ACCRUED EXPENSES (Tables)

12 Months Ended

Dec. 31, 2013

ACCRUED EXPENSES [Abstract]

Schedule of Accrued Expenses

Accrued expenses consist of the following as of:

	December 31,
	2013		2012
Accrued professional fees	$	31,144	$	31,500
Dividends payable		177,876		28,542
Other		8,118		16,146
Total accrued expenses	$	217,138	$	76,188