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ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES | 12 Months Ended
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Dec. 31, 2014
ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES [Abstract] |
ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES | 9. ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES Accrued expenses and other current liabilities consist of the following:
|  | December 31, |
|  | 2013 |  |  | 2014 |
Accrued payroll and welfare |  | $ | 2,588,312 |  |  | $ | 3,309,850 |
Accrued professional fees |  |  | 624,825 |  |  |  | 576,786 |
Other tax payable |  |  | 1,378,963 |  |  |  | 2,263,055 |
Interest payable |  |  | 305,087 |  |  |  | 148,995 |
Government subsidy |  |  | 908,496 |  |  |  | — |
Contingent liability (Note 17) |  |  | — |  |  |  | 400,000 |
Others |  |  | 1,655,938 |  |  |  | 2,256,977 |
Total |  | $ | 7,461,621 |  |  | $ | 8,955,663 |

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- Definition The entire disclosure for accounts payable and accrued liabilities at the end of the reporting period. + 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 210.5-02.19(a),20,24) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 19 -Subparagraph a -Article 5 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 20, 24 -Article 5 + Details
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