CONSOLIDATED CONDENSED BALANCE SHEETS (UNAUDITED) (USD $)	Jun. 30, 2013	Dec. 31, 2012
Current assets:
Cash and cash equivalents	$ 6,562,451	$ 5,927,618
Accounts receivable, net	410,930
Other receivable, net	359,976	255,400
Properties held for resale	25,295	22,916
Short-term loan receivable	6,118,226
Total current assets	13,476,877	6,205,934
Long-term loan receivable		6,308,085
Property and equipment, net	234,743	229,061
Rental property, net	45,762,701	46,691,556
Total assets	59,474,322	59,434,635
Current liabilities:
Bank loans	21,474,892	21,155,359
Accounts payable	4,614,960	4,552,396
Accrued expenses	8,671	57,337
Other payable	2,201,970	2,114,703
Payable to disposed subsidiaries	848,200	835,579
Advances from tenants	1,278,326	1,244,753
Taxes payable	4,513,773	4,354,853
Total current liabilities	34,940,791	34,314,978
Total liabilities	34,940,791	34,314,978
Stockholders' equity:
Common stock, $.001 par value 50,000,000 shares authorized, 11,759,966 issued and outstanding as of June 30, 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	4,800,218	4,480,228
Retained earnings	14,517,268	15,423,385
Total stockholders' equity	24,533,530	25,119,657
Total liabilities and stockholders' equity	$ 59,474,322	$ 59,434,635