DEBT (Tables)

12 Months Ended

Dec. 31, 2012

DEBT [Abstract]

Long-term debt obligations

The Company's long-term debt obligations are as follows:

December 31,	2012		2011
Term loan agreement, collateralized by all business assets of the Company. Payable in sixty (60) monthly payments of approximately $77,500. Fully paid November 2012.	$	-	$	3,026,000
Installment loan agreement, collateralized by a leasehold improvement. Payable in twenty-four (24) monthly payments of approximately $2,800. The loan's imputed interest rate is 3.25% and matures March 2014.		41,000		-
Less: current portion		33,000		931,000
	$	8,000	$	2,095,000

Principal payments due on the Company's long-term debt

Principal payments due on the Company's long-term debt are as follows:

Year ending December 31,
2013	$	33,000
2014		8,000
	$	41,000