[ERROR] Unable to run command "build"

1. Application type: mobile
2. Titanium SDK: version 3.1.3.GA
3. Platform & version: iOS 6.1, Android 4.4
4. Device: iOS simulator, Android emulator
5. Host Operating System: OSX 10.8.5
6. Titanium Studio: build: 3.1.3.201309132423

Logs:

Titanium Command-Line Interface, CLI version 3.1.2, Titanium SDK version 3.1.3.GA
Copyright (c) 2012-2013, Appcelerator, Inc.  All Rights Reserved.
Please report bugs to http://jira.appcelerator.org/
[DEBUG] :  Detecting plugins in /***/plugins
[DEBUG] :  Detected plugin: ti.alloy @ /***/plugins/ti.alloy
[DEBUG] :  Looking for Titanium plugin id: ti.alloy version: 1.0
[DEBUG] :  Loaded plugin hooks:
[DEBUG] :  /Applications/Titanium Studio/mobilesdk/osx/3.1.3.GA/cli/hooks/plugins.js
[DEBUG] :  /Applications/Titanium Studio/mobilesdk/osx/3.1.3.GA/iphone/cli/hooks/install.js
[DEBUG] :  /Applications/Titanium Studio/mobilesdk/osx/3.1.3.GA/iphone/cli/hooks/package.js
[DEBUG] :  /Applications/Titanium Studio/mobilesdk/osx/3.1.3.GA/iphone/cli/hooks/run.js
[DEBUG] :  /***/plugins/ti.alloy/hooks/alloy.js
[DEBUG] :  Titanium iOS SDK directory: /Applications/Titanium Studio/mobilesdk/osx/3.1.3.GA/iphone
[INFO] :   Deploy type: development
[INFO] :   Building for target: simulator
[INFO] :   Building using iOS SDK: 6.1
[INFO] :   Building for iOS iPhone Simulator: 6.1
[INFO] :   Building for device family: iphone
[DEBUG] :  Setting Xcode target to Debug
[DEBUG] :  Setting Xcode build OS to iphonesimulator6.1
[DEBUG] :  Xcode installation: /Applications/Xcode.app/Contents/Developer
[DEBUG] :  iOS WWDR certificate: installed
[INFO] :   Minimum iOS version: 5.0
[INFO] :   Debugging disabled
[INFO] :   Profiler disabled
[INFO] :   Initiating prepare phase
[DEBUG] :  Building for the following architectures: armv7 armv7s i386
[ERROR] Unable to run command "build"
Error: Offset is out of bounds 0 [  Error: Offset is out of bounds ,
       at fs.readSync (fs.js:476:19) ,
       at build.hashFile (/Applications/Titanium Studio/mobilesdk/osx/3.1.3.GA/iphone/cli/commands/_build.js:993:9) ,
       at build.preparePhase (/Applications/Titanium Studio/mobilesdk/osx/3.1.3.GA/iphone/cli/commands/_build.js:1026:29) ,
       at build (/Applications/Titanium Studio/mobilesdk/osx/3.1.3.GA/iphone/cli/commands/_build.js:961:8) ,
       at /Applications/Titanium Studio/mobilesdk/osx/3.1.3.GA/iphone/cli/commands/_build.js:791:30 ,
       at /usr/local/lib/node_modules/titanium/lib/cli.js:116:18 ,
       at /usr/local/lib/node_modules/titanium/node_modules/async/lib/async.js:190:13 ,
       at async.forEachSeries (/usr/local/lib/node_modules/titanium/node_modules/async/lib/async.js:104:20) ,
       at _asyncMap (/usr/local/lib/node_modules/titanium/node_modules/async/lib/async.js:184:9) ,
       at Object.mapSeries (/usr/local/lib/node_modules/titanium/node_modules/async/lib/async.js:174:23) ,
   --------------------------------------------- ,
       at exports.execFile (child_process.js:691:9) ,
       at exports.exec (child_process.js:578:18) ,
       at async.series.cached (/Applications/Titanium Studio/mobilesdk/osx/3.1.3.GA/node_modules/node-appc/lib/android.js:86:4) ,
       at /Applications/Titanium Studio/mobilesdk/osx/3.1.3.GA/node_modules/async/lib/async.js:486:21 ,
       at /Applications/Titanium Studio/mobilesdk/osx/3.1.3.GA/node_modules/async/lib/async.js:185:13 ,
       at iterate (/Applications/Titanium Studio/mobilesdk/osx/3.1.3.GA/node_modules/async/lib/async.js:108:13) ,
       at /Applications/Titanium Studio/mobilesdk/osx/3.1.3.GA/node_modules/async/lib/async.js:119:25 ,
       at /Applications/Titanium Studio/mobilesdk/osx/3.1.3.GA/node_modules/async/lib/async.js:187:17  ]
    at fs.readSync (fs.js:476:19) 1 [  Error: Offset is out of bounds ,
       at fs.readSync (fs.js:476:19) ,
       at build.hashFile (/Applications/Titanium Studio/mobilesdk/osx/3.1.3.GA/iphone/cli/commands/_build.js:993:9) ,
       at build.preparePhase (/Applications/Titanium Studio/mobilesdk/osx/3.1.3.GA/iphone/cli/commands/_build.js:1026:29) ,
       at build (/Applications/Titanium Studio/mobilesdk/osx/3.1.3.GA/iphone/cli/commands/_build.js:961:8) ,
       at /Applications/Titanium Studio/mobilesdk/osx/3.1.3.GA/iphone/cli/commands/_build.js:791:30 ,
       at /usr/local/lib/node_modules/titanium/lib/cli.js:116:18 ,
       at /usr/local/lib/node_modules/titanium/node_modules/async/lib/async.js:190:13 ,
       at async.forEachSeries (/usr/local/lib/node_modules/titanium/node_modules/async/lib/async.js:104:20) ,
       at _asyncMap (/usr/local/lib/node_modules/titanium/node_modules/async/lib/async.js:184:9) ,
       at Object.mapSeries (/usr/local/lib/node_modules/titanium/node_modules/async/lib/async.js:174:23) ,
 
...