XML 43 R31.htm IDEA: XBRL DOCUMENT v3.8.0.1
Intangible Assets (Tables)
12 Months Ended
Jun. 30, 2017
Schedule of impaired intangible assets
  June 30,  June 30, 
  2017  2016 
Land use rights, net $10,121,591  $10,381,215 
Technology patent, net  -   - 
Customer relationships, net  5,578,641   6,403,343 
Non-compete agreement  1,092,584   925,678 
Trademarks  6,119,875   6,129,812 
Total $22,911,876  $23,840,048 
Schedule of finite-lived intangible assets, future amortization expense
Years Ending June 30, Expense ($) 
2018  1,894,275 
2019  1,894,275 
2020  1,855,439 
2021  747,663 
2022  576,687 
LAND USE RIGHT [Member]  
Schedule of impaired intangible assets
  June 30,        June 30,
  2016  Additions  Amortization  2017
Land use rights $12,268,150              -      $12,246,630
Less: accumulated amortization  (1,886,935)      (238,104) (2,125,039)
Total land use rights, net $10,381,215          $10,121,591
TECHNOLOGY PATENT [Member]  
Schedule of impaired intangible assets
  June 30,        June 30, 
  2016  Additions  Amortization  2017 
Technology know-how $2,268,798   -                   $2,264,818 
Less: accumulated amortization  (2,268,798)          (2,264,818)
Total technology know-how, net $-          $- 
CUSTOMER RELATIONSHIP [Member]  
Schedule of impaired intangible assets
  June 30,        June 30,
  2016  Additions  Amortization  2017
Customer relationships $12,257,101   522,028      $12,757,628
Less: accumulated amortization  (5,853,758)      (1,325,229) (7,178,987)
Total customer relationships, net $6,403,343          $5,578,641
NON-COMPETE AGREEMENT [Member]  
Schedule of impaired intangible assets

 

  June 30,        June 30, 
  2016  Additions  Amortization  2017 
Non-compete agreement $1,124,338   390,080                 $1,124,338 
Less: accumulated amortization  (198,660)          (422,634)
Total non-compete agreement, net $925,678          $1,092,584