FAIR VALUE OF FINANCIAL INSTRUMENTS (Tables)

6 Months Ended

Jun. 30, 2013

Schedule of Fair Value, by Balance Sheet Grouping [Table Text Block]

		Carrying		Estimated Fair
		Amount		Value
		(unaudited)		(unaudited)
Financial Assets:
Cash and cash equivalents	$	162,582	$	162,582
Restricted marketable securities		686,476		686,476
Accounts receivable		28,707		28,707
Financial Liabilities:
Accounts payable	$	4,759,266	$	***
Accrued expenses		2,231,160		***
Accrued interest		10,467,389		***
Copper derivatives settlement payable		16,106,691		***
Current maturity of long-term debt		6,164,964		***
Current maturities of senior long–term debt		23,257,826		***
Other current liabilities		366,798		***