WARRANTY CLAIMS (Tables)

12 Months Ended

Dec. 31, 2015

WARRANTY CLAIMS [Abstract]

Schedule of Accrued Warranty Expenses

The movement of accrued warranty expenses for the year ended December 31, 2015 is as follows:

Beginning balance at January 1, 2014	$	5,657,106
Aggregate increase for new warranties issued during current period		2,047,684
Aggregate reduction for payments made		(1,866,447)
Ending balance at December 31, 2015	$	5,838,343