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COMMITMENTS | 12 Months Ended
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Dec. 31, 2013
Commitments and Contingencies Disclosure [Abstract] |
COMMITMENTS | 20. COMMITMENTS Lease Commitment On March 5, 2010, Xi’an TCH leased its office that expired on March 4, 2014, Xi’an TCH renewed the lease for another 3 years with a 8% increase on rent. Currently, the monthly rental payment is $18,000 (before March 4, 2014). In March 2013 Xi’an TCH leased an office in Jinan for three years until March 22, 2016, with a monthly payment of $3,800. The rent will be increased by 5% each year. For the years ended December 31, 2013 and 2012, the rental expense of Xi’an TCH was $275,500 and $213,000, respectively. In November 2012, Sifang Holding renewed its office in Beijing for monthly rent of $1,900 expired on December 18, 2013. Sifang was required to pay in advance for the first six months rent for $11,450 at the beginning of the lease. Sifang Holding terminated the lease at expiration. Future minimum annual rental payments required under operating leases as of December 31, 2013 were as below (by year):
2014 |  | $ | 278,000 |
2015 |  |  | 281,000 |
2016 |  |  | 246,000 |
2017 |  |  | 39,000 |
Total |  | $ | 844,000 |
Refer to Note 1 for additional details related to lease commitments with Shanxi Datong, Chengli, and Tianyu (and its subsidiaries Xuzhou Tian’an and Xuzhou Huayu) and Note 6 for commitment on construction in progress.

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- Definition The entire disclosure for significant arrangements with third parties, which includes operating lease arrangements and arrangements in which the entity has agreed to expend funds to procure goods or services, or has agreed to commit resources to supply goods or services, and operating lease arrangements. Descriptions may include identification of the specific goods and services, period of time covered, minimum quantities and amounts, and cancellation rights. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.25) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 25 -Article 5 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 03 -Paragraph 19 -Article 7 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 03 -Paragraph 17 -Article 9 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03.17) -URI http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03.(a)(19)) -URI http://asc.fasb.org/extlink&oid=6879938&loc=d3e572229-122910 + Details
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