XML 81 R36.htm IDEA: XBRL DOCUMENT
v2.4.0.8

BORROWINGS (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2013
BORROWINGS [Abstract] |
Schedule of Bank Borrowings | The Group's bank borrowings consisted of the following:
|  | December 31, |
|  | 2012 |  |  | 2013 |
Short-term bank borrowings |  | $ | 49,748,800 |  |  | $ | 39,643,440 |
Long-term bank borrowings, current portion |  |  | 69,006,400 |  |  |  | 50,049,843 |
Other short-term borrowing |  |  | 1,524,560 |  |  |  | 29,177,574 |
Total borrowings, current |  |  | 120,279,760 |  |  |  | 118,870,857 |
Long-term bank borrowings, non-current portion |  |  | 187,520,880 |  |  |  | 134,870,287 |
Total |  | $ | 307,800,640 |  |  | $ | 253,741,144 |
Schedule of Short-Term Borrowings | The Group's short-term bank borrowing consisted of the following:
|  | December 31, |
|  | 2012 |  |  | 2013 |
Short-term borrowing guaranteed by Daqo Group |  | $ | 1,604,800 |  |  | $ | 28,080,770 |
Short-term borrowing guaranteed by Daqo Group and Mr. Guangfu Xu and Mr. Xiang Xu |  |  | 48,144,000 |  |  |  | - |
Short-term borrowing guaranteed by Daqo Group and a third party |  |  | - |  |  |  | 11,562,670 |
Total |  | $ | 49,748,800 |  |  | $ | 39,643,440 |
Schedule of Principal Maturities of Long-term Bank Borrowings | The principal maturities of these long-term bank borrowings as of December 31, 2013 are as follows:
December 31, |  | Amount |
2014 |  | $ | 50,049,843 |
2015 |  |  | 77,056,937 |
2016 |  |  | 57,813,350 |
Total |  | $ | 184,920,130 |

X
- Details
Name: | us-gaap_DebtDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation. + References No definition available. + Details
Name: | us-gaap_ScheduleOfDebtTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the combined aggregate amount of maturities and sinking fund requirements for all long-term borrowings for each of the five years following the date of the latest balance sheet date presented. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6802200&loc=d3e1835-112601 + Details
Name: | us-gaap_ScheduleOfMaturitiesOfLongTermDebtTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of short-term debt arrangements (having initial terms of repayment within one year or the normal operating cycle, if longer) including: (1) description of the short-term debt arrangement; (2) identification of the lender or type of lender; (3) repayment terms; (4) weighted average interest rate; (5) carrying amount of funds borrowed under the specified short-term debt arrangement as of the balance sheet date; (6) description of the refinancing of a short-term obligation when that obligation is excluded from current liabilities in the balance sheet; and (7) amount of a short-term obligation that has been excluded from current liabilities in the balance sheet because of a refinancing of the obligation. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 19 -Article 5 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.19) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
Name: | us-gaap_ScheduleOfShortTermDebtTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration