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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) - USD ($)
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
CONDENSED CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED)    
Total revenue $ 20,725,721 $ 16,988,524
Total cost of revenue 12,285,400 10,026,221
Gross profit 8,440,321 6,962,303
General and administrative expenses 5,153,757 4,378,034
Gain (loss) on asset dispositions and impairments, net (220) 43,769
Income from operations 3,286,344 2,628,038
Other income (expense):    
Interest income 136,440 150,185
Interest expense (2,526) 0
Profit-sharing income from OC-BVI 10,125 6,075
Equity in the earnings of OC-BVI 25,883 13,461
Net unrealized loss on put/call options (161,000) (24,000)
Other 160,422 114,369
Other income, net 169,344 260,090
Income before income taxes 3,455,688 2,888,128
Provision for income taxes 206,083 48,959
Net income from continuing operations 3,249,605 2,839,169
Income from continuing operations attributable to non-controlling interests 360,998 273,908
Net income from continuing operations attributable to Consolidated Water Co. Ltd. stockholders 2,888,607 2,565,261
Gain on sale of discontinued operations 0 3,621,170
Total income from discontinued operations   3,621,170
Net income attributable to Consolidated Water Co. Ltd. stockholders $ 2,888,607 $ 6,186,431
Basic earnings per common share attributable to Consolidated Water Co. Ltd. common stockholders    
Continuing operations $ 0.19 $ 0.17
Discontinued operations   0.24
Basic earnings per share 0.19 0.41
Diluted earnings per common share attributable to Consolidated Water Co. Ltd. common stockholders    
Continuing operations 0.19 0.17
Discontinued operations   0.24
Diluted earnings per share 0.19 0.41
Dividends declared per common and redeemable preferred shares $ 0.085 $ 0.085
Weighted average number of common shares used in the determination of:    
Basic earnings per share 15,114,506 15,020,344
Diluted earnings per share 15,268,884 15,184,435