RELATED PARTY TRANSACTIONS (Details Textual) (USD $)	3 Months Ended		6 Months Ended		15 Months Ended	6 Months Ended	1 Months Ended		6 Months Ended
	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2012	Jun. 30, 2012 LFB Group [Member]	Dec. 31, 2011 Two Thousand and Eleven Issuance [Member]	Dec. 30, 2011 Two Thousand and Eleven Issuance [Member] Private Placement [Member]	Jun. 30, 2012 Two Thousand and Eleven Equity Pipe Member [Member]
Proceeds from Issuance of Private Placement								$ 11,091,425	$ 25,000,000
Equity Method Investment, Ownership Percentage	23.60%		23.60%		23.60%
Agent Cash Commission Percentage On Proceeds From Shares Issuance			10.00%
Legal Expenses Reimbursed To Agent							80,000
Advisory Fees Expenses Private Placement							150,000
Other research and development	$ 1,536,896	$ 0	$ 1,700,249	$ 0	$ 1,730,532	$ 1,258,000