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STOCKHOLDERS' EQUITY (Details 1) (USD $)
9 Months Ended
Sep. 30, 2012
Restricted Stock Preferred [Member]
 
Number of Shares, Outstanding at December 31, 2011 129,375 [1]
Number of Shares, Granted 0 [1]
Number of Shares, Vested 0 [1]
Number of Shares, Forfeited 0 [1]
Conversion to restricted common stock (129,375) [1]
Number of Shares, Outstanding at September 30, 2012 0 [1]
Weighted Average Grant Date Fair Value Outstanding at December 31, 2011 $ 20.00
Weighted Average Grant Date Fair Value Granted $ 0
Weighted Average Grant Date Fair Value Vested $ 0
Weighted Average Grant Date Fair Value Forfeited $ 0
conversion to restricted common stock - weighted average grant date fair value $ 20.00
Weighted Average Grant Date Fair Value Outstanding at September 30, 2012 $ 0
Aggregate Intrinsic Value Outstanding at September 30, 2012 $ 0
Restricted Stock Common [Member]
 
Number of Shares, Outstanding at December 31, 2011 0
Converted preferred stock 1,150,000
Number of Shares, Granted 5,140,000
Number of Shares, Vested 0
Number of Shares, Forfeited 0
Number of Shares, Outstanding at September 30, 2012 6,290,000
Weighted Average Grant Date Fair Value Outstanding at December 31, 2011 $ 0
Converted Preferred Stock $ 2.25
Weighted Average Grant Date Fair Value Granted $ 4.95
Weighted Average Grant Date Fair Value Vested $ 0
Weighted Average Grant Date Fair Value Forfeited $ 0
Weighted Average Grant Date Fair Value Outstanding at September 30, 2012 $ 4.46
Aggregate Intrinsic Value Outstanding at September 30, 2012 $ 14,152,500
[1] (1) The restricted Company Preferred Stock listed in the table above was granted in connection with the Exchange Transaction to certain executives as discussed above. Each share of Company Preferred Stock was convertible into 8.89 shares of the Company's Common Stock. In conjunction with the reverse split effected on April 30, 2012 (as discussed in Note 1), all outstanding restricted Preferred Stock automatically converted to 1,150,000 shares of restricted Common Stock as of that date.