PREPAID EXPENSES AND OTHER CURRENT ASSETS

12 Months Ended

Dec. 31, 2011

PREPAID EXPENSES AND OTHER CURRENT ASSETS

7. PREPAID EXPENSES AND OTHER CURRENT ASSETS

Prepaid expenses and other current assets consist of the following:

	As of December 31,
	2010		2011
Prepayment to service providers		3,733,037		2,064,174
Staff advances		495,677		665,587
Rental and other deposits		1,084,706		1,143,509
Interest receivables		632,176		267,947
Other current assets		33,472		4,808
	$	5,979,068	$	4,146,025