RESTATEMENT OF PREVIOUSLY ISSUED FINANCIAL STATEMNTS (Details 2) - USD ($)	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Net (loss) income	$ (9,669,092)	$ 7,692,510
Add: Foreign currency translation gain	23,452	47,538
Comprehensive loss	(9,645,640)	$ 7,740,048
Scenario, Previously Reported [Member]
Net (loss) income	(8,669,092)
Add: Foreign currency translation gain	23,452
Comprehensive loss	(8,645,640)
Restatement Adjustment [Member]
Net (loss) income	(1,000,000)
Add: Foreign currency translation gain
Comprehensive loss	$ (1,000,000)