Annual report pursuant to Section 13 and 15(d)

DISCONTINUED OPERATIONS (Tables)

v2.4.0.8
DISCONTINUED OPERATIONS (Tables)
12 Months Ended
Dec. 31, 2013
Schedule Of Disposal Groups Including Discontinued Operations Income Statement Disclosures [Table Text Block]
The following table provides the financial results included in net income from discontinued operations during the periods presented:
 
 
 
January 1 to
 
January 1 to
 
January 1 to
 
 
 
December 4 ,
 
December 31,
 
December 31,
 
 
 
2013
 
2012
 
2011
 
 
 
 
 
 
 
 
 
 
 
 
Revenue
 
$
161,497,136
 
$
209,619,489
 
$
226,953,070
 
 
 
 
 
 
 
 
 
 
 
 
Income from discontinued operations before income tax
 
$
67,251,697
 
$
110,805,122
 
$
126,499,331
 
 
 
 
 
 
 
 
 
 
 
 
Income tax
 
$
(15,341,035)
 
$
(26,310,694)
 
$
(30,107,070)
 
 
 
 
 
 
 
 
 
 
 
 
Net income from discontinued operations
 
$
51,910,662
 
$
84,494,428
 
$
90,257,249
 
Schedule of Disposal Groups, Including Discontinued Operations, Balance Sheet and Additional Disclosures [Table Text Block]
The carrying amounts of the major classes of assets and liabilities as of December 4, 2013 (disposal date) and December 31, 2012 were as follows:
 
 
 
December 4,
 
December 31,
 
 
 
2013
 
2012
 
 
 
 
 
 
 
 
 
Cash
 
$
84,917,899
 
$
165,062,575
 
Other current assets
 
 
28,821,788
 
 
36,613,112
 
Non - current assets
 
 
148,710,213
 
 
159,784,757
 
Total assets of discontinued operations
 
$
262,449,900
 
$
361,460,444
 
 
 
 
 
 
 
 
 
Current liabilities
 
$
25,873,709
 
$
14,052,751
 
 
 
 
 
 
 
 
 
Net asset disposed
 
$
236,576,191