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INCOME TAXES (Tables) | 12 Months Ended
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Dec. 31, 2015
INCOME TAXES [Abstract] |
Schedule of Income Tax Expenses |
|  | Year ended December 31, |
|  | 2013 |  |  | 2014 |  |  | 2015 |
Current Tax (Benefit) Expenses |  | $ | (162,621 | ) |  | $ | — |  |  | $ | 1,786,092 |
Deferred Tax Expenses (Benefit) |  |  | 1,434,386 |  |  |  | — |  |  |  | (648,271 | )
Total |  | $ | 1,271,765 |  |  | $ | — |  |  | $ | 1,137,821 |
Schedule of Deferred Tax Assets and Liabilities |
|  | December 31, |
|  | 2014 |  |  | 2015 |
Net operating loss carried forward |  | $ | 27,349,606 |  |  | $ | 22,549,975 |
Inventory write-down |  |  | 26,141 |  |  |  | - |
Bad debt provision |  |  | 478,367 |  |  |  | 163,120 |
Government grants related to assets |  |  | 498,582 |  |  |  | 166,922 |
Long-lived asset impairment&depreciation |  |  | 21,009,037 |  |  |  | 19,624,021 |
Others |  |  | 748,018 |  |  |  | 485,776 |
Sub-total |  |  | 50,109,751 |  |  |  | 42,989,814 |
Valuation Allowance |  |  | (50,109,751 | ) |  |  | (42,362,849 | )
Total |  | $ | — |  |  | $ | 626,965 |
Deferred tax assets are analyzed as: |  |  |  |  |  |  |  |
Current |  | $ | — |  |  | $ | — |
Non-current |  |  | — |  |  |  | 626,965 |
Schedule of Changes of Valuation Allowance |
|  | Year ended December 31, |
|  | 2013 |  |  | 2014 |  |  | 2015 |
Beginning balance |  | $ | 37,682,733 |  |  | $ | 56,633,867 |  |  | $ | 50,109,751 |
Additions (Reversal) |  |  | 56,697,096 |  |  |  | (5,168,917 | ) |  |  | (5,708,268 | )
Deconsolidation |  |  | (39,357,744 | ) |  |  | — |  |  |  | — |
Foreign exchange effect |  |  | 1,611,782 |  |  |  | (1,355,199 | ) |  |  | (2,038,634 | )
Ending Balance |  | $ | 56,633,867 |  |  | $ | 50,109,751 |  |  | $ | 42,362,849 |
Schedule of Effective Income Tax Rate Reconciliation |
|  | Year ended December 31, |
|  | 2013 |  |  | 2014 |  |  | 2015 |
PRC Enterprise Income Tax |  |  | 25 | % |  |  | 25 | % |  |  | 25 | %
Preferential income tax rate of a subsidiary |  |  | (2 | )% |  |  | (9 | )% |  |  | (8 | )%
Effect of different reversal rate |  |  | 3 | % |  |  | 1 | % |  |  | - | %
Additional tax deductions |  |  | (1 | )% |  |  | (8 | )% |  |  | (12 | )%
Different tax rate in other jurisdictions |  |  | — | % |  |  | 6 | % |  |  | 8 | %
Changes in valuation allowance |  |  | (26 | )% |  |  | — | % |  |  | (3 | )%
Tax credits |  |  | — | % |  |  | (15 | )% |  |  | (3 | )%
Withhold tax |  |  | — | % |  |  | — | % |  |  | 1 | %
Effective tax rate |  |  | (1 | )% |  |  | — | % |  |  | 7 | %

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- Definition Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 9 -URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32639-109319 + Details
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