Land Use Rights, net

3 Months Ended

Mar. 31, 2013

Intangible Assets, Net (Excluding Goodwill) [Abstract]

Land Use Rights, net

8. Land Use Rights, net

The components of the Company’s land use rights are as follows:

	Estimated
	Remaining		March 31,
	Life		2013
Land use rights		46.6 years	$	2,502,813
Less accumulated amortization				(153,365	)
Total land use rights, net			$	2,349,448

The Company purchased an additional land use right of $89,809 during the three months ended March 31, 2013. Amortization expense related to land use rights was $11,721 and $11,794 for the three months ended March 31, 2013 and 2012, respectively. The difference between the amortization expense and accumulated amortization is due to exchange rate differences.

Amortization of land use rights attributable to future periods is as follows:

Period ending March 31:
2014	$	46,963
2015		46,963
2016		46,963
2017		46,963
2018		46,963
Thereafter		2,114,633
	$	2,349,448