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EARNINGS (LOSS) PER SHARE (Details) (USD $)
 0 Months Ended 3 Months Ended 9 Months Ended
May 14, 2013
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
EARNINGS (LOSS) PER SHARE          
Percentage of dividend paid on common stock 5.00%     0.00%  
Numerator:          
Net income   $ (4,009,477) $ (3,951,687) $ (3,761,777) $ (1,604,244)
Denominator:          
Basic - weighted average common shares outstanding   21,957,167 21,832,831 21,956,804 21,805,692
Basic EPS (in dollars per share)   $ (0.18) $ (0.18) $ (0.17) $ (0.07)
Numerator:          
Net income   $ (4,009,477) $ (3,951,687) $ (3,761,777) $ (1,604,244)
Denominator:          
Weighted average common shares outstanding   21,957,167 21,832,831 21,956,804 21,805,692
Effect of Dilutive Securities:          
Diluted - weighted average common shares outstanding   21,957,167 21,832,831 21,956,804 21,805,692
Diluted EPS (in dollars per share)   $ (0.18) $ (0.18) $ (0.17) $ (0.07)