INCOME TAXES (Details Textual) (USD $)
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12 Months Ended | |
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Dec. 31, 2012
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Dec. 31, 2011
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Valuation Allowance, Deferred Tax Asset, Change in Amount | $ 2,891,718 | $ 1,380,642 |
Research Tax Credit Carryforward [Member]
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Tax Credit Carryforward, Amount | 6,188 | |
Tax Credit Carry Forward Expiration Dates1 | expires in 2027 | |
Newyork Tax Authority [Member]
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Operating Loss Carryforwards | 4,100,000 | |
Operating Loss Carryforwards, Expiration Dates | expiring from 2030 to 2032 | |
Federal Tax Authority [Member]
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Operating Loss Carryforwards | $ 11,400,000 | |
Operating Loss Carryforwards, Expiration Dates | expire from 2027 to 2032 | |
New Jersey Tax Authority [Member]
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Operating Loss Carryforwards, Expiration Dates | expire from 2014 to 2019 |
X | ||||||||||
- Definition
Expiration date of the tax credit carryforward. No definition available.
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X | ||||||||||
- Definition
The sum of domestic, foreign and state and local operating loss carryforwards, before tax effects, available to reduce future taxable income under enacted tax laws. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition
The expiration date of each operating loss carryforward included in total operating loss carryforwards, or the applicable range of such expiration dates. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition
The amount of the tax credit carryforward, before tax effects, available to reduce future taxable income under enacted tax laws. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition
The amount of the change in the period in the valuation allowance for a specified deferred tax asset. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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