PROPERTY, PLANT AND EQUIPMENT, NET

12 Months Ended

Dec. 31, 2013

PROPERTY, PLANT AND EQUIPMENT, NET [Abstract]

7. PROPERTY, PLANT AND EQUIPMENT, NET

Property, plant and equipment, net, consist of the following:

	December 31,
	2012			2013
Cost
Buildings and plant	$	437,805,571		$	235,690,310
Machinery and equipment		344,782,948			355,429,034
Furniture, fixtures and equipment		9,233,575			21,329,752
Motor vehicles		519,923			262,562
Less: Accumulated depreciation		(133,746,851	)		(145,031,744	)
Property, plant and equipment, net	$	658,595,166		$	467,679,944
Construction in process		19,300,108			20,824,239
Total	$	677,895,274		$	488,504,183

Depreciation expense was $35,479,645, $37,371,791 and $52,250,595 for the years ended December 31, 2011, 2012 and 2013, respectively.

Due to the challenging solar market conditions resulting in lower ASP for polysilicon and wafers, combined with structural cost issues at Chongqing Daqo, the Company recognized impairments for long-lived assets of $38,512,376, $42,754,481 and $158,424,827 during the years ended December 31, 2011, 2012 and 2013, respectively.

- Definition

The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.

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