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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
CASH FLOWS FROM OPERATING ACTIVITIES:    
Income including noncontrolling interest $ 15,398,798 $ 9,668,218
Adjustments to reconcile income including noncontrolling interest to net cash provided by (used in) operating activities:    
Changes in sales type leases receivables 0 (18,946,044)
Shares to be issued for cost of Yida project 0 14,491,450
Depreciation and amortization 21,705 16,211
Stock option expense 13,264 41,680
Investment income (8,487) (13,268)
Changes in deferred tax (1,436,483) 1,471,536
Changes in assets and liabilities:    
Interest receivable on sales type leases 376,983 (220,343)
Collection of principal on sales type leases 47,907,042 5,304,071
Prepaid expenses 789,347 729,902
Accounts receivable (7,326,079) 9,895
Other receivables (1,213,615) 26,770
Construction in progress (9,595,562) (57,679,140)
Accounts payable 1,463,130 8,278,300
Taxes payable 1,039,073 132,582
Interest payable on entrusted loans (25,891) (27,528)
Accrued liabilities and other payables 394,477 156,908
Net cash provided by (used in) operating activities 47,797,702 (36,558,800)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Changes of restricted cash 0 (5,475,646)
Acquisition of property and equipment (20,164) (556)
Net cash used in investing activities (20,164) (5,476,202)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Notes receivable 0 653,808
Proceeds from loans 0 41,860,085
Repayment of loans (27,941,848) (10,379,209)
Long term payable (2,397,565) (703,938)
Advance from related parties 3,263 9,509,112
Net cash provided by (used in) financing activities (30,336,150) 40,939,858
EFFECT OF EXCHANGE RATE CHANGE ON CASH AND EQUIVALENTS 71,294 9,256
NET INCREASE (DECREASE) IN CASH AND EQUIVALENTS 17,512,682 (1,085,888)
CASH AND EQUIVALENTS, BEGINNING OF PERIOD 35,871,030 7,701,530
CASH AND EQUIVALENTS, END OF PERIOD 53,383,712 6,615,642
Supplemental cash flow data:    
Income tax paid 2,920,356 1,632,341
Interest paid $ 8,134,936 $ 6,986,923