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ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES
 12 Months Ended
Dec. 31, 2015
ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES [Abstract]  
ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES

10. ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES

 

Accrued expenses and other current liabilities consist of the following:

 

  December 31,  
    2014     2015  
Accrued payroll and welfare   $ 3,309,850     $ 3,524,876  
Accrued professional fees     576,786       776,518  
Other tax payables     2,263,055       2,298,780  
Interest payable     148,995       38,054  
Contingent liability (Note 18) 400,000 —
Others     2,256,977       1,978,603  
Total   $ 8,955,663     $ 8,616,831