SHAREHOLDERS' EQUITY (Details Textuals) (USD $)
3 Months Ended 9 Months Ended
Sep. 30, 2012
Sep. 30, 2012
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]    
Shares issued by company 3,515,105  
Vesting period of common shares issued to management employees   6 months
Restricted Stock
   
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]    
Independent Directors Annual Compensation to be paid quarterly   16,000
Restricted Stock | Director
   
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]    
Shares issued for services to management employees (in shares)   280,700
Common Stock | Management
   
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]    
Shares issued for services to management employees (in shares)   3,234,405
Cash compensation for shares issued for services   141,938
Stock based compensation based upon individual tax elections by each recipient   2,713.17