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PROPERTY, PLANT AND EQUIPMENT | 12 Months Ended
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Jun. 30, 2012
Property, Plant and Equipment [Abstract] |
Property Plant and Equipment Excluding Construction Progress Disclosure [Text Block] | NOTE 6 - PROPERTY, PLANT AND EQUIPMENT Property, plant and equipment consist of the following:
|  | As of June 30, |
|  | 2012 |  |  | 2011 |
Building and improvements |  | $ | 36,174,009 |  |  | $ | 44,032,549 |
Auto |  |  | 835,412 |  |  |  | 1,491,849 |
Machinery and equipment |  |  | 63,280,923 |  |  |  | 37,570,652 |
Agriculture assets |  |  | 3,163,286 |  |  |  | 1,607,333 |
Total property, plant and equipment |  |  | 103,453,630 |  |  |  | 84,702,383 |
Less: accumulated depreciation |  |  | (23,388,469 | ) |  |  | (18,490,942 | )
Total |  | $ | 80,065,161 |  |  | $ | 66,211,441 |
Depreciation expenses for the years ended June 30, 2012, 2011 and 2010 were $4,429,960, $4,161,068 and $2,310,596, respectively. Agriculture assets consist of reproductive trees that are expected to be commercially productive for a period of eight years.

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- Definition The entire disclosure for long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software exclude construction in progress. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures. + References No definition available. + Details
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- Details
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