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SIGNIFICANT ACCOUNTING POLICIES (Details Textual)
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3 Months Ended | 12 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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| Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount | 5,001,458 | 2,557,008 | |
| Equity Investments Description | The Company also has equity investments in which it owns less than 20% which are stated at cost. | ||
| Finite-Lived Intangible Asset, Useful Life | 20 years | ||
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Accounting Standards Update 2012-02 [Member]
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| New Accounting Pronouncement or Change in Accounting Principle, Description | On July 27, 2012, the FASB issued Accounting Standards Update No. 2012-02, Intangibles-Goodwill and Other (Topic 350): Testing Indefinite-Lived Intangible Assets for Impairment. The Update simplifies the guidance for testing the decline in the realizable value (impairment) of indefinite-lived intangible assets other than goodwill. Examples of intangible assets subject to the guidance include indefinite-lived trademarks, licenses, and distribution rights. The amendment allows an organization the option to first assess qualitative factors to determine whether it is necessary to perform the quantitative impairment test. An organization electing to perform a qualitative assessment is no longer required to calculate the fair value of an indefinite-lived intangible asset unless the organization determines, based on a qualitative assessment, that it is "more likely than not" that the asset is impaired. Under former guidance, an organization was required to test an indefinite-lived intangible asset for impairment on at least an annual basis by comparing the fair value of the asset with its carrying amount. If the carrying amount of an indefinite-lived intangible asset exceeded its fair value, an impairment loss was recognized in an amount equal to the difference. The amendments in this Update are effective for annual and interim impairment tests performed for fiscal years beginning after September 15, 2012. The Company is currently evaluating the impact of this Update, but does not expect the Update to have a material impact on the consolidated financial statements. | ||
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Accounting Standards Update 2013-02 [Member]
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| New Accounting Pronouncement or Change in Accounting Principle, Description | On February 5, 2013, the FASB issued Accounting Standards Update No. 2013-02, Comprehensive Income (Topic 220): Reporting of Amounts Reclassified Out of Accumulated Other Comprehensive Income. The standard is intended to improve the reporting of reclassifications out of accumulated other comprehensive income of various components. The amendments in this Update are effective for annual and interim periods beginning after December 15, 2012. The adoption of ASC No. 2013-12 did not have a material impact on the company's consolidated financial statements. | ||