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BASIS OF PRESENTATION Basic and Diluted Earnings per Common Share (Details) (USD $)
3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Net income $ (2,812,307) $ 2,806,359
Basic weighted-average common shares outstanding 43,579,557 43,529,557
Warrants 0 0
Options $ 0 $ 0
Diluted weighted-average common shares outstanding 43,579,557 43,529,557
Basic earnings per share $ (0.06) $ 0.06
Diluted earnings per share $ (0.06) $ 0.06