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Selected Quarterly Financial Data (Unaudited) (Details) (USD $)
 3 Months Ended 12 Months Ended
Dec. 31, 2013
Sep. 30, 2013
Jun. 30, 2013
Mar. 31, 2013
Dec. 31, 2012
Sep. 30, 2012
Jun. 30, 2012
Mar. 31, 2012
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Selected Quarterly Financial Data (Unaudited) [Abstract]                      
Fee income $ 425,592 $ 506,692 $ 521,844 $ 707,231 $ 552,044 $ 471,886 $ 450,828 $ 482,578 $ 2,161,359 $ 1,957,336 $ 845,982
Operating loss (2,626,080) [1] (869,483) [1] (790,636) [1] (1,597,036) [1] (612,787) [1] (869,788) [1] (793,041) [1] (1,434,553) [1] (5,883,235) (3,710,169) (4,163,342)
Net Loss (2,616,469) [1] (859,954) [1] (779,480) [1] (1,589,184) [1] (604,247) [1] (866,464) [1] (789,551) [1] (803,339) [1] (5,845,087) (3,063,601) (4,134,068)
Basic and diluted net loss per common share $ (0.11) [2] $ (0.04) [2] $ (0.03) [2] $ (0.07) [2] $ (0.03) [2] $ (0.04) [2] $ (0.04) [2] $ (0.04) [2] $ (0.25) $ (0.15) $ (0.22)
Stock and option compensation       1,841,000       424,000 2,545,060 873,888 719,811
Directors' fees       $ 175,000       $ 175,000      
[1] The Company incurred higher costs in the first and fourth quarter of 2013 and the first quarter of 2012 relating primarily to: (i) $1,841,000 and $424,000 of stock and option compensation charges in the 2013 and 2012, respectively, relating to common stock and options granted to directors, employees and consultants, and (ii) $175,000 in the first quarter of 2013 and 2012, respectively, 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.