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STOCK-BASED COMPENSATION (Narrative) (Details) (USD $)
0 Months Ended 1 Months Ended 0 Months Ended 1 Months Ended 3 Months Ended 9 Months Ended 12 Months Ended
Jul. 02, 2012
Jul. 17, 2012
May 07, 2012
Mar. 31, 2012
Sep. 30, 2012
Sep. 30, 2012
Sep. 30, 2011
Dec. 31, 2011
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                
Aggregate number of common stock shares available for grant         4,341,989 4,341,989    
Stock options granted, shares 12,500 218,000 12,500 12,500        
Range of Exercise Price per Common Share, Granted and vested $ 1.22 $ 0.952 $ 2.06 $ 2.77        
Fair value of options granted $ 7,000 $ 125,257 $ 11,000 $ 15,300        
Stock option fair value assumptions, assumed volatility rate 94.92% 88.03% 95.21% 95.89%        
Stock option fair value assumptions, expiration term 3 years 4 years 3 years 3 years        
Stock option fair value assumptions, expected tenor 1 year 5 months 27 days 2 years 1 year 5 months 27 days 1 year 5 months 27 days        
Stock option fair value assumptions, risk-free rate 0.24% 0.24% 0.21% 0.21%        
Stock-based compensation expense           503,300 7,467,000  
Weighted average fair value of stock options granted           $ 4.68   $ 7.29
General and administrative expenses for stock options granted         477,000 503,300    
Non Executive Directors [Member]
               
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                
Aggregate number of common stock shares available for grant   600,000            
Fair value of options granted   $ 344,743