XML 54 R38.htm IDEA: XBRL DOCUMENT
v3.24.1.u1

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Additional Information (Details) |  |  | 9 Months Ended | 12 Months Ended |  |  |  |
--- | --- | --- | --- | --- | --- | --- | --- | ---
Apr. 01, 2023 | Mar. 31, 2023 | Dec. 31, 2023 USD ($) $ / shares | Dec. 31, 2023 USD ($) segment $ / shares | Dec. 31, 2023 GBP (£) segment | Dec. 31, 2023 CNY (¥) segment | Dec. 31, 2022 USD ($) shares | Dec. 31, 2021 USD ($) shares | May 31, 2022 | May 20, 2022 | Dec. 31, 2020 | Dec. 31, 2019
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES |  |  |  |  |  |  |  |  |  |  |  |
Restricted cash |  |  | $ 65 | $ 65 |  |  | $ 74,320 |  |  |  |  |
Number of operating segment | segment |  |  |  | 1 | 1 | 1 |  |  |  |  |  |
Standard VAT (as percent) |  |  |  | 20.00% | 20.00% | 20.00% |  |  |  |  |  |
Rate of corporation tax |  |  | 19.00% | 19.00% |  |  |  |  |  |  |  |
Maximum amount of profits for small profits rate of corporation tax | £ |  |  |  |  | £ 50,000 |  |  |  |  |  |  |
Statutory income tax rate | 25.00% | 19.00% | 25.00% |  |  |  |  |  |  |  |  |
Small profits rate of corporation tax |  |  | 19.00% | 19.00% | 19.00% | 19.00% |  |  |  |  |  |
Interest and penalties |  |  |  | $ 0 |  |  | $ 0 | $ 0 |  |  |  |
Underwriter's warrants outstanding | shares |  |  |  |  |  |  | 126,082 | 126,082 |  |  |  |
Underwriter's warrants exercisable price | $ / shares |  |  | $ 6.25 | $ 6.25 |  |  |  |  |  |  |  |
Share price | $ / shares |  |  | $ 1.51 | $ 1.51 |  |  |  |  |  |  |  |
Foreign currency transaction gain (loss) |  |  |  | $ 18,762 |  |  | $ 43,548 | $ (14,402) |  |  |  |
Maximum insured bank deposit |  |  |  | 70,424 |  | ¥ 500,000 |  |  |  |  |  |
Total unprotected cash in bank |  |  |  | 0 |  |  | 5,225 |  |  |  |  |
Financial services compensation scheme | £ |  |  |  |  | £ 85,000 |  |  |  |  |  |  |
Accrued interest and penalties |  |  | $ 0 | $ 0 |  |  | $ 0 | $ 0 |  |  |  |
PRC |  |  |  |  |  |  |  |  |  |  |  |
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES |  |  |  |  |  |  |  |  |  |  |  |
Statutory income tax rate |  |  |  | 25.00% | 25.00% | 25.00% | 25.00% | 25.00% |  |  |  |
United Kingdom |  |  |  |  |  |  |  |  |  |  |  |
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES |  |  |  |  |  |  |  |  |  |  |  |
Total unprotected cash in bank |  |  |  | $ 367,949 |  |  | $ 1,135,013 |  |  |  |  |
Financial services compensation scheme |  |  |  | $ 108,322 |  |  |  |  |  |  |  |
China |  |  |  |  |  |  |  |  |  |  |  |
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES |  |  |  |  |  |  |  |  |  |  |  |
Uniform tax rate |  |  |  | 25.00% | 25.00% | 25.00% |  |  |  |  |  |
China | PRC |  |  |  |  |  |  |  |  |  |  |  |
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES |  |  |  |  |  |  |  |  |  |  |  |
Uniform tax rate |  |  |  | 25.00% | 25.00% | 25.00% |  |  |  |  |  |
Rate of corporation tax |  |  |  |  |  |  |  | 19.00% |  |  |  |
UK [Member] |  |  |  |  |  |  |  |  |  |  |  |
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES |  |  |  |  |  |  |  |  |  |  |  |
Maximum amount of profits for small profits rate of corporation tax | £ |  |  |  |  | £ 50,000 |  |  |  |  |  |  |
Xishe Xianglin (Tianjin) Business Operation & Management Co., Ltd. |  |  |  |  |  |  |  |  |  |  |  |
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES |  |  |  |  |  |  |  |  |  |  |  |
Noncontrolling interest, ownership percentage by noncontrolling owners |  |  |  |  |  |  | 49.00% | 49.00% | 49.00% | 49.00% | 49.00% | 49.00%
Geographic Concentration Risk | Revenue | PRC [Member] |  |  |  |  |  |  |  |  |  |  |  |
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES |  |  |  |  |  |  |  |  |  |  |  |
Percentage of total revenue |  |  |  | 29.00% | 29.00% | 29.00% | 96.00% | 100.00% |  |  |  |
Geographic Concentration Risk | Revenue | UK [Member] |  |  |  |  |  |  |  |  |  |  |  |
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES |  |  |  |  |  |  |  |  |  |  |  |
Percentage of total revenue |  |  |  | 71.00% | 71.00% | 71.00% | 4.00% | 0.00% |  |  |  |
Consulting Services | Major Customers | Revenue |  |  |  |  |  |  |  |  |  |  |  |
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES |  |  |  |  |  |  |  |  |  |  |  |
Percentage of total revenue |  |  |  | 0.00% | 0.00% | 0.00% | 0.00% | 1.00% |  |  |  |
Real estate agent income | Major Customers | Revenue |  |  |  |  |  |  |  |  |  |  |  |
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES |  |  |  |  |  |  |  |  |  |  |  |
Percentage of total revenue |  |  |  | 29.00% | 29.00% | 29.00% | 96.00% | 99.00% |  |  |  |
Rental management income | Major Customers | Revenue |  |  |  |  |  |  |  |  |  |  |  |
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES |  |  |  |  |  |  |  |  |  |  |  |
Percentage of total revenue |  |  |  | 47.00% | 47.00% | 47.00% | 4.00% | 0.00% |  |  |  |
Hotel income | Major Customers | Revenue |  |  |  |  |  |  |  |  |  |  |  |
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES |  |  |  |  |  |  |  |  |  |  |  |
Percentage of total revenue |  |  |  | 24.00% | 24.00% | 24.00% | 0.00% | 0.00% |  |  |  |
Subsidiaries and Consolidated Variable Interest Entities |  |  |  |  |  |  |  |  |  |  |  |
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES |  |  |  |  |  |  |  |  |  |  |  |
Applicable value added tax rates |  |  |  | 6.00% | 6.00% | 6.00% |  |  |  |  |  |

X
- Definition Applicable value added tax rates. + References No definition available. + Details
Name: | mdjh_ApplicableValueAddedTaxRates
Namespace Prefix: | mdjh_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Percent of corporation tax rate for all the companies. + References No definition available. + Details
Name: | mdjh_CorporationTaxRate
Namespace Prefix: | mdjh_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition The amount represents the Financial Services Compensation Cost on translation exchange rate. + References No definition available. + Details
Name: | mdjh_FinancialServicesCompensationCost
Namespace Prefix: | mdjh_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition The maximum amount of profits for small profits rate of corporation tax. + References No definition available. + Details
Name: | mdjh_MaximumAmountOfProfitsForSmallProfitsRateOfCorporationTax
Namespace Prefix: | mdjh_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Description of maximum insured bank deposit. + References No definition available. + Details
Name: | mdjh_MaximumInsuredBankDeposit
Namespace Prefix: | mdjh_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition The percentage of small profits rate of corporation tax. + References No definition available. + Details
Name: | mdjh_SmallProfitsRateOfCorporationTax
Namespace Prefix: | mdjh_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Description of total unprotected cash in bank. + References No definition available. + Details
Name: | mdjh_TotalUnprotectedCashInBank
Namespace Prefix: | mdjh_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Represents the percent of VAT. + References No definition available. + Details
Name: | mdjh_ValueAddedTaxStandardRatePercent
Namespace Prefix: | mdjh_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Exercise price per share or per unit of warrants or rights outstanding. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481112/505-10-50-3 + Details
Name: | us-gaap_ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:perShareItemType
Balance Type: | na
Period Type: | instant

X
- Definition Number of warrants or rights outstanding. + References No definition available. + Details
Name: | us-gaap_ClassOfWarrantOrRightOutstanding
Namespace Prefix: | us-gaap_
Data Type: | xbrli:sharesItemType
Balance Type: | na
Period Type: | instant

X
- Definition For an entity that discloses a concentration risk in relation to quantitative amount, which serves as the "benchmark" (or denominator) in the equation, this concept represents the concentration percentage derived from the division. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 42 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-42 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482907/825-10-50-21 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 20 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482907/825-10-50-20 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 275 -SubTopic 10 -Section 50 -Paragraph 18 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482861/275-10-50-18 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 275 -SubTopic 10 -Section 50 -Paragraph 20 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482861/275-10-50-20 + Details
Name: | us-gaap_ConcentrationRiskPercentage1
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Percentage of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482685/740-10-50-12 + Details
Name: | us-gaap_EffectiveIncomeTaxRateContinuingOperations
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Percentage of domestic federal statutory tax rate applicable to pretax income (loss). + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 235 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08(h)(2)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480678/235-10-S99-1 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482685/740-10-50-12 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SAB Topic 6.I.Fact.4) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479360/740-10-S99-1 + Details
Name: | us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Amount, before tax, of realized and unrealized gain (loss) from foreign currency transaction. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 946 -SubTopic 220 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.6-07(7)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483575/946-220-S99-1 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 830 -SubTopic 20 -Name Accounting Standards Codification -Section 35 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482014/830-20-35-1 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 830 -SubTopic 20 -Name Accounting Standards Codification -Section 45 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481956/830-20-45-1 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 830 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481926/830-20-50-1 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 830 -SubTopic 10 -Name Accounting Standards Codification -Section 45 -Paragraph 17 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481839/830-10-45-17 + Details
Name: | us-gaap_ForeignCurrencyTransactionGainLossBeforeTax
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition The amount of estimated penalties and interest accrued as of the balance sheet date arising from income tax examinations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 15 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482685/740-10-50-15 + Details
Name: | us-gaap_IncomeTaxExaminationPenaltiesAndInterestAccrued
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition The sum of the amounts of estimated penalties and interest recognized in the period arising from income tax examinations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 15 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482685/740-10-50-15 + Details
Name: | us-gaap_IncomeTaxExaminationPenaltiesAndInterestExpense
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition The equity interest of noncontrolling shareholders, partners or other equity holders in consolidated entity. + References No definition available. + Details
Name: | us-gaap_MinorityInterestOwnershipPercentageByNoncontrollingOwners
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Number of operating segments. An operating segment is a component of an enterprise: (a) that engages in business activities from which it may earn revenues and incur expenses (including revenues and expenses relating to transactions with other components of the same enterprise), (b) whose operating results are regularly reviewed by the enterprise's chief operating decision maker to make decisions about resources to be allocated to the segment and assess its performance, and (c) for which discrete financial information is available. An operating segment may engage in business activities for which it has yet to earn revenues, for example, start-up operations may be operating segments before earning revenues. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 18 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-18 + Details
Name: | us-gaap_NumberOfOperatingSegments
Namespace Prefix: | us-gaap_
Data Type: | xbrli:integerItemType
Balance Type: | na
Period Type: | duration

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details
Name: | us-gaap_ProductInformationLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Amount of cash equivalents restricted as to withdrawal or usage. Cash equivalents include, but are not limited to, short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 944 -SubTopic 210 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03(a)(2)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479440/944-210-S99-1 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 954 -SubTopic 210 -Name Accounting Standards Codification -Section 45 -Paragraph 4 -Publisher FASB -URI https://asc.fasb.org//1943274/2147480632/954-210-45-4 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 954 -SubTopic 210 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org//1943274/2147480602/954-210-50-2 Reference 4: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 230 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 8 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482913/230-10-50-8 Reference 5: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 942 -SubTopic 210 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03(1)(a)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479853/942-210-S99-1 + Details
Name: | us-gaap_RestrictedCashEquivalents
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Per share amount received by subsidiary or equity investee for each share of common stock issued or sold in the stock transaction. + References No definition available. + Details
Name: | us-gaap_SaleOfStockPricePerShare
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:perShareItemType
Balance Type: | na
Period Type: | instant

X
- Details
Name: | us-gaap_IncomeTaxAuthorityNameAxis=us-gaap_StateAdministrationOfTaxationChinaMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_IncomeTaxAuthorityNameAxis=us-gaap_HerMajestysRevenueAndCustomsHMRCMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_StatementGeographicalAxis=us-gaap_DomesticCountryMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_StatementGeographicalAxis=country_GB
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_OwnershipAxis=mdjh_XisheXianglinTianjinBusinessOperationsManagementCoLtdMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_ConcentrationRiskByTypeAxis=us-gaap_GeographicConcentrationRiskMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_ConcentrationRiskByBenchmarkAxis=us-gaap_RevenueFromContractWithCustomerMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_StatementGeographicalAxis=mdjh_PrcMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_ProductOrServiceAxis=mdjh_ConsultingServicesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_ConcentrationRiskByTypeAxis=us-gaap_CustomerConcentrationRiskMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_ProductOrServiceAxis=mdjh_RevenueFromRealEstateAgentIncomeMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_ProductOrServiceAxis=mdjh_RentalManagementIncomeMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_ProductOrServiceAxis=mdjh_HotelIncomeMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_ConsolidatedEntitiesAxis=mdjh_SubsidiariesAndConsolidatedVariableInterestEntitiesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |