Quarterly report pursuant to Section 13 or 15(d)

COMMITMENTS AND CONTINGENCIES (Details Textual)

v2.4.0.8
COMMITMENTS AND CONTINGENCIES (Details Textual)
9 Months Ended 9 Months Ended 1 Months Ended 12 Months Ended 12 Months Ended
Sep. 30, 2014
USD ($)
Sep. 30, 2014
CNY
Jun. 12, 2014
USD ($)
Jun. 12, 2014
CNY
Dec. 31, 2013
USD ($)
Sep. 30, 2014
Commercial Retail Space [Member]
USD ($)
Sep. 30, 2014
Commercial Retail Space [Member]
CNY
Oct. 31, 2012
China Minsheng Banking Corp Limited [Member]
Dec. 31, 2013
China Minsheng Banking Corp Limited [Member]
USD ($)
Sep. 30, 2014
Pingtan Fishing [Member]
USD ($)
Sep. 30, 2014
Pingtan Fishing [Member]
CNY
Jun. 12, 2014
Pingtan Fishing [Member]
Dec. 31, 2013
Ping An Bank Co Ltd [Member]
Commitments And Contingencies [Line Items]                          
Potential Minimum Cash Obligation $ 10,000       $ 10,000                
Loss Contingency, Damages Sought, Value 1,000,000                        
Debt Instrument Guaranteed Payment                 46,300,000        
Business Combination, Consideration Transferred           27,000,000 166,227,200            
Payments to Acquire Businesses, Gross           22,400,000 138,042,604            
Equity Method Investment, Ownership Percentage 100.00%                     35.00%  
Joint Venture Registered Capital 161,200,000 1,000,000,000 163,000,000 1,000,000,000           57,000,000 350,000,000    
Joint Venture Registered Capital Contributed                   $ 16,000,000 98,000,000    
Debt Instrument, Collateral               Pingtan Fishing assigned 10 fishing vessels, as collateral to secure Hong Longs long-term loans from the financial institution in amount of approximately $10.8 million         Pingtan Fishing entered into a guarantee agreement with Ping An Bank Co., Ltd. Pursuant to the terms of the guarantee agreement, Pingtan Fishing provide maximum guarantees approximately of $8.3 million to Hong Longs credit line in amount of $16.5 million