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RELATED PARTY TRANSACTIONS (Narrative) (Details) (USD $) | 12 Months Ended |  |  |  | 12 Months Ended
--- | --- | --- | --- | --- | ---
Dec. 31, 2012 | Dec. 31, 2011 | Sep. 27, 2011 Noncontrolling Interest [Member] | Dec. 31, 2012 Management [Member] | Dec. 31, 2011 Management [Member] | Dec. 31, 2012 Erdos Metallurgy Co. [Member] | Dec. 31, 2011 Erdos Metallurgy Co. [Member]
Related Party Transaction [Line Items] |  |  |  |  |  |  |
Advance from related parties | $ 0 | $ 2,981,977 |  | $ 40,876 | $ 40,934 | $ 481,863 | $ 2,941,043
Sales income for non-controlling interest | 0 | 30,106,354 |  |  |  | 780,000 | 11,880,000
Interest Income and Other |  |  |  |  |  | $ 7,370,000 | $ 6,940,000
Common stock directly owned by Sino Way Limited |  |  | 100,000 |  |  |  |

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