OPTIONS AND NONVESTED SHARES (Tables)

6 Months Ended

Jun. 30, 2013

Options and Nonvested Shares [Abstract]

SCHEDULE OF STOCK OPTIONS ACTIVITY

A summary of stock options activity for six months ended June 30, 2013 is as follow:

	Number of Options		Weighted Average Exercise Price		Weighted Average Remaining Contractual Term in Years		Aggregate Intrinsic Value
			USD				USD
Outstanding as of December 31, 2012		2,648,609		9.39		7.65		18,374,422
Granted		33,000		10.48
Exercised		(323,330)		8.25				4,267,299
Forfeited and expired		(150,680)		6.78
Outstanding as of June 30, 2013		2,207,599		9.75		7.45		29,679,283
Vested and expected to vest		2,207,599		9.75		7.45		29,679,283
Exercisable as of June 30, 2013		1,387,587		9.65		6.60		18,788,752

SCHEDULE OF STOCK OPTIONS VALUATION ASSUMPTION

	For six months ended
	June 30, 2013
Expected volatility		104	%
Expected dividends yield		0	%
Expected term		5 years
Risk-free interest rate (per annum)		0.72	%
Fair value of underlying ordinary shares (per share)	$	10.57

SCHEDULE OF NONVESTED SHARES ACTIVITY

A summary of nonvested shares activity for the six months ended June 30, 2013 is as follows:

	Number of  nonvested shares		Grant date weighted average fair value
			USD
Outstanding as of December 31, 2012		120,000		9.85
Granted		22,500		18.58
Vested		-		-
Forfeited		-		-
Outstanding as of June 30, 2013		142,500		11.23