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CONSOLIDATED STATEMENTS OF OPERATION AND COMPREHENSIVE INCOME (LOSS) (USD $)
3 Months Ended9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Sep. 30, 2011
Sep. 30, 2010
Sales$ 35,711,021$ 14,396,983$ 133,634,400$ 27,660,661
Straight-line rental income1,029,362387,4972,744,301927,530
Contingent rental income and others31,519117,334155,235409,091
Total revenue36,771,90214,901,814136,533,93628,997,282
Cost of goods sold35,121,23514,267,355131,820,08527,121,910
Expenses applicable to straight-line rental income818,642184,6902,108,989589,676
Expenses applicable to contingent rental and others69,61457,121221,989308,750
Total cost36,009,49114,509,166134,151,06328,020,336
Gross profit762,411392,6482,382,873976,946
Operating expenses    
Selling expenses473,299220,8981,140,785655,990
General and administrative expenses1,672,053513,1034,161,9031,578,925
Total operating expenses2,145,352734,0015,302,6882,234,915
Loss from operations(1,382,941)(341,353)(2,919,815)(1,257,969)
Other income (expenses)    
Interest income3,096,1721893,099,4912,175
Interest expense(2,691,836)(15,693)(6,966,754)(189,226)
Net non-operating (expense)/income(135,200)(57,202)3,899(38,165)
Gain on business combination007,116,4990
Other income (expenses), net269,136(72,706)3,253,135(225,216)
Income (loss) before income tax(1,113,805)(414,059)333,320(1,483,185)
Income tax benefit179,820104,5781,347,124370,796
Net income (loss) from continuing operations(933,985)(309,481)1,680,444(1,112,389)
Discontinued operations    
Loss from operations of the discontinued component, including gain/loss on the disposal of Nil(406,929)(123,943)(499,021)(371,059)
Income tax(130,533)29,923(106,510)92,765
Net loss on discontinued operation(537,462)(94,020)(605,531)(278,294)
Income/(loss) before extraordinary items(1,471,447)(403,501)1,074,913(1,390,683)
Less: net loss attributable to the non-controlling interest(3,855)0(41,857)0
Net income (loss) attributable to the Fifth Season's common stockholders(1,467,592)(403,501)1,116,770(1,390,683)
Comprehensive income (loss):    
Net income (loss)(1,471,447)(403,501)1,074,913(1,390,683)
Foreign currency translation adjustment921,6421,057,6931,699,4411,274,964
Comprehensive income (loss)(549,805)654,1922,774,354(115,719)
Less: comprehensive loss attributable to the non- controlling interests(3,855)0(41,857)0
Comprehensive income (loss) attributable to the Fifth Season's common stockholders$ (545,950)$ 654,192$ 2,816,211$ (115,719)
Basic and diluted weighted average shares outstanding399,999,847391,543,500397,243,016391,543,500
Basic and diluted earnings (loss) per share$ 0.00$ 0.00$ 0.00$ 0.00