Quarterly report pursuant to Section 13 or 15(d)

Note 5 - Property and Equipment: Property and Equipment (Tables)

v2.4.0.6
Note 5 - Property and Equipment: Property and Equipment (Tables)
3 Months Ended
Mar. 31, 2013
Tables/Schedules  
Property and Equipment

 

 

March 31,

December 31,

 

2013

2012

 

 

 

Land

$4,772,038

$4,539,314

Plantation development costs

10,186,142

9,229,638

Plantation equipment

1,585,113

1,546,971

Office equipment

302,544

108,598

 

 

 

Total cost

16,845,837

15,424,521

Less accumulated depreciation

(950,752)

(865,518)

 

 

 

Property and equipment, net

$15,895,085

$14,559,002