COMMITMENTS (Tables)

12 Months Ended

Dec. 31, 2012

Commitments and Contingencies Disclosure [Abstract]

Future Minimum Rental Payments Required Under Operating Leases

Future minimum annual rental payments required under operating leases as of December 31, 2012 are as below (by year):

2013	$	242,000
2014		256,000
2015		275,000
2016		295,000
2017	$	316,000
Total	$	1,384,000