LONG-TERM DEBT (Tables)

6 Months Ended

Jun. 30, 2012

Schedule of Long-term Debt Instruments [Table Text Block]

		June 30,			December
		2012			31, 2011
		(unaudited)
Senior project financing facility	$	23,257,826		$	23,257,826
Less current maturities on senior facility		(23,257,826	)		(21,481,183	)
Less long-term portion of senior facility accelerated due to default		-			(1,776,643	)
Total Long-Term Debt	$	-		$	-