Annual report pursuant to Section 13 and 15(d)

INVESTMENTS IN UNCONSOLIDATED JOINT VENTURES (Tables)

v3.3.1.900
INVESTMENTS IN UNCONSOLIDATED JOINT VENTURES (Tables)
12 Months Ended
Dec. 31, 2015
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 2015.

 

PWS-MWS Joint Venture

Revenues   $ 62,300  
Operating cost     49,600  
Net income   $ 12,700  
Company’s share of net income   $ 6,350  

 

Paragon UK Joint Venture

Assets   $ 555,500  
Liabilities     261,700  
Net Assets     293,800  

 

Net loss   $ 155,200  
Company’s share of net loss      
Advances to joint venture      
Equity in net assets