COMMITMENTS AND CONTINGENCIES (Tables)

12 Months Ended

Dec. 31, 2015

COMMITMENTS AND CONTINGENCIES [Abstract]

Schedule of Future Minimum Lease Payments under Non-Cancelable Operating Lease Agreements

Future minimum lease payments under non-cancelable operating leases agreements are as follows:

Year ending
2016	$	3,872,536
2017		1,688,411
2018		913,832
2019		612,526

Future Minimum Purchase Obligations Payments Under Non-Cancelable Purchase Agreements

The Company entered into a series of agreements with content providers to develop WVAS, mobile games and internet games. The future minimum purchase obligations payments under non-cancelable purchase agreements are approximately as follows:

Year ending
2016	$	1,557,290
2017		1,044,133
2018		106,926
2019		173
2020 and thereafter		-