Quarterly report pursuant to Section 13 or 15(d)

STOCK-BASED COMPENSATION (Details 2)

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STOCK-BASED COMPENSATION (Details 2) (USD $)
 3 Months Ended 9 Months Ended
Sep. 30, 2012
Jun. 30, 2012
Mar. 31, 2012
Sep. 30, 2012
Sep. 30, 2011
Outstanding - Number of Shares Issuable Upon Exercise of Outstanding Options 4,827,638 4,827,638 4,827,638 4,827,638  
Granted - Number of Shares Issuable Upon Exercise of Outstanding Options 24,000 0 0 24,000  
Forfeited - Number of Shares Issuable Upon Exercise of Outstanding Options (175,884)        
Outstanding - Number of Shares Issuable Upon Exercise of Outstanding Options 4,675,754 4,827,638 4,827,638 4,675,754  
Vested - Number of Shares Issuable Upon Exercise of Outstanding Options 1,954,046     1,954,046  
Unvested - Number of Shares Issuable Upon Exercise of Outstanding Options 2,721,708     2,721,708  
Exercisable - Number of Shares Issuable Upon Exercise of Outstanding Options 1,954,046     1,954,046  
Outstanding - Weighted Average Exercise Price (in dollars per share) $ 1.82 $ 1.82 $ 1.82 $ 1.82  
Granted - Weighted Average Exercise Price (in dollars per share) $ 1.00     $ 1.00 $ 1.45
Forfeited - Weighted Average Exercise Price (in dollars per share) $ 1.36        
Outstanding - Weighted Average Exercise Price (in dollars per share) $ 1.82 $ 1.82 $ 1.82 $ 1.82  
Vested - Weighted Average Exercise Price (in dollars per share) $ 2.92     $ 2.92  
Unvested - Weighted Average Exercise Price (in dollars per share) $ 1.06     $ 1.06  
Exercisable - Weighted Average Exercise Price (in dollars per share) $ 2.92     $ 2.92  
Vested - Weighted Average Remaining Contracted Term in Years 8 years 8 months 8 days     8 years 10 months 27 days  
Unvested - Weighted Average Remaining Contracted Term in Years 8 years 10 months 13 days     9 years 1 month 6 days  
Exercisable - Weighted Average Remaining Contracted Term in Years 8 years 8 months 8 days     8 years 10 months 27 days  
Vested - Aggregate Intrinsic Value (in dollars) $ 252,062     $ 252,062  
Unvested - Aggregate Intrinsic Value (in dollars) 620,198     620,198  
Exercisable - Aggregate Intrinsic Value (in dollars) $ 252,062     $ 252,062