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SEGMENT REPORTING (Tables)
12 Months Ended
Jun. 30, 2014
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment [Table Text Block]
As of June 30, 2014, the Company was organized into three main business segments (four main business segments in 2012) based on location and product: Jinong (fertilizer production), Gufeng (fertilizer production), and Yuxing (agricultural products production). Each of the three operating segments referenced above has separate and distinct general ledgers. The chief operating decision maker (“CODM”) receives financial information, including revenue, gross margin, operating income and net income produced from the various general ledger systems to make decisions about allocating resources and assessing performance; however, the principal measure of segment profitability or loss used by the CODM is net income by segment.
 
 
 
Years ended June 30,
 
Revenues from unaffiliated customers:
 
2014
 
2013
 
2012
 
Jinong
 
$
117,706,034
 
$
110,585,022
 
$
88,168,740
 
Gufeng
 
 
112,011,232
 
 
102,915,414
 
 
121,480,943
 
Jintai
 
 
-
 
 
-
 
 
5,792,002
 
Yuxing
 
 
3,684,822
 
 
3,397,520
 
 
2,082,520
 
Consolidated
 
$
233,402,088
 
$
216,897,956
 
$
217,524,205
 
 
 
 
 
 
 
 
 
 
 
 
Operating income :
 
 
 
 
 
 
 
 
 
 
Jinong
 
$
27,765,212
 
$
44,036,878
 
$
43,636,915
 
Gufeng
 
 
16,636,156
 
 
15,322,045
 
 
18,211,687
 
Jintai
 
 
-
 
 
-
 
 
(1,863,529)
 
Yuxing
 
 
48,879
 
 
(32,265)
 
 
(352,996)
 
Reconciling item (1)
 
 
-
 
 
-
 
 
-
 
Reconciling item (2)
 
 
(1,078,398)
 
 
(840,511)
 
 
(2,482,232)
 
Reconciling item (2)--stock compensation
 
 
(8,054,189)
 
 
(3,100,685)
 
 
(3,224,835)
 
Consolidated
 
$
35,317,660
 
$
55,385,462
 
$
53,925,010
 
 
 
 
 
 
 
 
 
 
 
 
Net income:
 
 
 
 
 
 
 
 
 
 
Jinong
 
$
23,269,461
 
$
37,682,986
 
$
37,363,672
 
Gufeng
 
 
11,271,742
 
 
10,498,393
 
 
12,335,102
 
Jintai
 
 
-
 
 
-
 
 
(1,863,235)
 
Yuxing
 
 
106,059
 
 
533,722
 
 
(170,996)
 
Reconciling item (1)
 
 
20
 
 
142
 
 
347
 
Reconciling item (2)
 
 
(9,132,587)
 
 
(3,941,195)
 
 
(5,707,065)
 
Consolidated
 
$
25,514,695
 
$
44,774,048
 
$
41,957,825
 
 
 
 
 
 
 
 
 
 
 
 
Depreciation and Amortization:
 
 
 
 
 
 
 
 
 
 
Jinong
 
$
28,456,422
 
$
10,065,656
 
$
2,347,530
 
Gufeng
 
 
3,143,837
 
 
3,298,983
 
 
2,878,037
 
Jintai
 
 
-
 
 
-
 
 
128,563
 
Yuxing
 
 
1,660,990
 
 
1,399,407
 
 
638,736
 
Consolidated
 
$
33,261,249
 
$
14,764,046
 
$
5,992,866
 
 
 
 
 
 
 
 
 
 
 
 
Interest expense:
 
 
 
 
 
 
 
 
 
 
Gufeng
 
 
1,380,829
 
 
1,351,157
 
 
1,590,620
 
Consolidated
 
$
1,380,829
 
$
1,351,157
 
$
1,590,620
 
 
 
 
 
 
 
 
 
 
 
 
Capital Expenditure:
 
 
 
 
 
 
 
 
 
 
Jinong
 
$
72,128,061
 
$
31,404,561
 
$
7,935,098
 
Gufeng
 
 
112,941
 
 
7,422
 
 
-
 
Jintai
 
 
-
 
 
-
 
 
-
 
Yuxing
 
 
1,423,163
 
 
1,037,272
 
 
3,948,849
 
Consolidated
 
$
73,664,165
 
$
32,449,255
 
$
11,883,947
 
  
 
 
As of June 30,
 
 
 
2014
 
2013
 
Identifiable assets:
 
 
 
 
 
 
 
Jinong
 
$
195,331,283
 
$
197,232,555
 
Gufeng
 
 
153,655,110
 
 
108,409,694
 
Jintai
 
 
-
 
 
-
 
Yuxing
 
 
44,003,970
 
 
43,021,886
 
Reconciling item (1)
 
 
123,753
 
 
68,113
 
Reconciling item (2)
 
 
(3,906)
 
 
(3,906)
 
Consolidated
 
$
393,110,210
 
$
348,728,342
 
 
(1) Reconciling amounts refer to the unallocated assets or expenses of Green New Jersey.
(2) Reconciling amounts refer to the unallocated assets or expenses of the Parent Company.
Export [Member]  
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment [Table Text Block]
Total revenues from exported products currently account for approximately 0.1%, 14.7% and 15.0% of the Company’s total fertilizer revenues for the years ended June 30, 2014, 2013 and 2012, respectively.
 
FY 2014 Export Details
 
Exported to
 
Subsidiary
 
Type
 
Amount
 
India
 
Gufeng
 
40 % humic acid organic/inorganic fertilizer
 
$
-
 
India
 
Jinong
 
Liquid fertilizer
 
 
129,351
 
India
 
Jinong
 
Solid fertilizer
 
 
196,572
 
 
 
 
 
 
 
$
325,923
 
 
FY 2013 Export Details
 
Exported to
 
Subsidiary
 
Type
 
Amount
 
India
 
Gufeng
 
40 % humic acid organic/inorganic fertilizer
 
$
-
 
India
 
Jinong
 
Liquid fertilizer
 
 
174,150
 
India
 
Jinong
 
Solid fertilizer
 
 
158,791
 
 
 
 
 
 
 
$
332,941
 
   
FY 2012 Export Details
 
Exported to
 
Subsidiary
 
Type
 
Amount
 
India
 
Gufeng
 
40 % humic acid organic/inorganic fertilizer
 
$
31,330,724
 
India
 
Jinong
 
Liquid fertilizer
 
 
77,576
 
India
 
Jinong
 
Solid fertilizer
 
 
60,538
 
Ghana
 
Jinong
 
Liquid fertilizer
 
 
75,984
 
 
 
 
 
 
 
$
31,544,822