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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
CASH FLOWS FROM OPERATING ACTIVITIES:    
Income including noncontrolling interest $ 7,278,818 $ 3,495,625
Adjustments to reconcile income including noncontrolling interest to net cash provided by (used in) operating activities:    
Changes in sales type leases receivables (27,702,800) 0
Depreciation and amortization 23,143 26,518
Amortization of prepaid loan fees 40,857 40,429
Amortization of discount related to conversion feature of convertible note 0 1,167,300
Changes in fair value of conversion feature liability 0 (1,127,400)
Stock options and warrants expenses 0 112,814
Changes in deferred tax 1,419,815 567,071
Changes in assets and liabilities:    
Interest receivable on sales type leases 262,055 1,698,382
Collection of principal on sales type leases 4,751,915 4,278,032
Prepaid expenses 433 60,883
Accounts receivable 17,251 18,954,315
Other receivables (49,562) 407,148
Construction in progress 5,257,935 (200,136)
Accounts payable (1,842,164) (697,805)
Taxes payable 154,630 (2,368,767)
Interest payable 1,964,953 2,142,313
Accrued liabilities and other payables 255,153 295,943
Accrued interest on convertible notes (202,975) (100,182)
Long term refundable deposit from customer 240,335 0
Net cash provided by (used in) operating activities (8,130,208) 28,752,483
CASH FLOWS FROM INVESTING ACTIVITIES:    
Changes in restricted cash 1,863,073 (679,757)
Acquisition of property & equipment (20,741) (262)
Long term investment (640,892) 0
Net cash (provided by) used in investing activities 1,201,440 (680,019)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Notes receivable - bank acceptances (801,115) (76,101)
Proceeds from loans 4,806,691 4,756,318
Repayment of loans (9,453,159) (1,902,527)
Long term payable (637,889) (583,506)
Repayment of advance from related parties 0 (3,418,368)
Net cash used in financing activities (6,085,472) (1,224,184)
EFFECT OF EXCHANGE RATE CHANGE ON CASH & EQUIVALENTS 641,174 (149,031)
NET INCREASE (DECREASE) IN CASH & EQUIVALENTS (12,373,066) 26,699,249
CASH & EQUIVALENTS, BEGINNING OF PERIOD 45,004,304 14,949,253
CASH & EQUIVALENTS, END OF PERIOD 32,631,238 41,648,502
Supplemental Cash flow data:    
Income tax paid 2,203,339 2,700,191
Interest paid $ 1,518,052 $ 1,887,443