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CONSOLIDATED CONDENSED STATEMENTS OF CASH FLOWS (UNAUDITED) (USD $)
6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Cash flows from operating activities:    
Net (loss) income $ (1,290,779) $ (1,308,895)
Depreciation and amortization 1,622,687 1,574,097
Gain on disposal of parking lots    (388,857)
Provision for doubtful accounts    36,783
Changes in operating assets and liabilities:    
Accounts receivable and other receivable (288,743) (142,029)
Advances to suppliers 8,464   
Properties held for resale (4,087)   
Increase/(decrease) in current liabilities:    
Accounts payable and accrued expenses 22,867 31,436
Advances from buyers (123,251) (189,257)
Income and other taxes payable (82,367) (32,646)
Net cash (used in) provided by operating activities (135,209) (419,368)
Cash flows from investing activities:    
Purchases of property & equipment 12,577 1,618
Sale of property & equipment 718   
Proceeds from disposal of parking lots    388,857
Net cash provided by (used in) investing activities 13,295 390,475
Cash flows from financing activities:    
Loan to third party    (2,383,563)
Repayment of loan to third party 307,794   
Net cash provided by (used in) financing activities 307,794 (2,383,563)
Effect of exchange rate (104,774) 170,538
Net increase (decrease) in cash and cash equivalents 81,107 (2,241,918)
Cash and cash equivalents, beginning of period 6,294,500 9,584,071
Cash and cash equivalents, end of period 6,375,607 7,342,152
Supplemental disclosures of cash flow information:    
Interest paid 1,066,391 1,171,471
Income taxes