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Segment information
 3 Months Ended
Mar. 31, 2017
Segment Reporting [Abstract]  
Segment Reporting Disclosure [Text Block]
4. Segment information
 
The Company has four reportable segments: retail, bulk, services and manufacturing. 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 provides desalination plant management and operating services to affiliated companies and designs, constructs and sells desalination plants to third parties. The manufacturing segment manufactures and services a wide range of water-related products and provides design, engineering, management, operating and other services applicable to commercial, municipal and industrial water production, supply and treatment. The manufacturing 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 three 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 each segment sells different products and/or services, serves customers with distinctly different needs and generates different gross profit margins.
 
 
 
Three Months Ended March 31, 2017
 
 
 
Retail
 
Bulk
 
Services
 
Manufacturing
 
Total
 
Revenues
 
$
6,476,604
 
$
7,690,402
 
$
130,252
 
$
1,379,848
 
$
15,677,106
 
Cost of revenues
 
 
2,684,286
 
 
5,015,789
 
 
102,166
 
 
1,041,297
 
 
8,843,538
 
Gross profit
 
 
3,792,318
 
 
2,674,613
 
 
28,086
 
 
338,551
 
 
6,833,568
 
General and administrative expenses
 
 
3,012,860
 
 
301,076
 
 
743,406
 
 
739,850
 
 
4,797,192
 
Income (loss) from operations
 
$
779,458
 
$
2,373,537
 
$
(715,320)
 
$
(401,299)
 
 
2,036,376
 
Other income, net
 
 
 
 
 
 
 
 
 
 
 
 
 
 
403,379
 
Income before income taxes
 
 
 
 
 
 
 
 
 
 
 
 
 
 
2,439,755
 
Provision for (benefit from) income taxes
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(139,697)
 
Net income
 
 
 
 
 
 
 
 
 
 
 
 
 
 
2,579,452
 
Loss attributable to non-controlling interests
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(51,776)
 
Net income attributable to Consolidated Water Co. Ltd. stockholders
 
 
 
 
 
 
 
$
2,631,228
 
 
Depreciation and amortization expenses for the three months ended March 31, 2017 for the retail, bulk, services and manufacturing segments were $509,820, $826,779, $22,019 and $406,489, respectively.
 
 
 
Three Months Ended March 31, 2016
 
 
 
Retail
 
Bulk
 
Services
 
Manufacturing
 
Total
 
Revenues
 
$
5,970,238
 
$
7,265,293
 
$
180,712
 
$
618,529
 
$
14,034,772
 
Cost of revenues
 
 
2,629,674
 
 
4,610,324
 
 
197,275
 
 
420,468
 
 
7,857,741
 
Gross profit (loss)
 
 
3,340,564
 
 
2,654,969
 
 
(16,563)
 
 
198,061
 
 
6,177,031
 
General and administrative expenses
 
 
2,897,861
 
 
435,896
 
 
806,574
 
 
320,655
 
 
4,460,986
 
Income (loss) from operations
 
$
442,703
 
$
2,219,073
 
$
(823,137)
 
$
(122,594)
 
 
1,716,045
 
Other income, net
 
 
 
 
 
 
 
 
 
 
 
 
 
 
389,557
 
Income before income taxes
 
 
 
 
 
 
 
 
 
 
 
 
 
 
2,105,602
 
Provision for (benefit from) income taxes
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(73,269)
 
Net income
 
 
 
 
 
 
 
 
 
 
 
 
 
 
2,178,871
 
Income attributable to non-controlling interests
 
 
 
 
 
 
 
 
 
 
 
 
 
 
124,230
 
Net income attributable to Consolidated Water Co. Ltd. stockholders
 
 
 
 
 
 
 
$
2,054,641
 
 
Depreciation and amortization expenses for the three months ended March 31, 2016 for the retail, bulk, services and manufacturing segments were $587,726, $827,389, $29,038 and $210,669, respectively.
 
 
 
As of March 31, 2017
 
 
 
Retail
 
Bulk
 
Services
 
Manufacturing
 
Total
 
Accounts receivable, net
 
$
2,481,075
 
$
16,977,316
 
$
776,733
 
$
2,379,177
 
$
22,614,301
 
Property plant and equipment, net
 
$
24,528,063
 
$
25,424,192
 
$
110,282
 
$
2,014,930
 
$
52,077,467
 
Construction in progress
 
$
153,740
 
$
2,221,068
 
$
1,105
 
$
7,900
 
$
2,383,813
 
Intangibles, net
 
$
-
 
$
583,411
 
$
-
 
$
4,236,667
 
$
4,820,078
 
Goodwill
 
$
1,170,511
 
$
2,328,526
 
$
-
 
$
6,285,211
 
$
9,784,248
 
Land held for development
 
$
-
 
$
-
 
$
20,558,424
 
$
-
 
$
20,558,424
 
Total assets
 
$
54,104,920
 
$
70,559,269
 
$
25,462,905
 
$
17,056,029
 
$
167,183,123
 
 
 
 
As of December 31, 2016
 
 
 
Retail
 
Bulk
 
Services
 
Manufacturing
 
Total
 
Accounts receivable, net
 
$
2,646,628
 
$
12,692,714
 
$
629,930
 
$
531,526
 
$
16,500,798
 
Property plant and equipment, net
 
$
24,890,031
 
$
26,124,724
 
$
91,030
 
$
1,978,320
 
$
53,084,105
 
Construction in progress
 
$
134,392
 
$
743,296
 
$
-
 
$
7,806
 
$
885,494
 
Intangibles, net
 
$
-
 
$
599,960
 
$
15,516
 
$
4,580,000
 
$
5,195,476
 
Goodwill
 
$
1,170,511
 
$
2,328,526
 
$
-
 
$
6,285,211
 
$
9,784,248
 
Land held for development
 
$
-
 
$
-
 
$
20,558,424
 
$
-
 
$
20,558,424
 
Total assets
 
$
54,303,011
 
$
68,663,628
 
$
33,594,855
 
$
7,043,034
 
$
163,604,528