COMMITMENTS AND CONTINGENCIES (Details Textual) (USD $)
6 Months Ended 12 Months Ended
Jun. 30, 2012
Dec. 31, 2011
Option Issued To Underwriter Term   45 days
Additional Units Allotted To Underwriters Upon Issuance Of Options   1,200,000
Underwriter Fee, Percentage 2.50%  
Deferred Underwriter Fee $ 2,000,000 $ 2,000,000