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ACCOUNTS PAYABLE AND ACCRUED EXPENSES
9 Months Ended
Sep. 30, 2012
ACCOUNTS PAYABLE AND ACCRUED EXPENSES [Abstract]  
ACCOUNTS PAYABLE AND ACCRUED EXPENSES
5. ACCOUNTS PAYABLE AND ACCRUED EXPENSES

Accounts payable and accrued expenses consisted of the following:

 
September 30,
 
 
December 31,
 
 
2012
 
 
2011
 
Trade accounts payable and accrued expenses
 
$
465,153
 
 
$
407,954
 
Accrued legal and other professional fees
 
 
65,192
 
 
 
50,000
 
Accrued payroll and related costs
 
 
150,059
 
 
 
143,048
 
Total
 
$
680,406
 
 
$
601,002