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CASH, CASH EQUIVALENTS AND SHORT-TERM INVESTMENTS (Details) (USD $)
6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Dec. 31, 2012
Dec. 31, 2011
Cash and cash equivalents $ 2,440,227 $ 1,033,768 $ 2,673,719 $ 781,516
Short-term investments 3,236,000   2,240,000  
Total 5,676,227   4,913,719  
Increase (Decrease) in cash and cash equivalents (233,492) 252,252    
Increase (Decrease) in short-term investments 996,000      
Increase (Decrease) in cash and cash equivalents and short term investments $ 762,508