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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
CASH FLOWS FROM OPERATING ACTIVITIES:    
Income including noncontrolling interest $ 41,746 $ 4,127,460
Adjustments to reconcile income including noncontrolling interest to net cash provided by (used in) operating activities:    
Depreciation and amortization 2,157 19,268
Investment income (53,019) (4,473)
Changes in deferred tax (145,728) $ 125,508
Loss on sale of construction in progress of Xuzhou Zhongtai 2,823,328
Changes in assets and liabilities:    
Interest receivable on sales type leases 3,657 $ (415,672)
Collection of principal on sales type leases 1,548,477 1,357,399
Prepaid expenses 390,102 400,447
Accounts receivable (17,975,738) (72,133)
Other receivables (513,657) (740,307)
Construction in progress 22,726,423 (4,285,439)
Accounts payable (103,005) 294,480
Taxes payable 4,593 (867,846)
Accrued liabilities and other payables (942,141) (1,031,212)
Net cash provided by (used in) operating activities 7,807,195 $ (1,092,520)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Changes of restricted cash $ 817,914
Acquisition of property and equipment $ (19,711)
Net cash provided by (used in) investing activities $ 817,914 (19,711)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Repayment of loans $ (15,944,737) (5,579,993)
Long term payable $ (2,393,972)
Advance from related parties $ 100
Net cash used in financing activities (15,944,637) $ (7,973,965)
EFFECT OF EXCHANGE RATE CHANGE ON CASH AND EQUIVALENTS 129,288 (132,408)
NET DECREASE IN CASH AND EQUIVALENTS (7,190,240) (9,218,604)
CASH AND EQUIVALENTS, BEGINNING OF PERIOD 41,749,388 35,871,030
CASH AND EQUIVALENTS, END OF PERIOD 34,559,148 26,652,426
Supplemental cash flow data:    
Income tax paid 343,544 1,729,716
Interest paid $ 3,556,997 $ 5,278,919