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CONSOLIDATED CONDENSED STATEMENTS OF CASH FLOWS (UNAUDITED) (USD $)
9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Cash flows from operating activities:    
Net (loss) income $ (1,714,043) $ (1,401,557)
Depreciation and amortization 2,460,442 2,456,928
Gain on disposal of parking lots 0 (828,038)
Provision for doubtful accounts 0 37,004
Changes in operating assets and liabilities:    
Accounts receivable and other receivable (341,738) (168,663)
Advances to suppliers 8,688 6,148
Properties held for resale 0 0
Increase/(decrease) in current liabilities:    
Accounts payable and accrued expenses 78,935 126,698
Advances from buyers (89,359) (196,415)
Income and other taxes payable (77,429) (22,857)
Net cash (used in) provided by operating activities 325,497 9,247
Cash flows from investing activities:    
Purchases of property & equipment (10,886) 0
Proceeds from disposal of parking lots 0 832,039
Net cash provided by (used in) investing activities (10,886) 832,039
Cash flows from financing activities:    
Loans repayment from third party 315,935 0
Loan to third party 0 (2,397,883)
Net cash provided by (used in) financing activities 315,935 (2,397,883)
Effect of exchange rate (25,505) 215,438
Net increase (decrease) in cash and cash equivalents 605,041 (1,341,159)
Cash and cash equivalents, beginning of period 6,294,500 9,584,071
Cash and cash equivalents, end of period 6,899,541 8,242,912
Supplemental disclosures of cash flow information:    
Interest paid 1,634,787 1,698,808
Income taxes $ 0 $ 0