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Segment information
 9 Months Ended
Sep. 30, 2015
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 the West Bay area of Grand Cayman Island pursuant to an exclusive license granted by the Cayman Islands government and also sells water to resort properties in Bali, Indonesia. The bulk segment supplies potable water to government utilities in Grand Cayman, The Bahamas and Belize under long-term contracts. The services segment develops, designs, constructs and sells desalination plants and provides desalination plant management and operating services to affiliated companies. Consistent with prior periods, the Company records all non-direct general and administrative expenses in its retail business segment and does not allocate any of these non-direct expenses to its other two business segments.
 
The accounting policies of the segments are consistent with those described in Note 2. 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, 2015
 
 
 
Retail
 
Bulk
 
Services
 
Total
 
Revenues
 
$
5,828,288
 
$
7,919,920
 
$
857,441
 
$
14,605,649
 
Cost of revenues
 
 
2,752,358
 
 
5,644,699
 
 
662,201
 
 
9,059,258
 
Gross profit
 
 
3,075,930
 
 
2,275,221
 
 
195,240
 
 
5,546,391
 
General and administrative expenses
 
 
2,633,121
 
 
357,995
 
 
401,499
 
 
3,392,615
 
Income (loss) from operations
 
$
442,809
 
$
1,917,226
 
$
(206,259)
 
 
2,153,776
 
Other income (expense), net
 
 
 
 
 
 
 
 
 
 
 
(302,603)
 
Net income
 
 
 
 
 
 
 
 
 
 
 
1,851,173
 
Income attributable to non-controlling interests
 
 
 
 
 
 
 
 
 
 
 
75,673
 
Net income attributable to Consolidated Water Co. Ltd. stockholders
 
 
 
 
 
 
 
 
 
 
$
1,775,500
 
 
Depreciation and amortization expenses for the three months ended September 30, 2015 for the retail, bulk and services segments were $600,099, $916,132 and $28,976, respectively. 
  
 
 
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 (expense), net
 
 
 
 
 
 
 
 
 
 
 
274,542
 
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, $783,244 and $22,474, respectively.  
 
 
 
Nine Months Ended September 30, 2015
 
 
 
Retail
 
Bulk
 
Services
 
Total
 
Revenues
 
$
18,116,111
 
$
24,489,509
 
$
1,151,810
 
$
43,757,430
 
Cost of revenues
 
 
8,400,744
 
 
16,727,592
 
 
1,159,836
 
 
26,288,172
 
Gross profit (loss)
 
 
9,715,367
 
 
7,761,917
 
 
(8,026)
 
 
17,469,258
 
General and administrative expenses
 
 
8,074,684
 
 
1,187,824
 
 
1,493,918
 
 
10,756,426
 
Income (loss) from operations
 
$
1,640,683
 
$
6,574,093
 
$
(1,501,944)
 
 
6,712,832
 
Other income (expense), net
 
 
 
 
 
 
 
 
 
 
 
(493,965)
 
Net income
 
 
 
 
 
 
 
 
 
 
 
6,218,867
 
Income attributable to non-controlling interests
 
 
 
 
 
 
 
 
 
 
 
294,006
 
Net income attributable to Consolidated Water Co. Ltd. stockholders
 
 
 
 
 
 
 
 
 
 
$
5,924,861
 
 
Depreciation and amortization expenses for the nine months ended September 30, 2015 for the retail, bulk and services segments were $1,804,767, $2,486,550 and $73,924, 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 (expense), 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, $2,349,656 and $79,922, respectively.
 
 
 
As of September 30, 2015
 
 
 
Retail
 
Bulk
 
Services
 
Total
 
Accounts receivable, net
 
$
2,403,794
 
$
7,016,228
 
$
494,512
 
$
9,914,534
 
Property plant and equipment, net
 
$
25,455,482
 
$
28,182,210
 
$
123,541
 
$
53,761,233
 
Construction in progress
 
$
1,719,832
 
$
809,329
 
$
-
 
$
2,529,161
 
Goodwill
 
$
1,170,511
 
$
2,328,526
 
$
-
 
$
3,499,037
 
Land held for development
 
$
-
 
$
-
 
$
20,558,424
 
$
20,558,424
 
Total assets
 
$
49,155,872
 
$
87,033,109
 
$
24,963,341
 
$
161,152,322
 
 
 
 
As of December 31, 2014
 
 
 
Retail
 
Bulk
 
Services
 
Total
 
Accounts receivable, net
 
$
2,521,008
 
$
8,399,999
 
$
852,737
 
$
11,773,744
 
Property plant and equipment, net
 
$
26,978,259
 
$
29,318,534
 
$
100,195
 
$
56,396,988
 
Construction in progress
 
$
902,656
 
$
997,360
 
$
-
 
$
1,900,016
 
Goodwill
 
$
1,170,511
 
$
2,328,526
 
$
-
 
$
3,499,037
 
Land held for development
 
$
-
 
$
-
 
$
20,558,424
 
$
20,558,424
 
Total assets
 
$
52,051,461
 
$
84,331,227
 
$
24,077,143
 
$
160,459,831