PROPERTY AND EQUIPMENT, NET

12 Months Ended

Dec. 31, 2015

PROPERTY AND EQUIPMENT, NET [Abstract]

PROPERTY AND EQUIPMENT, NET

7. PROPERTY AND EQUIPMENT, NET

Property and equipment, net consists of the following:

	As of December 31,
	2014			2015
Computer and transmission equipment	$	17,305,410		$	12,110,198
Furniture and office equipment		1,288,057			968,474
Motor vehicles		860,109			807,339
Leasehold improvements		2,885,943			2,724,033
Communication equipment		541,704			453,001
Office building		703,384			662,807
		23,584,607			17,725,852
Less: accumulated depreciation		(17,925,416	)		(13,071,978	)
	$	5,659,191		$	4,653,874

Depreciation expenses for the years ended December 31, 2013, 2014 and 2015 are $2,202,865, $2,319,480 and $2,828,428 respectively.