ORGANIZATION AND SIGNIFICANT ACCOUNTING POLICIES -Narrative(Details) - USD ($) |
12 Months Ended | |
|---|---|---|
Dec. 31, 2016 |
Dec. 31, 2015 |
|
| ORGANIZATION AND SIGNIFICANT ACCOUNTING POLICIES Details | ||
| Bad debt expense | $ 1,086,449 | $ 10,147,293 |
| Uncollectable trade accounts receivable | 13,500,000 | 19,700,000 |
| Advances to Suppliers and Advances from Customers | ||
| Company recognized bad debt expense | 0 | 4,100,000 |
| Valuation of Long-Lived Assets | ||
| Impairment adjustments related to advances | 3,962,141 | 104,544 |
| Retirement Benefit Plans | ||
| Retirement Benefit Plans | $ 261,063 | $ 270,488 |