ACCRUED EXPENSES (Schedule of Accrued Liabilities) (Details) (USD $)	Dec. 31, 2013	Dec. 31, 2012
ACCRUED EXPENSES [Abstract]
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