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Segment Reporting (Tables)
9 Months Ended
Sep. 30, 2017
Segment Reporting [Abstract]  
Summarized financial information for reportable segments
    Three Months Ended  
    September 30, 2017  
    Orient Paper     Orient Paper     Not Attributable     Elimination
of
    Enterprise-wide,  
    HB     Shengde     to Segments     Inter-segment     consolidated  
                               
Revenues   $ 33,507,053     $ -     $ -     $ -     $ 33,507,053  
Gross profit     7,221,288       -       -       -       7,221,288  
Depreciation and amortization     3,497,635       231,367       -       -       3,729,002  
Loss from disposal of property, plant and equipment     (1,653,039 )     -       -       -       (1,653,039 )
Interest income     3,548       1,955       -       -       5,503  
Interest expense     604,351       43,612       -       -       647,963  
Income tax expense(benefit)     579,232       (74,067 )     -       -       505,165  
Net income (loss)     1,916,821       (225,778 )     (118,708 )     -       1,572,335  

    Three Months Ended  
    September 30, 2016  
    Orient Paper     Orient Paper     Not Attributable     Elimination 
of
    Enterprise-wide,  
    HB     Shengde     to Segments     Inter-segment     consolidated  
                               
Revenues   $ 37,397,395     $ 64,671     $ -     $ -     $ 37,462,066  
Gross profit (loss)     7,347,908       (17,065 )     -       -       7,330,843  
Depreciation and amortization     3,485,154       230,868       -       -       3,716,022  
Loss from disposal of property, plant and equipment     -       -       -       -       -  
Interest income     14,568       264       -       -       14,832  
Interest expense     677,576       -       -       -       677,576  
Income tax expense(benefit)     1,098,270       (64,411 )     -       -       1,033,859  
Net income (loss)     3,313,671       (196,558 )     (82,571 )     -       3,034,542  

 

    Nine Months Ended  
    September 30, 2017  
    Orient Paper     Orient Paper     Not Attributable     Elimination
of
    Enterprise-wide,  
    HB     Shengde     to Segments     Inter-segment     consolidated  
                               
Revenues   $ 81,584,395     $ -     $ -     $ -     $ 81,584,395  
Gross profit     16,339,874       -       -       -       16,339,874  
Depreciation and amortization     10,247,936       680,566       -       -       10,928,502  
Loss from disposal of property, plant and equipment     (1,665,140 )     -       -       -       (1,665,140 )
Interest income     25,767       3,492       -       -       29,259  
Interest expense     1,953,379       70,198       -       -       2,023,577  
Income tax expense(benefit)     1,402,558       (296,630 )     -       -       1,105,928  
Net income (loss)     4,350,831       (516,705 )     (538,005 )     -       3,296,121  

 

    As of September 30, 2017  
    Orient     Orient     Not     Elimination     Enterprise-  
    Paper     Paper     Attributable     of     wide,  
    HB     Shengde     to Segments     Inter-segment     consolidated  
                                         
Total assets   $ 191,096,727     $ 30,480,117     $ 276     $ -     $ 221,577,120  

 

    Nine Months Ended  
    September 30, 2016  
    Orient Paper     Orient Paper     Not Attributable     Elimination
of
    Enterprise-wide,  
    HB     Shengde     to Segments     Inter-segment     consolidated  
                               
Revenues   $ 102,703,977     $ 664,314     $ -     $ -     $ 103,368,291  
Gross profit (loss)     18,376,724       (390,243 )     -       -       17,986,481  
Depreciation and amortization     10,966,088       702,888       -       -       11,668,976  
Loss from disposal of property, plant and equipment     (25,774 )     -       -               (25,774 )
Interest income     94,430       796       -       -       95,226  
Interest expense     2,094,448       -       -       -       2,094,448  
Income tax expense(benefit)     2,248,946       (171,120 )     -       -       2,077,826  
Net income (loss)     6,747,378       (559,747 )     (1,945,380 )     -       4,242,251  

 


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