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CONDENSED FINANCIAL INFORMATION OF PARENT COMPANY (Schedule of Statements of Changes in Shareholder's Equity) (Details) - USD ($)
12 Months Ended
Oct. 17, 2014
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Statements of changes in shareholder's equity [Line Items]        
Balance   $ 321,930,236 $ 332,609,502 $ 282,884,068
Issuance of ordinary shares for share-based compensation   939,882 436,625 849,038
Share-based compensation recognized   $ 1,045,448 1,547,780 1,573,729
Repurchase of ordinary shares       (10,123,821)
Repurchase of ordinary shares     (12,410)  
Warrants exercised     $ 5,940,000 $ 27,820,000
Warrants exercised (in shares)     40,000,000 200,000,000
Warrants forfeited     $ (2,148,000)  
Warrants expired      
Other comprehensive income   $ 4,072,160 1,968,126 $ 8,944,839
Dividends to shareholders ($0.002 per ordinary share) $ (40,999,308) 0 (40,999,308)  
Net income (loss)   (16,226,710) 22,587,921 20,661,649
Balance   311,761,016 321,930,236 332,609,502
Ordinary shares [Member]        
Statements of changes in shareholder's equity [Line Items]        
Balance   $ 942 $ 918 $ 832
Balance (in shares)   1,882,073,063 1,834,883,063 1,678,097,663
Issuance of ordinary shares for share-based compensation   $ 1 $ 4 $ 18
Issuance of ordinary shares for share-based compensation (in shares)   2,060,000 7,190,000 35,000,000
Share-based compensation recognized  
Repurchase of ordinary shares     $ (32)
Repurchase of ordinary shares (in shares)       (78,214,600)
Warrants exercised     $ 20 $ 100
Warrants exercised (in shares)     40,000,000 200,000,000
Warrants forfeited      
Warrants expired      
Other comprehensive income  
Dividends to shareholders ($0.002 per ordinary share)      
Net income (loss)  
Balance   $ 943 $ 942 $ 918
Balance (in shares)   1,884,133,063 1,882,073,063 1,834,883,063
Additional paid-in capital [Member]        
Statements of changes in shareholder's equity [Line Items]        
Balance   $ 162,687,212 $ 152,052,241 $ 126,786,049
Issuance of ordinary shares for share-based compensation   939,881 436,621 849,020
Share-based compensation recognized   1,045,448 1,547,780 1,573,729
Repurchase of ordinary shares     (12,410) (10,123,789)
Warrants exercised     $ 8,662,980 $ 32,967,232
Warrants forfeited      
Warrants expired   $ 2,202,000    
Other comprehensive income  
Dividends to shareholders ($0.002 per ordinary share)      
Net income (loss)  
Balance   $ 166,874,541 $ 162,687,212 $ 152,052,241
Warrants [Member]        
Statements of changes in shareholder's equity [Line Items]        
Balance   $ 5,548,000 $ 10,419,000 $ 15,566,332
Issuance of ordinary shares for share-based compensation  
Share-based compensation recognized  
Repurchase of ordinary shares    
Warrants exercised     $ (2,723,000) $ (5,147,332)
Warrants forfeited     $ (2,148,000)  
Warrants expired   $ (2,202,000)    
Other comprehensive income  
Dividends to shareholders ($0.002 per ordinary share)      
Net income (loss)  
Balance   $ 3,346,000 $ 5,548,000 $ 10,419,000
Accumulated other comprehensive income [Member]        
Statements of changes in shareholder's equity [Line Items]        
Balance   $ 57,531,228 $ 55,563,102 $ 46,618,263
Issuance of ordinary shares for share-based compensation  
Share-based compensation recognized  
Repurchase of ordinary shares    
Warrants exercised    
Warrants forfeited      
Warrants expired      
Other comprehensive income   $ 4,072,160 $ 1,968,126 $ 8,944,839
Dividends to shareholders ($0.002 per ordinary share)      
Net income (loss)  
Balance   $ 61,603,388 $ 57,531,228 $ 55,563,102
Parent Company [Member]        
Statements of changes in shareholder's equity [Line Items]        
Balance   321,930,236 332,609,502 282,884,068
Issuance of ordinary shares for share-based compensation   939,882 436,625 849,038
Share-based compensation recognized   $ 1,045,448 1,547,780 1,573,729
Repurchase of ordinary shares       (10,123,821)
Repurchase of ordinary shares     (12,410)  
Warrants exercised     5,940,000 27,820,000
Warrants forfeited     (2,148,000)  
Warrants expired      
Other comprehensive income   $ 4,072,160 1,968,126 8,944,839
Dividends to shareholders ($0.002 per ordinary share)     (40,999,308)  
Net income (loss)   (16,226,710) 22,587,921 20,661,649
Balance   311,761,016 321,930,236 332,609,502
Parent Company [Member] | Ordinary shares [Member]        
Statements of changes in shareholder's equity [Line Items]        
Balance   $ 942 $ 918 $ 832
Balance (in shares)   1,882,073,063 1,834,883,063 1,678,097,663
Issuance of ordinary shares for share-based compensation   $ 1 $ 4 $ 18
Issuance of ordinary shares for share-based compensation (in shares)   2,060,000 7,190,000 35,000,000
Share-based compensation recognized  
Repurchase of ordinary shares     $ (32)
Repurchase of ordinary shares (in shares)     (78,214,600)
Warrants exercised     $ 20 $ 100
Warrants exercised (in shares)     40,000,000 200,000,000
Warrants forfeited      
Warrants expired      
Other comprehensive income  
Dividends to shareholders ($0.002 per ordinary share)      
Net income (loss)  
Balance   $ 943 $ 942 $ 918
Balance (in shares)   1,884,133,063 1,882,073,063 1,834,883,063
Parent Company [Member] | Additional paid-in capital [Member]        
Statements of changes in shareholder's equity [Line Items]        
Balance   $ 162,687,212 $ 152,052,241 $ 126,786,049
Issuance of ordinary shares for share-based compensation   939,881 436,621 849,020
Share-based compensation recognized   1,045,448 1,547,780 1,573,729
Repurchase of ordinary shares     (12,410) (10,123,789)
Warrants exercised     $ 8,662,980 $ 32,967,232
Warrants forfeited      
Warrants expired   $ 2,202,000    
Other comprehensive income  
Dividends to shareholders ($0.002 per ordinary share)      
Net income (loss)  
Balance   $ 166,874,541 $ 162,687,212 $ 152,052,241
Parent Company [Member] | Warrants [Member]        
Statements of changes in shareholder's equity [Line Items]        
Balance   $ 5,548,000 $ 10,419,000 $ 15,566,332
Issuance of ordinary shares for share-based compensation  
Share-based compensation recognized  
Repurchase of ordinary shares    
Warrants exercised     $ (2,723,000) $ (5,147,332)
Warrants forfeited     $ (2,148,000)  
Warrants expired   $ (2,202,000)    
Other comprehensive income  
Dividends to shareholders ($0.002 per ordinary share)      
Net income (loss)  
Balance   $ 3,346,000 $ 5,548,000 $ 10,419,000
Parent Company [Member] | Accumulated other comprehensive income [Member]        
Statements of changes in shareholder's equity [Line Items]        
Balance   $ 57,531,228 $ 55,563,102 $ 46,618,263
Issuance of ordinary shares for share-based compensation  
Share-based compensation recognized  
Repurchase of ordinary shares    
Warrants exercised    
Warrants forfeited      
Warrants expired      
Other comprehensive income   $ 4,072,160 $ 1,968,126 $ 8,944,839
Dividends to shareholders ($0.002 per ordinary share)      
Net income (loss)  
Balance   $ 61,603,388 $ 57,531,228 $ 55,563,102
Parent Company [Member] | Retained Earnings [Member]        
Statements of changes in shareholder's equity [Line Items]        
Balance   $ 96,162,854 $ 114,574,241 $ 93,912,592
Issuance of ordinary shares for share-based compensation  
Share-based compensation recognized  
Repurchase of ordinary shares    
Warrants exercised    
Warrants forfeited      
Warrants expired      
Other comprehensive income  
Dividends to shareholders ($0.002 per ordinary share)     $ (40,999,308)  
Net income (loss)   $ (16,226,710) 22,587,921 $ 20,661,649
Balance   $ 79,936,144 $ 96,162,854 $ 114,574,241