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CONSOLIDATED BALANCE SHEETS (USD $)
Dec. 31, 2011
Dec. 31, 2010
CURRENT ASSETS    
Cash & equivalents $ 14,949,253 $ 11,072,250
Restricted cash 317,415 2,151,690
Notes receivable 82,528   
Accounts receivable 19,113,812   
Current portion of investment in sales type leases, net 8,725,345 7,624,637
Interest receivable on sales type leases 2,423,184 554,930
Prepaid expenses 145,615 33,274
Other receivables 530,283 393,015
Prepaid loan fees - current 80,941   
Total current assets 46,368,376 21,829,796
NON-CURRENT ASSETS    
Prepaid interest 814,169 774,609
Prepaid loan fees - noncurrent 283,293   
Investment in sales type leases, net 127,576,695 117,586,131
Long term deposit 387,559   
Property and equipment, net 116,815 159,968
Construction in progress 32,466,242 25,377,983
Total non-current assets 161,644,773 143,898,691
TOTAL ASSETS 208,013,149 165,728,487
CURRENT LIABILITIES    
Accounts payable 3,907,854 5,012,640
Notes payable - bank acceptances 634,830 2,868,921
Taxes payable 2,943,034 1,631,900
Accrued liabilities and other payables 1,279,558 2,874,058
Advance from related parties 2,981,977 1,365,877
Convertible notes, net of discount due to beneficial conversion feature 4,626,645 4,403,078
Deferred tax liability - current 1,624,665 1,188,504
Bank loans payable - current 6,983,129 1,811,950
Trust loans payable - current 3,174,150 5,081,010
Conversion feature liability on convertible notes 1,127,401   
Current portion of long term payable 1,183,516   
Total current liabilities 30,980,070 26,810,290
NONCURRENT LIABILITIES    
Shares to be issued    8,970,587
Deferred tax liability, net 6,388,537 6,429,139
Refundable deposit from customers 587,218 286,892
Long term payable 4,999,718   
Convertible notes, net of discount net of discount due to beneficial conversion feature    4,095,356
Conversion feature liability on convertible notes    6,438,035
Accrued interest on long term convertible notes    419,922
Bank loans payable 20,790,681 2,264,937
Trust loans payable 31,503,436 32,992,586
Total noncurrent liabilities 64,269,590 61,897,454
Total liabilities 95,249,660 88,707,744
CONTINGENCIES AND COMMITMENTS      
STOCKHOLDERS' EQUITY    
Common stock, $0.001 par value; 100,000,000 shares authorized, 46,474,350 and 39,198,982 shares issued and outstanding as of December 31, 2011 and 2010, respectively 46,475 39,200
Additional paid in capital 55,416,140 44,666,824
Statutory reserve 7,051,843 5,203,605
Accumulated other comprehensive income 11,284,190 6,083,840
Retained earnings 34,414,271 17,622,514
Total Company stockholders' equity 108,212,919 73,615,983
Noncontrolling interest 4,550,570 3,404,760
Total equity 112,763,489 77,020,743
TOTAL LIABILITIES AND EQUITY 208,013,149 165,728,487
Interest payable on Trust loans
    
CURRENT LIABILITIES    
Interest payable 345,311 380,524
Accrued interest on convertible notes - current
    
CURRENT LIABILITIES    
Interest payable $ 168,000 $ 191,828