XML 36 R21.htm IDEA: XBRL DOCUMENT v2.4.0.6
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details 3) (USD $)
 3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Earnings per share    
Stock options excluded from calculation of diluted EPS 500,000 1,700,000
Net loss $ (1,409,533) $ (714,429)
Preferred dividend requirements (229,068) (229,527)
Loss applicable to common shareholders $ (1,638,601) $ (943,956)
Average common shares outstanding 27,238,495 25,318,700
Average common and common equivalent shares outstanding - assuming dilution 27,238,495 25,318,700
Basic loss per share (in dollars per share) $ (0.06) $ (0.04)
Diluted loss per share (in dollars per share) $ (0.06) $ (0.04)