CONSOLIDATED BALANCE SHEETS (USD $)	Mar. 31, 2013	Dec. 31, 2012
Current assets
Cash and cash equivalents	$ 212,665	$ 430,746
Restricted cash	19,149,140	19,044,294
Accounts receivable, net	2,566,950	3,246,247
Inventories, net	446,416	928,881
Other receivables and prepaid expenses	4,232,796	4,514,434
Due from related parties	20,967,777	20,964,025
Current assets of discontinued operations, held for sale	175,950,575	144,751,290
Total current assets	223,526,319	193,879,917
Property, plant and equipment, net	2,392,429	2,376,639
Equipment deposit	35,249	35,249
Intangible assets	477,439	480,690
Long-term investments	11,660,368	11,912,956
Goodwill	27,031,492	27,031,492
TOTAL ASSETS	265,123,296	235,716,943
Current liabilities
Short-term loans	3,600,596	3,519,999
Accounts payable	4,964,714	6,409,278
Accrued expenses and other payables	3,983,448	3,814,647
Purchase deposit from buyer	8,740,490	8,740,490
Taxes payable	22,457	22,334
Due to related parties	8,152,524	9,889,037
Warrant liability	13,715	7,340
Current liabilities of discontinued operations	169,860,070	138,348,859
Total current liabilities	199,338,014	170,751,984
Long-term loans	1,863,897	0
Long-term notes payable	317,500	317,500
TOTAL LIABILITIES	201,519,411	171,069,484
COMMITMENTS
STOCKHOLDERS' EQUITY
Preferred stock: authorized 1,000,000 shares, par value $0.01 none issued and outstanding	0	0
Common stock: authorized 60,000,000 shares, par value $0.01, 29,526,848 shares issued and 29,525,168 shares outstanding at March 31, 2013; 29,320,848 shares issued and 29,319,168 shares outstanding at December 31, 2012	295,252	293,192
Treasury shares: 1,680 shares at cost	(7,322)	(7,322)
Additional paid-in capital	51,300,193	51,108,409
Statutory surplus reserve	702,539	702,539
Accumulated other comprehensive income	4,390,530	4,058,657
Accumulated deficit	(5,561,303)	(4,098,798)
TOTAL STOCKHOLDERS' EQUITY	51,119,889	52,056,677
Noncontrolling interest	12,483,996	12,590,782
TOTAL EQUITY	63,603,885	64,647,459
TOTAL LIABILITIES AND EQUITY	$ 265,123,296	$ 235,716,943