Equipment Held for Operating Lease	12 Months Ended
Dec. 31, 2013
EQUIPMENT HELD FOR OPERATING LEASE [Abstract]
EQUIPMENT HELD FOR OPERATING LEASE	NOTE 6 – EQUIPMENT HELD FOR OPERATING LEASE The Company measures long-lived assets to be leased at the lower of carrying amount or fair value, less associated costs to lease these assets. As of December 31, 2012, the Company committed to a plan to sell ESR equipment that was used to produce forged products for the high performance components market. During the last quarter of 2013, the Company decided to lease the ESR equipment to a third party and various negotiation took place during such time through March 2014. In March 2014, the Company entered into an operating lease agreement with an eight-year term commencing April 1, 2014, with a third party (the “Lessee”), whereby the Lessee will lease the ESR equipment from the Company for quarterly lease payments of 1,450,000 RMB (approximately $234,000 per quarter). Accordingly, at December 31, 2013, the ESR equipment has been reflected as equipment held for operating lease on the accompanying consolidated balance sheets. At December 31, 2013 and 2012, the Company evaluated the ESR equipment for impairment. The Company compared the estimated fair values of the equipment to its carrying value with impairment indicators and recorded an impairment charge for the excess of carrying value over fair value. For the years ended December 31, 2013 and 2012, the Company recorded an impairment loss on ESR equipment in the amount of $2,573,256 and $2,206,253, respectively.

The Company measures long-lived assets to be leased at the lower of carrying amount or fair value, less associated costs to lease these assets. As of December 31, 2012, the Company committed to a plan to sell ESR equipment that was used to produce forged products for the high performance components market. During the last quarter of 2013, the Company decided to lease the ESR equipment to a third party and various negotiation took place during such time through March 2014. In March 2014, the Company entered into an operating lease agreement with an eight-year term commencing April 1, 2014, with a third party (the “Lessee”), whereby the Lessee will lease the ESR equipment from the Company for quarterly lease payments of 1,450,000 RMB (approximately $234,000 per quarter). Accordingly, at December 31, 2013, the ESR equipment has been reflected as equipment held for operating lease on the accompanying consolidated balance sheets. At December 31, 2013 and 2012, the Company evaluated the ESR equipment for impairment. The Company compared the estimated fair values of the equipment to its carrying value with impairment indicators and recorded an impairment charge for the excess of carrying value over fair value. For the years ended December 31, 2013 and 2012, the Company recorded an impairment loss on ESR equipment in the amount of $2,573,256 and $2,206,253, respectively.