Quarterly report pursuant to sections 13 or 15(d)

AUGUST 2013 FINANCING (Details Textual)

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AUGUST 2013 FINANCING (Details Textual) (USD $)
9 Months Ended
Sep. 30, 2013
Stock Issued During Period Value Warrants Exercised1 $ 10,042,033
Common Stock [Member]
 
Stock Issued During Period Shares Warrants Exercised1 2,680,000
Stock Issued During Period Value Warrants Exercised1 2,680
Class of Warrant or Right, Exercise Price of Warrants or Rights 4.25
Underwriters warrants [Member]
 
Class of Warrant or Right, Exercise Price of Warrants or Rights 4.25
AUGUST 2013 FINANCING [Member]
 
Description of Unit Each Unit consisted of (i) one share of common stock and (ii) one Series A Warrant (the Warrants) to purchase one share of common stock.
Description of option granted under Underwriting Agreement option for a period of 45 days to purchase up to (i) 402,000 additional Units or (ii) 402,000 additional shares of common stock and/or additional Warrants to purchase up to 402,000 shares of common stock, on the same terms, to cover over-allotments, if any.
Underwriters exercised over-allotment option to purchase additional warrants 402,000
Warrants granted under Underwriting Agreement 107,200
Class of Warrant or Right, Exercise Price of Warrants or Rights 4.25
AUGUST 2013 FINANCING [Member] | Common Stock [Member]
 
Stock Issued During Period Shares Warrants Exercised1 2,680,000
AUGUST 2013 FINANCING [Member] | Underwriters warrants [Member]
 
Proceeds from Issuance of Warrants 10,038,013
Expense Related to Distribution or Servicing and Underwriting Fees 440,787
Underwriters Exercised Overallotment Option To Purchase Additional Warrants Value 4,020
Discount On Warrants 8.00%
Discount [Member]
 
Stock Issued During Period Value Warrants Exercised1 $ 911,200
Class of Warrant or Right, Exercise Price of Warrants or Rights 0.34