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OPTIONS AND WARRANTS TO PURCHASE COMMON STOCK (Details) (USD $)
0 Months Ended 3 Months Ended 6 Months Ended 12 Months Ended 54 Months Ended
Dec. 22, 2011
Jun. 30, 2013
Mar. 31, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Dec. 31, 2012
Jun. 30, 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          
Shares of common stocks issued (in shares) 10,000,000   3,756,757          
Gross proceeds from issuance of common stocks     $ 5,560,000   $ 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   155,000   540,000 650,000 1,530,000    
Warrants, Exercise Price [Line Items]                
Warrants outstanding, Number (in shares)   6,204,930     6,204,930     6,204,930
Warrants compensation expense   0   21,160 0 210,067    
Fair Value Assumptions [Abstract]                
Dividend Yield (in hundredths)         0.00% 0.00%    
Expected Volatility (in hundredths)           90.48%    
Risk Free Interest Rate (in hundredths)           1.74%    
Stock Options, Shares [Roll Forward]                
Outstanding at beginning of period (in shares)     15,455,470   15,455,470      
Issued (in shares)         460,867      
Exercised (in shares)         0      
Forfeited (in shares)         (338,222)      
Outstanding at end of period (in shares)   15,578,115     15,578,115   15,455,470 15,578,115
Stock Options, Weighted Average Exercise Price [Roll Forward]                
Outstanding at beginning of period (in dollars per share)     $ 1.04   $ 1.04      
Issued (in dollars per share)         $ 1.21      
Exercised (in dollars per share)         $ 0      
Forfeited (in dollars per share)         $ 1.73      
Outstanding at end of period (in dollars per share)   $ 1.03     $ 1.03   $ 1.04 $ 1.03
Stock options, grant date fair value   572,720     572,720     572,720
Number of granted options vested upon the grant date (in shares)   65,000     65,000     65,000
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]                
Options outstanding, Number (in shares)   15,578,115     15,578,115     15,578,115
Options outstanding, Weighted average exercise price (in dollars per share)   $ 1.03     $ 1.03     $ 1.03
Options exercisable, Number (in shares)   13,196,622     13,196,622     13,196,622
Options exercisable, Weighted average exercise price (in dollars per share)   $ 0.92     $ 0.92     $ 0.92
Exercise Price 0.70 [Member]
               
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]                
Options outstanding, Number (in shares)   7,358,277     7,358,277     7,358,277
Options outstanding, Weighted average remaining contractual life         5 years 5 months 1 day      
Options outstanding, Weighted average exercise price (in dollars per share)   $ 0.70     $ 0.70     $ 0.70
Options exercisable, Number (in shares)   7,358,277     7,358,277     7,358,277
Options exercisable, Weighted average exercise price (in dollars per share)   $ 0.70     $ 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, Number (in shares)   3,205,134     3,205,134     3,205,134
Options outstanding, Weighted average remaining contractual life         2 years 7 months 17 days      
Options outstanding, Weighted average exercise price (in dollars per share)   $ 0.83     $ 0.83     $ 0.83
Options exercisable, Number (in shares)   3,205,134     3,205,134     3,205,134
Options exercisable, Weighted average exercise price (in dollars per share)   $ 0.83     $ 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, Number (in shares)   60,000     60,000     60,000
Options outstanding, Weighted average remaining contractual life         1 year 8 months 8 days      
Options outstanding, Weighted average exercise price (in dollars per share)   $ 1.00     $ 1.00     $ 1.00
Options exercisable, Number (in shares)   60,000     60,000     60,000
Options exercisable, Weighted average exercise price (in dollars per share)   $ 1.00     $ 1.00     $ 1.00
Exercise Price 1.15 [Member]
               
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]                
Options outstanding, Number (in shares)   300,000     300,000     300,000
Options outstanding, Weighted average remaining contractual life         6 years 0 months 25 days      
Options outstanding, Weighted average exercise price (in dollars per share)   $ 1.15     $ 1.15     $ 1.15
Options exercisable, Number (in shares)   0     0     0
Options exercisable, Weighted average exercise price (in dollars per share)   $ 1.15     $ 1.15     $ 1.15
Exercise Price 1.24 [Member]
               
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]                
Options outstanding, Number (in shares)   100,000     100,000     100,000
Options outstanding, Weighted average remaining contractual life         4 years 7 months 28 days      
Options outstanding, Weighted average exercise price (in dollars per share)   $ 1.24     $ 1.24     $ 1.24
Options exercisable, Number (in shares)   100,000     100,000     100,000
Options exercisable, Weighted average exercise price (in dollars per share)   $ 1.24     $ 1.24     $ 1.24
Exercise Price 1.35 [Member]
               
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]                
Options outstanding, Number (in shares)   115,000     115,000     115,000
Options outstanding, Weighted average exercise price (in dollars per share)   $ 1.35     $ 1.35     $ 1.35
Options exercisable, Number (in shares)   69,167     69,167     69,167
Options exercisable, Weighted average exercise price (in dollars per share)   $ 1.35     $ 1.35     $ 1.35
Exercise Price 1.45 [Member]
               
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]                
Options outstanding, Number (in shares)   125,000     125,000     125,000
Options outstanding, Weighted average remaining contractual life         4 years 7 months 28 days      
Options outstanding, Weighted average exercise price (in dollars per share)   $ 1.45     $ 1.45     $ 1.45
Options exercisable, Number (in shares)   125,000     125,000     125,000
Options exercisable, Weighted average exercise price (in dollars per share)   $ 1.45     $ 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, Number (in shares)   330,000     330,000     330,000
Options outstanding, Weighted average exercise price (in dollars per share)   $ 1.55     $ 1.55     $ 1.55
Options exercisable, Number (in shares)   146,667     146,667     146,667
Options exercisable, Weighted average exercise price (in dollars per share)   $ 1.55     $ 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, Number (in shares)   7,645     7,645     7,645
Options outstanding, Weighted average remaining contractual life         4 years 7 months 28 days      
Options outstanding, Weighted average exercise price (in dollars per share)   $ 1.58     $ 1.58     $ 1.58
Options exercisable, Number (in shares)   7,645     7,645     7,645
Options exercisable, Weighted average exercise price (in dollars per share)   $ 1.58     $ 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, Number (in shares)   3,077,059     3,077,059     3,077,059
Options outstanding, Weighted average exercise price (in dollars per share)   $ 1.66     $ 1.66     $ 1.66
Options exercisable, Number (in shares)   1,574,732     1,574,732     1,574,732
Options exercisable, Weighted average exercise price (in dollars per share)   $ 1.66     $ 1.66     $ 1.66
Exercise Price 1.90 [Member]
               
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]                
Options outstanding, Number (in shares)   900,000     900,000     900,000
Options outstanding, Weighted average remaining contractual life         8 years 2 months 16 days      
Options outstanding, Weighted average exercise price (in dollars per share)   $ 1.90     $ 1.90     $ 1.90
Options exercisable, Number (in shares)   550,000     550,000     550,000
Options exercisable, Weighted average exercise price (in dollars per share)   $ 1.90     $ 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   3,084,553     3,084,553     3,084,553
Compensation cost not yet recognized, Period for recognition         37 months      
Share-based compensation expense         2,284,769      
Intrinsic value of outstanding options   $ 4,770,804     $ 4,770,804     $ 4,770,804
Minimum [Member]
               
Fair Value Assumptions [Abstract]                
Expected Life         5 years 5 years    
Expected Volatility (in hundredths)         66.00%      
Risk Free Interest Rate (in hundredths)         0.88%      
Stock Options, Weighted Average Exercise Price [Roll Forward]                
Issued (in dollars per share)         $ 1.15      
Minimum [Member] | Exercise Price 1.35 [Member]
               
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]                
Options outstanding, Weighted average remaining contractual life         4 years 11 months 23 days      
Minimum [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         3 years 11 months 16 days      
Minimum [Member] | Exercise Price 1.66 [Member]
               
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]                
Options outstanding, Weighted average remaining contractual life         9 years 5 months 23 days      
Maximum [Member]
               
Fair Value Assumptions [Abstract]                
Expected Life         10 years 10 years    
Expected Volatility (in hundredths)         83.00%      
Risk Free Interest Rate (in hundredths)         2.57%      
Stock Options, Weighted Average Exercise Price [Roll Forward]                
Issued (in dollars per share)         $ 1.58      
Maximum [Member] | Exercise Price 1.35 [Member]
               
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]                
Options outstanding, Weighted average remaining contractual life         4 years 11 months 26 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 11 months 16 days      
Maximum [Member] | Exercise Price 1.66 [Member]
               
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]                
Options outstanding, Weighted average remaining contractual life         9 years 6 months 11 days      
Exercise Price 0.75 [Member]
               
Warrants, Exercise Price [Line Items]                
Exercise price (in dollars per share)   $ 0.75     $ 0.75     $ 0.75
Warrants outstanding, Number (in shares)   139,340     139,340     139,340
Warrants outstanding, Weighted average remaining contractual life         2 years 6 months 14 days      
Warrants outstanding, Weighted average exercise price (in dollars per share)   $ 0.75     $ 0.75     $ 0.75
Exercise Price 0.78 [Member]
               
Warrants, Exercise Price [Line Items]                
Exercise price (in dollars per share)   $ 0.78     $ 0.78     $ 0.78
Warrants outstanding, Number (in shares)   213,402     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     $ 0.78
Exercise Price 0.80 [Member]
               
Warrants, Exercise Price [Line Items]                
Exercise price (in dollars per share)   $ 0.80     $ 0.80     $ 0.80
Warrants outstanding, Number (in shares)   124,481     124,481     124,481
Warrants outstanding, Weighted average remaining contractual life         2 years 9 months 14 days      
Warrants outstanding, Weighted average exercise price (in dollars per share)   $ 0.80     $ 0.80     $ 0.80
Exercise Price 1.00 [Member]
               
Warrants, Exercise Price [Line Items]                
Exercise price (in dollars per share)   $ 1.00     $ 1.00     $ 1.00
Warrants outstanding, Number (in shares)   212,000     212,000     212,000
Warrants outstanding, Weighted average remaining contractual life         2 years 4 months 17 days      
Warrants outstanding, Weighted average exercise price (in dollars per share)   $ 1.00     $ 1.00     $ 1.00
Exercise Price 1.15 [Member]
               
Warrants, Exercise Price [Line Items]                
Exercise price (in dollars per share)   $ 1.15     $ 1.15     $ 1.15
Warrants outstanding, Number (in shares)   461,340     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     $ 1.15
Exercise Price 1.97 [Member]
               
Warrants, Exercise Price [Line Items]                
Exercise price (in dollars per share)   $ 1.97     $ 1.97     $ 1.97
Warrants outstanding, Number (in shares)   5,000,000     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     $ 1.97
Exercise Price 2.00 [Member]
               
Warrants, Exercise Price [Line Items]                
Exercise price (in dollars per share)   $ 2.00     $ 2.00     $ 2.00
Warrants outstanding, Number (in shares)   54,367     54,367     54,367
Warrants outstanding, Weighted average remaining contractual life         3 years 4 months 17 days      
Warrants outstanding, Weighted average exercise price (in dollars per share)   $ 2.00     $ 2.00     $ 2.00