Us Geothermal 10-Q 9 Nov 16 2017 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Sep. 30, 2016	Nov. 04, 2016
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Sep. 30, 2016
Trading Symbol	htm
Entity Registrant Name	US GEOTHERMAL INC
Entity Central Index Key	1,172,136
Current Fiscal Year End Date	--03-31
Entity Filer Category	Smaller Reporting Company
Entity Common Stock, Shares Outstanding		113,537,792
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Well Known Seasoned Issuer	No
Document Fiscal Year Focus	2,017
Document Fiscal Period Focus	Q3

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($)	Sep. 30, 2016	Dec. 31, 2015
Current:
Cash and cash equivalents	$ 13,062,982	$ 8,654,375
Restricted cash and security bonds	8,672,450	4,696,007
Trade accounts receivable	2,301,475	3,766,517
Other current assets	1,685,190	1,680,819
Total current assets	25,722,097	18,797,718
Restricted cash and security bond reserves	19,983,531	17,495,789
Property, plant and equipment, net of depreciation	170,047,354	167,736,792
Intangible assets, net of amortization	15,129,565	15,265,828
Net deferred income tax asset	9,217,000	8,921,000
Total assets	240,099,547	228,217,127
Current Liabilities:
Accounts payable and accrued liabilities	1,539,525	2,703,226
Convertible promissory note	0	1,597,000
Current portion of notes payable	4,264,973	4,412,012
Total current liabilities	5,804,498	8,712,238
Long-term Liabilities:
Asset retirement obligations	1,204,930	1,204,930
Notes payable, less current portion	104,414,223	89,887,052
Total long-term liabilities	105,619,153	91,091,982
Total liabilities	111,423,651	99,804,220
Commitments and Contingencies	0	0
STOCKHOLDERS' EQUITY
Capital stock (authorized: 250,000,000 common shares with a $0.001 par value; issued and outstanding shares at September 30, 2016 and December 31, 2015 were: 113,424,492 and 107,601,425; respectively)	113,425	107,601
Additional paid-in capital	121,474,771	118,131,013
Accumulated deficit	(17,930,454)	(17,437,631)
Total Stockholders' Equity before Non-controlling interests	103,657,742	100,800,983
Non-controlling interests	25,018,154	27,611,924
Total stockholders' equity	128,675,896	128,412,907
Total liabilities and stockholders' equity	$ 240,099,547	$ 228,217,127

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares	Sep. 30, 2016	Dec. 31, 2015
Common Stock, Shares Authorized	250,000,000	250,000,000
Common Stock, Par Value Per Share	$ 0.001	$ 0.001
Common Stock, Shares, Issued	113,424,492	107,601,425
Common Stock, Shares, Outstanding	113,424,492	107,601,425

CONSOLIDATED STATEMENTS OF OPER

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Plant Revenues:
Energy sales	$ 6,654,363	$ 6,854,109	$ 20,655,109	$ 21,009,178
Energy credit sales	78,931	75,738	245,741	255,710
Total plant operating revenues	6,733,294	6,929,847	20,900,850	21,264,888
Plant Expenses:
Plant production expenses	2,276,969	2,532,780	6,893,103	7,307,590
Depreciation and amortization	1,586,903	1,577,622	4,752,192	4,720,220
Total plant operating expenses	3,863,872	4,110,402	11,645,295	12,027,810
Gross Profit	2,869,422	2,819,445	9,255,555	9,237,078
Operating Expenses:
Corporate administration	406,513	263,301	1,060,217	886,485
Professional and management fees	168,489	185,005	1,380,649	818,697
Employee compensation	699,554	670,940	2,381,550	2,303,407
Promotion	66,590	74,358	330,487	148,866
Exploration	3,826	3,826	31,421	72,557
Operating Income	1,524,450	1,622,015	4,071,231	5,007,066
Other (income) expense:
Interest expense	1,241,454	927,730	3,217,949	2,855,816
Other (income) expense	104,766	(70,794)	81,924	(131,863)
Income (Loss) Before Income Tax Expense (Benefit)	178,230	765,079	771,358	2,283,113
Change in deferred income taxes	(90,000)	170,000	(296,000)	473,000
Net Income (Loss)	268,230	595,079	1,067,358	1,810,113
Net (income) loss attributable to the non-controlling interests	(418,728)	(314,215)	(1,560,181)	(1,028,934)
Net Income (Loss) Attributable to U.S. Geothermal Inc.	$ (150,498)	$ 280,864	$ (492,823)	$ 781,179
Net Earnings (Loss) Per Share Attributable to U.S. Geothermal Inc.:
Basic	$ 0	$ 0	$ 0	$ 0
Diluted	$ 0	$ 0	$ 0	$ 0
Shares used in the calculation of income per share:
Basic	113,292,996	107,164,333	111,463,616	106,902,666
Diluted	113,292,996	108,359,065	111,463,616	108,584,804

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)	9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015
Operating Activities:
Net Income	$ 1,067,358	$ 1,810,113
Adjustments to reconcile net income to total cash provided by operating activities:
Depreciation and amortization	4,842,857	4,809,489
Loss on disposal of equipment	124,930	0
Stock based compensation	865,461	978,487
Change in deferred income taxes	(296,000)	473,000
Net changes in:
Trade accounts receivable	1,465,042	1,313,582
Accounts payable and accrued liabilities	(545,207)	(227,414)
Prepaid expenses and other assets	(4,372)	(19,385)
Total cash provided by operating activities	7,520,069	9,137,872
Investing Activities:
Purchases of property, plant and equipment	(7,711,706)	(4,529,040)
Net (funding) release of restricted cash reserves and security bonds	(6,464,185)	984,498
Total cash used by investing activities	(14,175,891)	(3,544,542)
Financing Activities:
Issuance of common stock	2,484,121	49,549
Distributions to non-controlling interest	(4,153,951)	(3,462,589)
Proceeds from notes payable, net of issuance costs	19,185,986	0
Principal payments on notes payable and other obligations	(4,854,727)	(3,981,771)
Principal payment on capital lease obligations	0	(20,919)
Principal payment on note for subsidiary acquisition	(1,597,000)	0
Total cash provided (used) by financing activities	11,064,429	(7,415,730)
Increase (Decrease) in Cash and Cash Equivalents	4,408,607	(1,822,400)
Cash and Cash Equivalents, Beginning of Period	8,654,375	12,994,975
Cash and Cash Equivalents, End of Period	13,062,982	11,172,575
Non-cash investing and financing activities:
Accrual for purchases of property and equipment	618,494	8,230
Non-cash distributions to non-controlling interest	0	24,000
Other Items:
Interest paid	$ 3,585,942	$ 3,305,363

CONSOLIDATED STATEMENTS OF CHAN

CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS EQUITY - Unaudited - USD ($)	Common Shares [Member]	Additional Paid-In Capital [Member]	Accumulated Deficit [Member]	Non-controlling Interest [Member]	Total
Beginning Balance at Dec. 31, 2014	$ 107,018	$ 103,669,371	$ (19,284,860)	$ 46,397,092	$ 130,888,621
Beginning Balance (Shares) at Dec. 31, 2014	107,018,029
Distributions to non-controlling interest entities				(3,486,589)	(3,486,589)
Acquisition of additional interest in subsidiary		13,304,848		(18,401,848)	(5,097,000)
Stock issued by the exercise of employee stock options	$ 155	49,395			49,550
Stock issued by the exercise of employee stock options (Shares)	155,000
Stock compensation	$ 428	1,107,399			1,107,827
Stock compensation (shares)	428,396
Net income			1,847,229	3,103,269	4,950,498
Ending Balance at Dec. 31, 2015	$ 107,601	118,131,013	(17,437,631)	27,611,924	128,412,907
Ending Balance (Shares) at Dec. 31, 2015	107,601,425
Distributions to non-controlling interest entities				(4,153,951)	(4,153,951)
Stock issued under At Market Issuance Purchase Agreement net of commitment shares valued at $225,000	$ 2,464	1,186,171			1,188,635
Stock issued under At Market Issuance Purchase Agreement net of commitment shares valued at $225,000 (Shares)	2,463,810
Stock issued by the exercise of employee stock options	$ 1,910	793,576			795,486
Stock issued by the exercise of employee stock options (Shares)	1,909,750
Stock issued by the exercise of broker warrants	$ 1,000	499,000			500,000
Stock issued by the exercise of broker warrants (Shares)	1,000,000
Stock compensation	$ 450	865,011			865,461
Stock compensation (shares)	449,507
Net income			(492,823)	1,560,181	1,067,358
Ending Balance at Sep. 30, 2016	$ 113,425	$ 121,474,771	$ (17,930,454)	$ 25,018,154	$ 128,675,896
Ending Balance (Shares) at Sep. 30, 2016	113,424,492

ORGANIZATION AND DESCRIPTION OF

ORGANIZATION AND DESCRIPTION OF BUSINESS	9 Months Ended
	Sep. 30, 2016
ORGANIZATION AND DESCRIPTION OF BUSINESS [Text Block]	NOTE 1 - ORGANIZATION AND DESCRIPTION OF BUSINESS U.S. Geothermal Inc. (“the Company”) was incorporated on March 10, 2000 in the State of Delaware. U.S. Geothermal Inc. – Idaho was formed in February 2002, and is the primary subsidiary through which the Company conducts its operations. The Company constructs, manages and operates power plants that utilize geothermal resources to produce energy. The Company’s operations have been, primarily, focused in the Western United States of America. Basis of Presentation These unaudited interim consolidated financial statements of the Company and its subsidiaries have been prepared in accordance with the rules and regulations of the Securities and Exchange Commission (“SEC”) for interim financial reporting. Certain information and footnote disclosures normally included in the annual consolidated financial statements prepared in accordance with U.S. generally accepted accounting principles (“GAAP”) have been condensed or omitted pursuant to such rules and regulations. In our opinion, the unaudited consolidated financial statements include all material adjustments, all of which are of a normal and recurring nature, necessary to present fairly our financial position as of September 30, 2016 and our operating results and cash flows for the nine months ended September 30, 2016 and 2015. The accompanying financial information as of December 31, 2015, is derived from audited financial statements. Interim results are not necessarily indicative of results for a full year. The information included in this Quarterly Report on Form 10-Q should be read in conjunction with our Annual Report on Form 10-K for the year ended December 31, 2015. The Company consolidates subsidiaries that it controls (more-than- 50% owned) and entities over which control is achieved through means other than voting rights. These consolidated financial statements include the accounts of the Company and its wholly owned subsidiaries, as well as three controlling interests. The accounts of the following companies are consolidated in these financial statements: i) U.S. Geothermal Inc. (incorporated in the State of Delaware); ii) U.S. Geothermal Inc. (incorporated in the State of Idaho); iii) U.S. Geothermal Services, LLC (organized in the State of Delaware); iv) Nevada USG Holdings, LLC (organized in the State of Delaware); v) USG Nevada LLC (organized in the State of Delaware); vi) Nevada North USG Holdings, LLC (organized in the State of Delaware); vii) USG Nevada North, LLC (organized in the State of Delaware); viii) Oregon USG Holdings, LLC (organized in the State of Delaware); ix) USG Oregon LLC (organized in the State of Delaware); x) Raft River Energy I LLC (organized in the State of Delaware); xi) Gerlach Geothermal LLC (organized in the State of Delaware); xii) USG Gerlach LLC (organized in the State of Delaware); xiii) U.S. Geothermal Guatemala, S.A. (organized in Guatemala); xiv) Geysers USG Holdings Inc. (incorporated in the State of Delaware); xv) Western GeoPower, Inc. (incorporated in the State of California); xvi) USG Mayacamas Inc.. (incorporated in the State of Delaware)); xvii) Mayacamas Energy LLC (organized in the State of California); xviii) Skyline Geothermal LLC (organized in the State of Delaware); xix) Skyline Geothermal Holding, Inc. (incorporated in the State of Delaware); xx) Earth Power Resources Inc. (incorporated in Delaware); and xxi) Idaho USG Holdings LLC (organized in the State of Delaware). All intercompany transactions are eliminated upon consolidation. In cases where the Company owns a majority interest in an entity but does not own 100% of the interest in the entity, it recognizes a non-controlling interest attributed to the interest controlled by outside third parties. The Company will recognize 100% of the assets and liabilities of the entity, and disclose the non-controlling interest. The statements of income will consolidate the subsidiary’s full operations, and will separately disclose the elimination of the non-controlling interest’s allocation of profits and losses.

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	9 Months Ended
	Sep. 30, 2016
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Text Block]	NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Cash and Cash Equivalents The Company considers all unrestricted cash, short-term deposits, and other investments with original maturities of no more than ninety days when acquired to be cash and cash equivalents. Trade Accounts Receivable Allowance for Doubtful Accounts Management estimates the amount of trade accounts receivable that may not be collectible and records an allowance for doubtful accounts. The allowance is an estimate based upon aging of receivable balances, historical collection experience, and the periodic credit evaluations of our customers’ financial condition. Receivable balances are written off when we determine that the balance is uncollectible. As of September 30, 2016 and December 31, 2015, there were no balances that were over 90 days past due and no balance in allowance for doubtful accounts was recognized. Concentration of Credit Risk The Company’s cash and cash equivalents, including restricted cash, consisted of commercial bank deposits, money market accounts, and petty cash. Cash deposits are held in commercial banks in Boise, Idaho and Portland, Oregon. Deposits are guaranteed by the Federal Deposit Insurance Corporation (“FDIC”) up to $250,000 per legal entity. At September 30, 2016, the Company’s total cash balance, excluding money market funds, was $6,628,747 and bank deposits amounted to $6,932,724. The primary difference was due to outstanding checks and deposits. Of the bank deposits, $5,649,178 was not covered by or was in excess of FDIC insurance guaranteed limits. At September 30, 2016, the Company’s money market funds invested, primarily, in government backed securities totaled $33,617,617 and were not subject to deposit insurance. A contracted power purchaser held a security bond for the Company that totaled $1,468,898 at September 30, 2016. Property, Plant and Equipment Property, plant and equipment, including assets under capital lease, are recorded at historical cost. Costs of acquisition of geothermal properties are capitalized in the period of acquisition. Major improvements that significantly increase the useful lives and/or capabilities of the assets are capitalized. A primary factor in determining whether to capitalize construction type costs is the stage of the potential project’s development. Once a project is determined to be commercially viable, all costs directly associated with the development and construction of the project are capitalized. Until that time, all development costs are expensed. A commercially viable project will have, among other factors, a reservoir discovery well or other significant geothermal surface anomaly, a power transmission path that is identified and available, and an electricity off-taker identified. A valid reservoir discovery is generally defined when a test well has been substantially completed that indicates the presence of a geothermal reservoir that has a high probability of possessing the necessary temperatures, permeability, and flow rates. After a valid discovery has been made, the project enters the development stage. Generally, all costs incurred during the development stage are capitalized and tracked on an individual project basis. If a geothermal project is abandoned, the associated costs that have been capitalized are charged to expense in the year of abandonment. Expenditures for repairs and maintenance are charged to expense as incurred. Interest costs incurred during the construction period of defined major projects from debt that is specifically incurred for those projects are capitalized. Funds received from grants associated with capital projects reduce the cost of the asset directly associated with the individual grants. The offset of the cost of the asset associated with grant proceeds is recorded in the period when the requirements of the grant are substantially complete and the amount can be reasonably estimated. Direct labor costs, incurred for specific major projects expected to have long-term benefits will be capitalized. Direct labor costs subject to capitalization include employee salaries, as well as, related payroll taxes and benefits. With respect to the allocation of salaries to projects, salaries are allocated based on the percentage of hours that our key managers, engineers and scientists work on each project and are invoiced to the project each month. These individuals track their time worked at each project. Major projects are, generally, defined as projects expected to exceed $500,000. Direct labor includes all of the time incurred by employees directly involved with construction and development activities. General and/or indirect management time and time spent evaluating the feasibility of potential projects is expensed when incurred. Employee training time is expensed when incurred. Depreciation is calculated on a straight-line basis over the estimated useful life of the asset. Where appropriate, terms of property rights and revenue contracts can influence the determination of estimated useful lives. Estimated useful lives in years by major asset categories are summarized as follows: Estimated Useful Asset Categories Lives in Years Furniture, vehicle and other equipment 3 to 5 Power plant, buildings and improvements 3 to 30 Wells 30 Well pumps and components 5 to 15 Pipelines 30 Transmission lines 30 Stock Compensation The Company accounts for stock based compensation by recording the estimated fair value of stock-based awards granted as compensation expense over the vesting period, net of estimated forfeitures. The fair value of restricted stock awards is determined based on the number of shares granted and the quoted price of the Company’s common stock on the date of grant. The fair value of stock option awards is estimated at the grant date as calculated by the Black-Scholes-Merton option pricing model. Stock-based compensation expense is attributed to earnings for stock options and restricted stock on the straight-line method. The Company estimates forfeitures of stock-based awards based on historical experience and expected future activity. Earnings Per Share Basic income or loss per share is computed using the weighted average number of common shares outstanding during the period, and excludes any dilutive effects of common stock equivalent shares, such as options and restricted stock awards. Restricted stock awards (“RSAs”) are considered outstanding and included in the computation of basic income or loss per share when underlying restrictions expire and the awards are no longer forfeitable. Diluted income per share is computed using the weighted average number of common shares outstanding and common stock equivalent shares outstanding during the period using the treasury stock method. Common stock equivalent shares are excluded from the computation if their effect is anti-dilutive. In a period where the Company is in a net loss position, the diluted loss per share is computed using the basic share count. Foreign Currency Translation The Company’s functional currency is the U.S. dollar. Monetary items are converted into U.S. dollars at the rate prevailing at the balance sheet date. Resulting gains and losses are generally included in determining net income for the period in which exchange rates change. Revenue Revenue Recognition Energy Sales Renewable Energy Credits (“RECs”) Revenue Source All of the Company’s operating revenues (energy sales and energy credit sales) originate from energy production from its interests in geothermal power plants located in the states of Idaho, Oregon and Nevada. Recent Accounting Pronouncements Management has considered all recent accounting pronouncements. The following pronouncements were deemed applicable to our financial statements: Statement of Cash Flows , Statement of Cash Flows (Topic 230), Classification of Certain Cash Receipts and Cash Payments. Revenue Recognition Revenue from Contracts with Customers (Topic 606). . Revenue from Contracts with Customers (Topic 606), Identify Performance Obligations and Licensing. Revenue from Contracts with Customers (Topic 606), Principal versus Agent Considerations (Reporting Revenue Gross versus Net). Revenue from Contracts with Customers (Topic 606), Narrow-Scope Improvements and Practical Expedients. Stock Compensation Compensation- Stock Compensation (Topic 718), Improvements to Employee Share-Based Payment Accounting. Leases Leases (Topic 842).

RESTRICTED CASH AND SECURITY BO

RESTRICTED CASH AND SECURITY BOND RESERVES	9 Months Ended
	Sep. 30, 2016
RESTRICTED CASH AND SECURITY BOND RESERVES [Text Block]	NOTE 3 – RESTRICTED CASH AND SECURITY BOND RESERVES Under the terms of the loan agreements with the Department of Energy and Prudential Capital Group, various bond and cash reserves are required to provide assurances that the power plants will have the necessary funds to maintain expected operations and meet loan payment obligations. Restricted cash balances and bond reserves are summarized as follows: Current restricted cash and bond reserves : September 30, December 31, Restricting Entities/Purpose 2016 2015 Idaho Department of Water Resources, Geothermal Well Bond $ 260,000 $ 260,000 Bureau of Land Management, Geothermal Lease Bond- Gerlach 10,000 10,000 State of Nevada Division of Minerals, Statewide Drilling Bond 50,000 50,000 Bureau of Land Management, Geothermal Lease Bonds- USG Nevada 150,000 150,000 Oregon Department of Geology and Mineral Industries, Mineral Land and Reclamation Program 400,000 400,000 Prudential Capital Group, Cash Reserves 198,672 2,259 Prudential Capital Group, Debt Service Reserves (USG Nevada LLC) 1,599,899 1,595,555 Bureau of Land Management, Geothermal Rights Lease Bond 10,000 10,000 U.S. Department of Energy, Debt Service Reserve 402,292 2,118,193 State of California Division of Oil, Gas and Geothermal Resources, Well Cash Bond 100,000 100,000 Prudential Capital Group, Debt Service Reserves (Idaho USG Holdings LLC) 1,755,776 - Prudential Capital Group, Revenue Reserves (Idaho USG Holdings LLC) 1,841,240 - CAISO, Transmission Interconnection Escrow Deposits 1,894,571 - $ 8,672,450 $ 4,696,007 Long-term restricted cash and bond reserves: September 30, December 31, Restricting Entities/Purpose 2016 2015 Nevada Energy, PPA Security Bond $ 1,468,898 $ 1,468,898 Prudential Capital Group, Maintenance Reserves (USG Nevada LLC) 1,021,395 708,300 Prudential Capital Group, Well Reserves (USG Nevada LLC) 792,052 314,590 Prudential Capital Group, Maintenance Reserves (Idaho USG Holdings LLC) 1,807,890 - Prudential Capital Group, Capital Expenditure Reserves (Raft River Energy I LLC) 3,796 - U.S. Department of Energy, Operations Reserves 270,000 270,000 U.S. Department of Energy, Debt Service Reserves 2,413,771 2,542,058 U.S. Department of Energy, Short Term Well Field Reserves 4,508,314 4,507,110 U.S. Department of Energy, Long-Term Well Field Reserves 5,175,391 4,966,543 U.S. Department of Energy, Capital Expenditure Reserves 2,522,024 2,718,290 $ 19,983,531 $ 17,495,789 The well bonding requirements ensure that the Company has sufficient financial resources to construct, operate and maintain geothermal wells while safeguarding subsurface, surface and atmospheric resources from unreasonable degradation, and to protect ground water aquifers and surface water sources from contamination. Other future costs of environmental remediation cannot be reasonably estimated and have not been recorded. The debt service reserves are required to provide assurance that the Company will have sufficient funds to meet its debt payment obligations for the terms specified by the loan agreements. The maintenance and capital expenditure reserves are required by the lending entities to ensure that funds are available to acquire and maintain critical components of power plants and related supporting structures to enable the plants to operate according to expectations. Except for the PPA Security Bond, all of the restricted funds consisted of cash deposits or money market accounts held in commercial banks. Portions of the cash deposits are subject to FDIC insurance. During the first quarter of 2016, the Company entered into an interconnection agreement with CAISO that required escrow deposits of $1,000,069 for funding costs at our WGP Geysers Project. In May 2016, the Company’s wholly-owned subsidiary (Idaho USG Holdings LLC) entered in to a loan agreement with Prudential Capital Group. The terms of the loan agreement required the initial funding of three reserve accounts that totaled $6,454,205. The funding requirements of the new loan are based upon the operations and financial conditions of USG Oregon LLC and Raft River Energy I LLC. The PPA Security Bond is held by the power purchaser. All of the reserve accounts were considered to be fully funded at September 30, 2016 and December 31, 2015.

PROPERTY, PLANT AND EQUIPMENT

PROPERTY, PLANT AND EQUIPMENT	9 Months Ended
	Sep. 30, 2016
PROPERTY, PLANT AND EQUIPMENT [Text Block]	NOTE 4 - PROPERTY, PLANT AND EQUIPMENT During the third quarter ended September 30, 2016, the Company capitalized costs that totaled $2,629,648 for well drilling costs and facility improvements at the Raft River, Idaho power plant (Raft River Energy I LLC). Costs of $841,409 were capitalized for a new production well at the Guatemala Project. Costs of $450,355 were capitalized for drilling and reservoir studies for the San Emidio Phase II Project. Reservoir studies, injection strategies and permitting costs were incurred at the WGP Geysers Project that totaled $215,737. During the second quarter ended June 30, 2016, the Company capitalized costs that totaled $806,198 for well drilling costs and facility improvements at the Raft River, Idaho power plant (Raft River Energy I LLC). Costs of $312,422 were capitalized for a new production well at the Guatemala Project. Reservoir studies, injection strategies and permitting costs were incurred at the WGP Geysers Project that totaled $191,754. During the quarter ended March 31, 2016, the Company capitalized costs that totaled $495,761 for the design and engineering costs of the WGP Geysers Project power plant. Costs related to the study of the drilling results at Guatemala totaled $108,397. Property, plant and equipment, at cost, are summarized as follows: September 30, December 31, 2016 2015 Land $ 3,101,289 $ 3,074,052 Power production plant 159,876,162 159,800,893 Grant proceeds for power plants (52,965,236 ) (52,965,236 ) Wells 67,446,167 67,621,167 Grant proceeds for wells (3,464,555 ) (3,464,555 ) Furniture and equipment 3,808,979 3,668,984 177,802,806 177,735,305 Less: accumulated depreciation (35,629,145 ) (31,021,494 ) 142,173,661 146,713,811 Construction in progress 27,873,693 21,022,981 $ 170,047,354 $ 167,736,792 Depreciation expense was charged to plant operations and general expenses for the following periods: September 30, 2016 2015 Three months ended $ 1,565,316 $ 1,562,860 Nine months ended 4,678,085 4,673,225 Changes in construction in progress are summarized as follows: For the Nine Months Ended For the Year September 30, Ended December 2016 31, 2015 Beginning balances $ 21,022,981 $ 15,652,722 Development/construction 6,850,712 5,370,259 Transfers into production - - Ending balances $ 27,873,693 $ 21,022,981 Construction in Progress, at cost, consisting of the following projects/assets by location are as follows: September 30, December 31, 2016 2015 Raft River, Idaho: Unit I, well improvements $ 3,813,689 $ 105,160 Unit I, plant improvements 124,264 - Unit II, power plant, substation and transmission lines 805,758 750,493 Unit II, well construction 2,149,497 2,146,531 6,893,208 3,002,184 San Emidio, Nevada: Unit II, power plant, substation and transmission lines 426,941 426,942 Unit II, well construction 4,272,234 3,798,563 4,699,175 4,225,505 Neal Hot Springs, Oregon: Power plant and facilities 126,804 50,297 Well construction 368,124 314,360 494,928 364,657 WGP Geysers, California: Power plant and facilities 325,989 325,989 Well construction 8,594,000 7,690,748 8,919,989 8,016,737 Crescent Valley, Nevada: Well construction 1,419,155 1,228,888 El Ceibillo, Republic of Guatemala: Well Construction 5,438,738 4,176,510 Plant and facilities 8,500 8,500 5,447,238 4,185,010 $ 27,873,693 $ 21,022,981

INCOME TAXES

INCOME TAXES	9 Months Ended
	Sep. 30, 2016
INCOME TAXES [Text Block]	NOTE 5 – INCOME TAXES The Company’s estimated effective income tax rate is as follows: For the Nine Months Ended September 30, 2016 2015 U.S. Federal statutory rate 34.0% 34.0% Average State and foreign income tax, net of federal tax effect 3.5 3.7 Consolidated tax rate before non-controlling interest 37.5 37.7 Tax effect of non-controlling interests (37.5 ) (17.0 ) Net effective tax rate (0.0 )% 20.7% The provision for income taxes reflects an estimated effective income tax rate attributable to U.S. Geothermal Inc.’s share of income. Our provision for income taxes for the nine months ended September 30, 2016, reflects a reported effective tax rate of ( 0.0)% which differs from the statutory federal income tax rate of 34% primarily due to the impact of the non-controlling interest and state income taxes.

NOTES PAYABLE

NOTES PAYABLE	9 Months Ended
	Sep. 30, 2016
NOTES PAYABLE [Text Block]	NOTE 6 – NOTES PAYABLE Prudential Capital Group – Idaho USG Holdings LLC U.S. Department of Energy Loan advances/tranches and effective annual interest rates are detailed as follows: Annual Interest Description Amount Rate % Advances by date: August 31, 2011* $ 2,328,422 2.997 September 28, 2011 10,043,467 2.755 October 27, 2011 3,600,026 2.918 December 2, 2011 4,377,079 2.795 December 21, 2011 2,313,322 2.608 January 25, 2012 8,968,019 2.772 April 26, 2012 13,029,325 2.695 May 30, 2012 19,497,204 2.408 August 27, 2012 7,709,454 2.360 December 28, 2012 2,567,121 2.396 June 10, 2013 2,355,316 2.830 July 3, 2013* 2,242,628 3.073 July 31, 2013* 4,026,582 3.214 83,057,965 Principal paid through September 30, 2016 (22,886,691 ) Loan balance at September 30, 2016 $ 60,171,274 * - Individual tranches have been fully extinguished. Prudential Capital Group – USG Nevada LLC Auto Loan Based upon the terms of the notes payable and expected conditions that may impact some of those terms, the total estimated annual principal payments were calculated as follows: For the Twelve Months Ended Principal September 30, Payments 2017 $ 4,264,973 2018 3,914,832 2019 4,337,994 2020 4,553,344 2021 4,839,653 Thereafter 87,540,597 $ 109,451,393

COMMON STOCK

COMMON STOCK	9 Months Ended
	Sep. 30, 2016
COMMON STOCK [Text Block]	NOTE 7 – COMMON STOCK On January 25, 2016, the Company entered into a Purchase Agreement with Lincoln Park Capital (“LPC”). Under the Purchase Agreement, the Company has the right to sell and LPC has the obligation to purchase up to $10 million of equity capital over a 30 -month period. During the quarter ended September 30, 2016, the Company issued 338,492 shares of common stock as a result of employees exercising stock options priced between $0.31 and $0.74 per share. During the quarter ended June 30, 2016, the Company issued 1,346,258 shares of common stock as a result of employees exercising stock options priced between $0.31 and $0.74 per share. The Company issued 1,000,000 shares of common stock as a result of an investment company exercising warrants priced at $0.50 per share. During the quarter ended June 30, 2016, the Company issued 449,507 shares of common stock at prices of $0.63, $0.67 and $0.71 per share under the Company’s employee compensation (restricted shares) program. During the quarter ended March 31, 2016, the Company issued 2,463,810 shares of common stock at prices between $0.58 and $0.61 per share under the At the Market (“ATM”) Issuance Purchase Agreement with LPC. During the quarter ended March 31, 2016, the Company issued 225,000 shares of common stock as a result of employees and former employees exercising stock options priced at $0.31 per share.

STOCK BASED COMPENSATION

STOCK BASED COMPENSATION	9 Months Ended
	Sep. 30, 2016
STOCK BASED COMPENSATION [Text Block]	NOTE 8 - STOCK BASED COMPENSATION The Company has a stock incentive plan (the “Stock Incentive Plan”) for the purpose of attracting and motivating directors, officers, employees and consultants of the Company and advancing the interests of the Company. The Stock Incentive Plan is a 15% rolling plan approved by shareholders in September 2013, whereby the Company can grant options to the extent of 15% of the current outstanding common shares. Under the plan, all forfeited and exercised options can be replaced with new offerings. As of September 30, 2016, the Company can issue stock option grants totaling up to 17,013,673 shares. Options are typically granted for a term of up to five years from the date of grant. Stock options granted generally vest over a period of eighteen months, with 25% vesting on the date of grant and 25% vesting every six months thereafter. The Company recognizes compensation expense using the straight-line method of amortization. Historically, the Company has issued new shares to satisfy exercises of stock options and the Company expects to issue new shares to satisfy any future exercises of stock options. The following table reflects the summary of stock options outstanding at January 1, 2016 and changes for the nine months ended September 30, 2016: Weighted Average Number of Exercise Aggregate shares under Price Per Intrinsic options Share Value Balance outstanding, January 1, 2016 12,613,500 $ 0.57 $ 3,940,061 Forfeited/Expired (2,330,000 ) 0.83 Exercised` (1,909,750 ) 0.39 Granted 2,780,000 0.67 Balance outstanding, September 30, 2016 11,153,750 $ 0.56 $ 6,234,889 The fair value of each option award is estimated on the date of grant using the Black-Scholes option-pricing model. Expected volatilities are based on historical volatility of the Company’s stock. The Company uses historical data to estimate option volatility within the Black-Scholes model. The expected term of options granted represents the period of time that options granted are expected to be outstanding, based upon past experience and future estimates and includes data from the Plan. The risk-free rate for periods within the expected term of the option is based upon the U.S. Treasury yield curve in effect at the time of grant. The Company currently does not foresee the payment of dividends on common stock in the near term. Changes in the subjective input assumptions can materially affect the fair value estimate and, therefore, the existing models do not necessarily provide a reliable measure of the fair value of the Company’s stock options. As of September 30, 2016, there was $338,321 of total unrecognized compensation cost related to non-vested share-based compensation arrangements granted under the Plan. That cost is expected to be recognized over a weighted-average period of 1.5 years. During the quarter ended September 30, 2016, 40,000 options priced between $0.48 and $0.74 with were forfeited due to termination of a contractor and an employee. Stock Compensation Plan (Restricted Shares On April 12, 2016, the Company granted 269,507 shares of Company stock at a price of $0.71 to an employee of which 84,507 shares vest at grant date and the remaining 185,000 shares vest on April 12, 2017. On March 23, 2016, the Company granted 111,667 shares of Company stock at a price of $0.63 that fully vest on March 23, 2017 to its employees. On March 31, 2016, the Company granted 68,333 shares of Company stock at a price of $0.67 that fully vest on March 31, 2017 to its executive employees and directors. Through September 30, 2016, the total recognized fair value of these shares was $181,800. As of September 30, 2016, there was $125,683 of total unrecognized compensation cost related to non-vested restricted share grants. Stock Purchase Warrants At September 30, 2016, the outstanding broker warrants and share purchase warrants consisted of the following: Broker Warrant Share Warrant Broker Exercise Purchase Exercise Expiration Date Warrants Price Warrants Price May 23, 2017 255,721 $ 0.44 - $ - December 21, 2017 - - 2,310,812 0.50

FAIR VALUE MEASUREMENT

FAIR VALUE MEASUREMENT	9 Months Ended
	Sep. 30, 2016
FAIR VALUE MEASUREMENT [Text Block]	NOTE 9 – FAIR VALUE MEASUREMENT Current U.S. generally accepted accounting principles establishes a fair value hierarchy that prioritizes the inputs used to measure fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurement) and the lowest priority to unobservable inputs (Level 3 measurement). The three levels of the fair value hierarchy are as follows: Level 1 – Quoted prices are available in active markets for identical assets or liabilities. The following table discloses by level within the fair value hierarchy the Company’s assets and liabilities measured and reported on its Consolidated Balance Sheet as at fair value on a recurring basis: At September 30, 2016: Total Level 1 Level 2 Level 3 Assets: Money market accounts * $ 33,617,618 $ 33,617,618 $ - $ - At December 31, 2015: Total Level 1 Level 2 Level 3 Assets: Money market accounts * $ 27,921,666 $ 27,921,666 $ - $ - * - Money market accounts include both restricted and unrestricted funds.

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	9 Months Ended
	Sep. 30, 2016
COMMITMENTS AND CONTINGENCIES [Text Block]	NOTE 10 - COMMITMENTS AND CONTINGENCIES The Company has entered into several lease agreements with terms expiring up to December 1, 2034 for geothermal properties. The Company’s total lease costs are summarized as follows: For the Nine Months Ended, September 30, 2016 2015 Minimum lease payments $ 354,671 $ 215,212 Royalty based contingent lease payments 229,958 203,601 $ 584,629 $ 418,813 The following is the total contracted lease operating obligations for the next five years: Years Ending December 31, Amount 2016 $ 251,129 2017 994,906 2018 1,019,465 2019 914,152 2020 886,704 Thereafter 14,805,095

JOINT VENTURES_NON-CONTROLLING

JOINT VENTURES/NON-CONTROLLING INTERESTS	9 Months Ended
	Sep. 30, 2016
JOINT VENTURES/NON-CONTROLLING INTERESTS [Text Block]	NOTE 11 – JOINT VENTURES/NON-CONTROLLING INTERESTS Non-controlling interests included on the consolidated balance sheets of the Company are detailed as follows: September 30, December 31, 2016 2015 Gerlach Geothermal LLC interest held by Gerlach Green Energy, LLC $ 208,371 $ 213,882 Oregon USG Holdings LLC interest held by Enbridge Inc. 23,572,726 25,353,058 Raft River Energy I LLC interest held by Goldman Sachs 1,237,057 2,044,984 $ 25,018,154 $ 27,611,924 Gerlach Geothermal LLC The consolidated financial statements reflect 100% of the assets and liabilities of Gerlach, and report the current non-controlling interest of GGE. The full results of Gerlach’s operations are reflected in the statement of income with the elimination of the non-controlling interest identified. Oregon USG Holdings LLC The consolidated financial statements reflect 100% of the assets and liabilities of Oregon Holdings and USG Oregon LLC, and report the current non-controlling interest of Enbridge. The full results of Oregon Holdings and USG Oregon LLC’s operations are reflected in the statement of operations with the elimination of the non-controlling interest identified. Raft River Energy I LLC (“RREI”) The consolidated financial statements reflect 100% of the assets and liabilities of RREI, and report the current non-controlling interest of Goldman Sachs. The full results of RREI’s operations are reflected in the statement of income with the elimination of the non-controlling interest identified.

ASSET RETIRMENT OBLIGATIONS

ASSET RETIRMENT OBLIGATIONS	9 Months Ended
	Sep. 30, 2016
ASSET RETIRMENT OBLIGATIONS [Text Block]	NOTE 12 – ASSET RETIRMENT OBLIGATIONS The Geysers, California Raft River Energy I LLC, USG Nevada LLC, and USG Oregon LLC

BUSINESS SEGMENTS

BUSINESS SEGMENTS	9 Months Ended
	Sep. 30, 2016
BUSINESS SEGMENTS [Text Block]	NOTE 13 – BUSINESS SEGMENTS The Company has two reportable segments: Operating Plants, and Corporate and Development. These segments are managed and reported separately due to dissimilar economic characteristics. Operating plants are engaged in the sale of electricity from the power plants pursuant to long-tern PPAs. Corporate and development costs are intended to produce additional revenue generating projects. A summary of financial information concerning the Company’s reportable segments is shown in the following table: Operating Corporate & Plants Development Consolidated Total Assets: September 30, 2016 $ 183,488,046 $ 56,612,501 $ 240,099,547 December 31, 2015 186,989,224 41,227,903 228,217,127 For the Nine Months Ended September 30, 2016: Operating Revenues $ 20,900,850 $ - $ 20,900,850 Net Income (Loss) 5,917,713 (4,850,355 ) 1,067,358 2015: Operating Revenues 21,264,888 - 21,264,888 Net Income (Loss) 5,833,528 (4,023,415 ) 1,810,113 For the Three Months Ended September 30, 2016: Operating Revenues $ 6,733,294 $ - $ 6,733,294 Net Income (Loss) 1,644,485 (1,376,255 ) 268,230 2015: Operating Revenues 6,929,847 - 6,929,847 Net Income (Loss) 1,740,319 (1,145,240 ) 595,079

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	9 Months Ended
	Sep. 30, 2016
SUBSEQUENT EVENTS [Text Block]	NOTE 14 – SUBSEQUENT EVENT The Company has evaluated events and transactions that have occurred after the balance sheet date through November 9, 2016, which is considered to be the issuance date. The following event was identified for disclosure: Share Consolidation (Reverse Stock Split) (Unaudited) Basic net income (loss) per share attributable to U.S. Geothermal Inc.: Three Months Ended September 30, 2016 $ (0.01 ) Three Months Ended September 30, 2015 0.02 Nine Months Ended September 30, 2016 (0.03 ) Nine Months Ended September 30, 2015 0.04 Basic weighted average shares used in the calculation of net income (loss) per share: Three Months Ended September 30, 2016 18,882,166 Three Months Ended September 30, 2015 17,860,722 Nine Months Ended September 30, 2016 18,577,269 Nine Months Ended September 30, 2015 17,817,111

Summary of Significant Accoun21

Summary of Significant Accounting Policies (Policies)	9 Months Ended
	Sep. 30, 2016
Cash and Cash Equivalents [Policy Text Block]	Cash and Cash Equivalents The Company considers all unrestricted cash, short-term deposits, and other investments with original maturities of no more than ninety days when acquired to be cash and cash equivalents.
Trade Accounts Receivable Allowance for Doubtful Accounts [Policy Text Block]	Trade Accounts Receivable Allowance for Doubtful Accounts Management estimates the amount of trade accounts receivable that may not be collectible and records an allowance for doubtful accounts. The allowance is an estimate based upon aging of receivable balances, historical collection experience, and the periodic credit evaluations of our customers’ financial condition. Receivable balances are written off when we determine that the balance is uncollectible. As of September 30, 2016 and December 31, 2015, there were no balances that were over 90 days past due and no balance in allowance for doubtful accounts was recognized.
Concentration of Credit Risk [Policy Text Block]	Concentration of Credit Risk The Company’s cash and cash equivalents, including restricted cash, consisted of commercial bank deposits, money market accounts, and petty cash. Cash deposits are held in commercial banks in Boise, Idaho and Portland, Oregon. Deposits are guaranteed by the Federal Deposit Insurance Corporation (“FDIC”) up to $250,000 per legal entity. At September 30, 2016, the Company’s total cash balance, excluding money market funds, was $6,628,747 and bank deposits amounted to $6,932,724. The primary difference was due to outstanding checks and deposits. Of the bank deposits, $5,649,178 was not covered by or was in excess of FDIC insurance guaranteed limits. At September 30, 2016, the Company’s money market funds invested, primarily, in government backed securities totaled $33,617,617 and were not subject to deposit insurance. A contracted power purchaser held a security bond for the Company that totaled $1,468,898 at September 30, 2016.
Property, Plant and Equipment [Policy Text Block]	Property, Plant and Equipment Property, plant and equipment, including assets under capital lease, are recorded at historical cost. Costs of acquisition of geothermal properties are capitalized in the period of acquisition. Major improvements that significantly increase the useful lives and/or capabilities of the assets are capitalized. A primary factor in determining whether to capitalize construction type costs is the stage of the potential project’s development. Once a project is determined to be commercially viable, all costs directly associated with the development and construction of the project are capitalized. Until that time, all development costs are expensed. A commercially viable project will have, among other factors, a reservoir discovery well or other significant geothermal surface anomaly, a power transmission path that is identified and available, and an electricity off-taker identified. A valid reservoir discovery is generally defined when a test well has been substantially completed that indicates the presence of a geothermal reservoir that has a high probability of possessing the necessary temperatures, permeability, and flow rates. After a valid discovery has been made, the project enters the development stage. Generally, all costs incurred during the development stage are capitalized and tracked on an individual project basis. If a geothermal project is abandoned, the associated costs that have been capitalized are charged to expense in the year of abandonment. Expenditures for repairs and maintenance are charged to expense as incurred. Interest costs incurred during the construction period of defined major projects from debt that is specifically incurred for those projects are capitalized. Funds received from grants associated with capital projects reduce the cost of the asset directly associated with the individual grants. The offset of the cost of the asset associated with grant proceeds is recorded in the period when the requirements of the grant are substantially complete and the amount can be reasonably estimated. Direct labor costs, incurred for specific major projects expected to have long-term benefits will be capitalized. Direct labor costs subject to capitalization include employee salaries, as well as, related payroll taxes and benefits. With respect to the allocation of salaries to projects, salaries are allocated based on the percentage of hours that our key managers, engineers and scientists work on each project and are invoiced to the project each month. These individuals track their time worked at each project. Major projects are, generally, defined as projects expected to exceed $500,000. Direct labor includes all of the time incurred by employees directly involved with construction and development activities. General and/or indirect management time and time spent evaluating the feasibility of potential projects is expensed when incurred. Employee training time is expensed when incurred. Depreciation is calculated on a straight-line basis over the estimated useful life of the asset. Where appropriate, terms of property rights and revenue contracts can influence the determination of estimated useful lives. Estimated useful lives in years by major asset categories are summarized as follows: Estimated Useful Asset Categories Lives in Years Furniture, vehicle and other equipment 3 to 5 Power plant, buildings and improvements 3 to 30 Wells 30 Well pumps and components 5 to 15 Pipelines 30 Transmission lines 30
Stock Compensation [Policy Text Block]	Stock Compensation The Company accounts for stock based compensation by recording the estimated fair value of stock-based awards granted as compensation expense over the vesting period, net of estimated forfeitures. The fair value of restricted stock awards is determined based on the number of shares granted and the quoted price of the Company’s common stock on the date of grant. The fair value of stock option awards is estimated at the grant date as calculated by the Black-Scholes-Merton option pricing model. Stock-based compensation expense is attributed to earnings for stock options and restricted stock on the straight-line method. The Company estimates forfeitures of stock-based awards based on historical experience and expected future activity.
Earnings Per Share [Policy Text Block]	Earnings Per Share Basic income or loss per share is computed using the weighted average number of common shares outstanding during the period, and excludes any dilutive effects of common stock equivalent shares, such as options and restricted stock awards. Restricted stock awards (“RSAs”) are considered outstanding and included in the computation of basic income or loss per share when underlying restrictions expire and the awards are no longer forfeitable. Diluted income per share is computed using the weighted average number of common shares outstanding and common stock equivalent shares outstanding during the period using the treasury stock method. Common stock equivalent shares are excluded from the computation if their effect is anti-dilutive. In a period where the Company is in a net loss position, the diluted loss per share is computed using the basic share count.
Foreign Currency Translation [Policy Text Block]	Foreign Currency Translation The Company’s functional currency is the U.S. dollar. Monetary items are converted into U.S. dollars at the rate prevailing at the balance sheet date. Resulting gains and losses are generally included in determining net income for the period in which exchange rates change.
Revenue [Policy Text Block]	Revenue Revenue Recognition Energy Sales Renewable Energy Credits (“RECs”) Revenue Source All of the Company’s operating revenues (energy sales and energy credit sales) originate from energy production from its interests in geothermal power plants located in the states of Idaho, Oregon and Nevada.
Recent Accounting Pronouncements [Policy Text Block]	Recent Accounting Pronouncements Management has considered all recent accounting pronouncements. The following pronouncements were deemed applicable to our financial statements: Statement of Cash Flows , Statement of Cash Flows (Topic 230), Classification of Certain Cash Receipts and Cash Payments. Revenue Recognition Revenue from Contracts with Customers (Topic 606). . Revenue from Contracts with Customers (Topic 606), Identify Performance Obligations and Licensing. Revenue from Contracts with Customers (Topic 606), Principal versus Agent Considerations (Reporting Revenue Gross versus Net). Revenue from Contracts with Customers (Topic 606), Narrow-Scope Improvements and Practical Expedients. Stock Compensation Compensation- Stock Compensation (Topic 718), Improvements to Employee Share-Based Payment Accounting. Leases Leases (Topic 842).

SUMMARY OF SIGNIFICANT ACCOUN22

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)	9 Months Ended
	Sep. 30, 2016
Schedule of Property, Plant and Equipment, Estimated Useful Lives [Table Text Block]	Estimated Useful Asset Categories Lives in Years Furniture, vehicle and other equipment 3 to 5 Power plant, buildings and improvements 3 to 30 Wells 30 Well pumps and components 5 to 15 Pipelines 30 Transmission lines 30

RESTRICTED CASH AND SECURITY 23

RESTRICTED CASH AND SECURITY BOND RESERVES (Tables)	9 Months Ended
	Sep. 30, 2016
Schedule of Current restricted cash and bond reserves [Table Text Block]	September 30, December 31, Restricting Entities/Purpose 2016 2015 Idaho Department of Water Resources, Geothermal Well Bond $ 260,000 $ 260,000 Bureau of Land Management, Geothermal Lease Bond- Gerlach 10,000 10,000 State of Nevada Division of Minerals, Statewide Drilling Bond 50,000 50,000 Bureau of Land Management, Geothermal Lease Bonds- USG Nevada 150,000 150,000 Oregon Department of Geology and Mineral Industries, Mineral Land and Reclamation Program 400,000 400,000 Prudential Capital Group, Cash Reserves 198,672 2,259 Prudential Capital Group, Debt Service Reserves (USG Nevada LLC) 1,599,899 1,595,555 Bureau of Land Management, Geothermal Rights Lease Bond 10,000 10,000 U.S. Department of Energy, Debt Service Reserve 402,292 2,118,193 State of California Division of Oil, Gas and Geothermal Resources, Well Cash Bond 100,000 100,000 Prudential Capital Group, Debt Service Reserves (Idaho USG Holdings LLC) 1,755,776 - Prudential Capital Group, Revenue Reserves (Idaho USG Holdings LLC) 1,841,240 - CAISO, Transmission Interconnection Escrow Deposits 1,894,571 - $ 8,672,450 $ 4,696,007
Schedule of Long-term restricted cash and bond reserves [Table Text Block]	September 30, December 31, Restricting Entities/Purpose 2016 2015 Nevada Energy, PPA Security Bond $ 1,468,898 $ 1,468,898 Prudential Capital Group, Maintenance Reserves (USG Nevada LLC) 1,021,395 708,300 Prudential Capital Group, Well Reserves (USG Nevada LLC) 792,052 314,590 Prudential Capital Group, Maintenance Reserves (Idaho USG Holdings LLC) 1,807,890 - Prudential Capital Group, Capital Expenditure Reserves (Raft River Energy I LLC) 3,796 - U.S. Department of Energy, Operations Reserves 270,000 270,000 U.S. Department of Energy, Debt Service Reserves 2,413,771 2,542,058 U.S. Department of Energy, Short Term Well Field Reserves 4,508,314 4,507,110 U.S. Department of Energy, Long-Term Well Field Reserves 5,175,391 4,966,543 U.S. Department of Energy, Capital Expenditure Reserves 2,522,024 2,718,290 $ 19,983,531 $ 17,495,789

PROPERTY, PLANT AND EQUIPMENT (

PROPERTY, PLANT AND EQUIPMENT (Tables)	9 Months Ended
	Sep. 30, 2016
Schedule of Property, Plant and Equipment [Table Text Block]	September 30, December 31, 2016 2015 Land $ 3,101,289 $ 3,074,052 Power production plant 159,876,162 159,800,893 Grant proceeds for power plants (52,965,236 ) (52,965,236 ) Wells 67,446,167 67,621,167 Grant proceeds for wells (3,464,555 ) (3,464,555 ) Furniture and equipment 3,808,979 3,668,984 177,802,806 177,735,305 Less: accumulated depreciation (35,629,145 ) (31,021,494 ) 142,173,661 146,713,811 Construction in progress 27,873,693 21,022,981 $ 170,047,354 $ 167,736,792
Schedule of Depreciation Expense [Table Text Block]	September 30, 2016 2015 Three months ended $ 1,565,316 $ 1,562,860 Nine months ended 4,678,085 4,673,225
Schedule of Changes in Construction in Progress [Table Text Block]	For the Nine Months Ended For the Year September 30, Ended December 2016 31, 2015 Beginning balances $ 21,022,981 $ 15,652,722 Development/construction 6,850,712 5,370,259 Transfers into production - - Ending balances $ 27,873,693 $ 21,022,981
Schedule of Changes in Construction in Progress, by Project [Table Text Block]	September 30, December 31, 2016 2015 Raft River, Idaho: Unit I, well improvements $ 3,813,689 $ 105,160 Unit I, plant improvements 124,264 - Unit II, power plant, substation and transmission lines 805,758 750,493 Unit II, well construction 2,149,497 2,146,531 6,893,208 3,002,184 San Emidio, Nevada: Unit II, power plant, substation and transmission lines 426,941 426,942 Unit II, well construction 4,272,234 3,798,563 4,699,175 4,225,505 Neal Hot Springs, Oregon: Power plant and facilities 126,804 50,297 Well construction 368,124 314,360 494,928 364,657 WGP Geysers, California: Power plant and facilities 325,989 325,989 Well construction 8,594,000 7,690,748 8,919,989 8,016,737 Crescent Valley, Nevada: Well construction 1,419,155 1,228,888 El Ceibillo, Republic of Guatemala: Well Construction 5,438,738 4,176,510 Plant and facilities 8,500 8,500 5,447,238 4,185,010 $ 27,873,693 $ 21,022,981

INCOME TAXES (Tables)

INCOME TAXES (Tables)	9 Months Ended
	Sep. 30, 2016
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]	For the Nine Months Ended September 30, 2016 2015 U.S. Federal statutory rate 34.0% 34.0% Average State and foreign income tax, net of federal tax effect 3.5 3.7 Consolidated tax rate before non-controlling interest 37.5 37.7 Tax effect of non-controlling interests (37.5 ) (17.0 ) Net effective tax rate (0.0 )% 20.7%

NOTES PAYABLE (Tables)

NOTES PAYABLE (Tables)	9 Months Ended
	Sep. 30, 2016
Investments and Advances to Affiliates [Table Text Block]	Annual Interest Description Amount Rate % Advances by date: August 31, 2011* $ 2,328,422 2.997 September 28, 2011 10,043,467 2.755 October 27, 2011 3,600,026 2.918 December 2, 2011 4,377,079 2.795 December 21, 2011 2,313,322 2.608 January 25, 2012 8,968,019 2.772 April 26, 2012 13,029,325 2.695 May 30, 2012 19,497,204 2.408 August 27, 2012 7,709,454 2.360 December 28, 2012 2,567,121 2.396 June 10, 2013 2,355,316 2.830 July 3, 2013* 2,242,628 3.073 July 31, 2013* 4,026,582 3.214 83,057,965 Principal paid through September 30, 2016 (22,886,691 ) Loan balance at September 30, 2016 $ 60,171,274
Schedule of Annual Principal Payments Construction in Progress [Table Text Block]	For the Twelve Months Ended Principal September 30, Payments 2017 $ 4,264,973 2018 3,914,832 2019 4,337,994 2020 4,553,344 2021 4,839,653 Thereafter 87,540,597 $ 109,451,393

STOCK BASED COMPENSATION (Table

STOCK BASED COMPENSATION (Tables)	9 Months Ended
	Sep. 30, 2016
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]	Weighted Average Number of Exercise Aggregate shares under Price Per Intrinsic options Share Value Balance outstanding, January 1, 2016 12,613,500 $ 0.57 $ 3,940,061 Forfeited/Expired (2,330,000 ) 0.83 Exercised` (1,909,750 ) 0.39 Granted 2,780,000 0.67 Balance outstanding, September 30, 2016 11,153,750 $ 0.56 $ 6,234,889
Schedule of Stockholders' Equity Note, Warrants or Rights [Table Text Block]	Broker Warrant Share Warrant Broker Exercise Purchase Exercise Expiration Date Warrants Price Warrants Price May 23, 2017 255,721 $ 0.44 - $ - December 21, 2017 - - 2,310,812 0.50

FAIR VALUE MEASUREMENT (Tables)

FAIR VALUE MEASUREMENT (Tables)	9 Months Ended	12 Months Ended
	Sep. 30, 2016	Dec. 31, 2015
Schedule of Fair Value, by Balance Sheet Grouping [Table Text Block]	Total Level 1 Level 2 Level 3 Assets: Money market accounts * $ 33,617,618 $ 33,617,618 $ - $ -	Total Level 1 Level 2 Level 3 Assets: Money market accounts * $ 27,921,666 $ 27,921,666 $ - $ -

COMMITMENTS AND CONTINGENCIES (

COMMITMENTS AND CONTINGENCIES (Tables)	9 Months Ended
	Sep. 30, 2016
Commitments [Table Text Block]	For the Nine Months Ended, September 30, 2016 2015 Minimum lease payments $ 354,671 $ 215,212 Royalty based contingent lease payments 229,958 203,601 $ 584,629 $ 418,813
Schedule of Future Minimum Rental Payments for Operating Leases [Table Text Block]	Years Ending December 31, Amount 2016 $ 251,129 2017 994,906 2018 1,019,465 2019 914,152 2020 886,704 Thereafter 14,805,095

JOINT VENTURES_NON-CONTROLLIN30

JOINT VENTURES/NON-CONTROLLING INTERESTS (Tables)	9 Months Ended
	Sep. 30, 2016
Schedule of Non-controlling Interests [Table Text Block]	September 30, December 31, 2016 2015 Gerlach Geothermal LLC interest held by Gerlach Green Energy, LLC $ 208,371 $ 213,882 Oregon USG Holdings LLC interest held by Enbridge Inc. 23,572,726 25,353,058 Raft River Energy I LLC interest held by Goldman Sachs 1,237,057 2,044,984 $ 25,018,154 $ 27,611,924

BUSINESS SEGMENTS (Tables)

BUSINESS SEGMENTS (Tables)	9 Months Ended
	Sep. 30, 2016
Schedule of Segment Reporting Information, by Segment [Table Text Block]	Operating Corporate & Plants Development Consolidated Total Assets: September 30, 2016 $ 183,488,046 $ 56,612,501 $ 240,099,547 December 31, 2015 186,989,224 41,227,903 228,217,127 For the Nine Months Ended September 30, 2016: Operating Revenues $ 20,900,850 $ - $ 20,900,850 Net Income (Loss) 5,917,713 (4,850,355 ) 1,067,358 2015: Operating Revenues 21,264,888 - 21,264,888 Net Income (Loss) 5,833,528 (4,023,415 ) 1,810,113 For the Three Months Ended September 30, 2016: Operating Revenues $ 6,733,294 $ - $ 6,733,294 Net Income (Loss) 1,644,485 (1,376,255 ) 268,230 2015: Operating Revenues 6,929,847 - 6,929,847 Net Income (Loss) 1,740,319 (1,145,240 ) 595,079

SUBSEQUENT EVENTS (Tables)

SUBSEQUENT EVENTS (Tables)	9 Months Ended
	Sep. 30, 2016
Schedule of Earnings Per Share [Table Text Block]	(Unaudited) Basic net income (loss) per share attributable to U.S. Geothermal Inc.: Three Months Ended September 30, 2016 $ (0.01 ) Three Months Ended September 30, 2015 0.02 Nine Months Ended September 30, 2016 (0.03 ) Nine Months Ended September 30, 2015 0.04 Basic weighted average shares used in the calculation of net income (loss) per share: Three Months Ended September 30, 2016 18,882,166 Three Months Ended September 30, 2015 17,860,722 Nine Months Ended September 30, 2016 18,577,269 Nine Months Ended September 30, 2015 17,817,111

ORGANIZATION AND DESCRIPTION 33

ORGANIZATION AND DESCRIPTION OF BUSINESS (Narrative) (Details)	9 Months Ended
	Sep. 30, 2016
Organization And Description Of Business 1	50.00%
Organization And Description Of Business 2	100.00%
Organization And Description Of Business 3	100.00%

SUMMARY OF SIGNIFICANT ACCOUN34

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Narrative) (Details)	9 Months Ended
	Sep. 30, 2016USD ($)d
Summary Of Significant Accounting Policies 1 | d	90
Summary Of Significant Accounting Policies 2	$ 250,000
Summary Of Significant Accounting Policies 3	6,628,747
Summary Of Significant Accounting Policies 4	6,932,724
Summary Of Significant Accounting Policies 5	5,649,178
Summary Of Significant Accounting Policies 6	33,617,617
Summary Of Significant Accounting Policies 7	1,468,898
Summary Of Significant Accounting Policies 8	$ 500,000

RESTRICTED CASH AND SECURITY 35

RESTRICTED CASH AND SECURITY BOND RESERVES (Narrative) (Details)	9 Months Ended
	Sep. 30, 2016USD ($)
Restricted Cash And Security Bond Reserves 1	$ 1,000,069
Restricted Cash And Security Bond Reserves 2	$ 6,454,205

PROPERTY, PLANT AND EQUIPMENT36

PROPERTY, PLANT AND EQUIPMENT (Narrative) (Details)	9 Months Ended
	Sep. 30, 2016USD ($)
Property, Plant And Equipment 1	$ 2,629,648
Property, Plant And Equipment 2	841,409
Property, Plant And Equipment 3	450,355
Property, Plant And Equipment 4	215,737
Property, Plant And Equipment 5	806,198
Property, Plant And Equipment 6	312,422
Property, Plant And Equipment 7	191,754
Property, Plant And Equipment 8	495,761
Property, Plant And Equipment 9	$ 108,397

INCOME TAXES (Narrative) (Detai

INCOME TAXES (Narrative) (Details)	9 Months Ended
	Sep. 30, 2016
Income Taxes 1	0.00%
Income Taxes 2	34.00%

NOTES PAYABLE (Narrative) (Deta

NOTES PAYABLE (Narrative) (Details)	9 Months Ended
	Sep. 30, 2016USD ($)yr
Notes Payable 1	$ 20,000,000
Notes Payable 2	50,000,000
Notes Payable 3	$ 20,000,000
Notes Payable 4	5.80%
Notes Payable 5	20
Notes Payable 6	$ 16,009,495
Notes Payable 7 | yr	7
Notes Payable 8	$ 19,919,869
Notes Payable 9	618,640
Notes Payable 10	772,197
Notes Payable 11	821,070
Notes Payable 12	48,873
Notes Payable 13	$ 96,800,000
Notes Payable 14	13
Notes Payable 15 | yr	21.5
Notes Payable 16	2.598%
Notes Payable 17	$ 1,709,963
Notes Payable 18	1,499,259
Notes Payable 19	60,171,274
Notes Payable 20	$ 2,998,518
Notes Payable 21 | yr	24
Notes Payable 22	6.75%
Notes Payable 23	$ 29,353,782
Notes Payable 24	644,405
Notes Payable 25	39,496
Notes Payable 26	$ 313
Notes Payable 27	6.74%
Notes Payable 28	$ 6,468
Notes Payable 29	$ 3,410

COMMON STOCK (Narrative) (Detai

COMMON STOCK (Narrative) (Details)	9 Months Ended
	Sep. 30, 2016USD ($)$ / sharesshares
Common Stock 1 | $	$ 10,000,000
Common Stock 2	30
Common Stock 3 | shares	338,492
Common Stock 4 | $	$ 0.31
Common Stock 5 | $ / shares	$ 0.74
Common Stock 6 | shares	1,346,258
Common Stock 7 | $	$ 0.31
Common Stock 8 | $ / shares	$ 0.74
Common Stock 9 | shares	1,000,000
Common Stock 10 | $ / shares	$ 0.50
Common Stock 11 | shares	449,507
Common Stock 12 | $	$ 0.63
Common Stock 13 | $	$ 0.67
Common Stock 14 | $ / shares	$ 0.71
Common Stock 15 | shares	2,463,810
Common Stock 16 | $	$ 0.58
Common Stock 17 | $ / shares	$ 0.61
Common Stock 18 | shares	225,000
Common Stock 19 | $ / shares	$ 0.31

STOCK BASED COMPENSATION (Narra

STOCK BASED COMPENSATION (Narrative) (Details)	9 Months Ended
	Sep. 30, 2016USD ($)yrshares
Stock Based Compensation 1	15.00%
Stock Based Compensation 2	15.00%
Stock Based Compensation 3 | shares	17,013,673
Stock Based Compensation 4	25.00%
Stock Based Compensation 5	25.00%
Stock Based Compensation 6	$ 338,321
Stock Based Compensation 7 | yr	1.5
Stock Based Compensation 8 | shares	40,000
Stock Based Compensation 9	$ 0.48
Stock Based Compensation 10	$ 0.74
Stock Based Compensation 11 | shares	269,507
Stock Based Compensation 12	$ 0.71
Stock Based Compensation 13 | shares	84,507
Stock Based Compensation 14 | shares	185,000
Stock Based Compensation 15 | shares	111,667
Stock Based Compensation 16	$ 0.63
Stock Based Compensation 17 | shares	68,333
Stock Based Compensation 18	$ 0.67
Stock Based Compensation 19	181,800
Stock Based Compensation 20	$ 125,683

JOINT VENTURES_NON-CONTROLLIN41

JOINT VENTURES/NON-CONTROLLING INTERESTS (Narrative) (Details)	9 Months Ended
	Sep. 30, 2016USD ($)yr
Joint Ventures/non-controlling Interests 1	60.00%
Joint Ventures/non-controlling Interests 2	40.00%
Joint Ventures/non-controlling Interests 3	40.00%
Joint Ventures/non-controlling Interests 4	10.00%
Joint Ventures/non-controlling Interests 5	10.00%
Joint Ventures/non-controlling Interests 6	$ 757,190
Joint Ventures/non-controlling Interests 7	300,000
Joint Ventures/non-controlling Interests 8	704,460
Joint Ventures/non-controlling Interests 9	$ 496,000
Joint Ventures/non-controlling Interests 10	31.27%
Joint Ventures/non-controlling Interests 11	68.73%
Joint Ventures/non-controlling Interests 12	$ 15,000
Joint Ventures/non-controlling Interests 13	68.93%
Joint Ventures/non-controlling Interests 14	100.00%
Joint Ventures/non-controlling Interests 15	40.00%
Joint Ventures/non-controlling Interests 16	60.00%
Joint Ventures/non-controlling Interests 17	100.00%
Joint Ventures/non-controlling Interests 18	$ 32,801,000
Joint Ventures/non-controlling Interests 19	3,643,517
Joint Ventures/non-controlling Interests 20	5,193,883
Joint Ventures/non-controlling Interests 21	4,071,478
Joint Ventures/non-controlling Interests 22	$ 3,462,588
Joint Ventures/non-controlling Interests 23	100.00%
Joint Ventures/non-controlling Interests 24	$ 17,900,000
Joint Ventures/non-controlling Interests 25	$ 34,100,000
Joint Ventures/non-controlling Interests 26	70.00%
Joint Ventures/non-controlling Interests 27	1.00%
Joint Ventures/non-controlling Interests 28	95.00%
Joint Ventures/non-controlling Interests 29	99.00%
Joint Ventures/non-controlling Interests 30	1.00%
Joint Ventures/non-controlling Interests 31 | yr	10
Joint Ventures/non-controlling Interests 32	$ 1,203,349
Joint Ventures/non-controlling Interests 33	82,473
Joint Ventures/non-controlling Interests 34	$ 3,202,599
Joint Ventures/non-controlling Interests 35	100.00%

ASSET RETIRMENT OBLIGATIONS (Na

ASSET RETIRMENT OBLIGATIONS (Narrative) (Details)	9 Months Ended
	Sep. 30, 2016USD ($)
Asset Retirment Obligations 1	$ 598,930
Asset Retirment Obligations 2	606,000
Asset Retirment Obligations 3	$ 1,204,930

SUBSEQUENT EVENTS (Narrative) (

SUBSEQUENT EVENTS (Narrative) (Details)	9 Months Ended
	Sep. 30, 2016shares
Subsequent Events 1	1
Subsequent Events 2	2
Subsequent Events 3	1
Subsequent Events 4	6
Subsequent Events 5	1
Subsequent Events 6	6
Subsequent Events 7	1
Subsequent Events 8	6
Subsequent Events 9	6
Subsequent Events 10	1
Subsequent Events 11	6
Subsequent Events 12	1
Subsequent Events 13	6

Schedule of Property, Plant and

Schedule of Property, Plant and Equipment, Estimated Useful Lives (Details)	9 Months Ended
	Sep. 30, 2016USD ($)
Summary Of Significant Accounting Policies Schedule Of Property, Plant And Equipment, Estimated Useful Lives 1	$ 3
Summary Of Significant Accounting Policies Schedule Of Property, Plant And Equipment, Estimated Useful Lives 2	5
Summary Of Significant Accounting Policies Schedule Of Property, Plant And Equipment, Estimated Useful Lives 3	3
Summary Of Significant Accounting Policies Schedule Of Property, Plant And Equipment, Estimated Useful Lives 4	30
Summary Of Significant Accounting Policies Schedule Of Property, Plant And Equipment, Estimated Useful Lives 5	30
Summary Of Significant Accounting Policies Schedule Of Property, Plant And Equipment, Estimated Useful Lives 6	5
Summary Of Significant Accounting Policies Schedule Of Property, Plant And Equipment, Estimated Useful Lives 7	15
Summary Of Significant Accounting Policies Schedule Of Property, Plant And Equipment, Estimated Useful Lives 8	30
Summary Of Significant Accounting Policies Schedule Of Property, Plant And Equipment, Estimated Useful Lives 9	$ 30

Schedule of Current restricted

Schedule of Current restricted cash and bond reserves (Details)	9 Months Ended
	Sep. 30, 2016USD ($)
Restricted Cash And Security Bond Reserves Schedule Of Current Restricted Cash And Bond Reserves 1	$ 260,000
Restricted Cash And Security Bond Reserves Schedule Of Current Restricted Cash And Bond Reserves 2	260,000
Restricted Cash And Security Bond Reserves Schedule Of Current Restricted Cash And Bond Reserves 3	10,000
Restricted Cash And Security Bond Reserves Schedule Of Current Restricted Cash And Bond Reserves 4	10,000
Restricted Cash And Security Bond Reserves Schedule Of Current Restricted Cash And Bond Reserves 5	50,000
Restricted Cash And Security Bond Reserves Schedule Of Current Restricted Cash And Bond Reserves 6	50,000
Restricted Cash And Security Bond Reserves Schedule Of Current Restricted Cash And Bond Reserves 7	150,000
Restricted Cash And Security Bond Reserves Schedule Of Current Restricted Cash And Bond Reserves 8	150,000
Restricted Cash And Security Bond Reserves Schedule Of Current Restricted Cash And Bond Reserves 9	400,000
Restricted Cash And Security Bond Reserves Schedule Of Current Restricted Cash And Bond Reserves 10	400,000
Restricted Cash And Security Bond Reserves Schedule Of Current Restricted Cash And Bond Reserves 11	198,672
Restricted Cash And Security Bond Reserves Schedule Of Current Restricted Cash And Bond Reserves 12	2,259
Restricted Cash And Security Bond Reserves Schedule Of Current Restricted Cash And Bond Reserves 13	1,599,899
Restricted Cash And Security Bond Reserves Schedule Of Current Restricted Cash And Bond Reserves 14	1,595,555
Restricted Cash And Security Bond Reserves Schedule Of Current Restricted Cash And Bond Reserves 15	10,000
Restricted Cash And Security Bond Reserves Schedule Of Current Restricted Cash And Bond Reserves 16	10,000
Restricted Cash And Security Bond Reserves Schedule Of Current Restricted Cash And Bond Reserves 17	402,292
Restricted Cash And Security Bond Reserves Schedule Of Current Restricted Cash And Bond Reserves 18	2,118,193
Restricted Cash And Security Bond Reserves Schedule Of Current Restricted Cash And Bond Reserves 19	100,000
Restricted Cash And Security Bond Reserves Schedule Of Current Restricted Cash And Bond Reserves 20	100,000
Restricted Cash And Security Bond Reserves Schedule Of Current Restricted Cash And Bond Reserves 21	1,755,776
Restricted Cash And Security Bond Reserves Schedule Of Current Restricted Cash And Bond Reserves 22	0
Restricted Cash And Security Bond Reserves Schedule Of Current Restricted Cash And Bond Reserves 23	1,841,240
Restricted Cash And Security Bond Reserves Schedule Of Current Restricted Cash And Bond Reserves 24	0
Restricted Cash And Security Bond Reserves Schedule Of Current Restricted Cash And Bond Reserves 25	1,894,571
Restricted Cash And Security Bond Reserves Schedule Of Current Restricted Cash And Bond Reserves 26	0
Restricted Cash And Security Bond Reserves Schedule Of Current Restricted Cash And Bond Reserves 27	8,672,450
Restricted Cash And Security Bond Reserves Schedule Of Current Restricted Cash And Bond Reserves 28	$ 4,696,007

Schedule of Long-term restricte

Schedule of Long-term restricted cash and bond reserves (Details)	9 Months Ended
	Sep. 30, 2016USD ($)
Restricted Cash And Security Bond Reserves Schedule Of Long-term Restricted Cash And Bond Reserves 1	$ 1,468,898
Restricted Cash And Security Bond Reserves Schedule Of Long-term Restricted Cash And Bond Reserves 2	1,468,898
Restricted Cash And Security Bond Reserves Schedule Of Long-term Restricted Cash And Bond Reserves 3	1,021,395
Restricted Cash And Security Bond Reserves Schedule Of Long-term Restricted Cash And Bond Reserves 4	708,300
Restricted Cash And Security Bond Reserves Schedule Of Long-term Restricted Cash And Bond Reserves 5	792,052
Restricted Cash And Security Bond Reserves Schedule Of Long-term Restricted Cash And Bond Reserves 6	314,590
Restricted Cash And Security Bond Reserves Schedule Of Long-term Restricted Cash And Bond Reserves 7	1,807,890
Restricted Cash And Security Bond Reserves Schedule Of Long-term Restricted Cash And Bond Reserves 8	0
Restricted Cash And Security Bond Reserves Schedule Of Long-term Restricted Cash And Bond Reserves 9	3,796
Restricted Cash And Security Bond Reserves Schedule Of Long-term Restricted Cash And Bond Reserves 10	0
Restricted Cash And Security Bond Reserves Schedule Of Long-term Restricted Cash And Bond Reserves 11	270,000
Restricted Cash And Security Bond Reserves Schedule Of Long-term Restricted Cash And Bond Reserves 12	270,000
Restricted Cash And Security Bond Reserves Schedule Of Long-term Restricted Cash And Bond Reserves 13	2,413,771
Restricted Cash And Security Bond Reserves Schedule Of Long-term Restricted Cash And Bond Reserves 14	2,542,058
Restricted Cash And Security Bond Reserves Schedule Of Long-term Restricted Cash And Bond Reserves 15	4,508,314
Restricted Cash And Security Bond Reserves Schedule Of Long-term Restricted Cash And Bond Reserves 16	4,507,110
Restricted Cash And Security Bond Reserves Schedule Of Long-term Restricted Cash And Bond Reserves 17	5,175,391
Restricted Cash And Security Bond Reserves Schedule Of Long-term Restricted Cash And Bond Reserves 18	4,966,543
Restricted Cash And Security Bond Reserves Schedule Of Long-term Restricted Cash And Bond Reserves 19	2,522,024
Restricted Cash And Security Bond Reserves Schedule Of Long-term Restricted Cash And Bond Reserves 20	2,718,290
Restricted Cash And Security Bond Reserves Schedule Of Long-term Restricted Cash And Bond Reserves 21	19,983,531
Restricted Cash And Security Bond Reserves Schedule Of Long-term Restricted Cash And Bond Reserves 22	$ 17,495,789

Schedule of Property, Plant a47

Schedule of Property, Plant and Equipment (Details)	9 Months Ended
	Sep. 30, 2016USD ($)
Property, Plant And Equipment Schedule Of Property, Plant And Equipment 1	$ 3,101,289
Property, Plant And Equipment Schedule Of Property, Plant And Equipment 2	3,074,052
Property, Plant And Equipment Schedule Of Property, Plant And Equipment 3	159,876,162
Property, Plant And Equipment Schedule Of Property, Plant And Equipment 4	159,800,893
Property, Plant And Equipment Schedule Of Property, Plant And Equipment 5	(52,965,236)
Property, Plant And Equipment Schedule Of Property, Plant And Equipment 6	(52,965,236)
Property, Plant And Equipment Schedule Of Property, Plant And Equipment 7	67,446,167
Property, Plant And Equipment Schedule Of Property, Plant And Equipment 8	67,621,167
Property, Plant And Equipment Schedule Of Property, Plant And Equipment 9	(3,464,555)
Property, Plant And Equipment Schedule Of Property, Plant And Equipment 10	(3,464,555)
Property, Plant And Equipment Schedule Of Property, Plant And Equipment 11	3,808,979
Property, Plant And Equipment Schedule Of Property, Plant And Equipment 12	3,668,984
Property, Plant And Equipment Schedule Of Property, Plant And Equipment 13	177,802,806
Property, Plant And Equipment Schedule Of Property, Plant And Equipment 14	177,735,305
Property, Plant And Equipment Schedule Of Property, Plant And Equipment 15	(35,629,145)
Property, Plant And Equipment Schedule Of Property, Plant And Equipment 16	(31,021,494)
Property, Plant And Equipment Schedule Of Property, Plant And Equipment 17	142,173,661
Property, Plant And Equipment Schedule Of Property, Plant And Equipment 18	146,713,811
Property, Plant And Equipment Schedule Of Property, Plant And Equipment 19	27,873,693
Property, Plant And Equipment Schedule Of Property, Plant And Equipment 20	21,022,981
Property, Plant And Equipment Schedule Of Property, Plant And Equipment 21	170,047,354
Property, Plant And Equipment Schedule Of Property, Plant And Equipment 22	$ 167,736,792

Schedule of Depreciation Expens

Schedule of Depreciation Expense (Details)	9 Months Ended
	Sep. 30, 2016USD ($)
Property, Plant And Equipment Schedule Of Depreciation Expense 1	$ 1,565,316
Property, Plant And Equipment Schedule Of Depreciation Expense 2	1,562,860
Property, Plant And Equipment Schedule Of Depreciation Expense 3	4,678,085
Property, Plant And Equipment Schedule Of Depreciation Expense 4	$ 4,673,225

Schedule of Changes in Construc

Schedule of Changes in Construction in Progress (Details)	9 Months Ended
	Sep. 30, 2016USD ($)
Property, Plant And Equipment Schedule Of Changes In Construction In Progress 1	$ 21,022,981
Property, Plant And Equipment Schedule Of Changes In Construction In Progress 2	15,652,722
Property, Plant And Equipment Schedule Of Changes In Construction In Progress 3	6,850,712
Property, Plant And Equipment Schedule Of Changes In Construction In Progress 4	5,370,259
Property, Plant And Equipment Schedule Of Changes In Construction In Progress 5	0
Property, Plant And Equipment Schedule Of Changes In Construction In Progress 6	0
Property, Plant And Equipment Schedule Of Changes In Construction In Progress 7	27,873,693
Property, Plant And Equipment Schedule Of Changes In Construction In Progress 8	$ 21,022,981

Schedule of Changes in Constr50

Schedule of Changes in Construction in Progress, by Project (Details)	9 Months Ended
	Sep. 30, 2016USD ($)
Property, Plant And Equipment Schedule Of Changes In Construction In Progress, By Project 1	$ 3,813,689
Property, Plant And Equipment Schedule Of Changes In Construction In Progress, By Project 2	105,160
Property, Plant And Equipment Schedule Of Changes In Construction In Progress, By Project 3	124,264
Property, Plant And Equipment Schedule Of Changes In Construction In Progress, By Project 4	0
Property, Plant And Equipment Schedule Of Changes In Construction In Progress, By Project 5	805,758
Property, Plant And Equipment Schedule Of Changes In Construction In Progress, By Project 6	750,493
Property, Plant And Equipment Schedule Of Changes In Construction In Progress, By Project 7	2,149,497
Property, Plant And Equipment Schedule Of Changes In Construction In Progress, By Project 8	2,146,531
Property, Plant And Equipment Schedule Of Changes In Construction In Progress, By Project 9	6,893,208
Property, Plant And Equipment Schedule Of Changes In Construction In Progress, By Project 10	3,002,184
Property, Plant And Equipment Schedule Of Changes In Construction In Progress, By Project 11	426,941
Property, Plant And Equipment Schedule Of Changes In Construction In Progress, By Project 12	426,942
Property, Plant And Equipment Schedule Of Changes In Construction In Progress, By Project 13	4,272,234
Property, Plant And Equipment Schedule Of Changes In Construction In Progress, By Project 14	3,798,563
Property, Plant And Equipment Schedule Of Changes In Construction In Progress, By Project 15	4,699,175
Property, Plant And Equipment Schedule Of Changes In Construction In Progress, By Project 16	4,225,505
Property, Plant And Equipment Schedule Of Changes In Construction In Progress, By Project 17	126,804
Property, Plant And Equipment Schedule Of Changes In Construction In Progress, By Project 18	50,297
Property, Plant And Equipment Schedule Of Changes In Construction In Progress, By Project 19	368,124
Property, Plant And Equipment Schedule Of Changes In Construction In Progress, By Project 20	314,360
Property, Plant And Equipment Schedule Of Changes In Construction In Progress, By Project 21	494,928
Property, Plant And Equipment Schedule Of Changes In Construction In Progress, By Project 22	364,657
Property, Plant And Equipment Schedule Of Changes In Construction In Progress, By Project 23	325,989
Property, Plant And Equipment Schedule Of Changes In Construction In Progress, By Project 24	325,989
Property, Plant And Equipment Schedule Of Changes In Construction In Progress, By Project 25	8,594,000
Property, Plant And Equipment Schedule Of Changes In Construction In Progress, By Project 26	7,690,748
Property, Plant And Equipment Schedule Of Changes In Construction In Progress, By Project 27	8,919,989
Property, Plant And Equipment Schedule Of Changes In Construction In Progress, By Project 28	8,016,737
Property, Plant And Equipment Schedule Of Changes In Construction In Progress, By Project 29	1,419,155
Property, Plant And Equipment Schedule Of Changes In Construction In Progress, By Project 30	1,228,888
Property, Plant And Equipment Schedule Of Changes In Construction In Progress, By Project 31	5,438,738
Property, Plant And Equipment Schedule Of Changes In Construction In Progress, By Project 32	4,176,510
Property, Plant And Equipment Schedule Of Changes In Construction In Progress, By Project 33	8,500
Property, Plant And Equipment Schedule Of Changes In Construction In Progress, By Project 34	8,500
Property, Plant And Equipment Schedule Of Changes In Construction In Progress, By Project 35	5,447,238
Property, Plant And Equipment Schedule Of Changes In Construction In Progress, By Project 36	4,185,010
Property, Plant And Equipment Schedule Of Changes In Construction In Progress, By Project 37	27,873,693
Property, Plant And Equipment Schedule Of Changes In Construction In Progress, By Project 38	$ 21,022,981

Schedule of Effective Income Ta

Schedule of Effective Income Tax Rate Reconciliation (Details)	9 Months Ended
	Sep. 30, 2016
Income Taxes Schedule Of Effective Income Tax Rate Reconciliation 1	34.00%
Income Taxes Schedule Of Effective Income Tax Rate Reconciliation 2	34.00%
Income Taxes Schedule Of Effective Income Tax Rate Reconciliation 3	3.5
Income Taxes Schedule Of Effective Income Tax Rate Reconciliation 4	3.7
Income Taxes Schedule Of Effective Income Tax Rate Reconciliation 5	37.5
Income Taxes Schedule Of Effective Income Tax Rate Reconciliation 6	37.7
Income Taxes Schedule Of Effective Income Tax Rate Reconciliation 7	(37.5)
Income Taxes Schedule Of Effective Income Tax Rate Reconciliation 8	(17)
Income Taxes Schedule Of Effective Income Tax Rate Reconciliation 9	0
Income Taxes Schedule Of Effective Income Tax Rate Reconciliation 10	20.70%

Investments and Advances to Aff

Investments and Advances to Affiliates (Details)	9 Months Ended
	Sep. 30, 2016USD ($)
Notes Payable Investments And Advances To Affiliates 1	$ 2,328,422
Notes Payable Investments And Advances To Affiliates 2	2.997
Notes Payable Investments And Advances To Affiliates 3	$ 10,043,467
Notes Payable Investments And Advances To Affiliates 4	2.755
Notes Payable Investments And Advances To Affiliates 5	$ 3,600,026
Notes Payable Investments And Advances To Affiliates 6	2.918
Notes Payable Investments And Advances To Affiliates 7	$ 4,377,079
Notes Payable Investments And Advances To Affiliates 8	2.795
Notes Payable Investments And Advances To Affiliates 9	$ 2,313,322
Notes Payable Investments And Advances To Affiliates 10	2.608
Notes Payable Investments And Advances To Affiliates 11	$ 8,968,019
Notes Payable Investments And Advances To Affiliates 12	2.772
Notes Payable Investments And Advances To Affiliates 13	$ 13,029,325
Notes Payable Investments And Advances To Affiliates 14	2.695
Notes Payable Investments And Advances To Affiliates 15	$ 19,497,204
Notes Payable Investments And Advances To Affiliates 16	2.408
Notes Payable Investments And Advances To Affiliates 17	$ 7,709,454
Notes Payable Investments And Advances To Affiliates 18	2.360
Notes Payable Investments And Advances To Affiliates 19	$ 2,567,121
Notes Payable Investments And Advances To Affiliates 20	2.396
Notes Payable Investments And Advances To Affiliates 21	$ 2,355,316
Notes Payable Investments And Advances To Affiliates 22	2.830
Notes Payable Investments And Advances To Affiliates 23	$ 2,242,628
Notes Payable Investments And Advances To Affiliates 24	3.073
Notes Payable Investments And Advances To Affiliates 25	$ 4,026,582
Notes Payable Investments And Advances To Affiliates 26	3.214
Notes Payable Investments And Advances To Affiliates 27	$ 83,057,965
Notes Payable Investments And Advances To Affiliates 28	(22,886,691)
Notes Payable Investments And Advances To Affiliates 29	$ 60,171,274

Schedule of Annual Principal Pa

Schedule of Annual Principal Payments Construction in Progress (Details)	9 Months Ended
	Sep. 30, 2016USD ($)
Notes Payable Schedule Of Annual Principal Payments Construction In Progress 1	$ 4,264,973
Notes Payable Schedule Of Annual Principal Payments Construction In Progress 2	3,914,832
Notes Payable Schedule Of Annual Principal Payments Construction In Progress 3	4,337,994
Notes Payable Schedule Of Annual Principal Payments Construction In Progress 4	4,553,344
Notes Payable Schedule Of Annual Principal Payments Construction In Progress 5	4,839,653
Notes Payable Schedule Of Annual Principal Payments Construction In Progress 6	87,540,597
Notes Payable Schedule Of Annual Principal Payments Construction In Progress 7	$ 109,451,393

Schedule of Share-based Compens

Schedule of Share-based Compensation, Stock Options, Activity (Details)	9 Months Ended
	Sep. 30, 2016USD ($)
Stock Based Compensation Schedule Of Share-based Compensation, Stock Options, Activity 1	$ 12,613,500
Stock Based Compensation Schedule Of Share-based Compensation, Stock Options, Activity 2	0.57
Stock Based Compensation Schedule Of Share-based Compensation, Stock Options, Activity 3	$ 3,940,061
Stock Based Compensation Schedule Of Share-based Compensation, Stock Options, Activity 4	$ (2,330,000)
Stock Based Compensation Schedule Of Share-based Compensation, Stock Options, Activity 5	0.83
Stock Based Compensation Schedule Of Share-based Compensation, Stock Options, Activity 6	$ (1,909,750)
Stock Based Compensation Schedule Of Share-based Compensation, Stock Options, Activity 7	0.39
Stock Based Compensation Schedule Of Share-based Compensation, Stock Options, Activity 8	$ 2,780,000
Stock Based Compensation Schedule Of Share-based Compensation, Stock Options, Activity 9	0.67
Stock Based Compensation Schedule Of Share-based Compensation, Stock Options, Activity 10	$ 11,153,750
Stock Based Compensation Schedule Of Share-based Compensation, Stock Options, Activity 11	0.56
Stock Based Compensation Schedule Of Share-based Compensation, Stock Options, Activity 12	$ 6,234,889

Schedule of Stockholders' Equit

Schedule of Stockholders' Equity Note, Warrants or Rights (Details)	9 Months Ended
	Sep. 30, 2016USD ($)
Stock Based Compensation Schedule Of Stockholders' Equity Note, Warrants Or Rights 1	$ 255,721
Stock Based Compensation Schedule Of Stockholders' Equity Note, Warrants Or Rights 2	0.44
Stock Based Compensation Schedule Of Stockholders' Equity Note, Warrants Or Rights 3	$ 0
Stock Based Compensation Schedule Of Stockholders' Equity Note, Warrants Or Rights 4	0
Stock Based Compensation Schedule Of Stockholders' Equity Note, Warrants Or Rights 5	0
Stock Based Compensation Schedule Of Stockholders' Equity Note, Warrants Or Rights 6	0
Stock Based Compensation Schedule Of Stockholders' Equity Note, Warrants Or Rights 7	$ 2,310,812
Stock Based Compensation Schedule Of Stockholders' Equity Note, Warrants Or Rights 8	0.50

Schedule of Fair Value, by Bala

Schedule of Fair Value, by Balance Sheet Grouping (Details) - USD ($)	9 Months Ended	12 Months Ended
	Sep. 30, 2016	Dec. 31, 2015
Fair Value Measurement Schedule Of Fair Value, By Balance Sheet Grouping 1	$ 33,617,618
Fair Value Measurement Schedule Of Fair Value, By Balance Sheet Grouping 2	33,617,618
Fair Value Measurement Schedule Of Fair Value, By Balance Sheet Grouping 3	0
Fair Value Measurement Schedule Of Fair Value, By Balance Sheet Grouping 4	$ 0
Fair Value Measurement Schedule Of Fair Value, By Balance Sheet Grouping 1		$ 27,921,666
Fair Value Measurement Schedule Of Fair Value, By Balance Sheet Grouping 2		27,921,666
Fair Value Measurement Schedule Of Fair Value, By Balance Sheet Grouping 3		0
Fair Value Measurement Schedule Of Fair Value, By Balance Sheet Grouping 4		$ 0

Commitments (Details)

Commitments (Details)	9 Months Ended
	Sep. 30, 2016USD ($)
Commitments And Contingencies Commitments 1	$ 354,671
Commitments And Contingencies Commitments 2	215,212
Commitments And Contingencies Commitments 3	229,958
Commitments And Contingencies Commitments 4	203,601
Commitments And Contingencies Commitments 5	584,629
Commitments And Contingencies Commitments 6	$ 418,813

Schedule of Future Minimum Rent

Schedule of Future Minimum Rental Payments for Operating Leases (Details)	9 Months Ended
	Sep. 30, 2016USD ($)
Commitments And Contingencies Schedule Of Future Minimum Rental Payments For Operating Leases 1	$ 251,129
Commitments And Contingencies Schedule Of Future Minimum Rental Payments For Operating Leases 2	994,906
Commitments And Contingencies Schedule Of Future Minimum Rental Payments For Operating Leases 3	1,019,465
Commitments And Contingencies Schedule Of Future Minimum Rental Payments For Operating Leases 4	914,152
Commitments And Contingencies Schedule Of Future Minimum Rental Payments For Operating Leases 5	886,704
Commitments And Contingencies Schedule Of Future Minimum Rental Payments For Operating Leases 6	$ 14,805,095

Schedule of Non-controlling Int

Schedule of Non-controlling Interests (Details)	9 Months Ended
	Sep. 30, 2016USD ($)
Joint Ventures/non-controlling Interests Schedule Of Non-controlling Interests 1	$ 208,371
Joint Ventures/non-controlling Interests Schedule Of Non-controlling Interests 2	213,882
Joint Ventures/non-controlling Interests Schedule Of Non-controlling Interests 3	23,572,726
Joint Ventures/non-controlling Interests Schedule Of Non-controlling Interests 4	25,353,058
Joint Ventures/non-controlling Interests Schedule Of Non-controlling Interests 5	1,237,057
Joint Ventures/non-controlling Interests Schedule Of Non-controlling Interests 6	2,044,984
Joint Ventures/non-controlling Interests Schedule Of Non-controlling Interests 7	25,018,154
Joint Ventures/non-controlling Interests Schedule Of Non-controlling Interests 8	$ 27,611,924

Schedule of Segment Reporting I

Schedule of Segment Reporting Information, by Segment (Details)	9 Months Ended
	Sep. 30, 2016USD ($)
Business Segments Schedule Of Segment Reporting Information, By Segment 1	$ 183,488,046
Business Segments Schedule Of Segment Reporting Information, By Segment 2	56,612,501
Business Segments Schedule Of Segment Reporting Information, By Segment 3	240,099,547
Business Segments Schedule Of Segment Reporting Information, By Segment 4	186,989,224
Business Segments Schedule Of Segment Reporting Information, By Segment 5	41,227,903
Business Segments Schedule Of Segment Reporting Information, By Segment 6	228,217,127
Business Segments Schedule Of Segment Reporting Information, By Segment 7	20,900,850
Business Segments Schedule Of Segment Reporting Information, By Segment 8	0
Business Segments Schedule Of Segment Reporting Information, By Segment 9	20,900,850
Business Segments Schedule Of Segment Reporting Information, By Segment 10	5,917,713
Business Segments Schedule Of Segment Reporting Information, By Segment 11	(4,850,355)
Business Segments Schedule Of Segment Reporting Information, By Segment 12	1,067,358
Business Segments Schedule Of Segment Reporting Information, By Segment 13	21,264,888
Business Segments Schedule Of Segment Reporting Information, By Segment 14	0
Business Segments Schedule Of Segment Reporting Information, By Segment 15	21,264,888
Business Segments Schedule Of Segment Reporting Information, By Segment 16	5,833,528
Business Segments Schedule Of Segment Reporting Information, By Segment 17	(4,023,415)
Business Segments Schedule Of Segment Reporting Information, By Segment 18	1,810,113
Business Segments Schedule Of Segment Reporting Information, By Segment 19	6,733,294
Business Segments Schedule Of Segment Reporting Information, By Segment 20	0
Business Segments Schedule Of Segment Reporting Information, By Segment 21	6,733,294
Business Segments Schedule Of Segment Reporting Information, By Segment 22	1,644,485
Business Segments Schedule Of Segment Reporting Information, By Segment 23	(1,376,255)
Business Segments Schedule Of Segment Reporting Information, By Segment 24	268,230
Business Segments Schedule Of Segment Reporting Information, By Segment 25	6,929,847
Business Segments Schedule Of Segment Reporting Information, By Segment 26	0
Business Segments Schedule Of Segment Reporting Information, By Segment 27	6,929,847
Business Segments Schedule Of Segment Reporting Information, By Segment 28	1,740,319
Business Segments Schedule Of Segment Reporting Information, By Segment 29	(1,145,240)
Business Segments Schedule Of Segment Reporting Information, By Segment 30	$ 595,079

Schedule of Earnings Per Share

Schedule of Earnings Per Share (Details)	9 Months Ended
	Sep. 30, 2016USD ($)
Subsequent Events Schedule Of Earnings Per Share 1	(0.01)
Subsequent Events Schedule Of Earnings Per Share 2	0.02
Subsequent Events Schedule Of Earnings Per Share 3	(0.03)
Subsequent Events Schedule Of Earnings Per Share 4	0.04
Subsequent Events Schedule Of Earnings Per Share 5	$ 18,882,166
Subsequent Events Schedule Of Earnings Per Share 6	17,860,722
Subsequent Events Schedule Of Earnings Per Share 7	18,577,269
Subsequent Events Schedule Of Earnings Per Share 8	$ 17,817,111