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SHAREHOLDERS' EQUITY (Tables) | 3 Months Ended
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Mar. 31, 2013
SHAREHOLDERS' EQUITY |
Schedule of changes in shareholders equity |
|  | Common Stock |  | Paid-In |  | Accumulated |  | Treasury |
|  | Shares |  | Amount |  | Capital |  | Deficit |  | Stock |
Balances, December 31, 2012 |  | 16,150,161 |  | $ | 16,154 |  | $ | 207,338,549 |  | $ | (162,201,908 | ) | $ | (9,418 | )
Net loss |  | — |  | — |  | — |  | (4,150,592 | ) | — |
Stock compensation expense |  | — |  | — |  | 244,985 |  | — |  | — |
Common stock issued — payment of loan principal and interest |  | 1,992,127 |  | 1,992 |  | 5,093,841 |  | — |  | — |
Common stock issued — shareholder rights offering |  | 1,547,843 |  | 1,548 |  | 3,632,335 |  | — |  | — |
Common stock issued for services |  | 83,200 |  | 83 |  | 291,417 |  | — |  | — |
Restricted stock issuance |  | 48,350 |  | 48 |  | (48 | ) | — |  | — |
Balances, March 31, 2013 |  | 19,821,681 |  | $ | 19,825 |  | $ | 216,601,079 |  | $ | (166,352,500 | ) | $ | (9,418 | )

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- Definition Tabular disclosure of changes in the separate accounts comprising stockholders' equity (in addition to retained earnings) and of the changes in the number of shares of equity securities during at least the most recent annual fiscal period and any subsequent interim period presented is required to make the financial statements sufficiently informative if both financial position and results of operations are presented. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21463-112644 + Details
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