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LINE OF CREDIT, SHORT TERM DEBT AND BANK ACCEPTANCE NOTES (Schedule of Short-Term Debt) (Details) - USD ($)
$ in Thousands
1 Months Ended 3 Months Ended
Mar. 25, 2016
Nov. 30, 2015
Oct. 31, 2015
Jul. 31, 2015
Jun. 30, 2015
Mar. 31, 2015
Mar. 31, 2016
Mar. 31, 2015
Dec. 31, 2015
Short-term Debt [Line Items]                  
Short term debt             $ 7,507   $ 7,702
CITIC [Member]                  
Short-term Debt [Line Items]                  
Short term debt [1]             3,629   3,081
Face amount $ 500   $ 3,100            
Term 1 year                
Interest rate 6.00%   5.90%            
ICBC [Member]                  
Short-term Debt [Line Items]                  
Short term debt [2]             $ 3,878   $ 4,621
Face amount   $ 1,100 $ 1,400 $ 1,100 $ 300 $ 800   $ 800  
Term   1 year 1 year 1 year 1 year 1 year      
Interest rate   6.10% 6.40% 6.70% 5.92% 5.40%   5.40%  
Weighted average interest rate             6.10% 6.90%  
[1] In October 2015, Jonway Auto borrowed a half year short-term loan of $3.1 million at annual interest rate of 5.9%. The loan is due on April 28, 2016. On March 25, 2016, Jonway Auto further borrowed a one year loan of $0.5 million at annual interest rate of 6.0%. The loan is due on March 25, 2017. All loans are secured by a Maximum Amount Mortgage Contract between Jonway Auto and CITIC dated November 3, 2014, in which a land use right and a building with a total carrying amount of $5.2 million as of March 31, 2016 has been pledged as security for these loans. The shareholder and CEO Alex Wang also personally guaranteed these loans. Subsequent to March 31, 2016, the Company renewed the loan of $3.1 million at annual interest of 5.9% with CITIC bank upon the loan's maturity on April 28, 2016.
[2] In March 2015, the company borrowed a one year short-term loan of $0.8 million from ICBC at an annual interest of 5.4% and fully repaid the loan upon maturity in March 2016. In June 2015, the company borrowed a one year short-term loan of $0.3 million from ICBC at an annual interest rate of 5.92%. In July 2015, the Company borrowed a one year short-term loan of $1.1 million from ICBC at an annual interest rate of 6.7%. In October 2015, the Company borrowed a one year short-term loan of $1.4 million at an annual interest of 6.4%. In November 2015, the Company borrowed a one year short-term loan of $1.1 million at an annual interest rate of 6.1%. These loans were guaranteed by related parties including Jonway Group, the shareholder Wang Huaiyi and the shareholder and CEO Alex Wang. The Company also pledged buildings and a land use right with a carrying value of $1.4 million with ICBC.