SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Detail Textuals 1) (Restricted Stock, USD $)
In Millions, except Share data, unless otherwise specified |
12 Months Ended | ||
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Dec. 31, 2012
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Dec. 31, 2011
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Jun. 01, 2011
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Restricted Stock
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Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | |||
Issuance of shares of restricted stock | 660,000 | ||
Closing price of restricted stock (in dollars per share) | $ 3.88 | ||
Stock compensation expense | $ 1.20 | $ 0.07 | |
Restricted shares unvested stock granted | 639,999 | ||
Majority of the shares vested | 600,000 | ||
Majority of shares vesting date | Jun. 01, 2013 | ||
Vesting period of remaining shares | 3 years | ||
Number of remaining shares vested on June 1, 2012 (in shares) | 20,001 | ||
Remaining shares vested date | Jun. 01, 2012 | ||
Number of remaining shares vested on June 1, 2013 (in shares) | 20,001 | ||
Remaining shares vested date | Jun. 01, 2013 | ||
Number of remaining shares vested on June 1, 2014 (in shares) | 19,998 | ||
Remaining shares vested date | Jun. 01, 2014 |
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- Definition
This element represents restricted stocks of unvested stock granted. No definition available.
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- Definition
Represents closing price per share of restricted stock. No definition available.
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- Definition
No authoritative reference available. No definition available.
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- Definition
Date at which number of remaining share instruments expire in CCYY-MM-DD format, under a share-based compensation plan. No definition available.
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- Definition
Date at which number of remaining share instruments expire in CCYY-MM-DD format, under a share-based compensation plan. No definition available.
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- Definition
Date at which number of remaining share instruments expire in CCYY-MM-DD format, under a share-based compensation plan. No definition available.
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- Definition
Number of remaining share instruments will be vested on June'1, 2012 under a share-based compensation plan. No definition available.
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- Definition
Number of remaining share instruments will be vested on June'1, 2014 under a share-based compensation plan. No definition available.
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- Definition
Number of remaining share instruments will be vested on June'1, 2013 under a share-based compensation plan. No definition available.
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- Definition
The amount of expense, net of income tax, recognized during the period arising from equity-based compensation arrangements (for example, shares of stock, unit, stock options or other equity instruments) with employees, directors and certain consultants qualifying for treatment as employees. No definition available.
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- Definition
Period which an employee's right to exercise an award is no longer contingent on satisfaction of either a service condition, market condition or a performance condition, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Date the equity-based award expires, in CCYY-MM-DD format. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Definition
The maximum number of shares (or other type of equity) originally approved (usually by shareholders and board of directors), net of any subsequent amendments and adjustments, for awards under the equity-based compensation plan. As stock or unit options and equity instruments other than options are awarded to participants, the shares or units remain authorized and become reserved for issuance under outstanding awards (not necessarily vested). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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