Summary of Significant Accounting Policies (Details Textual) |
3 Months Ended | 6 Months Ended | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
May. 03, 2012 |
Jun. 30, 2015
USD ($)
vessels
|
Jun. 30, 2014
USD ($)
|
Jun. 30, 2015
USD ($)
vessels
shares
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Jun. 30, 2015
CNY (¥)
shares
|
Jun. 30, 2014
USD ($)
shares
|
Jun. 30, 2014
CNY (¥)
shares
|
Jun. 30, 2015
CNY (¥)
vessels
|
Dec. 31, 2014
USD ($)
vessels
|
Dec. 31, 2014
CNY (¥)
vessels
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Dec. 31, 2013
USD ($)
|
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| Summary of significant accounting policies [Textual] | |||||||||||
| Employee benefit costs | $ 220,709 | $ 262,420 | $ 475,026 | $ 554,224 | |||||||
| Interest costs capitalized | 0 | 214,911 | 0 | 592,998 | |||||||
| Cumulative undistributed earnings | 179,500,000 | 179,500,000 | $ 172,900,000 | ||||||||
| Allowance for doubtful accounts | 1,017,513 | 1,017,513 | 1,174,121 | ||||||||
| Advances from customers | 0 | 0 | 164,724 | ||||||||
| Advertising expenses | 25,181 | 533 | 90,372 | 533 | |||||||
| Cumulative translation adjustment and effect of exchange rate | 41,522 | 417,568 | |||||||||
| Cash | 26,210,998 | 13,628,063 | 26,210,998 | 13,628,063 | 12,752,272 | $ 8,156,599 | |||||
| Shipping and handling costs | 70,124 | $ 152,434 | $ 229,465 | $ 366,359 | |||||||
| Entitlement of net profit loss towards fishing vessels by entity, percentage | 100.00% | 100.00% | |||||||||
| Warrants to purchase common stock | shares | 8,966,667 | 8,966,667 | 8,966,667 | 8,966,667 | |||||||
| Foreign currency exchange rates | $ 1.00 | $ 1.00 | ¥ 6.0888 | $ 1.00 | ¥ 6.1385 | ||||||
| Average translation rates | $ 1.00 | ¥ 6.1128 | $ 1.00 | ¥ 6.1883 | |||||||
| Effective income tax rate on estimated profit | 25.00% | 25.00% | 25.00% | ||||||||
| Number of fishing vessels | vessels | 135 | 135 | 135 | 43 | 43 | ||||||
| CHINA | |||||||||||
| Summary of significant accounting policies [Textual] | |||||||||||
| Cash | $ 25,387,888 | $ 25,387,888 | $ 12,486,630 | ||||||||
| HONG KONG | |||||||||||
| Summary of significant accounting policies [Textual] | |||||||||||
| Cash | $ 823,110 | $ 823,110 | $ 265,642 | ||||||||
| INDONESIA | |||||||||||
| Summary of significant accounting policies [Textual] | |||||||||||
| Number of fishing vessels | vessels | 117 | 117 | 117 | ||||||||
| Derived revenue, Percentage | 91.00% | 91.00% | |||||||||
| X | ||||||||||
- Definition Percentage of net profit (loss) entitled towards fishing vessels by the entity. No definition available.
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- Definition Represents the number of fishing vessels. No definition available.
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- References No definition available.
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- Definition Warrants to purchase common stock . No definition available.
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- Definition Accumulated adjustment, net of tax, that results from the process of translating subsidiary financial statements and foreign equity investments into the reporting currency from the functional currency of the reporting entity, net of reclassification of realized foreign currency translation gains or losses. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount charged to advertising expense for the period, which are expenses incurred with the objective of increasing revenue for a specified brand, product or product line. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition For an unclassified balance sheet, a valuation allowance for receivables due a company that are expected to be uncollectible. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition For an entity that discloses a concentration risk in relation to quantitative amount, which serves as the "benchmark" (or denominator) in the equation, this concept represents the concentration percentage derived from the division. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The increase (decrease) in cumulative translation adjustment before transfers included in determining net income. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The current portion of aggregate prepayments received from customers for goods or services to be provided in the future, as well as the current portion of money or property received from customers that are to be returned upon satisfactory contract completion or as partial prepayment for goods or services to be provided in the future. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of deferred tax liability attributable to taxable temporary differences from undistributed earnings of subsidiaries and other recognized entities not within the country of domicile of the entity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Percentage of the difference between reported income tax expense (benefit) and expected income tax expense (benefit) computed by applying the domestic federal statutory income tax rates to pretax income (loss) from continuing operations applicable to state and local income tax expense (benefit), net of federal tax expense (benefit). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of interest capitalized during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount after tax, before 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 amount of pension and other (such as medical, dental and life insurance) postretirement benefit costs recognized during the period for (1) defined benefit plans (periodic benefit costs include the following components: service cost, interest cost, expected return on plan assets, gain (loss) on assets, prior service cost or credit, transition asset or obligation, and gain (loss) due to settlements or curtailments) and for (2) defined contribution plans (to the extent that a plan's defined contributions to an individual's account are to be made for periods in which that individual renders services, the net cost for a period is the contribution called for in that period; if a plan calls for contributions for periods after an individual retires or terminates, the estimated cost is accrued during the employee's service period). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Cost incurred during the reporting period in transporting goods and services to customers. Includes freight-out costs. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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