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BUSINESS ACQUISITION (Tables) | 12 Months Ended
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Dec. 31, 2012
BUSINESS ACQUISITION |
Schedule of allocation of acquisition cost to assets acquired and liabilities assumed, based on their estimated fair values at time of acquisition |
Accounts receivable |  | $ | 1,914,723 |
Property, plant and equipment |  |  | 2,451,000 |
Accounts payable assumed |  |  | (1,772,334 | )
Lease payoff |  |  | (259,385 | )
Net assets acquired |  |  | 2,334,004 |
Purchase price |  |  | 1,542,389 |
Bargain purchase gain |  | $ | 791,615 |

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- Definition Tabular disclosure of all of the fair values of the purchase price and assets and liabilities acquired in a business combination. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 30 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=7488404&loc=d3e6927-128479 + Details
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