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FINANCIAL STATEMENT SCHEDULE I (BALANCE SHEET) (Details) - USD ($)
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
CURRENT ASSETS        
Cash and cash equivalents $ 15,987,478 $ 14,490,011 $ 7,068,483 $ 7,831,084
Prepaid expenses and other current assets 8,027,667 12,235,141    
Total current assets 73,302,858 88,776,027    
TOTAL ASSETS 656,708,076 660,851,404    
CURRENT LIABILITIES        
Accrued expenses and other current liabilities 8,320,041 8,616,831    
Amount due to a related party 26,829,605 46,396,527    
Income tax payable 5,300,163 940,732    
Total current liabilities 249,750,421 275,393,602    
EQUITY        
Ordinary shares ($0.0001 per value 500,000,000 shares authorized as of December 31, 2015 and 2016; 279,214,103 and 279,214,103 shares issued as of December 31, 2015 and 2016, respectively and 260,836,578 and 262,956,278 shares outstanding as of December 31, 2015 and 2016, respectively) 26,532 26,320    
Additional paid in capital 240,111,533 236,358,070    
Retained Earnings (accumulated deficit) 40,432,352 (3,061,404)    
Accumulated other comprehensive income (loss) (8,721,820) 8,780,313    
Treasury stock (1,748,836) (1,748,836)    
Total shareholders' equity 270,099,761 240,354,463    
TOTAL LIABILITIES AND EQUITY $ 656,708,076 $ 660,851,404    
Ordinary shares:        
Ordinary shares, par value $ 0.0001 $ 0.0001    
Ordinary shares, shares authorized 500,000,000 500,000,000    
Ordinary shares, shares issued 279,214,103 279,214,103    
Ordinary shares, shares outstanding 262,956,278 260,836,578    
Parent Company [Member]        
CURRENT ASSETS        
Cash and cash equivalents $ 2,943,502 $ 2,563,083 $ 4,493,150 $ 5,187,046
Prepaid expenses and other current assets 223,559 193,583    
Total current assets 3,167,061 2,756,666    
Investments in subsidiaries 267,322,549 238,112,877    
TOTAL ASSETS 270,489,610 240,869,543    
CURRENT LIABILITIES        
Accrued expenses and other current liabilities 389,849 406,088    
Amount due to a related party    
Income tax payable    
Total current liabilities 389,849 515,080    
EQUITY        
Ordinary shares ($0.0001 per value 500,000,000 shares authorized as of December 31, 2015 and 2016; 279,214,103 and 279,214,103 shares issued as of December 31, 2015 and 2016, respectively and 260,836,578 and 262,956,278 shares outstanding as of December 31, 2015 and 2016, respectively) 26,532 26,320    
Additional paid in capital 240,111,533 236,358,070    
Retained Earnings (accumulated deficit) 40,432,352 (3,061,404)    
Accumulated other comprehensive income (loss) (8,721,820) 8,780,313    
Treasury stock (1,748,836) (1,748,836)    
Total shareholders' equity 270,099,761 240,354,463    
TOTAL LIABILITIES AND EQUITY $ 270,489,610 $ 240,869,543    
Ordinary shares:        
Ordinary shares, par value $ 0.0001 $ 0.0001    
Ordinary shares, shares authorized 500,000,000 500,000,000    
Ordinary shares, shares issued 279,214,103 279,214,103    
Ordinary shares, shares outstanding 262,956,278 260,836,578