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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details 3) (USD $)	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
Earnings per share
Stock options excluded from calculation of diluted EPS	1,800,000us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	2,000,000us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
Net loss	$ (944,345)us-gaap_NetIncomeLoss	$ (2,038,392)us-gaap_NetIncomeLoss
Preferred dividend requirements	(227,749)us-gaap_PreferredStockDividendsIncomeStatementImpact	(228,999)us-gaap_PreferredStockDividendsIncomeStatementImpact
Loss applicable to common shareholders	$ (1,172,094)us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic	$ (2,267,391)us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic
Average common shares outstanding	27,663,500us-gaap_WeightedAverageNumberOfSharesOutstandingBasic	27,258,689us-gaap_WeightedAverageNumberOfSharesOutstandingBasic
Average common and common equivalent shares outstanding - assuming dilution	27,663,500us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding	27,258,689us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding
Basic earnings (loss) per share(in dollars per share)	$ (0.04)us-gaap_EarningsPerShareBasic	$ (0.08)us-gaap_EarningsPerShareBasic
Diluted earnings (loss) per share (in dollars per share)	$ (0.04)us-gaap_EarningsPerShareDiluted	$ (0.08)us-gaap_EarningsPerShareDiluted

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- Definition

Securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) or earnings per unit (EPU) in the future that were not included in the computation of diluted EPS or EPU because to do so would increase EPS or EPU amounts or decrease loss per share or unit amounts for the period presented.

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The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period.

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