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COMMON STOCK AND COMMON STOCK PURCHASE WARRANTS (Tables)
9 Months Ended
Sep. 30, 2012
Common Stock and Common Stock Purchase Warrants [Abstract]  
Warrants Issued and Outstanding

Warrants issued and outstanding at September 30, 2012, and changes during the nine months then ended, are as follows:

 

  Warrants Outstanding  Warrants Exercisable 
  Number of
underlying
shares
  Weighted
Average
Exercise
Price
  Average
Remaining
Contractual
Life (years)
  Number of
underlying
shares
  Weighted
Average
Exercise
Price
  Average
Remaining
Contractual
Life (years)
 
Balance, January 1, 2012  408,956  $3.59   1.89   408,956  $3.59   1.89 
Granted/Vested  -                     
Forfeited  -                     
Exercised  (125,000)  3.50                 
Balance, September 30, 2012  283,956  $3.63   1.17   283,956  $3.63   1.17