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DERIVATIVE WARRANT LIABILITY (Details) (USD $)
6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
DERIVATIVE WARRANT LIABILITY    
Beginning balance $ 1,119,155 $ 5,585,141
Total unrealized losses included in net loss 176,000 781,686
Total unrealized gains included in net loss (709,000) [1] (5,305,000)
Total realized gains included in net loss    [1] (152,668)
Reclassification of derivative warrant liability to additional paid-in capital for derivative warrants exercised      
Ending balance $ 586,155 $ 909,155
[1] Included in Gain (Loss) on Revaluation of Derivative Warrant Liability in the Consolidated Statement of Operations.