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NONCONTROLLING INTEREST (Tables)
12 Months Ended
Dec. 31, 2014
NONCONTROLLING INTEREST  
Schedule of the effects of changes in the ownership interest of Taomee Holdings Limited in its subsidiaries on equity attributed to Taomee Holdings Limited

 

                                                                                                                                                                                    

 

 

December 31, 2012

 

December 31, 2013

 

December 31, 2014

 

 

 

USD

 

USD

 

USD

 

Net income attributable to Taomee Holdings Limited

 

$

8,861,867

 

$

5,441,260

 

$

1,006,457

 

Transfers (to) from the noncontrolling interest

 

 

 

 

 

 

 

 

 

 

Decrease in Taomee Holdings Limited's additional paid-in capital for adjustment on noncontrolling interest due to change in ownership interest in Guangdong Taomee*

 

 

—

 

 

(77,135

)

 

(60,051

)

Increase in Taomee Holdings Limited's additional paid-in capital for adjustment on noncontrolling interest due to change in ownership interest in Shanghai Xinsheng*

 

 

—

 

 

—

 

 

13,421

 

Decrease in Taomee Holdings Limited's additional paid-in capital for adjustment on noncontrolling interest due to change in ownership interest in Shanghai Jushou*

 

 

—

 

 

—

 

 

(92,706

)

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​

​  

​  

​

​  

​  

​

​  

​  

​

Change from net income attributable to Taomee Holdings Limited and transfers (to) from noncontrolling interests

 

$

8,861,867

 

$

5,364,125

 

$

867,121

 

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​

​  

​  

​

​  

​  

​

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​  

​

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*

The change in ownership interest is primarily due to the vesting of non-vested restricted shares by noncontrolling interest holders (Refer to Note 8).