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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
CASH FLOWS FROM OPERATING ACTIVITIES:    
Income including noncontrolling interest $ 2,750,665 $ 18,658,482
Adjustments to reconcile income including noncontrolling interest to net cash provided by operating activities:    
Depreciation and amortization 3,667 23,948
Investment income 300,957 (151,989)
Changes in deferred tax (2,073,235) (1,370,648)
Loss on sale of construction in progress of Xuzhou Zhongtai 2,765,716
Changes in assets and liabilities:    
Interest receivable on sales type leases (2,785,713) 377,892
Collection of principal on sales type leases 19,264,234 49,096,376
Prepaid expenses (68,773) (362,400)
Accounts receivable (10,106,830) 16,186
Other receivables (344,004) (1,229,488)
Construction in progress 20,612,058 (13,921,409)
Accounts payable 1,066,424 1,668,863
Taxes payable (175,134) (1,366,659)
Interest payable on entrusted loan (49,858) (25,702)
Accrued liabilities and other payables (727,410) 307,088
Net cash provided by operating activities 30,432,764 51,720,540
CASH FLOWS FROM INVESTING ACTIVITIES:    
Changes of restricted cash 1,101,308
Acquisition of property and equipment (20,017)
Net cash provided by (used in) investing activities 1,101,308 (20,017)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from loans 6,478,992
Repayment of loans (30,473,533) (36,565,810)
Long term payable (2,380,090)
Repayment of notes payable (990,277)
Advance from related parties 3,239
Net cash used in financing activities (31,463,810) (32,463,669)
EFFECT OF EXCHANGE RATE CHANGE ON CASH AND EQUIVALENTS (1,139,134) (1,933,210)
NET (DECREASE) INCREASE IN CASH AND EQUIVALENTS (1,068,872) 17,303,644
CASH AND EQUIVALENTS, BEGINNING OF PERIOD 41,749,388 35,871,030
CASH AND EQUIVALENTS, END OF PERIOD 40,680,516 53,174,674
Supplemental cash flow data:    
Income tax paid 1,148,757 4,586,391
Interest paid $ 7,888,466 $ 13,383,971