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Segment Reporting (Tables)

3 Months Ended

Mar. 31, 2017

Segment Reporting [Abstract]

Summarized financial information for reportable segments

		Three Months Ended
		March 31, 2017
		Orient Paper				Orient Paper				Not Attributable				Elimination				Enterprise-wide,
		HB				Shengde				to Segments				of Inter-segment				consolidated
Revenues		$	25,289,659			$	-			$	-			$	-			$	25,289,659
Gross profit			5,653,920				-				-				-				5,653,920
Depreciation and amortization			3,391,288				224,071				-				-				3,615,359
Interest income			(17,709	)			(236	)			-				-				(17,945	)
Interest expense			679,084				-				-				-				679,084
Income tax expense(benefit)			687,570				(144,288	)			-				-				543,282
Net income (loss)			2,022,614				(97,623	)			(217,122	)			-				1,707,869
Total Assets			194,630,398				28,288,619				712				-				222,919,729

		Three Months Ended March 31, 2016
		Orient Paper HB				Orient Paper Shengde				Not Attributable to Segments				Elimination of Inter-segment				Enterprise-wide, consolidated
Revenues		$	27,601,565			$	312,768			$	-			$	-			$	27,914,333
Gross profit (loss)			4,009,947				(244,063	)			-				-				3,765,884
Depreciation and amortization			3,930,916				236,756				-				-				4,167,672
Interest income			30,546				241				-				-				30,787
Interest expense			720,889				-				-				-				720,889
Income tax expense(benefit)			160,974				(57,547	)			-				-				103,427
Net Income (loss)			473,779				(197,821	)			(1,649,854	)			-				(1,373,896	)

		As of December 31, 2016
		Orient Paper HB				Orient Paper Shengde				Not Attributable   to Segments				Elimination of Inter-segment				Enterprise-wide, consolidated
Total assets		$	179,689,131				28,687,027				1,460				-				208,377,618

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- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8906-108599

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8813-108599

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 21
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8721-108599

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=35741047&loc=d3e13816-109267

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8736-108599

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X

- References

No definition available.

+ Details

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