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Selected Quarterly Financial Data (Unaudited) (Details) (USD $)
 3 Months Ended 12 Months Ended
Dec. 31, 2012
Sep. 30, 2012
Jun. 30, 2012
Mar. 31, 2012
Dec. 31, 2011
Sep. 30, 2011
Jun. 30, 2011
Mar. 31, 2011
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Fee income $ 552,044 $ 471,886 $ 450,828 $ 482,578 $ 353,934 $ 207,200 $ 140,407 $ 144,441 $ 1,957,336 $ 845,982 $ 767,522
Operating loss (612,787) [1] (869,788) [1] (793,041) [1] (1,434,553) [1] (834,328) [1] (812,400) [1] (923,394) [1] (1,593,220) [1] (3,710,169) (4,163,342) (3,890,382)
Net Loss $ (604,247) [1] $ (866,464) [1] $ (789,551) [1] $ (803,339) [1] $ (825,825) [1] $ (801,840) [1] $ (919,122) [1] $ (1,589,281) [1] $ (3,063,601) $ (4,134,068) $ (3,874,865)
Basic and diluted net loss per common share (in dollars per share) $ (0.03) [2] $ (0.04) [2] $ (0.04) [2] $ (0.04) [2] $ (0.04) [2] $ (0.04) [2] $ (0.05) [2] $ (0.09) [2] $ (0.15) $ (0.22) $ (0.22)
[1] The Company incurred higher costs in the first quarter of 2012 and 2011 relating primarily to: (i) $424,000 and $444,000 of stock and option compensation charges in the first quarter of 2012 and 2011 respectively relating to common stock and options granted to directors, employees and consultants, and (ii) $175,000 during the first quarter of 2012 and 2011 in directors’ fees.
[2] Since per share information is computed independently for each quarter and the full year, based on the respective average number of common shares outstanding, the sum of the quarterly per share amounts does not necessarily equal the per share amounts for the year.