RELATED PARTY TRANSACTIONS (Details) (USD $)
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36 Months Ended | 12 Months Ended | 3 Months Ended | 36 Months Ended | 12 Months Ended | 1 Months Ended | 36 Months Ended | 12 Months Ended | 1 Months Ended | 36 Months Ended | 12 Months Ended | |||||||||||||||||||||||||||||||||
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Dec. 31, 2012
Employees [Member]
Stock Option [Member]
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Dec. 31, 2012
Employees [Member]
Stock Option [Member]
Minimum [Member]
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Dec. 31, 2012
Employees [Member]
Stock Option [Member]
Maximum [Member]
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Dec. 31, 2013
Employees [Member]
Stock Option [Member]
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Dec. 31, 2013
Employees [Member]
Stock Option [Member]
Minimum [Member]
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Dec. 31, 2013
Employees [Member]
Stock Option [Member]
Maximum [Member]
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Jun. 30, 2011
Employees and Officers [Member]
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Dec. 31, 2012
Employees and Officers [Member]
Stock Option [Member]
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Dec. 31, 2013
Employees and Officers [Member]
Stock Option [Member]
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Dec. 31, 2013
Employees and Officers [Member]
Stock Option [Member]
Minimum [Member]
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Dec. 31, 2013
Employees and Officers [Member]
Stock Option [Member]
Maximum [Member]
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Feb. 29, 2012
Directors [Member]
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Dec. 31, 2012
Directors [Member]
Stock Option [Member]
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Dec. 31, 2012
Directors [Member]
Stock Option [Member]
Minimum [Member]
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Dec. 31, 2012
Directors [Member]
Stock Option [Member]
Maximum [Member]
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Dec. 31, 2013
Directors [Member]
Stock Option [Member]
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Dec. 31, 2013
Directors [Member]
Stock Option [Member]
Minimum [Member]
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Dec. 31, 2013
Directors [Member]
Stock Option [Member]
Maximum [Member]
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Oct. 31, 2010
Chief Executive Officer and Chief Scientific Officer [Member]
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Jul. 31, 2010
Chief Executive Officer and Chief Scientific Officer [Member]
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Mar. 31, 2010
Chief Executive Officer and Chief Scientific Officer [Member]
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Dec. 31, 2012
Chief Executive Officer and Chief Scientific Officer [Member]
Stock Option [Member]
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Dec. 31, 2013
Chief Executive Officer and Chief Scientific Officer [Member]
Stock Option [Member]
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Date of grant | Dec. 31, 2012 | Sep. 30, 2011 | Jul. 31, 2010 | Mar. 31, 2013 | ||||||||||||||||||||||||||||||||||||||||
Date of grant start | Jan. 31, 2013 | Jan. 31, 2013 | Apr. 30, 2012 | May 31, 2013 | ||||||||||||||||||||||||||||||||||||||||
Date of grant end | Dec. 31, 2013 | Jun. 30, 2013 | Sep. 30, 2011 | Oct. 31, 2013 | ||||||||||||||||||||||||||||||||||||||||
Fair value of common stock on date of grant | $ 4.11 | [1] | $ 4.24 | [1] | $ 2.05 | [1] | $ 5.19 | [1] | $ 1.25 | $ 0.9060 | [2] | $ 4.11 | [1] | $ 4.58 | [1] | $ 6.00 | $ 0.9060 | [2] | $ 6.00 | [3] | $ 2.04 | [1] | $ 6.59 | [1] | $ 2.756 | $ 6.00 | $ 3.00 | $ 2.7560 | [4] | $ 6.57 | [1] | |||||||||||||
Exercise price of the options | $ 4.11 | $ 4.24 | $ 2.05 | $ 5.19 | $ 1.25 | $ 4.11 | $ 4.58 | $ 1.25 | $ 6.00 | $ 2.04 | $ 6.59 | $ 5.00 | $ 6.57 | |||||||||||||||||||||||||||||||
Expected life of the options (years) | 5 years 8 months 26 days | 6 years 1 month 10 days | 6 years 1 month 2 days | 6 years 1 month 10 days | 5 years 7 months 24 days | 5 years | 6 years 1 month 10 days | 5 years | 5 years 7 months 24 days | 5 years | 5 years 3 months 22 days | 3 years 3 months 29 days | 5 years | |||||||||||||||||||||||||||||||
Dividend yield | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | ||||||||||||||||||||||||||||||||||||
Expected volatility | 42.44% | 44.58% | 40.73% | 41.81% | 53.90% | 40.96% | 41.05% | 53.90% | 62.46% | 41.06% | 41.53% | 58.59% | 47.09% | |||||||||||||||||||||||||||||||
Risk-free interest rate | 0.91% | 0.99% | 1.73% | 1.97% | 1.08% | 1.03% | 1.36% | 0.89% | 1.08% | 0.73% | 1.49% | 1.03% | 1.13% | |||||||||||||||||||||||||||||||
Expected forfeiture per year (%) | 10.00% | 10.00% | 10.00% | 10.00% | 0.00% | 10.00% | 0.00% | 0.00% | ||||||||||||||||||||||||||||||||||||
Weighted-average fair value of the options (per unit) | 1.7426 | 1.7842 | 0.878 | 2.18 | 0.3579 | 1.69 | 1.89 | 0.3579 | 3.3067 | 0.790 | 2.49 | 0.6744 | 2.70 | |||||||||||||||||||||||||||||||
Exercise Price of Warrants | $ 1.60 | |||||||||||||||||||||||||||||||||||||||||||
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