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v3.19.1

Restatement (Details 1) - USD ($) | 3 Months Ended | 9 Months Ended
--- | --- | ---
Jun. 30, 2016 | Jun. 30, 2015 | Sep. 30, 2016 | Sep. 30, 2015
Change in Accounting Estimate [Line Items] |  |  |  |
Contingent rental income | $ 1,683,723 | $ 1,240 | $ 2,791,444 | $ 274,676
Cost of sales |  |  |  |
Gross profit | 1,683,723 | (1,479) | 2,791,444 | 3,247,807
Interest income on sales-type leases | 1,682,428 | 5,167,974 | 9,879,962 | 17,989,599
Total operating income | 3,366,151 | 5,166,495 | 12,671,406 | 21,237,406
General and administrative expenses | 1,431,719 | 543,078 | 3,064,746 | 1,776,101
Impairment loss on net investment receivable | 1,184,209 |  | (57,168,035) |
Income from operations | 3,118,641 | 4,623,417 | (47,561,375) | 19,461,305
Income (loss) from operations | (1,419,963) | (567,070) | (7,902,663) | 2,293,303
Income (loss) before income tax | 1,698,678 | 4,056,347 | (55,464,038) | 21,754,608
Income tax expense (benefit) | 88,926 | 796,663 | (7,092,359) | 3,096,126
Net income (loss )attributable to China Recycling Energy Corporation | 1,689,673 | 3,266,591 | (48,144,553) | 18,681,506
Foreign currency translation gain (loss) | (2,096,212) | (8,713,755) | (5,800,108) | (8,494,720)
Comprehensive income (loss) attributable to China Recycling Energy Corporation | (406,539) | $ (5,447,164) | (53,944,661) | $ 10,186,786
As Previously Reported [Member] |  |  |  |
Change in Accounting Estimate [Line Items] |  |  |  |
Contingent rental income |  |  |  |
Cost of sales |  |  |  |
Gross profit |  |  |  |
Interest income on sales-type leases | 2,286,948 |  | 10,945,411 |
Total operating income | 2,286,948 |  | 10,945,411 |
General and administrative expenses | 299,110 |  | 1,153,894 |
Impairment loss on net investment receivable |  |  |  |
Income from operations | 1,987,838,000 |  |  |
Income (loss) from operations |  |  | 9,791,517 |
Income (loss) before income tax | 567,875 |  | 1,888,854 |
Income tax expense (benefit) | 110,957 |  | (861,811) |
Net income (loss )attributable to China Recycling Energy Corporation | 536,839 |  | 2,977,791 |
Foreign currency translation gain (loss) | (1,400,319) |  | (5,899,631) |
Comprehensive income (loss) attributable to China Recycling Energy Corporation | (863,480) |  | (2,921,840) |
Net Adjustment [Member] |  |  |  |
Change in Accounting Estimate [Line Items] |  |  |  |
Contingent rental income | 1,683,723 |  | 1,100,962 |
Cost of sales | 0 |  | (7,204) |
Gross profit | 1,683,723 |  | 1,108,166 |
Interest income on sales-type leases | (604,520) |  | (1,065,449) |
Total operating income | 1,079,203 |  | 1,725,995 |
General and administrative expenses | 1,132,609 |  | 1,910,852 |
Impairment loss on net investment receivable | (1,184,209) |  | 57,168,035 |
Income from operations | 1,130,803,000 |  |  |
Income (loss) from operations |  |  | (57,352,892) |
Income (loss) before income tax | 1,130,803 |  | (57,352,892) |
Income tax expense (benefit) | (22,031) |  | (6,230,548) |
Net income (loss )attributable to China Recycling Energy Corporation | 1,152,834 |  | (51,122,344) |
Foreign currency translation gain (loss) | (695,893) |  | 99,523 |
Comprehensive income (loss) attributable to China Recycling Energy Corporation | $ 456,941 |  | $ (51,022,821) |

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