SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Dec. 31, 2013

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Abstract]

Property, Plant and Equipment, Estimated Useful Lives

Property and equipment are carried at cost less accumulated depreciation. Depreciation is calculated on a straight-line basis over the following estimated useful lives:

Computer and transmission equipment	3 years
Furniture and office equipment	3 years
Motor vehicles	3 years
Leasehold improvements	Over the shorter of the lease term or useful lives
Communication equipment	1 year
Office building	20 years

Allowance for Credit Losses

Movement of allowance for credit losses is as follows:

	Balance at		Charged to					Balance at
	beginning of the year		expense		Written-off			end of the year
2011	$	-	$	222,007	$	-		$	222,007
2012	$	222,007	$	5,626	$	(222,007	)	$	5,626
2013	$	5,626	$	342,442	$	(5,626	)	$	342,442