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Summary of significant accounting policies (Tables)
6 Months Ended
Jun. 30, 2015
Accounting Policies [Abstract]  
Schedule Of Property, Plant And Equipment Estimated Useful Lives [Table Text Block]
Depreciation is computed on a straight-line basis, based on the following estimated useful lives:
 
Buildings
 
20 years
 
Machinery and equipment
 
10 years
 
Furniture and fixtures
 
10 years
 
Office equipment and software
 
5 years
 
Vehicles
 
5 years
 
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]
The following table sets forth the computation of the basic and diluted earnings per share for the three and six month periods ended June 30, 2015 and 2014:
 
Numerator for basic and diluted earnings per shares
 
 
 
Three months ended June 30,
 
Six months ended June 30,
 
 
 
2015
 
2014
 
2015
 
2014
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net (Loss) Income
 
$
(11,347)
 
$
408
 
$
(1,466)
 
$
(4,273)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Denominator
 
 
 
 
 
 
 
 
 
 
 
 
 
Denominator for basic earnings per ordinary share - weighted average shares outstanding
 
 
25,147,286
 
 
24,311,199
 
 
24,975,165
 
 
24,276,947
 
Effect of dilutive warrants and earnout shares
 
 
-
 
 
3,675,640
 
 
-
 
 
-
 
Denominator for diluted earnings per ordinary share - weighted average shares outstanding
 
 
25,147,286
 
 
27,986,839
 
 
24,975,165
 
 
24,276,947
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Basic earnings per ordinary share
 
$
(0.45)
 
$
0.02
 
$
(0.06)
 
$
(0.18)
 
Diluted earnings per ordinary share
 
$
(0.45)
 
$
0.01
 
$
(0.06)
 
$
(0.18)