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ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES
 12 Months Ended
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