INTANGIBLE ASSETS, NET (Details) (USD $)
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3 Months Ended | ||||||
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Mar. 31, 2013
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Mar. 31, 2012
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Dec. 31, 2012
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Finite-Lived Intangible Assets, Gross | $ 673,572 | $ 598,572 | |||||
Accumulated amortization | (43,873) | (38,740) | |||||
Intangible assets, net | 629,699 | 559,832 | |||||
Amortization expense | 5,133 | 3,759 | |||||
South Africa [Member]
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Finite-Lived Intangible Assets, Gross | 433,888 | 358,888 | |||||
Brazil [Member]
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Finite-Lived Intangible Assets, Gross | 135,000 | [1] | 135,000 | [1] | |||
Hungary [Member]
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Finite-Lived Intangible Assets, Gross | $ 104,684 | $ 104,684 | |||||
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- Definition
The aggregate expense charged against earnings to allocate the cost of intangible assets (nonphysical assets not used in production) in a systematic and rational manner to the periods expected to benefit from such assets. As a noncash expense, this element is added back to net income when calculating cash provided by or used in operations using the indirect method. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Accumulated amount of amortization of assets, excluding financial assets and goodwill, lacking physical substance with a finite life. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount before amortization of assets, excluding financial assets and goodwill, lacking physical substance with a finite life. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Sum of the carrying amounts of all intangible assets, excluding goodwill, as of the balance sheet date, net of accumulated amortization and impairment charges. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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