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Consolidated Statements of Operations and Comprehensive Loss - USD ($)
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Revenue    
Contingent rental income $ 697,028 $ 4,888,016
Interest income on sales-type leases 170,403 3,312,465
Total operating income 867,431 8,200,481
Operating expenses    
Bad debts 5,386,003 32,210,656
Impairment loss on fixed assets and construction in progress 876,660 28,429,789
Loss on disposal of systems 1,242,694
General and administrative 2,469,162 5,548,475
Total operating expenses 9,974,519 66,188,920
Loss from operations (9,107,088) (57,988,439)
Non-operating income (expenses)    
Loss on long-term notes redemption (173,886)
Interest income 159,183 153,532
Interest expense (2,101,440) (8,738,148)
Interest expense - inducement on note conversion (893,958)  
Other income (expenses), net 319,625 (42)
Total non-operating expenses, net (2,690,476) (8,584,658)
Loss before income tax (11,797,564) (66,573,097)
Income tax (benefit) expense (3,024,807) 2,627,458
Loss before noncontrolling interest (8,772,757) (69,200,555)
Less: loss attributable to noncontrolling interest (3,203,657)
Net loss attributable to China Recycling Energy Corporation (8,772,757) (65,996,898)
Other comprehensive items    
Foreign currency translation loss attributable to China Recycling Energy Corporation (1,511,684) (5,481,483)
Foreign currency translation gain attributable to noncontrolling interest 137,670
Comprehensive loss attributable to China Recycling Energy Corporation (10,284,441) (71,478,381)
Comprehensive loss attributable to noncontrolling interest $ (3,065,987)
Basic weighted average shares outstanding 1,564,940 865,827
Diluted weighted average shares outstanding 1,564,940 865,827
Basic loss per share $ (5.61) $ (76.22)
Diluted loss per share $ (5.61) $ (76.22)