FAIR VALUE MEASUREMENTS (Tables)

12 Months Ended

Dec. 31, 2013

FAIR VALUE MEASUREMENTS [Abstract]

Schedule of Fair Value Assets and Liabilities Measured on Recurring Basis

The following table shows the fair value of the Company's financial assets and liabilities measured at recurring basis as of December 31, 2012 and 2013:

	As of December 31, 2012								As of December 31, 2013
	Fair Value Measurements at the Reporting Date Using								Fair Value Measurements at the Reporting Date Using
	Quoted prices in		Significant						Quoted prices in		Significant
	active markets		other		Significant				active markets		other		Significant
	for identical		observable		unobservable				for identical		observable		unobservable
	instruments		inputs		inputs		Total		instruments		inputs		inputs		Total
	(level 1)		(level 2)		(level 3)		balance		(level 1)		(level 2)		(level 3)		balance
Time deposits	$	47,355,121	$	-	$	-	$	47,355,121	$	72,520,957	$	-	$	-	$	72,520,957
Game license payment liabilities		-		-		43,660,000		43,660,000		-		-		39,260,000		39,260,000
Total	$	47,355,121	$	-	$	43,660,000	$	91,015,121	$	72,520,957	$	-	$	39,260,000	$	111,780,957