EXERCISE OF COMMON STOCK WARRANTS (Details Textual) (USD $)	3 Months Ended	9 Months Ended		12 Months Ended	126 Months Ended
	Sep. 30, 2012	Sep. 30, 2012	Sep. 30, 2011	Dec. 31, 2011	Sep. 30, 2012
Warrants Exercised During Period		57,000	1,994	1,993,444
Warrant Exercise Price (in dollars per share)		$ 3.30	$ 2.89	$ 4.20
Common stock issued in 2012 at par, pursuant to net-share (cashless) exercises of common stock warrants, shares	0
Proceeds from exercise of common stock warrants		$ 0	$ 8,372,465		$ 9,054,546
Common Stock [Member]
Common stock issued in 2012 at par, pursuant to net-share (cashless) exercises of common stock warrants, shares		17,148	781