XML 33 R71.htm IDEA: XBRL DOCUMENT v2.4.0.6
BORROWINGS (Details 3) (USD $)
Dec. 31, 2012
Dec. 31, 2011
Long-term    
Total $ 214,562,973 $ 88,249,027
Average interest rate on long-term borrowings (as a percent) 6.68% 6.70%
Future principal repayment on the long-term bank loans    
2013 17,481,257  
2014 75,732,288  
2015 33,232,774  
2016 and after 105,597,911  
Total 232,044,230  
Less: future principal repayment related to long-term loan, current portion (17,481,257) (113,998,340)
Total long-term portion 214,562,973 88,249,027
Unsecured
   
Long-term    
Total 142,969,791 4,761,210
Future principal repayment on the long-term bank loans    
Total long-term portion 142,969,791 4,761,210
Borrowings secured by land use right and property, plant and equipment
   
Long-term    
Total 71,593,182 83,487,817
Future principal repayment on the long-term bank loans    
Total long-term portion $ 71,593,182 $ 83,487,817