LONG-TERM DEBT Textuals (Details) (USD $)	6 Months Ended
	Jun. 30, 2012	Dec. 31, 2011	Jan. 30, 2011
Debt Instrument [Line Items]
Restricted cash	$ 874,059	$ 1,206,371
Maximum new senior debt allowed under Note indenture	7,500,000
Maximum new unsecured debt allowed under Note indenture	15,000,000
Servicing fee	5,000
Senior Notes [Member] | Senior Secured Notes Due 2016 [Member]
Debt Instrument [Line Items]
Senior Notes	30,000,000	30,000,000	7,870,000
Interest rate	14.00%
Debt issuance cost	2,206,858
Funds withheld from issuance in reserve for interest payments	4,500,000
Funds from note issuance held in reserve payable to Company	7,870,000
Principal amount at which additional interest rate is paid to Note holder	$ 1,000,000