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RELATED PARTY TRANSACTIONS AND BALANCES (Tables) | 12 Months Ended
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Dec. 31, 2014
RELATED PARTY TRANSACTIONS AND BALANCES [Abstract] |
Schedule of Related Party Balances, Loans |
|  | December 31, |
|  | 2013 |  |  | 2014 |
Amount due from related party |  |  |  |  |  |  |  |
Zhenjiang Daqo |  | $ | 6,898,980 |  |  | $ | 4,551,846 |
Daqo Group |  |  | 6,465,561 |  |  |  | 5,110,085 |
Others |  |  | 51,911 |  |  |  | 325,037 |
Total |  | $ | 13,416,452 |  |  | $ | 9,986,968 |
Schedule of Related Party Balances, Payables |
|  |  | December 31, |
|  |  | 2013 |  |  |  | 2014 |
| Amount due to related party |  |  |  |  |  |  |  |
| Daqo Solar |  | $ | 66,750,009 |  |  | $ | 54,275,617 |
| Xinjiang Daqo investment |  |  | 18,482,300 |  |  |  | 23,104,709 |
| Daqo New Material |  |  | 449,988 |  |  |  | 4,950,746 |
| Chongqing Daqo Tailai |  |  | - |  |  |  | 1,755,326 |
| Nanjing Daqo Transformer |  |  | 18,546 |  |  |  | 1,595,659 |
| Daqo Group |  |  | 461,796 |  |  |  | 1,339,128 |
| Jiangsu Daqo |  |  | 46,437 |  |  |  | 1,200,018 |
| Nanjing Daqo |  |  | 1,651,810 |  |  |  | - |
| Nanjing Daqo Electric |  |  | 33,697 |  |  |  | 742,747 |
| Others* |  |  | 643,207 |  |  |  | 734,201 |
| Total |  | $ | 88,537,790 |  |  | $ | 89,698,151 |
* The remaining balance of amount due to related party of $734,201 as of December 31, 2014 was comprised of Zhenjiang Moeller, Intelligent Apparatus, Intelligent Software, Daqo Investment, Daqo Sailfar and Zhenjiang Daqo in the amount of $310,395, $302,807, $54,461, $5,360, $34, and $61,144, respectively.
Schedule of Related Party Transactions |
| (3) | The transactions with Daqo Group and its subsidiaries were as follows:
|  | Transaction |  | Year Ended December 31, |
Name of Related parties |  | Nature |  | 2012 |  |  | 2013 |  |  | 2014 |
Daqo Group |  | Purchase-Fixed asset |  |  | 7,849,533 |  |  |  | — |  |  |  | 486,948 |
|  | Proceeds from interest free loans |  |  | — |  |  |  | 813,105 |  |  |  | 10,821,462 |
|  | Repayment of interest free loans |  |  | — |  |  |  | 813,105 |  |  |  | 8,115,813 |
|  | Disposition of 100% equity interest of Nan Jing Daqo |  |  | 9,888,742 |  |  |  | — |  |  |  | — |
Zhenjiang Daqo |  | Sales |  |  | 2,799,428 |  |  |  | 13,471,866 |  |  |  | 9,554,320 |
Daqo Solar |  | Sales |  |  | — |  |  |  | — |  |  |  | 9,595,680 |
|  | Prepayment received |  |  | 13,497,973 |  |  |  | — |  |  |  | — |
|  | Proceeds from interest free loans |  |  | — |  |  |  | 76,881,392 |  |  |  | 157,241,390 |
|  | Repayment of interest free loans |  |  | — |  |  |  | 28,379,678 |  |  |  | 166,231,092 |
Nanjing Daqo |  | Sales |  |  | 80,126 |  |  |  | — |  |  |  | 112 |
|  | Proceeds from interest free loans |  |  | — |  |  |  | — |  |  |  | 973,898 |
|  | Repayment of interest free loans |  |  | — |  |  |  | — |  |  |  | 2,921,693 |
|  | Related party interest bearing loan |  |  | 1,584,820 |  |  |  | — |  |  |  | — |
|  | Interest charged |  |  | 40,611 |  |  |  | — |  |  |  | — |
Xinjiang Daqo Investment |  | Prepayment received |  |  | 2,354,620 |  |  |  | — |  |  |  | — |
|  | Proceeds from interest free loans |  |  | — |  |  |  | 58,389,643 |  |  |  | 98,367,234 |
|  | Repayment of interest free loans |  |  | — |  |  |  | 40,193,785 |  |  |  | 93,219,846 |
Daqo New Material |  | Proceeds from interest free loans |  |  | — |  |  |  | — |  |  |  | 7,729,501 |
|  | Repayment of interest free loans |  |  | — |  |  |  | — |  |  |  | 4,600,117 |
|  | Rental expense |  |  | — |  |  |  | — |  |  |  | 1,071,287 |
Others subsidiaries under Daqo Group |  | Proceeds from interest free loans |  |  | — |  |  |  | — |  |  |  | 636 |
|  | Purchase-Fixed asset** |  |  | 202,556 |  |  |  | 157,742 |  |  |  | 6,714,476 |
|  | Purchase-Raw material |  |  | 5,282 |  |  |  | — |  |  |  | — |
Total |  | Sales |  | $ | 2,799,427 |  |  | $ | 13,471,866 |  |  | $ | 19,150,112 |
|  | Disposition of 100% equity interest in Nanjing Daqo |  | $ | 9,888,742 |  |  | $ | — |  |  | $ | — |
|  | Purchase-Fixed asset |  | $ | 8,052,089 |  |  | $ | 157,742 |  |  | $ | 7,201,424 |
|  | Purchase-Raw material |  | $ | 5,282 |  |  | $ | — |  |  | $ | — |
|  | Rental expense |  | $ | — |  |  | $ | — |  |  | $ | 1,071,287 |
|  | Interest expense |  | $ | 40,611 |  |  | $ | — |  |  | $ | — |
|  | Prepayment received* |  | $ | 15,852,593 |  |  | $ | — |  |  | $ | — |
|  | Proceeds from interest free loans |  | $ | 1,584,820 |  |  | $ | 136,084,140 |  |  | $ | 275,134,122 |
|  | Repayment of interest free loans |  | $ | — |  |  | $ | 69,386,568 |  |  | $ | 275,088,560 |
* |  | Prepayment has been considered a related party loan given there has been no deliveries since the prepayment was provided
** |  | The transactions of $6,714,476 in 2014 were comprised of the purchase of fixed assets from Nanjing Daqo Electric, Nanjing Daqo Transformer, Jiangsu Daqo, Chongqing Daqo Tailai and Intelligence Apparatus in the amount of $763,856, $1,913,941, $1,165,346, $2,724,790 and $146,543, respectively.

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- Definition Tabular disclosure of related party transactions. Examples of related party transactions include, but are not limited to, transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners and (d) affiliates. + References No definition available. + Details
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