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Prepaid Land Use Rights, net
 9 Months Ended
Jun. 30, 2014
Prepaid Land Use Rights, net [Text Block]

7. Prepaid Land Use Rights, net

Prepaid land use rights as of September 30, 2013 and June 30, 2014 consisted of the followings:

 

   September 30, 2013     June 30, 2014  

Prepaid land use rights

 $ 25,104,833   $   -  

Accumulated amortization

   (3,664,541 )   -  

 

 $ 21,440,292   $   -  

Less: Classified as current assets

   (707,810 )   -  

 

 $ 20,732,482   $   -  

Amortization expenses for the continuing operations were $150,712 and $418,720 for the three and nine months ended June 30, 2014, respectively.

Amortization expenses for the continuing operations were $543,386 and $831,840 for the three and nine months ended June 30, 2013, respectively.