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CONSOLIDATED BALANCE SHEETS (USD $)
Mar. 31, 2013
Dec. 31, 2012
CURRENT ASSETS    
Cash & equivalents $ 44,849,549 $ 45,004,304
Restricted cash 1,036,865 2,725,002
Notes receivable 638,070 0
Accounts receivable 55,921 81,819
Current portion of investment in sales type leases, net 11,029,700 10,389,028
Interest receivable on sales type leases 63,162 912,467
Prepaid expenses 53,467 49,581
Other receivables 200,297 121,109
Advance to related party 0 440,987
Prepaid interest on trust loans 818,325 816,164
Prepaid loan fees - current 81,354 81,139
Total current assets 58,826,710 60,621,600
NON-CURRENT ASSETS    
Prepaid loan fees - noncurrent 183,046 202,848
Investment in sales type leases, net 129,639,111 118,021,435
Long term deposit 389,537 388,508
Property and equipment, net 61,589 68,305
Construction in progress 21,396,379 22,993,905
Total non-current assets 151,669,662 141,675,001
TOTAL ASSETS 210,496,372 202,296,601
CURRENT LIABILITIES    
Accounts payable 6,589,158 239,722
Notes payable - bank acceptances 1,595,176 3,659,216
Taxes payable 1,505,023 1,372,535
Accrued liabilities and other payables 1,808,605 1,534,829
Advance from related parties 40,751 0
Deferred tax liability 2,652,145 2,471,925
Bank loans payable - current 13,558,998 13,523,188
Trust loans payable 31,504,730 31,421,526
Interest payable on trust loans 1,295,745 317,962
Convertible note 3,766,694 3,766,694
Accrued interest on convertible note 563,112 383,929
Current portion of long term payable 1,321,309 1,292,185
Total current liabilities 66,201,446 59,983,711
NONCURRENT LIABILITIES    
Deferred tax liability, net 7,161,882 6,565,618
Refundable deposit from customers for systems leasing 590,215 588,656
Long term payable 3,381,363 3,711,658
Bank loans payable 10,049,610 12,091,321
Total noncurrent liabilities 21,183,070 22,957,253
Total liabilities 87,384,516 82,940,964
CONTINGENCIES AND COMMITMENTS      
STOCKHOLDERS' EQUITY    
Common stock, $0.001 par value; 100,000,000 shares authorized, 50,224,350 shares issued and outstanding as of March 31, 2013 and December 31, 2012 50,225 50,225
Additional paid in capital 58,501,642 58,501,642
Statutory reserve 8,185,866 7,766,002
Accumulated other comprehensive income 11,879,559 11,554,225
Retained earnings 39,985,433 37,107,107
Total Company stockholders' equity 118,602,725 114,979,201
Noncontrolling interest 4,509,131 4,376,436
Total equity 123,111,856 119,355,637
TOTAL LIABILITIES AND EQUITY $ 210,496,372 $ 202,296,601