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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details 3) - USD ($)
3 Months Ended 6 Months Ended
Sep. 30, 2013
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Earnings per share          
Stock options excluded from calculation of diluted EPS         1,800,000
Net income (loss)   $ 5,842,630 $ (1,389,823) $ 4,898,285 $ (3,428,215)
Preferred dividend requirements   (227,554) (228,999) (455,303) (457,998)
Earnings (loss) applicable to common shareholders   $ 5,615,076 $ (1,618,822) $ 4,442,982 $ (3,886,213)
Average common shares outstanding   27,741,052 27,332,483 27,702,276 27,295,586
Average common and common equivalent shares outstanding - assuming dilution   29,432,468 27,332,483 29,411,606 27,295,586
Basic earnings (loss) per share (in dollars per share)   $ 0.20 $ (0.06) $ 0.16 $ (0.14)
Diluted earnings (loss) per share (in dollars per share)   $ 0.19 $ (0.06) $ 0.15 $ (0.14)
Becton Dickinson and Company Case          
Litigation Proceeds          
Judgement Amount received $ 7,724,826