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4. Joint Ventures: Schedule of percentage ownership and method of accounting (Tables)
9 Months Ended
Sep. 30, 2017
Tables/Schedules  
Schedule of percentage ownership and method of accounting

 

 

September 30, 2017

December 31, 2016

Joint Venture

% Ownership

Significant Influence?

Accounting Method

% Ownership

Significant Influence?

Accounting Method

New Jersey Mill Joint Venture(“NJMJV”)

65%

Yes

Consolidated

65%

Yes

Consolidated

Butte Highlands Joint Venture (“BHJV”)

50%

No

Cost

50%

No

Cost