XML 95 R60.htm IDEA: XBRL DOCUMENT v2.4.0.8
Property, Plant and Equipment (Details Textual)
 12 Months Ended 0 Months Ended 12 Months Ended
Dec. 31, 2013
USD ($)
T
Dormitory
Dec. 31, 2012
USD ($)
Dec. 31, 2011
USD ($)
Jun. 16, 2013
Sale-leaseback arrangement [Member]
USD ($)
Jun. 16, 2013
Sale-leaseback arrangement [Member]
CNY
Dec. 31, 2013
Sale-leaseback arrangement [Member]
USD ($)
Dec. 31, 2013
Land use rights [Member]
USD ($)
Dec. 31, 2012
Land use rights [Member]
USD ($)
Land_Use_Right
Dec. 31, 2012
Land use right one [Member]
Dec. 31, 2012
Land use right two [Member]
Property, Plant and Equipment (Textual)                    
Lease term               50 years    
Number of land use rights               2    
Lease expiration year             2061   2053 2061
Property plant and equipment pledged for long term loan $ 21,901,456 $ 9,316,645            $ 7,419,614    
Total financing proceeds       24,000,000 150,000,000          
Proceeds from sale of paper manufacturing equipment to leasing company 24,215,811       24,000,000 150,000,000          
Term of lease       3 years 3 years          
Nominal purchase price       2,400 15,000          
Deferred gain on sale of leased equipment 1,160,271      1,379,282            
Capital lease equipment 25,993,677                  
Depreciation of capital lease equipment           818,796        
Accumulated depreciation of lease asset           829,794        
Gain on sale leaseback realized transaction           228,979        
Amount of interest capitalized 448,950                    
Assets held for sale 4,130,590                  
Number of building sold 3                  
Assets pledged for the guarantee of Orient Paper HB's capital lease 36,134,038                  
Production capacity of manufacturing equipment PM8 (per year) 15,000                  
Amount of Long term loan of third party (paid off on June 3, 2013)   1,505,881                
Value of land use right pledged for sale-leaseback financing 7,502,794                  
Depreciation and amortization 7,794,743 8,382,859 4,424,531              
Addition of machinery and equipment 116,067,537                  
Property plant and equipment loan drawn from banking facility 34,177                  
Unamortized deferred gain           $ 1,160,271