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Prepaid Land Use Rights, net | 9 Months Ended
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Sep. 30, 2017
Prepaid Land Use Rights, net [Text Block] |
9. | Prepaid Land Use Rights, net
Prepaid land use rights as of December 31, 2016 and September 30, 2017 consisted of the followings:
|  |  | December 31, |  |  | September 30, |
|  |  | 2016 |  |  | 2017 |
| Prepaid land use rights | $ | 8,089,516 |  | $ | 8,441,790 |
| Accumulated amortization |  | (390,993 | ) |  | (534,647 | )
|  | $ | 7,698,523 |  | $ | 7,907,143 |
| Less: Classified as current assets |  | (161,790 | ) |  | (168,836 | )
|  | $ | 7,536,733 |  | $ | 7,738,307 |
Pursuant to a land use rights acquisition agreement dated August 10, 2014, the Company acquired the rights to use a piece of land with an area of 153,832m 2 in Dalian Economic Zone for 50 years up to August 9, 2064, at a total consideration of $7,974,575 (RMB53.1 million). Other incidental costs incurred totaled $467,214 (RMB3.1 million). Amortization expenses of the prepaid land use rights were $42,111 and $42,085 for the three months ended September 30, 2016 and 2017 and $128,044 and $123,797 for the nine months ended September 30, 2016 and 2017, respectively.

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- Definition Prepaid Land Use Rights, net and Assets and Liabilities Held For Sale + References No definition available. + Details
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Namespace Prefix: | cbak_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration