XML 31 R14.htm IDEA: XBRL DOCUMENT v3.3.1.900
Property, plant and equipment and construction in progress
12 Months Ended
Dec. 31, 2015
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment Disclosure [Text Block]
7. Property, plant and equipment and construction in progress
 
 
 
December 31,
 
 
 
2015
 
2014
 
Land
 
$
3,223,361
 
$
3,223,361
 
Buildings
 
 
18,437,758
 
 
18,462,770
 
Plant and equipment
 
 
63,733,553
 
 
61,679,293
 
Distribution system
 
 
31,726,766
 
 
31,481,048
 
Office furniture, fixtures and equipment
 
 
3,210,819
 
 
3,159,699
 
Vehicles
 
 
1,384,294
 
 
1,273,803
 
Leasehold improvements
 
 
260,519
 
 
260,519
 
Lab equipment
 
 
157,851
 
 
28,743
 
 
 
 
122,134,921
 
 
119,569,236
 
Less accumulated depreciation
 
 
68,391,751
 
 
63,172,248
 
Property, plant and equipment, net
 
$
53,743,170
 
$
56,396,988
 
Construction in progress
 
$
1,928,610
 
$
1,900,016
 
 
As of December 31, 2015, the Company had outstanding capital commitments of $563,551. 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, 2015 and 2014, $2,694,733 and $2,693,622, respectively, of construction in progress was placed in service. Depreciation expense was $5,501,491, $5,355,771, and $5,113,589 for the years ended December 31, 2015, 2014 and 2013, respectively.