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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS    
Net cash provided by operating activities - continuing operations $ 10,527,154 $ 5,063,483
Net cash provided by operating activities - discontinued operations   324,522
Net cash provided by operating activities 10,527,154 5,388,005
Cash flows from investing activities    
Additions to property, plant and equipment and construction in progress (2,673,192) (13,709,598)
Proceeds from asset dispositions 548,480 51,590
Proceeds from sale of CW-Belize, net of cash provided 6,971,234  
Collections on loans receivable 734,980 1,041,787
Payment for land and right of way held for development   (2,168,180)
Net cash provided by (used in) investing activities 5,581,502 (14,784,401)
Cash flows from financing activities    
Dividends paid to common shareholders (3,833,359) (3,818,499)
Dividends paid to preferred shareholders (2,958) (2,846)
Issuance (repurchase) of redeemable preferred stock (24,096) (2,718)
Proceeds received from exercise of stock options 15,822 12,976
Payments on note payable to related party   (392,000)
Issuance of note payable to related party   784,000
Net cash used in financing activities (3,844,591) (3,419,087)
Net increase (decrease) in cash and cash equivalents and restricted cash 12,264,065 (12,815,483)
Cash and cash equivalents and restricted cash at beginning of period 31,337,477 45,482,966
Cash and cash equivalents and restricted cash at end of period 43,601,542 32,667,483
Cash and cash equivalents at end of period 41,991,071 32,667,483
Restricted cash at end of period 1,610,471  
Cash and cash equivalents and restricted cash at end of period 43,601,542 32,667,483
Interest paid in cash 1,501 6,539
Non-cash investing and financing activities    
Dividends declared but not paid 1,280,213 1,275,066
Transfers from inventory to property, plant and equipment and construction in progress 342,619 304,279
Transfers from construction in progress to property, plant and equipment 7,408,954 492,252
Transfers from other assets to construction in progress   $ 1,253,299
Right-of-use assets obtained in exchange for new operating lease liabilities $ 4,393,737