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ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES
 12 Months Ended
Dec. 31, 2012
ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES [Abstract]  
ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES

9. ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES

Accrued expenses and other current liabilities consist of the following:

 

                 
     December 31,  
     2011      2012  

Accrued payroll and welfare

    $ 3,822,426       $ 2,526,701   

Accrued professional fees

      928,957         700,000   

Guarantee Deposit

      131,473         62,507   

Other tax payable

      1,196,931         1,830,815   

Interest payable

      530,502         612,968   

Government subsidy

      757,310         882,640   

Others

      1,796,923         1,001,824   
    

 

 

     

 

 

  

Total

    $ 9,164,522       $ 7,617,455