Annual report pursuant to Section 13 and 15(d)

TERM LOANS (Details 2)

v2.4.0.8
TERM LOANS (Details 2) (USD $)
Dec. 31, 2013
Dec. 31, 2012
Debt Instrument [Line Items]    
Long-term Debt, Total $ 74,751,804 $ 24,783,629
Less: Current portion (20,252,077) (8,094,308)
Long-term debt 54,499,727 16,689,321
Weighted average interest rate 6.80% 7.90%
China Minsheng Banking Corporation Limited, Fuzhou Branch [Member]
   
Debt Instrument [Line Items]    
Long-term Debt, Total 14,829,774 20,028,216
Fujian Haixia Bank, Fuzhou Hualin Branch [Member]
   
Debt Instrument [Line Items]    
Long-term Debt, Total 3,303,764 4,755,413
The Export-Import Bank of China, Fujian Branch [Member]
   
Debt Instrument [Line Items]    
Long-term Debt, Total 46,706,972 0
China Development Bank, Fujian Branch [Member]
   
Debt Instrument [Line Items]    
Long-term Debt, Total $ 9,911,294 $ 0