XML 78 R62.htm IDEA: XBRL DOCUMENT
v3.8.0.1

Loans Secured by Real Estate - Schedule of Long Term Bank Loans (Details) (Parenthetical) |  | 1 Months Ended | 12 Months Ended
--- | --- | --- | ---
Sep. 30, 2017 USD ($) | Dec. 31, 2017 USD ($) ft² | Aug. 31, 2013 USD ($) | May 31, 2013 USD ($) | Dec. 31, 2017 USD ($) | Dec. 31, 2016 USD ($)
Bank loans from financial institutions |  |  | $ 2,770,987 |  |  |  | $ 2,770,987 |  | $ 567,170 |
Standard Chartered Saadiq Berhad [Member] |  |  |  |  |  |  |  |  |  |
Bank loans from financial institutions |  |  | 363,974 | [1] |  | $ 495,170 | $ 363,974 | [1] | $ 337,464 | [1]
Interest rate on bank loans |  |  |  |  |  | 2.10% |  |  |  |
Number of installments on bank loan |  |  |  |  |  | 300 monthly installments |  |  |  |
Monthly installment of bank loan |  |  |  |  |  | $ 2,840 |  |  |  |
Bank loan mature date |  |  |  |  |  | May 31, 2038 |  |  |  |
Standard Chartered Saadiq Berhad [Member] | Base Rate [Member] |  |  |  |  |  |  |  |  |  |
Base lending rate per annum |  |  |  |  |  |  | 6.70% |  | 6.70% |
Standard Chartered Saadiq Berhad [Member] | MYR [Member] |  |  |  |  |  |  |  |  |  |
Bank loans from financial institutions |  |  |  |  |  | $ 1,629,744 |  |  |  |
Monthly installment of bank loan |  |  |  |  |  | $ 9,287 |  |  |  |
United Overseas Bank (Malaysia) Berhad [Member] |  |  |  |  |  |  |  |  |  |
Bank loans from financial institutions |  |  | 249,459 | [2] | $ 326,530 |  | $ 249,459 | [2] | $ 229,706 | [2]
Interest rate on bank loans |  |  |  |  | 2.20% |  |  |  |  |
Number of installments on bank loan |  |  |  |  | 360 monthly installments |  |  |  |  |
Monthly installment of bank loan |  |  |  |  | $ 1,645 |  |  |  |  |
Bank loan mature date |  |  |  |  | Aug. 31, 2043 |  |  |  |  |
United Overseas Bank (Malaysia) Berhad [Member] | Base Rate [Member] |  |  |  |  |  |  |  |  |  |
Base lending rate per annum |  |  |  |  |  |  | 6.81% |  | 6.81% |
United Overseas Bank (Malaysia) Berhad [Member] | MYR [Member] |  |  |  |  |  |  |  |  |  |
Bank loans from financial institutions |  |  |  |  | $ 1,074,696 |  |  |  |  |
Monthly installment of bank loan |  |  |  |  | $ 5,382 |  |  |  |  |
Bank of China Limited [Member] |  |  |  |  |  |  |  |  |  |
Bank loans from financial institutions | [3] |  | $ 1,383,360 |  |  |  | $ 1,383,360 |  |  |
Interest rate on bank loans |  |  | 6.125% |  |  |  |  |  |  |
Number of installments on bank loan |  |  | 5-year-or-above RMB base lending rate per annum with 120 monthly installments |  |  |  |  |  |  |
Bank loan mature date |  |  | Dec. 31, 2027 |  |  |  |  |  |  |
Acquisition of leasehold office units | ft² |  |  | 5,000 |  |  |  |  |  |  |
Interest rate, effective percentage |  |  | 25.00% |  |  |  | 25.00% |  |  |
Repayment of principal |  |  | $ 11,528 |  |  |  |  |  |  |
Bank of China Limited [Member] | RMB [Member] |  |  |  |  |  |  |  |  |  |
Bank loans from financial institutions |  |  | 9,000,000 |  |  |  | $ 9,000,000 |  |  |
Repayment of principal |  |  | 75,000 |  |  |  |  |  |  |
Greenpro Management Consultancy (Shenzhen) Limited [Member] | Restricted-Cash Fixed Deposit [Member] |  |  |  |  |  |  |  |  |  |
Secured mortgage loan amount |  |  | 153,707 |  |  |  | 153,707 |  |  |
Greenpro Management Consultancy (Shenzhen) Limited [Member] | RMB [Member] | Restricted-Cash Fixed Deposit [Member] |  |  |  |  |  |  |  |  |  |
Secured mortgage loan amount |  |  | $ 1,000,000 |  |  |  | $ 1,000,000 |  |  |
Laboratory Jane Clare Limited [Member] |  |  |  |  |  |  |  |  |  |
Bank loans from financial institutions |  | $ 1,032,258 |  |  |  |  |  |  |  |
Interest rate on bank loans |  | 8.40% |  |  |  |  |  |  |  |
Bank loan mature date |  | Sep. 12, 2018 |  |  |  |  |  |  |  |
Laboratory Jane Clare Limited [Member] | Hong Kong Dollar [Member] |  |  |  |  |  |  |  |  |  |
Bank loans from financial institutions |  | $ 8,000,000 |  |  |  |  |  |  |  |
[1] | In May 2013, the Company obtained a loan in the principal amount of MYR1,629,744 (approximately $495,170) from Standard Chartered Saadiq Berhad, a financial institution in Malaysia to finance the acquisition of leasehold office units at Skypark One City, Selangor in Kuala Lumpur, Malaysia which bears interest at the base lending rate less 2.1% per annum (6.7% at December 31, 2017 and 2016) with 300 monthly installments of MYR9,287 (approximately $2,840) each and will mature in May 2038. The mortgage loan is secured by (i) the first legal charge over the property, (ii) personally guaranteed by Mr. Lee Chong Kuang and Mr. Loke Che Chan Gilbert, the directors of the Company, and (iii) guaranteed by a related corporation which is controlled by the directors of the Company.
[2] | In August 2013, the Company, through Mr. Lee Chong Kuang, the director of the Company, obtained a loan in the principal amount of MYR1,074,696 (approximately $326,530) from United Overseas Bank (Malaysia) Berhad, a financial institution in Malaysia to finance the acquisition of a leasehold office unit at Northpoint, Mid Valley City in Kuala Lumpur, Malaysia which bears interest at the base lending rate less 2.2% per annum (6.81% at December 31, 2017 and 2016) with 360 monthly installments of MYR5,382 (approximately $1,645) each and will mature in August 2043. The mortgage loan is secured by the first legal charge over the property.
[3] | In December 2017, the Company obtained a loan in the principal amount of RMB 9,000,000 (approximately $1,383,360) from Bank of China Limited, a financial institution in China to finance the acquisition of leasehold office units of approximately 5,000 square feet at the Di Wang Building (Shun Hing Square), Shenzhen, China (the Property). The loan bears interest at a 25% premium above the 5-year-or-above RMB base lending rate per annum (6.125% at December 31, 2017) with 120 monthly installments and will mature in December 2027. The monthly installment will be determined by the sum of (i) a 25% premium above the 5-year-or-above RMB base lending rate per annum on the 20th day of each month for the interest payment and (ii) RMB75,000 (approximately $11,528) for the fixed repayment of principal. The mortgage loan is secured by (i) the first legal charge over the Property, (ii) a restricted-cash fixed time deposit of RMB 1,000,000 (approximately $153,707) of the Company, (iii) the accounts receivable of Greenpro Management Consultancy (Shenzhen) Limited, (iv) corporate guaranteed by the Company and by a related company which is controlled by the Loke Che Chan Gilbert, and (v) personally guaranteed by Ms. Chen Yanhong, the legal representative of Greenpro Management Consultancy (Shenzhen) Limited and a shareholder of the Company.

X
- Definition Acquisition of leasehold office units. + References No definition available. + Details
Name: | GRNQ_AcquisitionOfLeaseholdOfficeUnits
Namespace Prefix: | GRNQ_
Data Type: | num:areaItemType
Balance Type: | na
Period Type: | duration

X
- Definition Percentage points added to the reference rate to compute the variable rate on the debt instrument. + References No definition available. + Details
Name: | us-gaap_DebtInstrumentBasisSpreadOnVariableRate1
Namespace Prefix: | us-gaap_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition The average effective interest rate during the reporting period. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=64930785&loc=d3e28551-108399 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22(a)(1)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
Name: | us-gaap_DebtInstrumentInterestRateDuringPeriod
Namespace Prefix: | us-gaap_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Effective interest rate for the funds borrowed under the debt agreement considering interest compounding and original issue discount or premium. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22(a)(1)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=64930785&loc=d3e28551-108399 + Details
Name: | us-gaap_DebtInstrumentInterestRateEffectivePercentage
Namespace Prefix: | us-gaap_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Date when the debt instrument is scheduled to be fully repaid, in CCYY-MM-DD format. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22(a)(2)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
Name: | us-gaap_DebtInstrumentMaturityDate
Namespace Prefix: | us-gaap_
Data Type: | xbrli:dateItemType
Balance Type: | na
Period Type: | duration

X
- Definition Description of the payment terms of the debt instrument (for example, whether periodic payments include principal and frequency of payments) and discussion about any contingencies associated with the payment. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22(a)(3)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 470 -Section 50 -Paragraph 3 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=75038535&loc=d3e64711-112823 + Details
Name: | us-gaap_DebtInstrumentPaymentTerms
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Amount of the required periodic payments including both interest and principal payments. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 470 -Section 50 -Paragraph 3 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=75038535&loc=d3e64711-112823 + Details
Name: | us-gaap_DebtInstrumentPeriodicPayment
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Including the current and noncurrent portions, carrying value as of the balance sheet date of loans from a bank with maturities initially due after one year or beyond the normal operating cycle if longer. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03(16)(a)) -URI http://asc.fasb.org/extlink&oid=6879938&loc=d3e572229-122910 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(22)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03(16)) -URI http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878 + Details
Name: | us-gaap_LoansPayableToBank
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition The cash outflow to settle a bank borrowing during the year. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 15 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=98514028&loc=d3e3291-108585 + Details
Name: | us-gaap_RepaymentsOfBankDebt
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Carrying value as of the balance sheet date, including the current and noncurrent portions, of collateralized debt obligations (with maturities initially due after one year or beyond the operating cycle, if longer). Such obligations include mortgage loans, chattel loans, and any other borrowings secured by assets of the borrower. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03(16)) -URI http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(22)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03(a)(16)) -URI http://asc.fasb.org/extlink&oid=6879938&loc=d3e572229-122910 + Details
Name: | us-gaap_SecuredDebt
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Details
Name: | dei_LegalEntityAxis=GRNQ_StandardCharteredSaadiqBerhadMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_VariableRateAxis=us-gaap_BaseRateMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_CurrencyAxis=GRNQ_MyrMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | dei_LegalEntityAxis=GRNQ_UnitedOverseasBankBerhadMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | dei_LegalEntityAxis=GRNQ_BankofChinaLimitedMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_CurrencyAxis=GRNQ_RMBMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | dei_LegalEntityAxis=GRNQ_GreenproManagementConsultancyShenzhenLimitedMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FairValueByAssetClassAxis=GRNQ_RestrictedCashFixedDepositMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | dei_LegalEntityAxis=GRNQ_LaboratoryJaneClareLimitedMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_CurrencyAxis=GRNQ_HongKongDollarMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |