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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Cash flows from operating activities    
Net cash provided (used) in operating activities $ 25,996,718 $ (50,963,678)
Cash flows from investing activities    
Purchase of real estate and related assets (128,507) (17,103,832)
Acquisition of subsidiaries, net of cash acquired 0 (5,739,598)
Change in amount due from third parties (2,002,061) 609,976
Change in amount due from related parties (11,994,438) 1,900,407
Net cash used in investing activities (14,125,006) (20,333,047)
Cash flows from financing activities    
Proceeds from capital injection by non-controlling interest 0 756,740
Additional capital contribution 0 931,825
Proceeds from short-term loans 30,598,220 63,827,400
Proceeds from notes payable 59,611,040 44,640,960
Proceeds from long-term loans 0 4,205,690
Repayments of short-term loans (27,617,668) (18,200,364)
Repayments of notes payable (46,927,840) 0
Change in amount due to third parties (6,420,870) 9,284,605
Change in amount due to related parties (5,020,191) 2,800,008
Change in restricted cash (13,475,900) (36,449,038)
Net cash provided by(used in) financing activities (9,253,209) 71,797,826
Effect of foreign currency fluctuation on cash and cash equivalents (8,263) 1,143
Net changes in cash and cash equivalents 2,610,240 502,244
Cash and cash equivalents, beginning of year 308,661 228,763
Cash and cash equivalents, end of period 2,918,901 731,007
Supplemental cash flow information:    
Interest paid 5,914,682 4,048,962
Income taxes paid $ 3,281 $ 47,557