http://extension.usu.edu/waterquality/files/uploads/PDF/agwm01.pdf 
(The above link discusses oxygen, C:N ratio, moisture, temperature, particle size, time on the composting process.)

An interesting point in the above link is that moisture is needed in the pile for microbial activity, but too much reduces oxygen availability also needed by the bacteria for the decomposition process.

http://urbanext.illinois.edu/compost/process.cfm
 (link discussing composting using longer intervals)

Will update the progress of the pile in the future.

RJ