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CONSOLIDATED BALANCE SHEETS (USD $)
Jun. 30, 2013
Dec. 31, 2012
CURRENT ASSETS    
Cash & equivalents $ 32,631,238 $ 45,004,304
Restricted cash 890,155 2,725,002
Notes receivable 809,232 0
Accounts receivable 65,807 81,819
Current portion of investment in sales type leases, net 10,785,754 10,389,028
Interest receivable on sales type leases 663,529 912,467
Prepaid expenses 50,002 49,581
Other receivables 173,267 121,109
Advance to related party 449,490 440,987
Prepaid interest on trust loans 830,272 816,164
Prepaid loan fees - current 81,714 81,139
Total current assets 47,430,460 60,621,600
NON-CURRENT ASSETS    
Prepaid loan fees - noncurrent 165,911 202,848
Investment in sales type leases, net 143,027,721 118,021,435
Long term investment 647,385 0
Long term deposit 395,224 388,508
Property and equipment, net 67,059 68,305
Construction in progress 18,080,155 22,993,905
Total non-current assets 162,383,455 141,675,001
TOTAL ASSETS 209,813,915 202,296,601
CURRENT LIABILITIES    
Accounts payable 487,040 239,722
Notes payable - bank acceptances 1,618,463 3,659,216
Taxes payable 1,552,456 1,372,535
Accrued liabilities and other payables 3,328,610 1,534,829
Deferred tax liability 2,682,262 2,471,925
Bank loans payable - current 13,271,400 13,523,188
Trust loans payable 31,964,653 31,421,526
Interest payable on trust loans 2,308,319 317,962
Cinda note payable 3,766,694 3,766,694
Accrued interest on Cinda note 180,954 383,929
Current portion of long term payable 1,367,192 1,292,185
Total current liabilities 62,528,043 59,983,711
NONCURRENT LIABILITIES    
Deferred tax liability, net 7,945,696 6,565,618
Refundable deposit from customers for systems leasing 841,601 588,656
Long term payable 3,078,793 3,711,658
Bank loans payable 8,092,317 12,091,321
Total noncurrent liabilities 19,958,407 22,957,253
Total liabilities 82,486,450 82,940,964
CONTINGENCIES AND COMMITMENTS      
STOCKHOLDERS' EQUITY    
Common stock, $0.001 par value; 100,000,000 shares authorized, 50,224,350 shares issued and outstanding 50,225 50,225
Additional paid in capital 61,457,837 58,501,642
Statutory reserve 8,597,232 7,766,002
Accumulated other comprehensive income 13,914,760 11,554,225
Retained earnings 43,307,411 37,107,107
Total Company stockholders' equity 127,327,465 114,979,201
Noncontrolling interest 0 4,376,436
Total equity 127,327,465 119,355,637
TOTAL LIABILITIES AND EQUITY $ 209,813,915 $ 202,296,601