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FOLLOW-ON EQUITY OFFERINGS (Details) - USD ($)
1 Months Ended 12 Months Ended
Feb. 28, 2015
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
America depositary shares (ADSs) issued, shares 1,540,000      
Follow-on equity offering, net of issuance costs, shares 38,500,000      
Issuance cost for ordinary shares $ 2,000,000 $ 2,033,041
Follow-on equity offering, net of issuance costs $ 28,000,000     $ 27,996,959