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STOCK-BASED COMPENSATION (Tables)
6 Months Ended
Jun. 30, 2012
Disclosure Of Compensation Related Costs, Share-Based Payments [Abstract]  
Schedule of Share-based Payment Award, Employee Stock Purchase Plan, Valuation Assumptions [Table Text Block]

We did not grant any stock options during the three or six months ended June 30, 2011. We used the following forward-looking range of assumptions to value each stock option granted to employees, consultants and directors during the three months ended June 30, 2012:

 

    2012  
       
Dividend yield     0.0 %
Risk-free rate of return     1.0 %
Expected life in years     4.00  
Volatility     72 %
Forfeiture rate     2.6 %