EARNINGS (LOSS) PER SHARE (Tables)

12 Months Ended

Dec. 31, 2012

Schedule of Earnings Per Share [Table Text Block]

		2012			2011		2010
Net (loss) income attributable to the Company	$	(89,630,508	)	$	7,909,398	$	34,402,004
Weighted average outstanding shares of common stock		27,017,780			26,737,638		25,907,217
Effect of dilutive securities
Warrants		-			-		-
Contingently issuable shares		-			227,368		165,289
Earnings per share:
Basic	$	(3.32	)	$	0.30	$	1.33
Diluted	$	(3.32	)	$	0.29	$	1.32