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ADVANCES FROM CUSTOMERS (Tables)
12 Months Ended
Dec. 31, 2012
ADVANCES FROM CUSTOMERS [Abstract]  
Schedule of Advances from Customers

Advances from customers consist of the following and is analyzed as long and short portion respectively:

 

                 
     December 31,  
     2011      2012  

Customer C

   $ 16,119,606       $ 15,532,572   

Customer I

     -           6,852,496   

Customer F

     7,364,873         3,462,084   

Customer B

     7,026,172         -     

Customer A

     2,211,201         -     

Customer E

     2,156,858         1,532,632   

Others

     3,689,634         2,016,454   
    

 

 

    

 

 

 

Total

   $ 38,568,344       $ 29,396,238   
    

 

 

    

 

 

 

Less: Current portion of Advance from customers

   $ 26,060,543       $ 29,396,238   
    

 

 

    

 

 

 

Long term advance from customers

   $ 12,507,801       $ -