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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) (USD $)
6 Months Ended
Jun. 30, 2014
Common Stock [Member]
 
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]  
Share price $ 2.31 [1]
Warrant [Member]
 
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]  
Dividend yield   
Expected volatility 105.14% [2]
Risk free interest rate 1.14%
Expected term of options 3 years 8 months 12 days [3]
Fair value per Warrant with down-round protection $ 1.249
[1] Share Price reflects the fair value per share of the Company's Common Stock as of June 30, 2014 and was based on management's estimate, which considered, among other things, current expectation of management regarding the price of future issuances of equity-linked financial instruments.
[2] Due to the very low trading volume of the Company's Common Stock, the expected volatility was based on the historical volatility of the share price of other public companies that operate in the same industry sector as the Company.
[3] Due to the fact that the Company does not have sufficient historical exercise data, the expected term was determined based on the "simplified method" in accordance with Staff Accounting Bulletin No. 110.