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Consolidated Statements of Income and Comprehensive Income (Loss) - USD ($)
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Revenue    
Contingent rental income $ 4,888,016 $ 6,489,504
Interest income on sales-type leases 3,312,465 6,610,169
Total operating income 8,200,481 13,099,673
Operating expenses    
Bad debt expense 32,210,656 1,744,717
Asset impairment loss on fixed assets and construction in progress 28,429,789
General and administrative 5,548,475 5,548,509
Total operating expenses 66,188,920 7,293,226
Income (loss) from operations (57,988,439) 5,806,447
Non-operating income (expenses)    
Interest income 153,532 143,606
Interest expense (8,738,148) (5,564,473)
Other expenses (42) (15,802)
Total non-operating expenses, net (8,584,658) (5,436,669)
Income (loss) before income tax (66,573,097) 369,778
Income tax expense 2,627,458 8,039,476
Loss before noncontrolling interest (69,200,555) (7,669,698)
Less: loss attributable to noncontrolling interest (3,203,657) (327,147)
Net loss attributable to China Recycling Energy Corporation (65,996,898) (7,342,551)
Other comprehensive items    
Foreign currency translation gain (loss) attributable to China Recycling Energy Corporation (5,481,483) 9,275,654
Foreign currency translation gain (loss) attributable to noncontrolling interest 137,670 (19,059)
Comprehensive income (loss) attributable to China Recycling Energy Corporation (71,478,381) 1,933,103
Comprehensive loss attributable to noncontrolling interest $ (3,065,987) $ (346,206)
Basic weighted average shares outstanding 8,658,267 8,310,198
Diluted weighted average shares outstanding 8,705,895 8,310,353
Basic loss per share $ (7.62) $ (0.88)
Diluted loss per share $ (7.62) $ (0.88)