| Schedule of Short-term Debt [Table Text Block] |
Short-term bank loans represent the amounts due to various banks that are due within one year. These loans can be renewed with the bank upon maturity. At September 30, 2014 and December 31, 2013, short-term bank loans consisted of the following:
| | | September 30, | | December 31, | |
| | | 2014 | | 2013 | |
| | | | | (As Restated) | |
| Loan from China Development Bank, due on October 17, 2014 with annual interest rate of 2.770% at September 30, 2014, guaranteed by Xinrong Zhuo, Honghong Zhuo, Zhiyan Lin and Shuhui Ke and repaid on due date | | $ | 4,482,960 | | $ | - | |
| Loan from China Development Bank, due on November 3, 2014 with annual interest rate of 2.773% at September 30, 2014, guaranteed by Xinrong Zhuo, Honghong Zhuo, Zhiyan Lin and Shuhui Ke and repaid on due date | | | 1,513,990 | | | - | |
| Loan from China Development Bank, due on November 14, 2014 with annual interest rate of 2.774% at September 30, 2014, guaranteed by Xinrong Zhuo, Honghong Zhuo, Zhiyan Lin and Shuhui Ke | | | 3,881,430 | | | - | |
| Loan from China Development Bank, due on December 7, 2014 with annual interest rate of 2.771% at September 30, 2014, guaranteed by Xinrong Zhuo, Honghong Zhuo, Zhiyan Lin and Shuhui Ke | | | 5,974,741 | | | - | |
| Loan from China Development Bank, due on December 14, 2014 with annual interest rate of 2.776% at September 30, 2014, guaranteed by Xinrong Zhuo, Honghong Zhuo, Zhiyan Lin and Shuhui Ke | | | 5,105,000 | | | - | |
| Loan from China Development Bank, due on December 31, 2014 with annual interest rate of 2.777% at September 30, 2014, guaranteed by Xinrong Zhuo, Honghong Zhuo, Zhiyan Lin and Shuhui Ke | | | 5,547,930 | | | | |
| Loan from China Development Bank, due on July 22, 2015 with annual interest rate of 3.137% at September 30, 2014, guaranteed by Xinrong Zhuo, Honghong Zhuo, Zhiyan Lin and Shuhui Ke | | | 5,000,000 | | | | |
| Loan from China Development Bank, due on March 8, 2015 with annual interest rate of 2.777% at September 30, 2014, guaranteed by Xinrong Zhuo, Honghong Zhuo, Zhiyan Lin and Shuhui Ke | | | 3,185,980 | | | | |
| Loan from Industrial and Commercial Bank of China, due on October 15, 2014 with annual interest rate of 3.050% at September 30, 2014, guaranteed by Xinrong Zhuo and repaid on due date | | | 188,995 | | | | |
| Loan from Industrial and Commercial Bank of China, due on October 15, 2014 with annual interest rate of 3.050% at September 30, 2014, guaranteed by Xinrong Zhuo and repaid on due date | | | 1,189,997 | | | | |
| Loan from Fujian Haixia Bank, due on March 22, 2014 with annual interest rate of 8.400% at December 31, 2013, guaranteed by Xinrong Zhuo and repaid on due date | | | - | | | 4,955,647 | |
| Loan from Fujian Haixia Bank, due on May 9, 2014 with annual interest rate of 9.000% at December 31, 2013, guaranteed by Xinrong Zhuo and repaid on due date | | | - | | | 1,651,883 | |
| Loan from Fujian Haixia Bank, due on April 23, 2014 with annual interest rate of 9.000% at December 31, 2013, guaranteed by Xinrong Zhuo and repaid on due date | | | - | | | 2,477,823 | |
| | | $ | 36,071,023 | | $ | 9,085,353 |
|
|
| Schedule of Long-term Debt Instruments [Table Text Block] |
Long-term bank loan represents an amount due to a bank lasting over one year. Usually, the long-term bank loan cannot be renewed with the bank upon maturity. At September 30, 2014 and December 31, 2013, long-term bank loans consisted of the following:
| | | September 30, | | December 31, | |
| | | 2014 | | 2013 | |
| | | | | (As Restated) | |
| Loan from China Minsheng Bank, due on various dates until March 16, 2015 with annual interest rate of 7.660% at September 30, 2014 and December 31, 2013, collateralized by Pingtan Fishing's and Hong Long's fishing vessels and guaranteed by Xinrong Zhuo | | $ | 5,996,685 | | $ | 9,143,169 | |
| Loan from China Minsheng Bank, due on various dates until March 16, 2015 with annual interest rate of 7.372% at September 30, 2014 and December 31, 2013, collateralized by Pingtan Fishing's and Hong Long's fishing vessels and guaranteed by Xinrong Zhuo | | | 1,462,606 | | | 2,230,041 | |
| Loan from China Minsheng Bank, due on various dates until March 16, 2015 with annual interest rate of 7.372% at September 30, 2014 and December 31, 2013, collateralized by Pingtan Fishing's and Hong Long's fishing vessels and guaranteed by Xinrong Zhuo | | | 2,267,039 | | | 3,456,564 | |
| Loan from Fujian Haixia Bank, due on various dates until March 22, 2015 with annual interest rate of 9.310% at September 30, 2014 and December 31, 2013, guaranteed by Xinrong Zhuo | | | 2,437,677 | | | 3,303,764 | |
| Loan from The Export-Import Bank of China, due on various dates until December 10, 2017 with annual interest rate of 6.400% at September 30, 2014 and December 31, 2013, collateralized by Hong Long's investment in equity interest of a China local bank | | | 19,322,651 | | | 19,640,881 | |
| Loan from The Export-Import Bank of China, due on various dates until December 10, 2017 with annual interest rate of 6.400% at September 30, 2014 and December 31, 2013, collateralized by Hong Long's investment in equity interest of a China local bank | | | 706,926 | | | 718,569 | |
| Loan from The Export-Import Bank of China, due on various dates until December 10, 2017 with annual interest rate of 6.400% at September 30, 2014 and December 31, 2013, collateralized by Fujian International Trading and Transportation Co., Ltd.'s investment in equity interest of a China local bank | | | 3,721,520 | | | 3,782,810 | |
| Loan from The Export-Import Bank of China, due on various dates until December 10, 2017 with annual interest rate of 6.400% at September 30, 2014 and December 31, 2013, guaranteed by Hong Long | | | 15,601,131 | | | 15,858,070 | |
| Loan from The Export-Import Bank of China, due on various dates until December 10, 2017 with annual interest rate of 6.400% at September 30, 2014 and December 31, 2013, collateralized by Fujian International Trading and Transportation Co., Ltd.'s investment in equity interest of a China local bank | | | 455,033 | | | 462,527 | |
| Loan from The Export-Import Bank of China, due on various dates until December 10, 2017 with annual interest rate of 6.400% at September 30, 2014 and December 31, 2013, collateralized by Hong Long's investment in equity interest of a China local bank | | $ | 1,235,090 | | $ | 1,255,431 |
|
| | | September 30, | | December 31, | |
| | | 2014 | | 2013 | |
| | | | | | (As Restated) | |
| Loan from The Export-Import Bank of China, due on various dates until December 10, 2017 with annual interest rate of 6.400% at September 30, 2014 and December 31, 2013, collateralized by Hong Long's investment in equity interest of a China local bank | | $ | 2,616,440 | | $ | 2,659,531 | |
| Loan from The Export-Import Bank of China, due on various dates until December 10, 2017 with annual interest rate of 6.400% at September 30, 2014 and December 31, 2013, collateralized by Pingtan Fishing's investment in equity interest of a China local bank | | | 2,291,416 | | | 2,329,153 | |
| Loan from China Development Bank, due on various dates until November 27, 2023 with annual interest rate of 6.8775% at September 30, 2014 and December 31, 2013, guaranteed by Xinrong Zhuo, Honghong Zhuo, Mr. and Mrs. Zhiyan Lin and 14 fishing vessels under construction | | | 9,750,707 | | | 9,911,294 | |
| Loan from China Development Bank, due on various dates until January 14, 2024 with annual interest rate of 6.8775% at September 30, 2014 and December 31, 2013, guaranteed by Xinrong Zhuo, Honghong Zhuo, Mr. and Mrs. Zhiyan Lin and 14 fishing vessels under construction | | | 3,250,236 | | | - | |
| Loan from China Development Bank, due on various dates until March 16, 2024 with annual interest rate of 6.8775% at September 30, 2014 and December 31, 2013, guaranteed by Xinrong Zhuo, Honghong Zhuo, Mr. and Mrs. Zhiyan Lin and 14 fishing vessels under construction | | | 487,534 | | | - | |
| Total long-term bank loans | | $ | 71,602,691 | | $ | 74,751,804 | |
| Less: current portion | | | (26,895,700) | | | (20,252,077) | |
| Long-term bank loans, non-current portion | | $ | 44,706,991 | | $ | 54,499,727 | |
|