SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details 3) (USD $)	3 Months Ended		6 Months Ended		203 Months Ended
	Jun. 30, 2013	Jun. 30, 2012	Jun. 30, 2013	Jun. 30, 2012	Jun. 30, 2013
Income Taxes
Income tax benefit, net	$ (230,000)	$ (127,000)	$ (488,000)	$ (295,000)	$ (20,283,000)
Research and development tax credits from the HRMC			600,000
Tax expense estimated based on the application of IRS alternative minimum tax			80,000
Computation of basic earnings per share and diluted earnings per share for income from continuing operations
Net (loss) income from continuing operations (in dollars)	1,478,000	(3,379,000)	(1,620,000)	(6,173,000)	(256,209,000)
Deemed dividend on convertible exchangeable preferred shares (in dollars)			(8,366,000)		(11,881,000)
Dividend on convertible exchangeable preferred shares (in dollars)	(63,000)	(182,000)	(185,000)	(364,000)	(4,570,000)
Numerator for earnings per share for Income from continuing operations - Basic and Diluted (in dollars)	1,415,000	(3,561,000)	(10,171,000)	(6,537,000)
Weighted average shares of common stock outstanding - Basic	13,885,442	8,428,154	11,849,270	8,125,621
Dilutive effect of stock options (in shares)	41,929
Weighted average shares of common stock outstanding - Diluted	13,927,371	8,428,154	11,849,270	8,125,621
Net (loss) income from continuing operations - Basic (in dollars per share)	$ 0.10	$ (0.42)	$ (0.86)	$ (0.80)
Net (loss) income from continuing operations - Diluted (in dollars per share)	$ 0.10	$ (0.42)	$ (0.86)	$ (0.80)
Net loss per common share
Total shares excluded from calculation	2,075,507	3,040,457	2,228,230	3,040,457
Taxes recorded on items of other comprehensive income			$ 0
Stock options
Net loss per common share
Total shares excluded from calculation	334,996	508,766	487,719	508,766
Restricted Stock and Restricted Stock Units
Net loss per common share
Total shares excluded from calculation	123,143	44,138	123,143	44,138
Convertible preferred stock
Net loss per common share
Total shares excluded from calculation	25,573	73,747	25,573	73,747
Contingently issuable shares and common stock warrants associated with Economic Rights
Net loss per common share
Total shares excluded from calculation		440,375		440,375
Common stock warrants
Net loss per common share
Total shares excluded from calculation	1,591,795	1,973,431	1,591,795	1,973,431