Annual report pursuant to Section 13 and 15(d)

INVESTMENTS IN UNCONSOLIDATED JOINT VENTURES (Tables)

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INVESTMENTS IN UNCONSOLIDATED JOINT VENTURES (Tables)
 12 Months Ended
Dec. 31, 2016
Investments In Unconsolidated Joint Ventures Tables  
Schedule of information on the joint ventures

The following is summary information on the joint ventures that have had some activity in 2016 and 2015.

 

    December 31,  
    2016     2015  
PWS-MWS Joint Venture                
Revenues   $ 197,800     $ 62,300  
Operating cost     152,000       49,600  
Net income   45,800     12,700  
Company’s share of net income   $ 15,700     $ 6,350  
                 
Paragon UK Joint Venture                
Assets   $ 555,500     $ 555,500  
Liabilities     261,700       261,700  
Net Assets     293,800       293,800  
Net loss   —     155,200  
Company’s share of net loss   $ —     $ —  
Advances to joint venture     —       —  
Equity in net assets     —       —