XML 24 R48.htm IDEA: XBRL DOCUMENT v3.3.0.814
Property, Plant and Equipment (Details Textual)
 3 Months Ended 9 Months Ended 12 Months Ended
Jun. 16, 2013
USD ($)
Jun. 16, 2013
CNY (¥)
Sep. 30, 2015
USD ($)
Sep. 30, 2014
USD ($)
Sep. 30, 2015
USD ($)
T
Sep. 30, 2014
USD ($)
Dec. 31, 2014
USD ($)
Jul. 01, 2015
USD ($)
Jun. 16, 2013
CNY (¥)
Property, Plant and Equipment (Textual)                  
Deferred gain on sale of leased equipment     $ 334,451   $ 334,451   $ 695,389    
Production capacity of manufacturing equipment PM8 (per year) | T         15,000        
Amount of interest capitalized     19,294,000 $ 207,830 $ 116,494 $ 717,058      
Assets pledged for the guarantee of Orient Paper HB's capital lease     30,012,436   30,012,436   33,287,324    
Value of land use right pledged for sale-leaseback financing     6,947,979   6,947,979   7,339,399    
Depreciation and amortization     4,969,341 2,010,130 10,061,558 5,877,824      
Property plant and equipment pledged for long term loan     13,896,033   13,896,033   19,300,765    
Property plant and equipment loan drawn from banking facility     30,163   30,163   29,995    
Sale-leaseback arrangement [Member]                  
Property, Plant and Equipment (Textual)                  
Total financing proceeds $ 24,000,000 ¥ 150,000,000              
Proceeds from sale of paper manufacturing equipment to leasing company $ 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 $ 1,379,282                
Depreciation of capital lease equipment     432,304 825,620 1,259,837 1,237,181      
Accumulated depreciation of lease asset     3,616,303   3,616,303   2,486,615    
Gain on sale leaseback realized transaction     $ 112,708 $ 115,094 344,130 $ 345,981      
Future minimum lease payment               $ 1,617,574  
Unamortized deferred gain         $ 334,451   $ 695,389    
Land use rights [Member]                  
Property, Plant and Equipment (Textual)                  
Lease expiration year         2061        
Term of lease         50 years