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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
CASH FLOWS FROM OPERATING ACTIVITIES:    
Income including noncontrolling interest $ 565,677 $ 2,293,747
Adjustments to reconcile income including noncontrolling interest to net cash provided by (used in) operating activities:    
Depreciation and amortization 760 3,156
Stock option expense 4,647
Investment income (87,331) (105,975)
Changes in deferred tax 117,315 (1,878,676)
Loss on sales of construction in progress of Xuzhou Zhongtai 2,822,679
Changes in assets and liabilities:    
Interest receivable on sales type leases (2,922,393) (957,028)
Collection of principal on sales type leases 574,006 19,668,078
Prepaid expenses 578,292 794,023
Accounts receivable (19,809,197)
Other receivables (1,692,112) (181,410)
Notes receivable (786,061)
Construction in progress (1,575,823) 22,051,212
Accounts payable 661,102 271,044
Taxes payable (51,783) 128,935
Interest payable on entrusted loan 3,722,719 (24,299)
Accrued liabilities and other payables (291,187) (1,014,498)
Net cash provided by (used in) operating activities (1,182,172) 24,061,791
CASH FLOWS FROM INVESTING ACTIVITIES:    
Changes of restricted cash 572,715
Net cash provided by investing activities 572,715
CASH FLOWS FROM FINANCING ACTIVITIES:    
Repayment of loans (727,834) (22,755,463)
Advance from related parties 274
Net cash used in financing activities (727,834) (22,755,189)
EFFECT OF EXCHANGE RATE CHANGE ON CASH AND EQUIVALENTS 1,133,676 (891,989)
NET INCREASE (DECREASE) IN CASH AND EQUIVALENTS (776,330) 987,328
CASH AND EQUIVALENTS, BEGINNING OF PERIOD 47,752,353 41,749,388
CASH AND EQUIVALENTS, END OF PERIOD 46,976,023 42,736,716
Supplemental cash flow data:    
Income tax paid 1,128,756 697,232
Interest paid $ 14,363 $ 5,944,795