Segment information

3 Months Ended

Mar. 31, 2016

Segment Reporting [Abstract]

Segment Reporting Disclosure [Text Block]

5. Segment information

The Company has three reportable segments: retail, bulk and services. The retail segment primarily operates the water utility for the Seven Mile Beach and West Bay areas of Grand Cayman Island pursuant to an exclusive license granted by the Cayman Islands government. The bulk segment supplies potable water to government utilities in Grand Cayman, The Bahamas and Belize under long-term contracts. The services segment manufactures and services a wide range of products and provides design, engineering, management, operating and other services applicable to commercial and municipal water production, supply and treatment, and industrial water and wastewater treatment. The services segment includes the operations of Aerex beginning February 11, 2016. Consistent with prior periods, the Company records all non-direct general and administrative expenses in its retail business segment and does not allocate any of these non-direct costs to its other two business segments.

The accounting policies of the segments are consistent with those described in Note 2. The Company evaluates each segment’s performance based upon its income from operations. All intercompany transactions are eliminated for segment presentation purposes.

The Company’s segments are strategic business units that are managed separately because, while all segments derive their revenues from water-related activities, each segment sells different products and/or services, serves customers with distinctly different needs and generates different gross profit margins.

	Three Months Ended March 31, 2016
	Retail		Bulk		Services		Total
Revenues	$	5,970,238	$	7,265,293	$	799,241	$	14,034,772
Cost of revenues		2,629,674		4,610,324		617,743		7,857,741
Gross profit		3,340,564		2,654,969		181,498		6,177,031
General and administrative expenses		2,897,861		435,896		1,127,229		4,460,986
Income (loss) from operations	$	442,703	$	2,219,073	$	(945,731)		1,716,045
Other income (expense), net								389,557
Income before income taxes								2,105,602
Provision for (benefit from) income taxes								(73,269)
Net income								2,178,871
Income attributable to non-controlling interests								124,230
Net income attributable to Consolidated Water Co. Ltd. stockholders							$	2,054,641

Depreciation and amortization expenses for the three months ended March 31, 2016 for the retail, bulk and services segments were $587,726, $827,389 and $239,707, respectively.

	Three Months Ended March  31, 2015
	Retail		Bulk		Services		Total
Revenues	$	6,135,638	$	8,382,316	$	148,158	$	14,666,112
Cost of revenues		2,766,863		5,466,060		284,887		8,517,810
Gross profit (loss)		3,368,775		2,916,256		(136,729)		6,148,302
General and administrative expenses		2,898,415		417,364		577,187		3,892,966
Income (loss) from operations	$	470,360	$	2,498,892	$	(713,916)		2,255,336
Other income, net								(219,557)
Net income								2,035,779
Income attributable to non-controlling interests								114,518
Net income attributable to Consolidated Water Co. Ltd. stockholders							$	1,921,261

Depreciation and amortization expenses for the three months ended March 31, 2015 for the retail, bulk and services segments were $590,040, $794,725 and $22,474, respectively.

	As of March 31, 2016
	Retail		Bulk		Services		Total
Accounts receivable, net	$	2,684,520	$	9,567,044	$	1,547,635	$	13,799,199
Property plant and equipment, net	$	24,914,329	$	27,661,157	$	2,242,317	$	54,817,803
Construction in progress	$	2,668,571	$	101,399	$	-	$	2,769,970
Intangibles, net	$	-	$	649,604	$	5,803,123	$	6,452,727
Goodwill	$	1,170,511	$	2,328,526	$	8,035,211	$	11,534,248
Land held for development	$	-	$	-	$	20,558,424	$	20,558,424
Total assets	$	54,291,232	$	75,334,227	$	41,697,760	$	171,323,219

	As of December 31, 2015
	Retail		Bulk		Services		Total
Accounts receivable, net	$	2,261,141	$	6,231,626	$	1,036,249	$	9,529,016
Property plant and equipment, net	$	25,204,226	$	28,421,906	$	117,038	$	53,743,170
Construction in progress	$	1,860,050	$	68,560	$	-	$	1,928,610
Intangibles, net	$	-	$	666,152	$	105,659	$	771,811
Goodwill	$	1,170,511	$	2,328,526	$	-	$	3,499,037
Land held for development	$	-	$	-	$	20,558,424	$	20,558,424
Total assets	$	54,561,577	$	83,284,439	$	23,729,010	$	161,575,026