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CONDENSED PARENT COMPANY FINANCIAL INFORMATION (Tables)
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12 Months Ended |
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Dec. 31, 2013
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| Condensed Financial Information Of Parent Company Only Disclosure [Abstract] |
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| Schedule of Condensed Balance Sheet [Table Text Block] |
As of December 31, 2013, there were no material contingencies, significant provisions for long-term obligations, or guarantees of the Company, except as separately disclosed in the Company’s consolidated financial statements, if any. CONDENSED BALANCE SHEETS | | | December 31, | | | | | 2013 | | 2012 | | | | | | | | | | | | Assets | | | | | | | | | Cash | | $ | 246,684 | | $ | 3,565,355 | | | Prepaid expenses | | | 2,820 | | | 24,000 | | | Investments in subsidiaries | | | 36,808,242 | | | 396,709,649 | | | Total current assets | | | 37,057,746 | | | 400,299,004 | | | | | | | | | | | | Other assets | | | | | | | | | Prepaid operating license rights | | | 215,381,356 | | | - | | | Total assets | | $ | 252,439,102 | | $ | 400,299,004 | | | | | | | | | | | | Liabilities and equity | | | | | | | | | Current liabilities | | | | | | | | | Accrued liabilities and other payables | | $ | 201,672 | | $ | 18 | | | | | | | | | | | | Shareholders' equity | | | | | | | | | Total shareholders' equity | | | 252,237,430 | | | 400,298,986 | | | Total liabilities and equity | | $ | 252,439,102 | | $ | 400,299,004 | | |
| Schedule of Condensed Income Statement [Table Text Block] |
CONDENSED STATEMENTS OF INCOME | | | Year Ended December 31, | | | | | 2013 | | 2012 | | | | | | | | | | | | Cost of revenue | | $ | (720,339) | | $ | - | | | General and administrative expenses | | | (2,225,543) | | | (2,366,419) | | | Other income | | | 117 | | | - | | | Equity in income of subsidiaries | | | 100,345,185 | | | 108,161,433 | | | Net income | | $ | 97,399,420 | | $ | 105,795,014 | | |
| Schedule of Condensed Cash Flow Statement [Table Text Block] |
CONDENSED STATEMENTS OF CASH FLOW | | | Year Ended December 31, | | | | | 2013 | | 2012 | | | | | | | | | | | | Net cash used in operating activities | | $ | (2,002,592) | | $ | (2,390,401) | | | Net cash provided by investing activities | | | 123,865,099 | | | - | | | Net cash (used in)/provided by financing activities | | | (125,181,178) | | | 5,955,756 | | | Net (decrease)/increase in cash | | | (3,318,671) | | | 3,565,355 | | | Cash at the beginning of the year | | | 3,565,355 | | | - | | | Cash at the end of the year | | $ | 246,684 | | $ | 3,565,355 | | |