Unaudited Condensed Consolidated Statement of Changes in Shareholders' Equity - 6 months ended Jun. 30, 2015 - USD ($) |
Total |
Ordinary Shares [Member] |
Additional paid-in capital |
Retained earnings |
Statutory Reserves |
Accumulated other comprehensive income |
Non-controlling interest |
---|---|---|---|---|---|---|---|
Balance at Dec. 31, 2014 | $ 149,258,934 | $ 79,055 | $ 117,525,377 | $ 21,315,710 | $ 6,412,892 | $ 3,925,900 | |
Balance (in shares) at Dec. 31, 2014 | 79,055,053 | ||||||
Non-controlling interest contribution | 65,228,381 | 49,692,559 | $ (171,484) | $ 15,707,306 | |||
Acquisition of fishing vessels from related parties | (56,206,080) | $ (56,206,080) | |||||
Net income | 6,832,197 | $ 6,741,251 | $ 90,946 | ||||
Dividend declared | (1,581,101) | $ (1,581,101) | |||||
Foreign currency translation adjustment | 1,112,451 | $ 880,867 | $ 231,584 | ||||
Balance at Jun. 30, 2015 | $ 164,644,782 | $ 79,055 | $ 111,011,856 | $ 26,475,860 | $ 6,412,892 | $ 4,635,283 | $ 16,029,836 |
Balance (in shares) at Jun. 30, 2015 | 79,055,053 |
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- Definition Portion of equity (net assets) in a variable interest entity (VIE) not attributable, directly or indirectly, to the parent entity. That is, this is the portion of equity in a VIE that is attributable to the noncontrolling interest (previously referred to as minority interest) No definition available.
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- Definition Amount after tax and reclassification adjustments of gain (loss) on foreign currency translation adjustments, foreign currency transactions designated and effective as economic hedges of a net investment in a foreign entity and intra-entity foreign currency transactions that are of a long-term-investment nature. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Number of shares issued which are neither cancelled nor held in the treasury. No definition available.
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- Definition Value of stock issued pursuant to acquisitions during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Value of stock issued to shareholders as a dividend during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of stockholders' equity (deficit), net of receivables from officers, directors, owners, and affiliates of the entity, attributable to both the parent and noncontrolling interests. Amount excludes temporary equity. Alternate caption for the concept is permanent equity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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