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Business Combinations (Tables) | 3 Months Ended
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Mar. 31, 2017
Business Combinations [Abstract] |
Schedule of Fair Value of Assets Acquired and Liabilities | As of the acquisition date, the allocations of the purchase price are stated as follows:
|  | F&A |  |  | Yabez |  |  | Total |
Plant and equipment |  | $ | 1,270 |  |  | $ | 3,026 |  |  | $ | 4,296 |
Accounts receivable |  |  | 103,578 |  |  |  | 39,435 |  |  |  | 143,013 |
Prepayments, deposits and other receivables |  |  | 5,467 |  |  |  | 6,479 |  |  |  | 11,946 |
Cash and cash equivalents |  |  | 21,520 |  |  |  | 29,050 |  |  |  | 50,570 |
Accounts payable and accrued liabilities |  |  | (129,039 | ) |  |  | (39,627 | ) |  |  | (168,666 | )
Intangible assets |  |  | 449,500 |  |  |  | 175,000 |  |  |  | 624,500 |
Goodwill* |  |  | 1,211,864 |  |  |  | 260,865 |  |  |  | 1,472,729 |
Provisional fair value of F&A and Yabez, respectively |  |  | 1,664,160 |  |  |  | 474,228 |  |  |  | 2,138,388 |
Non-controlling interest |  |  | - |  |  |  | (85,291 | ) |  |  | (85,291 | )
Total purchase consideration* |  | $ | 1,664,160 |  |  | $ | 388,937 |  |  | $ | 2,053,097 |
*The goodwill was adjusted from $1,402,316 in 2015 to $1,472,729 in 2016 due to finalize the purchase price allocation and valuation of the acquired entities. **Total purchase considerations were consisted of 2,080,200 and 486,171 shares of GRNQ common stock, which is priced at $0.80 per share, for F&A and Yabez respectively.

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- Definition Tabular disclosure of the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed. May include but not limited to the following: (a) acquired receivables; (b) contingencies recognized at the acquisition date; and (c) the fair value of noncontrolling interests in the acquiree. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=84161108&loc=d3e4845-128472 + Details
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