Quarterly report pursuant to Section 13 or 15(d)

INTANGIBLE ASSETS - Future amortization of intangible assets (Details)

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INTANGIBLE ASSETS - Future amortization of intangible assets (Details) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
INTANGIBLE ASSETS        
Amortization expense $ 639,887 $ 1,961,411 $ 1,345,846 $ 3,987,310
Future amortization of intangible assets, net of foreign currency translation adjustments        
2017 1,018,300   1,018,300  
2018 1,932,854   1,932,854  
2019 1,849,273   1,849,273  
2020 1,539,520   1,539,520  
2021 1,370,920   1,370,920  
2022 and thereafter 3,647,855   3,647,855  
Total $ 11,358,722   $ 11,358,722