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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
CONDENSED CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED)        
Total revenue $ 17,666,257 $ 15,889,239 $ 57,479,225 $ 51,183,023
Total cost of revenue 11,450,621 9,180,259 35,520,125 29,958,991
Gross profit 6,215,636 6,708,980 21,959,100 21,224,032
General and administrative expenses 4,810,016 4,279,972 14,062,938 12,389,547
Loss on asset dispositions and impairments, net (984) 7,018 4,001 448,088
Income (loss) from operations 1,404,636 2,436,026 7,900,163 9,282,573
Other income (expense):        
Interest income 164,761 154,175 411,020 444,827
Interest expense (2,069) (19) (7,413) (19)
Profit-sharing income from OC-BVI 6,075 2,025 30,375 10,125
Equity in the earnings of OC-BVI 22,411 38,174 82,387 26,686
Net unrealized gain (loss) on put/call options 39,000 0 (42,000) (24,000)
Other 15,314 22,541 59,341 60,412
Other income, net 245,492 216,896 533,710 518,031
Income before income taxes 1,650,128 2,652,922 8,433,873 9,800,604
Provision for income taxes (263,165) (40,075) 147,186 73,117
Net income from continuing operations 1,913,293 2,692,997 8,286,687 9,727,487
Income from continuing operations attributable to non-controlling interests 101,137 433,235 642,289 1,172,039
Net income from continuing operations attributable to Consolidated Water Co. Ltd. stockholders 1,812,156 2,259,762 7,644,398 8,555,448
Gain on sale of discontinued operations 0 0 0 3,621,170
Net loss from discontinued operations (377,321) (532,710) (4,448,798) (1,786,873)
Total income (loss) from discontinued operations (377,321) (532,710) (4,448,798) 1,834,297
Net income attributable to Consolidated Water Co. Ltd. stockholders $ 1,434,835 $ 1,727,052 $ 3,195,600 $ 10,389,745
Basic earnings (loss) per common share attributable to Consolidated Water Co. Ltd. common stockholders        
Continuing operations $ 0.12 $ 0.15 $ 0.51 $ 0.57
Discontinued operations (0.03) (0.04) (0.30) 0.12
Basic earnings (loss) per share 0.09 0.11 0.21 0.69
Diluted earnings (loss) per common share attributable to Consolidated Water Co. Ltd. common stockholders        
Continuing operations 0.12 0.15 0.50 0.57
Discontinued operations (0.03) (0.04) (0.29) 0.12
Diluted earnings (loss) per share 0.09 0.11 0.21 0.69
Dividends declared per common and redeemable preferred shares $ 0.085 $ 0.085 $ 0.26 $ 0.26
Weighted average number of common shares used in the determination of:        
Basic earnings per share 15,120,983 15,026,710 15,116,681 15,022,489
Diluted earnings per share 15,273,529 15,138,094 15,270,494 15,132,843