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CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY (USD $)
Total
Common Stock
Additional Paid-in Capital
Statutory Reserves
Treasury Stock
Retained Earnings
Accumulated Other Comprehensive Income
Beginning Balance at Dec. 31, 2012 $ 278,932,195 $ 3,008 $ 79,257,921 $ 14,566,846 $ (2,126,597) $ 170,163,120 $ 17,067,897
Beginning Balance (in shares) at Dec. 31, 2012   29,820,836          
Net income 28,986,997 0 0 0 0 28,986,997 0
Foreign currency translation adjustment 5,126,628 0 0 0 0 0 5,126,628
Exercise of warrants (in shares)   10,500          
Exercise of warrants 60,480 1 60,479 0 0 0 0
Share-based payments to employees and directors 155,920 0 155,920 0 0 0 0
Appropriation of statutory reserves 0 0 0 2,117,544 0 (2,117,544) 0
Ending Balance at Jun. 30, 2013 $ 313,262,220 $ 3,009 $ 79,474,320 $ 16,684,390 $ (2,126,597) $ 197,032,573 $ 22,194,525
Ending Balance (in shares) at Jun. 30, 2013   29,831,336