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CONDENSED FINANCIAL INFORMATION OF THE PARENT COMPANY - CONDENSED BALANCE SHEETS (Details) - USD ($)
Mar. 31, 2020
Mar. 31, 2019
ASSETS:    
TOTAL ASSETS $ 78,382,476 $ 173,255,842
LIABILITIES:    
Accrued expenses and other current liabilities 2,918,416 2,791,099
Note payable balance 20,000,000 20,000,000
Consideration payable   14,289,371
TOTAL LIABILITIES 30,281,587 46,752,684
SHAREHOLDERS' EQUITY:    
Ordinary shares, $0.0001 par value, 500,000,000 shares authorized, 49,984,223 and 49,625,303 shares issued and outstanding as of March 31, 2020 and 2019, respectively. 4,999 4,963
Additional paid-in capital 60,559,583 59,806,865
Treasury stock (3,988,370) (1,320,468)
(Deficit) retained earnings (1,429,623) 69,768,756
Accumulated other comprehensive loss (7,045,700) (1,756,958)
TOTAL SHAREHOLDERS' EQUITY 48,100,889 126,503,158
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 78,382,476 $ 173,255,842
Ordinary shares, par value (in US dollars per share) $ 0.0001 $ 0.0001
Ordinary shares, shares authorized (in shares) 500,000,000 500,000,000
Ordinary shares, shares issued (in shares) 49,984,223 49,625,303
Ordinary shares, shares outstanding (in shares) 48,818,340 49,204,083
Parent Company | Reportable Legal Entities    
ASSETS:    
Cash $ 1,709,149 $ 24,828,067
Prepayment and other assets 5,796 349,990
Investments in subsidiaries, VIEs and VIEs' subsidiaries 66,588,444 135,632,715
TOTAL ASSETS 68,303,389 160,810,772
LIABILITIES:    
Accrued expenses and other current liabilities 202,500 18,243
Note payable balance 20,000,000 20,000,000
Consideration payable   14,289,371
TOTAL LIABILITIES 20,202,500 34,307,614
SHAREHOLDERS' EQUITY:    
Ordinary shares, $0.0001 par value, 500,000,000 shares authorized, 49,984,223 and 49,625,303 shares issued and outstanding as of March 31, 2020 and 2019, respectively. 4,999 4,963
Additional paid-in capital 60,559,583 59,806,865
Treasury stock (3,988,370) (1,320,468)
(Deficit) retained earnings (1,429,623) 69,768,756
Accumulated other comprehensive loss (7,045,700) (1,756,958)
TOTAL SHAREHOLDERS' EQUITY 48,100,889 126,503,158
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 68,303,389 $ 160,810,772
Ordinary shares, par value (in US dollars per share) $ 0.0001 $ 0.0001
Ordinary shares, shares authorized (in shares) 500,000,000 500,000,000
Ordinary shares, shares issued (in shares) 49,984,223 49,625,303
Ordinary shares, shares outstanding (in shares) 49,625,303 47,958,550