Fincera (YUANF) 20-F 30 Apr 15 2014 FY Annual report (foreign) Financial data

Document_and_Entity_Informatio

Document and Entity Information	12 Months Ended
	Dec. 31, 2014
Document And Entity Information
Entity Registrant Name	AutoChina International Ltd
Entity Central Index Key	1417370
Document Type	20-F
Document Period End Date	31-Dec-14
Amendment Flag	FALSE
Current Fiscal Year End Date	-19
Is Entity a Well-known Seasoned Issuer?	No
Is Entity a Voluntary Filer?	No
Is Entity's Reporting Status Current?	Yes
Entity Filer Category	Accelerated Filer
Entity Common Stock, Shares Outstanding	23,549,644
Document Fiscal Period Focus	FY
Document Fiscal Year Focus	2014

CONSOLIDATED_BALANCE_SHEETS

CONSOLIDATED BALANCE SHEETS (USD $)	Dec. 31, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
ASSETS
Cash and cash equivalents	$26,027	$31,370
Restricted cash	988	1,244
Accounts receivable, net of provision for doubtful accounts of $29,074 and $20,891, respectively	28,915	27,931
Inventories	4,746	5,319
Prepaid expenses, related party	50	0
Prepaid expenses and other current assets	5,520	5,261
Other financing receivables, net	48,506	0
Other financing receivables, net, related party	782	0
Short-term net investment in sales-type leases	56,975	0
Current maturities of long term net investment in direct financing and sales-type leases, net of provision for doubtful debts of $22 and $389, respectively	285,983	261,684
Deferred income tax assets	8,751	5,515
Total current assets	467,243	338,324
Property, equipment and leasehold improvements, net	80,152	82,254
Deferred income tax assets	6,080	4,126
Long-term net investment in direct financing and sales-type leases, net of current maturities	59,170	128,415
Total assets	612,645	553,119
LIABILITIES AND EQUITY
Short-term borrowings (including short-term borrowings of the consolidated VIEs without recourse to AutoChina of $138,912 and $124,654 as of December 31, 2014 and 2013, respectively)	155,342	160,737
Long-term borrowings, current portion (including long-term borrowings, current portion of the consolidated VIEs without recourse to AutoChina of nil and nil as of December 31, 2014 and 2013, respectively)	2,451	0
Long-term payables, current portion (including long-term payables, current of the consolidated VIEs without recourse to AutoChina of nil and nil as of December 31, 2014 and 2013, respectively)	899	1,436
Accounts payable (including accounts payable of the consolidated VIEs without recourse to AutoChina of $384 and $93 as of December 31, 2014 and 2013, respectively)	5,692	10,130
Accounts payable, related parties (including accounts payable, related parties of the consolidated VIEs without recourse to AutoChina of $106,525 and $44,044 as of December 31, 2014 and 2013, respectively)	108,211	57,586
Other payables and accrued liabilities (including other payables and accrued liabilities of the consolidated VIEs without recourse to AutoChina of $13,206 and $10,323 as of December 31, 2014 and 2013, respectively)	20,121	17,146
Due to affiliates (including due to affiliates of the consolidated VIEs without recourse to AutoChina of $1,002 and $12,745 as of December 31, 2014 and 2013, respectively)	25,644	38,143
Customer deposits (including customer deposits of the consolidated VIEs without recourse to AutoChina of $460 and $319 as of December 31, 2014 and 2013, respectively)	4,912	1,680
Income tax payable (including income tax payable of the consolidated VIEs without recourse to AutoChina of $1,508 and $2,761 as of December 31, 2014 and 2013, respectively)	2,511	3,599
Total current liabilities	325,783	290,457
Noncurrent liabilities
Long-term borrowings (including long-term borrowings of the consolidated VIEs without recourse to AutoChina of nil and nil as of December 31, 2014 and 2013, respectively)	14,708	0
Long-term payables (including long-term payables of the consolidated VIEs without recourse to AutoChina of $9,102 and $8,955 as of December 31, 2014 and 2013, respectively)	9,102	9,857
Total liabilities	349,593	300,314
Commitment and Contingency
Stockholders' equity
Preferred shares, $0.001 par value authorized - 1,000,000 shares; issued - none	0	0
Ordinary shares - $0.001 par value authorized - 1,000,000,000 shares; issued and outstanding - 23,549,644 shares at December 31, 2014, respectively; and $0.001 par value authorized - 100,000,000 shares; issued and outstanding - 23,545,939 shares at December 31, 2013, respectively	24	24
Additional paid-in capital	328,884	327,631
Statutory reserves	26,222	22,947
Accumulated losses	-122,718	-129,609
Accumulated other comprehensive income	30,640	31,812
Total stockholders' equity	263,052	252,805
Total liabilities and stockholders' equity	$612,645	$553,119

CONSOLIDATED_BALANCE_SHEETS_Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) (USD $)	Dec. 31, 2014	Dec. 31, 2013
In Thousands, except Share data, unless otherwise specified
Allowance for Doubtful Accounts Receivable	$29,074	$20,891
Investment in direct financing and sales-type leases, provision for doubtful debts	22	389
Short-term Debt	155,342	160,737
Long-term Debt	2,451	0
Accounts Payable	5,692	10,130
Accounts Payable, Related Parties	108,211	57,586
Other Payables and Accrued Liabilities	20,121	17,146
Due to Affiliate	25,644	38,143
Customer Deposits	4,912	1,680
Taxes Payable	2,511	3,599
Long term payables	14,708	0
Preferred Stock, Par Value (in dollars per share)	$0.00	$0.00
Preferred Stock, Shares Authorized (in shares)	1,000,000	1,000,000
Preferred Stock, Shares Issued (in shares)	0	0
Common Stock, Par Value (in dollars per share)	$0.00	$0.00
Common Stock, Shares Authorized (in shares)	100,000,000	100,000,000
Common Stock, Shares, Issued (in shares)	23,549,644	23,545,939
Common Stock, Shares, Outstanding (in shares)	23,549,644	23,545,939
Variable Interest Entity
Short-term Debt	138,912	124,654
Long-term Debt	0	0
Accounts Payable	384	93
Accounts Payable, Related Parties	106,525	44,044
Other Payables and Accrued Liabilities	13,206	10,323
Due to Affiliate	1,002	12,745
Customer Deposits	460	319
Taxes Payable	1,508	2,761
Long term payables	$9,102	$8,955

CONSOLIDATED_STATEMENTS_OF_OPE

CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) (USD $)	12 Months Ended
In Thousands, except Share data, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Revenues
Commercial vehicles	$736,145	$593,912	$249,040
Finance	54,301	43,385	69,804
Insurance and other	18,065	20,330	14,268
Property lease and management	4,937	501	0
Total revenues	813,448	658,128	333,112
Cost of sales
Commercial vehicles	34,582	9,981	7,350
Commercial vehicles, related parties	686,847	569,807	234,781
Insurance and other	1,887	3,485	2,159
Property lease and management	2,532	1,360	0
Total cost of sales	725,848	584,633	244,290
Gross profit	87,600	73,495	88,822
Operating expenses (income)
Selling and marketing	10,718	10,262	10,126
General and administrative	46,598	49,927	41,951
Litigation expense	4,350	0	0
Interest expense	12,066	7,626	10,621
Interest expense, related parties	10,689	1,971	869
Other income, net	-12,361	-13,435	-7,101
Total operating expenses	72,060	56,351	56,466
Income from operations	15,540	17,144	32,356
Other income
Interest income	168	406	308
Total other income	168	406	308
Income before income taxes	15,708	17,550	32,664
Income tax provision	-5,542	-5,722	-9,115
Net income	10,166	11,828	23,549
Foreign currency translation adjustment	-1,172	8,842	402
Comprehensive income	$8,994	$20,670	$23,951
Earnings (loss) per share
Basic	$0.43	$0.50	$1
Diluted	$0.43	$0.50	$0.99
Weighted average shares outstanding
Basic	23,549,112	23,540,761	23,538,919
Diluted	23,840,644	23,806,194	23,762,378

CONSOLIDATED_STATEMENT_OF_CHAN

CONSOLIDATED STATEMENT OF CHANGES IN EQUITY (USD $)	Ordinary Shares	Additional Paid-In Capital	Statutory Reserves	(Accumulated Loss) Retained Earnings	Accumulated Other Comprehensive Income/Loss	Total Equity
In Thousands, except Share data, unless otherwise specified
Beginning Balance at Dec. 31, 2011	$24	$323,856	$16,997	($135,487)	$22,970	$228,360
Beginning Balance (in shares) at Dec. 31, 2011	23,538,919
Equity awards exercised (in shares)	7,020
Other comprehensive income:
Foreign currency translation adjustments					8,842	8,842
Stock-based compensation		3,775				3,775
Appropriations to statutory reserves			5,950	-5,950
Net income (loss)				11,828		11,828
Ending Balance at Dec. 31, 2012	24	327,631	22,947	-129,609	31,812	252,805
Ending Balance (in shares) at Dec. 31, 2012	23,545,939
Equity awards exercised (in shares)	3,705
Other comprehensive income:
Foreign currency translation adjustments					-1,172	-1,172
Stock-based compensation		1,253				1,253
Appropriations to statutory reserves			3,275	-3,275
Net income (loss)				10,166		10,166
Ending Balance at Dec. 31, 2013	$24	$328,884	$26,222	($122,718)	$30,640	$263,052
Ending Balance (in shares) at Dec. 31, 2013	23,549,644

CONSOLIDATED_STATEMENTS_OF_CAS

CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Cash flow from continuing operating activities:
Net income	$10,166	$11,828	$23,549
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Depreciation and amortization	3,926	3,289	1,902
Provision for bad debts	13,599	18,886	14,550
Deferred income taxes	-5,203	-11,681	-4,180
Stock-based compensation expenses	1,253	3,775	4,553
Changes in operating assets and liabilities, net of acquisitions and divestitures:
Restricted cash	251	-1,060	0
Accounts receivable	-13,348	-12,832	-22,331
Other financing receivable	-48,679	0	0
Other financing receivable, net, related parties	-779	0	0
Short term net investment in sales-type leases	-57,329	0	0
Long-term net investment in direct financing and sales-type leases	42,984	-145,392	209,063
Inventories	552	1,594	-4,176
Deposits for inventories, related party	0	0	14,515
Prepaid expense and other current assets	-302	-576	7,671
Accounts payable	902	874	15,922
Other payable and accrued liabilities	3,025	1,596	1,356
Customers deposits	3,372	-332	798
Income tax payable	-1,070	951	-254
Net cash (used in) provided by continuing operating activities	-46,680	-129,080	262,938
Cash flow from continuing investing activities:
Capital expenditure on construction in progress	0	0	-76,353
Purchase of property, equipment and leasehold improvements	-7,389	-8,892	-3,516
Decrease in due from an affiliate	0	0	7,891
Net cash (used in) investing activities	-7,389	-8,892	-71,978
Cash flow from continuing financing activities:
Proceeds from borrowings	244,176	201,761	102,036
Repayments of borrowings	-233,273	-136,515	-194,093
Proceeds from affiliates	68,151	22,224	137,052
Repayment to affiliates	-80,510	-50,672	-170,520
Increase in accounts payable, related parties	693,622	569,807	234,781
Repayment to accounts payable, related parties	-642,998	-515,438	-232,562
Dividend paid	0	0	-5,885
Capital distribution	0	0	-29,274
Net cash provided by (used in) financing activities	49,168	91,167	-158,465
Effect of exchange rate fluctuation on cash and cash equivalents	-442	2,398	234
Net (decrease) increase in cash and cash equivalents	-5,343	-44,407	32,729
Cash and cash equivalents, beginning of the year	31,370	75,777	43,048
Cash and cash equivalents, end of the year	26,027	31,370	75,777
Supplemental disclosure of cash flow information:
Interest paid	13,549	8,191	15,194
Income taxes paid	$11,818	$16,486	$13,544

NOTE_1_Organizational_and_Prin

NOTE 1. Organizational and Principle Activities	12 Months Ended
	Dec. 31, 2014
Organization, Consolidation and Presentation of Financial Statements [Abstract]
ORGANIZATION AND PRINCIPLE ACTIVITIES	AutoChina International Limited (the “Company” or “AutoChina”) is a holding company whose only business operations are conducted through its wholly owned subsidiary, AutoChina Group Inc. (“ACG”). ACG’s operations consist of 1) commercial vehicle sales, leasing and support business, 2) property lease and management business, 3) insurance agency, and 4) Internet-based business in the commercial vehicle industry. All the business is conducted in the People’s Republic of China (the “PRC” or “China”).
	Commercial vehicle sales, leasing and support business
	Through the Company’s wholly owned subsidiary, Hebei Chuanglian Finance Leasing Co., Ltd. (“Chuanglian”), the Company executed a series of contractual arrangements with Hebei Shijie Kaiyuan Logistics Co., Ltd. (“Kaiyuan Logistics”) and Shijie Kaiyuan Auto Trade Co., Ltd. (“Kaiyuan Auto Trade”) Hebei Xuhua Trading Co., Ltd. (“Xuhua Trading”) (collectively referred to as the “Auto Kaiyuan Companies”) and their shareholder (the “Enterprise Agreements”). Pursuant to the Enterprise Agreements, the Company had exclusive rights to obtain the economic benefits and assume the business risks of the Auto Kaiyuan Companies from their shareholder and generally had control of the Auto Kaiyuan Companies. The Auto Kaiyuan Companies were considered variable interest entities (“VIEs”) and the Company was the primary beneficiary.
	In January 2013, the Company agreed to amend the contractual arrangements with its VIEs, Kaiyuan Auto Trade and Kaiyuan Logistics and their shareholder, Hebei Kaiyuan (“Enterprise Agreements”). Under the amendment, Hebei Kaiyuan transferred its entire equity interests held in Kaiyuan Auto Trade (2%) and Kaiyuan Logistics (100%) to its parent company, Hebei Shengrong Investment Co., Ltd. (“Hebei Shengrong Investment”). Thereafter, Hebei Shengrong Investment became the shareholders of these two VIEs. The rights and obligations of the Company and the VIEs in the Enterprise Agreements remain unchanged. The amendment of the Enterprise Agreements does not have any financial impact to the Company’s financial positions and operating results.
	In May 2013 Kaiyuan Auto Trade Co., Ltd. (“Kaiyuan Auto Trade”) changed its name to Kaiyuan Auto Trade Group Co., Ltd. (“Kaiyuan Auto Trade Group”). In January 2014 Kaiyuan Auto Trade Group transferred its 100% ownership interest in Chuangjie Trading to Kaiyuan Logistics. In February 2014, the Company’s other wholly owned subsidiary, Ganglian Finance Leasing Co., Ltd (“Ganglian”) transferred its 20% ownership interest in Chuanglian to Hebei Xuwei Trading. The above restructuring does not have any financial impact to the Company’s financial positions and operating results.
	Through the Auto Kaiyuan Companies, the Company owns a store branch network in different regions of China to provide commercial vehicle sales and services which include leasing services, general support services, licensing and permit services, insurance services and registration services, to its lessee. As of December 31, 2014, the Company has 555 stores in 26 provinces or provincial-level regions.
	The Company leases commercial vehicles through its subsidiaries, Chuanglian and Ganglian (the “Lessor”), which purchased the commercial vehicles from Kaiyuan Auto Trade and Xuhua Trading, then leases the commercial vehicles to the customer lessees. The Lessor, the relevant local center and customer lessee enter into a Lease and Management Agreement governing each commercial vehicle purchase. Under the Lease and Management Agreements, the parties agree that: (1) the local center will hold title to the commercial vehicle for the benefit of the Lessor for the term of the lease and will provide services to the lessee including maintaining the vehicle legal records (registration, tax invoices, etc.), assisting the end user in performing annual inspections, renewing the vehicle’s license, purchasing insurance, and making insurance claims; (2) the lessee will be responsible for the costs associated with the lease of the truck and with the maintenance and administrative services contracted out by the local center; and (3) upon the completion of the lease and payment in full by the lessee of all fees, the local center transfers title to the vehicle to the lessee upon the lessee’s request.
	In March 2013, Ganglian entered into a mortgage financing arrangement with China CITIC Bank, Shijiazhuang, Hebei Province Branch (“CITIC Bank”), whereby CITIC Bank agreed to provide up to 50% of the mortgage financing to Ganglian Finance Leasing’s lessees of commercial vehicles. Ganglian agreed to provide a full guarantee to CITIC Bank for such mortgage financing and provided a pledge of the ownership of the commercial vehicle to CITIC Bank to secure its guarantees. As of December 31, 2014, the loan balance guaranteed by the Company amounted to $924.
	Insurance agency business
	In October 2011, the Company established an insurance agency company, Shijie Kaiyuan Insurance Agency Co., Ltd (“Kaiyuan Insurance”) to act as a direct insurance agent across China. The China Insurance Regulatory Commission has authorized Kaiyuan Insurance to act as a broker for all types of insurance, including commercial vehicle insurance. Kaiyuan Insurance commenced its insurance operations in December 2011.
	The Company launched its own insurance agency business in December 2011 and signed agreements with four major insurance companies in China to sell insurance: China United Property Insurance Company Limited, Sinosafe General Insurance Co. Ltd. (Hua An Insurance), Ping An Insurance (Group) Company of China, Ltd., and China Life Property and Casualty Insurance Company Limited. AutoChina’s 555 store locations are each licensed to sell insurance from these carrier partners.
	Property lease and management business
	On August 30, 2012, the Company’s independent directors approved, and the Company entered into, an equity transfer agreement through its wholly owned subsidiary, ACG, to purchase 100% of the equity of Heat Planet Holdings Limited (“Heat Planet”) and its subsidiaries, whose primary asset consists of 23 floors, or over 60,000 square meters, of newly constructed office space in the Kai Yuan Center building (the “Real Estate Asset”). Heat Planet was controlled by the Company’s Chairman and Chief Executive Officer, Mr. Yong Hui Li. The total transaction value of approximately RMB1 billion ($159.3 million) was negotiated and approved by the Company’s Audit Committee and equals the appraisal value that was determined by a third party appraisal of the Real Estate Asset. Located at 5 East Main Street in Shijiazhuang, where the Company is currently based, the 245-meter tall Kai Yuan Center is the tallest building in Shijiazhuang and Hebei Province and is also occupied by a Hilton Worldwide-operated, five-star hotel. The acquisition closed on September 11, 2012, and on October 12, 2012, the Company entered into a written consent with Heat Planet and its seller to modify the required timeframe to provide audited financial statements of Heat Planet to be delivered to the Company. The required audited financial statements of Heat Planet were delivered to the Company on December 26, 2012. The building was completed in April 2013, and AutoChina moved its headquarters to the new Kai Yuan Center, which serves as the control center for each of the Company’s 555 commercial vehicle financial centers located throughout China. The Company does not occupy the entire office space purchased, and has been leasing out the unoccupied space, the proceeds from which are reported as rental income.
	Heat Planet’s equity was purchased for approximately $56.4 million. In connection with the acquisition, the Company assumed approximately $102.9 million in debt, resulting in a total transaction value of approximately $159.3 million. The $56.4 million purchase price was payable within six months of occupation of the Real Estate Asset, and any unpaid amounts after such six months have begun to accrue interest at the one-year rate announced by the People’s Bank of China (5.60% as of December 31, 2014).
	In June 2013, the Company established a new wholly-owned subsidiary called Hebei Ruiliang Property Services.
	Internet-based business
	From February 2012 to October 2014, the Company through its VIEs, established a series of subsidiaries, including Beijing One Auto Technology, Lian Sheng Investment Co. (“Lian Sheng Investment”), Dian Fu Bao Investments Limited, Easy Technology Limited, Chuang Jin World Investment Limited (“Chuang Jin World”) and Hebei Remittance Guarantee Limited (“Hebei Remittance”). All of these subsidiaries were established to facilitate the Internet-based operations including a new peer-to-peer lending platform called K-Lend, an electronic payments platform for the transportation industry called K-Pay, and the peer stores business – providing financing to third-party owned stores that lease commercial vehicles.
	In November 2013 and February 2014, the Company established two wholly-owned subsidiaries called Top Auto International Inc. (“Top Auto”) and First Auto Limited (“First Auto”), which are expected to eventually hold the Company’s Internet-based businesses.
	K-Lend, launched at the end of 2014, is a proprietary peer-to-peer (“P2P”) lending platform, through which the Company offers small and medium sized businesses (“SMBs”) short-term, 6-month financing at competitive interest rates. These loans are funded through K-Lend investors, who can invest in notes through the K-Lend platform. Due to regulatory restrictions under PRC law, the SMBs assign certain individuals to apply for the loans through the platform by signing a borrowing agreement and service agreement, which state that the ownership of the debt may be transferred to K-Lend investors at the Company's will during the six-month loan period and that the interest is established at approximately 8.5% per annum. The loan is guaranteed by the SMBs and 10% of the loan is remitted to the Company as a loan deposit.
	The debt is transferred, partly or in full, to K-Lend investors through a transfer agreement at a quoted rate of return of approximately 8.5% per annum and the lending period is also six months.
	No clauses in the transfer agreement require the Company to repurchase any default loans. However, the Company voluntarily commits to assist the investors to eliminate their investment risks, and retain the principal and the stated interest.
	K-Pay is an electronic payments platform that operates on the Company’s proprietary closed-loop network. Having features similar to a credit card, K-Pay is free for users to use as long as any outstanding balances are paid in full each month. The Company charges transaction fees to merchants in the network.
	The peer store commercial vehicle business is similar to the Company’s normal commercial vehicle sales and other support business, except that the leasing period is within 1 year and with a higher portion of down payment.

NOTE_2_BASIS_OF_PRESENTATION_A

NOTE 2. BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	12 Months Ended
	Dec. 31, 2014
Accounting Policies [Abstract]
BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	Financial Statement Preparation and Presentation
	The accompanying consolidated financial statements have been prepared by the Company pursuant to the rules and regulations of the Securities and Exchange Commission (the “SEC”) and generally accepted accounting principles in the United States (“U.S. GAAP”). The acquisition of Heat Planet was accounted for as a merger under common control, using merger accounting as if the merger had been consummated at the beginning of the earliest period presented, and no gain or loss is recognized. All the assets and liabilities of Heat Planet and its subsidiaries are recorded at carrying value. The cash consideration in excess of carrying value of net assets of Heat Planet’s subsidiary was deemed a capital distribution to Mr. Li and a deduction to additional paid in capital was recorded upon consummation of acquisition.
	Principles of Consolidation
	The consolidated financial statements include the financial statements of the Company, its subsidiaries and VIEs.  All significant inter- company balances and transactions have been eliminated in consolidation.
	Use of Estimates
	The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities as of the date of the financial statements and the reported amounts of revenues and expenses during the periods presented. The most significant estimates and related assumptions include the assessment of the provision for doubtful accounts, the assessment of the impairment of tangible long-lived assets, the assessment of the valuation allowance on deferred tax assets and the assessment of the fair value of the commercial vehicles is used in determining revenue recognition by reference to the retail market price. Actual results could differ from these estimates.
	Currency Reporting
	The Company uses U.S. dollars (“USD”) as its functional currency. The Company’s operations in China and Hong Kong use the local currencies - Renminbi (“RMB”) and Hong Kong dollar (“HKD”) as its functional currencies whereas amounts reported in the accompanying consolidated financial statements and disclosures are stated in U.S. dollars, the reporting currency of the Company, unless stated otherwise. As such, the consolidated balance sheets of the Company have been translated into USD at the current rates listed by the People’s Bank of China as of December 31, 2014 and 2013 and the consolidated statements of income and comprehensive income for the years ended December 31, 2014, 2013 and 2012 have been translated into USD at the average rates during the periods the transactions were recognized. The resulting translation adjustments are recorded as other comprehensive income in the consolidated statement of income and comprehensive income. The following are the exchange rates used by the Company as of December 31, 2014, 2013 and 2012 and for the years ended December 31, 2014, 2013 and 2012.
		31-Dec-14	31-Dec-13	31-Dec-12
	Exchange rates as of the date specified for	6.1190:1 RMB to USD	6.0969:1 RMB to USD	6.2855:1 RMB to USD
	the year ended on the date specified	7.7567:1 HKD to USD	7.7546:1 HKD to USD	7.7522:1 HKD to USD
	Average exchange rates for the years ended	6.1443:1 RMB to USD	6.1983:1 RMB to USD	6.3114:1 RMB to USD
		7.7556:1 HKD to USD	7.7573:1 HKD to USD	7.7575:1 HKD to USD
	Cash and Cash Equivalents
	For purposes of the consolidated statements of cash flows, cash equivalents include all highly liquid debt instruments with original maturities of three months or less which are not securing any corporate obligations. As of December 31, 2014 and 2013, the majority of cash, including restricted cash, was in RMB on deposit in PRC financial institutions under the Company’s PRC VIEs and subsidiaries, which the management believes are of high credit quality. Cash remittance in or out of the PRC are subject to the PRC foreign exchange control regulations pursuant to which PRC government approval is required for the Company to receive funds from or distribute funds outside the PRC.
	Restricted Cash
	As of December 31, 2014 and 2013, the restricted cash was $988 and $1,244, respectively, which was a guarantee deposits required by China Insurance Regulatory Commission (“CIRC”) in order to protect insurance premium appropriation by insurance agency and security deposits under the CITIC mortgage financing arrangement.
	Long-Term Net Investment in Direct Financing and Sales-Type Leases
	Long-term net investment in direct financing and sales-type leases are stated at the amount the Company expects to collect from its commercial vehicle leasing customers (individuals) and represent commercial vehicle leases that the Company originates directly through its own store network. These leases have an average length of 26 months and are secured by the commercial vehicle with GPS device tracing.
	Short-term Net Investment in Sales-Type Leases and Other Financing Receivables
	Both short-term net investment in sales-type leases and other financing receivables represent financing provided to the peer stores, which are guaranteed by their legal representative, and are stated at the amount the Company expects to collect.
	Short-term net investment in sales-type leases is for commercial vehicle leases provided to peer stores, with terms within 1 year.
	Other financing receivables represent 1) financing provided to peer stores for the insurance and taxes related to the purchase of a new commercial vehicle, usually with a term of ten months; 2) financing provided to registrant customers on the K-Pay platform, usually with a term of 30 days; 3) loans provided to SMBs with a 6 month term. Since the Company launched the K-Lend business, loan receivables were transferred, partly or in full, to K-Lend investors at the Company’s will. The transfer of financial assets originating from the K-Lend platform to investors does not meet the criteria of a sale of financial assets because the Company believes it still has continuing involvement and maintains effective control of the financial assets. Accordingly, the proceeds received from the investors under the financing agreement are accounted for as secured borrowings.
	The Company evaluates the collectability of such receivables based on a combination of factors, including customer credit-worthiness, aging, and historical collection experience. Management reviews such receivables and adjusts the allowance based on the aging of the receivables. The allowance for different agings is evaluated and determined based on historical experience and current market conditions and is evaluated on a quarterly basis or more often as necessary.
	Accounts Receivable
	Accounts receivable represents the following: i) the amount the Company expects to collect from the value added services, such as the tires, fuel and insurance financing services with the term of one to three months. ii) commissions the Company expects to collect from insurance institutions for referring its customers to buy auto insurance; iii) the reclassified past due monthly installments from long-term net investment in direct financing and sales-type leases, and short-term net investment in sales-type leases.
	Provision for doubtful accounts
	The Company maintains allowances for doubtful accounts for estimated losses resulting from the inability of its customers to make required payments.
	The Company evaluates, on an individual basis, the collectability of its long-term net investment in direct financing and sales-type leases based on a combination of factors, including customer credit-worthiness, residual value of the commercial vehicles under lease and historical collection experience. Management reviews the receivable and adjusts the allowance based on historical experience, financial condition of the customer and other relevant current economic factors. The allowances were deducted from accounts receivable on an individual basis, and the portion in excess of accounts receivable were then deducted from the long-term net investment in direct financing and sales-type leases.
	For short-term net investment in sales-type leases and other financing receivables arising from transactions with peer stores, the Company provides a general provision based on 1.5% of the ending balances. Certain various percentages of allowance are further provided when the monthly installments default, according to the aging of such defaults. Such allowances are deducted from accounts receivable, short-term net investment in sales-type leases and other financing receivables, respectively.
	Concentration of Credit Risk
	Financial instruments that potentially subject the Company to concentration of credit risk consist principally of accounts receivable, investment in direct financing and sales-type leases and other financing receivables. Credit risk concentration with respect to accounts receivables and, investments in leases and other financing receivables is reduced because a large number of diverse customers over a wide geographic area make up the Company’s customer base.
	Inventories
	Inventories are stated at the lower of cost or market. The Company uses the specific identification method to value commercial vehicles and the first-in, first-out method (“FIFO”) to account for parts inventories.  A reserve of specific inventory units and parts inventories is maintained where the cost exceeds the estimated net realizable value.
	Property, Equipment, Leasehold Improvements
	Property and equipment are recorded at cost and depreciated using the straight-line method over their estimated useful lives. All depreciation is included in operating expenses on the accompanying consolidated statements of income and comprehensive income). Leasehold improvements are capitalized and amortized over the lesser of the life of the lease or the useful life of the related asset.
	The estimated useful lives of property, equipment and leasehold improvements are as follows:
		Useful life
	Buildings	40 years
	Equipment	5 - 10 years
	Furniture and fixtures	5 - 10 years
	Company automobiles	3 - 5 years
	Leasehold improvements	Shorter of the remaining lease terms and estimated useful lives
	Expenditures for major additions or improvements that extend the useful lives of assets are capitalized. Minor replacements, maintenance and repairs that do not improve or extend the lives of such assets are expensed as incurred.
	The Company reviews its long-lived assets for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may no longer be recoverable. When these events occur, the Company assesses the recoverability of the long-lived assets by comparing the carrying value of the long-lived assets to the estimated undiscounted future cash flows expected to result from the use of the assets and their eventual disposition where the fair value is lower than the carrying value, measurement of an impairment loss is recognized in the statements of operations and comprehensive income (loss) for the difference between the fair value, using the expected future discounted cash flows, and the carrying value of the assets. No impairment of long-lived assets was recognized for the periods presented.
	Fair Value of Financial Instruments
	Financial instruments consist primarily of cash and cash equivalents, restricted cash, accounts receivable, prepaid expenses, other financing receivables, short-term net investment in sales-type leases, current maturity of net investment in direct financing and sales-type leases, accounts payable, due to affiliates, short-term borrowings, other payables and accrued liabilities, customer deposits and long-term borrowings. The carrying amounts of the short-term financial instruments at December 31, 2014 and 2013 approximated their fair values because of their short maturities or existence of variable interest rates, which reflect current market rates. For long-term financial instruments, the carrying amount approximates its fair value since the interest rates applied to determine the carrying armount is close to the market interest rates for similar types of long-term instruments. When available, the Company measures the fair value of financial instruments based on quoted market prices in active markets, valuation techniques that use observable market-based inputs or unobservable inputs that are corroborated by market data. Pricing information that the Company obtains from third parties is internally validated for reasonableness prior to use in the consolidated financial statements. When observable market prices are not readily available, the Company generally estimates fair value using valuation techniques that rely on alternate market data or inputs that are generally less readily observable from objective sources and are estimated based on pertinent information available at the time of the applicable reporting periods. In certain cases, fair values are not subject to precise quantification or verification and may fluctuate as economic and market factors vary and the Company’s evaluation of those factors changes. Although the Company uses its best judgment in estimating the fair value of these financial instruments, there are inherent limitations in any estimation technique. In these cases, a minor change in an assumption could result in a significant change in its estimate of fair value, thereby increasing or decreasing the amounts of the Company’s consolidated assets, liabilities, equity and net income or loss.
	A financial instrument’s categorization within the fair value hierarchy is based upon the lowest level of input that is significant to the fair value measurement. Three levels of inputs are used to measure fair value:
	Level 1 applies to assets or liabilities for which there are quoted prices in active markets for identical assets or liabilities.
	Level 2 applies to assets or liabilities for which there are inputs other than quoted prices included within Level 1 that are observable for the asset or liability such as quoted prices for similar assets or liabilities in active markets; quoted prices for identical assets or liabilities in markets with insufficient volume or infrequent transactions (less active markets); or model-derived valuations in which significant inputs are observable or can be derived principally from, or corroborated by, observable market data.
	Level 3 applies to assets or liabilities for which there are unobservable inputs to the valuation methodology that are significant to the measurement of the fair value of the assets or liabilities.
	Mortgage Financing Arrangement
	Under the mortgage financing arrangement with CITIC Bank, which began in March 2013, the Company’s customers obtain mortgage financing from CITIC while the Company provides a guarantee. The Company enters into a lease contract directly with the customer and also enters into a contractual obligation to repay the mortgage financing on behalf of the customer. The CITIC mortgage financing has a 24-month term and as a result the Company recognizes a long-term liability for amounts borrowed under the CITIC mortgage financing arrangement. Since January 2014, the Company does not anticipate further utilizing the mortgage financing arrangement in the future.
	Comprehensive Income (Loss)
	U.S. GAAP generally requires that recognized revenue, expenses, gains and losses be included in net income or loss. Although certain changes in assets and liabilities are reported as separate components of the equity section of the consolidated balance sheet, such items, along with net income, are components of comprehensive income or loss. The components of other comprehensive income or loss consist solely of foreign currency translation adjustments.
	Commitments and Contingencies
	In the normal course of business, the Company is subject to contingencies, including legal proceedings and claims arising out of the business that relate to a wide range of matters, including among others, product liability and guarantees provided to CITIC Bank for the mortgage financing arrangement. The Company recognizes a liability for such contingency if it determines it is probable that a loss has occurred and a reasonable estimate of the loss can be made. The Company may consider many factors in making these assessments including historical and the specific facts and circumstances of each matter.
	Revenue Recognition
	Commercial vehicles
	The Company recognizes its long-term commercial vehicle lease financing arrangement, as well as the short-term commercial vehicle leases under the peer stores business and mortgage financing arrangement with China CITIC Bank, as sales-type leases.  For new commercial vehicles financed by the Company, the Company recognizes revenue when the following conditions are met: (a) when the lease contract is signed, (b) when the customer has taken possession of the vehicle, and (c) if the collectability of owed amounts are reasonably assured. The Company recognizes revenue using the fair value of the commercial vehicles by reference to the retail market price of the vehicles. The Company also records the sale of the GPS tracking unit sold to the lessee upon the transfer of the title and delivery of the product. These sales revenues are recorded as “Commercial Vehicles”.
	Finance
	The Company recognizes its second-hand vehicle lease financing arrangement as a direct financing lease because it does not give rise to dealer’s profit or loss to the Company. Under the second-hand vehicle lease financing program, the Company holds the title of the used vehicle and then transfers title to the customer at the end of the lease term. The excess of aggregate lease rentals over the acquisition cost of leased second-hand vehicle constitutes unearned lease income to be taken into income over the lease term by using the effective interest method.
	A membership fee is charged to all lessees for the privilege of utilizing the Company’s store branch network for certain services, which include general support services, licensing and permit services, insurance services and registration services. The membership fee is charged and collected by the Company when a direct financing and sales-type lease is signed. The Company records the amount as a deduction of minimum lease payment receivable. Revenue from our membership fee is deferred and recognized ratably over the term of the direct financing and sales-type lease. The difference between the gross investment in the lease (and the fair value of the commercial vehicles) is recorded as unearned income and amortized based on the effective interest rate method over the lease term. Management servicing fees are recognized when services are rendered.
	With respect to the value added services (tires, fuel, insurance financing services), the Company provides one to three months of revolving credit facilities to eligible customers, from which tires, fuel and insurance services that is charged and collected at the beginning of the financing period is deferred and recognized ratably based on the effective interest rate method over the term of the financing period.
For financing provided to peer stores for the insurance and taxes related to the purchase of a new commercial vehicle, the Company charges peer stores an up-front service fee which is collected at the beginning of the financing period and is deferred and recognized ratably based on the effective interest rate method over the term of the financing period.
The Company recognizes interest income on K-Lend loans based on the effective interest rate method over the term of the financing period.
Interest from direct financing and sales-type leases, the membership fee amortization, management servicing fee, interest from value added services, service fee for the financing of the insurance and taxes under the peer stores business and interest on K-Lend loans are recorded as “Finance”.
Recognition of income is suspended and a lease/receivable is placed on non-accrual status when management determines that collection of future income is not probable. Accrual is resumed, and previously suspended income is recognized, when the lease/receivable becomes contractually current and/or collection doubts are removed. Cash receipts on impaired leases/receivable are recorded against the net investment/receivable and then to any unrecognized income.
Insurance and other
The Company also receives commissions from insurance institutions for referring its customers to buy auto insurance. Insurance commission and agency income is recorded when the insurance contract is signed and the insurance premium is paid to the insurance company. The insurance commission and agency fee is recorded as “Insurance and other.”
Penalty income generated from the lessees and K-Pay users for late payment is recognized when the payment is overdue and the collectability is reasonably assured. This income is recorded as “Insurance and other”.
K-Pay merchants are charged transaction fees, which are recorded as “Insurance and other” when incurred.
Property lease and management
Minimum contractual rental income related to office leases are recognized on a straight-line basis over the terms of the respective leases. Straight-line rental revenue commences when the customer assumes control of the leased premises. In accordance with the Company's standard lease terms, rental payments are generally due on a monthly basis. Deferred rent receivable represents the cumulative difference between rental revenue as recorded on a straight-line basis and rents received from the tenants. As of December 31, 2014, about USD 1.2 million deferred rent receivable was recorded. Tenant recovery revenue includes payments from tenants as reimbursements for management fees and utilities, etc, which are recognized when the related expenses are incurred. Rental from office lease and tenant recovery revenue together were recorded as “Property lease and management.”
Cost of Sales
Cost of sales from commercial vehicles consists of the purchase price of the leased vehicle plus the direct labor and other costs of the operations.
Cost of sales from Insurance and other consists of insurance commissions plus the direct labor and other costs of the operations.
Cost of sales for property lease and management consists of renovation costs, depreciation for the leased out portion of the Kai Yuan Center, real estate taxes and salaries for customer service and maintenance personnel.
Advertising
The Company expenses advertising costs as incurred. Advertising expenses totaled approximately $141, $107 and $21 for the years ended December 31, 2014, 2013 and 2012, respectively, and are included in selling and marketing expense in the accompanying consolidated statements of operation.
Value added Tax and Business Tax
In the PRC, value added tax (the “VAT”) of 17% on invoice amount is collected in respect of the sales of goods on behalf of tax authorities. The VAT collected is not revenue of the Company; instead, the amount is recorded as a liability on the balance sheet until such VAT is paid to the authorities.
The Company’s PRC subsidiaries are also subject to business tax of 5% for their revenues from membership fee, interest from sales-type leases, management servicing fee, commission fee and revenues from tires, fuel and insurance financing services, which are recognized after net off business tax. The office leasing segment is also subject to business tax of 5% on rental income.
Income Taxes
Income taxes are accounted for using an asset and liability method.  Under this method, deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets, including tax loss and credit carry forwards, and liabilities are measured using enacted tax rates in the applicable tax jurisdiction expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in the period that includes the enactment date. Deferred income tax expense represents the change during the period in the deferred tax assets and deferred tax liabilities. The components of the deferred tax assets and liabilities are individually classified as current and non-current based on their expected period of realization. Realization of the deferred tax asset is dependent on generating sufficient taxable income in future years.
The Company recognizes interest on non-payment of income taxes under requirement by tax law and penalties associated with tax positions when a tax position does not meet the minimum statutory threshold to avoid payment of penalties. According to the PRC Tax Administration and Collection Law, the statute of limitations is three years if the underpayment of taxes is due to computational errors made by the taxpayer or the withholding agent. The statute of limitations is extended to five years under special circumstances, where the underpayment of taxes is more than RMB 100,000. In the case of transfer pricing issues, the statute of limitation is ten years. There is no statute of limitation in the case of tax evasion. The tax returns of the Company’s PRC VIEs and subsidiaries are subject to examination by the relevant tax authorities. The Company did not have any material interest or penalties associated with tax positions and did not have any significant unrecognized uncertain tax positions as of December 31, 2014 and 2013, respectively.
The Company’s Chinese subsidiaries are subject to taxation in the PRC. The PRC income tax returns are generally not subject to examination by the tax authorities for tax years before 2009. With a few exceptions, the tax years 2009 -2014 remain open to examination by tax authorities in the PRC. The tax years 2011 - 2014 for US entities remains open to examination by tax authorities in the US.
Segment Reporting
Operating segments are defined as components of an enterprise about which separate financial information is available that is evaluated regularly by the chief executive officer, in deciding how to allocate resources and assessing performance. All of the Company’s sales are generated in the PRC and substantially all of the Company’s assets are located in the PRC. The Company’s operations consist of two reporting and operating segments, the commercial vehicle sales, servicing, leasing and support business, and office leasing business.
Earnings Per Share
The Company computes earnings per share (“EPS”) in accordance with generally accepted accounting principles. Companies with complex capital structures are to present basic and diluted EPS. Basic EPS is measured as the income available to ordinary shareholders divided by the weighted average ordinary shares outstanding for the period. For basic EPS, the weighted average number of shares outstanding for the period includes contingently issuable shares (i.e., shares issuable for little or no cash consideration upon the satisfaction of the conditions of a contingent stock agreement) as of the date that all necessary conditions have been met. Diluted EPS is similar to basic EPS but presents the dilutive effect on a per share basis of potential ordinary shares (e.g., convertible securities, options and warrants) as if they had been converted at the beginning of the periods presented, or issuance date, if later. Potential ordinary shares that have an anti-dilutive effect (i.e., those that increase income per share or decrease loss per share) are excluded from the calculation of diluted EPS.
Basic and diluted earnings per share for each of the periods presented are calculated as follows:
				Year ended
				December 31,
				2014		2013
Net income				$	10,166	$	11,828
Weighted average number of common shares outstanding – Basic					23,549,112		23,540,761
Stock options					291,532		265,433
Weighted average number of common shares outstanding – Diluted					23,840,644		23,806,194
Earnings per share
Basic				$	0.43	$	0.5
Diluted				$	0.43	$	0.5
Share-Based Payments
The Company records all share-based payments, including grants of employee stock options to employees, in the financial statements based on their fair values on grant date and amortizes to expense on straight-line basis over the vesting period. The Company used the Black-Scholes option-pricing model to estimate the fair value of the options at the date of grant. On August 6, 2012, the Company’s board of directors determined to amend certain Share Option Award Agreements entered into pursuant to the Incentive Plan to reduce the exercise price per share thereunder to the current fair market value of the Company’s ordinary shares. The Company used the binomial model to estimate the fair value of repriced options as the Company has reassessed the exercise pattern and determined that going forward a Binomial Pricing model is a better model for estimating the fair values of options.
Recently Issued Accounting Pronouncements
Management does not believe that any recently issued, but not yet effective, accounting standards or pronouncements, if currently adopted, would have a material effect on the Company’s consolidated financial statements.

NOTE_3_ACCOUNTS_RECEIVABLE

NOTE 3. ACCOUNTS RECEIVABLE	12 Months Ended
	Dec. 31, 2014
Receivables [Abstract]
ACCOUNTS RECEIVABLE	Summaries of accounts receivable are as follows:
		December 31,
		2014			2013
	Long-term net investment in direct financing and sales-type leases	$	53,858		$	44,062
	Short-term net investment in sales-type leases		381			—
	Receivable from value-added services		1,912			2,700
	Receivable from insurance commissions		1,838			2,060
	Less: Allowance for doubtful accounts		(29,074	)		(20,891	)
	Total	$	28,915		$	27,931
	Long-term net investment in direct financing and sales-type leases and short-term net investment in sales-type leases included into the accounts receivable represents the monthly payments that are overdue and delinquent.

NOTE_4_INVENTORIES

NOTE 4. INVENTORIES	12 Months Ended
	Dec. 31, 2014
Inventory Disclosure [Abstract]
INVENTORIES	Summaries of inventories are as follows:
		December 31,
		2014		2013
	Commercial vehicles	$	4,399	$	4,716
	Parts and accessories		347		603
	Total	$	4,746	$	5,319

NOTE_5_PREPAID_EXPENSES_AND_OT

NOTE 5. PREPAID EXPENSES AND OTHER CURRENT ASSETS	12 Months Ended
	Dec. 31, 2014
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
PREPAID EXPENSES AND OTHER CURRENT ASSETS	A summary of prepaid expenses and other current assets is as follows:
		December 31,
		2014		2013
	Deposits for inventories		—		26
	Temporary advances to employees		302		166
	Prepaid rent		1,217		1,534
	Prepaid other taxes		701		252
	Prepaid fuel charges		17		30
	Prepaid insurance		1,190		1,485
	Other current assets		2,093		1,768
	Total	$	5,520	$	5,261
	Prepaid insurance mainly includes the amount prepaid by the Company on behalf of the customers for its insurance agency business. Other current assets mainly include short-term advances made to third parties, such as to petrol companies and to customers for insurance claims.

NOTE_6_OTHER_FINANCING_RECEIVA

NOTE 6. OTHER FINANCING RECEIVABLES	12 Months Ended
	Dec. 31, 2014
Note 6. Other Financing Receivables
OTHER FINANCING RECEIVABLES	The following lists the components of other financing receivables:
			December 31,			December 31,
			2014			2013
	Minimum financing payments receivable		$	50,175		$	—
	Less: Allowance for doubtful accounts			(374	)		—
	Net minimum financing payments receivable			49,801			—
	Less: unearned interest income			(1,295	)		—
	Other financing receivables		$	48,506		$	—
	Other financing receivables arise from:
		·	The financing for the insurance and taxes related to the purchase of a new commercial vehicle as part of the peer stores business, for which the Company enters into monthly installment arrangements with its customers for approximately 10 months;
		·	Loans made from the K-Lend P2P platform, for which the Company enters into a six-month lending agreement with a customer with principal and interest payable in full at maturity;
		·	Outstanding receivables from K-Pay users, which are due and payable in full on a monthly basis.
	For commercial vehicles purchased through peer stores, the majority shareholder or the legal representative of the peer store provides a full guarantee to the Company and also the peer store provides a pledge of the ownership of the commercial vehicle to the Company to secure the installment payments. As of December 31, 2014 and December 31, 2013, the aggregate effective interest rate on the financing for insurance and taxes related to the purchase of a new commercial vehicle through peer stores is approximately 12.84% and nil per annum, respectively. As of December 31, 2014 the interest rate charged for K-Lend loans was 8.5% per annum. For K-Pay receivables, the user must pass through an application process and provide guarantees and collateral such as a commercial vehicle, security deposit or real estate.

NOTE_7_SHORTTERM_NET_INVESTMEN

NOTE 7. SHORT-TERM NET INVESTMENT IN SALES-TYPE LEASES	12 Months Ended
	Dec. 31, 2014
Note 7. Short-term Net Investment In Sales-type Leases
SHORT-TERM NET INVESTMENT IN SALES-TYPE LEASES	The following lists the components of the short-term net investment in sales-type leases:
		December 31,			December 31,
		2014			2013
	Minimum lease payments receivable	$	58,976		$	—
	Less: Allowance for doubtful accounts		(590	)		—
	Net minimum lease payments receivable		58,386			—
	Less: unearned interest income		(1,411	)		—
	Short-term net investment in sales-type leases	$	56,975		$	—
	Short-term net investment in sales-type leases arises when the Company provides financing to the peer stores for the purchase of commercial vehicles, for which the Company enters into monthly installment arrangements with the peer store for 12 months. As of December 31, 2014 and December 31, 2013, the aggregate effective interest rate on short-term net investment in sales-type leases is approximately 5.71% and nil per annum, respectively.

NOTE_8_LONGTERM_NET_INVESTMENT

NOTE 8. LONG-TERM NET INVESTMENT IN DIRECT FINANCING AND SALES-TYPE LEASES	12 Months Ended
	Dec. 31, 2014
Leases [Abstract]
LONG-TERM NET INVESTMENT IN DIRECT FINANCING AND SALES-TYPE LEASES	The following lists the components of the long-term net investment in direct financing and sales-type leases:
		December 31,
		2014			2013
	Minimum lease payments receivable	$	373,054		$	428,314
	Less:  Allowance for doubtful accounts		(22	)		(389	)
	Net minimum lease payments receivable		373,032			427,925
	Less: unearned interest income		(27,879	)		(37,826	)
	Net investment in direct financing and sales-type leases		345,153			390,099
	Less: Current maturities of net investment in direct financing and sales-type leases		(285,983	)		(261,684	)
	Net investment in direct financing and sales-type leases, net of current maturities	$	59,170		$	128,415
	Long-term net investment in direct financing and sales-type leases arises from the sale of commercial vehicles, for which the Company enters into monthly installment arrangements with its customers for approximately 2 years. The legal titles of the commercial vehicles are transferred to the customer when all the outstanding lease payments are fully settled. There is no unguaranteed residual value at the end of the lease upon the transfer of the lease. As of December 31, 2014 and 2013, the aggregate effective interest rate on direct financing and sales-type leases is approximately 12.71% and 13.84% per annum, respectively.
	At December 31, 2014, future minimum lease payments are as follows:
		Years Ending December 31,
		2015			2016			2017		Total
	Net minimum lease payments receivable	$	311,186		$	61,824		$	22	$	373,032
	Less: unearned interest income		(25,203	)		(2,676	)		—		(27,879	)
	Net investment in direct financing and sales-type leases	$	285,983		$	59,148		$	22	$	345,153

NOTE_9_PROPERTY_EQUIPMENT_AND_

NOTE 9. PROPERTY, EQUIPMENT AND LEASEHOLD IMPROVEMENTS, NET	12 Months Ended
	Dec. 31, 2014
Property, Plant and Equipment [Abstract]
PROPERTY, EQUIPMENT AND LEASEHOLD IMPROVEMENTS, NET	Summaries of property, equipment and leasehold improvements are as follows:
		December 31,
		2014			2013
	Buildings and leasehold improvements	$	75,658		$	74,855
	Furniture and fixtures		7,556			6,912
	Equipment		6,215			6,238
	Company automobiles		1,619			1,721
	Total		91,048			89,726
	Less: accumulated depreciation and amortization		(10,896	)		(7,472	)
	Property, equipment and leasehold improvements, net	$	80,152		$	82,254
	Depreciation and amortization expense for the operations was approximately $3,926, $3,289 and $1,902 for the years ended December 31, 2014, 2013 and 2012, respectively.
	The following schedule provides an analysis of AutoChina’s investment in property on operating leases and property held for lease by major classes as of December 31, 2014.
		December 31,			December 31,
		2014			2013
	Buildings and leasehold improvements	$	62,983		$	62,250
	Equipment		5,269			5,289
	Total		68,252			67,539
	Less: Accumulated depreciation		(3,270	)		(1,263	)
	Total	$	64,982		$	66,276

NOTE_10_OTHER_PAYABLES_AND_ACC

NOTE 10. OTHER PAYABLES AND ACCRUED LIABILITIES	12 Months Ended
	Dec. 31, 2014
Payables and Accruals [Abstract]
OTHER PAYABLES AND ACCRUED LIABILITIES	Other payables and accrued liabilities consist of the followings:
		December 31,
		2014		2013
	Accrued expenses	$	2,564	$	2,139
	Business and other tax payables		6,666		7,108
	Salary payable		2,017		2,715
	Temporary receipt of insurance premium		126		149
	Temporary receipt of insurance claims		1,362		1,326
	Deposits received		4,331		2,220
	Interest payable		498		356
	Other current liabilities		2,557		1,133
	Total	$	20,121	$	17,146
	Deposits received represented security deposits received from staff and customer deposits. Temporary receipt of insurance premium represents the premium collected from customers but not yet paid to the insurance company. Temporary receipt of insurance claims represents the insurance claims received but not yet released to the relevant customers. Other current liabilities mainly include the unpaid expenses reimbursement due to staff, withholding taxes collected from customers for the value-added services.

NOTE_11_THIRD_PARTY_BORROWINGS

NOTE 11. THIRD PARTY BORROWINGS	12 Months Ended
	Dec. 31, 2014
Debt Disclosure [Abstract]
THIRD PARTY BORROWINGS	Short-term borrowings
	Summaries of short-term borrowings are as follows:
		Weighted-average interest rate											December 31,
		2014			2013				Maturities				2014				2013
	Short-term bank loans		7.07	%		6.5	%			June 2015 to November 2015			$	155,342			$	160,737
	Total		7.07	%		6.5	%						$	155,342			$	160,737
	Short-term bank loans represent loans from local banks that were used for working capital and capital expenditures purposes. The loans bore interest at rates at the range of 6.60% to 7.80% as of December 31, 2014, are denominated in RMB and have terms within one year. The weighted average short-term bank loans for the years ended December 31, 2014 and 2013 was $166,371 and $118,217, respectively. The loans are secured by collateral pledges of certain assets including property, equipment and leasehold improvements, net investment in direct financing and sales-type leases arises and accounts receivables of the Company.
	Long-term borrowings, current portion
	Summaries of long-term borrowings are as follows:
		Weighted-average interest rate									December 31,
		2014					Maturity				2014				2013
	Long-term bank loans, current portion		6.77%					February 2015 to August 2015			$	2,451				—
	Total		6.77%								$	2,451				—
	Long-term bank loans, current portion represent the amount due within one year subsequent to the balance sheet date that was used for working capital purposes. The loan bears a weighted average interest at 6.77% as of December 31, 2014, is denominated in RMB. The loan is secured by a collateral pledge of property of the Company.
	Long-term borrowings
	Summaries of long-term borrowings are as follows:
		Weighted-average interest rate									December 31,
		2014					Maturity				2014				2013
	Long-term bank loans		6.77%					Aug-16			$	14,708				—
	Total		6.77%								$	14,708				—
	Long-term bank loans represent a loan from a local bank that was used for working capital purposes. The loan bears interest at 6.77% as of December 31, 2014, is denominated in RMB and will mature in August 2016. The loan is secured by a collateral pledge of property of the Company.
	The total carrying amount of property, equipment and leasehold improvements that have been pledged as collateral to secure financing from commercial banks is $43,321 and $20,392 as of December 31, 2014 and 2013 respectively. The total carrying amount of net investment in direct financing and sales-type lease receivables that have been pledged as collateral to secure financing from commercial banks is $330,873 and $341,480 as of December 31, 2014 and 2013 respectively. The total carrying amount of accounts receivable that have been pledged as collateral to secure financing from commercial banks is $9,358 and $6,598 as of December 31, 2014 and 2013 respectively.

12_LONGTERM_PAYABLES

12. LONG-TERM PAYABLES	12 Months Ended
	Dec. 31, 2014
Debt Disclosure [Abstract]
LONG-TERM PAYABLES	Long-term payables represent security deposits from customers and amounts due under the mortgage financing arrangement with CITIC Bank.
		December 31,
		2014			2013
	Security deposits from customers	$	9,102		$	8,955
	Amounts due under mortgage financing arrangement, net of current portion		—			902
	Net long-term payables	$	9,102		$	9,857
	Security deposits are required from customers as a condition of leasing a commercial vehicle. The security deposit is returned to the customer after the successful conclusion of the lease. The standard length of our leases is 26 months. At December 31, 2014, future security deposits due to be returned to customers assuming successful conclusions of the related leases are as follows:
		Years Ending December 31,
		2015			2016			2017			Total
	Security deposits from customers	$	4,237		$	4,861		$	4		$	9,102
	Long-term payables from the mortgage financing arrangement consist of the following:
		December 31,
		2014			2013
	Total amounts due under mortgage financing arrangement	$	924		$	2,498
	Less: Unrealized interest expense		(25	)		(160	)
	Net amounts due under mortgage financing arrangement	$	899		$	2,338
	Amounts due under mortgage financing arrangement, current		(899	)		(1,436	)
	Amounts due under mortgage financing arrangement, non-current	$	—		$	902
	Under the mortgage financing arrangement with CITIC Bank, the Company’s customers obtain mortgage financing from CITIC while the Company provides a guarantee. The Company enters into a lease contract directly with the customer and also enters into a contractual obligation to repay the mortgage financing on behalf of the customer. The CITIC mortgage financing has a 24-month term and as a result the Company recognizes a long-term liability for amounts borrowed under the CITIC mortgage financing arrangement.
	The loans bore interest at rates in the range of 7.73% to 8.59% as of December 31, 2014, are denominated in RMB and have terms maturing within two years.
	At December 31, 2014, future amounts due under the mortgage financing arrangement are as follows:
		Years Ending December 31,
		2015			2016			Total
	Amounts due under mortgage financing arrangement	$	924		$	—		$	924
	Less: Unrealized interest expense		(25	)		—			(25	)
	Total amounts due under mortgage financing arrangement	$	899		$	—		$	899

NOTE_13_INCOME_TAXES

NOTE 13. INCOME TAXES	12 Months Ended
	Dec. 31, 2014
Income Tax Disclosure [Abstract]
INCOME TAXES	Cayman Islands:  Under the current tax laws of the Cayman Islands, the Company and its subsidiaries are not subject to tax on their income or capital gains.
	Hong Kong:  The Company’s subsidiary in Hong Kong did not have assessable profits that were derived from Hong Kong during the years ended December 31, 2014, 2013 and 2012. Therefore, no Hong Kong profit tax has been provided for in the periods presented.
	China:    The foreign invested enterprises and domestic companies are generally subject to enterprise income tax at a uniform rate of 25%.
	Summaries of the income tax provision (benefit) in the consolidated statements of income and comprehensive income are as follows:
		Years Ended December 31,
		2014			2013			2012
	Current	$	10,731		$	17,533		$	13,296
	Deferred		(5,189	)		(11,811	)		(4,181	)
	Total	$	5,542		$	5,722		$	9,115
	The tax effects of temporary differences representing deferred income tax assets / liabilities result principally from the following:
		December 31,
		2014			2013
	Current
	Deferred income tax assets:
	Provision for doubtful accounts	$	7,531		$	5,334
	Accrued liabilities		1,604			907
	Tax loss carry forward		1,470			715
	Other temporary differences		455			598
	Deferred income tax assets – current		11,060			7,554
	Deferred income tax liabilities – current
	Unearned income		(2,309	)		(2,039	)
	Net deferred income tax assets – current	$	8,751		$	5,515
	Non-current
	Deferred income tax assets:
	Accrued liabilities	$	1,773		$	1,789
	Tax loss carry forward		4,411			2,145
	Others		—			192
	Deferred income tax assets – non-current		6,184			4,126
	Deferred income tax liabilities:
	Unearned income		(104	)		—
	Deferred income tax assets – non-current	$	6,080		$	4,126
	As of December 31, 2014 and 2013, deferred income tax assets and deferred income tax liabilities are derived from accrued liabilities, unearned income, tax loss carried forward, provision for doubtful accounts and other temporary differences arising from the same tax jurisdictions in China. Therefore, the respective deferred income tax assets and liabilities were net off for presentation.
	At December 31, 2014, the Company had $23,528 of deductible tax loss carry forwards that expire through December 31, 2018.
	The difference between the effective income tax rate and the expected statutory rate on income (loss) from operations was as follows:
		December 31,
		2014			2013			2012
	Statutory rate		25	%		25	%		25	%
	Non-deductible expenses		11.7	%		7.2	%		4.9	%
	Non-taxable income		(2.2	)%		(2.0	)%		(1.1	)%
	Effect of rate differences in various tax jurisdictions and others		(0.5	)%		2.4	%		(0.9	)%
	Effective tax rate		34	%		32.6	%		27.9	%
	The guidance on accounting for uncertainties in income taxes prescribes a more likely than not threshold for financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. Guidance was also provided on derecognition of income tax assets and liabilities, classification of current and deferred income tax assets and liabilities, accounting for interest and penalties associated with tax positions, accounting for income taxes in interim periods, and income tax disclosures. Non-deductible expenses are mainly related to the $4,350 civil penalty to the SEC, and legal fees related to the SEC lawsuit (see Note 17). Significant judgment is required in evaluating the Group’s uncertain tax positions and determining its provision for income taxes. The Company did not have any significant interest and penalties associated with uncertain tax positions for the years ended December 31, 2014, 2013 and 2012. As of December 31, 2014 and 2013, the Company did not have any significant unrecognized uncertain tax positions.
	PRC Withholding Tax on Dividends
	The current PRC Enterprise Income Tax Law imposes a 10% withholding income tax for dividends distributed by foreign invested enterprises to their immediate holding companies outside the PRC. A lower withholding tax rate will be applied if there is a tax treaty arrangement between the PRC and the jurisdiction of the foreign holding company. Distributions to holding companies in Hong Kong that satisfy certain requirements specified by PRC tax authorities, for example, will be subject to a 5% withholding tax rate.
	As of December 31, 2014, the Company had not recorded any withholding tax on the retained earnings of its foreign invested enterprises in the PRC, since the Company intends to reinvest its earnings to further expand its business in mainland China, and its foreign invested enterprises do not intend to declare dividends to their immediate foreign holding companies.

NOTE_14_STOCKBASED_COMPENSATIO

NOTE 14. STOCK-BASED COMPENSATION	12 Months Ended
	Dec. 31, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
STOCK-BASED COMPENSATION	On April 9, 2009, the AutoChina International Limited 2009 Equity Incentive Plan (the “Incentive Plan”) was approved by the shareholders of the Company. Under the terms of the Incentive Plan, 1,675,000 ordinary shares are reserved for issuance. All directors, employees and consultants of AutoChina and its affiliates are eligible to be granted awards under the Incentive Plan.
	On September 3, 2009, December 3, 2009, May 19, 2010, August 19, 2010 and March 23, 2011, the Company granted 681,840, 520,944, 27,024, 364,080 and 72,000 stock options, respectively, under the terms of the Incentive Plan. The exercise price of each option is $9.50, $25.65, $23.80, $27.19 and $36.38, respectively, which represents the closing price of the Company’s ordinary shares on the date of grant. The total vesting period for the options is four years, with 25% of the options vesting one year after the date of grant and the remaining 75% vesting ratably each month for three years thereafter. The options have a total term of 10 years. The Company will issue new shares to the holders of stock options upon exercise of the options.
	On August 6, 2012, the Company’s board of directors determined to amend certain Share Option Award Agreements entered into pursuant to the Incentive Plan to reduce the exercise price per share thereunder to the current fair market value of the Company’s ordinary shares, which was $14.50 per share. The amendment affected 984,048 shares of stock options granted during the prior periods. The reduction in the exercise price of the stock options increased the fair value of share-based expense by $1,281 in the year ended December 31, 2012. The Company’s amendment also increased the unrecognized compensation expenses by $575 which will increase the general and administrative expenses and additional paid-in capital throughout the remaining vesting period of the respective stock options.
	During the years ended December 31, 2014, 2013 and 2012, 1,320, 16,003 and 63,075 stock options have been forfeited, respectively, as a result of the resignation of the grantees. As of December 31, 2014, 29,250 options had been exercised. The Company recorded compensation expense of $1,253, $3,775 and $4,553 for the years ended December 31, 2014, 2013 and 2012, respectively, based on the estimated fair value of the options on the date of grant. The per share fair value of the stock options granted has been estimated using the Black-Scholes option-pricing model with the following assumptions:
	Date of Grant		September 3,			December 3,			May 19,			August 19,			March 23,
			2009			2009			2010			2010			2011
	Dividend yield (1)			None			None			None			None			None
	Risk - free interest rate (2)			2.95	%		2.87	%		2.82	%		2.06	%		2.73	%
	Volatility (3)			47	%		42	%		43	%		46	%		60	%
	Expected Life (in years) (4)			6.08			6.08			6.08			6.08			6.08
		-1	The Company has no expectation of paying regular cash dividends on its ordinary shares.
		-2	The risk-free interest rate is based on the U.S. Treasury yield for a term consistent with the expected term of the awards in effect at the time of grant.
		-3	The Company estimates the volatility of its ordinary shares at the date of grant based on the implied volatility of publicly traded options on the ordinary shares of companies within the same industry, with a term of two years.
		-4	The expected life of stock options granted under the Incentive Plan is based on expected exercise patterns, which the Company believes are representative of future behavior.
	The Company used the binomial model to estimate the fair value of the modified options to reflect the amendment of the exercise prices of 984,048 shares of stock options previously granted in August 2012, using the following assumptions
	Date of Grant		December 3,			May 19,			August 19,			March 23,
			2009			2010			2010			2011
	Dividend yield (1)			None			None			None			None
	Risk - free interest rate (2)			1.08	%		1.17	%		1.23	%		1.3	%
	Volatility (3)			40	%		40	%		40	%		40	%
	Expected Life (in years) (4)			7.3			7.8			8			8.6
		-1	The Company has no expectation of paying regular cash dividends on its common stock.
		-2	The risk-free interest rate is based on the U.S. Treasury yield for a term consistent with the expected term of the awards in effect at the time of grant.
		-3	The Company estimates the volatility of its common stock at the date of grant based on the implied volatility of publicly traded options on the common stock of companies within the same industry.
		-4	The expected life of stock options granted under the incentive plan is based on expected exercise patterns, which the Company believes are representative of future behavior.
	The following table summarizes outstanding options as at December 31, 2014, related weighted average fair value and life information:
			Options Outstanding									Options Exercisable
	Range of		Number			Weighted			Weighted			Number			Weighted
	Exercise Price		Outstanding at			Average Fair			Average			Exercisable at			Average
	Per Share		December 31,			Value			Remaining Life			December 31,			Exercise Price
			2014						(Years)			2014
	$9.50 to $14.50			1,514,056		$	4.77			5.05			1,509,556		$	12.36
	A summary of option activity under the employee share option plan as of December 31, 2014, 2013 and 2012, and changes during the three years then ended is presented as follows:
	Options		Number			Weighted			Weighted			Aggregate
			of Shares			Average Exercise			Average			Intrinsic
						Price			Remaining Life			Value
									(Years)
	Outstanding at December 31, 2011			1,623,704			19.67			8.04		$	7,841
	Forfeited			(63,075	)		13.66
	Outstanding at December 31, 2012			1,560,629			12.35			7.04		$	13,501
	Exercised			(29,250	)		9.5
	Forfeited			(16,003	)		12.25
	Outstanding at December 31, 2013			1,515,376			12.37			6.05		$	11,563
	Forfeited			(1,320	)		14.5
	Outstanding at December 31, 2014			1,514,056			12.37			5.05		$	11,560
	A summary of unvested options under the employee share option plan as of December 31, 2014, and changes during the year then ended is presented as follows:
	Options		Number			Weighted Average
			of Shares			Fair Value
	Unvested at January 1, 2014			81,902		$	5.46
	Vested			(76,082	)		5.41
	Forfeited or exercised			(1,320	)		4.1
	Unvested at December 31, 2014			4,500		$	6.59
	Expected to vest thereafter			4,500		$	6.59
	As of December 31, 2014, 1,509,556 of the share options are vested and exercisable and a total of $36,000 of compensation expense pertaining to options remains unrecognized. This amount will be recognized as compensation expense ratably over the remaining vesting period. The weighted average remaining vesting period of the options is 0.08 years.

NOTE_15_DIVIDEND_PAYMENT

NOTE 15. DIVIDEND PAYMENT	12 Months Ended
	Dec. 31, 2014
Equity [Abstract]
DIVIDEND PAYMENT RESTRICTIONS	Pursuant to the relevant accounting principles and financial regulations applicable to companies established in the PRC, a certain percentage of the after-tax net income is restricted and required to be allocated to a general statutory reserve until the balance of the fund has reached 50% of the registered capital of the applicable companies. The statutory reserve fund can be used to increase the registered capital and eliminate future losses of companies, but it cannot be distributed to shareholders except in the event of a solvent liquidation of the companies.
	In addition, a substantial part of the Company’s businesses and assets are denominated in RMB, which is not freely convertible into foreign currencies. All foreign exchange transactions take place either through the People’s Bank of China or other banks authorized to buy and sell foreign currencies at the exchange rates quoted by the People’s Bank of China. Approval of foreign currency payments by the People’s Bank of China or other regulatory institutions requires submitting a payment application form together with suppliers’ invoices, shipping documents and signed contracts. These requirements imposed by the PRC government authorities may restrict the ability of the Company’s subsidiaries and VIEs to transfer its net assets to the Company through loans, advances or cash dividends, which consisted of paid-up capital, additional paid in capital and statutory reserves and amounted to approximately $258.3 million as of December 31, 2014, exceeding 25% of the Company’s consolidated net assets. Accordingly, condensed parent company financial statements have been prepared in accordance with Rule 5-04 and Rule 12-04 of SEC Regulation S-X, and set out in Note 22.

16_FUTURE_MINIMUM_RENTAL_INCOM

16. FUTURE MINIMUM RENTAL INCOME UNDER OPERATING LEASES	12 Months Ended
	Dec. 31, 2014
Leases [Abstract]
FUTURE MINIMUM RENTAL INCOME UNDER OPERATING LEASES	AutoChina’s operations include the leasing of commercial property at the Kai Yuan Center. The leases thereon expire at various dates through 2016. The following is a schedule of minimum future rents on non-cancelable operating leases at December 31, 2014.
	Year Ending December 31,	Future Minimum Rentals
	2015		8,822
	2016		6,483
	2017		2,253
	Later years		—
	Total	$	17,558
	There are no contingent rentals as of December 31, 2014.

NOTE_17_COMMITMENTS_AND_CONTIN

NOTE 17. COMMITMENTS AND CONTINGENCIES	12 Months Ended
	Dec. 31, 2014
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES	Lease Commitments
	The Company leases certain facilities under long-term, non-cancelable leases and monthly leases. These leases are accounted for as operating leases. Rent expense for operations amounted to $2,998, $3,257and $2,921 for the years ended December 31, 2014, 2013 and 2012, respectively.
	Future minimum payments for operations under long-term, non-cancelable leases as of December 31, 2014, are as follows:
	Year Ending December 31,	Future Minimum
		Payments
	2015	$	617
	2016		576
	2017		169
	2018		35
	2019		—
	After 2019		—
	Total	$	1,397
	Legal Proceedings
	Prior to January 6, 2012, the staff of the SEC had been conducting a non-public investigation relating to the Company and, in this regard, the Company and its officers received subpoenas for information. On January 6, 2012, the Company announced that it received a Wells Notice from the staff of the SEC, which the Company responded to. The Company cooperated with the SEC regarding this matter, including voluntarily providing information beyond that formally requested by the SEC staff. On April 11, 2012, the SEC filed a lawsuit against the Company and 11 of its shareholders for stock manipulation, alleging that the Company deliberately manipulated trading in its shares to create the appearance of a liquid and active market. In June 2014 the Company reached a final agreement with the SEC to settle the lawsuit. The agreement has been entered into by the Company on a “no admit or deny” basis, and the Company is not required to restate its financial statements for any reporting period. The settlement has been approved and entered by the federal court and the matter is now fully concluded. The Company agreed to and paid a $4,350 civil penalty. Hui Kai Yan, the Company’s director and secretary at the time the lawsuit was filed, also a defendant in the lawsuit, agreed to and paid a $150 civil penalty and agreed to no longer being an officer or director of a public company.
	In the opinion of management, there are no other material claims assessments or litigation pending against the Company.
	Guarantee
	In March 2013, Ganglian Finance Leasing entered into a mortgage financing arrangement with CITIC Bank, whereby CITIC Bank agreed to provide up to 50% of the mortgage financing to Ganglian Finance Leasing’s lessees of commercial vehicles. Ganglian Finance Leasing agreed to provide a full guarantee to CITIC Bank for such mortgage financing and provided a pledge of the ownership of the commercial vehicle to CITIC Bank to secure its guarantees. As of December 31, 2014, the loan balance guaranteed by the Company amounted to $924, which was the maximum potential further payment the Company would be obligated to make, in the event that the customer is unable to make the repayment due. Should the Company be required to pay any portion of the loan, it would attempt to recover some or the entire amount from the customer and disposal of pledged commercial vehicles. The Company believes that the possibility of loss is remote.

NOTE_18_PROFIT_APPROPRIATION

NOTE 18. PROFIT APPROPRIATION	12 Months Ended
	Dec. 31, 2014
Notes to Financial Statements
PROFIT APPROPRIATION	The Company’s China-based subsidiaries and VIEs are required to make appropriations to certain non-distributable reserve funds.
	In accordance with the Chinese Company Laws, some of the Company’s PRC subsidiaries and VIEs have to make appropriations from their after-tax-profit under the Generally Accepted Accounting Principles in the PRC (“PRC GAAP”) to non-distributable reserve funds, including a statutory surplus fund and a discretionary surplus fund. Each year, at least 10% of the after-tax-profit under PRC GAAP is required to be set aside as statutory surplus fund until such appropriations for the fund equal 50% of the paid-in capital of the applicable company. The appropriation for the discretionary surplus fund is at the Company’s discretion as determined by the Board of Directors of each company.
	Upon certain regulatory approvals and subject to certain limitations, the general reserve fund and the statutory surplus fund can be used to offset prior year losses, if any, and can be converted into paid-in capital of the applicable company, but it cannot be distributed to shareholders except in the event of a solvent liquidation of the company.
	For the year ended December 31, 2014, 2013 and 2012, appropriations for the general reserve funds and statutory surplus funds totaled $3,275, $5,950 and $3,981, respectively.

NOTE_19_SEGMENT_REPORTING

NOTE 19. SEGMENT REPORTING	12 Months Ended
	Dec. 31, 2014
Segment Reporting [Abstract]
SEGMENT REPORTING	The Company measures segment income as income from operations less depreciation and amortization.  The reportable segments are components of the Company, which offer different products or services and are separately managed, with separate financial information available that is separately evaluated regularly by the Company’s Chief Executive Officer in determining the performance of the business. Income tax expenses are not allocated to the segments.
	Upon consummation of the merger of Heat Planet and the Company, the Company operated two segments: commercial vehicle sales, servicing, leasing and support segment and office leasing segment.
	Year ended December 31, 2014
	(in thousands)
		Commercial			Office Leasing			Total
		Vehicles
	Segment Revenues	$	808,511		$	4,937		$	813,448
	Cost of Sales	$	723,316		$	2,532		$	725,848
	Gross Profit	$	85,195		$	2,405		$	87,600
	Selling and marketing	$	10,383		$	335		$	10,718
	General and administrative	$	44,366		$	2,232		$	46,598
	Litigation expense	$	4,350		$	—		$	4,350
	Interest expense	$	22,627		$	128		$	22,755
	Other (income), net	$	(12,314	)	$	(47	)	$	(12,361	)
	Income (loss) from operations	$	15,783		$	(243	)	$	15,540
	Interest income	$	(164	)	$	(4	)	$	(168	)
	Depreciation and amortization	$	1,919		$	2,007		$	3,926
	Segment Income (loss) before taxes	$	15,947		$	(239	)	$	15,708
	Year ended December 31, 2013
	(in thousands)
		Commercial			Office Leasing			Total
		Vehicles
	Segment Revenues	$	657,627		$	501		$	658,128
	Cost of Sales	$	583,273		$	1,360		$	584,633
	Gross Profit	$	74,354		$	(859	)	$	73,495
	Selling and marketing	$	10,056		$	206		$	10,262
	General and administrative	$	48,763		$	1,164		$	49,927
	Interest expense	$	9,597		$	—		$	9,597
	Other (income), net	$	(13,435	)	$	—		$	(13,435	)
	Income (loss) from operations	$	19,373		$	(2,229	)	$	17,144
	Interest income	$	(404	)	$	(2	)	$	(406	)
	Depreciation and amortization	$	2,046		$	1,243		$	3,289
	Segment Income (loss) before taxes	$	19,775		$	(2,225	)	$	17,550
	The assets of the office leasing segment as of December 31, 2014 and December 31, 2013 amounted to $93,406 and $78,658, respectively. The remaining balances of assets as of December 31, 2014 and December 31, 2013 are $519,239 and $474,461, respectively, which are related to the commercial vehicle sales, servicing, leasing and support segment.

NOTE_20_RELATED_PARTY_BALANCES

NOTE 20. RELATED PARTY BALANCES AND TRANSACTIONS	12 Months Ended
	Dec. 31, 2014
Related Party Transactions [Abstract]
RELATED PARTY BALANCES AND TRANSACTIONS	Prepaid expenses, related party:
	During the periods presented, the Company has paid the interest to Xinji Beiguo Mall in advance in order to facilitate a faster payment speed.
	The outstanding amounts of prepaid expense, related party as of December 31, 2014 and 2013 were as follows:
						December 31,
			Note			2014				2013
	Xinji Beiguo Mall			-1			50				—
	Total					$	50			$	—
	Note:
		-1	Entity in which Mr. Li is the indirect beneficial owner of approximately 20.92%.
	Other financing receivables, net, related party:
	During the periods presented, the Company has provided the loans to Yuanshi County Natural Gas Sales Company. The balance is expected to mature before June, 2015.
	The outstanding amounts of other financing receivable, net, related party as of December 31, 2014 and 2013 were as follows:
						December 31,
			Note			2014				2013
	Yuanshi County Natural Gas Sales Company			-1			782				—
	Total					$	782			$	—
	Note:
		-1	Entity controlled by Mr. Li’s brother.
	Due to affiliates:
	During the periods presented, the Company has borrowed from the Company’s Chairman and Chief Executive Officer, Mr. Yong Hui Li (“Mr. Li”), Honest Best and companies affiliated with Mr. Li. Each of these loans was entered into to satisfy the Company’s short-term capital needs.
	The amount due to Alliance Rich represented a portion of the consideration paid in the acquisition of Heat Planet. The amount was payable within six months of occupation of the Kai Yuan Center by the Company, which was completed in April 2013 and delivery of the audited financial statements for the five months ended May 31, 2012 of Heat Planet, which were delivered in December 2012. In October 2013, the unpaid amount began to accrue interest at the one-year rate announced by the People’s Bank of China (5.60% as of December 31, 2014). As of December 31, 2014 approximately $3.9 million is still owed to Alliance Rich for the acquisition of Heat Planet.
	In September 2011, Hebei Kaiyuan began charging interest at 8.00% per annum, and amounts owed continue to be unsecured and due on demand by the lender.
	Hebei Ruijie Hotel Management Company charges interest at 5.60% per annum on amounts owed to it.
	The amount due to Mr. Li and Smart Success Investment Limited (“Smart Success”) were non-interest bearing, unsecured and due on demand by the lenders.
	The amount due to Yuanshi County Natural Gas Sales Company represents security deposits withheld when Yuanshi purchased notes through the P2P financing platform.
	The outstanding amounts due to related parties as of December 31, 2014 and 2013 were as follows:
						December 31,
			Notes			2014				2013
	Mr. Li					$	144			$	144
	Alliance Rich			-1			3,917				32,560
	Hebei Kaiyuan			-1			5,807				5,430
	Smart Success			-1			9				9
	Hebei Ruijie Hotel Management Company			-1			15,690				—
	Yuanshi County Natural Gas Sales Company			-2			77				—
	Total					$	25,644			$	38,143
	Notes:
		-1	Entity controlled by Mr. Li.
		-2	Entity controlled by Mr. Li’s brother.
	Accounts payable, related parties:
	During the periods presented, the Company purchased commercial vehicles from Ruituo, a company controlled by Mr. Li’s brother. The amount due to Ruituo is unsecured and due on demand by Ruituo. In October 2011, Ruituo began charging to the Company interest at approximately 8.00% per annum, based on the weighted average outstanding payable balances at month end.
	In December 2013, the Company began obtaining short-term trade financing to purchase commercial vehicles from Beiguo Auto and Xinji Beiguo Mall, companies affiliated with Mr. Li. Mr. Li holds 20.92% of indirect beneficial ownership in both Beiguo Auto and Xinji Beiguo Mall. The Company pays a financing charge of approximately 9% per annum to Beiguo Auto and Xinji Beiguo Mall for the funds obtained due to this financing arrangement. The financing arrangement is personally guaranteed by Mr. Li, who has a long term business relationship with Beiguo, on behalf of the Company. In addition, the payable balances of each loan are unsecured and due in 180 days.
	The outstanding amounts of accounts payable, related parties as of December 31, 2014 and 2013 were as follows:
						December 31,
			Notes			2014				2013
	Ruituo			-1		$	66,633			$	45,024
	Beiguo Auto			-2			16,978				3,116
	Xinji Beiguo Mall			-2			24,600				9,446
							108,211				57,586
	Notes:
		-1	Entity controlled by Mr. Li’s brother.
		-2	Entity in which Mr. Li is the indirect beneficial owner of approximately 20.92%
	Related Parties Transactions
	During the periods presented, the details of the related party transactions were as follows:
			Notes					Years Ended December 31,
								2014				2013		2012
	Capital nature:
	Hebei Kaiyuan			(1	)	(a)			—				20,973		64,962
	Hebei Kaiyuan			(1	)	(c)			50,616				19,562		75,771
	Hebei Ruijie Hotel Management Co. Ltd			(1	)	(a)			24,413				24,200		—
	Hebei Ruijie Hotel Management Co. Ltd			(1	)	(c)			15,461				—		2,905
	Kaiyuan Shengrong			(1	)	(b)			—				10,487		10,299
	Kaiyuan Shengrong			(1	)	(c)			—				—		15,881
	Kaiyuan Shengrong			(1	)	(d)			—				10,487		3,169
	Beijing Wantong Longxin Auto Trading Co., Ltd. (“Beijing Wantong”)			(2	)	(c)			—				2,662		42,495
Ruituo			(3	)	(a)			48,826				24,200		—
Mr. Li			(4	)	(a)			—				69,374		—
Alliance Rich			(1	)	(f)			939				339		—
Hebei Ruijie Hotel Management Company			(1	)	(h)			73				—		—
Operating nature:
Honest Best			(1	)	(f)			—				—		58
Hebei Kaiyuan			(1	)	(f)			858				329		86
Kaiyuan Shengrong			(1	)	(f)			—				325		341
Ruituo			(3	)	(e)			549,195				557,614		234,781
Ruituo			(3	)	(f)			2,446				896		384
Beiguo Auto			(5	)	(e)			39,361				3,025		—
Beiguo Auto			(5	)	(f)			1,685				21		—
Xinji Beiguo Mall			(5	)	(e)			105,066				9,168		—
Xinji Beiguo Mall			(5	)	(f)			4,634				61		—
Hebei Ruijie Hotel Management Company			(1	)	(g)			949				—		—
Hebei Ruijie Hotel Management Company			(1	)	(f)			128				—		—
Yuanshi County Natural Gas Sales Company			(3	)	(i)			857				—		—
Yuanshi County Natural Gas Sales Company			(3	)	(m)			2,074				—		—
Yuanshi County Natural Gas Sales Company			(3	)	(j)			23				—		—
Yuanshi County Natural Gas Sales Company			(3	)	(k)			190				—		—
Yuanshi County Natural Gas Sales Company			(3	)	(l)			3				—		—
Notes :
	-1	Entity controlled by Mr. Li.
	-2	Entity which Mr. Li’s brother holds 40% equity interest.
	-3	Entity controlled by Mr. Li’s brother.
	-4	The Chairman and Chief Executive Officer of AutoChina.
	-5	Entity in which Mr. Li is the indirect beneficial owner of approximately 20.92%
Nature of transaction :
	(a)	Bank loan guarantee provided to the bank by the affiliates.
	(b)	Bank loan guarantee provided by the Company to the affiliate.
	(c)	Loan provided to the Company during the year.
	(d)	Receivables of the Company pledged to guarantee the bank loans borne by the affiliate.
	(e)	Sale of automobiles to the Company, including VAT, during the year.
	(f)	Interest incurred by the Company during the year.
	(g)	Conference fees.
	(h)	Construction fees.
	(i)	K-Lend loans and security deposits.
	(j)	K-Lend interest revenue.
	(k)	K-Pay funds used.
	(l)	K-Pay revenue.
	(m)	Sale of automobiles by the Company, including VAT, during the year.
For financing purposes, the Company had purchase concentration of commercial vehicles from Ruituo, which accounted for 76.1%, 96.2% and 97.0% of total purchases for the years ended December 31, 2014, 2013 and 2012, respectively. The accounts payable from Ruituo accounted for 58.5%, 66.5% and 12.0% of total accounts payable as of December 31, 2014, 2013 and 2012, respectively. Management believes that the risk of material adverse effects on the Company’s business operations and profitability due to the concentration is remote.
The Company occupied office space in Shijiazhuang, China provided by Hebei Kaiyuan, an affiliate with Mr. Li. Hebei Kaiyuan agreed to provide the office space free of charge and no rental costs were incurred by the Company until April 2013, when the Company moved into the new property acquired.

NOTE_21_VARIABLE_INTEREST_ENTI

NOTE 21. VARIABLE INTEREST ENTITIES	12 Months Ended
	Dec. 31, 2014
Notes to Financial Statements
VARIABLE INTEREST ENTITIES	On November 26, 2008, through the Company’s wholly owned subsidiary, Chuanglian, the Company executed a series of contractual arrangements with the Auto Kaiyuan Companies and their shareholder, as the Enterprise Agreements. Pursuant to the Enterprise Agreements, the Company had exclusive rights to obtain the economic benefits and assume the business risks of the Auto Kaiyuan Companies from their shareholder, and generally had control of the Auto Kaiyuan Companies. The Auto Kaiyuan Companies were considered VIEs and the Company was the primary beneficiary. The Company’s relationships with the Auto Kaiyuan Companies and their shareholder were governed by the Enterprise Agreements between Chuanglian and each of the Auto Kaiyuan Companies, which were the operating companies (the “Operating Companies”) of the Company in the PRC.
	In January 2013, the Company has further amended the Enterprise Agreements with Kaiyuan Auto Trade and Kaiyuan Logistics and their shareholder, Hebei Kaiyuan. Under the amendment, Hebei Kaiyuan transferred its entire equity interests held in Kaiyuan Auto Trade (2%) and Kaiyuan Logistics (100%) to its parent company, Hebei Shengrong Investment. Thereafter, Hebei Shengrong Investment became the shareholder of these two VIEs. The rights and obligations of the Company and the VIEs in the Enterprise Agreements remain unchanged.
	Details of the Enterprise Agreements are as follows:
	Assignment of Voting Rights
	The shareholder of the Auto Kaiyuan Companies irrevocably agreed to assign all of its voting rights to the Company for all business resolutions. As a result, the Company has direct control of the Board of Directors and has authority to appoint the majority of the Board of Directors which makes it the primary controlling shareholder of the Auto Kaiyuan Companies.
	Management and Operating Agreement
	The Company is engaged to exclusively manage and operate the sales and service of the Operating Companies held by the Auto Kaiyuan Companies, including the development of sales and marketing strategy, management of customer services, daily operations, financial management, employment issues and all other related operating and consulting services. Furthermore, the Auto Kaiyuan Companies agree that without the prior consent of the Company, the Auto Kaiyuan Companies will not engage in any transactions that could materially affect their respective assets, liabilities, rights or operations, including, without limitation, incurrence or assumption of any indebtedness, sale or purchase of any assets or rights, incurrence of any encumbrance on any of their assets or intellectual property rights in favor of a third party or transfer of any agreements relating to their business operation to any third party. The management and operating agreement was entered on November 26, 2008 and amended on December 14, 2009 , has a term of 10 years and will be extended for another 10 years automatically unless the Company files a written notice at least 3 months prior to the expiration of this agreement.
	Equity Interest Transfer Agreement
	The shareholder of the Auto Kaiyuan Companies agreed to transfer all of its assets to the Company and the Company has an exclusive, irrevocable and unconditional right to purchase, or cause the Company’s designated party to purchase, from such shareholder, at the Company’s sole discretion, part or all of the shareholders’ equity interests in the Auto Kaiyuan Companies when and, to the extent that, applicable PRC Laws permit the Company to own part or all of such equity interests in the Auto Kaiyuan Companies. According to the Exclusive Equity Interest Transfer Agreement, the purchase price to be paid by the Company to the shareholder of the Auto Kaiyuan Companies will be the minimum amount of consideration permitted by applicable PRC Law at the time when such share transfer occurs.
	Equity Pledge Agreement
	Pursuant to the Equity Pledge Agreement, the Auto Kaiyuan Companies and their shareholder agreed to pledge all of its equity interest and operating profits to guarantee the performance of the Auto Kaiyuan Companies in the obligation under the Equity Interest Transfer Agreement. In the event of the breach of any conditions of the Equity Interest Transfer Agreement, the Company is entitled to enforce its pledge rights over the equity interests of the Auto Kaiyuan Companies for any losses suffered from the breach.
	The FASB issued guidance requiring companies to provide enhanced disclosures about an enterprise’s involvement in a VIE. This guidance also requires an enterprise to qualitatively assess the determination of the primary beneficiary of a VIE. As part of its qualitative assessment the Company has evaluated the following:
		The sufficiency of AutoChina’s equity investments at risk to permit the Operating Companies to finance their activities without additional subordinated financial support;
		That as a group, the holders of the equity investments at risk have:
		The power through voting rights or similar rights to direct activities that most significantly impact the Operating Companies’ economic performance,
		The obligation to absorb the expected losses of the Operating Companies and such obligations are not protected directly or indirectly, and
		The right to receive the expected residual return of the Operating Companies and such rights are not capped; and
		The voting rights of the investors are not proportional to either their obligations to absorb the expected losses of the Operating Companies, their rights to receive the expected returns of the Operating Companies, or both, and that substantially all of the Operating Companies activities do not involve or are not conducted on behalf of an investor that has disproportionately few voting rights.
	Since the management contract generally represents a significant service arrangement for the Operating Companies and the associated management fees represent a significant amount of the entity’s cash flow as compared to the overall cash flow of the Operating Companies (generally 50% or more including incentives), the Management Companies’ have what is considered a variable interest in the Operating Companies. This variable interest thereby qualifies AutoChina’s Operating Companies as VIEs.
	If an investment is determined to be a VIE, the Company then performs an analysis to determine if the Company is the primary beneficiary of the VIE. U.S. GAAP requires a VIE to be consolidated by its primary beneficiary. The primary beneficiary is the party that has a controlling financial interest in an entity. In order for a party to have a controlling financial interest in an entity it must have:
		The power to direct the activities of a VIE that most significantly impact the entity’s economic performance (“power criterion”), and
		The obligation to absorb losses of an entity that could potentially be significant to the VIE or the right to receive benefits from the entity that could potentially be significant to the VIE (“losses/benefits criterion”).
	As part of its qualitative assessment, AutoChina has concluded that it maintains the power criterion since the Company directs the activities that impact the underlying economics of the Operating Company. One example of such an activity is that AutoChina’s Officers, which is composed of senior employees across AutoChina’s departments, is responsible for monitoring performance and allocating resources and capital to the Operating Companies. Further, since AutoChina maintains a priority earnings position in the Operating Companies and has the ability and obligation to absorb the losses of the Operating Companies, AutoChina also meets the losses/benefits criterion.
	These contractual arrangements may not be as effective in providing the Company with control over the VIEs as direct ownership. Due to its VIE structure, the Company has to rely on contractual rights to effect control and management of the VIEs, which exposes it to the risk of potential breach of contract by the shareholders of the VIEs for a number of reasons. For example, their interests as shareholders of the VIEs and the interests of the Company may conflict and the Company may fail to resolve such conflicts; the shareholders may believe that breaching the contracts will lead to greater economic benefit for them; or the shareholders may otherwise act in bad faith. If any of the foregoing were to happen, the Company may have to rely on legal or arbitral proceedings to enforce its contractual rights, including specific performance or injunctive relief, and claiming damages. Such arbitral and legal proceedings may cost substantial financial and other resources, and result in a disruption of its business, and the Company cannot assure that the outcome will be in its favor. Apart from the above risks, there are no significant judgments or assumptions regarding enforceability of the contracts.
	In addition, as all of these contractual arrangements are governed by PRC law and provide for the resolution of disputes through either arbitration or litigation in the PRC, they would be interpreted in accordance with PRC law and any disputes would be resolved in accordance with PRC legal procedures. The legal environment in the PRC is not as developed as in other jurisdictions, such as the United States. As a result, uncertainties in the PRC legal system could further limit the Company’s ability to enforce these contractual arrangements. Furthermore, these contracts may not be enforceable in China if PRC government authorities or courts take a view that such contracts contravene PRC laws and regulations or are otherwise not enforceable for public policy reasons. In the event the Company is unable to enforce these contractual arrangements, it may not be able to exert effective control over the VIEs, and its ability to conduct its business may be materially and adversely affected.
	None of the assets of the VIEs can be used only to settle obligations of the consolidated VIEs. Liabilities recognized as a result of consolidating these VIEs do not represent additional claims on the Company’s general assets; rather, they represent claims against the specific assets of the consolidated VIEs.
	The following financial statement amounts and balances of the VIEs were included in the accompanying consolidated financial statements as of December 31, 2014 and 2013 and for the years ended December 31, 2014, 2013 and 2012:
			December 31,
			2014			2013
	Total assets		$	458,794		$	407,289
	Total liabilities			271,099			212,469
			Years Ended December 31,
			2014			2013		2012
	Revenues		$	43,408		$	39,675	$	34,946
	Net (loss) income			(8,467	)		4,082		4,786

NOTE_22_CONDENSED_PARENT_COMPA

NOTE 22. CONDENSED PARENT COMPANY FINANCIAL INFORMATION OF AUTOCHINA INTERNATIONAL LIMITED	12 Months Ended
	Dec. 31, 2014
Condensed Financial Information of Parent Company Only Disclosure [Abstract]
CONDENSED PARENT COMPANY FINANCIAL INFORMATION OF AUTOCHINA INTERNATIONAL LIMITED	The Company records its investments in its subsidiaries under the equity method of accounting. Such investments are presented on the separate condensed balance sheets of the Company as “Long-term investments in subsidiaries”.
	The subsidiaries did not pay any dividends to the Company for the periods presented. Certain information and footnote disclosures generally included in financial statements prepared in accordance with U.S. GAAP have been condensed and omitted. The footnote disclosures represent supplemental information relating to the operations of the Company, as such, these statements should be read in conjunction with the notes to the consolidated financial statements of the Company.
	As of December 31, 2014 and 2013, there were no material contingencies, significant capital and other commitments, provisions for long-term obligations, or guarantees of the Company, except as separately disclosed in the Company’s Consolidated Financial Statements, if any.
	Condensed Balance Sheets
		December 31,
		2014			2013
	Assets
	Cash and cash equivalents	$	118		$	96
	Prepaid expenses and other current assets		8			17
	Investment in subsidiaries		191,786			176,628
	Due from subsidiaries		71,774			76,607
	Total assets	$	263,686		$	253,348
	Liabilities
	Other payables and accrued liabilities	$	634		$	543
	Shareholders’ equity
	Ordinary shares - $0.001 par value authorized – 1,000,000,000 shares; issued and outstanding – 23,549,644 shares at December 31, 2014, respectively; and $0.001 par value authorized – 100,000,000 shares; issued and outstanding – 23,545,939 shares at December 31, 2013, respectively		24			24
	Additional paid-in capital		328,884			327,631
	Accumulated losses		(96,496	)		(106,662	)
	Accumulated other comprehensive income		30,640			31,812
	Total shareholders’ equity		263,052			252,805
	Total liabilities and shareholders’ equity	$	263,686		$	253,348
	Condensed Statement of Income
		Years ended December 31,
		2014			2013			2012
	Equity in profit of subsidiaries	$	16,330		$	16,125		$	29,630
	General and administrative expenses		2,168			4,620			6,140
	Litigation expense		4,350			—			—
	Other income		(354	)		(323	)		(59	)
	Total operating expenses		6,164			4,297			6,081
	Income from operations		10,166			11,828			23,549
	Net income	$	10,166		$	11,828		$	23,549
	Condensed Statement of Cash flows
		December 31,
		2014			2013			2012
	Net cash and cash equivalents (used in) provided by operating activities	$	(4,811	)	$	(643	)	$	83,799
	Net cash and cash equivalents provided by investing activities		4,833			644			7,543
	Net cash and cash equivalents used in financing activities		—			—			(91,327	)
	Cash and cash equivalents, beginning of the year		96			95			80
	Cash and cash equivalents, end of the year	$	118		$	96		$	95

NOTE_23_CREDIT_QUALITY_OF_FINA

NOTE 23. CREDIT QUALITY OF FINANCING RECEIVABLES AND ALLOWANCE FOR CREDIT LOSSES	12 Months Ended
	Dec. 31, 2014
Receivables [Abstract]
CREDIT QUALITY OF FINANCING RECEIVABLES AND ALLOWANCE FOR CREDIT LOSSES	The Company applies a systematic methodology to determine the allowance for credit losses for account receivables and short-term investment in sales-type leases, and long-term net investments in direct financing and sales-type leases, and other financing receivables. Based upon a credit loss and risk factor analysis, since the Company only leases commercial vehicles to its customers, it considers its lessee customers as its only portfolio segment. The Company further evaluated the portfolio by the class of type of customers and securities provided for the receivables, which is defined as a level of information (below a portfolio segment) in which the receivables have the same initial measurement attribute and a similar method for assessing and monitoring credit risk.
	The Company’s account receivables (excluding reclassified past due balance from short-term investment in sale-type leases) and long-term net investments in direct financing and sales-type leases consist of the receivables from the net investment in direct financing and sales-type leases and the receivables from value-added services. The Company only offers the optional value-added services to existing customers who have a history of making on-time payments with the Company. The Company controls legal title to the commercial vehicles leased to the lessee customers and it is allowed to repossess the commercial vehicles if the lessee customer defaults on its monthly installment payments (of the net investment in direct financing and sales-type leases) or the payment of value-added services. Therefore, both of these receivables are secured by the commercial vehicles leased to the lessee customers and the Company uses the same credit control to evaluate the risk of credit loss on an individual basis.
	The Company’s short-term investment in sales-type leases, the past due portion reclassified to accounts receivable, and other financing receivables consist of the receivable from peer stores related to commercial vehicle and/or relevant taxes and insurance. The Company is not allowed to repossess the commercial vehicles if the lessee customer defaults on its monthly installment payments. The Company provides a general provision based on 1.5% of the ending balances. Certain various percentages of allowance are further provided when the monthly installments default, according to the aging of such defaults.
	The credit quality of short-term net investment in sales-type leases, other financing receivables, long-term net investment in direct financing and sales-type leases and receivable from value-added services is reviewed on a quarterly basis. Credit quality indicators include past due and undue.
	Impaired long-term net investment in direct financing and sales-type leases and receivable from value-added services
	Long-term net investment in direct financing and sales-type leases and account receivables (excluding reclassified past due balance from short-term investment in sale-type leases) is considered impaired, based on current information and events, if it is probable that we will be unable to collect all amounts due according to the contractual terms of the lease. The lease with past due receivable has the highest probability for credit loss. The finance receivable is impaired when the unpaid lease contract amount with past due receivable exceeds the most probable source of repayment, and the difference is recognized as allowance of credit loss, which will be allocated to accounts receivable and the excess portion, if any, to long-term net investment in direct financing and sales-type leases. The most probable source of repayment is normally the residual value of commercial vehicles. In determining residual value of the commercial vehicles, the Company refers to the second-hand market values of the commercial vehicles as a reference.
	Impaired short-term net investment in sales-type leases and other financing receivable
	Short-term net investment in sales-type leases, other financing receivables is considered impaired, based on current information and events, if it has been past due for over three months, under which circumstance, additional provision is provided.
	Allowance for credit loss activity
	The allowance for credit loss as of December 31, 2014 and 2013 were as follows:
		December 31,
		2014			2013
	Balance at the beginning of the year	$	21,280		$	12,337
	Provision during the year		13,599			18,886
	Bad debts written off		(4,820	)		(9,943	)
	Balance at the end of the year	$	30,059		$	21,280
	Credit quality of finance receivables
	The carrying amount of the past due and undue finance receivables as of December 31, 2014 and 2013 were as follows:
	December 31, 2014	Undue			Past due			Total carrying
								amount
	Long-term net investment in direct financing and sales-type leases	$	345,154		$	—		$	345,154
	Short-term net investment in sales-type leases		56,975			—			56,975
	Other financing receivables		49,288			—			49,288
	Accounts receivables, net		2,496			26,419			28,915
		$	453,913		$	26,419		$	480,332
	December 31, 2013	Undue			Past due			Total carrying
								amount
	Long-term net investment in direct financing and sales-type leases	$	390,099		$	—		$	390,099
	Short-term net investment in sales-type leases		—			—			—
	Other financing receivables		—			—			—
	Accounts receivables, net		2,988			24,943			27,931
		$	393,087		$	24,943		$	418,030
	The carrying amount of the impaired long-term net investment in direct financing and sales-type leases as of December 31, 2014 and December 31, 2013 was as follows:
	December 31, 2014	Gross amount			Allowance for			Total carrying
					credit losses			amount
	Long-term net investment in direct financing and sales-type leases	$	1,072		$	22		$	1,050
	Accounts receivables		41,728			29,074			12,654
		$	42,800		$	29,096		$	13,704
	December 31, 2013	Gross amount			Allowance for			Total carrying
					credit losses			amount
	Long-term net investment in direct financing and sales-type leases	$	6,414		$	389		$	6,025
	Accounts receivables		39,036			20,891			18,145
		$	45,450		$	21,280		$	24,170
	The analysis of the age of the carrying amount of the overdue receivables as of December 31, 2014 and 2013 were as follows:
		December 31,
		2014			2013
	Less than 90 days	$	17,180		$	23,504
	Over 90 days		40,809			22,330
			57,989			45,834
	Less: allowance for credit losses		(29,074	)		(20,891	)
	Total	$	28,915		$	24,943
	For the years ended December 31, 2014, 2013 and 2012, the related amount of interest income recognized for impaired finance receivables was $3,985, $3,149 and $4,032, respectively.

NOTE_24_SUBSEQUENT_EVENT

NOTE 24. SUBSEQUENT EVENT	12 Months Ended
	Dec. 31, 2014
Note 24. Subsequent Event
Subsequent event	In April 2015 the Company established two wholly-owned subsidiaries called Shenzhen Kaiyuan Financial Services Co., Ltd. (“Shenzhen Kaiyuan Financial Services”) and Shenzhen Kaiyuan Inclusive Financial Services Co., Ltd. (“Shenzhen Kaiyuan Inclusive Financial Services”). Both subsidiaries were established to facilitate the operation of the Company’s new Internet-based businesses and as part of a rebranding of operations under the Kaiyuan Finance name.

NOTE_2_BASIS_OF_PRESENTATION_A1

NOTE 2. BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	12 Months Ended
	Dec. 31, 2014
Accounting Policies [Abstract]
Financial Statement Preparation and Presentation	The accompanying consolidated financial statements have been prepared by the Company pursuant to the rules and regulations of the Securities and Exchange Commission (the “SEC”) and generally accepted accounting principles in the United States (“U.S. GAAP”). The acquisition of Heat Planet was accounted for as a merger under common control, using merger accounting as if the merger had been consummated at the beginning of the earliest period presented, and no gain or loss is recognized. All the assets and liabilities of Heat Planet and its subsidiaries are recorded at carrying value. The cash consideration in excess of carrying value of net assets of Heat Planet’s subsidiary was deemed a capital distribution to Mr. Li and a deduction to additional paid in capital was recorded upon consummation of acquisition.
Principles of Consolidation	The consolidated financial statements include the financial statements of the Company, its subsidiaries and VIEs.  All significant inter- company balances and transactions have been eliminated in consolidation.
Use of Estimates	The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities as of the date of the financial statements and the reported amounts of revenues and expenses during the periods presented. The most significant estimates and related assumptions include the assessment of the provision for doubtful accounts, the assessment of the impairment of tangible long-lived assets, the assessment of the valuation allowance on deferred tax assets and the assessment of the fair value of the commercial vehicles is used in determining revenue recognition by reference to the retail market price. Actual results could differ from these estimates.
Currency Reporting	The Company uses U.S. dollars (“USD”) as its functional currency. The Company’s operations in China and Hong Kong use the local currencies - Renminbi (“RMB”) and Hong Kong dollar (“HKD”) as its functional currencies whereas amounts reported in the accompanying consolidated financial statements and disclosures are stated in U.S. dollars, the reporting currency of the Company, unless stated otherwise. As such, the consolidated balance sheets of the Company have been translated into USD at the current rates listed by the People’s Bank of China as of December 31, 2014 and 2013 and the consolidated statements of income and comprehensive income for the years ended December 31, 2014, 2013 and 2012 have been translated into USD at the average rates during the periods the transactions were recognized. The resulting translation adjustments are recorded as other comprehensive income in the consolidated statement of income and comprehensive income. The following are the exchange rates used by the Company as of December 31, 2014, 2013 and 2012 and for the years ended December 31, 2014, 2013 and 2012.
		31-Dec-14	31-Dec-13	31-Dec-12
	Exchange rates as of the date specified for	6.1190:1 RMB to USD	6.0969:1 RMB to USD	6.2855:1 RMB to USD
	the year ended on the date specified	7.7567:1 HKD to USD	7.7546:1 HKD to USD	7.7522:1 HKD to USD
	Average exchange rates for the years ended	6.1443:1 RMB to USD	6.1983:1 RMB to USD	6.3114:1 RMB to USD
		7.7556:1 HKD to USD	7.7573:1 HKD to USD	7.7575:1 HKD to USD
Cash and Cash Equivalents	For purposes of the consolidated statements of cash flows, cash equivalents include all highly liquid debt instruments with original maturities of three months or less which are not securing any corporate obligations. As of December 31, 2014 and 2013, the majority of cash, including restricted cash, was in RMB on deposit in PRC financial institutions under the Company’s PRC VIEs and subsidiaries, which the management believes are of high credit quality. Cash remittance in or out of the PRC are subject to the PRC foreign exchange control regulations pursuant to which PRC government approval is required for the Company to receive funds from or distribute funds outside the PRC.
Restricted Cash	As of December 31, 2014 and 2013, the restricted cash was $988 and $1,244, respectively, which was a guarantee deposits required by China Insurance Regulatory Commission (“CIRC”) in order to protect insurance premium appropriation by insurance agency and security deposits under the CITIC mortgage financing arrangement.
Long-Term Net Investment in Direct Financing and Sales-Type Leases	Long-term net investment in direct financing and sales-type leases are stated at the amount the Company expects to collect from its commercial vehicle leasing customers (individuals) and represent commercial vehicle leases that the Company originates directly through its own store network. These leases have an average length of 26 months and are secured by the commercial vehicle with GPS device tracing.
Short-term Net Investment in Sales-Type Leases and Other Financing Receivables	Both short-term net investment in sales-type leases and other financing receivables represent financing provided to the peer stores, which are guaranteed by their legal representative, and are stated at the amount the Company expects to collect.
	Short-term net investment in sales-type leases is for commercial vehicle leases provided to peer stores, with terms within 1 year.
	Other financing receivables represent 1) financing provided to peer stores for the insurance and taxes related to the purchase of a new commercial vehicle, usually with a term of ten months; 2) financing provided to registrant customers on the K-Pay platform, usually with a term of 30 days; 3) loans provided to SMBs with a 6 month term. Since the Company launched the K-Lend business, loan receivables were transferred, partly or in full, to K-Lend investors at the Company’s will. The transfer of financial assets originating from the K-Lend platform to investors does not meet the criteria of a sale of financial assets because the Company believes it still has continuing involvement and maintains effective control of the financial assets. Accordingly, the proceeds received from the investors under the financing agreement are accounted for as secured borrowings.
	The Company evaluates the collectability of such receivables based on a combination of factors, including customer credit-worthiness, aging, and historical collection experience. Management reviews such receivables and adjusts the allowance based on the aging of the receivables. The allowance for different agings is evaluated and determined based on historical experience and current market conditions and is evaluated on a quarterly basis or more often as necessary.
Accounts Receivable	Accounts receivable represents the following: i) the amount the Company expects to collect from the value added services, such as the tires, fuel and insurance financing services with the term of one to three months. ii) commissions the Company expects to collect from insurance institutions for referring its customers to buy auto insurance; iii) the reclassified past due monthly installments from long-term net investment in direct financing and sales-type leases, and short-term net investment in sales-type leases.
Provision for doubtful accounts	The Company maintains allowances for doubtful accounts for estimated losses resulting from the inability of its customers to make required payments.
	The Company evaluates, on an individual basis, the collectability of its long-term net investment in direct financing and sales-type leases based on a combination of factors, including customer credit-worthiness, residual value of the commercial vehicles under lease and historical collection experience. Management reviews the receivable and adjusts the allowance based on historical experience, financial condition of the customer and other relevant current economic factors. The allowances were deducted from accounts receivable on an individual basis, and the portion in excess of accounts receivable were then deducted from the long-term net investment in direct financing and sales-type leases.
	For short-term net investment in sales-type leases and other financing receivables arising from transactions with peer stores, the Company provides a general provision based on 1.5% of the ending balances. Certain various percentages of allowance are further provided when the monthly installments default, according to the aging of such defaults. Such allowances are deducted from accounts receivable, short-term net investment in sales-type leases and other financing receivables, respectively.
Concentration of Credit Risk	Financial instruments that potentially subject the Company to concentration of credit risk consist principally of accounts receivable, investment in direct financing and sales-type leases and other financing receivables. Credit risk concentration with respect to accounts receivables and, investments in leases and other financing receivables is reduced because a large number of diverse customers over a wide geographic area make up the Company’s customer base.
Inventories	Inventories are stated at the lower of cost or market. The Company uses the specific identification method to value commercial vehicles and the first-in, first-out method (“FIFO”) to account for parts inventories.  A reserve of specific inventory units and parts inventories is maintained where the cost exceeds the estimated net realizable value.
Property, Equipment, Leasehold Improvements and Construction in progress	Property and equipment are recorded at cost and depreciated using the straight-line method over their estimated useful lives. All depreciation is included in operating expenses on the accompanying consolidated statements of income and comprehensive income). Leasehold improvements are capitalized and amortized over the lesser of the life of the lease or the useful life of the related asset.
	The estimated useful lives of property, equipment and leasehold improvements are as follows:
		Useful life
	Buildings	40 years
	Equipment	5 - 10 years
	Furniture and fixtures	5 - 10 years
	Company automobiles	3 - 5 years
	Leasehold improvements	Shorter of the remaining lease terms and estimated useful lives
	Expenditures for major additions or improvements that extend the useful lives of assets are capitalized. Minor replacements, maintenance and repairs that do not improve or extend the lives of such assets are expensed as incurred.
	The Company reviews its long-lived assets for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may no longer be recoverable. When these events occur, the Company assesses the recoverability of the long-lived assets by comparing the carrying value of the long-lived assets to the estimated undiscounted future cash flows expected to result from the use of the assets and their eventual disposition where the fair value is lower than the carrying value, measurement of an impairment loss is recognized in the statements of operations and comprehensive income (loss) for the difference between the fair value, using the expected future discounted cash flows, and the carrying value of the assets. No impairment of long-lived assets was recognized for the periods presented.
Fair Value of Financial Instruments	Financial instruments consist primarily of cash and cash equivalents, restricted cash, accounts receivable, prepaid expenses, other financing receivables, short-term net investment in sales-type leases, current maturity of net investment in direct financing and sales-type leases, accounts payable, due to affiliates, short-term borrowings, other payables and accrued liabilities, customer deposits and long-term borrowings. The carrying amounts of the short-term financial instruments at December 31, 2014 and 2013 approximated their fair values because of their short maturities or existence of variable interest rates, which reflect current market rates. For long-term financial instruments, the carrying amount approximates its fair value since the interest rates applied to determine the carrying armount is close to the market interest rates for similar types of long-term instruments. When available, the Company measures the fair value of financial instruments based on quoted market prices in active markets, valuation techniques that use observable market-based inputs or unobservable inputs that are corroborated by market data. Pricing information that the Company obtains from third parties is internally validated for reasonableness prior to use in the consolidated financial statements. When observable market prices are not readily available, the Company generally estimates fair value using valuation techniques that rely on alternate market data or inputs that are generally less readily observable from objective sources and are estimated based on pertinent information available at the time of the applicable reporting periods. In certain cases, fair values are not subject to precise quantification or verification and may fluctuate as economic and market factors vary and the Company’s evaluation of those factors changes. Although the Company uses its best judgment in estimating the fair value of these financial instruments, there are inherent limitations in any estimation technique. In these cases, a minor change in an assumption could result in a significant change in its estimate of fair value, thereby increasing or decreasing the amounts of the Company’s consolidated assets, liabilities, equity and net income or loss.
	A financial instrument’s categorization within the fair value hierarchy is based upon the lowest level of input that is significant to the fair value measurement. Three levels of inputs are used to measure fair value:
	Level 1 applies to assets or liabilities for which there are quoted prices in active markets for identical assets or liabilities.
	Level 2 applies to assets or liabilities for which there are inputs other than quoted prices included within Level 1 that are observable for the asset or liability such as quoted prices for similar assets or liabilities in active markets; quoted prices for identical assets or liabilities in markets with insufficient volume or infrequent transactions (less active markets); or model-derived valuations in which significant inputs are observable or can be derived principally from, or corroborated by, observable market data.
	Level 3 applies to assets or liabilities for which there are unobservable inputs to the valuation methodology that are significant to the measurement of the fair value of the assets or liabilities.
Mortgage Financing Arrangement	Under the mortgage financing arrangement with CITIC Bank, which began in March 2013, the Company’s customers obtain mortgage financing from CITIC while the Company provides a guarantee. The Company enters into a lease contract directly with the customer and also enters into a contractual obligation to repay the mortgage financing on behalf of the customer. The CITIC mortgage financing has a 24-month term and as a result the Company recognizes a long-term liability for amounts borrowed under the CITIC mortgage financing arrangement. Since January 2014, the Company does not anticipate further utilizing the mortgage financing arrangement in the future.
Comprehensive Income (Loss)	U.S. GAAP generally requires that recognized revenue, expenses, gains and losses be included in net income or loss. Although certain changes in assets and liabilities are reported as separate components of the equity section of the consolidated balance sheet, such items, along with net income, are components of comprehensive income or loss. The components of other comprehensive income or loss consist solely of foreign currency translation adjustments.
Commitments and Contingencies	In the normal course of business, the Company is subject to contingencies, including legal proceedings and claims arising out of the business that relate to a wide range of matters, including among others, product liability and guarantees provided to CITIC Bank for the mortgage financing arrangement. The Company recognizes a liability for such contingency if it determines it is probable that a loss has occurred and a reasonable estimate of the loss can be made. The Company may consider many factors in making these assessments including historical and the specific facts and circumstances of each matter.
Revenue Recognition	Commercial vehicles
	The Company recognizes its long-term commercial vehicle lease financing arrangement, as well as the short-term commercial vehicle leases under the peer stores business and mortgage financing arrangement with China CITIC Bank, as sales-type leases.  For new commercial vehicles financed by the Company, the Company recognizes revenue when the following conditions are met: (a) when the lease contract is signed, (b) when the customer has taken possession of the vehicle, and (c) if the collectability of owed amounts are reasonably assured. The Company recognizes revenue using the fair value of the commercial vehicles by reference to the retail market price of the vehicles. The Company also records the sale of the GPS tracking unit sold to the lessee upon the transfer of the title and delivery of the product. These sales revenues are recorded as “Commercial Vehicles”.
	Finance
	The Company recognizes its second-hand vehicle lease financing arrangement as a direct financing lease because it does not give rise to dealer’s profit or loss to the Company. Under the second-hand vehicle lease financing program, the Company holds the title of the used vehicle and then transfers title to the customer at the end of the lease term. The excess of aggregate lease rentals over the acquisition cost of leased second-hand vehicle constitutes unearned lease income to be taken into income over the lease term by using the effective interest method.
	A membership fee is charged to all lessees for the privilege of utilizing the Company’s store branch network for certain services, which include general support services, licensing and permit services, insurance services and registration services. The membership fee is charged and collected by the Company when a direct financing and sales-type lease is signed. The Company records the amount as a deduction of minimum lease payment receivable. Revenue from our membership fee is deferred and recognized ratably over the term of the direct financing and sales-type lease. The difference between the gross investment in the lease (and the fair value of the commercial vehicles) is recorded as unearned income and amortized based on the effective interest rate method over the lease term. Management servicing fees are recognized when services are rendered.
	With respect to the value added services (tires, fuel, insurance financing services), the Company provides one to three months of revolving credit facilities to eligible customers, from which tires, fuel and insurance services that is charged and collected at the beginning of the financing period is deferred and recognized ratably based on the effective interest rate method over the term of the financing period.
	For financing provided to peer stores for the insurance and taxes related to the purchase of a new commercial vehicle, the Company charges peer stores an up-front service fee which is collected at the beginning of the financing period and is deferred and recognized ratably based on the effective interest rate method over the term of the financing period.
	The Company recognizes interest income on K-Lend loans based on the effective interest rate method over the term of the financing period.
	Interest from direct financing and sales-type leases, the membership fee amortization, management servicing fee, interest from value added services, service fee for the financing of the insurance and taxes under the peer stores business and interest on K-Lend loans are recorded as “Finance”.
	Recognition of income is suspended and a lease/receivable is placed on non-accrual status when management determines that collection of future income is not probable. Accrual is resumed, and previously suspended income is recognized, when the lease/receivable becomes contractually current and/or collection doubts are removed. Cash receipts on impaired leases/receivable are recorded against the net investment/receivable and then to any unrecognized income.
	Insurance and other
	The Company also receives commissions from insurance institutions for referring its customers to buy auto insurance. Insurance commission and agency income is recorded when the insurance contract is signed and the insurance premium is paid to the insurance company. The insurance commission and agency fee is recorded as “Insurance and other.”
	Penalty income generated from the lessees and K-Pay users for late payment is recognized when the payment is overdue and the collectability is reasonably assured. This income is recorded as “Insurance and other”.
	K-Pay merchants are charged transaction fees, which are recorded as “Insurance and other” when incurred.
	Property lease and management
	Minimum contractual rental income related to office leases are recognized on a straight-line basis over the terms of the respective leases. Straight-line rental revenue commences when the customer assumes control of the leased premises. In accordance with the Company's standard lease terms, rental payments are generally due on a monthly basis. Deferred rent receivable represents the cumulative difference between rental revenue as recorded on a straight-line basis and rents received from the tenants. As of December 31, 2014, about USD 1.2 million deferred rent receivable was recorded. Tenant recovery revenue includes payments from tenants as reimbursements for management fees and utilities, etc, which are recognized when the related expenses are incurred. Rental from office lease and tenant recovery revenue together were recorded as “Property lease and management.”
Cost of Sales	Cost of sales from commercial vehicles consists of the purchase price of the leased vehicle plus the direct labor and other costs of the operations.
	Cost of sales from Insurance and other consists of insurance commissions plus the direct labor and other costs of the operations.
	Cost of sales for property lease and management consists of renovation costs, depreciation for the leased out portion of the Kai Yuan Center, real estate taxes and salaries for customer service and maintenance personnel.
Advertising	The Company expenses advertising costs as incurred. Advertising expenses totaled approximately $141, $107 and $21 for the years ended December 31, 2014, 2013 and 2012, respectively, and are included in selling and marketing expense in the accompanying consolidated statements of operation.
Value added Tax and Business Tax	In the PRC, value added tax (the “VAT”) of 17% on invoice amount is collected in respect of the sales of goods on behalf of tax authorities. The VAT collected is not revenue of the Company; instead, the amount is recorded as a liability on the balance sheet until such VAT is paid to the authorities.
	The Company’s PRC subsidiaries are also subject to business tax of 5% for their revenues from membership fee, interest from sales-type lease, management servicing fee, commission fee and revenues from tires, fuel and insurance financing services, which are recognized after net off business tax. The office leasing segment is also subject to business tax of 5% on rental income.
Income Taxes	Income taxes are accounted for using an asset and liability method.  Under this method, deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets, including tax loss and credit carry forwards, and liabilities are measured using enacted tax rates in the applicable tax jurisdiction expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in the period that includes the enactment date. Deferred income tax expense represents the change during the period in the deferred tax assets and deferred tax liabilities. The components of the deferred tax assets and liabilities are individually classified as current and non-current based on their expected period of realization. Realization of the deferred tax asset is dependent on generating sufficient taxable income in future years.
	The Company recognizes interest on non-payment of income taxes under requirement by tax law and penalties associated with tax positions when a tax position does not meet the minimum statutory threshold to avoid payment of penalties. According to the PRC Tax Administration and Collection Law, the statute of limitations is three years if the underpayment of taxes is due to computational errors made by the taxpayer or the withholding agent. The statute of limitations is extended to five years under special circumstances, where the underpayment of taxes is more than RMB 100,000. In the case of transfer pricing issues, the statute of limitation is ten years. There is no statute of limitation in the case of tax evasion. The tax returns of the Company’s PRC VIEs and subsidiaries are subject to examination by the relevant tax authorities. The Company did not have any material interest or penalties associated with tax positions and did not have any significant unrecognized uncertain tax positions as of December 31, 2014 and 2013, respectively.
	The Company’s Chinese subsidiaries are subject to taxation in the PRC. The PRC income tax returns are generally not subject to examination by the tax authorities for tax years before 2009. With a few exceptions, the tax years 2009 -2014 remain open to examination by tax authorities in the PRC. The tax years 2011 - 2014 for US entities remains open to examination by tax authorities in the US.
Segment Reporting	Operating segments are defined as components of an enterprise about which separate financial information is available that is evaluated regularly by the chief executive officer, in deciding how to allocate resources and assessing performance. All of the Company’s sales are generated in the PRC and substantially all of the Company’s assets are located in the PRC. The Company’s operations consist of two reporting and operating segments, the commercial vehicle sales, servicing, leasing and support business, and office leasing business.
Earnings Per Share	The Company computes earnings per share (“EPS”) in accordance with generally accepted accounting principles. Companies with complex capital structures are to present basic and diluted EPS. Basic EPS is measured as the income available to ordinary shareholders divided by the weighted average ordinary shares outstanding for the period. For basic EPS, the weighted average number of shares outstanding for the period includes contingently issuable shares (i.e., shares issuable for little or no cash consideration upon the satisfaction of the conditions of a contingent stock agreement) as of the date that all necessary conditions have been met. Diluted EPS is similar to basic EPS but presents the dilutive effect on a per share basis of potential ordinary shares (e.g., convertible securities, options and warrants) as if they had been converted at the beginning of the periods presented, or issuance date, if later. Potential ordinary shares that have an anti-dilutive effect (i.e., those that increase income per share or decrease loss per share) are excluded from the calculation of diluted EPS.
	Basic and diluted earnings per share for each of the periods presented are calculated as follows:
					Year ended
					December 31,
					2014		2013
	Net income				$	10,166	$	11,828
	Weighted average number of common shares outstanding – Basic					23,549,112		23,540,761
	Stock options					291,532		265,433
	Weighted average number of common shares outstanding – Diluted					23,840,644		23,806,194
	Earnings per share
	Basic				$	0.43	$	0.5
	Diluted				$	0.43	$	0.5
Share-Based Payments	The Company records all share-based payments, including grants of employee stock options to employees, in the financial statements based on their fair values on grant date and amortizes to expense on straight-line basis over the vesting period. The Company used the Black-Scholes option-pricing model to estimate the fair value of the options at the date of grant. On August 6, 2012, the Company’s board of directors determined to amend certain Share Option Award Agreements entered into pursuant to the Incentive Plan to reduce the exercise price per share thereunder to the current fair market value of the Company’s ordinary shares. The Company used the binomial model to estimate the fair value of repriced options as the Company has reassessed the exercise pattern and determined that going forward a Binomial Pricing model is a better model for estimating the fair values of options.
Recently Issued Accounting Pronouncements	Management does not believe that any recently issued, but not yet effective, accounting standards or pronouncements, if currently adopted, would have a material effect on the Company’s consolidated financial statements.

NOTE_2_BASIS_OF_PRESENTATION_A2

NOTE 2. BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)	12 Months Ended
	Dec. 31, 2014
Accounting Policies [Abstract]
Schedule of exchange rates used		31-Dec-14	31-Dec-13	31-Dec-12
	Exchange rates as of the date specified for	6.1190:1 RMB to USD	6.0969:1 RMB to USD	6.2855:1 RMB to USD
	the year ended on the date specified	7.7567:1 HKD to USD	7.7546:1 HKD to USD	7.7522:1 HKD to USD
	Average exchange rates for the years ended	6.1443:1 RMB to USD	6.1983:1 RMB to USD	6.3114:1 RMB to USD
		7.7556:1 HKD to USD	7.7573:1 HKD to USD	7.7575:1 HKD to USD
Estimated useful lives of property, equipment and leasehold improvements		Useful life
	Buildings	40 years
	Equipment	5 - 10 years
	Furniture and fixtures	5 - 10 years
	Company automobiles	3 - 5 years
	Leasehold improvements	Shorter of the remaining lease terms and estimated useful lives
Schedule of earnings per share calculation					Year ended
					December 31,
					2014		2013
	Net income				$	10,166	$	11,828
	Weighted average number of common shares outstanding – Basic					23,549,112		23,540,761
	Stock options					291,532		265,433
	Weighted average number of common shares outstanding – Diluted					23,840,644		23,806,194
	Earnings per share
	Basic				$	0.43	$	0.5
	Diluted				$	0.43	$	0.5

NOTE_3_ACCOUNTS_RECEIVABLE_Tab

NOTE 3. ACCOUNTS RECEIVABLE (Tables)	12 Months Ended
	Dec. 31, 2014
Receivables [Abstract]
Summary of accounts receivable		December 31,
		2014			2013
	Long-term net investment in direct financing and sales-type leases	$	53,858		$	44,062
	Short-term net investment in sales-type leases		381			—
	Receivable from value-added services		1,912			2,700
	Receivable from insurance commissions		1,838			2,060
	Less: Allowance for doubtful accounts		(29,074	)		(20,891	)
	Total	$	28,915		$	27,931

NOTE_4_INVENTORIES_Tables

NOTE 4. INVENTORIES (Tables)	12 Months Ended
	Dec. 31, 2014
Inventory Disclosure [Abstract]
Summary of inventories		December 31,
		2014		2013
	Commercial vehicles	$	4,399	$	4,716
	Parts and accessories		347		603
	Total	$	4,746	$	5,319

NOTE_5_PREPAID_EXPENSES_AND_OT1

NOTE 5. PREPAID EXPENSES AND OTHER CURRENT ASSETS (Tables)	12 Months Ended
	Dec. 31, 2014
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Summary of prepaid expenses and other current assets		December 31,
		2014		2013
	Deposits for inventories		—		26
	Temporary advances to employees		302		166
	Prepaid rent		1,217		1,534
	Prepaid other taxes		701		252
	Prepaid fuel charges		17		30
	Prepaid insurance		1,190		1,485
	Other current assets		2,093		1,768
	Total	$	5,520	$	5,261

NOTE_6_OTHER_FINANCING_RECEIVA1

NOTE 6. OTHER FINANCING RECEIVABLES (Tables)	12 Months Ended
	Dec. 31, 2014
Note 6. Other Financing Receivables Tables
Components of Financing Receivables		December 31,			December 31,
		2014			2013
	Minimum financing payments receivable	$	50,175		$	—
	Less: Allowance for doubtful accounts		(374	)		—
	Net minimum financing payments receivable		49,801			—
	Less: unearned interest income		(1,295	)		—
	Other financing receivables	$	48,506		$	—

NOTE_7_SHORTTERM_NET_INVESTMEN1

NOTE 7. SHORT-TERM NET INVESTMENT IN SALES-TYPE LEASES (Tables)	12 Months Ended
	Dec. 31, 2014
Note 7. Short-term Net Investment In Sales-type Leases Tables
Components of the short-term net investment in sales-type leases		December 31,			December 31,
		2014			2013
	Minimum lease payments receivable	$	58,976		$	—
	Less: Allowance for doubtful accounts		(590	)		—
	Net minimum lease payments receivable		58,386			—
	Less: unearned interest income		(1,411	)		—
	Short-term net investment in sales-type leases	$	56,975		$	—

NOTE_8_LONGTERM_NET_INVESTMENT1

NOTE 8. LONG-TERM NET INVESTMENT IN DIRECT FINANCING AND SALES-TYPE LEASES (Tables)	12 Months Ended
	Dec. 31, 2014
Leases [Abstract]
Components of the net investment in direct financing and sales-type leases		December 31,
		2014			2013
	Minimum lease payments receivable	$	373,054		$	428,314
	Less:  Allowance for doubtful accounts		(22	)		(389	)
	Net minimum lease payments receivable		373,032			427,925
	Less: unearned interest income		(27,879	)		(37,826	)
	Net investment in direct financing and sales-type leases		345,153			390,099
	Less: Current maturities of net investment in direct financing and sales-type leases		(285,983	)		(261,684	)
	Net investment in direct financing and sales-type leases, net of current maturities	$	59,170		$	128,415
Summary of Future minimum lease payments		Years Ending December 31,
		2015			2016			2017		Total
	Net minimum lease payments receivable	$	311,186		$	61,824		$	22	$	373,032
	Less: unearned interest income		(25,203	)		(2,676	)		—		(27,879	)
	Net investment in direct financing and sales-type leases	$	285,983		$	59,148		$	22	$	345,153

NOTE_9_PROPERTY_EQUIPMENT_AND_1

NOTE 9. PROPERTY, EQUIPMENT AND LEASEHOLD IMPROVEMENTS, NET (Tables)	12 Months Ended
	Dec. 31, 2014
Property, Plant and Equipment [Abstract]
Summary of property, equipment and leasehold improvements		December 31,
		2014			2013
	Buildings and leasehold improvements	$	75,658		$	74,855
	Furniture and fixtures		7,556			6,912
	Equipment		6,215			6,238
	Company automobiles		1,619			1,721
	Total		91,048			89,726
	Less: accumulated depreciation and amortization		(10,896	)		(7,472	)
	Property, equipment and leasehold improvements, net	$	80,152		$	82,254
Schedule of property on operating leases and property held for lease by major classes		December 31,			December 31,
		2014			2013
	Buildings and leasehold improvements	$	62,983		$	62,250
	Equipment		5,269			5,289
	Total		68,252			67,539
	Less: Accumulated depreciation		(3,270	)		(1,263	)
	Total	$	64,982		$	66,276

NOTE_10_OTHER_PAYABLES_AND_ACC1

NOTE 10. OTHER PAYABLES AND ACCRUED LIABILITIES (Tables)	12 Months Ended
	Dec. 31, 2014
Payables and Accruals [Abstract]
Schedule of Other payables and accrued liabilities		December 31,
		2014		2013
	Accrued expenses	$	2,564	$	2,139
	Business and other tax payables		6,666		7,108
	Salary payable		2,017		2,715
	Temporary receipt of insurance premium		126		149
	Temporary receipt of insurance claims		1,362		1,326
	Deposits received		4,331		2,220
	Interest payable		498		356
	Other current liabilities		2,557		1,133
	Total	$	20,121	$	17,146

NOTE_11_THIRD_PARTY_BORROWINGS1

NOTE 11. THIRD PARTY BORROWINGS (Tables)	12 Months Ended
	Dec. 31, 2014
Debt Disclosure [Abstract]
Summary of short-term borrowings		Weighted-average interest rate											December 31,
		2014			2013				Maturities				2014				2013
	Short-term bank loans		7.07	%		6.5	%			June 2015 to November 2015			$	155,342			$	160,737
	Total		7.07	%		6.5	%						$	155,342			$	160,737
Summary of long-term borrowings, current portion		Weighted-average interest rate									December 31,
		2014					Maturity				2014				2013
	Long-term bank loans, current portion		6.77%					February 2015 to August 2015			$	2,451				—
	Total		6.77%								$	2,451				—
Summary of long-term borrowings		Weighted-average interest rate									December 31,
		2014					Maturity				2014				2013
	Long-term bank loans		6.77%					Aug-16			$	14,708				—
	Total		6.77%								$	14,708				—

12_LONGTERM_PAYABLES_Tables

12. LONG-TERM PAYABLES (Tables)	12 Months Ended
	Dec. 31, 2014
Long-term Payables Tables
Summary of Long-term borrowings		December 31,
		2014			2013
	Security deposits from customers	$	9,102		$	8,955
	Amounts due under mortgage financing arrangement, net of current portion		—			902
	Net long-term payables	$	9,102		$	9,857
Security deposits		Years Ending December 31,
		2015			2016			2017			Total
	Security deposits from customers	$	4,237		$	4,861		$	4		$	9,102
Long-term payables from the mortgage financing arrangement		December 31,
		2014			2013
	Total amounts due under mortgage financing arrangement	$	924		$	2,498
	Less: Unrealized interest expense		(25	)		(160	)
	Net amounts due under mortgage financing arrangement	$	899		$	2,338
	Amounts due under mortgage financing arrangement, current		(899	)		(1,436	)
	Amounts due under mortgage financing arrangement, non-current	$	—		$	902
Schedule of future amounts due under the mortgage financing arrangement		Years Ending December 31,
		2015			2016			Total
	Amounts due under mortgage financing arrangement	$	924		$	—		$	924
	Less: Unrealized interest expense		(25	)		—			(25	)
	Total amounts due under mortgage financing arrangement	$	899		$	—		$	899

NOTE_13_INCOME_TAXES_Tables

NOTE 13. INCOME TAXES (Tables)	12 Months Ended
	Dec. 31, 2014
Income Tax Disclosure [Abstract]
Schedule of Components of Income Tax Expense (Benefit)		Years Ended December 31,
		2014			2013			2012
	Current	$	10,731		$	17,533		$	13,296
	Deferred		(5,189	)		(11,811	)		(4,181	)
	Total	$	5,542		$	5,722		$	9,115
Schedule of Deferred Tax Assets and Liabilities		December 31,
		2014			2013
	Current
	Deferred income tax assets:
	Provision for doubtful accounts	$	7,531		$	5,334
	Accrued liabilities		1,604			907
	Tax loss carry forward		1,470			715
	Other temporary differences		455			598
	Deferred income tax assets – current		11,060			7,554
	Deferred income tax liabilities – current
	Unearned income		(2,309	)		(2,039	)
	Net deferred income tax assets – current	$	8,751		$	5,515
	Non-current
	Deferred income tax assets:
	Accrued liabilities	$	1,773		$	1,789
	Tax loss carry forward		4,411			2,145
	Others		—			192
	Deferred income tax assets – non-current		6,184			4,126
	Deferred income tax liabilities:
	Unearned income		(104	)		—
	Deferred income tax assets – non-current	$	6,080		$	4,126
Schedule of Effective Income Tax Rate Reconciliation		December 31,
		2014			2013			2012
	Statutory rate		25	%		25	%		25	%
	Non-deductible expenses		11.7	%		7.2	%		4.9	%
	Non-taxable income		(2.2	)%		(2.0	)%		(1.1	)%
	Effect of rate differences in various tax jurisdictions and others		(0.5	)%		2.4	%		(0.9	)%
	Effective tax rate		34	%		32.6	%		27.9	%

NOTE_14_STOCKBASED_COMPENSATIO1

NOTE 14. STOCK-BASED COMPENSATION (Tables)	12 Months Ended
	Dec. 31, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Stock options valuation assumption	Date of Grant	September 3,			December 3,			May 19,			August 19,			March 23,
		2009			2009			2010			2010			2011
	Dividend yield (1)		None			None			None			None			None
	Risk - free interest rate (2)		2.95	%		2.87	%		2.82	%		2.06	%		2.73	%
	Volatility (3)		47	%		42	%		43	%		46	%		60	%
	Expected Life (in years) (4)		6.08			6.08			6.08			6.08			6.08
Assumptions under binomial model to estimate the fair value of options	Date of Grant	December 3,			May 19,			August 19,			March 23,
		2009			2010			2010			2011
	Dividend yield (1)		None			None			None			None
	Risk - free interest rate (2)		1.08	%		1.17	%		1.23	%		1.3	%
	Volatility (3)		40	%		40	%		40	%		40	%
	Expected Life (in years) (4)		7.3			7.8			8			8.6
Summary of outstanding options		Options Outstanding									Options Exercisable
	Range of	Number			Weighted			Weighted			Number			Weighted
	Exercise Price	Outstanding at			Average Fair			Average			Exercisable at			Average
	Per Share	December 31,			Value			Remaining Life			December 31,			Exercise Price
		2014						(Years)			2014
	$9.50 to $14.50		1,514,056		$	4.77			5.05			1,509,556		$	12.36
Summary of stock option activity	Options	Number			Weighted			Weighted			Aggregate
		of Shares			Average Exercise			Average			Intrinsic
					Price			Remaining Life			Value
								(Years)
	Outstanding at December 31, 2011		1,623,704			19.67			8.04		$	7,841
	Forfeited		(63,075	)		13.66
	Outstanding at December 31, 2012		1,560,629			12.35			7.04		$	13,501
	Exercised		(29,250	)		9.5
	Forfeited		(16,003	)		12.25
	Outstanding at December 31, 2013		1,515,376			12.37			6.05		$	11,563
	Forfeited		(1,320	)		14.5
	Outstanding at December 31, 2014		1,514,056			12.37			5.05		$	11,560
Summary of unvested options	Options	Number			Weighted Average
		of Shares			Fair Value
	Unvested at January 1, 2014		81,902		$	5.46
	Vested		(76,082	)		5.41
	Forfeited or exercised		(1,320	)		4.1
	Unvested at December 31, 2014		4,500		$	6.59
	Expected to vest thereafter		4,500		$	6.59

16_FUTURE_MINIMUM_RENTAL_INCOM1

16. FUTURE MINIMUM RENTAL INCOME UNDER OPERATING LEASES (Tables)	12 Months Ended
	Dec. 31, 2014
Future Minimum Rental Income Under Operating Leases Tables
Future minimum rental income under operating leases	Year Ending December 31,	Future Minimum Rentals
	2015		8,822
	2016		6,483
	2017		2,253
	Later years		—
	Total	$	17,558

NOTE_17_COMMITMENTS_AND_CONTIN1

NOTE 17. COMMITMENTS AND CONTINGENCIES (Tables)	12 Months Ended
	Dec. 31, 2014
Commitments and Contingencies Disclosure [Abstract]
Schedule of Future Minimum Rental Payments for Operating Leases	Year Ending December 31,	Future Minimum
		Payments
	2015	$	617
	2016		576
	2017		169
	2018		35
	2019		—
	After 2019		—
	Total	$	1,397

19_SEGMENT_REPORTING_Tables

19. SEGMENT REPORTING (Tables)	12 Months Ended
	Dec. 31, 2014
Segment Reporting Tables
Segment reporting	Year ended December 31, 2014
	(in thousands)
		Commercial			Office Leasing			Total
		Vehicles
	Segment Revenues	$	808,511		$	4,937		$	813,448
	Cost of Sales	$	723,316		$	2,532		$	725,848
	Gross Profit	$	85,195		$	2,405		$	87,600
	Selling and marketing	$	10,383		$	335		$	10,718
	General and administrative	$	44,366		$	2,232		$	46,598
	Litigation expense	$	4,350		$	—		$	4,350
	Interest expense	$	22,627		$	128		$	22,755
	Other (income), net	$	(12,314	)	$	(47	)	$	(12,361	)
	Income (loss) from operations	$	15,783		$	(243	)	$	15,540
	Interest income	$	(164	)	$	(4	)	$	(168	)
	Depreciation and amortization	$	1,919		$	2,007		$	3,926
	Segment Income (loss) before taxes	$	15,947		$	(239	)	$	15,708
	Year ended December 31, 2013
	(in thousands)
		Commercial			Office Leasing			Total
		Vehicles
	Segment Revenues	$	657,627		$	501		$	658,128
	Cost of Sales	$	583,273		$	1,360		$	584,633
	Gross Profit	$	74,354		$	(859	)	$	73,495
	Selling and marketing	$	10,056		$	206		$	10,262
	General and administrative	$	48,763		$	1,164		$	49,927
	Interest expense	$	9,597		$	—		$	9,597
	Other (income), net	$	(13,435	)	$	—		$	(13,435	)
	Income (loss) from operations	$	19,373		$	(2,229	)	$	17,144
	Interest income	$	(404	)	$	(2	)	$	(406	)
	Depreciation and amortization	$	2,046		$	1,243		$	3,289
	Segment Income (loss) before taxes	$	19,775		$	(2,225	)	$	17,550

NOTE_20_RELATED_PARTY_BALANCES1

NOTE 20. RELATED PARTY BALANCES AND TRANSACTIONS (Tables)	12 Months Ended
	Dec. 31, 2014
Related Party Transactions [Abstract]
Due from affiliates					December 31,
		Note			2014				2013
	Xinji Beiguo Mall		-1			50				—
	Total				$	50			$	—
Accounts receivable, related parties					December 31,
		Note			2014				2013
	Yuanshi County Natural Gas Sales Company		-1			782				—
	Total				$	782			$	—
Due to affiliates					December 31,
		Notes			2014				2013
	Mr. Li				$	144			$	144
	Alliance Rich		-1			3,917				32,560
	Hebei Kaiyuan		-1			5,807				5,430
	Smart Success		-1			9				9
	Hebei Ruijie Hotel Management Company		-1			15,690				—
	Yuanshi County Natural Gas Sales Company		-2			77				—
	Total				$	25,644			$	38,143
Accounts payable, related parties					December 31,
		Notes			2014				2013
	Ruituo		-1		$	66,633			$	45,024
	Beiguo Auto		-2			16,978				3,116
	Xinji Beiguo Mall		-2			24,600				9,446
						108,211				57,586
Schedule of related party transactions		Notes					Years Ended December 31,
							2014				2013		2012
	Capital nature:
	Hebei Kaiyuan		(1	)	(a)			—				20,973		64,962
	Hebei Kaiyuan		(1	)	(c)			50,616				19,562		75,771
	Hebei Ruijie Hotel Management Co. Ltd		(1	)	(a)			24,413				24,200		—
	Hebei Ruijie Hotel Management Co. Ltd		(1	)	(c)			15,461				—		2,905
	Kaiyuan Shengrong		(1	)	(b)			—				10,487		10,299
	Kaiyuan Shengrong		(1	)	(c)			—				—		15,881
	Kaiyuan Shengrong		(1	)	(d)			—				10,487		3,169
	Beijing Wantong Longxin Auto Trading Co., Ltd. (“Beijing Wantong”)		(2	)	(c)			—				2,662		42,495
	Ruituo		(3	)	(a)			48,826				24,200		—
	Mr. Li		(4	)	(a)			—				69,374		—
	Alliance Rich		(1	)	(f)			939				339		—
	Hebei Ruijie Hotel Management Company		(1	)	(h)			73				—		—
	Operating nature:
	Honest Best		(1	)	(f)			—				—		58
	Hebei Kaiyuan		(1	)	(f)			858				329		86
	Kaiyuan Shengrong		(1	)	(f)			—				325		341
	Ruituo		(3	)	(e)			549,195				557,614		234,781
	Ruituo		(3	)	(f)			2,446				896		384
	Beiguo Auto		(5	)	(e)			39,361				3,025		—
	Beiguo Auto		(5	)	(f)			1,685				21		—
	Xinji Beiguo Mall		(5	)	(e)			105,066				9,168		—
	Xinji Beiguo Mall		(5	)	(f)			4,634				61		—
	Hebei Ruijie Hotel Management Company		(1	)	(g)			949				—		—
	Hebei Ruijie Hotel Management Company		(1	)	(f)			128				—		—
	Yuanshi County Natural Gas Sales Company		(3	)	(i)			857				—		—
	Yuanshi County Natural Gas Sales Company		(3	)	(e)			2,074				—		—
	Yuanshi County Natural Gas Sales Company		(3	)	(j)			23				—		—
	Yuanshi County Natural Gas Sales Company		(3	)	(k)			190				—		—
	Yuanshi County Natural Gas Sales Company		(3	)	(l)			3				—		—

NOTE_21_VARIABLE_INTEREST_ENTI1

NOTE 21. VARIABLE INTEREST ENTITIES (Tables)	12 Months Ended
	Dec. 31, 2014
Notes to Financial Statements
Schedule of Variable Interest Entities		December 31,
		2014			2013
	Total assets	$	458,794		$	407,289
	Total liabilities		271,099			212,469
		Years Ended December 31,
		2014			2013		2012
	Revenues	$	43,408		$	39,675	$	34,946
	Net (loss) income		(8,467	)		4,082		4,786

NOTE_22_CONDENSED_PARENT_COMPA1

NOTE 22. CONDENSED PARENT COMPANY FINANCIAL INFORMATION OF AUTOCHINA INTERNATIONAL LIMITED (Tables) (AUTOCHINA INTERNATIONAL LIMITED)	12 Months Ended
	Dec. 31, 2014
AUTOCHINA INTERNATIONAL LIMITED
Condensed Balance Sheets		December 31,
		2014			2013
	Assets
	Cash and cash equivalents	$	118		$	96
	Prepaid expenses and other current assets		8			17
	Investment in subsidiaries		191,786			176,628
	Due from subsidiaries		71,774			76,607
	Total assets	$	263,686		$	253,348
	Liabilities
	Other payables and accrued liabilities	$	634		$	543
	Shareholders’ equity
	Ordinary shares - $0.001 par value authorized – 1,000,000,000 shares; issued and outstanding – 23,549,644 shares at December 31, 2014, respectively; and $0.001 par value authorized – 100,000,000 shares; issued and outstanding – 23,545,939 shares at December 31, 2013, respectively		24			24
	Additional paid-in capital		328,884			327,631
	Accumulated losses		(96,496	)		(106,662	)
	Accumulated other comprehensive income		30,640			31,812
	Total shareholders’ equity		263,052			252,805
	Total liabilities and shareholders’ equity	$	263,686		$	253,348
Condensed Statement of Operations		Years ended December 31,
		2014			2013			2012
	Equity in profit of subsidiaries	$	16,330		$	16,125		$	29,630
	General and administrative expenses		2,168			4,620			6,140
	Litigation expense		4,350			—			—
	Other income		(354	)		(323	)		(59	)
	Total operating expenses		6,164			4,297			6,081
	Income from operations		10,166			11,828			23,549
	Net income	$	10,166		$	11,828		$	23,549
Condensed Statement of Cash flows		December 31,
		2014			2013			2012
	Net cash and cash equivalents (used in) provided by operating activities	$	(4,811	)	$	(643	)	$	83,799
	Net cash and cash equivalents provided by investing activities		4,833			644			7,543
	Net cash and cash equivalents used in financing activities		—			—			(91,327	)
	Cash and cash equivalents, beginning of the year		96			95			80
	Cash and cash equivalents, end of the year	$	118		$	96		$	95

NOTE_23_CREDIT_QUALITY_OF_FINA1

NOTE 23. CREDIT QUALITY OF FINANCING RECEIVABLES AND ALLOWANCE FOR CREDIT LOSSES (Tables)	12 Months Ended
	Dec. 31, 2014
Receivables [Abstract]
Allowance for Credit Losses on Financing Receivables		December 31,
		2014			2013
	Balance at the beginning of the year	$	21,280		$	12,337
	Provision during the year		13,599			18,886
	Bad debts written off		(4,820	)		(9,943	)
	Balance at the end of the year	$	30,059		$	21,280
Carrying amount of the performing and non-performing finance receivables	The carrying amount of the past due and undue finance receivables as of December 31, 2014 and 2013 were as follows:
	December 31, 2014	Undue			Past due			Total carrying
								amount
	Long-term net investment in direct financing and sales-type leases	$	345,154		$	—		$	345,154
	Short-term net investment in sales-type leases		56,975			—			56,975
	Other financing receivables		49,288			—			49,288
	Accounts receivables, net		2,496			26,419			28,915
		$	453,913		$	26,419		$	480,332
	December 31, 2013	Undue			Past due			Total carrying
								amount
	Long-term net investment in direct financing and sales-type leases	$	390,099		$	—		$	390,099
	Short-term net investment in sales-type leases		—			—			—
	Other financing receivables		—			—			—
	Accounts receivables, net		2,988			24,943			27,931
		$	393,087		$	24,943		$	418,030
Impaired Financing Receivables
	December 31, 2014	Gross amount			Allowance for			Total carrying
					credit losses			amount
	Long-term net investment in direct financing and sales-type leases	$	1,072		$	22		$	1,050
	Accounts receivables		41,728			29,074			12,654
		$	42,800		$	29,096		$	13,704
	December 31, 2013	Gross amount			Allowance for			Total carrying
					credit losses			amount
	Long-term net investment in direct financing and sales-type leases	$	6,414		$	389		$	6,025
	Accounts receivables		39,036			20,891			18,145
		$	45,450		$	21,280		$	24,170
Age analysis of overdue receivables		December 31,
		2014			2013
	Less than 90 days	$	17,180		$	23,504
	Over 90 days		40,809			22,330
			57,989			45,834
	Less: allowance for credit losses		(29,074	)		(20,891	)
	Total	$	28,915		$	24,943

2_BASIS_OF_PRESENTATION_AND_SU

2. BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Average exchange rates for year | Renminbi
Exchange rate at year end	611.90%	609.69%	628.55%
Average exchange rates for year | Hong Kong dollars
Exchange rate at year end	614.43%	619.83%	631.14%
Renminbi
Exchange rate at year end	775.67%	775.46%	775.22%
Hong Kong dollars
Exchange rate at year end	775.56%	775.73%	775.75%

NOTE_2_Estimated_useful_lives_

NOTE 2. Estimated useful lives of property, equipment and leasehold improvements (Details)	12 Months Ended
	Dec. 31, 2014
Buildings
Useful life	40 years
Equipment
Useful life	5B -B 10B years
Furniture and fixtures
Useful life	5B -B 10B years
Company automobiles
Useful life	3B -B 5B years
Leasehold improvements
Useful life	Shorter of the remaining lease terms and estimated useful lives

2_BASIS_OF_PRESENTATION_AND_SU1

2. BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details 2) (USD $)	12 Months Ended
In Thousands, except Share data, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Basis Of Presentation And Summary Of Significant Accounting Policies Details 2
Net income	$10,166	$11,828	$23,549
Weighted average number of common shares outstanding b Basic	23,549,112	23,540,761	23,538,919
Stock options	$291,532	$265,433
Weighted average number of common shares outstanding b Diluted	23,840,644	23,806,194	23,762,378
EarningsB per share
Basic	$0.43	$0.50	$1
Diluted	$0.43	$0.50	$0.99

NOTE_3_Summary_of_accounts_rec

NOTE 3. Summary of accounts receivable (Details) (USD $)	Dec. 31, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Receivables [Abstract]
Long-term net investment in direct financing and sales-type leases	$53,858	$44,062
Short-term net investment in direct financing and sales-type leases	381	0
Receivable From Value Added Services	1,912	2,700
Receivable from insurance commissions	1,838	2,060
Less: Allowance for doubtful accounts	-29,074	-20,891
Total	$28,915	$27,931

NOTE_4_Summary_of_inventories_

NOTE 4. Summary of inventories (Details) (USD $)	Dec. 31, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Inventory Disclosure [Abstract]
Commercial vehicles	$4,399	$4,716
Parts and accessories	347	603
Total	$4,746	$5,319

NOTE_5_Summary_of_prepaid_expe

NOTE 5. Summary of prepaid expenses and other current assets (Details) (USD $)	Dec. 31, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Deposits for inventories	$0	$26
Temporary advances to employees	302	166
Prepaid rent	1,217	1,534
Prepaid other taxes	701	252
Prepaid fuel charges	17	30
Prepaid insurance	1,190	1,485
Other current assets	2,093	1,768
Total	$5,520	$5,261

NOTE_6_OTHER_FINANCING_RECEIVA2

NOTE 6. OTHER FINANCING RECEIVABLES (Details) (USD $)	Dec. 31, 2014	Dec. 31, 2013
Note 6. Other Financing Receivables Details
Minimum financing payments receivable	$50,175	$0
Less: Allowance for doubtful accounts	-374	0
Net minimum financing payments receivable	49,801	0
Less: unearned interest income	-1,295	0
Other financing receivables	$48,506	$0

NOTE_7_Components_of_the_net_i

NOTE 7. Components of the net investment in direct financing and sales-type leases (Details) (USD $)	Dec. 31, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Leases [Abstract]
Minimum lease payments receivable	$58,976
Less: Allowance for doubtful accounts	-590
Net minimum lease payments receivable	58,386
Less: unearned interest income	-1,411
Short-term net investment in sales-type leases	$56,975	$390,099

NOTE_7_NET_INVESTMENT_IN_DIREC

NOTE 7. NET INVESTMENT IN DIRECT FINANCING AND SALES-TYPE LEASES (Details Narrative)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013
Note 7. Net Investment In Direct Financing And Sales-type Leases Details Narrative
Term Of Lease	1 year
Capital Leases Net Investment In Direct Financing and Sales Type Leases Effective Interest Rate		5.71%

8_NET_INVESTMENT_IN_DIRECT_FIN

8. NET INVESTMENT IN DIRECT FINANCING AND SALES-TYPE LEASES - future minimum lease payments (Details) (USD $)	Dec. 31, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Net Investment In Direct Financing And Sales-type Leases - Future Minimum Lease Payments Details
Minimum lease payments receivable	$373,054	$428,314
Less: Allowance for doubtful accounts	-22	-389
Net minimum lease payments receivable	373,032	427,925
Less: unearned interest income	-27,879	-37,826
Net investment in direct financing and sales-type leases	59,170	128,415
Less: Current maturities of net investment in direct financing and sales-type leases	-285,983	-261,684
Net investment in direct financing and sales-type leases, net of current maturities	$59,170	$128,415

8_NET_INVESTMENT_IN_DIRECT_FIN1

8. NET INVESTMENT IN DIRECT FINANCING AND SALES-TYPE LEASES - future minimum lease payments (Details 1) (USD $)	Dec. 31, 2014
In Thousands, unless otherwise specified
Net Minimum lease payments receivable	$373,032
Less: unearned interest income	-27,879
Net investment in direct financing and sales-type leases	345,153
Year 2015
Net Minimum lease payments receivable	311,186
Less: unearned interest income	-25,203
Net investment in direct financing and sales-type leases	285,983
Year 2016
Net Minimum lease payments receivable	61,824
Less: unearned interest income	-2,676
Net investment in direct financing and sales-type leases	59,148
Year 2017
Net Minimum lease payments receivable	22
Less: unearned interest income	0
Net investment in direct financing and sales-type leases	$22

NOTE_9_Summary_of_property_equ

NOTE 9. Summary of property, equipment and leasehold improvements (Details) (USD $)	Dec. 31, 2014	Dec. 31, 2013
Note 9. Summary Of Property Equipment And Leasehold Improvements Details
Buildings and leasehold improvements	$75,658	$74,855
Furniture and fixtures	7,556	6,912
Equipment	6,215	6,238
Company automobiles	1,619	1,721
Total	91,048	89,726
Less: accumulated depreciation and amortization	-10,896	-7,472
Property, equipment and leasehold improvements, net	$80,152,000	$82,254,000

9_PROPERTY_EQUIPMENT_AND_LEASE

9. PROPERTY, EQUIPMENT AND LEASEHOLD IMPROVEMENTS, NET - Investment in property on operating leases (Details) (USD $)	Dec. 31, 2014	Dec. 31, 2013
Investment in property on operating leases	$68,252	$67,539
Less: Accumulated depreciation	-3,270	-1,263
Total	64,982	66,276
Buildings and leasehold improvements
Investment in property on operating leases	62,983	62,250
Equipment
Investment in property on operating leases	$5,269	$5,289

NOTE_10_Schedule_of_Other_paya

NOTE 10. Schedule of Other payables and accrued liabilities (Details) (USD $)	Dec. 31, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Payables and Accruals [Abstract]
Accrued expenses	$2,564	$2,139
Business and other tax payables	6,666	7,108
Salary payable	2,017	2,715
Temporary receipt of insurance premium	126	149
Temporary receipt of insurance claims	1,362	1,326
Deposits received	4,331	2,220
Interest payable	498	356
Other current liabilities	2,557	1,133
Total	$20,121	$17,146

NOTE_11_Summary_of_shortterm_b

NOTE 11. Summary of short-term borrowings (Details) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013
Debt Disclosure [Abstract]
Short Term Bank Loans Weighted Average Interest Rate	7.00%	6.50%
Total, Weighted-average interest rate	7.00%	6.50%
Short-term bank loans, Maturities	June 2015 to November 2015	June 2015 to November 2015
Short-term bank loans	$155,342	$160,737
Total	$155,342	$160,737

NOTE_11_Summary_of_current_por

NOTE 11. Summary of current portion of long-term borrowings (Details) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013
Note 11. Summary Of Current Portion Of Long-term Borrowings Details
Long-term bank loans, current portion, Weighted Average Interest Rate	6.77%
Total, Weighted-average interest rate	6.77%
Long-term bank loans, current portion, Maturities	February 2015 to August 2015	February 2015 to August 2015
Short-term bank loans	$2,451
Total	$2,451

NOTE_11_Summary_of_longterm_bo

NOTE 11. Summary of long-term borrowings (Details) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014
Note 11. Summary Of Long-term Borrowings Details
Long-term bank loans, Weighted Average Interest Rate	6.77%
Total, Weighted-average interest rate	6.77%
Long-term bank loans, Maturities	Aug-16
Short-term bank loans	$14,708
Total	$14,708

NOTE_11_THIRD_PARTY_BORROWINGS2

NOTE 11. THIRD PARTY BORROWINGS (Details Narrative) (USD $)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013
Note 11. Third Party Borrowings Details Narrative
Weighted average short-term bank loans	$166,371	$118,217
Property, equipment and leasehold improvements pledged as collateral	43,321	20,392
Investment in direct financing and sales-type lease receivables pledged as collateral	330,873	341,480
Accounts receivable pledged as collateral	$9,358	$6,598

12_LONGTERM_PAYABLES_Net_longt

12. LONG-TERM PAYABLES - Net long-term payables (Details) (USD $)	Dec. 31, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Long-term Payables - Net Long-term Payables Details
Security deposits from customers	$9,102	$8,955
Amounts due under mortgage financing arrangement, net of current portion	0	902
Net long-term payables	$9,102	$9,857

12_LONGTERM_PAYABLES_Security_

12. LONG-TERM PAYABLES - Security deposits (Details) (USD $)	Dec. 31, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Long-term Payables - Security Deposits Details
Security deposits from customers	$9,102	$8,955
Security deposits from customers due back to customer 2015	4,237
Security deposits from customers due back to customer 2016	4,861
Security deposits from customers due back to customer 2017	$4

12_LONGTERM_PAYABLES_Longterm_

12. LONG-TERM PAYABLES - Long-term payables from the mortgage financing arrangement (Details) (USD $)	Dec. 31, 2014	Dec. 31, 2013
Long-term Payables - Long-term Payables From Mortgage Financing Arrangement Details
Total amounts due under mortgage financing arrangement	$924	$2,498
Less: Unrealized interest expense	-25	-160
Net amounts due under mortgage financing arrangement	899	2,338
Amounts due under mortgage financing arrangement, current	-899	-1,436
Amounts due under mortgage financing arrangement, non-current	$0	$902

12_LONGTERM_PAYABLES_Future_am

12. LONG-TERM PAYABLES - Future amounts due under the mortgage financing arrangement (Details) (USD $)	Dec. 31, 2014	Dec. 31, 2013
Amounts due under mortgage financing arrangement	$924	$2,498
Less: Unrealized interest expense	-25	-160
Total amounts due under mortgage financing arrangement	899	2,338
Year 2017
Amounts due under mortgage financing arrangement	924
Less: Unrealized interest expense	-25
Total amounts due under mortgage financing arrangement	899
Year 2015
Amounts due under mortgage financing arrangement	0
Less: Unrealized interest expense	0
Total amounts due under mortgage financing arrangement	$0

NOTE_13_Schedule_of_Components

NOTE 13. Schedule of Components of Income Tax Expense (Benefit) (Details) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Income Tax Disclosure [Abstract]
Current	$10,731	$17,533	$13,296
Deferred	-5,189	-11,811	-4,181
Total	$5,542	$5,722	$9,115

NOTE_13_Schedule_of_Deferred_T

NOTE 13. Schedule of Deferred Tax Assets and Liabilities (Details) (USD $)	Dec. 31, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Current Deferred income tax assets:
Provision for doubtful accounts	$7,531	$5,334
Accrued liabilities	1,604	907
Tax loss carry forward	1,470	715
Other temporary differences	455	598
Deferred income tax assets - current	11,060	7,554
Current Deferred income tax liabilities:
Unearned income	-2,309	-2,039
Net deferred income tax liabilities	8,751	5,515
Non-current Deferred income tax assets:
Accrued liabilities	1,773	1,789
Tax loss carry forward	4,411	2,145
Others	0	192
Deferred income tax assets - non-current	6,184	4,126
Non current Deferred income tax liabilities:
Unearned income	-104	0
Deferred income tax assets - non-current	$6,080	$4,126

NOTE_13_Schedule_of_Effective_

NOTE 13. Schedule of Effective Income Tax Rate Reconciliation (Details)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Income Tax Disclosure [Abstract]
Statutory rate	25.00%	25.00%	25.00%
Non-deductible expenses	11.70%	7.20%	4.90%
Non-taxable income	-2.20%	-2.00%	-1.10%
Effect of rate differences in various tax jurisdictions	-0.50%	2.40%	-0.90%
Effective tax rate	34.00%	32.60%	27.90%

NOTE_13_INCOME_TAXES_Details_N

NOTE 13. INCOME TAXES (Details Narrative) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014
Note 13. Income Taxes Details Narrative
Operating Loss Carryforwards	$23,528
Operating Loss Carryforwards, Expiration Dates	31-Dec-17

NOTE_14_Stock_options_valuatio

NOTE 14. Stock options valuation assumption (Details)	12 Months Ended
	Dec. 31, 2014
Option 1
Date of Grant	3-Sep-09
Dividend yield	0.00%
Risk - free interest rate	2.95%
Volatility	47.00%
Expected Life (in years)	6 years 29 days
Option 2
Date of Grant	3-Dec-09
Dividend yield	0.00%
Risk - free interest rate	2.87%
Volatility	42.00%
Expected Life (in years)	6 years 29 days
Option 3
Date of Grant	19-May-10
Dividend yield	0.00%
Risk - free interest rate	2.82%
Volatility	43.00%
Expected Life (in years)	6 years 29 days
Option 4
Date of Grant	19-Aug-10
Dividend yield	0.00%
Risk - free interest rate	2.06%
Volatility	46.00%
Expected Life (in years)	6 years 29 days
Option 5
Date of Grant	23-Mar-11
Dividend yield	0.00%
Risk - free interest rate	2.73%
Volatility	60.00%
Expected Life (in years)	6 years 29 days

NOTE_14_Assumptions_under_bino

NOTE 14. Assumptions under binomial model to estimate the fair value of options (Details)	12 Months Ended
	Dec. 31, 2014
Options A
Date of Grant	3-Dec-09
Dividend yield	0.00%
Risk - free interest rate	1.08%
Volatility	40.00%
Expected Life (in years)	7 years 3 months 18 days
Options B
Date of Grant	19-May-10
Dividend yield	0.00%
Risk - free interest rate	1.17%
Volatility	40.00%
Expected Life (in years)	7 years 9 months 18 days
Options C
Date of Grant	19-Aug-10
Dividend yield	0.00%
Risk - free interest rate	1.23%
Volatility	40.00%
Expected Life (in years)	8 years
Options D
Date of Grant	23-Mar-11
Dividend yield	0.00%
Risk - free interest rate	1.30%
Volatility	40.00%
Expected Life (in years)	8 years 7 months 6 days

NOTE_14_Summary_of_outstanding

NOTE 14. Summary of outstanding options (Details) (USD $)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Exercise Price Per Share, minimum	$9.50
Exercise Price Per Share, maximum	$14.50
Options Outstanding, Ending	1,514,056	1,515,376	1,560,629	1,623,704
Weighted Average Fair Value	$4.77
Weighted Average Remaining Life (Years)	5 years 18 days	7 years 14 days	8 years 14 days
Options Exercisable, Ending	1,509,556
Weighted Average Exercise Price	$12.36

NOTE_14_Summary_of_stock_optio

NOTE 14. Summary of stock option activity (Details) (USD $)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Options Outstanding, beginning	1,515,376	1,560,629	1,623,704
Options Exercised		-29,250
Options Forfeited	-1,320	-16,003	-63,075
Options Outstanding, Ending	1,514,056	1,515,376	1,560,629
Weighted Average Exercise Price, Beginning	$12.37	$12.35	$19.67
Weighted Average Exercise Price, Options Exercised		$9.50
Weighted Average Exercise Price, Options Forfeited	$14.50	$12.25	$13.66
Weighted Average Exercise Price, Ending	$12.37	$12.37	$12.35
Weighted Average Remaining Life (Years)	5 years 18 days	7 years 14 days	8 years 14 days
Aggregate Intrinsic Value, Beginning	$11,563	$13,501	$7,841
Aggregate Intrinsic Value, Ending	$11,560	$11,563	$13,501

NOTE_14_Summary_of_unvested_op

NOTE 14. Summary of unvested options (Details) (USD $)	12 Months Ended
	Dec. 31, 2014
Number of Shares
Unvested on January 1, 2014	81,902
Vested	-76,082
Forfeited or exercised	-1,320
Unvested on December 31, 2014	4,500
Expected to vest thereafter	4,500
Weighted Average Fair Value
Unvested on January 1, 2014	$5.46
Vested	$5.41
Forfeited	$4.10
Unvested on December 31, 2014	$6.59
Expected to vest thereafter, Weighted Average Fair Value	$6.59

NOTE_14_STOCKBASED_COMPENSATIO2

NOTE 14. STOCK-BASED COMPENSATION (Details Narrrative) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Note 14. Stock-based Compensation Details Narrrative
Share based compensation expense	$1,253	$3,775	$4,553
Unrecognized compensation expense	$575
Unrecognized compensation expense, Period for Recognition	2 months 5 days

NOTE_16_FUTURE_MINIMUM_RENTAL_

NOTE 16. FUTURE MINIMUM RENTAL INCOME UNDER OPERATING LEASES (Details) (USD $)	Dec. 31, 2014
In Thousands, unless otherwise specified
Commitments and Contingencies Disclosure [Abstract]
2014	$8,822
2015	6,483
2016	2,253
Later years	0
Total	$17,558

17_COMMITMENTS_AND_CONTINGENCI

17. COMMITMENTS AND CONTINGENCIES (Details) (USD $)	Dec. 31, 2014
Future Minimum Payments, Year Ending December 31
2015	$617
2016	576
2017	169
2018	35
2019	0
After 2019	0
Total	$1,397

NOTE_17_COMMITMENTS_AND_CONTIN2

NOTE 17. COMMITMENTS AND CONTINGENCIES (Details Narrative) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Note 17. Commitments And Contingencies Details Narrative
Operating Leases, Rent Expense	$2,998	$3,257	$2,921

NOTE_18_PROFIT_APPROPRIATION_D

NOTE 18. PROFIT APPROPRIATION (Details Narrative) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Note 18. Profit Appropriation Details Narrative
Appropriations for the general reserve funds and statutory surplus fund	$3,275	$5,950	$3,981

19_SEGMENT_REPORTING_Segment_r

19. SEGMENT REPORTING - Segment reporting (Details) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Segment Revenues	$813,448	$658,128	$333,112
Cost of Sales	725,848	584,633	244,290
Gross Profit	87,600	73,495	88,822
Selling and marketing	10,718	10,262	10,126
General and administrative	46,598	49,927	41,951
Litigation expense	4,350	9,597
Interest expense	22,755	-13,435
Other (income), net	-12,361	-13,435	-7,101
Income (loss) from operations	15,540	17,144	32,356
Interest income	-168	-406	-308
Depreciation and amortization	3,926	3,289	1,902
Segment Income (loss) before taxes	15,708	17,550	32,664
Commercial Vehicles
Segment Revenues	808,511	657,627
Cost of Sales	723,316	583,273
Gross Profit	85,195	74,354
Selling and marketing	10,383	10,056
General and administrative	44,366	48,763
Litigation expense	4,350	9,597
Interest expense	22,627	-13,435
Other (income), net	-12,314
Income (loss) from operations	15,783	19,373
Interest income	-164	-404
Depreciation and amortization	1,919	2,046
Segment Income (loss) before taxes	15,947	19,775
Office Leasing
Segment Revenues	4,937	501
Cost of Sales	2,532	1,360
Gross Profit	2,405	-859
Selling and marketing	335	206
General and administrative	2,232	1,164
Litigation expense	0	0
Interest expense	128	0
Other (income), net	-47
Income (loss) from operations	-243	-2,229
Interest income	-4	-2
Depreciation and amortization	2,007	1,243
Segment Income (loss) before taxes	($239)	($2,225)

19_SEGMENT_REPORTING_Details_N

19. SEGMENT REPORTING (Details Narrative) (USD $)	Dec. 31, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Assets	$612,645	$553,119
Office Leasing
Assets	93,406	78,658
Commercial vehicle sales, servicing, leasing and support segment
Assets	$519,239	$474,461

NOTE_20_RELATED_PARTY_BALANCES2

NOTE 20. RELATED PARTY BALANCES AND TRANSACTIONS (Details) (Xinji Beiguo Mall, USD $)	Dec. 31, 2014
Xinji Beiguo Mall
Prepaid expenses, related party	$50

NOTE_20_RELATED_PARTY_BALANCES3

NOTE 20. RELATED PARTY BALANCES AND TRANSACTIONS (Details 1) (USD $)	Dec. 31, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Other financing receivables, net, related party	$480,332	$418,030
Yuanshi County Natural Gas Sales Company
Other financing receivables, net, related party	$782

NOTE_20_Due_tofrom_Affiliates_

NOTE 20. Due to/from Affiliates (Details) (USD $)	Dec. 31, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Due to affiliates	$25,644	$38,143
Mr. Li
Due to affiliates	144	144
Alliance Rich
Due to affiliates	3,917	32,560
Hebei Kaiyuan
Due to affiliates	5,807	5,430
Smart Success
Due to affiliates	9	9
Hebei Ruijie Hotel Management Company
Due to affiliates	15,690
Yuanshi County Natural Gas Sales Company
Due to affiliates	$77

NOTE_20_Schedule_of_Account_Pa

NOTE 20. Schedule of Account Payable, related parties (Details) (USD $)	Dec. 31, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Accounts Payable, Related Parties	$108,211	$57,586
Ruituo
Accounts Payable, Related Parties	66,633	45,024
Beiguo Auto
Accounts Payable, Related Parties	16,978	3,116
Xinji Beiguo Mall
Accounts Payable, Related Parties	$24,600	$9,446

NOTE_21_Schedule_of_Variable_I

NOTE 21. Schedule of Variable Interest Entities (Details) (USD $)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Notes to Financial Statements
Total assets	$458,794	$407,289
Total liabilities	271,099	212,469
Revenues	43,408	39,675	34,946
Net income	($8,467)	$4,082	$4,786

NOTE_22_Condensed_Balance_Shee

NOTE 22. Condensed Balance Sheets (Details) (USD $)	Dec. 31, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Assets
Cash and cash equivalents	$26,027	$31,370
Prepaid expenses and other current assets	5,520	5,261
Total assets	612,645	553,119
Shareholders' equity
Ordinary shares - $0.001 par value authorized - 1,000,000,000 shares; issued and outstanding - 23,549,644 shares at December 31, 2014, respectively; and $0.001 par value authorized - 100,000,000 shares; issued and outstanding - 23,545,939 shares at December 31, 2013, respectively	24	24
Accumulated losses	-122,718	-129,609
Accumulated other comprehensive income	30,640	31,812
Total equity	263,052	252,805
Total liabilities and stockholders' equity	612,645	553,119
AUTOCHINA INTERNATIONAL LIMITED
Assets
Cash and cash equivalents	118	96
Prepaid expenses and other current assets	8	17
Investment in subsidiaries	191,786	176,628
Due from subsidiaries	71,774	76,607
Total assets	263,686	253,348
Liabilities
Other payables and accrued liabilities	634	543
Shareholders' equity
Ordinary shares - $0.001 par value authorized - 1,000,000,000 shares; issued and outstanding - 23,549,644 shares at December 31, 2014, respectively; and $0.001 par value authorized - 100,000,000 shares; issued and outstanding - 23,545,939 shares at December 31, 2013, respectively	24	24
Additional paid-in capital	328,884	327,631
Accumulated losses	-96,496	-106,662
Accumulated other comprehensive income	30,640	31,812
Total equity	263,052	252,805
Total liabilities and stockholders' equity	$263,686	$253,348

NOTE_22_Condensed_Statement_of

NOTE 22. Condensed Statement of Operations (Details) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
General and administrative expenses	$46,598	$49,927	$41,951
Litigation expense	4,350	0	0
Interest expense	12,066	7,626	10,621
Total operating expenses	72,060	56,351	56,466
Income from operations	15,540	17,144	32,356
Net income (loss)	10,166	11,828	23,549
AUTOCHINA INTERNATIONAL LIMITED
Equity in profit of subsidiaries	16,330	16,125	29,630
General and administrative expenses	2,168	4,620	6,140
Litigation expense	4,350	0	0
Other income	-354	-323	-59
Total operating expenses	6,164	4,297	6,081
Income from operations	10,166	11,828	23,549
Net income (loss)	$10,166	$11,828	$23,549

NOTE_22_Condensed_Statement_of1

NOTE 22. Condensed Statement of Cash flows (Details) (AUTOCHINA INTERNATIONAL LIMITED, USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
AUTOCHINA INTERNATIONAL LIMITED
Net cash and cash equivalents (used in) provided by operating activities	($4,811)	($643)	$83,799
Net cash and cash equivalents provided by investing activities	4,833	644	7,543
Net cash and cash equivalents used in financing activities	0	0	-91,327
Cash and cash equivalents, beginning of the year	96	95	80
Cash and cash equivalents, end of the year	$118	$96	$95

NOTE_23_Allowance_for_Credit_L

NOTE 23. Allowance for Credit Losses on Financing Receivables (Details) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013
Receivables [Abstract]
Balance at the beginning of the period	$21,280	$12,337
Provision during the period	13,599	18,886
Bad debts written off	-4,820	-9,943
Balance at the end of the period	$30,059	$21,280

NOTE_23_Carrying_amount_of_the

NOTE 23. Carrying amount of the performing and non-performing finance receivables (Details) (USD $)	Dec. 31, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Long-term net investment in direct financing and sales-type leases	$56,975	$390,099
Short-term net investment in direct financing and sales-type leases	56,975	0
Other financing receivables	49,288	0
Accounts receivables, net	28,915	27,931
Total	480,332	418,030
Undue
Long-term net investment in direct financing and sales-type leases	345,154	390,099
Short-term net investment in direct financing and sales-type leases	56,975	0
Other financing receivables	49,288	0
Accounts receivables, net	2,496	2,988
Total	453,913	393,087
Past Due
Long-term net investment in direct financing and sales-type leases	0	0
Short-term net investment in direct financing and sales-type leases	0	0
Other financing receivables	0	0
Accounts receivables, net	26,419	24,943
Total	$26,419	$24,943

NOTE_23_Impaired_Financing_Rec

NOTE 23. Impaired Financing Receivables (Details) (USD $)	Dec. 31, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Impaired Financing Receivable, Gross Amount	$42,800	$45,450
Impaired Financing Receivable, Allowance For Credit Losses	29,096	21,280
Impaired Financing Receivable, Total Carrying Amount	13,704	24,170
Direct financing and sales-type leases
Impaired Financing Receivable, Gross Amount	1,072	6,414
Impaired Financing Receivable, Allowance For Credit Losses	22	389
Impaired Financing Receivable, Total Carrying Amount	1,050	6,025
Accounts Receivable
Impaired Financing Receivable, Gross Amount	41,728	39,036
Impaired Financing Receivable, Allowance For Credit Losses	29,074	20,891
Impaired Financing Receivable, Total Carrying Amount	$12,654	$18,145

NOTE_23_Age_analysis_of_overdu

NOTE 23. Age analysis of overdue receivables (Details) (USD $)	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
In Thousands, unless otherwise specified
Less: allowance for credit losses	$30,059	$21,280	$12,337
Total	480,332	418,030
Past Due
Less than 90 days	17,180	23,504
Over 90 days	40,809	22,330
Financing Receivable, Recorded Investment, Past Due	57,989	45,834
Less: allowance for credit losses	-29,074	-20,891
Total	$26,419	$24,943

NOTE_23_CREDIT_QUALITY_OF_FINA2

NOTE 23. CREDIT QUALITY OF FINANCING RECEIVABLES AND ALLOWANCE FOR CREDIT LOSSES (Details Narrative) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Note 23. Credit Quality Of Financing Receivables And Allowance For Credit Losses Details Narrative
Impaired Financing Receivable, with Related Allowance, Interest Income, Accrual Method	$3,985	$3,149	$4,032