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PREPAID EXPENSE AND OTHER CURRENT ASSETS (Tables)

12 Months Ended

Dec. 31, 2013

PREPAID EXPENSE AND OTHER CURRENT ASSETS [Abstract]

Schedule of Prepaid Expense and Other Current Assets

Prepaid expense and other current assets consist of the following:

		December 31,
		2012				2013
Spare parts		$	3,975,860			$	6,264,805
Prepaid Value added tax ("VAT")			18,705,984				13,546,880
Prepaid insurance fee			471,721				1,016,625
Others			780,402				3,042,380
Total		$	23,933,967			$	23,870,690

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- Definition

Tabular disclosure of the amounts paid in advance for capitalized costs that will be expensed with the passage of time or the occurrence of a triggering event, and will be charged against earnings within one year or the normal operating cycle, if longer; the aggregate carrying amount of current assets, not separately presented elsewhere in the balance sheet; and other deferred costs.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.17)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

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