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v2.4.0.8

Notes Payable (Details) (USD $) | 9 Months Ended | 12 Months Ended
--- | --- | ---
Sep. 30, 2014 | Dec. 31, 2013
Notes payable (Textual) |  |
Notes payable | $ 21,129,622 | $ 4,908,216
Restricted cash | 11,377,489 | 2,454,108
Description of maturity of loans payable | They will become due and payable on various dates starting from May 15 through June 19 during the year of 2014. | They will become due and payable on various dates starting from May 15 through June 19 during the year of 2014.
Property plant and equipment loan drawn from banking facility | 32,767 | 34,177
Bank acceptance notes [Member] |  |
Notes payable (Textual) |  |
Notes payable | 8,126,778 |
Bank of Hebei (c) [Member] |  |
Notes payable (Textual) |  |
Number of bank acceptance notes | 14 | 3
Number of commercial acceptance notes | 1 |
Notes payable | 6,501,422 | 4,908,216
Restricted cash |  | 2,454,108
Handling charges of bank acceptance notes percentage |  |
Property plant and equipment loan drawn from banking facility | 32,767 | 34,177
Bank of Hebei (c) [Member] | Bank acceptance notes [Member] |  |
Notes payable (Textual) |  |
Notes payable | $ 6,501,422 |
SPD Bank [Member] |  |
Notes payable (Textual) |  |
Handling charges of bank acceptance notes percentage | 0.05% | 0.05%

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- Details
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- Definition Description of the maturity date of the debt instrument including whether the debt matures serially and, if so, a brief description of the serial maturities. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 22 -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 210.5-02.22(a)(2)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
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- Definition Sum of the carrying values as of the balance sheet date of the portions of long-term notes payable due within one year or the operating cycle if longer. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.19,20) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 19, 20 -Article 5 + Details
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- Definition The carrying amounts of cash and cash equivalent items which are restricted as to withdrawal or usage. Restrictions may include legally restricted deposits held as compensating balances against short-term borrowing arrangements, contracts entered into with others, or entity statements of intention with regard to particular deposits; however, time deposits and short-term certificates of deposit are not generally included in legally restricted deposits. Excludes compensating balance arrangements that are not agreements which legally restrict the use of cash amounts shown on the balance sheet. For a classified balance sheet represents the current portion only (the noncurrent portion has a separate concept); there is a separate and distinct element for unclassified presentations. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 1 -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 210.5-02.1) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
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