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INCOME TAXES (Details) (USD $)
3 Months Ended 9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Sep. 30, 2011
Dec. 31, 2011
INCOME TAXES [Abstract]          
Net income tax expense (benefit) $ 316,772 $ 190,077 $ 1,223,000 $ (2,567,328)  
Decrease in deferred tax assets     619,410 (3,051,197)  
Deferred revenue recognized     2,400,000    
Deferred tax assets         $ 4,200,000