|
CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
|
Sep. 30, 2011
|
Dec. 31, 2010
|
| Current assets: |
|
|
| Cash and cash equivalents |
$ 347,703,911 |
$ 543,817,633 |
| Restricted cash |
2,087,319 |
6,985,409 |
| Marketable securities |
6,549,097 |
16,564,054 |
| Customer deposits, net of allowance for doubtful accounts of $539,433 and $640,845 as of December 31, 2010 and September 30, 2011, respectively |
120,876,725 |
90,616,995 |
| Accounts receivable, net of allowance for doubtful accounts of $18,296,842 and $10,981,086 as of December 31, 2010 and September 30, 2011, respectively |
218,252,898 |
174,114,561 |
| Properties held for sale |
3,449,682 |
4,457,709 |
| Deferred tax assets |
16,837,002 |
17,284,547 |
| Prepaid expenses and other current assets |
38,607,666 |
22,052,561 |
| Amounts due from related parties |
1,510,547 |
19,447 |
| Total current assets |
755,874,847 |
875,912,916 |
| Property and equipment, net |
25,249,449 |
21,302,787 |
| Intangible assets, net |
221,118,779 |
183,911,765 |
| Investment in affiliates |
26,468,086 |
10,161,275 |
| Goodwill |
49,223,863 |
453,139,720 |
| Other non-current assets |
45,114,083 |
13,838,062 |
| TOTAL ASSETS |
1,123,049,107 |
1,558,266,525 |
| Current liabilities: |
|
|
| Accounts payable (including accounts payable of the consolidated VIEs without recourse to E-House of $2,777,692 and $2,110,761 as of December 31, 2010 and September 30, 2011, respectively) |
6,311,890 |
8,148,688 |
| Accrued payroll and welfare expenses (including accrued payroll and welfare expenses of the consolidated VIEs without recourse to E-House of $5,998,335 and $11,671,668 as of December 31, 2010 and September 30, 2011, respectively) |
36,222,102 |
37,853,279 |
| Income tax payable (including income tax payable of the consolidated VIEs without recourse to E-House of $3,824,260 and $3,099,422 as of December 31, 2010 and September 30, 2011, respectively) |
24,760,675 |
42,276,115 |
| Other tax payable (including other tax payable of the consolidated VIEs without recourse to E-House of $2,965,717 and $4,290,915 as of December 31, 2010 and September 30, 2011, respectively) |
16,097,534 |
14,765,431 |
| Amounts due to related parties |
1,115,760 |
5,154,657 |
| Deferred revenue |
12,357,331 |
7,973,091 |
| Liability for exclusive rights with Baidu, current (including liability for exclusive rights with Baidu, current of the consolidated VIEs without recourse to E-House of nil and $13,359,983 as of December 31, 2010 and September 30, 2011, respectively) |
13,359,983 |
|
| Other current liabilities (including other current liabilities of the consolidated VIEs without recourse to E-House of $6,728,488 and $14,963,468 as of December 31, 2010 and September 30, 2011, respectively) |
23,306,933 |
23,927,768 |
| Total current liabilities |
133,532,208 |
140,099,029 |
| Deferred tax liabilities (including deferred tax liabilities of the consolidated VIEs without recourse to E-House of $424,931 and $1,712,234 as of December 31, 2010 and September 30, 2011, respectively) |
43,102,276 |
40,152,455 |
| Liability for exclusive rights with Baidu, non-current (including liability for exclusive rights with Baidu, non-current of the consolidated VIEs without recourse to E-House of nil and $20,679,586 as of December 31, 2010 and September 30, 2011, respectively) |
20,679,586 |
|
| Other non-current liabilities |
1,761,628 |
1,375,469 |
| Total liabilities |
199,075,698 |
181,626,953 |
| Commitments and contingencies (Note 15) |
|
|
| Equity: |
|
|
| Ordinary shares ($0.001 par value): 1,000,000,000 shares authorized, 80,752,526 and 78,703,087 shares issued and outstanding, as of December 31, 2010 and September 30, 2011, respectively |
78,703 |
80,752 |
| Additional paid-in capital |
682,023,752 |
672,621,384 |
| Retained earnings (Accumulated deficit) |
(72,698,628) |
200,822,587 |
| Accumulated other comprehensive income |
42,934,905 |
27,640,541 |
| Subscription receivables |
|
(65,417) |
| Total E-House equity |
652,338,732 |
901,099,847 |
| Non-controlling interest |
271,634,677 |
475,539,725 |
| Total equity |
923,973,409 |
1,376,639,572 |
| TOTAL LIABILITIES AND EQUITY |
$ 1,123,049,107 |
$ 1,558,266,525 |