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Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
CASH FLOWS FROM OPERATING ACTIVITIES:    
Loss including noncontrolling interest $ (69,200,555) $ (7,669,698)
Adjustments to reconcile loss including noncontrolling interest to net cash provided by (used in) operating activities:    
Depreciation 2,041 1,332
Amortization of OID and debt issuing costs of convertible note 16,589
Bad debt expense 32,210,656 1,744,717
Asset impairment loss 28,429,789
Stock option expense 7,647
Investment income (loss) (469) 176,481
Changes in deferred tax 1,022,985 (1,061,548)
Changes in assets and liabilities:    
Interest receivable on sales type leases (184,591) (4,561,000)
Collection of principal on sales type leases 2,444,151 1,305,124
Prepaid expenses 696,525 (14,083)
Other receivables (461,789) (509,529)
Accounts receivables (159,283) (2,408,924)
Notes receivable 967,144 (947,894)
Construction in progress (7,130,851) (3,233,251)
Accounts payable 2,611,011 1,576,876
Taxes payable 717,487 8,128,237
Interest payable on entrusted loan 10,093,477 7,638,951
Accrued liabilities and other payables 93,968 (458,541)
Net cash provided by (used in) operating activities 2,168,285 (285,103)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Repayment of loans (740,542)
Proceeds from issuance of common stock 2,689,190
Convertible note payable 1,000,000
Net cash provided by (used in) financing activities 3,689,190 (740,542)
EFFECT OF EXCHANGE RATE CHANGE ON CASH AND EQUIVALENTS (2,464,576) 3,103,535
NET INCREASE IN CASH AND EQUIVALENTS 3,392,899 2,077,890
CASH AND EQUIVALENTS, BEGINNING OF YEAR 49,830,243 47,752,353
CASH AND EQUIVALENTS, END OF YEAR 53,223,142 49,830,243
Supplemental cash flow data:    
Income tax paid 1,160,017 1,815,010
Interest paid $ 14,614