FIXED ASSETS (Details Textual) (USD $)
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9 Months Ended | 12 Months Ended | 110 Months Ended | 119 Months Ended | ||
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Sep. 30, 2012
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Sep. 30, 2011
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Dec. 31, 2011
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Dec. 31, 2010
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Dec. 31, 2011
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Sep. 30, 2012
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Depreciation | $ 585,000 | $ 580,000 | ||||
Depreciation and amortization | 384,083 | 439,587 | 584,841 | 580,114 | 2,416,038 | |
Purchases of fixed assets, net of $7,000 proceeds from sale of fixed assets | $ 37,142 | $ 112,195 | $ 118,411 | $ 1,652 | $ 5,486,592 | $ 5,516,734 |
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- Definition
The amount of expense recognized in the current period that reflects the allocation of the cost of tangible assets over the assets' useful lives. Includes production and non-production related depreciation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The aggregate expense recognized in the current period that allocates the cost of tangible assets, intangible assets, or depleting assets to periods that benefit from use of the assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The cash outflow associated with the acquisition of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale; includes cash outflows to pay for construction of self-constructed assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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