanding at the end of the period (in shares) 1,355,500 1,355,500      
Vested or expected to vest at the end of the period (in shares) 1,355,500        
Exercisable at the end of the period (in shares) 943,832        
Weighted Average Exercise Price          
Outstanding at the beginning of the period (in dollars per share) $ 1.014        
Outstanding at the end of the period (in dollars per share) $ 1.074 $ 1.014      
Vested or expected to vest at the end of the period (in dollars per share) $ 1.074        
Exercisable at the end of the period (in dollars per share) $ 1.074        
Aggregate Intrinsic Value          
Outstanding at the end of the period $ 22,075 $ 329,025      
Vested or expected to vest at the end of the period 22,075        
Exercisable at the end of the period 22,075        
Weighted Average Remaining Contractual Life          
Outstanding at the end of the period 7 years 3 months 29 days 7 years 3 months 25 days      
Vested or expected to vest at the end of the period 7 years 3 months 29 days        
Exercisable at the end of the period 6 years 8 months 16 days        
Additional information on stock options          
Unrecognized compensation cost related to stock options 271,907        
Period of recognition of unrecognized compensation expense 33 months        
Fair value of shares vested $ 178,685        
Stock options outstanding but not vested, Number of Options          
Outstanding at the beginning of the period (in shares) 621,333        
Vested (in shares) (178,665)        
Forfeited (in shares) (31,000)        
Outstanding at the end of the period (in shares) 411,668 621,333      
Stock options outstanding but not vested, Weighted Average Exercise Price          
Outstanding at the beginning of the period (in dollars per share) $ 0.967        
Vested (in dollars per share) $ 1.000        
Forfeited (in dollars per share) $ 1.960        
Outstanding at the end of the period (in dollars per share) $ 0.877 $ 0.967