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OTHER ASSETS
 6 Months Ended
Jun. 30, 2013
Other Assets [Abstract]  
Other Assets Disclosure [Text Block]
5.
OTHER ASSETS
 
Other assets of $143,901 at June 30, 2013 consists of $116,320 net security purchase commitment fee, $24,740 investment in joint venture, and $2,841 refundable deposits. See Note 18. JOINT VENTURE EQUITY EXCHANGE AGREEMENT for further information on investment in joint venture and Note 24. SECURITY PURCHASE AGREEMENT for further information commitment fee.
 
 
 
Other assets of $31,635 at December 31, 2012 consists of $24,740 investment in joint venture, and $6,895 refundable deposits. See Note 18. JOINT VENTURE EQUITY EXCHANGE AGREEMENT for further information on investment in joint venture and Note 24. SECURITY PURCHASE AGREEMENT for further information commitment fee.