XML 26 R14.htm IDEA: XBRL DOCUMENT

Construction in Progress

3 Months Ended

Mar. 31, 2017

8.	Construction in Progress

	Construction in progress as of December 31, 2016 and March 31, 2017 consisted of the following:

		December 31,		March 31,
		2016		2017
Construction in progress	$	33,277,338	$	32,989,048
Prepayment for acquisition of property, plant and equipment		179,705		65,859
Carrying amount	$	33,457,043	$	33,054,907

Construction in progress as of December 31, 2016 and March 31, 2017 was mainly comprised of capital expenditures for the construction of the facilities and production lines of Dalian BAK Power.

For the three months ended March 31, 2016 and 2017, the Company capitalized interest of $242,338 and $358,960 respectively, to the cost of construction in progress.