PROPERTY AND EQUIPMENT, NET

12 Months Ended

Dec. 31, 2014

PROPERTY AND EQUIPMENT, NET [Abstract]

10.

PROPERTY AND EQUIPMENT, NET

Property and equipment, net consists of the following:

	As of December 31,
	2013			2014

Computer and transmission equipment	$	15,312,698		$	17,305,410
Furniture and office equipment		1,162,452			1,288,057
Motor vehicles		807,082			860,109
Leasehold improvements		2,917,621			2,885,943
Communication equipment		543,308			541,704
Office building		705,297			703,384
		21,448,458			23,584,607
Less: accumulated depreciation		(15,605,936	)		(17,925,416	)
	$	5,842,522		$	5,659,191

Depreciation expenses for the years ended December 31, 2012, 2013 and 2014 are $2,175,564, $2,202,865 and $2,319,480 respectively.

- Definition

The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.

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