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Investment in OC-BVI (Tables)
3 Months Ended
Mar. 31, 2014
Equity Method Investments and Joint Ventures [Abstract]  
Schedule of Condensed Financial Statements [Table Text Block]
Summarized financial information of OC-BVI is presented as follows:
 
 
 
March 31,
 
December 31,
 
 
 
2014
 
2013
 
Current assets
 
$
1,913,168
 
$
3,422,328
 
Non-current assets
 
 
5,799,522
 
 
5,923,387
 
Total assets
 
$
7,712,690
 
$
9,345,715
 
   
 
 
March 31,
 
December 31,
 
 
 
2014
 
2013
 
Current liabilities
 
$
524,813
 
$
717,887
 
Non-current liabilities
 
 
1,340,550
 
 
1,688,850
 
Total liabilities
 
$
1,865,363
 
$
2,406,737
 
Investment [Table Text Block]
 
 
Three Months Ended March 31,
 
 
 
2014
 
2013
 
Revenues
 
$
1,175,129
 
$
1,230,788
 
Gross Profit
 
$
453,980
 
$
527,794
 
Income from operations
 
$
187,303
 
$
272,605
 
Other income (expense), net (1)
 
$
(54,954)
 
$
1,547,456
 
Net income attributable to controlling interests
 
$
125,176
 
$
1,809,926
 
 
(1)
Includes income of $nil and $2.0 million related to the Court award - Baughers Bay dispute, for the three months ended March 31, 2014 and 2013, respectively.