OPTIONS AND WARRANTS TO PURCHASE COMMON STOCK (Details) (USD $)	0 Months Ended	3 Months Ended		12 Months Ended	51 Months Ended
	Dec. 22, 2011	Mar. 31, 2013	Mar. 31, 2012	Dec. 31, 2012	Mar. 31, 2013
Derivative Instruments - Warrants [Abstract]
Warrants issued (in shares)	5,000,000	0
Common shares issued in private placement (in shares)	10,000,000	3,756,757
Strike price of warrants (in dollars per share)	$ 2.00	$ 1.97			$ 1.97
Shares of common stocks issued (in shares)	10,000,000	3,756,757
Gross proceeds from issuance of common stocks		$ 5,560,000	$ 0		$ 21,370,000
Strike price of Samlyn warrants		$ 0.03
Proceeds from private placement allocated to common stock	6,420,000
Proceeds from private placement allocated to warrant derivative liability	3,580,000
Reclassification from warrant derivative liability due to change in valuation methodology				780,000
Other income from decrease in warrant derivative liability		495,000	990,000
Warrants, Exercise Price [Line Items]
Warrants outstanding, Number (in shares)		6,204,930			6,204,930
Warrants compensation expense		0
Fair Value Assumptions [Abstract]
Dividend Yield (in hundredths)		0.00%	0.00%
Expected Life			5 years
Expected Volatility (in hundredths)		83.00%	89.00%
Stock Options, Shares [Roll Forward]
Outstanding at beginning of period (in shares)		15,455,470
Issued (in shares)		45,867
Exercised (in shares)		0
Outstanding at end of period (in shares)		15,501,337		15,455,470	15,501,337
Stock Options, Weighted Average Exercise Price [Roll Forward]
Outstanding at beginning of period (in dollars per share)		$ 1.04
Issued (in dollars per share)		$ 1.58
Exercised (in dollars per share)		$ 0
Outstanding at end of period (in dollars per share)		$ 1.04		$ 1.04	$ 1.04
Stock options, grant date fair value		50,000			50,000
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Options outstanding, Number (in shares)		15,501,337			15,501,337
Options outstanding, Weighted average exercise price (in dollars per share)		$ 1.04			$ 1.04
Options exercisable, Number (in shares)		12,436,291			12,436,291
Options exercisable, Weighted average exercise price (in dollars per share)		$ 0.88			$ 0.88
Exercise Price 0.70 [Member]
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Options outstanding, Exercise price, Maximum (in dollars per share)		$ 0.70
Options outstanding, Number (in shares)		7,358,277			7,358,277
Options outstanding, Weighted average exercise price (in dollars per share)		$ 0.70			$ 0.70
Options exercisable, Number (in shares)		7,358,277			7,358,277
Options exercisable, Weighted average exercise price (in dollars per share)		$ 0.70			$ 0.70
Exercise Price 0.83 [Member]
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Options outstanding, Exercise price, Maximum (in dollars per share)		$ 0.83
Options outstanding, Number (in shares)		3,205,134			3,205,134
Options outstanding, Weighted average remaining contractual life		7 years 5 months 23 days
Options outstanding, Weighted average exercise price (in dollars per share)		$ 0.83			$ 0.83
Options exercisable, Number (in shares)		3,205,134			3,205,134
Options exercisable, Weighted average exercise price (in dollars per share)		$ 0.83			$ 0.83
Exercise Price 1.00 [Member]
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Options outstanding, Exercise price, Maximum (in dollars per share)		$ 1.00
Options outstanding, Number (in shares)		60,000			60,000
Options outstanding, Weighted average remaining contractual life		1 year 11 months 9 days
Options outstanding, Weighted average exercise price (in dollars per share)		$ 1.00			$ 1.00
Options exercisable, Number (in shares)		60,000			60,000
Options exercisable, Weighted average exercise price (in dollars per share)		$ 1.00			$ 1.00
Exercise Price 1.24 [Member]
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Options outstanding, Exercise price, Maximum (in dollars per share)		$ 1.24
Options outstanding, Number (in shares)		100,000			100,000
Options outstanding, Weighted average remaining contractual life		3 years 10 months 24 days
Options outstanding, Weighted average exercise price (in dollars per share)		$ 1.24			$ 1.24
Options exercisable, Number (in shares)		100,000			100,000
Options exercisable, Weighted average exercise price (in dollars per share)		$ 1.24			$ 1.24
Exercise Price 1.45 [Member]
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Options outstanding, Exercise price, Maximum (in dollars per share)		$ 1.45
Options outstanding, Number (in shares)		125,000			125,000
Options outstanding, Weighted average remaining contractual life		4 years 10 months 28 days
Options outstanding, Weighted average exercise price (in dollars per share)		$ 1.45			$ 1.45
Options exercisable, Number (in shares)		125,000			125,000
Options exercisable, Weighted average exercise price (in dollars per share)		$ 1.45			$ 1.45
Exercise Price 1.55 [Member]
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Options outstanding, Exercise price, Maximum (in dollars per share)		$ 1.55
Options outstanding, Number (in shares)		330,000			330,000
Options outstanding, Weighted average exercise price (in dollars per share)		$ 1.55			$ 1.55
Options exercisable, Number (in shares)		116,667			116,667
Options exercisable, Weighted average exercise price (in dollars per share)		$ 1.55			$ 1.55
Exercise Price 1.58 [Member]
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Options outstanding, Exercise price, Maximum (in dollars per share)		$ 1.58
Options outstanding, Number (in shares)		45,867			45,867
Options outstanding, Weighted average remaining contractual life		4 years 10 months 28 days
Options outstanding, Weighted average exercise price (in dollars per share)		$ 1.58			$ 1.58
Options exercisable, Number (in shares)		7,644			7,644
Options exercisable, Weighted average exercise price (in dollars per share)		$ 1.58			$ 1.58
Exercise Price 1.66 [Member]
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Options outstanding, Exercise price, Maximum (in dollars per share)		$ 1.66
Options outstanding, Number (in shares)		3,077,059			3,077,059
Options outstanding, Weighted average remaining contractual life		9 years 9 months 11 days
Options outstanding, Weighted average exercise price (in dollars per share)		$ 1.66			$ 1.66
Options exercisable, Number (in shares)		823,569			823,569
Options exercisable, Weighted average exercise price (in dollars per share)		$ 1.66			$ 1.66
Exercise Price 1.75 [Member]
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Options outstanding, Exercise price, Maximum (in dollars per share)		$ 1.75
Options outstanding, Number (in shares)		300,000			300,000
Options outstanding, Weighted average remaining contractual life		9 years 2 months 27 days
Options outstanding, Weighted average exercise price (in dollars per share)		$ 1.75			$ 1.75
Options exercisable, Number (in shares)		165,000			165,000
Options exercisable, Weighted average exercise price (in dollars per share)		$ 1.75			$ 1.75
Exercise Price 1.90 [Member]
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Options outstanding, Exercise price, Maximum (in dollars per share)		$ 1.90
Options outstanding, Number (in shares)		900,000			900,000
Options outstanding, Weighted average remaining contractual life		8 years 5 months 16 days
Options outstanding, Weighted average exercise price (in dollars per share)		$ 1.90			$ 1.90
Options exercisable, Number (in shares)		475,000			475,000
Options exercisable, Weighted average exercise price (in dollars per share)		$ 1.90			$ 1.90
Stock Options [Member]
Stock Options, Weighted Average Exercise Price [Roll Forward]
Vesting period of options		12 months
Compensation Cost Not Yet Recognized [Abstract]
Compensation cost not yet recognized, Stock options		4,282,426			4,282,426
Compensation cost not yet recognized, Period for recognition		25 months
Share-based compensation expense		1,284,842
Intrinsic value of outstanding options		7,017,720			7,017,720
Intrinsic value of options exercised		$ 0
Minimum [Member]
Fair Value Assumptions [Abstract]
Expected Life		5 years
Risk Free Interest Rate (in hundredths)		0.88%	0.72%
Maximum [Member]
Fair Value Assumptions [Abstract]
Expected Life		10 years
Risk Free Interest Rate (in hundredths)		1.66%	1.06%
Maximum [Member] | Exercise Price 0.70 [Member]
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Options outstanding, Weighted average remaining contractual life		5 years 9 months 4 days
Maximum [Member] | Exercise Price 1.55 [Member]
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Options outstanding, Weighted average remaining contractual life		8 years 1 month 20 days
Exercise Price 0.75 [Member]
Warrants, Exercise Price [Line Items]
Exercise price (in dollars per share)		$ 0.75			$ 0.75
Warrants outstanding, Number (in shares)		139,340			139,340
Warrants outstanding, Weighted average remaining contractual life		2 years 6 months 15 days
Warrants outstanding, Weighted average exercise price (in dollars per share)		$ 0.75			$ 0.75
Exercise Price 0.78 [Member]
Warrants, Exercise Price [Line Items]
Exercise price (in dollars per share)		$ 0.78			$ 0.78
Warrants outstanding, Number (in shares)		213,402			213,402
Warrants outstanding, Weighted average remaining contractual life		2 years 10 months 17 days
Warrants outstanding, Weighted average exercise price (in dollars per share)		$ 0.78			$ 0.78
Exercise Price 0.80 [Member]
Warrants, Exercise Price [Line Items]
Exercise price (in dollars per share)		$ 0.80			$ 0.80
Warrants outstanding, Number (in shares)		124,481			124,481
Warrants outstanding, Weighted average remaining contractual life		2 years 9 months 15 days
Warrants outstanding, Weighted average exercise price (in dollars per share)		$ 0.80			$ 0.80
Exercise Price 1.00 [Member]
Warrants, Exercise Price [Line Items]
Exercise price (in dollars per share)		$ 1.00			$ 1.00
Warrants outstanding, Number (in shares)		212,000			212,000
Warrants outstanding, Weighted average exercise price (in dollars per share)		$ 1.00			$ 1.00
Exercise Price 1.00 [Member] | Maximum [Member]
Warrants, Exercise Price [Line Items]
Warrants outstanding, Weighted average remaining contractual life		2 years 4 months 17 days
Exercise Price 1.15 [Member]
Warrants, Exercise Price [Line Items]
Exercise price (in dollars per share)		$ 1.15			$ 1.15
Warrants outstanding, Number (in shares)		461,340			461,340
Warrants outstanding, Weighted average remaining contractual life		8 years 1 month 10 days
Warrants outstanding, Weighted average exercise price (in dollars per share)		$ 1.15			$ 1.15
Exercise Price 1.97 [Member]
Warrants, Exercise Price [Line Items]
Exercise price (in dollars per share)		$ 1.97			$ 1.97
Warrants outstanding, Number (in shares)		5,000,000			5,000,000
Warrants outstanding, Weighted average remaining contractual life		3 years 8 months 19 days
Warrants outstanding, Weighted average exercise price (in dollars per share)		$ 1.97			$ 1.97
Exercise Price 2.00 [Member]
Warrants, Exercise Price [Line Items]
Exercise price (in dollars per share)		$ 2.00			$ 2.00
Warrants outstanding, Number (in shares)		5,054,367			5,054,367
Warrants outstanding, Weighted average exercise price (in dollars per share)		$ 2.00			$ 2.00
Exercise Price 2.00 [Member] | Maximum [Member]
Warrants, Exercise Price [Line Items]
Warrants outstanding, Weighted average remaining contractual life		3 years 4 months 17 days