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Loans Payable (Tables)

9 Months Ended

Sep. 30, 2013

Loans Payable [Abstract]

Schedule of short-term bank loans

				September 30, 2013				December 31, 2012
Industrial & Commercial Bank of China		(a)		$	-			$	792,568
Industrial & Commercial Bank of China		(b)			1,628,824				1,585,138
Bank of Hebei		(c)			-				1,585,138
Industrial & Commercial Bank of China		(d)			814,412				-
Industrial & Commercial Bank of China		(e)			4,072,059				-
Total short-term bank loans				$	6,515,295			$	3,962,844

Schedule of future minimum lease payments of capital lease

Year Ending September 30,		Amount
2014		$	9,412,972
2015			8,905,152
2016			8,398,028
		$	26,716,152

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- Definition

Future minimum lease payments of capital lease.

+ References

No definition available.

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- Definition

Tabular disclosure of short-term debt arrangements (having initial terms of repayment within one year or the normal operating cycle, if longer) including: (1) description of the short-term debt arrangement; (2) identification of the lender or type of lender; (3) repayment terms; (4) weighted average interest rate; (5) carrying amount of funds borrowed under the specified short-term debt arrangement as of the balance sheet date; (6) description of the refinancing of a short-term obligation when that obligation is excluded from current liabilities in the balance sheet; and (7) amount of a short-term obligation that has been excluded from current liabilities in the balance sheet because of a refinancing of the obligation.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02

-Paragraph 19

-Article 5



Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.19)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

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