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Segment information
 6 Months Ended
Jun. 30, 2016
Segment Reporting [Abstract]  
Segment Reporting Disclosure [Text Block]
5. 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 and 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 manufactures and services a wide range of water-related products and provides design, engineering, management, operating and other services applicable to commercial and municipal water production, water supply and treatment, and industrial water and wastewater treatment. The services segment includes the operations of Aerex beginning February 11, 2016. 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 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 water-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, 2016
 
 
 
Retail
 
Bulk
 
Services
 
Total
 
Revenues
 
$
6,292,833
 
$
7,441,061
 
$
1,664,741
 
$
15,398,635
 
Cost of revenues
 
 
2,685,316
 
 
4,813,261
 
 
1,307,679
 
 
8,806,256
 
Gross profit
 
 
3,607,517
 
 
2,627,800
 
 
357,062
 
 
6,592,379
 
General and administrative expenses
 
 
2,879,405
 
 
441,987
 
 
1,614,382
 
 
4,935,774
 
Income (loss) from operations
 
$
728,112
 
$
2,185,813
 
$
(1,257,320)
 
 
1,656,605
 
Other income (expense), net
 
 
 
 
 
 
 
 
 
 
 
418,837
 
Income before income taxes
 
 
 
 
 
 
 
 
 
 
 
2,075,442
 
Provision for (benefit from) income taxes
 
 
 
 
 
 
 
 
 
 
 
(170,393)
 
Net income
 
 
 
 
 
 
 
 
 
 
 
2,245,835
 
Income attributable to non-controlling interests
 
 
 
 
 
 
 
 
 
 
 
41,502
 
Net income attributable to Consolidated Water Co. Ltd. stockholders
 
 
 
 
 
 
 
 
 
 
$
2,204,333
 
 
Depreciation and amortization expenses for the three months ended June 30, 2016 for the retail, bulk and services segments were $559,369, $841,184 and $522,308, respectively.
 
 
 
Three Months Ended June 30, 2015
 
 
 
Retail
 
Bulk
 
Services
 
Total
 
Revenues
 
$
6,152,185
 
$
8,187,273
 
$
146,211
 
$
14,485,669
 
Cost of revenues
 
 
2,657,698
 
 
5,649,929
 
 
212,748
 
 
8,520,375
 
Gross profit (loss)
 
 
3,494,487
 
 
2,537,344
 
 
(66,537)
 
 
5,965,294
 
General and administrative expenses
 
 
2,733,877
 
 
412,465
 
 
515,232
 
 
3,661,574
 
Income (loss) from operations
 
$
760,610
 
$
2,124,879
 
$
(581,769)
 
 
2,303,720
 
Other income (expense), net
 
 
 
 
 
 
 
 
 
 
 
28,195
 
Net income
 
 
 
 
 
 
 
 
 
 
 
2,331,915
 
Income attributable to non-controlling interests
 
 
 
 
 
 
 
 
 
 
 
103,815
 
Net income attributable to Consolidated Water Co. Ltd. stockholders
 
 
 
 
 
 
 
 
 
 
$
2,228,100
 
 
Depreciation and amortization expenses for the three months ended June 30, 2015 for the retail, bulk and services segments were $598,079, $792,241 and $22,474, respectively. 
 
 
 
Six Months Ended June 30, 2016
 
 
 
Retail
 
Bulk
 
Services
 
Total
 
Revenues
 
$
12,263,071
 
$
14,706,354
 
$
2,463,982
 
$
29,433,407
 
Cost of revenues
 
 
5,314,990
 
 
9,423,585
 
 
1,925,422
 
 
16,663,997
 
Gross profit
 
 
6,948,081
 
 
5,282,769
 
 
538,560
 
 
12,769,410
 
General and administrative expenses
 
 
5,777,270
 
 
877,882
 
 
2,741,608
 
 
9,396,760
 
Income (loss) from operations
 
$
1,170,811
 
$
4,404,887
 
$
(2,203,048)
 
 
3,372,650
 
Other income (expense), net
 
 
 
 
 
 
 
 
 
 
 
808,394
 
Income before income taxes
 
 
 
 
 
 
 
 
 
 
 
4,181,044
 
Provision for (benefit from) income taxes
 
 
 
 
 
 
 
 
 
 
 
(243,662)
 
Net income
 
 
 
 
 
 
 
 
 
 
 
4,424,706
 
Income attributable to non-controlling interests
 
 
 
 
 
 
 
 
 
 
 
165,732
 
Net income attributable to Consolidated Water Co. Ltd. stockholders
 
 
 
 
 
 
 
 
 
 
$
4,258,974
 
   
Depreciation and amortization expenses for the six months ended June 30, 2016 for the retail, bulk and services segments were $1,147,095, $1,668,573 and $762,015, respectively.
  
 
 
Six Months Ended June 30, 2015
 
 
 
Retail
 
Bulk
 
Services
 
Total
 
Revenues
 
$
12,287,823
 
$
16,569,589
 
$
294,369
 
$
29,151,781
 
Cost of revenues
 
 
5,424,561
 
 
11,115,989
 
 
497,635
 
 
17,038,185
 
Gross profit (loss)
 
 
6,863,262
 
 
5,453,600
 
 
(203,266)
 
 
12,113,596
 
General and administrative expenses
 
 
5,632,292
 
 
829,829
 
 
1,092,419
 
 
7,554,540
 
Income (loss) from operations
 
$
1,230,970
 
$
4,623,771
 
$
(1,295,685)
 
 
4,559,056
 
Other income (expense), net
 
 
 
 
 
 
 
 
 
 
 
(191,362)
 
Net income
 
 
 
 
 
 
 
 
 
 
 
4,367,694
 
Income attributable to non-controlling interests
 
 
 
 
 
 
 
 
 
 
 
218,333
 
Net income attributable to Consolidated Water Co. Ltd. stockholders
 
 
 
 
 
 
 
 
 
 
$
4,149,361
 
 
Depreciation and amortization expenses for the six months ended June 30, 2015 for the retail, bulk and services segments were $1,204,668, $1,570,418 and $44,948, respectively.
 
 
 
As of June 30, 2016
 
 
 
Retail
 
Bulk
 
Services
 
Total
 
Accounts receivable, net
 
$
2,898,423
 
$
9,932,093
 
$
886,607
 
$
13,717,123
 
Property plant and equipment, net
 
$
25,181,966
 
$
26,882,617
 
$
2,186,971
 
$
54,251,554
 
Construction in progress
 
$
2,028,549
 
$
134,999
 
$
-
 
$
2,163,548
 
Intangibles, net
 
$
-
 
$
633,056
 
$
5,360,588
 
$
5,993,644
 
Goodwill
 
$
1,170,511
 
$
2,328,526
 
$
8,035,211
 
$
11,534,248
 
Land held for development
 
$
-
 
$
-
 
$
20,558,424
 
$
20,558,424
 
Total assets
 
$
52,576,719
 
$
72,115,646
 
$
41,109,643
 
$
165,802,008
 
 
 
 
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
 
Intangibles, net
 
$
-
 
$
666,152
 
$
105,659
 
$
771,811
 
Goodwill
 
$
1,170,511
 
$
2,328,526
 
$
-
 
$
3,499,037
 
Land held for development
 
$
-
 
$
-
 
$
20,558,424
 
$
20,558,424
 
Total assets
 
$
54,561,577
 
$
83,284,439
 
$
23,729,010
 
$
161,575,026