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SERIES A CONVERTIBLE REDEEMABLE PREFERRED SHARES (Tables)
 12 Months Ended
Dec. 31, 2012
SERIES A CONVERTIBLE REDEEMABLE PREFERRED SHARES [Abstract]  
Schedule of Reconciliation of Convertible Redeemable Preferred Shares

The reconciliation of the Series A Convertible Redeemable Preferred Shares is as follows:

 

         
     Year Ended
December 31,
2010		  

Mezzanine equity-Series A convertible redeemable preferred shares beginning balance

    $ 55,602,740   

Deemed dividend on Series A convertible redeemable preferred shares

      3,300,000   

Conversion into ordinary shares

      (58,902,740 ) 
    

 

 

  

Mezzanine equity-Series A convertible redeemable preferred shares ending balance

    $ -