Summary of Significant Accounting Policies (Details Textual) |
3 Months Ended | 9 Months Ended | |||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
May 03, 2012 |
Sep. 30, 2016
USD ($)
shares
|
Sep. 30, 2015
USD ($)
shares
|
Sep. 30, 2016
USD ($)
shares
|
Sep. 30, 2016
CNY (¥)
shares
|
Sep. 30, 2015
USD ($)
shares
|
Sep. 30, 2015
CNY (¥)
shares
|
Sep. 30, 2016
CNY (¥)
|
Feb. 29, 2016
USD ($)
|
Feb. 29, 2016
CNY (¥)
|
Jan. 31, 2016
USD ($)
|
Jan. 31, 2016
CNY (¥)
|
Dec. 31, 2015
USD ($)
|
Dec. 31, 2015
CNY (¥)
|
Feb. 15, 2015
USD ($)
|
Feb. 15, 2015
CNY (¥)
|
Dec. 31, 2014
USD ($)
|
|
Summary of significant accounting policies [Textual] | |||||||||||||||||
Employee benefit costs | $ 47,727 | $ 215,537 | $ 223,123 | $ 690,563 | |||||||||||||
Interest costs capitalized | 128,279 | 0 | 544,984 | 0 | |||||||||||||
Cumulative undistributed earnings | 170,200,000 | 170,200,000 | $ 190,500,000 | ||||||||||||||
Allowance for doubtful accounts | 251,610 | 251,610 | 372,634 | ||||||||||||||
Advertising expenses | 27,414 | 90,372 | |||||||||||||||
Cumulative translation adjustment and effect of exchange rate | (284,053) | (44,484) | |||||||||||||||
Cash balances | 567,931 | 21,092,310 | 567,931 | 21,092,310 | 11,448,684 | $ 12,752,272 | |||||||||||
Shipping and handling costs | $ 8,399 | $ 56,321 | $ 97,786 | $ 285,786 | |||||||||||||
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 | 8,966,667 | 8,966,667 | |||||||||||
Foreign currency exchange rates | $ 1.00 | $ 1.00 | ¥ 6.6694 | 1.00 | ¥ 6.4907 | ||||||||||||
Average translation rates | $ 1.00 | ¥ 6.5792 | $ 1.00 | ¥ 6.1606 | |||||||||||||
Effective income tax rate on estimated profit | 25.00% | 25.00% | 25.00% | ||||||||||||||
Reserve for inventories | 1,698,337 | $ 1,698,337 | 218,236 | ||||||||||||||
Credit Period | 180 days | 180 days | |||||||||||||||
Advances to suppliers | 34,735,933 | $ 34,735,933 | 35,994,146 | ||||||||||||||
Receivable from transferring equity method investment shares | 15,406,659 | ||||||||||||||||
Equity method investment | 29,644,707 | 29,644,707 | 30,486,314 | ||||||||||||||
Restricted cash | 4,039,344 | 4,039,344 | 1,577,642 | ||||||||||||||
Provisions of inventory reserves | $ 1,294,000 | $ 1,506,000 | |||||||||||||||
China Agriculture Industry Development Fund Co Ltd., [Member] | |||||||||||||||||
Summary of significant accounting policies [Textual] | |||||||||||||||||
Percentage of equity interest | 8.00% | 8.00% | 8.00% | 8.00% | 8.00% | ||||||||||||
Agriculture investment | $ 65,000,000 | ¥ 400,000,000 | |||||||||||||||
CHINA [Member] | |||||||||||||||||
Summary of significant accounting policies [Textual] | |||||||||||||||||
Cash balances | $ 502,516 | $ 502,516 | 11,276,429 | ||||||||||||||
HONG KONG [Member] | |||||||||||||||||
Summary of significant accounting policies [Textual] | |||||||||||||||||
Cash balances | $ 65,415 | $ 65,415 | 172,255 | ||||||||||||||
Global Deep Ocean [Member] | |||||||||||||||||
Summary of significant accounting policies [Textual] | |||||||||||||||||
Receivable from transferring equity method investment shares | $ 15,406,659 | ¥ 100,000,000 | |||||||||||||||
Percentage of equity interest | 15.00% | 15.00% | |||||||||||||||
Equity method investment | $ 23,300,000 | ¥ 150,000,000 | |||||||||||||||
Equity method investment amount received | $ 15,500,000 | ¥ 100,000,000 | $ 15,500,000 | ¥ 100,000,000 | $ 7,800,000 | ¥ 50,000,000 |