XML 122 R52.htm IDEA: XBRL DOCUMENT v2.4.0.8
LINE OF CREDIT, SHORT TERM DEBT AND BANK ACCEPTANCE NOTES (Narrative) (Details) (USD $)
3 Months Ended 6 Months Ended 1 Months Ended 6 Months Ended 12 Months Ended 12 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Aug. 31, 2013
Jul. 31, 2013
Dec. 31, 2012
Mar. 31, 2012
Sanmen Local Bank [Member]
May 31, 2012
Sanmen Branch Of CITIC Bank [Member]
Jun. 30, 2013
Taizhou Bank [Member]
Dec. 31, 2012
Taizhou Bank [Member]
Dec. 31, 2012
China Everbright Bank [Member]
Jun. 30, 2013
China Everbright Bank [Member]
Dec. 31, 2012
CITIC Bank [Member]
Jun. 30, 2013
CITIC Bank [Member]
Jun. 30, 2013
Yinzuo Bank [Member]
Dec. 31, 2012
Yinzuo Bank [Member]
Jun. 30, 2013
Shanghai Pudong Development Bank [Member]
Dec. 31, 2012
Shanghai Pudong Development Bank [Member]
Jun. 30, 2013
Industrial and Commercial Bank of China [Member]
Dec. 31, 2012
Industrial and Commercial Bank of China [Member]
Jun. 30, 2013
Jonway Group [Member]
May 31, 2013
Jonway Group [Member]
Feb. 28, 2013
Jonway Group [Member]
Jan. 31, 2013
Jonway Group [Member]
Dec. 31, 2012
Jonway Group [Member]
Nov. 30, 2012
Jonway Group [Member]
May 25, 2012
Jonway Group [Member]
Jun. 30, 2013
Minimum [Member]
Taizhou Bank [Member]
Dec. 31, 2012
Minimum [Member]
Jonway Group [Member]
Jun. 30, 2013
Maximum [Member]
Taizhou Bank [Member]
Dec. 31, 2012
Maximum [Member]
Jonway Group [Member]
Short-term Debt [Line Items]                                                                
Line of credit, borrowing capacity               $ 800,000 $ 24,300,000   $ 4,000,000 $ 9,100,000               $ 4,800,000     $ 1,100,000 $ 1,400,000 $ 3,400,000 $ 1,600,000 $ 7,300,000          
Line of credit, amount outstanding                   1,600,000 2,000,000                 4,800,000   800,000   800,000                
Credit exposure                 7,300,000 400,000 4,000,000 4,500,000   7,300,000                                    
Line of credit, annual interest rate 7.11% 7.11% 7.77% 7.77%                                                        
Short term loans 13,744,000   13,744,000       8,754,000   7,300,000 1,610,000 1,585,000     7,333,000 7,280,000     676,811   4,854,000                         
Payment of short term debt     2,786,000 4,842,000                                                        
Interest rate                 6.00%                     5.57%       6.90%   8.05% 6.60%   5.92% 8.06% 8.53% 8.46%
Debt instrument, maturity date                 Nov. 30, 2013   Dec. 31, 2013 Dec. 31, 2013                                        
Pledged assets                             1,500,000             3,300,000           5,800,000        
Bank acceptance notes payable 21,842,000   21,842,000   9,300,000 7,300,000 18,513,000   5,800,000 4,530,000 4,627,000 6,334,000 9,061,000 5,608,000 5,824,000    1,268,000    677,000 2,427,000                         
Required cash deposit 50.00%   50.00%   50.00% 100.00%       50.00%     50.00%   100.00% 50.00%       100.00%                        
Restricted cash for notes payable $ 15,300,000   $ 15,300,000             $ 2,500,000   $ 4,500,000                           $ 100,000            
Number of bank acceptance notes                               21