17. COMMITMENT AND CONTINGENCIES

12 Months Ended

Dec. 31, 2013

Commitments and Contingencies Disclosure [Abstract]

17. COMMITMENT AND CONTINGENCIES

17. COMMITMENT AND CONTINGENCIES

 The Company rented plant, office, and retailing spaces under a non-cancelable operating lease agreement. On March 3, 2012, the Company entered into a five-year lease agreement for an additional warehouse and logistic space to store, pack and deliver fresh fruits. The lease term is from March 10, 2012 through March 9, 2017, and the total rental payment is approximately $726,920. Accordingly, the remaining three years minimum rental payments for that warehouse required as of January 1, 2014 are as follows: 

Year ended December 31	Lease payment
2014	$                   145,384
2015	$                   161,538
2016	$                   177,692
Total	$                   484,614

For year ended December 31, 2013, total rental expense for China Fruits Corporation was $340,979.