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RELATED PARTY TRANSACTIONS AND BALANCES (Tables) | 12 Months Ended
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Dec. 31, 2016
RELATED PARTY TRANSACTIONS AND BALANCES [Abstract] |
Schedule of Related Party Balances, Loans |
|  | December 31, |
|  | 2015 |  | 2016 |
Amounts due from related parties |  |  |  |  |  |  |
Zhenjiang Daqo |  | $ | 229,989 |  | $ | 1,449,824 |
Others |  |  | 54,644 |  |  | 78,888 |
Total |  | $ | 284,633 |  | $ | 1,528,712 |
Schedule of Related Party Balances, Payables |
|  | December 31, |
|  | 2015 |  | 2016 |
Amounts due to related parties |  |  |  |  |  |  |
Daqo Group |  | $ | 33,758 |  | $ | 15,076,133 |
Daqo New Material |  |  | 5,563,165 |  |  | 8,323,271 |
Xinjiang Daqo investment |  |  | 3,146,054 |  |  | 79,197 |
Daqo Solar |  |  | 37,390,575 |  |  | — |
Chongqing Daqo Tailai |  |  | 144,102 |  |  | 2,107,488 |
Nanjing Daqo Transformer |  |  | — |  |  | 1,022,075 |
Others* |  |  | 118,873 |  |  | 221,441 |
Total |  | $ | 46,396,527 |  | $ | 26,829,605 |
* The remaining balance of amounts due to related parties of $221,441 as of December 31, 2016 was comprised of amounts due to Jiangsu Daqo, Zhenjiang Electric, Daqo Sailfar and Intelligent Software in the amount of $37,679, $85,332, $9,804 and $88,626, respectively.
Schedule of Related Party Transactions |
|  | Transaction |  | Year Ended December 31, |
Name of Related parties |  | Nature |  | 2014 |  | 2015 |  | 2016 |
Daqo Group |  | Purchase-Fixed asset |  |  | 486,948 |  |  | — |  |  | — |
|  | Proceeds from interest free loans |  |  | 10,821,462 |  |  | 15,043,550 |  |  | — |
|  | Repayment of interest free loans |  |  | 8,115,813 |  |  | 20,217,257 |  |  | 10,974,807 |
|  | Repayment of interest bearing loan |  |  | — |  |  | — |  |  | 15,059,000 |
|  | Interest charged |  |  | — |  |  | — |  |  | 850,380 |
|  | Rental expense |  |  | — |  |  | — |  |  | 27,997 |
Zhenjiang Daqo |  | Sales |  |  | 9,554,320 |  |  | 11,111,239 |  |  | 11,194,197 |
Daqo Solar |  | Sales |  |  | 9,595,680 |  |  | 783,705 |  |  | — |
|  | Proceeds from interest free loans |  |  | 157,241,390 |  |  | 127,060,826 |  |  | 60,300,896 |
|  | Repayment of interest free loans |  |  | 166,231,092 |  |  | 151,990,672 |  |  | 68,766,506 |
Nanjing Daqo |  | Proceeds from interest free loans |  |  | 973,898 |  |  | 13,456,861 |  |  | — |
|  | Repayment of interest free loans |  |  | 2,921,693 |  |  | 13,456,861 |  |  | — |
Xinjiang Daqo Investment |  | Proceeds from interest free loans |  |  | 98,367,234 |  |  | 72,946,700 |  |  | 56,270,085 |
|  | Repayment of interest free loans |  |  | 93,219,846 |  |  | 73,252,506 |  |  | 38,715,449 |
Daqo New Material |  | Proceeds from interest free loans |  |  | 7,729,501 |  |  | 11,082,241 |  |  | 9,607,344 |
|  | Repayment of interest free loans |  |  | 4,600,117 |  |  | 11,285,114 |  |  | 12,262,592 |
|  | Rental expense |  |  | 1,071,287 |  |  | 1,050,661 |  |  | 993,894 |
Chongqing Daqo Tailai |  | Purchase-Fixed asset |  |  | 2,724,790 |  |  | 375,528 |  |  | 3,534,248 |
|  | Purchase-Raw material |  |  | — |  |  | 9,938 |  |  | — |
|  | Income from disposal of fixed assets |  |  | — |  |  | 6,458 |  |  | — |
|  | Proceeds from interest free loans |  |  | — |  |  | 6,367,640 |  |  | 222,517 |
|  | Repayment of interest free loans |  |  | — |  |  | 6,367,640 |  |  | 2,684,783 |
Others subsidiaries under Daqo Group |  | Proceeds from interest free loans |  |  | 636 |  |  | — |  |  | — |
|  | Repayment of interest free loans |  |  | — |  |  | 5,296 |  |  | — |
|  | Purchase-Fixed asset* |  |  | 3,989,686 |  |  | 3,488,330 |  |  | 2,120,768 |
|  | Purchase-Raw material |  |  | — |  |  | 22,817 |  |  | 129,219 |
Total |  | Sales |  | $ | 19,150,000 |  | $ | 11,894,944 |  | $ | 11,194,197 |
|  | Income from disposal of fixed assets |  | $ | — |  | $ | 6,458 |  | $ | — |
|  | Purchase-Fixed asset |  | $ | 7,201,424 |  | $ | 3,863,858 |  | $ | 5,655,016 |
|  | Purchase-Raw material |  | $ | — |  | $ | 32,755 |  | $ | 129,219 |
|  | Rental expense |  | $ | 1,071,287 |  | $ | 1,050,661 |  | $ | 1,021,891 |
|  | Interest expense |  | $ | — |  | $ | — |  |  | 850,380 |
|  | Proceeds from related parties loans |  | $ | 275,134,122 |  | $ | 245,957,818 |  | $ | 126,400,842 |
|  | Repayment of related parties loans |  | $ | 275,088,560 |  | $ | 276,575,346 |  | $ | 148,463,137 |
*The purchases of fixed assets of $2,120,768 were comprised of purchases from Nanjing Daqo Transformer, Zhenjiang Moeller, Jiangsu Daqo, Intelligent Apparatus and Jiangsu Daqo ETE Electronic in the amount of $1,410,655, $236,415, $336,791, $93,841 and $ 43,066, respectively.

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- Definition Tabular disclosure of related party transactions. Examples of related party transactions include, but are not limited to, transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners and (d) affiliates. + References No definition available. + Details
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