Quarterly report pursuant to sections 13 or 15(d)

TERM LOANS (Details 4)

v2.4.0.8
TERM LOANS (Details 4) (USD $)
1 Months Ended 9 Months Ended
Sep. 30, 2013
Jan. 31, 2013
Industrial and Commercial Bank Of China [Member]
Sep. 30, 2013
Minsheng Bank Of China, Fuzhou Branch Transaction One [Member]
Sep. 30, 2013
Minsheng Bank Of China, Fuzhou Branch Transaction Two [Member]
Sep. 30, 2013
Minsheng Bank Of China, Fuzhou Branch Transaction Three [Member]
Sep. 30, 2013
Fujian Haixia Bank, Fuzhou Hualin Branch [Member]
Sep. 30, 2013
Export-Import Bank Of China [Member]
Sep. 30, 2013
Export-Import Bank Of China One [Member]
Sep. 30, 2013
Export-Import Bank Of China Two [Member]
Sep. 30, 2013
Export-Import Bank Of China Three [Member]
Sep. 30, 2013
Export-Import Bank Of China Four [Member]
Sep. 30, 2013
Export-Import Bank Of China Five [Member]
Sep. 30, 2013
Export-Import Bank Of China Six [Member]
Sep. 30, 2013
Export-Import Bank Of China Seven [Member]
Debt Instrument, Collateral   Pingtan Fishing provided certain guarantees to Hong Longs term loans from Industrial and Commercial Bank of China. Fuzhou Jinshan Branch, in maximum guarantee amount of approximately $13.1 million. Pingtan Fishing’s and Hong Long’s fishing vessels and guaranteed by Xinrong Zhuo Pingtan Fishing’s and Hong Long’s fishing vessels and guaranteed by Xinrong Zhuo Pingtan Fishing’s and Hong Long’s fishing vessels and guaranteed by Xinrong Zhuo Guaranteed by Xinrong Zhuo Share right owned by Hong Long Share right owned by Hong Long Share right owned by Fujian International Trading and Transportation Company Ltd Guaranteed by Hong Long Share right owned by Fujian International Trading and Transportation Company Ltd Share right owned by Hong Long Guaranteed by Hong Long Share right owned by Pingtan Fishing
Debt Instrument Term Description     May 4, 2012 to March 16, 2015 June 15, 2012 to March 16, 2015 June 29, 2012 to March 16, 2015 April 25, 2012 to March 22, 2015 July 5, 2013 to December 10, 2017 July 5, 2013 to December 10, 2017 July 5, 2013 to December 10, 2017 July 5, 2013 to December 10, 2017 September 29, 2013 to December 10, 2017 September 29, 2013 to December 10, 2017 September 29, 2013 to December 10, 2017 September 29, 2013 to December 10, 2017
Debt Instrument Periodic Payment Principal Current Year $ 5,706,699   $ 3,014,706 $ 735,294 $ 1,139,706 $ 816,993 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0
Debt Instrument Periodic Payment Principal Current Year One 19,460,784   6,029,412 1,470,588 2,279,412 1,633,987 3,349,673 122,549 653,595 3,235,294 81,699 212,418 0 392,157
Debt Instrument Periodic Payment Principal Current Year Two 17,781,863   3,014,706 735,294 1,139,706 1,633,987 4,673,203 179,739 915,032 4,542,483 98,039 294,118 0 555,556
Debt Instrument Periodic Payment Principal Current Year Three 12,875,817   0 0 0 0 5,359,477 196,078 1,013,072 5,163,399 130,719 359,477 0 653,595
Debt Instrument Periodic Payment Principal Current Year Four 14,019,609   0 0 0 0 6,045,752 212,418 1,160,131 2,745,098 147,060 375,819 2,630,719 702,612
Long-term loans - current portion $ 69,844,772   $ 12,058,824 $ 2,941,176 $ 4,558,824 $ 4,084,967 $ 19,428,105 $ 710,784 $ 3,741,830 $ 15,686,274 $ 457,517 $ 1,241,832 $ 2,630,719 $ 2,303,920