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Equipment Held for Operating Lease
3 Months Ended
Mar. 31, 2014
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. During the last quarter of 2013, the Company decided to lease the ESR equipment to a third party and negotiations took place last quarter of 2013 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, whereby the lessee leases the ESR equipment from the Company for quarterly lease payments of 1,450,000 RMB (approximately $234,000 per quarter).  Accordingly, at March 31, 2014 and December 31, 2013, the ESR equipment has been reflected as equipment held for operating lease on the accompanying consolidated balance sheets. At March 31, 2014 and December 31, 2013, 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 three months ended March 31, 2014 and 2013, the Company did not incur any impairment charge on ESR equipment.