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STOCKHOLDERS' EQUITY (Tables)
9 Months Ended 12 Months Ended
Sep. 30, 2012
Dec. 31, 2011
Stockholders' Equity    
Schedule of redemption prices per share

 

 

Year from November 1, 2011 to October 31, 2012

 

$

10.18

 

Year from November 1, 2012 to October 31, 2013

 

$

10.12

 

Year from November 1, 2013 to October 31, 2014

 

$

10.06

 

November 1, 2014 and thereafter

 

$

10.00

 

 

Year from November 1, 2011 to October 31, 2012

 

$

10.18

 

Year from November 1, 2012 to October 31, 2013

 

$

10.12

 

Year from November 1, 2013 to October 31, 2014

 

$

10.06

 

November 1, 2014 and thereafter

 

$

10.00

 

 

Schedule of warrants outstanding

 

 

Issued in Connection With 

 

Expiration
Date

 

Common Shares
Issuable

 

Weighted
Average
Exercise
Price

 

April 2006 stock issuance

 

2013

 

367,347

 

$

49.00

 

February 2007 stock issuance

 

2014

 

151,773

 

$

59.08

 

December 2007 CEFF

 

2013

 

14,285

 

$

9.80

 

July 2009 Series II stock issuance

 

2014

 

98,893

 

$

7.00

 

January 2010 stock issuance

 

2015

 

101,785

 

$

22.82

 

January 2010 stock issuance

 

2015

 

100,714

 

$

19.95

 

October 2010 stock issuance

 

2015

 

594,513

 

$

13.44

 

July 2011 stock issuance

 

2015

 

544,117

 

$

9.52

 

 

 

 

 

 

 

 

 

 

Total

 

 

 

1,973,427

 

$

22.96

 

 

Issued in Connection With

 

Expiration
Date

 

Common Shares
Issuable

 

Weighted
Average
Exercise
Price

 

April 2006 stock issuance

 

2013

 

367,347

 

$

49.00

 

February 2007 stock issuance

 

2014

 

151,773

 

$

59.08

 

December 2007 CEFF

 

2013

 

14,285

 

$

9.80

 

July 2009 Series II stock issuance

 

2014

 

98,893

 

$

7.00

 

January 2010 stock issuance

 

2015

 

101,785

 

$

22.82

 

January 2010 stock issuance

 

2015

 

100,714

 

$

19.95

 

October 2010 stock issuance

 

2015

 

594,513

 

$

13.44

 

July 2011 stock issuance

 

2016

 

544,117

 

$

9.52

 

Total

 

 

 

1,973,427

 

$

22.96