RELATED PARTY TRANSACTIONS

3 Months Ended

Mar. 31, 2013

Related Party Transactions [Abstract]

RELATED PARTY TRANSACTIONS

9.  RELATED PARTY TRANSACTIONS

As of March 31, 2013, advances from related parties totaled $40,751, which were advanced by the Company’s management, bore no interest, and are payable on demand.

As of December 31, 2012, advances to related parties totaled $440,987, including $481,863 to Erdos Metallurgy Co., Ltd. (the minority shareholder of Erdos TCH), as a receivable for maintenance fee and tax expense, and net of a $40,876 advanced by the Company’s management, which bore no interest, and were payable on demand.

Erdos TCH sold all power generation stations through sales type leases to Erdos Metallurgy Co., Ltd., the non-controlling interest holder.  Total sales and interest income for this non-controlling interest was $0.2 million and $1.83 million for the three months ended March 31, 2013, and $0.1 million and $1.86 million for the three months ended March 31, 2012, respectively.