Quarterly report pursuant to Section 13 or 15(d)

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details 3)

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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details 3) (USD $)
3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
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