Accounts Receivable

3 Months Ended

Mar. 31, 2013

Accounts Receivable and Restricted Net Assets [Abstract]

ACCOUNTS RECEIVABLE

NOTE 2 – ACCOUNTS RECEIVABLE

At March 31, 2013 and December 31, 2012, accounts receivable consisted of the following:

	March 31, 2013			December 31, 2012
Accounts receivable	$	12,076,311		$	12,670,680
Less: allowance for doubtful accounts		(2,606,294	)		(2,592,057	)
	$	9,470,017		$	10,078,623

The Company reviews the accounts receivable on a periodic basis and makes general and specific allowances when there is doubt as to the collectability of individual balances. After evaluating the collectability of individual receivable balances, the Company did not change the allowance for doubtful accounts for the three months ended March 31, 2013 and decreased the allowance for doubtful accounts in the amount of $46,670 for the three months ended March 31, 2012.