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4. Joint Ventures: Schedule of percentage ownership and method of accounting (Tables)
3 Months Ended
Mar. 31, 2015
Tables/Schedules  
Schedule of percentage ownership and method of accounting

 

 

March 31, 2015

December 31, 2014

Joint Venture

% Ownership

Significant Influence?

Accounting Method

% Ownership

Significant Influence?

Accounting Method

New Jersey Mill Joint Venture(“NJMJV”)

66%

Yes

Consolidated

66%

Yes

Consolidated

Golden Chest LLC Joint Venture (“GC”)

48%

No

Cost

48%

No

Cost