STATUTORY RESERVES (Tables)

12 Months Ended

Dec. 31, 2013

Statutory Reserves [Abstract]

Statutory Reserve Activity

For the years ended December 31, 2013, 2012 and 2011, statutory reserve activity is as follows:

Balance – January 1, 2011	$	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
Addition to statutory reserves		4,156,990
Balance – December 31, 2013	$	18,723,836