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SUBSEQUENT EVENTS (Details) (Issuance of Equity [Member], USD $)
1 Months Ended 2 Months Ended
Oct. 31, 2012
Aug. 01, 2012
Aug. 27, 2012
Issuance of Equity [Member]
     
Subsequent Event [Line Items]      
Options granted   200,000 243,483
Option exercise price   $ 1.18 $ 1.45
Number of options modified     121,740
Aggregate cash proceeds from exercise of options and warrants $ 1,836,906    
Exercise of options by employees, shares 600,000