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FAIR VALUE (Details 1) (USD $)
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12 Months Ended | 134 Months Ended | |
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Dec. 31, 2013
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Dec. 31, 2012
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Dec. 31, 2013
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| Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] | |||
| Fair value of warrants issued in connection with February 2013 public offering | $ 5,720,000 | $ 0 | $ 5,720,000 |
| Gain (loss) on revaluation of derivative warrants | 2,373,941 | (33,854) | 2,327,929 |
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Fair Value, Inputs, Level 3 [Member]
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| Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] | |||
| Beginning balance | 0 | 0 | |
| Fair value of warrants issued in connection with February 2013 public offering | 5,720,000 | 0 | |
| Gain (loss) on revaluation of derivative warrants | (2,365,000) | 0 | |
| Warrants | $ 3,355,000 | $ 0 | $ 3,355,000 |
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- Definition
Represents the fair value of warrants classified as derivative liabilities during the period. No definition available.
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- Definition
Represents the fair value of warrants classified as derivative liabilities, outstanding as of the balance date. No definition available.
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- Definition
Amount of realized and unrealized gain (loss) of derivative instruments not designated or qualifying as hedging instruments. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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