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Segment information
 9 Months Ended
Sep. 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 in Bali, Indonesia that sells 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 (loss) 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 September 30, 2014
 
 
 
Retail
 
Bulk
 
Services
 
Total
 
Revenues
 
$
5,936,623
 
$
9,905,723
 
$
1,178,710
 
$
17,021,056
 
Cost of revenues
 
 
2,945,756
 
 
7,113,039
 
 
1,261,946
 
 
11,320,741
 
Gross profit (loss)
 
 
2,990,867
 
 
2,792,684
 
 
(83,236)
 
 
5,700,315
 
General and administrative expenses
 
 
2,740,209
 
 
510,288
 
 
734,459
 
 
3,984,956
 
Income (loss) from operations
 
$
250,658
 
$
2,282,396
 
$
(817,695)
 
 
1,715,359
 
Other income, net
 
 
 
 
 
 
 
 
 
 
 
274,542
 
Consolidated net income
 
 
 
 
 
 
 
 
 
 
 
1,989,901
 
Income attributable to non-controlling interests
 
 
 
 
 
 
 
 
 
 
 
107,209
 
Net income attributable to Consolidated Water Co. Ltd. stockholders
 
 
 
 
 
 
 
 
 
 
$
1,882,692
 
 
Depreciation and amortization expenses for the three months ended  September 30, 2014 for the retail, bulk and services segments were $592,261, $738,405 and $22,474, respectively.  
   
 
 
Three Months Ended September 30, 2013
 
 
 
Retail
 
Bulk
 
Services
 
Total
 
Revenues
 
$
5,023,591
 
$
10,239,552
 
$
175,438
 
$
15,438,581
 
Cost of revenues
 
 
2,661,463
 
 
7,280,151
 
 
270,082
 
 
10,211,696
 
Gross profit (loss)
 
 
2,362,128
 
 
2,959,401
 
 
(94,644)
 
 
5,226,885
 
General and administrative expenses
 
 
2,656,217
 
 
372,812
 
 
1,279,822
 
 
4,308,851
 
Income (loss) from operations
 
$
(294,089)
 
$
2,586,589
 
$
(1,374,466)
 
 
918,034
 
Other income, net
 
 
 
 
 
 
 
 
 
 
 
132,465
 
Consolidated net income
 
 
 
 
 
 
 
 
 
 
 
1,050,499
 
Income attributable to non-controlling interests
 
 
 
 
 
 
 
 
 
 
 
141,809
 
Net income attributable to Consolidated Water Co. Ltd. stockholders
 
 
 
 
 
 
 
 
 
 
$
908,690
 
 
Depreciation and amortization expenses for the three months ended  September 30, 2013 for the retail, bulk and services segments were $536,229, $805,641 and $73,181, respectively.  
 
 
 
Nine Months Ended September 30, 2014
 
 
 
Retail
 
Bulk
 
Services
 
Total
 
Revenues
 
$
18,548,841
 
$
29,831,653
 
$
1,921,004
 
$
50,301,498
 
Cost of revenues
 
 
8,996,615
 
 
21,120,498
 
 
2,143,599
 
 
32,260,712
 
Gross profit (loss)
 
 
9,552,226
 
 
8,711,155
 
 
(222,595)
 
 
18,040,786
 
General and administrative expenses
 
 
8,471,730
 
 
1,270,661
 
 
3,366,359
 
 
13,108,750
 
Income (loss) from operations
 
 
1,080,496
 
 
7,440,494
 
 
(3,588,954)
 
 
4,932,036
 
Other income, net
 
 
 
 
 
 
 
 
 
 
 
742,425
 
Consolidated net income
 
 
 
 
 
 
 
 
 
 
 
5,674,461
 
Income attributable to non-controlling interests
 
 
 
 
 
 
 
 
 
 
 
377,167
 
Net income attributable to Consolidated Water Co. Ltd. stockholders
 
 
 
 
 
 
 
 
 
 
$
5,297,294
 
 
Depreciation and amortization expenses for the nine months ended  September 30, 2014 for the retail, bulk and services segments were $1,823,757, $2,215,141 and $79,922, respectively.
 
 
 
Nine Months Ended September 30, 2013
 
 
 
Retail
 
Bulk
 
Services
 
Total
 
Revenues
 
$
17,598,200
 
$
30,258,814
 
$
706,144
 
$
48,563,158
 
Cost of revenues
 
 
8,366,391
 
 
21,514,909
 
 
836,945
 
 
30,718,245
 
Gross profit (loss)
 
 
9,231,809
 
 
8,743,905
 
 
(130,801)
 
 
17,844,913
 
General and administrative expenses
 
 
7,966,975
 
 
1,136,021
 
 
2,369,553
 
 
11,472,549
 
Income (loss) from operations
 
 
1,264,834
 
 
7,607,884
 
 
(2,500,354)
 
 
6,372,364
 
Other income, net
 
 
 
 
 
 
 
 
 
 
 
1,557,060
 
Consolidated net income
 
 
 
 
 
 
 
 
 
 
 
7,929,424
 
Income attributable to non-controlling interests
 
 
 
 
 
 
 
 
 
 
 
424,882
 
Net income attributable to Consolidated Water Co. Ltd. stockholders
 
 
 
 
 
 
 
 
 
 
$
7,504,542
 
 
Depreciation and amortization expenses for the nine months ended  September 30, 2013 for the retail, bulk and services segments were $1,555,128, $2,337,766 and $219,544, respectively.
 
 
 
As of September 30, 2014
 
 
 
Retail
 
Bulk
 
Services
 
Total
 
Property plant and equipment, net
 
$
25,727,376
 
$
29,737,581
 
$
576,916
 
$
56,041,873
 
Construction in progress
 
 
1,862,644
 
 
997,758
 
 
-
 
 
2,860,402
 
Goodwill
 
 
1,170,511
 
 
2,328,526
 
 
-
 
 
3,499,037
 
Investment in land
 
 
-
 
 
-
 
 
20,557,353
 
 
20,557,353
 
Total assets
 
 
51,970,909
 
 
83,928,479
 
 
24,479,583
 
 
160,378,971
 
    
 
 
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