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SHORT-TERM BORROWINGS FROM THIRD PARTIES (Details Textual) - USD ($)
1 Months Ended 3 Months Ended 9 Months Ended
Jul. 15, 2016
Aug. 24, 2016
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Dec. 31, 2015
Debt Instrument, Interest Rate, Stated Percentage     8.00%   8.00%    
Short-term Debt, Average Outstanding Amount     $ 2,226,753 $ 0 $ 742,251 $ 0  
Merit Crown Limited [Member]              
Debt Instrument, Face Amount     3,519,580   3,519,580   $ 0
US Dollar Loan [Member]              
Debt Instrument, Face Amount     $ 1,500,000   $ 1,500,000   $ 2,000,000
US Dollar Loan [Member] | Hong Kong Takung Assets and Equity of Artworks Exchange Co., Limited [Member]              
Debt Instrument, Face Amount $ 1,500,000 $ 2,000,000          
Debt Instrument, Interest Rate, Stated Percentage 8.00% 8.00%          
Debt Instrument, Maturity Date Dec. 31, 2016 Dec. 31, 2016          
Short-term Debt [Member]              
Debt Instrument, Interest Rate During Period       0.00%   0.00%