Consolidated Statements of Changes in Shareholders' Equity (USD $)
Total
Ordinary Shares
Additional paid-in capital
Retained Earnings (Accumulated Deficit)
Statutory reserves
Accumulated other comprehensive income
Balance at Dec. 31, 2011 $ 284,428,406 $ 77,215 $ 135,427,182 $ 113,945,830 $ 16,897,465 $ 18,080,714
Balance (in shares) at Dec. 31, 2011   77,215,000        
Net income 108,774,696     108,774,696    
Appropriation to statutory reserves          (2,523,552) 2,523,552   
Foreign currency translation adjustment 4,112,882             4,112,882
Balance at Dec. 31, 2012 397,315,984 77,215 135,427,182 220,196,974 19,421,017 22,193,596
Balance (in shares) at Dec. 31, 2012   77,215,000        
Net income 99,046,456     99,046,456    
Recapitalization of company 3,589,337 1,840 3,587,497         
Recapitalization of company (in shares)   1,840,053        
Appropriation to statutory reserves          (3,024,131) 3,024,131   
Foreign currency translation adjustment 8,195,045             8,195,045
Disposal of China Dredging Group Co., Ltd. (54,974,593)    117,525,377 (130,557,629) (16,032,256) (25,910,085)
Acquisition of fishing vessels from related party (388,330,794)    (139,014,679) (249,316,115)      
Balance at Dec. 31, 2013 64,841,435 79,055 117,525,377 (63,654,445) 6,412,892 4,478,556
Balance (in shares) at Dec. 31, 2013   79,055,053        
Net income 85,760,705     85,760,705    
Dividend declared (790,550)       (790,550)      
Foreign currency translation adjustment (552,656)             (552,656)
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