The Honorable Minister Louis Farrakhan 
speaks at LeMoyne-Owen College on April 14, 2012 in Memphis, TN

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Accused Florida murderer George Zimmerman will be allowed to go free on bond after a dramatic two-hour hearing, where he took the stand and apologized for gunning down Trayvon Martin, an unarmed 17-year-old.

"I wanted to say I am sorry for the loss of your son," a stoic Zimmerman said from the witness stand. "I did not know how old he was. I thought he was a little bit younger than I am and I did not know if he was armed or not."

The judge ordered Zimmerman to remain in jail for one more day, but could be released while awaiting trial if his family posts a $150,000 bond. Prosecutors who charged the now infamous neighborhood watchman with second degree murder lost their argument that the bond be $1 million.

Once released, Zimmerman may even be able to leave Florida if conditions of electronic monitoring can be satisfied with officers responsible for tracking his whereabouts.