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INCOME TAXES (Schedule of Changes of Valuation Allowance) (Details) - USD ($) | 12 Months Ended
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Dec. 31, 2015 | Dec. 31, 2014 | Dec. 31, 2013
INCOME TAXES [Abstract] |  |  |
Beginning balance | $ 50,109,751 | $ 56,633,867 | $ 37,682,733
Additions (Reversal) | $ (5,708,268) | $ (5,168,917) | 56,697,096
Deconsolidation |  |  | (39,357,744)
Foreign exchange effect | $ (2,038,634) | $ (1,355,199) | 1,611,782
Ending balance | $ 42,362,849 | $ 50,109,751 | $ 56,633,867

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- Definition Amount of increase (decrease) in the valuation allowance for a specified deferred tax asset resulting from the effect of foreign exchange rates. + References No definition available. + Details
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- Definition Amount of deferred tax assets for which it is more likely than not that a tax benefit will not be realized. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32537-109319 + Details
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