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RELATED PARTY TRANSACTIONS AND AMOUNTS OWING (Tables)
6 Months Ended
Jun. 30, 2013
Related Party Transactions And Amounts Owing Tables  
Contingent Consideration to Director
   

As of

June 30,

2013

   

As of

December 31,

2012

 
    (unaudited)        
Contingent consideration due   $ 2,000,000     $ 2,000,000  
Less payments, net of refunds, to Director     984,938       984,938  
    $ 1,015,362     $ 1,015,362