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Debt Extinguishment (Tables)
 12 Months Ended
Dec. 31, 2012
Debt Disclosure [Abstract]  
Schedule of debt extinguishment
 
 
 
 
December 31, 2010

 
 
 
 
 
 
Net Book Value of Long-Term Notes Payable
 
 
$
34,558,425

 
Consideration:
Number of shares
 
 
 
Fair Value of Stock issued to Noteholders
7,407,407

 
(7,777,777
)
 
Cash
 
 
(25,999,999
)
 
Warrants to purchase shares of Common Stock
7,750,000

 
(5,509,893
)
 
 
 
 
 
 
Loss on Extinguishment of Notes
 
 
(4,729,244
)
 
 
 
 
 
 
Gain (Loss) on Debt Extinguishment of PharmaBio Debt
 
 
310,622

 
Write-off of Deferred Charges
 
 
(738,153
)
 
Net Loss on Debt Extinguishment
 
 
$
(5,156,775
)