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Cost of revenues and general and administrative expenses (Tables)
12 Months Ended
Dec. 31, 2012
Cost Of Revenues and General and Administrative Expenses [Abstract]  
Schedule Of Cost Of Revenue [Table Text Block]

Cost of revenues and general and administrative expenses

 

    Year Ended December 31,  
    2012     2011     2010  
Cost of revenues consist of:                        
Electricity   $ 14,473,583     $ 12,622,788     $ 10,132,956  
Depreciation     6,959,912       5,537,098       5,854,297  
Fuel oil     10,078,724       7,195,692       4,928,409  
Employee costs     4,423,899       4,276,682       4,444,814  
Cost of plant sales     -       61,843       1,833,835  
Maintenance     2,849,453       2,140,776       2,541,927  
Royalties     1,451,672       1,406,160       1,368,181  
Insurance     1,625,733       1,545,771       1,490,121  
Other     1,595,284       1,345,615       1,503,519  
    $ 43,458,260     $ 36,132,425     $ 34,098,059  
                         
General and administrative expenses consist of:                        
Employee costs   $ 5,751,142     $ 5,265,360     $ 4,219,915  
Insurance     968,662       965,003       951,715  
Professional fees     2,097,294       3,112,678       2,805,146  
Directors’ fees and expenses     608,429       551,132       519,786  
Depreciation     421,851       252,303       340,969  
Other     4,695,439       3,505,174       2,492,117  
    $ 14,542,817     $ 13,651,650     $ 11,329,648