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CONSOLIDATED BALANCE SHEETS (USD $)
Mar. 31, 2014
Dec. 31, 2013
CURRENT ASSETS    
Cash & equivalents $ 16,237,957 $ 7,701,530
Restricted cash 731,458 2,296,249
Accounts receivable 12,535 71,573
Current portion of investment in sales type leases, net 8,353,510 9,063,386
Interest receivable on sales type leases 1,148,898 765,010
Prepaid expenses 991,438 1,045,802
Other receivables 1,604,529 1,813,220
Notes receivable 0 656,071
Prepaid loan fees - current 82,899 83,649
Total current assets 29,163,224 23,496,490
NON-CURRENT ASSETS    
Prepaid loan fees - noncurrent 103,623 125,474
Investment in sales type leases, net 172,007,924 175,441,561
Long term investment 702,833 738,513
Long term deposit 381,618 385,073
Property and equipment, net 34,334 44,243
Construction in progress 105,178,173 83,719,596
Total non-current assets 278,408,505 260,454,459
TOTAL ASSETS 307,571,729 283,950,949
CURRENT LIABILITIES    
Accounts payable 2,661,885 2,642,662
Notes payable - bank acceptances 3,576,015 5,740,622
Taxes payable 2,205,596 1,560,829
Accrued liabilities and other payables 1,597,252 1,517,191
Due to related parties 7,287,929 2,420,391
Deferred tax liability 1,351,555 1,442,317
Loans payable - current 10,971,864 14,925,618
Interest payable on entrusted loans 283,722 287,887
Current portion of long term payable 1,456,452 1,441,051
Total current liabilities 31,392,270 31,978,568
NONCURRENT LIABILITIES    
Deferred tax liability, net 12,201,609 11,884,068
Refundable deposit from customers for systems leasing 1,154,077 1,164,526
Long term payable 1,989,108 2,385,422
Loans payable 42,034,427 18,862,045
Entrusted loan payable 62,092,619 62,654,792
Total noncurrent liabilities 119,471,840 96,950,852
Total liabilities 150,864,110 128,929,421
CONTINGENCIES AND COMMITMENTS 0 0
STOCKHOLDERS' EQUITY    
Common stock, $0.001 par value; 100,000,000 shares authorized, 60,910,058 and 50,224,350 shares issued and outstanding as of March 31, 2014 and December 31, 2013, respectively 60,910 60,910
Additional paid in capital 78,130,053 78,130,053
Statutory reserve 10,041,240 9,672,754
Accumulated other comprehensive income 14,796,918 16,209,403
Retained earnings 53,357,830 50,603,291
Total Company stockholders' equity 156,386,951 154,676,411
Noncontrolling interest 320,668 345,117
Total equity 156,707,619 155,021,528
TOTAL LIABILITIES AND EQUITY $ 307,571,729 $ 283,950,949