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Loans Payable (Tables)

6 Months Ended

Jun. 30, 2012

Future Minimum Payment to be made by Years

As of June 30, 2012, the future minimum payment to be made by years is as follows: 

2013		$	1,641,131
2014			1,641,131
2015			1,641,131
2016			1,641,133
Total		$	6,564,526
Unamortized interest			(986,646	)
Total long term payable			5,577,880
Current portion			1,234,665
Non current portion		$	4,343,215

Bank Loans

Future Minimum Payment to be made by Years

As of June 30, 2012, the future minimum repayment of all the bank loans to be made by years is as follows:

2012			$	14,387,580
2013				7,747,158
2014				6,798,526
2015				1,581,052
Total			$	30,514,316

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- Definition

Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation.

+ References

No definition available.

+ Details

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