Annual report pursuant to Section 13 and 15(d)

INTANGIBLE ASSETS - Future amortization of current intangible assets (Details)

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INTANGIBLE ASSETS - Future amortization of current intangible assets (Details) - USD ($)
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Future amortization of intangible assets, net    
2016 $ 7,495,068  
2017 5,312,559  
2018 3,715,236  
2019 2,879,831  
2020 2,143,028  
2021 and therafter 3,911,917  
Total 25,457,639  
Amortization and depreciation $ 10,825,164 $ 5,528,280