XML 73 R53.htm IDEA: XBRL DOCUMENT v2.4.0.6
Acquisitions of Subsidiaries (Details 2) (Firmway, USD $)
1 Months Ended
Mar. 31, 2011
Purchase price was allocated as follows:  
Term of lease 20 years
Allocated Value  
Cash $ 1,731,778
Amount due from related parties 1,189,679
Prepaid rent 3,815,608
Liabilities assumed (1,927)
Goodwill 1,316,215
Deferred tax liabilities (1,316,215)
Total consideration 12,000,000
Amortization Period of prepaid rent 20 years
Favorable lease term
 
Allocated Value  
Intangible assets acquired: $ 5,264,862
Amortization Period 20 years