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13. BUSINESS SEGMENTS (Tables)

6 Months Ended

Jun. 30, 2017

Segment Reporting [Abstract]

Schedule of segment operating income

Three-Month Period Ended June 30, 2017		Bromine*				Crude Salt*				Chemical Products				Natural Gas				Segment Total				Corporate				Total
Net revenue (external customers)		$	18,423,133			$	2,521,883			$	26,586,973			$	—			$	47,531,989			$	—			$	47,531,989
Net revenue (intersegment)			2,910,743				—				—				—				2,910,743				—				2,910,743
Income(loss) from operations before taxes			9,740,981				1,051,202				8,318,480				(33,529	)			19,077,134				(594,662	)			18,482,472
Income taxes			2,464,085				245,164				2,112,201				—				4,821,450				—				4,821,450
Income (loss) from operations after taxes			7,276,896				806,038				6,206,279				(33,529	)			14,255,684				(594,662	)			13,661,022
Total assets			162,696,276				32,749,355				207,885,555				1,819,284				405,150,470				114,373				405,264,843
Depreciation and amortization			3,794,600				624,226				951,364				—				5,370,190				—				5,370,190
Goodwill			—				—				28,332,661				—				28,332,661				—				28,332,661

Three-Month Period Ended June 30, 2016		Bromine*				Crude Salt*				Chemical Products				Natural Gas				Segment Total				Corporate				Total
Net revenue (external customers)		$	18,480,605			$	2,305,688			$	26,814,474			$	—			$	47,600,767			$	—			$	47,600,767
Net revenue (intersegment)			2,670,931				—				—				—				2,670,931				—				2,670,931
Income(loss) from operations before taxes			8,199,652				(10,099	)			8,531,677				(25	)			16,721,205				609,917				17,331,122
Income taxes			1,810,252				235,779				2,164,391				—				4,210,422				—				4,210,422
Income (loss) from operations after taxes			6,389,400				(245,878	)			6,367,286				(25	)			12,510,783				609,917				13,120,700
Total assets			149,221,327				30,673,443				193,703,787				1,058,651				374,657,208				118,573				374,775,781
Depreciation and amortization			4,144,546				1,339,696				1,160,329				—				6,644,571				—				6,644,571
Capital expenditure			—				—				—				813,589				813,589				—				813,589
Goodwill			—				—				28,944,958				—				28,944,958				—				28,944,958

Six-Month Period Ended June 30, 2017		Bromine*				Crude Salt*				Chemical Products				Natural Gas			Segment Total				Corporate				Total
Net revenue (external customers)		$	32,345,527			$	4,335,661			$	43,639,294		$	-			$	80,320,482			$	-			$	80,320,482
Net revenue (intersegment)			5,089,236				-				-			-				5,089,236				-				5,089,236
Income(loss) from operations before taxes			15,012,915				1,937,089				13,264,657			(57,287	)			30,157,374				(861,905	)			29,295,469
Income taxes			3,794,188				468,746				3,380,342			-				7,643,276				-				7,643,276
Income (loss) from operations after taxes			11,218,727				1,468,343				9,884,315			(57,287	)			22,514,098				(861,905	)			21,652,193
Total assets			162,696,276				32,749,355				207,885,555			1,819,284				405,150,470				114,373				405,264,843
Depreciation and amortization			7,793,181				1,078,673				1,937,435			-				10,809,289				-				10,809,289
Goodwill			-				-				28,332,661			-				28,332,661				-				28,332,661

Six-Month Period Ended June 30, 2016		Bromine*				Crude Salt*				Chemical Products				Natural Gas			Segment Total				Corporate				Total
Net revenue (external customers)		$	31,650,133			$	4,072,296			$	46,373,788		$	-			$	82,096,217			$	-			$	82,096,217
Net revenue (intersegment)			4,493,133				-				-			-				4,493,133				-				4,493,133
Income(loss) from operations before taxes			11,205,170				217,514				14,255,408			(25	)			25,678,067				319,373				25,997,440
Income taxes			2,553,622				299,283				3,625,188			-				6,478,093				-				6,478,093
Income (loss) from operations after taxes			8,651,548				(81,769	)			10,630,220			(25	)			19,199,974				319,373				19,519,347
Total assets			149,221,327				30,673,443				193,703,787			1,058,651				374,657,208				118,573				374,775,781
Depreciation and amortization			8,512,338				2,532,362				2,469,592			-				13,514,292				-				13,514,292
Capital expenditure			52,777				4,509				-			813,589				870,875				-				870,875
Goodwill			-				-				28,944,958			-				28,944,958				-				28,944,958

Schedule of segment costs

		Three-Month Period Ended June 30,								Six-Month Period Ended June 30,
Reconciliations		2017				2016				2017				2016
Total segment operating income		$	19,077,134			$	16,721,205			$	30,157,374			$	25,678,067
Corporate costs			(128,007	)			(69,279	)			(257,995	)			(229,361	)
Unrealized gain/(loss) on translation of intercompany balance			(466,655	)			679,196				(603,910	)			548,734
Income from operations			18,482,472				17,331,122				29,295,469				25,997,440
Other income, net of expense			90,656				76,319				174,605				144,636
Income before taxes		$	18,573,128			$	17,407,441			$	29,470,074			$	26,142,076