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ASSET RETIREMENT OBLIGATIONS (Tables) | 6 Months Ended
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Jun. 30, 2013
ASSET RETIREMENT OBLIGATIONS |
Schedule of change in the balance of the restoration and reclamation liability |
Reserve for future restoration and reclamation costs, beginning of year |  | $ | 4,498,057 |
Additions and changes in cash flow estimates |  | 584,025 |
Costs incurred |  | (933,897 | )
Accretion expense |  | 194,870 |
Reserve for future restoration and reclamation costs, end of period |  | $ | 4,343,055 |

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- Definition Tabular disclosure of the changes in carrying amount of a liability for asset retirement obligations, for changes such as new obligations, changes in estimates of existing obligations, spending on existing obligations, property dispositions, and foreign currency translation. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 410 -SubTopic 30 -Section 50 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=6393242&loc=d3e13201-110859 + Details
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