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Commitments | 6 Months Ended
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Jun. 30, 2017
Commitments [Abstract] |
COMMITMENTS | 19. COMMITMENTS Lease Commitment On March 4, 2014, Xi’an TCH’s office lease expired and Xi’an TCH renewed this lease for two years; the monthly rental payment is $20,140. The lease for the office in Xi’an was renewed for two years starting on March 5, 2016 with a monthly rental payment of $21,804 but payable quarterly in advance. For the six months ended June 30, 2017 and 2016, the rental expense of Xi’an TCH was $118,413 and $126,384, respectively. For the three months ended June 30, 2017 and 2016, the rental expense of Xi’an TCH was $59,348 and $69,658, respectively. Future minimum annual rental payments required under operating leases as of June 30, 2017 were as below (by year):
2018 |  | $ | 189,124 |
Total |  | $ | 189,124 |
Construction Commitment Refer to Note 1 for additional details related to lease commitments with Chengli, Tianyu (and its subsidiaries Xuzhou Tian’an and Xuzhou Huayu), and Zhongtai and Note 8 for commitments 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 440 -URI http://asc.fasb.org/topic&trid=2144648 + Details
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