CONSOLIDATED CONDENSED BALANCE SHEETS (UNAUDITED) (USD $)	Mar. 31, 2013	Dec. 31, 2012
Current assets:
Cash and cash equivalents	$ 5,984,533	$ 5,927,618
Accounts receivable, net	145,079
Other receivable, net	159,775	255,400
Prepaid expenses	22,675	22,916
Short-term loan receivable	6,045,920	0
Total current assets	12,357,982	6,205,934
Long-term loan receivable	0	6,308,085
Property and equipment, net	224,647	229,061
Rental property, net	46,029,261	46,691,556
Total assets	58,611,889	59,434,635
Current liabilities:
Bank loans	21,221,099	21,155,359
Accounts payable	4,560,391	4,552,396
Accrued expenses	235,866	57,337
Other payable	2,141,552	2,114,703
Payable to disposed subsidiaries	838,176	835,579
Advances from tenants	1,076,745	1,244,753
Taxes payable	4,290,805	4,354,853
Total current liabilities	34,364,634	34,314,978
Total liabilities	34,364,634	34,314,978
Stockholders' equity:
Common stock, $.001 par value 50,000,000 shares authorized, 11,759,966 issued and outstanding as of March 31, 2013 and December 31, 2012	11,760	11,760
Additional paid in capital	4,566,156	4,566,156
Statutory reserve	638,128	638,128
Accumulated other comprehensive income	4,555,838	4,480,228
Retained earnings	14,475,373	15,423,385
Total stockholders' equity	24,247,256	25,119,657
Total liabilities and stockholders' equity	$ 58,611,889	$ 59,434,635