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FAIR VALUE (Details 1) (USD $)
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3 Months Ended | 6 Months Ended | 12 Months Ended | |||
|---|---|---|---|---|---|---|
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Jun. 30, 2014
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Jun. 30, 2013
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Jun. 30, 2014
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Jun. 30, 2013
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Jun. 30, 2014
Fair Value, Inputs, Level 3 [Member]
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Dec. 31, 2013
Fair Value, Inputs, Level 3 [Member]
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| Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] | ||||||
| Beginning balance - Fair value | $ 3,355,000 | $ 0 | ||||
| Fair value of warrants issued in connection with February 2013 public offering | 0 | 5,720,000 | 0 | 5,720,000 | ||
| Gain on derivatives resulting from change in fair value | 573,751 | 660,341 | 518,806 | 666,384 | (517,000) | (2,365,000) |
| Ending balance - Fair value | $ 2,838,000 | $ 3,355,000 | ||||