CONVERTIBLE DEBT (PIK NOTES) (Details) (USD $)	3 Months Ended		12 Months Ended	63 Months Ended
	Mar. 31, 2014	Mar. 31, 2013	Dec. 31, 2013	Mar. 31, 2014
CONVERTIBLE DEBT (PIK NOTES) [Abstract]
Financing received	$ 525,000		$ 10,500,000
Rate of convertible debt (in hundredths)	10.00%			10.00%
Common stock conversion price (in dollars per share)	$ 1.40			$ 1.40
Convertible shares (in shares)	7,500,000			7,500,000
Period before notes are mandatorily convertible	1 year
Number of trading days after notes are mandatorily convertible	10 days
Estimated fair value of the conversion feature	2,055,000			2,055,000
Term of note	10 years
Fair value of the PIK Note Derivative	480,375		2,250,000	480,375
Gain (loss) on the fair value of the PIK Note Derivative	1,792,500	0		1,597,500
Amortization of debt discount relating to the PIK Notes Payable	26,331
Payable carrying value	$ 9,015,039		$ 8,486,583	$ 9,015,039