INCOME TAXES (Details Textual) (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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Net operating loss carryforwards | $ 2,538,400 | $ 1,660,200 |
Operating Loss Carryforwards, Expiration Dates | beginning in 2024 through 2031 | |
Capital loss carryforwards | 630,100 | 630,100 |
Capital Loss Carryforwards Expiration Dates | between 2015 and 2016 | |
Unrecognized Tax Benefits | 0 | 0 |
Unrecognized Tax Benefits, Interest on Income Taxes Accrued | 0 | 0 |
Valuation Allowance, Amount | 1,055,462 | 438,100 |
State and Local Jurisdiction [Member]
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Net operating loss carryforwards | 6,680,000 | 4,369,000 |
Foreign Tax Authority [Member]
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Net operating loss carryforwards | 1,073,000 | 272,000 |
Beginning 2015 To 2016 [Member]
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Capital loss carryforwards | $ 1,658,000 |
X | ||||||||||
- Definition
The expiration date of each capital loss carryforward included in total operating loss carryforwards, or the applicable range of such expiration dates. No definition available.
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- Definition
Amount before allocation of valuation allowances of deferred tax asset attributable to deductible capital loss carryforwards. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount before allocation of valuation allowances of deferred tax asset attributable to deductible operating loss carryforwards. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The expiration date of each operating loss carryforward included in total operating loss carryforwards, or the applicable range of such expiration dates. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The gross amount of unrecognized tax benefits pertaining to uncertain tax positions taken in tax returns as of the balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
This element represents the amount of interest expense accrued as of the date of the statement of financial position for an underpayment of income taxes computed by applying the applicable statutory rate of interest to the difference between a tax position recognized for financial reporting purposes and the amount previously taken or expected to be taken in a tax return of the entity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The amount of the valuation allowance recorded as of the balance sheet date pertaining to the specified deferred tax asset for which an assessment was made that it is more likely than not that all or a portion of such deferred tax asset will not be realized through related deductions on future tax returns. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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