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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Cash flows from operating activities    
Net cash provided (used) in operating activities $ 10,744,171 $ (68,679,864)
Cash flows from investing activities    
Purchase of real estate and related assets (500,365) (18,540,715)
Deposit for acquisition of noncontrolling interest (775,670) 0
Acquisition of subsidiaries, net of cash acquired 0 (6,932,592)
Change in amount due from third parties (1,318,340) 614,086
Change in amount due from related parties (5,790,113) (56,805)
Net cash used in investing activities (8,384,488) (24,916,026)
Cash flows from financing activities    
Proceeds from capital injection by non-controlling interest 0 743,820
Additional capital contribution 0 3,512,747
Proceeds from short-term loans 69,988,415 69,952,095
Proceeds from notes payable 95,929,800 71,426,553
Proceeds from long-term loans 0 4,203,726
Repayments of short-term loans (78,675,100) (24,633,296)
Repayments of notes payable (70,601,800) 0
Change in amount due to third parties (4,859,810) 7,849,410
Change in amount due to related parties 3,911,716 1,684,728
Change in restricted cash (18,204,500) (41,004,087)
Net cash provided by(used in) financing activities (2,511,279) 93,735,696
Effect of foreign currency fluctuation on cash and cash equivalents (1,375) 11,664
Net changes in cash and cash equivalents (152,971) 151,470
Cash and cash equivalents, beginning of year 308,661 227,664
Cash and cash equivalents, end of period 155,690 379,134
Supplemental cash flow information:    
Interest paid 6,705,547 6,739,562
Income taxes paid $ 3,281 $ 74,488