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LOSS PER SHARE (Details) (USD $)
3 Months Ended 9 Months Ended 12 Months Ended 140 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2013
Numerator:              
Net loss available in basic and diluted calculation $ (1,115,221)us-gaap_NetIncomeLoss $ (3,974,903)us-gaap_NetIncomeLoss $ (4,468,170)us-gaap_NetIncomeLoss $ (7,251,965)us-gaap_NetIncomeLoss $ (9,406,304)us-gaap_NetIncomeLoss $ (7,422,155)us-gaap_NetIncomeLoss $ (28,697,415)us-gaap_NetIncomeLoss
Denominator:              
Weighted average common shares outstanding-basic (in shares) 259,899us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 1,821,006us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 2,052,709us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 1,687,625us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 2,026,115us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 927,838us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 996,362us-gaap_WeightedAverageNumberOfSharesOutstandingBasic
Effect of dilutive stock options and warrants (in shares) 0us-gaap_IncrementalCommonSharesAttributableToCallOptionsAndWarrants [1] 0us-gaap_IncrementalCommonSharesAttributableToCallOptionsAndWarrants [1] 0us-gaap_IncrementalCommonSharesAttributableToCallOptionsAndWarrants [1] 0us-gaap_IncrementalCommonSharesAttributableToCallOptionsAndWarrants [1] 0us-gaap_IncrementalCommonSharesAttributableToCallOptionsAndWarrants [2] 0us-gaap_IncrementalCommonSharesAttributableToCallOptionsAndWarrants [2] 0us-gaap_IncrementalCommonSharesAttributableToCallOptionsAndWarrants [2]
Weighted average common shares outstanding-diluted (in shares) 2,984,335us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 1,821,006us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 2,967,483us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 1,687,625us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 2,026,115us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 927,838us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 996,362us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding
Loss per common share-basic and diluted (in dollars per share) $ (0.37)us-gaap_EarningsPerShareBasicAndDiluted $ (2.18)us-gaap_EarningsPerShareBasicAndDiluted $ (1.51)us-gaap_EarningsPerShareBasicAndDiluted $ (4.30)us-gaap_EarningsPerShareBasicAndDiluted $ (4.64)us-gaap_EarningsPerShareBasicAndDiluted $ (8.00)us-gaap_EarningsPerShareBasicAndDiluted $ (28.80)us-gaap_EarningsPerShareBasicAndDiluted
[1] The number of shares underlying options and warrants outstanding as of September 30, 2014 and September 30, 2013 are 945,220 and 861,287 respectively. The effect of the shares that would be issued upon exercise of such options and warrants has been excluded from the calculation of diluted loss per share because those shares are anti-dilutive.
[2] The number of shares underlying options and warrants outstanding as of December 31, 2013 and December 31, 2012 are 847,777 and 637,277, respectively. The effect of the shares that would be issued upon exercise of such options and warrants has been excluded from the calculation of diluted loss per share because those shares are anti-dilutive.