|
Consolidated Balance Sheets (USD $)
|
Dec. 31, 2013
|
Dec. 31, 2012
|
| CURRENT ASSETS |
|
|
| Cash |
$ 1,280,681 |
$ 2,031,039 |
| Restricted cash |
488,715 |
412,665 |
| Short-term investments and accrued interest receivable |
|
320,950 |
| Short-term investments - restricted |
90,005 |
316,891 |
| Accounts receivable and other current assets |
3,046,678 |
1,305,317 |
| Work-in-progress |
518,762 |
527,300 |
| Inventory |
92,663 |
281,521 |
| Costs and estimated profits in excess of billings |
849,241 |
|
| Other current assets |
231,923 |
335,187 |
| Total current assets |
6,598,668 |
5,530,870 |
| Property and equipment, net |
23,831,680 |
24,820,575 |
| OTHER ASSETS |
|
|
| Escrow cash reserves for contractual commitments |
1,288,231 |
1,143,005 |
| Deferred offering and loan costs |
6,843 |
329,624 |
| Intangible assets |
258,666 |
563,593 |
| Goodwill |
214,090 |
214,090 |
| Project development costs and other |
89,540 |
345,361 |
| Total other assets |
1,857,370 |
2,595,673 |
| TOTAL ASSETS |
32,287,718 |
32,947,118 |
| CURRENT LIABILITIES |
|
|
| Accounts payable |
2,499,522 |
579,300 |
| Accounts payable and accrued expenses |
1,305,447 |
908,072 |
| Payable to former owners of acquired company |
|
985,872 |
| Deferred revenue - license arrangement and other |
317,408 |
317,408 |
| Current portion of notes payable |
910,612 |
234,807 |
| Current deferred income taxes |
|
11,000 |
| Derivative liabilities |
194,196 |
225,109 |
| Nonrecourse debt |
834,555 |
784,606 |
| Total current liabilities |
6,061,740 |
4,046,174 |
| LONG-TERM LIABILITIES |
|
|
| Nonrecourse debt, net of current portion |
9,032,734 |
9,866,504 |
| Notes payable, net of current portion |
3,123,617 |
2,998,668 |
| Derivative liabilities- interest rate swap |
265,804 |
898,400 |
| Other long-term liabilities |
553,464 |
|
| Deferred revenue - license arrangement and 1603 Grant, net of current portion |
1,967,839 |
2,070,128 |
| Deferred revenue - power purchase contract |
4,058,924 |
3,881,870 |
| Deferred income taxes |
42,000 |
31,000 |
| Total long-term liabilities |
19,044,382 |
19,746,570 |
| REDEEMABLE PREFERRED MEMBERSHIP INTERESTS |
2,518,450 |
2,518,450 |
| REDEEMABLE CUMULATIVE PREFERRED STOCK OF SUBSIDIARY |
1,580,000 |
180,000 |
| Preferred Stock, 20,000,000 shares authorized |
|
|
| Common Stock - $.0001 par value; 100,000,000 shares authorized, 24,449,626 and 23,155,146 issued and 24,260,022 and 22,965,542 outstanding December 31, 2013 and 2012, respectively |
2,445 |
2,316 |
| Additional paid-in capital |
9,348,324 |
9,341,235 |
| Treasury stock, 189,604 shares held by the Company at December 31, 2013 and December 31, 2012 |
(218,965) |
(218,965) |
| Accumulated deficit |
(21,421,071) |
(17,778,255) |
| Total equity attributable to Juhl Energy, Inc. |
1,672,819 |
5,266,465 |
| Noncontrolling interest in equity |
1,410,327 |
1,189,459 |
| Total stockholders' equity |
3,083,146 |
6,455,924 |
| TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY |
32,287,718 |
32,947,118 |
|
Series A Convertivle Preferred Stock [Member]
|
|
|
| Preferred Stock, 20,000,000 shares authorized |
|
|
| Preferred Stock, 20,000,000 shares authorized Series A convertible preferred stock - $.0001 par value, 4,820,000 issued and outstanding as of March 31, 2012 and December 31, 2011 |
2,569,683 |
2,527,731 |
|
Series B Convertible Preferred Stock Member
|
|
|
| Preferred Stock, 20,000,000 shares authorized |
|
|
| Preferred Stock, 20,000,000 shares authorized Series A convertible preferred stock - $.0001 par value, 4,820,000 issued and outstanding as of March 31, 2012 and December 31, 2011 |
11,392,403 |
11,392,403 |
|
Variable Interest Entity, Primary Beneficiary [Member]
|
|
|
| CURRENT ASSETS |
|
|
| Cash |
119,734 |
44,970 |
| Restricted cash |
374,443 |
330,633 |
| Accounts receivable and other current assets |
221,955 |
231,423 |
| Property and equipment, net |
15,003,771 |
15,669,942 |
| OTHER ASSETS |
|
|
| Total other assets |
800,000 |
700,000 |
| TOTAL ASSETS |
16,519,903 |
16,976,968 |
| CURRENT LIABILITIES |
|
|
| Accounts payable and accrued expenses |
403,533 |
424,270 |
| Derivative liabilities |
460,000 |
1,123,509 |
| Nonrecourse debt |
9,177,788 |
9,681,758 |
| Total liabilities |
10,071,918 |
11,246,159 |
| LONG-TERM LIABILITIES |
|
|
| Deferred revenue - power purchase contract |
$ 30,597 |
$ 16,622 |