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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
CONDENSED CONSOLIDATED STATEMENTS OF INCOME        
Total revenue $ 15,889,239 $ 18,053,284 $ 51,183,023 $ 47,672,013
Total cost of revenue 9,180,259 10,928,293 29,958,991 28,193,762
Gross profit 6,708,980 7,124,991 21,224,032 19,478,251
General and administrative expenses 4,825,627 4,807,079 14,198,653 13,915,759
Gain (loss) on asset dispositions and impairments, net 7,018 (12,415) 448,088 (14,405)
Income from operations 1,890,371 2,305,497 7,473,467 5,548,087
Other income (expense):        
Interest income 154,175 172,805 444,827 504,028
Interest expense (19) (2,492) (1,501) (7,122)
Profit-sharing income from OC-BVI 2,025 536,625 10,125 621,675
Equity in the earnings of OC-BVI 38,174 1,472,154 26,686 1,710,230
Net unrealized gain (loss) on put/call options   75,000 (24,000) (47,000)
Other 35,486 72,676 84,127 4,586
Other income, net 229,841 2,326,768 540,264 2,786,397
Income before income taxes 2,120,212 4,632,265 8,013,731 8,334,484
Provision for (benefit from) income taxes (40,075) 12,659 73,117 (113,607)
Net income from continuing operations 2,160,287 4,619,606 7,940,614 8,448,091
Income from continuing operations attributable to non-controlling interests 433,235 310,579 1,172,039 484,778
Net income from continuing operations attributable to Consolidated Water Co. Ltd. stockholders 1,727,052 4,309,027 6,768,575 7,963,313
Gain on sale of discontinued operations 0 0 3,621,170 0
Net income from discontinued operations 0 243,362 0 869,794
Total income from discontinued operations 0 243,362 3,621,170 869,794
Net income attributable to Consolidated Water Co. Ltd. stockholders $ 1,727,052 $ 4,552,389 $ 10,389,745 $ 8,833,107
Basic earnings per common share attributable to Consolidated Water Co. Ltd. common stockholders        
Continuing operations $ 0.11 $ 0.28 $ 0.45 $ 0.53
Discontinued operations   0.02 0.24 0.06
Basic earnings per share 0.11 0.30 0.69 0.59
Diluted earnings per common share attributable to Consolidated Water Co. Ltd. common stockholders        
Continuing operations 0.11 0.28 0.45 0.52
Discontinued operations   0.02 0.24 0.06
Diluted earnings per share 0.11 0.30 0.69 0.58
Dividends declared per common and redeemable preferred shares $ 0.085 $ 0.085 $ 0.255 $ 0.255
Weighted average number of common shares used in the determination of:        
Basic earnings per share 15,026,710 14,963,195 15,022,489 14,960,602
Diluted earnings per share 15,138,094 15,124,720 15,132,843 15,119,415