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EQUITY (Tables) | 6 Months Ended
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Jun. 30, 2014
Stockholders' Equity Note [Abstract] |
Schedule of Statutory Surplus Reserve Activity [Table Text Block] | As of June 30, 2014 and December 31, 2013, statutory surplus reserve activity was as follows:
|  | June 30, |  | December 31, |
|  | 2014 US$ |  | 2013 US$ |
Balance – beginning of year |  | 76,260 |  | 75,489 |
Addition to statutory reserves |  | (2,257) |  | 771 |
Balance –end of period |  | 74,003 |  | 76,260 |
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block] | The Company valued the stock options using the Black-Scholes model with the following assumptions:
|  | Expected Terms (years) |  | Expected Volatility |  | Dividend Yield |  | Risk Free Interest Rate |  | Grant Date Fair Value Per share |
Employees |  | 5 |  | 126 | % | 0 | % | 0.83 | % | $ | 1.22 |
Directors and officers |  | 5 |  | 126 | % | 0 | % | 0.83 | % | $ | 1.22 |
Chen Ping |  | 5 |  | 192 | % | 0 | % | 1.41 | % | $ | 2.30 |
Disclosure of Share-based Compensation Arrangements by Share-based Payment Award [Table Text Block] | The following is a summary of the option activity:
|  |  |  | Weighted Average |  | Aggregate |
Stock options |  | Shares |  | Exercise Price |  | Intrinsic Value |
Outstanding as of December 31, 2012 |  | 450,000 |  | $ | 1.45 |  |  | - |
Granted |  | - |  |  |  |  |  |  |
Forfeited |  | - |  |  |  |  |  |  |
Exercised |  | - |  |  |  |  |  |  |
Outstanding as of June 30, 2013 |  | 450,000 |  | $ | 1.45 |  |  | 400,500 |
|  |  |  |  | Weighted Average |  | Aggregate |
Stock options |  | Shares |  | Exercise Price |  | Intrinsic Value |
Outstanding as of December 31, 2013 |  |  | 442,000 |  |  | 1.63 |  |  | 994,160 |
Granted |  |  | - |  |  |  |  |  |  |
Forfeited |  |  | - |  |  |  |  |  |  |
Exercised |  |  | (134,000) |  |  |  |  |  |  |
Outstanding as of June 30, 2014 |  |  | 308,000 |  | $ | 1.65 |  |  | 1,568,300 |
Schedule of Share-based Compensation Shares Authorized Under Stock Option Plans by Exercise Price Range [Table Text Block] | Following is a summary of the status of options outstanding and exercisable at June 30, 2014:
Outstanding options |  | Exercisable options |
Average Exercise price |  | Number |  | Average remaining contractual life(years) |  | Average Exercise price |  | Number |  | Average remaining contractual life(years) |
$ | 1.45 |  | 214,000 |  | 2.5 |  | $ | 1.45 |  | 71,600 |  | 2.5 |
$ | 2.30 |  | 94,000 |  | 4.3 |  | $ | 2.30 |  | - |  | - |

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- Definition Tabular disclosure of components of a stock option or other award plan under which equity-based compensation is awarded to employees, typically comprised of the amount of unearned compensation (deferred compensation cost), compensation expense, and changes in the quantity and fair value of the shares (or other type of equity) granted, exercised, forfeited, and issued and outstanding pertaining to that plan. Disclosure may also include nature and general terms of such arrangements that existed during the period and potential effects of those arrangements on shareholders, effect of compensation cost arising from equity-based payment arrangements on the income statement, method of estimating the fair value of the goods or services received, or the fair value of the equity instruments granted, during the period, cash flow effects resulting from equity-based payment arrangements and, for registrants that accelerate vesting of out of the money share options, reasons for the decision to accelerate. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5047-113901 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 + Details
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- Definition Tabular disclosure of share-based compensation plans that may be presented in a single table for outstanding, vested and expected to vest, and exercisable awards. The information that may be disclosed in this table may include, but is not limited to, number of shares, weighted average exercise price, weighted average remaining contractual life, and aggregate intrinsic value. + References No definition available. + Details
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- Definition Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock options, including, but not limited to: (a) expected term of share options and similar instruments, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (f)(2) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 + Details
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