Acquisition (Tables)

9 Months Ended

Sep. 30, 2015

Schedule of Business Acquisitions, by Acquisition [Table Text Block]

The following table summarizes the allocation of consideration and the respective fair values of the assets acquired and liabilities assumed in the Fujian Qiaolong acquisition as of the date of purchase (figures are in thousands of USD):

Total purchase price:
Cash consideration paid to acquire ownership interest	$	3,007

Assets
Cash and cash equivalents	$	31
Current assets, net of cash acquired		8,428
Deferred tax asset		69
Property and equipment		3,694
Intangible assets		864
Goodwill		642
Total assets consolidated into the Company	$	13,728
Liabilities
Current liabilities, excluding current deferred tax liabilities		(7,352)
Deferred tax liabilities		(448)
Other liabilities		(128)
Total liabilities consolidated into the Company		(7,928)
Non-controlling interests at fair value		(2,793)
Total equity consolidated into the Company	$	(3,007)