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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Operating activities:      
Net (loss)income $ 20,661,649 $ 25,739,968 $ (7,654,862)
Adjustments to reconcile net (loss) income to net cash provided by operating activities:      
Depreciation and amortization 4,988,007 7,628,005 4,443,449
Loss (gain) on disposal of property and equipment 30,714 (6,694) (37,099)
Provision of bad debt 342,442 5,626 222,007
Impairment loss on cost method investment 2,000,000      
Impairment loss on goodwill       20,255,242
Impairment loss on intangible assets 1,812,939    3,927
Change in fair value of contingent consideration for business acquisition       3,729,513
Share-based compensation 1,573,729 4,464,497 4,579,522
Loss on extinguishment of debt upon prepayment of convertible senior note       1,567,472
Amortization of the debt discount    36,297 294,543
Imputed interest on long-term liabilities 600,000      
Changes in operating assets and liabilities      
Accounts receivable 6,723,022 (3,757,638) 2,902,691
Prepaid expenses and other current assets (3,037,894) (387,517) 3,748,469
Rental deposits (29,697) (233,859) 98,928
Trading securities    7,602,189 (8,339,291)
Accounts payable (2,757,184) (167,693) 4,780,428
Deferred revenue (1,621,249) (266,818) 1,347,963
Accrued expenses and other liabilities 4,513,352 2,551,298 760,161
Income tax payable (70,320) 3,448,253 730,690
Net cash provided by operating activities 35,729,510 46,655,914 33,433,753
Investing activities:      
Acquisition of businesses (net of cash acquired $nil, $586,701 and $nil for 2011, 2012, and 2013, respectively)    (8,413,299)   
Purchase of intangible assets (1,565,294) (13,666,768)   
Long-term investments    (3,999,999)   
Loan to third party       (21,227,812)
Loan repayment from third party    22,190,124   
Purchase of term deposits (20,824,178)      
Proceeds from disposal of term deposits 16,710,813      
Purchase of held-to-maturity securities (259,536,862) (319,589,646) (17,203,826)
Proceeds from disposal of held-to-maturity securities 226,240,067 319,293,275   
Purchase of property and equipment (4,969,144) (1,516,362) (1,890,271)
Proceeds from disposal of property and equipment    6,694 37,099
Restricted cash    (35,510,803)   
Net cash used in investing activities (43,944,598) (41,206,784) (40,284,810)
Financing activities:      
Deferred payment for acquisition of business (3,000,000)    (14,578,427)
Repurchase of ordinary shares (10,123,821) (14,590,355) (2,748,579)
Proceeds from exercise of employee stock options 849,038 277,309 302,075
Deferred payments for intangible assets (6,588,420)      
Proceeds from bank borrowing 9,000,000      
Repayment of bank borrowing (9,000,000)      
Proceeds from exercise of warrants 27,820,000      
Prepayment of convertible senior note       (9,310,000)
Net cash (used in)provided by financing activities 8,956,797 (14,313,046) (26,334,931)
Effect of foreign exchange rate changes 1,991,304 47,102 5,526,757
Net (decrease) increase in cash and cash equivalents 2,733,013 (8,816,814) (27,659,231)
Cash and cash equivalents, beginning of year 120,694,716 129,511,530 157,170,761
Cash and cash equivalents, end of year 123,427,729 120,694,716 129,511,530
Supplemental disclosures of cash flow information      
Income taxes paid 909,496 647,839 2,561,368
Interest paid 93,282 26,730 358,632
Non-cash investing and financing activities:      
Warrants issued in acquisition of game licenses    14,889,000   
Consideration payable in connection with business acquisition    5,880,600   
Ordinary shares issued for business acquisitions    4,230,000 29,220,543
Consideration payable in connection with purchase of intangible assets $ 4,784,675 $ 47,172,547