SHARE BASED COMPENSATION (Details Textual) (USD $)
|
3 Months Ended | 6 Months Ended | 3 Months Ended | 6 Months Ended | 1 Months Ended | 12 Months Ended | 6 Months Ended | 6 Months Ended | |||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Jun. 30, 2014
|
Jun. 30, 2013
|
Jun. 30, 2014
|
Jun. 30, 2013
|
Mar. 31, 2013
2012 Incentive Stock Option Plan[Member]
|
Jun. 30, 2014
2012 Incentive Stock Option Plan[Member]
|
Jun. 30, 2014
2014 Incentive Stock Plan[Member]
|
May 31, 2012
Incentive Stock Options Plan 2012 [Member]
|
Dec. 31, 2012
Incentive Stock Options Plan 2012 [Member]
|
Jun. 30, 2014
Incentive Stock Options Plan 2012 [Member]
|
Jun. 30, 2014
Incentive Stock Options Plan 2014 [Member]
|
Jun. 30, 2014
Incentive Stock Plan 2014 [Member]
Other than Stock Option [Member]
|
Jun. 30, 2014
Employee Stock Purchase Plan 2014 [Member]
|
|
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | |||||||||||||
Share-Based Compensation Arrangement By Share-Based Payment Award, Options, Grants In Period, Gross | 226,500 | 173,500 | 355,100 | 175,000 | |||||||||
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized | 550,000 | 1,800,000 | 200,000 | 300,000 | |||||||||
Share-based Compensation Arrangement by Share-based Payment Award, Expiration Period | 10 years | 10 years | 10 years | 10 years | 10 years | ||||||||
Employee Service Share-based Compensation, Nonvested Awards, Total Compensation Cost Not yet Recognized | $ 6,800,000 | ||||||||||||
Employee Service Share-based Compensation, Nonvested Awards, Total Compensation Cost Not yet Recognized, Period for Recognition | 2 years 4 months 17 days | ||||||||||||
Weighted Average Exercise Price, Options granted | $ 10.20 | $ 15.88 | $ 9.87 | $ 30.00 | |||||||||
Weighted-average grant date fair value (in dollars per share) | $ 7.83 | $ 11.52 | $ 8.76 | $ 23.50 | |||||||||
Share-Based Compensation Arrangement By Share-Based Payment Award, Options, Outstanding, Number | 226,500 | 355,100 | 150,000 | ||||||||||
Allocated Share-based Compensation Expense | $ 651,323 | $ 441,572 | $ 1,203,924 | $ 833,895 | |||||||||
Share-Based Compensation Arrangement By Share-Based Payment Award, Options, Forfeitures and Expirations In Period | 25,000 | ||||||||||||
Share-based Compensation Arrangement by Share-based Payment Award, Purchase Price of Common Stock, Percent | 85.00% | ||||||||||||
Share-based Compensation Arrangement by Share-based Payment Award, Terms of Award | the exercise price of an Incentive Stock Option may not be less than 110% of fair value of the common stock at the date of the grant for a 10% or more shareholder and 100% of fair value for a grantee who is not a 10% shareholder. | the exercise price of an incentive stock option may not be less than 110% of fair value of the common stock at the date of the grant for a 10% or more shareholder and 100% of fair value for a grantee who is not a 10% shareholder. | |||||||||||
Common Stock, Capital Shares Reserved for Future Issuance | 1,800,000 | 300,000 | |||||||||||
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights | Stock options granted pursuant to the Plans vest 1/3rd 12 months from the date of grant and 1/36th each month thereafter for 24 months | ||||||||||||
Share-based Compensation Arrangement by Share-based Payment Award, Method of Measuring Cost of Award | straight-line method |