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Loans receivable
 12 Months Ended
Dec. 31, 2014
Receivables [Abstract]  
Loans Receivable Disclosure [Text Block]
6. Loans receivable
 
 
 
December 31,
 
 
 
2014
 
2013
 
All loans receivable are due from the Water Authority Cayman and consisted of:
 
 
 
 
 
 
 
Two loans originally aggregating $10,996,290, bearing interest at 6.5% per annum, receivable in aggregate monthly installments of $124,827 to May 2019, and secured by the machinery and equipment of the North Side Water Works plant.
 
$
5,831,504
 
$
6,912,337
 
Two loans originally aggregating $1,738,000, bearing interest at 5% per annum, receivable in aggregate monthly installments of $24,565 to March 2014, and secured by the machinery and equipment of the North Sound plant.
 
 
-
 
 
73,084
 
Two loans originally aggregating $3,671,039, bearing interest at 6.5% per annum, receivable in aggregate monthly installments of $54,513 to June 2017, and secured by the machinery and equipment of the Red Gate plant.
 
 
1,505,673
 
 
2,042,858
 
Total loans receivable
 
 
7,337,177
 
 
9,028,279
 
Less current portion
 
 
1,726,310
 
 
1,691,102
 
Loans receivable, excluding current portion
 
$
5,610,867
 
$
7,337,177