XML 130 R59.htm IDEA: XBRL DOCUMENT v2.4.0.8
Commitments and Contingencies (Details Textual)
0 Months Ended 3 Months Ended 6 Months Ended 12 Months Ended 6 Months Ended 6 Months Ended 0 Months Ended
Jun. 21, 2012
USD ($)
Jun. 30, 2013
USD ($)
Jun. 30, 2012
USD ($)
Jun. 30, 2013
USD ($)
Jun. 30, 2012
USD ($)
Dec. 31, 2012
USD ($)
Jun. 30, 2013
Minimum [Member]
Jun. 30, 2013
Maximum [Member]
Jun. 30, 2013
Land use rights [Member]
USD ($)
Dec. 31, 2012
Land use rights [Member]
USD ($)
Jun. 30, 2013
Local government, Xushui County [Member]
USD ($)
acre
Jun. 30, 2013
Local government, Xushui County [Member]
CNY
Nov. 27, 2012
Investment Company [Member]
USD ($)
acre
Nov. 27, 2012
Investment Company [Member]
CNY
Commitments and Contingencies (Textual)                            
Area of land leased                     32.95 32.95 49.4 49.4
Lease expiration period                     30 years 30 years 15 years 15 years
Lease expiration date                     Dec. 31, 2031 Dec. 31, 2031    
Operating lease annual rental payment                     $ 19,439 120,000 $ 583,166 3,600,000
Operating lease renewable term                     Orient Paper leases 32.95 acres of land from a local government through a real estate lease with a 30-year term Orient Paper leases 32.95 acres of land from a local government through a real estate lease with a 30-year term    
Land use right pledged for long term loan   8,803,929   8,803,929   9,316,645        7,419,614        
Performance holdback on new tissue paper, percentage             5.00% 10.00%            
Rental expenses   149,939 4,748 298,101 9,503                  
Contract cost of new tissue paper production line PM8   5,021,707   5,021,707                    
Outstanding commitments for construction of equipment and facilities   11,511,210   11,511,210   5,243,636                
Performance holdback on new tissue paper, value       3,123,664                    
Performance holdback on new tissue paper payment, description       Exception of a 5%-10% performance holdback (approximately $3,123,664) on the construction of equipment and facilities is payable in 2014 and 2015, the Company expected to pay off all the balances by the end of year 2013.                    
Settlement agreement, consideration 2,000,000                          
Amount of Long term loan of third party (paid off on June 3, 2013)           1,505,881                
Cross guarantee for long term loan of third party           $ 1,535,138                
Long term loan of third party expiration date           Jun. 03, 2013