Quarterly report pursuant to Section 13 or 15(d)

Property and Equipment: Schedule of Property and Equipment (Tables)

v2.4.0.6
Property and Equipment: Schedule of Property and Equipment (Tables)
 3 Months Ended
Sep. 30, 2012
Schedule of Property and Equipment:  
Schedule of Property and Equipment

Property and equipment are as follows:

 

 

 

 

 

September 30, 2012

December 31, 2011

 

 

 

Land

$4,587,313

$4,217,604

Plantation development costs

8,478,489

6,945,617

Plantation equipment

1,552,797

1,199,503

Office equipment

109,018

110,031

 

 

 

Total cost

14,727,617

12,472,755

Less accumulated depreciation

(589,932)

(567,573)

 

 

 

Property and equipment, net

$14,137,685

$11,905,182