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STOCK-BASED COMPENSATION (Details Textual) (USD $)
9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Dec. 31, 2011
Stock based compensation $ 263,088 $ 249,638  
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Term 10 years    
Aggregate Intrinsic Value Exercisable September 30, 2012 134,578   175,911
Sale of Stock, Price Per Share (in dollars per share) $ 14.60   $ 15.00
Restricted Stock and Units [Member]
     
Stock based compensation $ 91,826 $ 120,935