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SHARE OPTIONS (Details 2) (USD $)
1 Months Ended 12 Months Ended
Jul. 31, 2006
May 31, 2006
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Restricted shares
         
Share Options          
Shares granted to employees 116,500 333,190      
Total unrecognized share-based compensation costs $ 7,100,000   $ 0    
Total recognized compensation cost           235,411
Number of Shares          
Granted (in shares) 116,500 333,190      
Weighted Average Grant-Date Fair Value          
Total fair value of shares vested           382,994
Restricted shares | Minimum
         
Share Options          
Vesting period     1 year    
Restricted shares | Maximum
         
Share Options          
Vesting period     4 years    
RSU
         
Share Options          
Shares granted to employees     1,400,237 518,181  
Total unrecognized share-based compensation costs     6,121,559 4,600,000  
Total recognized compensation cost     1,752,165    
Weighted-average period of recognition of compensation expense     3 years 1 month 6 days    
Number of Shares          
Unvested at the beginning of the period (in shares)     499,540    
Granted (in shares)     1,400,237 518,181  
Vested (in shares)     (131,069)    
Forfeited (in shares)     (98,177)    
Unvested at the end of the period (in shares)     1,670,531 499,540  
Weighted Average Grant-Date Fair Value          
Unvested at the beginning of the period (in dollars per share)     $ 9.16    
Granted (in dollars per share)     $ 3.32    
Vested (in dollars per share)     $ 9.23    
Forfeited (in dollars per share)     $ 6.84    
Unvested at the end of the period (in dollars per share)     $ 4.40 $ 9.16  
Total fair value of shares vested     $ 1,007,340    
RSU | Minimum
         
Share Options          
Vesting period     1 year    
RSU | Maximum
         
Share Options          
Vesting period     4 years