XML 38 R42.htm IDEA: XBRL DOCUMENT
v3.20.1

Lease (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2019
Leases [Abstract] |
Schedule of prepaid land use rights |
|  | December 31, |  |  | December 31, |
|  | 2018 |  |  | 2019 |
Prepaid land use rights |  | $ | 8,167,587 |  |  | $ | - |
Accumulated amortization |  |  | (721,470 | ) |  |  | - |
|  | $ | 7,446,117 |  |  | $ | - |
Less: Classified as current assets |  |  | (163,352 | ) |  |  | - |
|  | $ | 7,282,765 |  |  | $ | - |
Prepaid land use rights |  | $ | 8,167,587 |
Accumulated amortization |  |  | (721,470 | )
|  | $ | 7,446,117 |
Less: Classified as right-of-use assets upon application of ASC 842 |  |  | (7,446,117 | )
At January 1, 2019 and December 31, 2019 |  | $ | - |
Schedule of right-of-use assets |
|  | Prepaid land lease payments |
Balance as of January 1, 2019 |  | $ | 7,446,117 |
Amortization charge for the year |  |  | (162,666 | )
Foreign exchange adjustment |  |  | (89,256 | )
Balance as of December 31, 2019 |  | $ | 7,194,195 |

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- Definition Tabular disclosure of prepaid land use rights. + References No definition available. + Details
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- References No definition available. + Details
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