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Condensed Consolidated Balance Sheets (Unaudited) (USD $)
Sep. 30, 2014
Dec. 31, 2013
Current Assets    
Cash and cash equivalents $ 6,930,444 $ 3,131,163
Restricted cash 11,377,489 2,454,108
Accounts receivable (net of allowance for doubtful accounts of $51,304 and $67,592 as of September 30, 2014 and December 31, 2013, respectively) 4,162,160 3,327,494
Inventories 6,980,107 11,428,405
Prepayments and other current assets 831,504 1,068,031
Assets held for sale    4,130,590
Deferred tax asset - current    413,537
Total current assets 30,281,704 25,953,328
Prepayment on property, plant and equipment 1,482,324 1,492,098
Property, plant, and equipment, net 196,090,574 178,535,259
Recoverable VAT 3,473,601 3,277,188
Deferred tax asset - non-current 221,319 268,329
Total Assets 231,549,522 209,526,202
Current Liabilities    
Short-term bank loans 8,126,778 6,544,288
Current portion of long-term loans from credit union 113,775 1,660,613
Current obligations under capital lease 8,186,242 8,264,795
Accounts payable 612,995 926,571
Notes payable 21,129,622 4,908,216
Security deposit from a related party    1,636,072
Due to a related party 186,025 64,546
Accrued payroll and employee benefits 333,545 498,010
Other payables and accrued liabilities 3,262,017 2,651,472
Income taxes payable 730,411 1,218,140
Deferred tax liabilities 24,808   
Total current liabilities 42,706,218 28,372,723
Loans from credit union 5,761,885 4,253,788
Loan from a related party 2,373,981 2,389,633
Deferred gain on sale-leaseback 806,870 1,160,271
Long-term obligations under capital lease 8,135,569 12,296,639
Total liabilities 59,784,523 48,473,054
Commitments and Contingencies      
Stockholders' Equity    
Common stock, 500,000,000 shares authorized, $0.001 par value per share, 20,316,400 and 18,753,900 shares issued and outstanding as of September 30, 2014 and December 31, 2013, respectively 20,316 18,754
Additional paid-in capital 49,218,982 46,909,543
Statutory earnings reserve 6,038,406 6,038,406
Accumulated other comprehensive income 16,068,812 17,146,308
Retained earnings 100,418,483 90,940,137
Total stockholders' equity 171,764,999 161,053,148
Total Liabilities and Stockholders' Equity $ 231,549,522 $ 209,526,202