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CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS EQUITY (Unaudited) (USD $)
Common Stock
Treasury Stock
Additional Paid-In Capital
Statutory Common Reserve
Retained Earnings
Cumulative Translation Adjustment
Total
Balance at Dec. 31, 2011 $ 17,373 $ (500,000) $ 74,107,979 $ 14,409,557 $ 133,314,581 $ 21,763,266 $ 243,112,756
Number of shares issued at Dec. 31, 2011 34,745,342            
Balance, shares at Dec. 31, 2011 34,560,743 184,599          
Translation adjustments           733,013 733,013
Issuance of stock options to employees       510,500          510,500
Common stock issued for acquiring assets 1,903    4,870,709          4,872,612
Common stock issued for acquiring assets, shares 3,806,728            
Net income          14,995,503    14,995,503
Transfer to statutory common reserve fund        1,564,330 (1,564,330)      
Balance at Dec. 31, 2012 19,276 (500,000) 79,489,188 15,973,887 146,745,754 22,496,279 264,224,384
Balance, shares at Dec. 31, 2012 38,367,471 184,599         38,367,471
Number of shares issued, ending balance at Dec. 31, 2012 38,552,070           38,552,070
Translation adjustments           9,258,450 9,258,450
Common stock issued for exercising stock options 107    (107)            
Common stock issued for exercising stock options, shares 213,131            (344,000)
Issuance of stock options to employees       544,900          544,900
Net income          20,967,358   20,967,358
Transfer to statutory common reserve fund        1,291,685 (1,291,685)     
Balance at Dec. 31, 2013 $ 19,383 $ (500,000) $ 80,033,981 $ 17,265,572 $ 166,421,427 $ 31,754,729 $ 294,995,092
Balance, shares at Dec. 31, 2013 38,580,602 184,599         38,580,602
Number of shares issued, ending balance at Dec. 31, 2013 38,765,201           38,765,201