AVAILABLE-FOR-SALE SECURITIES (Tables)

12 Months Ended

Dec. 31, 2015

AVAILABLE-FOR-SALE SECURITIES [Abstract]

Schedule of carrying amount and fair value of the available-for-sale securities

		As of December 31, 2014
		Original cost		Gross unrealized gains		Gross unrealized losses		Provision for decline in value		Carrying amount and fair value
Short-term investment:

Ourgame International Holdings Limited ("Ourgame")	(a)	$	16,380,050	$	3,633,437		-		-	$	20,013,487

		As of December 31, 2015
		Original cost		Gross unrealized gains		Gross unrealized losses			Provision for decline in value		Carrying amount and fair value
Short-term investment:

Ourgame	(a)	$	17,281,947	$	27,186,579		-			-	$	44,468,526
Forgame Holdings Limited ("Forgame")	(b)	$	22,825,900		-	$	(2,538,912	)		-	$	20,286,988

Long-term investment:

Debt securities	(c)	$	2,401,378	$	367,816		-			-	$	2,769,194

- Definition

Tabular disclosure of available-for-sale securities which includes, but is not limited to, changes in the cost basis and fair value, fair value and gross unrealized gain (loss), fair values by type of security, contractual maturity and classification, amortized cost basis, contracts to acquire securities to be accounted for as available-for-sale, debt maturities, transfers to trading, change in net unrealized holding gain (loss) net of tax, continuous unrealized loss position fair value, aggregate losses qualitative disclosures, other than temporary impairment (OTTI) losses or other disclosures related to available for sale securities.

+ References + Details