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14. BUSINESS SEGMENTS (Tables)

6 Months Ended

Jun. 30, 2013

Segment Reporting [Abstract]

Schedule of segment operating income

Three-Month Period Ended June 30, 2013		Bromine*				Crude  Salt*				Chemical  Products				Segment  Total				Corporate				Total
Net revenue (external customers)		$	17,473,276			$	3,629,976			$	11,750,644			$	32,853,896			$	-			$	32,853,896
Net revenue (intersegment)			777,746				-				-				777,746				-				777,746
Income (loss) from operations before taxes			3,882,612				728,638				3,572,036				8,183,286				(804,511	)			7,378,775
Income taxes			941,322				209,755				897,645				2,048,722				-				2,048,722
Income (loss) from operations after taxes			2,941,290				518,883				2,674,391				6,134,564				(804,511	)			5,330,053
Total assets			174,524,258				56,693,091				60,193,635				291,410,984				86,337				291,497,321
Depreciation and amortization			4,309,920				1,687,487				880,645				6,878,052				-				6,878,052
Capital expenditures			-				-				-				-				-				-
Write-off / Impairment			-				-				-				-				-				-

Three-Month Period Ended June 30, 2012		Bromine*				Crude  Salt*				Chemical  Products				Segment  Total				Corporate				Total
Net revenue (external customers)		$	17,539,429			$	3,779,658			$	9,995,759			$	31,314,846			$	-			$	31,314,846
Net revenue (intersegment)			808,596				-				-				808,596				-				808,596
Income (loss) from operations before taxes			3,933,561				888,555				3,007,381				7,829,497				(196,294	)			7,633,203
Income taxes			1,018,311				198,783				758,095				1,975,189				-				1,975,189
Income (loss) from operations after taxes			2,915,250				689,772				2,249,286				5,854,308				(196,294	)			5,658,014
Total assets			158,305,734				56,621,811				50,634,822				265,562,367				425,477				265,987,844
Depreciation and amortization			3,509,790				1,442,179				655,456				5,607,425				-				5,607,425
Capital expenditures			6,567,296				1,281,991				-				7,849,287				-				7,849,287
Write-off / Impairment			763,043				148,952				-				911,995				-				911,995

Six-Month Period Ended June 30, 2013		Bromine*				Crude  Salt*				Chemical  Products				Segment  Total				Corporate						Total
Net revenue (external customers)		$	29,207,643			$	6,080,762			$	20,068,071			$	55,356,476			$	-			$	55,356,476
Net revenue (intersegment)			1,392,476				-				-				1,392,476				-				1,392,476
Income (loss) from operations before taxes			4,210,425				1,266,858				5,668,715				11,145,998				(1,161,775	)			9,984,223
Income taxes			1,121,955				243,020				1,426,067				2,791,042				-				2,791,042
Income (loss) from operations after taxes			3,088,471				1,023,837				4,242,648				8,354,956				(1,161,775	)			7,193,181
Total assets			174,524,258				56,693,091				60,193,635				291,410,984				86,337				291,497,321
Depreciation and amortization			8,687,891				3,246,686				1,750,962				13,685,539				-				13,685,539
Capital expenditures			-				-				-				-				-				-
Write-off / Impairment			-				-				-				-				-				-

Six-Month Period Ended June 30, 2012		Bromine*				Crude  Salt*				Chemical  Products				Segment  Total				Corporate				Total
Net revenue (external customers)		$	30,993,311			$	6,054,582			$	18,075,627			$	55,123,520			$	-			$	55,123,520
Net revenue (intersegment)			1,563,153				-				-				1,563,153				-				1,563,153
Income (loss) from operations before taxes			6,401,865				1,437,005				5,250,276				13,089,146				(878,844	)			12,210,302
Income taxes			1,681,209				302,649				1,325,801				3,309,659				-				3,309,659
Income (loss) from operations after taxes			4,720,656				1,134,356				3,924,475				9,779,487				(878,844	)			8,900,643
Total assets			158,305,734				56,621,811				50,634,822				265,562,367				425,477				265,987,844
Depreciation and amortization			7,174,033				2,805,685				1,310,870				11,290,588				-				11,290,588
Capital expenditures			6,567,296				1,281,991				-				7,849,287				-				7,849,287
Write-off / Impairment			763,043				148,952				-				911,995				-				911,995

Schedule of segment costs

		Three-Month Period Ended June 30,								Six-Month Period Ended June 30,
Reconciliations		2013				2012				2013				2012
Total segment operating income		$	8,183,286			$	7,829,497			$	11,145,998			$	13,089,146
Corporate costs			(804,511	)			(196,294	)			(1,161,775	)			(878,844	)
Income from operations			7,378,775				7,633,203				9,984,223				12,210,302
Other income (expense)			25,846				30,660				45,683				75,138
Income before taxes		$	7,404,621			$	7,663,863			$	10,029,906			$	12,285,440

Schedule of major customers

The following table shows the major customer(s) (10% or more) for the three-month period ended June 30, 2013.

Number		Customer	Bromine (000’s)		Crude Salt (000’s)		Chemical Products (000’s)		Total Revenue  (000’s)		Percentage of Total Revenue (%)
1		Shandong Morui Chemical Company Limited	$ 2,166		$ 751		$ 1,125		$  4,042		12.3%
TOTAL			$  2,166		$  751		$  1,125		$  4,042		12.3%

The following table shows the major customer(s) (10% or more) for the six-month period ended June 30, 2013.

Number		Customer	Bromine (000’s)		Crude Salt (000’s)		Chemical Products (000’s)		Total Revenue  (000’s)		Percentage of Total Revenue (%)
1		Shandong Morui Chemical Company Limited	$ 3,347		$ 1,494		$ 2,055		$  6,896		12.5%
TOTAL			$  3,347		$  1,494		$  2,055		$  6,896		12.5%

The following table shows the major customer(s) (10% or more) for the three-month period ended June 30, 2012.

Number			Customer		Bromine (000’s)				Crude Salt (000’s)				Chemical Products (000’s)				Total Revenue (000’s)				Percentage of Total Revenue (%)
	1		Shandong Morui Chemical Company Limited		$	1,904			$	727			$	1,109			$	3,740				11.9%
	2		Shouguang City Rongyuan Chemical Company Limited		$	2,257			$	898			$	-			$	3,155				10.1%
TOTAL					$	4,161			$	1,625			$	1,109			$	6,895				22.0%

The following table shows the major customer(s) (10% or more) for the six-month period ended June 30, 2012.

Number			Customer		Bromine (000’s)				Crude Salt (000’s)				Chemical Products (000’s)				Total Revenue (000’s)				Percentage of Total Revenue (%)
	1		Shandong Morui Chemical Company Limited		$	3,634			$	1,113			$	2,107			$	6,854				12.4%
	2		Shouguang City Rongyuan Chemical Company Limited		$	4,278			$	1,346			$	-			$	5,624				10.2%
TOTAL					$	7,912			$	2,459			$	2,107			$	12,478				22.6%

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