FAIR VALUE OF FINANCIAL INSTRUMENTS (Tables)

9 Months Ended

Sep. 30, 2013

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

		Carrying		Estimated Fair
		Amount		Value
		(unaudited)		(unaudited)
Financial Assets:
Restricted marketable securities	$	686,476	$	686,476
Accounts receivable		37,344		37,344
Financial Liabilities:
Accounts payable	$	4,884,846	$	***
Accrued expenses		2,385,453		***
Accrued interest		11,434,283		***
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		609,007		***