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FINANCIAL STATEMENT SCHEDULE I (BALANCE SHEET) (Details) - USD ($)
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Current assets:        
Cash and cash equivalents $ 14,490,011 $ 7,068,483 $ 7,831,084 $ 6,679,024
Prepaid expenses and other current assets 12,235,141 12,835,869    
Amount due from a related party 284,633 9,986,968    
Total current assets 88,776,027 121,949,234    
TOTAL ASSETS 660,851,404 710,131,219    
Current liabilities:        
Accrued expenses and other current liabilities 8,616,831 8,955,663    
Amount due to a related party 46,396,527 $ 89,698,151    
Income tax payable 940,732    
Total current liabilities 275,393,602 $ 396,067,715    
EQUITY        
Ordinary shares ($0.0001 per value 500,000,000 shares authorized as of December 31, 2014 and 2015; 240,714,103 and 279,214,103 shares issued as of December 31, 2014 and 2015, respectively and 223,577,853 and 260,836,578 shares outstanding as of December 31, 2014 and 2015, respectively) 26,320 22,358    
Additional paid in capital 236,358,070 203,125,494    
Retained accumulated losses (3,061,404) (16,018,293)    
Accumulated other comprehensive income 8,780,313 20,037,183    
Treasury stock (1,748,836) (398,672)    
Total shareholders' equity 240,354,463 206,768,070    
TOTAL LIABILITIES AND EQUITY $ 660,851,404 $ 710,131,219    
Ordinary shares:        
Ordinary shares, par value $ 0.0001 $ 0.0001    
Ordinary shares, shares authorized 500,000,000 500,000,000    
Ordinary shares, shares issued 279,214,103 225,864,103    
Ordinary shares, shares outstanding 260,836,578 223,577,853    
Parent Company [Member]        
Current assets:        
Cash and cash equivalents $ 2,563,083 $ 4,493,150 $ 5,187,046 $ 5,669,834
Prepaid expenses and other current assets $ 193,583 204,682    
Amount due from a related party 5,110,085    
Total current assets $ 2,756,666 9,807,917    
Investments in subsidiaries 238,112,877 197,571,399    
TOTAL ASSETS 240,869,543 207,379,316    
Current liabilities:        
Accrued expenses and other current liabilities $ 406,088 324,720    
Amount due to a related party $ 286,526    
Income tax payable $ 108,992    
Total current liabilities 515,080 $ 611,246    
EQUITY        
Ordinary shares ($0.0001 per value 500,000,000 shares authorized as of December 31, 2014 and 2015; 240,714,103 and 279,214,103 shares issued as of December 31, 2014 and 2015, respectively and 223,577,853 and 260,836,578 shares outstanding as of December 31, 2014 and 2015, respectively) 26,320 22,358    
Additional paid in capital 236,358,070 203,125,494    
Retained accumulated losses (3,061,404) (16,018,293)    
Accumulated other comprehensive income 8,780,313 20,037,183    
Treasury stock (1,748,836) (398,672)    
Total shareholders' equity 240,354,463 206,768,070    
TOTAL LIABILITIES AND EQUITY $ 240,869,543 $ 207,379,316    
Ordinary shares:        
Ordinary shares, par value $ 0.0001 $ 0.0001    
Ordinary shares, shares authorized 500,000,000 500,000,000    
Ordinary shares, shares issued 279,214,103 240,714,103    
Ordinary shares, shares outstanding 260,836,578 223,577,853