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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Reconciliation of Basic and Diluted Earnings per Share) (Details) (USD $)
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Reconciliation Of Basic and Diluted Earnings [Line Items]    
Net income for common shares $ 3,406,995 $ 21,449,879
Interest accrued on convertible notes* 383,929 [1] 168,000 [1]
Net income for diluted shares $ 3,622,924 $ 21,617,879
Effect of dilutive securities:    
Convertible notes 2,663,934 11,976,692
Options granted 812,905 1,612,614
Warrants granted 0 11,780
Weighted average shares outstanding - diluted 51,037,255 [2] 56,055,390 [2]
Earnings (loss) per share - basic $ 0.07 $ 0.51
Earnings (loss) per share - diluted $ 0.07 [2] $ 0.39 [2]
Weighted average shares outstanding - basic 47,560,416 42,454,304
[1] Interest expense on convertible notes was added back to net income for the computation of diluted EPS.
[2] Interest expense accrued on convertible notes is added back to net income for the computation of diluted EPS.