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Segment information
 12 Months Ended
Dec. 31, 2015
Segment Reporting [Abstract]  
Segment Reporting Disclosure [Text Block]
16. Segment information
 
The Company has three reportable segments: retail, bulk and services. The retail segment primarily 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 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 to third parties 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 costs 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 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.
 
 
 
Year Ended December 31, 2015
 
 
 
Retail
 
Bulk
 
Services
 
Total
 
Revenues
 
$
23,254,757
 
$
31,854,255
 
$
2,007,190
 
$
57,116,202
 
Cost of revenues
 
 
10,925,634
 
 
21,634,789
 
 
1,629,221
 
 
34,189,644
 
Gross profit (loss)
 
 
12,329,123
 
 
10,219,466
 
 
377,969
 
 
22,926,558
 
General and administrative expenses
 
 
10,713,687
 
 
1,605,943
 
 
2,138,864
 
 
14,458,494
 
Income (loss) from operations
 
$
1,615,436
 
$
8,613,523
 
$
(1,760,895)
 
 
8,468,064
 
Other income (expense), net
 
 
 
 
 
 
 
 
 
 
 
(542,570)
 
Net income
 
 
 
 
 
 
 
 
 
 
 
7,925,494
 
Income attributable to non-controlling interests
 
 
 
 
 
 
 
 
 
 
 
406,793
 
Net income attributable to Consolidated Water Co. Ltd. stockholders
 
 
 
 
 
 
 
 
 
 
$
7,518,701
 
 
Depreciation and amortization expenses for the year ended December 31, 2015 for the retail, bulk and services segments were $2,344,315, $3,389,717 and $102,901, respectively.
 
 
 
As of December 31, 2015
 
 
 
Retail
 
Bulk
 
Services
 
Total
 
Accounts receivable, net
 
$
2,261,141
 
$
6,231,626
 
$
1,036,249
 
$
9,529,016
 
Property plant and equipment, net
 
$
25,204,226
 
$
28,421,906
 
$
117,038
 
$
53,743,170
 
Construction in progress
 
$
1,860,050
 
$
68,560
 
$
-
 
$
1,928,610
 
Goodwill
 
$
1,170,511
 
$
2,328,526
 
$
-
 
$
3,499,037
 
Land held for development
 
$
-
 
$
-
 
$
20,558,424
 
$
20,558,424
 
Total assets
 
$
54,603,249
 
$
83,284,439
 
$
23,729,010
 
$
161,616,698
 
 
 
 
Year Ended December 31, 2014
 
 
 
Retail
 
Bulk
 
Services
 
Total
 
Revenues
 
$
24,104,932
 
$
39,201,011
 
$
2,253,135
 
$
65,559,078
 
Cost of revenues
 
 
11,944,071
 
 
27,919,249
 
 
2,580,260
 
 
42,443,580
 
Gross profit (loss)
 
 
12,160,861
 
 
11,281,762
 
 
(327,125)
 
 
23,115,498
 
General and administrative expenses
 
 
11,183,731
 
 
1,605,499
 
 
3,865,209
 
 
16,654,439
 
Income (loss) from operations
 
$
977,130
 
$
9,676,263
 
$
(4,192,334)
 
 
6,461,059
 
Other income, net
 
 
 
 
 
 
 
 
 
 
 
303,481
 
Net income
 
 
 
 
 
 
 
 
 
 
 
6,764,540
 
Income attributable to non-controlling interests
 
 
 
 
 
 
 
 
 
 
 
499,182
 
Net income attributable to Consolidated Water Co. Ltd. stockholders
 
 
 
 
 
 
 
 
 
 
$
6,265,358
 
 
Depreciation and amortization expenses for the year ended December 31, 2014 for the retail, bulk and services segments were $2,404,404, $3,196,912 and $102,396, respectively.
 
 
 
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
 
$
51,319,117
 
$
85,063,571
 
$
24,077,143
 
$
160,459,831
 
 
 
 
Year Ended December 31, 2013
 
 
 
Retail
 
Bulk
 
Services
 
Total
 
Revenues
 
$
23,018,498
 
$
39,960,220
 
$
843,413
 
$
63,822,131
 
Cost of revenues
 
 
10,956,904
 
 
28,279,088
 
 
1,080,260
 
 
40,316,252
 
Gross profit (loss)
 
 
12,061,594
 
 
11,681,132
 
 
(236,847)
 
 
23,505,879
 
General and administrative expenses
 
 
10,812,877
 
 
1,643,869
 
 
3,387,557
 
 
15,844,303
 
Income (loss) from operations
 
$
1,248,717
 
$
10,037,263
 
$
(3,624,404)
 
 
7,661,576
 
Other income, net
 
 
 
 
 
 
 
 
 
 
 
1,486,913
 
Net income
 
 
 
 
 
 
 
 
 
 
 
9,148,489
 
Income attributable to non-controlling interests
 
 
 
 
 
 
 
 
 
 
 
553,970
 
Net income attributable to Consolidated Water Co. Ltd. stockholders
 
 
 
 
 
 
 
 
 
 
$
8,594,519
 
 
Depreciation and amortization expenses for the year ended December 31, 2013 for the retail, bulk and services segments were $2,077,903, $3,281,231 and $292,335, respectively.
 
Revenues earned by major geographic region were:
 
 
 
Year ended December 31,
 
 
 
2015
 
2014
 
2013
 
Cayman Islands
 
$
32,735,215
 
$
35,040,803
 
$
31,164,165
 
Bahamas
 
 
21,062,081
 
 
26,702,605
 
 
29,192,529
 
Indonesia
 
 
368,012
 
 
471,919
 
 
144,030
 
Belize
 
 
2,422,547
 
 
2,596,410
 
 
2,536,780
 
Revenues earned from management services agreement with OC-BVI
 
 
528,347
 
 
747,341
 
 
784,627
 
 
 
$
57,116,202
 
$
65,559,078
 
$
63,822,131
 
 
Revenues earned from major customers were:
 
 
 
Year ended December 31,
 
 
 
2015
 
 
2014
 
 
2013
 
Revenues earned from the Water and Sewerage Corporation ("WSC")
 
$
20,770,347
 
 
$
26,376,520
 
 
$
28,861,195
 
Percentage of total revenues from the WSC
 
 
36
%
 
 
40
%
 
 
45
%
Revenues earned from the Water Authority - Cayman ("WAC")
 
$
8,369,627
 
 
$
9,901,996
 
 
$
8,230,912
 
Percentage of total revenues from the WAC
 
 
15
%
 
 
15
%
 
 
13
%
 
Property, plant and equipment, net by major geographic region were:
 
 
 
December 31,
 
 
 
2015
 
2014
 
Cayman Island operations
 
$
22,518,524
 
$
23,681,420
 
Bahamas operations
 
 
27,441,376
 
 
28,208,145
 
Belize operations
 
 
920,149
 
 
1,025,970
 
Indonesia operations
 
 
2,665,312
 
 
3,245,846
 
All other country operations
 
 
197,809
 
 
235,607
 
 
 
$
53,743,170
 
$
56,396,988