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CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY (USD $)
Total
Common Stock
Additional Paid-in Capital
Treasury Stock
Statutory Reserves
Retained Earnings
Accumulated Other Comprehensive Income
Beginning Balance at Dec. 31, 2010$ 153,157,623$ 2,938$ 71,251,843 $ 7,556,187$ 67,091,089$ 7,255,566
Beginning Balance (in shares) at Dec. 31, 2010 29,385,326     
Net income40,406,145    40,406,145 
Foreign currency translation adjustment7,657,655     7,657,655
Comprehensive income48,063,800      
Exercise of warrants (in shares) 647,124     
Exercise of warrants6,793,983656,793,918    
Repurchase of common stock(2,126,597)  (2,126,597)   
Share-based payments to employees and directors379,278 379,278    
Appropriation of statutory reserves    2,067,602(2,067,602) 
Ending Balance at Sep. 30, 2011$ 206,268,087$ 3,003$ 78,425,039$ (2,126,597)$ 9,623,789$ 105,429,632$ 14,913,221
Ending Balance (in shares) at Sep. 30, 2011 30,032,450