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Document and Entity Information - shares | 9 Months Ended |
--- | --- | ---
Sep. 30, 2016 | Nov. 10, 2016
Document and Entity Information [Abstract] |  |
Entity Registrant Name | CHINA RECYCLING ENERGY CORP |
Entity Central Index Key | 0000721693 |
Trading Symbol | CREG |
Amendment Flag | true |
Amendment Description | In response to a comment letter received from the Securities and Exchange Commission (the ''SEC''), dated December 4, 2018, China Recycling Energy Corporation (the ''Company,'' ''we,'' ''us'' or ''our'') is filing this Amendment No. 1 on Form 10-Q/A to our Quarterly Report on Form 10-Q for the quarter ended September 30, 2016, originally filed with the SEC on November 14, 2016 (the ''Original Form 10-Q'') for the following purposes: reevaluate the leases for Erdos TCH as a result of a supplemental agreement effective on May 1, 2016, wherein Erdos TCH cancelled monthly minimum lease payments from Erdos, charged Erdos based on actual electricity sold at RMB 0.30 / Kwh, and concluded the lease payments that depend on a factor directly related to the future use of the leased property were contingent rentals and, accordingly, were excluded from minimum lease payments in their entirety. The Company therefore wrote off the net investment receivables of these leases on May 1, 2016. This Form 10-Q/A should be read in conjunction with the Company's periodic filings made with the SEC subsequent to the filing date of the Original Form 10-Q, including any amendments to those filings, as well as any Current Reports, filed on Form 8-K subsequent to the date of the Original Form 10-Q. In addition, in accordance with applicable rules and regulations promulgated by the SEC, the Company's Chief Executive Officer and Chief Financial Officer are providing currently dated certifications in connection with this Form 10-Q/A. The certifications are filed as Exhibits 31.3, 31.4, 32.3 and 32.4. Because this Form 10-Q/A sets forth the Original Form 10-Q in its entirety, it includes both items that have been changed as a result of the amended disclosures and items that are unchanged from the Original Form 10-Q. Other than the revision of the disclosures as discussed above, this Form 10-Q/A speaks as of the original filing date of the Original Form 10-Q and has not been updated to reflect other events occurring subsequent to the original filing date. This includes forward-looking statements and all other sections of this Form 10-Q/A that were not directly impacted by this amendment, which should be read in their historical context. |
Current Fiscal Year End Date | --12-31 |
Document Type | 10-Q/A |
Document Period End Date | Sep. 30, 2016 |
Document Fiscal Period Focus | Q3 |
Document Fiscal Year Focus | 2016 |
Entity Filer Category | Non-accelerated Filer |
Entity Small Business | true |
Entity Emerging Growth Company | false |
Entity Ex Transition Period | false |
Entity Common Stock, Shares Outstanding |  | 8,310,198

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