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Property, plant and equipment and construction in progress
12 Months Ended
Dec. 31, 2012
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment Disclosure [Text Block]

equipment and construction in progress

 

    December 31,  
    2012     2011  
Land   $ 3,223,361     $ 3,223,361  
Buildings     17,751,797       16,732,298  
Plant and equipment     57,635,523       58,758,920  
Distribution system     24,213,390       24,099,566  
Office furniture, fixtures and equipment     2,644,900       2,492,913  
Vehicles     1,182,782       1,283,037  
Leasehold improvements     228,007       222,829  
Lab equipment     19,192       34,874  
      106,898,952       106,847,798  
Less accumulated depreciation     47,905,546       42,662,688  
Property, plant and equipment, net   $ 58,993,406     $ 64,185,110  
Construction in progress   $ 2,612,800     $ 141,204  

 

As of December 31, 2012, the Company had outstanding capital commitments of approximately $132,000. The Company maintains insurance for loss or damage to all fixed assets that it deems susceptible to loss. The Company does not insure its underground distribution system as the Company considers the possibility of material loss or damage to this system to be remote. During the years ended December 31, 2012 and 2011, $278,214 and $13,576,895, respectively, of construction in progress was placed in service. Depreciation expense was $7,381,759, $5,789,401, and $6,195,266 for the years ended December 31, 2012, 2011 and 2010, respectively.