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Commitments and Contingencies (Details Textual) | 12 Months Ended |  |  |  | 12 Months Ended | 1 Months Ended
--- | --- | --- | --- | --- | --- | ---
Dec. 31, 2012 USD ($) | Jun. 30, 2012 USD ($) | Dec. 31, 2011 USD ($) | Dec. 31, 2012 Land use rights [Member] USD ($) | Dec. 31, 2012 Local government, Xushui County [Member] USD ($) acre | Dec. 31, 2012 Local government, Xushui County [Member] CNY | Nov. 30, 2012 Investment Company [Member] USD ($) acre | Nov. 30, 2012 Investment Company [Member] CNY
Commitments and Contingencies (Textual) |  |  |  |  |  |  |  |
Land leased from local government |  |  |  |  | 32.95 | 32.95 | 49.4 | 49.4
Lease expiration period |  |  |  |  | 30 years | 30 years | 15 years | 15 years
Lease expiration date |  |  |  |  | Dec. 31, 2013 | Dec. 31, 2013 |  |
Operating lease annual rental payment |  |  |  |  | $ 19,021 | 120,000 | $ 570,650 | 3,600,000
Operating lease renewable term |  |  |  |  | Operating lease is renewable at the end of the 30-year term. | Operating lease is renewable at the end of the 30-year term. |  |
Land use right pledged for long term loan | 9,316,645 |  | 10,646,244 | 7,419,614 |  |  |  |
Contract cost of new tissue paper production line PM8 | 4,913,927 |  |  |  |  |  |  |
Outstanding commitments for construction of equipment and facilities | 5,243,636 |  |  |  |  |  |  |
Performance holdback on new tissue paper, value | 245,696 |  |  |  |  |  |  |
Performance holdback on new tissue paper, percentage | 5.00% |  |  |  |  |  |  |
Performance holdback on new tissue paper payment, description | Exception of a 5% performance holdback (approximately $245,696) on the new tissue paper, which is payable in 2014, the Company expected to pay off all the balances by the end of year 2013. |  |  |  |  |  |  |
Settlement agreement, consideration |  | 2,000,000 |  |  |  |  |  |
Long term loan of third party | 1,505,881 |  |  |  |  |  |  |
Cross guarantee for long term loan of third party | $ 1,535,138 |  |  |  |  |  |  |
Long term loan of third party expiration date | Feb. 26, 2014 |  |  |  |  |  |  |

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- Details
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- Definition Commitments for purchase or construction of capital assets. + References No definition available. + Details
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