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Segment information (Tables) | 6 Months Ended
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Jun. 30, 2019
Segment Reporting [Abstract] |
Schedule of Segment Reporting Information, by Segment [Table Text Block] | 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 June 30, 2019 |
|  | Retail |  |  | Bulk |  |  | Services |  |  | Manufacturing |  |  | Total |
Revenues |  | $ | 6,983,515 |  |  | $ | 6,941,051 |  |  | $ | 90,792 |  |  | $ | 4,289,902 |  |  | $ | 18,305,260 |
Cost of revenues |  |  | 2,982,758 |  |  |  | 4,768,122 |  |  |  | 45,094 |  |  |  | 2,956,537 |  |  |  | 10,752,511 |
Gross profit |  |  | 4,000,757 |  |  |  | 2,172,929 |  |  |  | 45,698 |  |  |  | 1,333,365 |  |  |  | 7,552,749 |
General and administrative expenses |  |  | 3,405,421 |  |  |  | 344,971 |  |  |  | 779,882 |  |  |  | 464,718 |  |  |  | 4,994,992 |
Gain on asset dispositions and impairments, net |  |  | 397,301 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 397,301 |
Income (loss) from operations |  | $ | 992,637 |  |  | $ | 1,827,958 |  |  | $ | (734,184 | ) |  | $ | 868,647 |  |  |  | 2,955,058 |
Other income, net |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 50,333 |
Income before income taxes |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3,005,391 |
Provision for income taxes |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 64,233 |
Net income from continuing operations |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2,941,158 |
Income from continuing operations attributable to non-controlling interests |  |  |  |  |  |  |  |  |  | 464,896 |
Net income from continuing operations attributable to Consolidated Water Co. Ltd. stockholders |  |  |  | 2,476,262 |
Total income from discontinued operations |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | - |
Net income attributable to Consolidated Water Co. Ltd. stockholders |  |  |  |  |  |  |  |  |  |  |  | $ | 2,476,262 |
Depreciation and amortization expenses for the three months ended June 30, 2019 for the retail, bulk, services and manufacturing segments were $615,363, $976,437, $1,137 and $215,713, respectively.
|  | Three Months Ended June 30, 2018 |
|  | Retail |  |  | Bulk |  |  | Services |  |  | Manufacturing |  |  | Total |
Revenues |  | $ | 6,268,023 |  |  | $ | 7,680,701 |  |  | $ | 122,912 |  |  | $ | 992,430 |  |  | $ | 15,064,066 |
Cost of revenues |  |  | 2,722,650 |  |  |  | 5,397,449 |  |  |  | 104,069 |  |  |  | 655,679 |  |  |  | 8,879,847 |
Gross profit |  |  | 3,545,373 |  |  |  | 2,283,252 |  |  |  | 18,843 |  |  |  | 336,751 |  |  |  | 6,184,219 |
General and administrative expenses |  |  | 2,874,517 |  |  |  | 297,863 |  |  |  | 665,738 |  |  |  | 608,851 |  |  |  | 4,446,969 |
(Loss) on asset dispositions and impairments, net |  |  | (650 | ) |  |  | - |  |  |  | - |  |  |  | - |  |  |  | (650 | )
Income (loss) from operations |  | $ | 670,206 |  |  | $ | 1,985,389 |  |  | $ | (646,895 | ) |  | $ | (272,100 | ) |  |  | 1,736,600 |
Other income, net |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 312,032 |
Income before income taxes |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2,048,632 |
Benefit from income taxes |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (48,878 | )
Net income from continuing operations |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2,097,510 |
Income from continuing operations attributable to non-controlling interests |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 208,692 |
Net income from continuing operations attributable to Consolidated Water Co. Ltd. stockholders |  |  |  |  |  |  |  |  |  |  |  |  | 1,888,818 |
Total income from discontinued operations |  |  |  |  |  |  |  |  |  |  |  |  | 299,375 |
Net income attributable to Consolidated Water Co. Ltd. stockholders |  |  |  |  |  |  |  |  |  |  |  | $ | 2,188,193 |
Depreciation and amortization expenses for the three months ended June 30, 2018 for the retail, bulk, services and manufacturing segments were $504,616, $763,490, $7,639 and $399,426, respectively.
|  | Six Months Ended June 30, 2019 |
|  | Retail |  |  | Bulk |  |  | Services |  |  | Manufacturing |  |  | Total |
Revenues |  | $ | 13,670,175 |  |  | $ | 14,052,364 |  |  | $ | 191,369 |  |  | $ | 7,379,876 |  |  | $ | 35,293,784 |
Cost of revenues |  |  | 5,808,362 |  |  |  | 9,722,713 |  |  |  | 167,013 |  |  |  | 5,080,644 |  |  |  | 20,778,732 |
Gross profit |  |  | 7,861,813 |  |  |  | 4,329,651 |  |  |  | 24,356 |  |  |  | 2,299,232 |  |  |  | 14,515,052 |
General and administrative expenses |  |  | 6,522,699 |  |  |  | 606,383 |  |  |  | 1,265,767 |  |  |  | 978,177 |  |  |  | 9,373,026 |
Gain on asset dispositions and impairments, net |  |  | 394,570 |  |  |  | 46,500 |  |  |  | - |  |  |  | - |  |  |  | 441,070 |
Income (loss) from operations |  | $ | 1,733,684 |  |  | $ | 3,769,768 |  |  | $ | (1,241,411 | ) |  | $ | 1,321,055 |  |  |  | 5,583,096 |
Other income, net |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 310,423 |
Income before income taxes |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 5,893,519 |
Provision for income taxes |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 113,192 |
Net income from continuing operations |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 5,780,327 |
Income from continuing operations attributable to non-controlling interests |  |  |  |  |  |  |  |  |  | 738,804 |
Net income from continuing operations attributable to Consolidated Water Co. Ltd. stockholders |  |  |  | 5,041,523 |
Net income from discontinued operations |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3,621,170 |
Net income attributable to Consolidated Water Co. Ltd. stockholders |  |  |  |  |  |  |  |  |  |  |  | $ | 8,662,693 |
Depreciation and amortization expenses for the six months ended June 30, 2019 for the retail, bulk, services and manufacturing segments were $1,133,377, $1,924,126, $2,273 and $492,766, respectively.
|  | Six Months Ended June 30, 2018 |
|  | Retail |  |  | Bulk |  |  | Services |  |  | Manufacturing |  |  | Total |
Revenues |  | $ | 12,699,371 |  |  | $ | 15,127,484 |  |  | $ | 246,676 |  |  | $ | 1,545,198 |  |  | $ | 29,618,729 |
Cost of revenues |  |  | 5,484,204 |  |  |  | 10,447,785 |  |  |  | 238,940 |  |  |  | 1,094,540 |  |  |  | 17,265,469 |
Gross profit |  |  | 7,215,167 |  |  |  | 4,679,699 |  |  |  | 7,736 |  |  |  | 450,658 |  |  |  | 12,353,260 |
General and administrative expenses |  |  | 5,959,363 |  |  |  | 594,734 |  |  |  | 1,316,374 |  |  |  | 1,238,209 |  |  |  | 9,108,680 |
(Loss) on asset dispositions and impairments, net |  |  | (1,990 | ) |  |  | - |  |  |  | - |  |  |  | - |  |  |  | (1,990 | )
Income (loss) from operations |  | $ | 1,253,814 |  |  | $ | 4,084,965 |  |  | $ | (1,308,638 | ) |  | $ | (787,551 | ) |  |  | 3,242,590 |
Other income, net |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 459,629 |
Income before income taxes |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3,702,219 |
Benefit from income taxes |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (126,266 | )
Net income from continuing operations |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3,828,485 |
Income from continuing operations attributable to non-controlling interests |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 174,199 |
Net income from continuing operations attributable to Consolidated Water Co. Ltd. stockholders |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3,654,286 |
Net income from discontinued operations |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 626,432 |
Net income attributable to Consolidated Water Co. Ltd. stockholders |  |  |  |  |  |  |  |  |  |  |  | $ | 4,280,718 |
Depreciation and amortization expenses for the six months ended June 30, 2018 for the retail, bulk, services and manufacturing segments were $1,007,629, $1,527,037, $15,277 and $798,720, respectively.
|  | As of June 30, 2019 |
|  | Retail |  |  | Bulk |  |  | Services |  |  | Manufacturing |  |  | Total |
Accounts receivable, net |  | $ | 3,149,756 |  |  | $ | 13,782,607 |  |  | $ | 1,494,163 |  |  | $ | 1,764,261 |  |  | $ | 20,190,787 |
Property, plant and equipment, net |  | $ | 29,793,712 |  |  | $ | 31,594,218 |  |  | $ | 12,500 |  |  | $ | 1,551,285 |  |  | $ | 62,951,715 |
Construction in progress |  | $ | 212,883 |  |  | $ | 442,229 |  |  | $ | - |  |  | $ | 5,950 |  |  | $ | 661,062 |
Intangibles, net |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | 1,499,444 |  |  | $ | 1,499,444 |
Goodwill |  | $ | 1,170,511 |  |  | $ | 1,948,875 |  |  | $ | - |  |  | $ | 4,885,211 |  |  | $ | 8,004,597 |
Land and rights of way held for development |  | $ | - |  |  | $ | - |  |  | $ | 24,161,024 |  |  | $ | - |  |  | $ | 24,161,024 |
Total segment assets |  | $ | 63,962,018 |  |  | $ | 68,264,136 |  |  | $ | 32,476,525 |  |  | $ | 17,256,530 |  |  | $ | 181,959,209 |
|  | As of December 31, 2018 |
|  | Retail |  |  | Bulk |  |  | Services |  |  | Manufacturing |  |  | Total |
Accounts receivable, net |  | $ | 2,947,193 |  |  | $ | 18,480,589 |  |  | $ | 1,812,838 |  |  | $ | 987,475 |  |  | $ | 24,228,095 |
Property, plant and equipment, net |  | $ | 24,435,501 |  |  | $ | 32,820,908 |  |  | $ | 14,772 |  |  | $ | 1,609,637 |  |  | $ | 58,880,818 |
Construction in progress |  | $ | 5,437,093 |  |  | $ | 574,659 |  |  | $ | 3,291 |  |  | $ | - |  |  | $ | 6,015,043 |
Intangibles, net |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | 1,891,667 |  |  | $ | 1,891,667 |
Goodwill |  | $ | 1,170,511 |  |  | $ | 1,948,875 |  |  | $ | - |  |  | $ | 4,885,211 |  |  | $ | 8,004,597 |
Land and rights of way held for development |  | $ | - |  |  | $ | - |  |  | $ | 24,161,024 |  |  | $ | - |  |  | $ | 24,161,024 |
Total segment assets |  | $ | 61,210,879 |  |  | $ | 67,740,088 |  |  | $ | 27,406,983 |  |  | $ | 12,254,121 |  |  | $ | 168,612,071 |
Assets of discontinued operations |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $ | 3,903,527 |
Total assets |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $ | 172,515,598 |

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