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Long-Term Loans (Tables)
9 Months Ended
Sep. 30, 2012
Convertible Notes Payable and Long Term Loans [Abstract]  
Details of the Company’s long-term borrowings
 
   
September 30,
   
December 31,
 
   
2012
   
2011
 
 
           
Bank loans bearing interest at 5.85% and 7.36% per annum, maturing on January 30, 2013 and June 20, 2014. The loans are uncollateralized other than restricted cash deposited at the bank.
  $ 2,291,944     $ 1,413,821  
                 
Less: Current portion
    (1,343,553 )     (785,456 )
    $ 948,391     $ 628,365  
 
Principle payments
 
   
Year Ended
 
   
December 31,
 
2012
  $ 237,098  
2013
    1,264,521  
2014
    790,325  
    $ 2,291,944