Quarterly report pursuant to Section 13 or 15(d)

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Textual)

v2.4.0.8
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Textual) (USD $)
3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
Dec. 31, 2013
Dec. 04, 2013
Accounting Policies [Line Items]            
Pension and Other Postretirement Benefit Expense $ 574,000 $ 181,000 $ 1,128,000 $ 413,000    
Interest Costs Capitalized 635,050 117,696 1,228,048 828,873    
Undistributed Earnings of Domestic Subsidiaries 139,100,000   139,100,000   84,500,000  
Percentage Entitlement For Net Profit (Loss) Of Vessels           100.00%
Foreign Currency Translation Adjustment Description Cny     6.1457 RMB to $1.00   6.1616 RMB to $1.00  
Cash 11,797,659   11,797,659   8,156,599  
Prepaid Supplies 258,085   258,085   0  
Customer Advances, Current 161,901   161,901   297,034  
Shipping, Handling and Transportation Costs 112,000 86,000 478,000 168,000    
Advertising Expense 20,000   20,000      
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount       8,966,667    
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, Net of Tax     (690,948) 2,162,371    
Warrant [Member]
           
Accounting Policies [Line Items]            
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount     8,966,667 8,966,667    
Balance Sheet Items Except Equity Accounts [Member]
           
Accounting Policies [Line Items]            
Foreign Currency Translation Adjustment Description Cny     6.1534 RMB to $1.00   6.0537 RMB to $1.00  
Banks in China [Member]
           
Accounting Policies [Line Items]            
Cash $ 11,797,659   $ 11,797,659   $ 8,156,599