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Consolidated Balance Sheets (Unaudited) - USD ($)
Mar. 31, 2016
Dec. 31, 2015
CURRENT ASSETS    
Cash and equivalents $ 34,559,148 $ 41,749,388
Restricted cash 866,712 1,130,344
Accounts receivable 33,640,810 15,399,778
Current portion of investment in sales-type leases, net 6,925,405 6,679,019
Interest receivable on sales type leases 554,541 555,451
Prepaid expenses 791,509 1,179,778
Other receivables 518,523 553,886
Total current assets 77,856,648 67,247,644
NON-CURRENT ASSETS    
Investment in sales-type leases, net 131,969,396 133,079,634
Long term investment 1,008,811 950,470
Long term deposit 57,319 57,033
Property and equipment, net 15,634 17,724
Construction in progress 90,284,296 115,522,068
Total non-current assets 223,335,456 249,626,929
TOTAL ASSETS 301,192,104 316,874,573
CURRENT LIABILITIES    
Accounts payable 130,784 427,732
Notes payable - bank acceptances 1,331,022 1,130,344
Taxes payable 1,068,366 1,058,417
Accrued liabilities and other payables 2,262,066 3,199,395
Due to related parties 44,159 44,059
Deferred tax liability, net 1,532,207 1,538,105
Loans payable - current 6,190,800 6,159,911
Interest payable on entrusted loans 270,149 268,801
Current portion of entrusted loan payable 43,335,603 43,119,379
Total current liabilities 56,165,156 56,946,143
NONCURRENT LIABILITIES    
Deferred tax liability, net 10,691,719 10,771,348
Refundable deposit from customers for systems leasing 1,563,177 1,555,378
Loans payable 2,166,780 18,187,138
Entrusted loan payable 15,786,541 15,707,773
Total noncurrent liabilities 30,208,217 46,221,637
Total liabilities $ 86,373,373 $ 103,167,780
CONTINGENCIES AND COMMITMENTS
STOCKHOLDERS' EQUITY    
Common stock, $0.001 par value; 100,000,000 shares authorized, 83,084,035 shares issued and outstanding as of March 31, 2016 and December 31, 2015, respectively $ 83,084 $ 83,084
Additional paid in capital 111,714,392 111,714,392
Statutory reserve 13,944,016 13,823,789
Accumulated other comprehensive income 4,279,972 3,210,315
Retained earnings 84,634,401 84,661,602
Total Company stockholders' equity 214,655,865 213,493,182
Noncontrolling interest 162,866 213,611
Total equity 214,818,731 213,706,793
TOTAL LIABILITIES AND EQUITY $ 301,192,104 $ 316,874,573