Equity Method Investment (Details Textual) ¥ in Millions |
3 Months Ended | 9 Months Ended | ||||
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Sep. 30, 2017
USD ($)
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Sep. 30, 2016
USD ($)
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Sep. 30, 2017
USD ($)
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Sep. 30, 2016
USD ($)
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Sep. 30, 2017
CNY (¥)
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Dec. 31, 2016
USD ($)
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Equity Method Investment (Textual) | ||||||
Equity method investment | $ 30,054,827 | $ 30,054,827 | $ 28,493,273 | |||
Joint venture registered capital | 150,700,000 | 150,700,000 | ¥ 1,000 | |||
Loss on equity method investment | $ 7,333 | $ 6,968 | $ 27,500 | $ 25,095 | ||
Pingtan Fishing [Member] | ||||||
Equity Method Investment (Textual) | ||||||
Percentage of ownership | 20.00% | 20.00% | 20.00% | |||
Joint venture registered capital | $ 30,100,000 | $ 30,100,000 | ¥ 200 | |||
Zhen Lin [Member] | ||||||
Equity Method Investment (Textual) | ||||||
Percentage of ownership | 80.00% | 80.00% | 80.00% |
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- References No definition available.
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- Definition This amount represents the entity's proportionate share for the period of the net income (loss) of its investee (such as unconsolidated subsidiaries and joint ventures) to which the equity method of accounting is applied. No definition available.
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- Definition The amount of registered capital of the joint venture. No definition available.
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- Definition The percentage of ownership of common stock or equity participation in the investee accounted for under the equity method of accounting. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition This item represents the carrying amount on the entity's balance sheet of its investment in common stock of an equity method investee. This is not an indicator of the fair value of the investment, rather it is the initial cost adjusted for the entity's share of earnings and losses of the investee, adjusted for any distributions (dividends) and other than temporary impairment (OTTI) losses recognized. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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