XML 66 R2.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONSOLIDATED BALANCE SHEETS (USD $)
Sep. 30, 2013
Dec. 31, 2012
Current:    
Cash and cash equivalents $ 24,124,549 $ 12,908,779
Restricted cash and bonds 2,003,703 2,995,000
Trade accounts receivable 1,794,102 3,296,890
Grant proceeds receivable 7,561,599 42,884,200
Other current assets 983,630 839,104
Total current assets 36,467,583 62,923,973
Investment in equity securities 43,632 65,551
Restricted cash and bond reserves 15,142,094 1,426,700
Property, plant and equipment, net of accumulated depreciation 161,118,585 160,589,254
Intangible assets, net of accumulated amortization 15,303,577 15,490,618
Total assets 228,075,471 240,496,096
Current Liabilities:    
Accounts payable and accrued liabilities 900,344 1,481,959
Construction accounts payable 56,475 1,122,746
Related party accounts payable 2,166 3,391
Notes payable 0 1,000,000
Retention payable 0 8,089,704
Current portion of capital lease obligations 47,394 45,278
Current portion of notes payable 4,092,417 1,576,342
Total current liabilities 5,098,796 13,319,420
Long-term Liabilities:    
Convertible loan payable 0 2,125,000
Long-term portion of capital lease obligations 33,227 69,039
Notes payable, less current portion 99,062,847 102,124,167
Total long-term liabilities 99,096,074 104,318,206
Total liabilities 104,194,870 117,637,626
Commitments and Contingencies 0 0
STOCKHOLDERS' EQUITY    
Capital stock (authorized: 250,000,000 common shares with a $0.001 par value; issued and outstanding shares at September 30, 2013 and December 31, 2012 were: 102,094,542 and 101,516,764; respectively) 102,094 101,516
Additional paid-in capital 100,195,432 99,524,850
Accumulated other comprehensive loss (25,863) (3,944)
Accumulated deficit (32,861,123) (32,845,150)
Total stockholders' equity, before Non-controlling interests 67,410,540 66,777,272
Non-controlling interests 56,470,061 56,081,198
Total stockholders' equity 123,880,601 122,858,470
Total liabilities and stockholders' equity $ 228,075,471 $ 240,496,096