Place water, rice, and salt in a large, covered microwave-safe dish. Cover the dish and cook for about 10 minutes or until most of the water is absorbed.

While the rice is cooking, combine the half and half, sugar, and extracts and bring to a boil over medium heat. When the rice is done cooking in the microwave, transfer it to the boiling half and half mixture. If using raisins and cinnamon, add them now as well and cook, stirring frequently, until the rice is cooked through and most of the liquid is absorbed. Serve immediately with extra half and half if desired.