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5. Non-controlling Interest in Mill Jv
3 Months Ended
Mar. 31, 2015
Notes  
5. Non-controlling Interest in Mill Jv

5.  Non-Controlling Interest in Mill JV

 

Crescent’s non-controlling interest in NJMJV represents its investment in the Joint Venture less any losses associated with their share. Its investment changed as follows from December 31, 2014 to March 31, 2015:

 

 

Balance December 31, 2014

$

3,197,113

Depreciation charges

 

(10,679)

Balance March 31 2014

$

3,186,433