Cash and cash equivalents (Tables)

12 Months Ended

Dec. 31, 2020

Cash and cash equivalents

Schedule of Cash and cash equivalents

Cash and cash equivalents are not restricted by the terms of the Company’s bank accounts as to withdrawal or use. As of December 31, 2020 and 2019, the equivalent United States dollars are denominated in the following currencies:

	December 31,
	2020		2019
Bank accounts:
United States dollar	$	14,001,264	$	15,661,140
Cayman Islands dollar		5,650,874		6,690,274
Bahamian dollar		14,863,287		6,353,936
Bermudian dollar		2,832		3,084
		34,518,257		28,708,434
Short term deposits:
United States dollar		5,796,582		11,100,185
Cayman Islands dollar		2,413,547		1,209,954
Bahamian dollar		1,065,764		1,052,510
		9,275,893		13,362,649
Total cash and cash equivalents	$	43,794,150	$	42,071,083