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Consolidated Balance Sheets (Unaudited) - USD ($)
Sep. 30, 2016
Dec. 31, 2015
CURRENT ASSETS    
Cash and equivalents $ 40,680,516 $ 41,749,388
Restricted cash 1,130,344
Accounts receivable 25,723,889 15,399,778
Current portion of investment in sales-type leases, net 6,973,954 6,679,019
Interest receivable on sales type leases 3,094,017 555,451
Prepaid expenses 1,215,873 1,179,778
Other receivables 387,477 553,886
Total current assets 78,075,726 67,247,644
NON-CURRENT ASSETS    
Investment in sales-type leases, net 52,512,266 133,079,634
Long term investment 623,881 950,470
Long term deposit 63,953 57,033
Property and equipment, net 13,575 17,724
Construction in progress 89,003,252 115,522,068
Total non-current assets 142,216,927 249,626,929
TOTAL ASSETS 220,292,653 316,874,573
CURRENT LIABILITIES    
Accounts payable 1,591,091 427,732
Notes payable - bank acceptances 1,130,344
Taxes payable 854,429 1,058,417
Accrued liabilities and other payables 2,850,652 3,199,395
Due to related parties 44,059 44,059
Deferred tax liability, net 1,103,309 1,538,105
Loans payable - current 748,750 6,159,911
Interest payable on entrusted loans 211,626 268,801
Current portion of entrusted loan payable 49,417,473 43,119,379
Total current liabilities 56,821,389 56,946,143
NONCURRENT LIABILITIES    
Deferred tax liability, net 2,578,984 10,771,348
Refundable deposit from customers for systems leasing 1,063,224 1,555,378
Loans payable 18,187,138
Entrusted loan payable 299,500 15,707,773
Total noncurrent liabilities 3,941,708 46,221,637
Total liabilities 60,763,097 103,167,780
CONTINGENCIES AND COMMITMENTS
STOCKHOLDERS' EQUITY    
Common stock, $0.001 par value; 100,000,000 shares authorized, 8,310,198 and 8,310,159 shares issued and outstanding as of September 30, 2016 and December 31, 2015, respectively 8,310 8,310
Additional paid in capital 111,789,166 111,789,166
Statutory reserve 14,210,589 13,823,789
Accumulated other comprehensive income (2,589,793) 3,210,315
Retained earnings 36,130,249 84,661,602
Total Company stockholders' equity 159,548,521 213,493,182
Noncontrolling interest (18,965) 213,611
Total equity 159,529,556 213,706,793
TOTAL LIABILITIES AND EQUITY $ 220,292,653 $ 316,874,573