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LOSS PER SHARE | 12 Months Ended
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Sep. 30, 2012
Earnings Per Share [Abstract] |
LOSS PER SHARE | NOTE I—LOSS PER SHARE The following table presents the computation of basic and diluted loss per share:
​ | ​ | ​ | ​ | For the Year Ended September 30, 2012 | ​ | ​ | For the Year Ended September 30, 2011 | ​
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​ | Net loss available for common shareholders | ​ | ​ | ​ | $ | (7,150,712 | ) | ​ | ​ | ​ | ​ | $ | (10,515,124 | ) | ​ | ​
​ | Net Loss per share–basic and diluted | ​ | ​ | ​ | $ | (0.74 | ) | ​ | ​ | ​ | ​ | $ | (1.67 | ) | ​ | ​
​ | Weighted average common shares outstanding–basic | ​ | ​ | ​ | ​ | 9,601,525 |  | ​ | ​ | ​ | ​ | ​ | 6,280,563 |  | ​ | ​
​ | Weighted average common shares outstanding–diluted | ​ | ​ | ​ | ​ | 9,601,525 |  | ​ | ​ | ​ | ​ | ​ | 6,280,563 |  | ​ | ​
​ |  | ​ | ​ |  |  | ​ |  | ​ | ​ |  |  | ​ |  | ​
During the years ended September 30, 2012 and 2011, common stock equivalents are not considered in the calculation of the weighted average number of common shares outstanding because they would be anti-dilutive, thereby decreasing the net loss per common share.

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- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=7655603&loc=d3e1278-109256 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=7655603&loc=d3e1252-109256 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 55 -Paragraph 52 -URI http://asc.fasb.org/extlink&oid=32703322&loc=d3e4984-109258 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 225 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.21) -URI http://asc.fasb.org/extlink&oid=26872669&loc=d3e20235-122688 + Details
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