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INCOME TAXES (Details 1) (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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| Loss before income taxes: | ||
| Results of Operations, Income before Income Taxes | $ 3,147,360 | $ 1,162,714 |
| Computed "expected" income tax expense (benefit) | (1,070,100) | (395,300) |
| State income taxes, net of federal benefit | (93,861) | (46,500) |
| Foreign rate differential | 74,106 | 0 |
| Travel, entertainment and other | 53,660 | 3,700 |
| Change in valuation allowance | 1,055,400 | 438,100 |
| Income tax expense (benefit) | 19,205 | 0 |
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United States [Member]
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| Loss before income taxes: | ||
| Results of Operations, Income before Income Taxes | 2,346,516 | 890,941 |
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Foreign [Member]
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| Loss before income taxes: | ||
| Results of Operations, Income before Income Taxes | $ 800,844 | $ 271,773 |
| X | ||||||||||
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- Definition
It represent expected income tax expense (benefit) in current period. No definition available.
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| X | ||||||||||
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- Definition
It represent valuation allowance during the period. No definition available.
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| X | ||||||||||
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- Definition
The component of income tax expense for the period representing amounts paid or payable (or refundable) as determined by applying the provisions of enacted state and local tax law to relevant amounts of taxable Income or Loss from continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The sum of the current income tax expense or benefit and the deferred income tax expense or benefit pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The portion of the difference, between total income tax expense or benefit as reported in the Income Statement for the period and the expected income tax expense or benefit computed by applying the domestic federal statutory income tax rates to pretax income from continuing operations, that is attributable to total foreign income tax expense or benefit. The foreign income tax expense or benefit difference represents the income tax expense or benefit at applicable domestic statutory income tax rates applied to foreign earnings or loss for the period versus the foreign income tax expense or benefit calculated by applying the appropriate foreign tax rates. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Income before income taxes for oil and gas producing activities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Details
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| X | ||||||||||
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- Definition
Expenses incurred for travel and entertainment during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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