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Consolidated Statements of Cash Flows
 6 Months Ended
Jun. 30, 2012
USD ($)
Jun. 30, 2011
USD ($)
CASH FLOWS FROM OPERATING ACTIVITIES:    
Income including noncontrolling interest $ 3,495,625 $ 8,941,266
Adjustments to reconcile income including noncontrolling interest to net cash provided by (used in) operating activities:    
Changes in sales type leases receivables   (11,343,798)
Depreciation and amortization 26,518 29,418
Amortization of prepaid loan fees 40,429  
Amortization of discount related to beneficial conversion feature 1,167,300 3,345,398
Interest expense from changes in fair value of conversion feature (1,127,400) (6,132,906)
Stock options and warrants expenses 112,814 1,445,327
Changes in deferred tax 567,071 607,580
(Increase) decrease in current assets:    
Interest receivable on sales type leases 1,698,382 (1,777,472)
Collection of principal on sales type leases 4,278,032 3,286,197
Prepaid expenses 60,883 28,430
Accounts receivables 18,954,315  
Other receivables 407,148 (1,370,926)
Construction in progress (200,136) (6,871,097)
Increase (decrease) in current liabilities:    
Accounts payable (697,805) (3,066,667)
Taxes payable (2,368,767) (222,960)
Interest payable 2,142,313 2,314,017
Refundable deposit from customers   290,471
Accrued liabilities and other payables 295,943 (123,975)
Accrued interest on convertible notes (100,182) (237,064)
Net cash provided by (used in) operating activities 28,752,483 (10,858,761)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Changes of restricted cash (679,757) 2,178,533
Acquisition of property & equipment (262) (4,071)
Net cash provided by (used in) investing activities (680,019) 2,174,462
CASH FLOWS FROM FINANCING ACTIVITIES:    
Issuance of convertible notes   7,583,801
Notes receivable - bank acceptances (76,101)  
Notes payable - bank acceptances   (2,904,710)
Proceeds from loans 4,756,318 4,127,746
Repayment of loans (1,902,527) (917,277)
Long term payable (583,506)  
Repayment of advance from related parties (3,418,368)  
Net cash provided by (used in) financing activities (1,224,184) 7,889,560
EFFECT OF EXCHANGE RATE CHANGE ON CASH & EQUIVALENTS (149,031) 283,075
NET INCREASE (DECREASE) IN CASH & EQUIVALENTS 26,699,249 (511,664)
CASH & EQUIVALENTS, BEGINNING OF PERIOD 14,949,253 11,072,250
CASH & EQUIVALENTS, END OF PERIOD 41,648,502 10,560,586
Supplemental Cash flow data:    
Income tax paid 2,700,191 1,395,651
Interest paid $ 1,887,443 $ 1,163,756