XML 44 R30.htm IDEA: XBRL DOCUMENT v3.20.2

Related Party Transaction (Details) - Schedule of related party transactions from whom amounts were received	6 Months Ended
	Jun. 30, 2020 USD ($)
Shanchun Huang [Member]
Related Party Transaction [Line Items]
Amount	$ 416,496
Relationship	Chief Executive Officer of the Company
Note	Loan payable
Shaanxi Fullmart Convenient Chain Supermarket [Member]
Related Party Transaction [Line Items]
Amount	$ 7,063
Relationship	Shaanxi Fullmart Commercial Holding (Xi'an) Co., Ltd. was 100% owned by Xiu Jun Wang, the ex-wife of Yongke Xue, the Chairman of the Company. Shaanxi Fullmart Commercial Holding (Xi'an) Co., Ltd. holds 16.67% equity of Fullmart.
Note	Accounts payables
Shaanxi Fullmart Convenient Chain Supermarket Management Co., Ltd. [Member]
Related Party Transaction [Line Items]
Amount	$ 134,190
Relationship	83.33% of the equity share of Fullmart management is owned by Shaanxi Fullmart Commercial Holding (Xi'an) Co., Ltd., which is owned 100% by Xiu Jun Wang, the ex-wife of Yongke Xue, the Chairman of the Company.
Note	Accounts payables
Kai Xu [Member]
Related Party Transaction [Line Items]
Amount	$ 20,484
Relationship	Chief Operating Officer of the Company
Note	Payable to employee
InUnion Chain Ltd. [Member]
Related Party Transaction [Line Items]
Amount	$ 288,695
Relationship	The Company is the 10% equity shareholder of INU
Note	Accounts payables
Zhi Yan [Member]
Related Party Transaction [Line Items]
Amount	$ 58,707
Relationship	Chief Technology Officer of the Company
Note	Payable to employee
Jing chen [Member]
Related Party Transaction [Line Items]
Amount	$ 4,706
Relationship	Chief Financial Officer of the Company
Note	Payable to employee
Zeyao Xue [Member]
Related Party Transaction [Line Items]
Amount	$ 305,725
Relationship	Son of the Chairman of the Company and a major shareholder of the Company of the Company
Note	Loan payable
Shenzen TianShunDa Equity Investment Fund Management Co., Ltd. [Member]
Related Party Transaction [Line Items]
Amount	$ 310,610
Relationship	TSD holds 26.36% of the equity interest of SkyPoeple (China), a subsidiary of the Company, which was sold to New Continent International Co., Ltd. on February 27, 2020.
Note	Accounts payables
Weicheng Pan [Member]
Related Party Transaction [Line Items]
Amount	$ 56,501
Relationship	Legal representative of GuangChengJi (Shanghai) Co., Ltd., a subsidiary of Future Fintech (Hong Kong) Limited
Note	Loan payable

X

- References

No definition available.

+ Details

Name:	ftft_RelatedPartiesRelationship
Namespace Prefix:	ftft_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

For an unclassified balance sheet, amounts due from related parties including affiliates, employees, joint ventures, officers and stockholders, immediate families thereof, and pension funds.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 850
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (d)
-URI http://asc.fasb.org/extlink&oid=6457730&loc=d3e39549-107864

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 210
-Section S99
-Paragraph 1
-Subparagraph (SX 210.9-03.10(3))
-URI http://asc.fasb.org/extlink&oid=120398452&loc=d3e534808-122878

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08.(k)(1))
-URI http://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 944
-SubTopic 210
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-03.3)
-URI http://asc.fasb.org/extlink&oid=120400017&loc=d3e572229-122910

+ Details

Name:	us-gaap_DueFromRelatedParties
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	debit
Period Type:	instant

X

- Definition

A description of the related party transaction, including transactions to which no amounts or nominal amounts were ascribed and such other information deemed necessary to an understanding of the effects of the transactions on the financial statements. Examples of common related party transactions are, sales, purchases and transfers of realty and personal property, services received or furnished, loans and leases to and from top management and affiliates.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 842
-SubTopic 30
-Section 50
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=121576215&loc=SL77919370-209981

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 850
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=6457730&loc=d3e39549-107864

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 840
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=121603689&loc=d3e36975-112693

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 842
-SubTopic 20
-Section 50
-Paragraph 7
-URI http://asc.fasb.org/extlink&oid=121609121&loc=SL77918703-209980

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 842
-SubTopic 40
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=121606570&loc=SL77919784-209982

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(23))
-URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682

+ Details

Name:	us-gaap_RelatedPartyTransactionDescriptionOfTransaction
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References

No definition available.

+ Details

Name:	us-gaap_RelatedPartyTransactionLineItems
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Details

Name:	us-gaap_RelatedPartyTransactionAxis=ftft_ShanchunHuangMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_RelatedPartyTransactionAxis=ftft_ShaanxiFullmartConvenientChainSupermarketMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_RelatedPartyTransactionAxis=ftft_ShaanxiFullmartConvenientChainSupermarketManagementCoLtdMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_RelatedPartyTransactionAxis=ftft_KaiXuMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_RelatedPartyTransactionAxis=ftft_InUnionChainLtdMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_RelatedPartyTransactionAxis=ftft_ZhiYanMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_RelatedPartyTransactionAxis=ftft_JingChenMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_RelatedPartyTransactionAxis=ftft_ZeyaoXueMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_RelatedPartyTransactionAxis=ftft_ShenzenTianShunDaEquityInvestmentFundManagementCoLtdMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_RelatedPartyTransactionAxis=ftft_WeichengPanMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type: