Quarterly report pursuant to Section 13 or 15(d)

Note 4 - Property and Equipment: Property and Equipment (Tables)

v2.4.0.8
Note 4 - Property and Equipment: Property and Equipment (Tables)
6 Months Ended
Jun. 30, 2013
Tables/Schedules  
Property and Equipment

 

 

June 30,

December 31,

 

2013

2012

 

 

 

Land

$4,558,125

$4,539,314

Plantation development costs

10,152,896

9,229,638

Plantation equipment

1,714,644

1,546,971

Office equipment

109,752

108,598

 

 

 

Total cost

16,535,417

15,424,521

Less accumulated depreciation

(1,024,212)

(865,518)

 

 

 

Property and equipment, net

$15,511,205

$14,559,002