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SHAREHOLDERS' EQUITY (Tables)

6 Months Ended

Jun. 30, 2013

SHAREHOLDERS' EQUITY

Schedule of changes in shareholders' equity

		Common Stock					Paid-In			Accumulated			Treasury
		Shares		Amount			Capital			Deficit			Stock
Balances, December 31, 2012		16,150,163		$	16,154		$	207,338,549		$	(162,201,908	)	$	(9,418	)
Net loss		—		—			—			(7,997,178		)	—
Stock compensation expense		—		—			183,316			—			—
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			3,597,884			—			—
Common stock issued for services		83,200		83			291,417			—			—
Restricted stock issuance		246,925		247			(247		)	—			—
Balances, June 30, 2013		20,020,258		$	20,024		$	216,504,760		$	(170,199,086	)	$	(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

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