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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
CASH FLOWS FROM OPERATING ACTIVITIES:    
Income including noncontrolling interest $ 3,222,504 $ 22,398,040
Adjustments to reconcile income including noncontrolling interest to net cash provided by (used in) operating activities:    
Changes in sales type leases receivables 0 (30,106,354)
Loss on project termination (2,968,964) 0
Depreciation and amortization 50,339 57,767
Amortization of prepaid loan fees 80,792 39,481
Gain on settlement of debt 0 (8,251,090)
Amortization of discount related to beneficial conversion feature of convertible note 2,140,050 12,116,481
Interest expense from changes in fair value of conversion feature liability (1,127,400) (11,772,065)
Stock options and warrants expenses 89,252 1,455,113
Changes in deferred tax 1,000,411 6,352
(Increase) decrease in assets and liabilities:    
Interest receivable on sales type lease 1,510,166 (1,794,931)
Collection of principal on sales type leases 8,190,346 7,457,187
Prepaid expenses 95,979 (107,937)
Accounts receivable 18,997,219 (579,047)
Other receivables 412,918 (114,331)
Construction in progress 6,542,060 (5,650,550)
Deposit 0 (378,084)
Accounts payable (652,075) (1,327,523)
Taxes payable (1,570,961) 1,197,773
Interest payable (28,075) (53,311)
Refundable deposit from customers 0 572,862
Accrued liabilities and other payables 252,987 (1,967,836)
Accrued interest on convertible notes 215,929 (431,829)
Net cash provided by (used in) operating activities 42,391,405 (17,233,832)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Changes of restricted cash (2,396,515) 1,896,637
Acquisition of property & equipment (1,750) (7,699)
Net cash provided by (used in) investing activities (2,398,265) 1,888,938
CASH FLOWS FROM FINANCING ACTIVITIES:    
Issuance of convertible notes 0 7,583,801
Repayment of convertible note 0 (11,551,457)
Notes receivable - bank acceptances 82,376 (80,510)
Notes payable - bank acceptances 0 (2,322,413)
Proceeds from loans 4,752,475 24,772,404
Repayment of loans (10,297,030) (7,067,876)
Long term payable (1,189,431) 6,032,071
Prepaid loan fees 0 (394,810)
Advance to related parties (479,686) 0
Advance from related parties (2,935,805) 1,510,633
Net cash provided by (used in) financing activities (10,067,101) 18,481,843
EFFECT OF EXCHANGE RATE CHANGE ON CASH & EQUIVALENTS 129,012 740,054
NET INCREASE IN CASH & EQUIVALENTS 30,055,051 3,877,003
CASH & EQUIVALENTS, BEGINNING OF YEAR 14,949,253 11,072,250
CASH & EQUIVALENTS, END OF YEAR 45,004,304 14,949,253
Supplemental cash flow data:    
Income tax paid 3,427,582 3,471,124
Interest paid 9,754,133 9,373,650
Supplemental disclosure of non-cash financing activities    
Conversion of convertible debt into common shares $ 3,000,000 $ 0