STATUTORY RESERVES (Tables)

12 Months Ended

Dec. 31, 2012

Statutory Reserves [Abstract]

Statutory Reserve Activity

For the years ended December 31, 2012, 2011 and 2010, statutory reserve activity is as follows:

Balance – January 1, 2010	$	5,400,994
Addition to statutory reserves		2,155,193
Balance – December 31, 2010		7,556,187
Addition to statutory reserves		2,862,289
Balance – December 31, 2011		10,418,476
Addition to statutory reserves		4,148,370
Balance – December 31, 2012	$	14,566,846