XML 39 R29.htm IDEA: XBRL DOCUMENT v3.5.0.2
Intangible Assets (Tables)
9 Months Ended
Sep. 30, 2016
Intangible Assets [Abstract]  
Summary of intangible assets

 

  Useful life   September 30, 2016     December 31, 2015  
Land use rights   45 - 50 years   $ 4,048,472     $ 4,159,920  
Patent use rights   10 years     2,399,024       -  
          6,447,496       4,159,920  
Less: accumulated amortization         (863,469 )     (777,849 )
        $ 5,584,027     $ 3,382,071  
Schedule of amortization of intangible assets attributable to future periods

Twelve-month periods ending September 30:   Amount  
2017   $ 328,537  
2018     328,537  
2019     328,537  
2020     328,537  
2021     328,537  
Thereafter     3,941,342  
    $ 5,584,027