XML 34 R23.htm IDEA: XBRL DOCUMENT v3.21.2

Leases (Tables)

6 Months Ended

Jun. 30, 2021

Leases

Schedule of lease-related assets and liabilities

The following table presents the lease-related assets and liabilities and their respective classification on the condensed consolidated balance sheets:

​

​	​	​	​	​	​	​
​		June 30,		​	December 31,
​	​	2021		​	2020
ASSETS				​	​
Current		​		​	​
Accounts receivable, net	​	$	48,593	​	$	—
Prepaid expenses and other current assets	​	​	8,883	​	​	108,303
Current assets of discontinued operations	​	​	18,417	​	​	—
Noncurrent	​		​	​		​
Operating lease right-of-use assets	​		2,963,075	​		1,329,561
Long-term assets of discontinued operations	​	​	—	​	​	33,909
Total lease right-of-use assets	​	$	3,038,968	​	$	1,471,773
​	​	​	​	​	​	​
LIABILITIES			​			​
Current		​		​	​
Current maturities of operating leases	​	$	555,591	​	$	455,788
Current liabilities of discontinued operations	​	​	17,471	​	​	29,432
Noncurrent	​		​	​		​
Noncurrent operating leases	​	​	2,464,960	​	​	982,076
Noncurrent liabilities of discontinued operations	​		—	​		2,499
Total lease liabilities	​	$	3,038,022	​	$	1,469,795
​	​	​	​	​	​	​
Weighted average remaining lease term:	​			​
Operating leases	​		7.2 years	​		3.4 years
Operating leases - discontinued operations	​	​	0.6 years	​	​	1.1 years
​	​		​	​
Weighted average discount rate:	​		​	​
Operating leases	​		4.96%	​		4.15%
Operating leases - discontinued operations	​	​	3.48%	​	​	3.48%

Schedule of Lease, Cost

​

​	​	​	​	​	​	​
​		June 30,		​	December 31,
​	​	2021		​	2020
ASSETS				​	​
Current		​		​	​
Accounts receivable, net	​	$	48,593	​	$	—
Prepaid expenses and other current assets	​	​	8,883	​	​	108,303
Current assets of discontinued operations	​	​	18,417	​	​	—
Noncurrent	​		​	​		​
Operating lease right-of-use assets	​		2,963,075	​		1,329,561
Long-term assets of discontinued operations	​	​	—	​	​	33,909
Total lease right-of-use assets	​	$	3,038,968	​	$	1,471,773
​	​	​	​	​	​	​
LIABILITIES			​			​
Current		​		​	​
Current maturities of operating leases	​	$	555,591	​	$	455,788
Current liabilities of discontinued operations	​	​	17,471	​	​	29,432
Noncurrent	​		​	​		​
Noncurrent operating leases	​	​	2,464,960	​	​	982,076
Noncurrent liabilities of discontinued operations	​		—	​		2,499
Total lease liabilities	​	$	3,038,022	​	$	1,469,795
​	​	​	​	​	​	​
Weighted average remaining lease term:	​			​
Operating leases	​		7.2 years	​		3.4 years
Operating leases - discontinued operations	​	​	0.6 years	​	​	1.1 years
​	​		​	​
Weighted average discount rate:	​		​	​
Operating leases	​		4.96%	​		4.15%
Operating leases - discontinued operations	​	​	3.48%	​	​	3.48%

Schedule of Cash Flow, Supplemental

Supplemental cash flow information related to leases is as follows:

​

​	​	​	​	​	​	​	​
​		Six Months Ended June 30,					​
​	​	2021		​	2020		​
Cash paid for amounts included in measurement of liabilities:		​		​	​	​	​
Operating cash outflows for operating leases	​	$	356,763	​	$	414,353	​
Operating cash outflows for operating leases - discontinued operations	​	​	15,892	​	​	109,962	​

Schedule of future lease payments relating to the Company's operating lease liabilities

Future lease payments relating to the Company’s operating lease liabilities as of June 30, 2021 were as follows:

​

​	​	​	​
Years ending December 31,		Total
2021	​	$	345,148
2022	​		694,215
2023	​		663,190
2024	​		410,464
2025	​	​	268,897
Thereafter	​		1,235,583
Total future lease payments	​		3,617,497
Less: imputed interest	​		(596,946)
Total lease obligations	​		3,020,551
Less: current obligations	​		(555,591)
Noncurrent lease obligations	​	$	2,464,960

X

- Definition

Disclosure of accounting policy for lessee operating lease related assets and liabilities.

+ References

No definition available.

+ Details

Name:	cwco_LesseeOperatingLeaseRelatedAssetsAndLiabilitiesTableTextBlock
Namespace Prefix:	cwco_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 842
-SubTopic 20
-Section 50
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=121609121&loc=SL77918686-209980

+ Details

Name:	us-gaap_LeaseCostTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_LeasesAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of supplemental cash flow information for the periods presented.

+ References

No definition available.

+ Details

Name:	us-gaap_ScheduleOfCashFlowSupplementalDisclosuresTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of future minimum payments required in the aggregate and for each of the five succeeding fiscal years for operating leases having initial or remaining noncancelable lease terms in excess of one year and the total minimum rentals to be received in the future under noncancelable subleases as of the balance sheet date.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/otherTransitionRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 840
-SubTopic 20
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=121573735&loc=d3e41502-112717

+ Details

Name:	us-gaap_ScheduleOfFutureMinimumRentalPaymentsForOperatingLeasesTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration