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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details 3) (USD $)
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3 Months Ended | 9 Months Ended | ||
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Sep. 30, 2014
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Sep. 30, 2013
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Sep. 30, 2014
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Sep. 30, 2013
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| Net income | ||||
| From continuing operation | $ 14,194,530 | $ 5,044,031 | $ 52,425,607 | $ 17,315,920 |
| From discontinued operation | 0 | 12,362,523 | 0 | 39,461,777 |
| Net income | $ 14,194,530 | $ 17,406,554 | $ 52,425,607 | $ 56,777,697 |
| Weighted average number of ordinary shares outstanding (Basic and diluted) (in shares) | 79,055,053 | 79,055,053 | 79,055,053 | 78,641,031 |
| Earnings per ordinary share (Basic and diluted) | ||||
| From continuing operations (in dollars per share) | $ 0.18 | $ 0.06 | $ 0.66 | $ 0.22 |
| From discontinued operations (in dollars per share) | $ 0.00 | $ 0.16 | $ 0.00 | $ 0.50 |
| Net income applicable to ordinary shares (in dollars per share) | $ 0.18 | $ 0.22 | $ 0.66 | $ 0.72 |
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- Definition
The amount of net income or loss for the period per each share in instances when basic and diluted earnings per share are the same amount and reported as a single line item on the face of the financial statements. Basic earnings per share is the amount of net income or loss for the period per each share of common stock or unit outstanding during the reporting period. Diluted earnings per share includes the amount of net income or loss for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. No definition available.
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- Details
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- Definition
This element represents the income or loss from continuing operations attributable to the economic entity which may also be defined as revenue less expenses and taxes from ongoing operations before extraordinary items, and noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The amount of net income (loss) from continuing operations per each basic and diluted share of common stock or unit when the per share amount is the same for both basic and diluted shares. No definition available.
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- Definition
Amount of income (loss) from a disposal group, net of income tax before extraordinary items allocable to noncontrolling interests. Includes, net of tax, income (loss) from operations during the phase-out period, gain (loss) on disposal, provision (or any reversals of earlier provisions) for loss on disposal, and adjustments of a prior period gain (loss) on disposal. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Per basic and diluted share amount, after tax, of income (loss) from the day-to-day business activities of the discontinued operation and gain (loss) from the disposal of the discontinued operation, when the per share amount is the same. No definition available.
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- Definition
The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Definition
Average number of shares or units issued and outstanding that are used in calculating basic and diluted earnings per share (EPS). No definition available.
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