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Segment information
 6 Months Ended
Jun. 30, 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 procurement 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 June 30, 2014
 
 
 
Retail
 
Bulk
 
Services
 
Total
 
Revenues
 
$
6,499,257
 
$
9,966,194
 
$
466,381
 
$
16,931,832
 
Cost of revenues
 
 
3,119,483
 
 
6,895,914
 
 
546,389
 
 
10,561,786
 
Gross profit
 
 
3,379,774
 
 
3,070,280
 
 
(80,008)
 
 
6,370,046
 
General and administrative expenses
 
 
2,843,293
 
 
325,403
 
 
612,465
 
 
3,781,161
 
Income (loss) from operations
 
$
536,481
 
$
2,744,877
 
$
(692,473)
 
 
2,588,885
 
Other income, net
 
 
 
 
 
 
 
 
 
 
 
317,653
 
Consolidated net income
 
 
 
 
 
 
 
 
 
 
 
2,906,538
 
Income attributable to non-controlling interests
 
 
 
 
 
 
 
 
 
 
 
146,845
 
Net income attributable to Consolidated Water Co. Ltd. stockholders
 
 
 
 
 
 
 
 
 
 
$
2,759,693
 
 
Depreciation and amortization expenses for the three months ended June 30, 2014 for the retail, bulk and services segments were $598,223, $735,672 and $22,474, respectively.  
   
 
 
Three Months Ended June 30, 2013
 
 
 
Retail
 
Bulk
 
Services
 
Total
 
Revenues
 
$
6,179,597
 
$
10,162,572
 
$
227,211
 
$
16,569,380
 
Cost of revenues
 
 
2,870,175
 
 
7,047,346
 
 
254,338
 
 
10,171,859
 
Gross profit
 
 
3,309,422
 
 
3,115,226
 
 
(27,127)
 
 
6,397,521
 
General and administrative expenses
 
 
2,679,249
 
 
354,961
 
 
560,552
 
 
3,594,762
 
Income (loss) from operations
 
$
630,173
 
$
2,760,265
 
$
(587,679)
 
 
2,802,759
 
Other income, net
 
 
 
 
 
 
 
 
 
 
 
212,479
 
Consolidated net income
 
 
 
 
 
 
 
 
 
 
 
3,015,238
 
Income attributable to non-controlling interests
 
 
 
 
 
 
 
 
 
 
 
161,388
 
Net income attributable to Consolidated Water Co. Ltd. stockholders
 
 
 
 
 
 
 
 
 
 
$
2,853,850
 
 
Depreciation and amortization expenses for the three months ended June 30, 2013 for the retail, bulk and services segments were $508,259, $767,609 and $73,182, respectively.  
 
 
 
Six Months Ended June 30, 2014
 
 
 
Retail
 
Bulk
 
Services
 
Total
 
Revenues
 
$
12,612,218
 
$
19,925,930
 
$
742,294
 
$
33,280,442
 
Cost of revenues
 
 
6,050,859
 
 
14,007,459
 
 
881,653
 
 
20,939,971
 
Gross profit
 
 
6,561,359
 
 
5,918,471
 
 
(139,359)
 
 
12,340,471
 
General and administrative expenses
 
 
5,731,520
 
 
760,373
 
 
2,631,901
 
 
9,123,794
 
Income (loss) from operations
 
$
829,839
 
$
5,158,098
 
$
(2,771,260)
 
 
3,216,677
 
Other income, net
 
 
 
 
 
 
 
 
 
 
 
467,883
 
Consolidated net income
 
 
 
 
 
 
 
 
 
 
 
3,684,560
 
Income attributable to non-controlling interests
 
 
 
 
 
 
 
 
 
 
 
269,958
 
Net income attributable to Consolidated Water Co. Ltd. stockholders
 
 
 
 
 
 
 
 
 
 
$
3,414,602
 
 
Depreciation and amortization expenses for the six months ended June 30, 2014 for the retail, bulk and services segments were $1,231,496, $1,476,736 and $57,448, respectively.
 
 
 
Six Months Ended June 30, 2013
 
 
 
Retail
 
Bulk
 
Services
 
Total
 
Revenues
 
$
12,574,609
 
$
20,019,262
 
$
530,706
 
$
33,124,577
 
Cost of revenues
 
 
5,704,927
 
 
14,234,759
 
 
566,863
 
 
20,506,549
 
Gross profit
 
 
6,869,682
 
 
5,784,503
 
 
(36,157)
 
 
12,618,028
 
General and administrative expenses
 
 
5,310,759
 
 
763,208
 
 
1,089,731
 
 
7,163,698
 
Income (loss) from operations
 
$
1,558,923
 
$
5,021,295
 
$
(1,125,888)
 
 
5,454,330
 
Other income, net
 
 
 
 
 
 
 
 
 
 
 
1,424,595
 
Consolidated net income
 
 
 
 
 
 
 
 
 
 
 
6,878,925
 
Income attributable to non-controlling interests
 
 
 
 
 
 
 
 
 
 
 
283,072
 
Net income attributable to Consolidated Water Co. Ltd. stockholders
 
 
 
 
 
 
 
 
 
 
$
6,595,853
 
 
Depreciation and amortization expenses for the six months ended June 30, 2013 for the retail, bulk and services segments were $1,018,899, $1,532,125 and $146,363, respectively.
 
 
 
As of June 30, 2014
 
 
 
Retail
 
Bulk
 
Services
 
Total
 
Property plant and equipment, net
 
$
26,179,279
 
$
30,384,326
 
$
623,057
 
$
57,186,662
 
Construction in progress
 
 
1,457,884
 
 
1,001,549
 
 
-
 
 
2,459,433
 
Goodwill
 
 
1,170,511
 
 
2,328,526
 
 
-
 
 
3,499,037
 
Investment in land
 
 
-
 
 
-
 
 
20,558,424
 
 
20,558,424
 
Total assets
 
 
48,526,367
 
 
88,912,937
 
 
24,571,390
 
 
162,010,694
 
    
 
 
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
 
 
1,450,417
 
Goodwill
 
 
1,170,511
 
 
2,328,526
 
 
-
 
 
3,499,037
 
Investment in land
 
 
-
 
 
-
 
 
13,175,566
 
 
13,175,566
 
Total assets
 
 
65,853,375
 
 
84,300,971
 
 
15,210,508
 
 
165,364,854