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Segment information
 3 Months Ended
Mar. 31, 2014
Segment Reporting [Abstract]  
Segment Reporting Disclosure [Text Block]
4. Segment information
 
The Company has three reportable segments: retail, bulk and services. The retail segment operates the water utility for the Seven Mile Beach and West Bay areas of Grand Cayman Island pursuant to an exclusive license granted by the Cayman Islands government. The retail segment also includes a retail water operation under development in Bali, Indonesia to sell water to resort properties. The bulk segment supplies potable water to government utilities in Grand Cayman, the Bahamas and Belize under long-term contracts. The services segment designs, constructs and sells desalination plants, and provides desalination plant management and operating services, to Company subsidiary and affiliated companies as well as third parties Consistent with prior periods, we record all non-direct general and administrative expenses in our retail business segment and do not allocate any of these non-direct expenses to our other two business segments.
 
The Company evaluates each segment’s performance based upon its income from operations. All intercompany transactions are eliminated for segment presentation purposes.
 
The Company’s segments are strategic business units that are managed separately because, while all segments derive their revenues from desalination-related activities, each segment sells different products and/or services, serves customers with distinctly different needs and generates different gross profit margins.
 
 
 
Three Months Ended March 31, 2014
 
 
 
Retail
 
Bulk
 
Services
 
Total
 
Revenues
 
$
6,112,961
 
$
9,959,736
 
$
275,913
 
$
16,348,610
 
Cost of revenues
 
 
2,931,376
 
 
7,111,545
 
 
335,264
 
 
10,378,185
 
Gross profit
 
 
3,181,585
 
 
2,848,191
 
 
(59,351)
 
 
5,970,425
 
General and administrative expenses
 
 
2,888,229
 
 
434,969
 
 
2,019,435
 
 
5,342,633
 
Income (loss) from operations
 
 
293,356
 
 
2,413,222
 
 
(2,078,786)
 
 
627,792
 
Other income, net
 
 
 
 
 
 
 
 
 
 
 
150,230
 
Consolidated net income
 
 
 
 
 
 
 
 
 
 
 
778,022
 
Income attributable to non-controlling interests
 
 
 
 
 
 
 
 
 
 
 
123,113
 
Net income attributable to Consolidated Water Co. Ltd. stockholders
 
 
 
 
 
 
 
 
 
 
$
654,909
 
  
Depreciation and amortization expenses for the three months ended March 31, 2014 for the retail, bulk and services segments were $633,273, $741,063 and $34,974, respectively.
  
 
 
As of March 31, 2014
 
 
 
Retail
 
Bulk
 
Services
 
Total
 
Property plant and equipment, net
 
$
26,182,394
 
$
31,037,689
 
$
661,006
 
$
57,881,089
 
Construction in progress
 
$
1,589,932
 
$
139,706
 
$
-
 
$
1,729,638
 
Goodwill
 
$
1,170,511
 
$
2,328,526
 
$
-
 
$
3,499,037
 
Investment in land
 
$
-
 
$
-
 
$
12,175,566
 
$
12,175,566
 
Total assets
 
$
57,542,305
 
$
86,054,918
 
$
16,156,972
 
$
159,754,195
 
 
 
 
Three Months Ended March 31, 2013
 
 
 
Retail
 
Bulk
 
Services
 
Total
 
Revenues
 
$
6,395,012
 
$
9,856,690
 
$
303,495
 
$
16,555,197
 
Cost of revenues
 
 
2,834,752
 
 
7,187,413
 
 
312,525
 
 
10,334,690
 
Gross profit
 
 
3,560,260
 
 
2,669,277
 
 
(9,030)
 
 
6,220,507
 
General and administrative expenses
 
 
2,631,510
 
 
408,247
 
 
529,179
 
 
3,568,936
 
Income (loss) from operations
 
 
928,750
 
 
2,261,030
 
 
(538,209)
 
 
2,651,571
 
Other income, net
 
 
 
 
 
 
 
 
 
 
 
1,212,116
 
Consolidated net income
 
 
 
 
 
 
 
 
 
 
 
3,863,687
 
Income attributable to non-controlling interests
 
 
 
 
 
 
 
 
 
 
 
121,684
 
Net income attributable to Consolidated Water Co. Ltd. stockholders
 
 
 
 
 
 
 
 
 
 
$
3,742,003
 
  
Depreciation and amortization expenses for the three months ended March 31, 2013 for the retail, bulk and services segments were $510,640, $764,516 and $73,181, respectively.
 
 
 
As of December 31, 2013
 
 
 
Retail
 
Bulk
 
Services
 
Total
 
Property plant and equipment, net
 
$
26,339,461
 
$
31,736,774
 
$
526,651
 
$
58,602,886
 
Construction in progress
 
$
1,181,628
 
$
98,807
 
$
169,982.00
 
$
1,450,417
 
Goodwill
 
$
1,170,511
 
$
2,328,526
 
$
-
 
$
3,499,037
 
Investment in land
 
$
-
 
$
-
 
$
12,175,566
 
$
12,175,566
 
Total assets
 
$
65,853,375
 
$
84,300,971
 
$
15,210,508
 
$
165,364,854