STOCKHOLDERS' EQUITY (Tables)

12 Months Ended

Dec. 31, 2012

STOCKHOLDERS' EQUITY [Abstract]

Schedule of Changes in Fair Value of Derivative Liabilities

	Derivative Liability
Balance, December 31, 2010	$	3,866,836
Change in fair value		(360,922	)
Reclass to equity on date of amendment that eliminated derivative liabilities to net proceeds		(3,505,914	)
Balance, December 31, 2011	$	-

Schedule of Warrant Activity

	2012					2011
				Weighted					Weighted
				Average					Average
				Exercise					Exercise
	Warrants			Price		Warrants			Price
Outstanding January 1		1,533,892		$	5.19		1,933,010		$	6.21
Granted during the year		1,091,934			4.00		-			-
Exercised		(215,734	)		2.82		(71,896	)		2.65
Lapsed		(154,400	)		12.53		(327,222	)		11.75
Outstanding at December 31		2,255,692		$	4.34		1,533,892		$	5.19
Exercisable at December 31		2,055,692		$	4.32		1,533,892		$	5.19
Weighted average months remaining					46.5					57.8

Summary of Stock Option Activity Under Stock Option and Incentive Plans

	2004 Employee Plan							Non-Executive Director Plan
	Number of Options			Weighted Average Exercise Price		Weighted Average Life Remaining		Number of Options			Weighted Average Exercise Price		Weighted Average Life Remaining
						(in years)							(in years)
Outstanding at December 31, 2010		673,500			5.66				157,000		$	5.61
Granted		692,648			4.24				40,000			5.52
Exercised		(10,000	)		4.00				-			-
Forfeited		(187,500	)		9.73				(20,000	)		12.65
Outstanding at December 31, 2011:		1,168,648			4.18				177,000			4.79
Granted		885,000			3.46				155,000			2.98
Exercised		-			-				-			-
Forfeited		(328,500	)		4.44				(20,000	)		11.10
Outstanding at December 31, 2012:		1,725,148			3.80		3.4		312,000			3.49		3.1
Exercisable at December 31, 2012:		485,262			4.02		2.5		165,333			3.94		1.7
Aggregate Intrinsic Value of outstanding options at December 31, 2012
	$	-						$	12,400
Aggregate Intrinsic Value of exercisable options at December 31, 2012
	$	-						$	12,400

Schedule of Assumptions Used to Compute the Share-based Compensation Expense for Stock Options and Warrants

	2012			2011
Volatility		61.2	%		55.0	%
Expected option term		3.0 years			4.7 years
Risk-free interest rate		0.6	%		2.1	%
Expected forfeiture rate		0.0	%		0.0	%
Expected dividend yield		0.0	%		0.0	%

Summary of Restricted Stock

	Shares			Weighted- average Grant Date Fair Value
Restricted shares outstanding, December 31, 2010		45,000		$	12.50
Restricted shares granted		82,352			3.33
Restricted shares vested		-			-
Restricted shares forfeited		(20,000	)		12.50
Restricted shares outstanding, December 31, 2011		107,352		$	5.46
Restricted shares granted		130,000			3.38
Restricted shares vested		(20,588	)		3.33
Restricted shares forfeited		(155,000	)		4.85
Restricted shares outstanding, December 31, 2012		61,764		$	3.33