XML 26 R22.htm IDEA: XBRL DOCUMENT v2.4.0.8
Investment in OC-BVI (Tables)
 9 Months Ended
Sep. 30, 2014
Equity Method Investments and Joint Ventures [Abstract]  
Equity Method Investments [Table Text Block]
Summarized financial information of OC-BVI is presented as follows:
 
 
 
September 30,
 
December 31,
 
 
 
2014
 
2013
 
Current assets
 
$
1,963,437
 
$
3,422,328
 
Non-current assets
 
 
5,483,433
 
 
5,923,387
 
Total assets
 
$
7,446,870
 
$
9,345,715
 
 
 
 
 
 
 
 
 
 
 
September 30,
 
December 31,
 
 
 
2014
 
2013
 
Current liabilities
 
$
284,754
 
$
717,887
 
Non-current liabilities
 
 
1,332,450
 
 
1,688,850
 
Total liabilities
 
$
1,617,204
 
$
2,406,737
 
 
 
 
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
 
 
2014
 
2013
 
2014
 
2013
 
Revenues
 
$
1,153,994
 
$
1,174,629
 
$
3,530,763
 
$
3,588,203
 
Gross profit
 
$
461,820
 
$
403,815
 
$
1,382,261
 
$
1,403,346
 
Income from operations
 
$
254,876
 
$
175,386
 
$
650,690
 
$
679,085
 
Other income (expense), net (1)
 
$
(60,749)
 
$
(40,500)
 
$
(128,002)
 
$
1,456,480
 
Net income attributable to controlling interests
 
$
187,183
 
$
121,175
 
$
509,555
 
$
2,112,455
 
 
__________________
 
(1)
Includes income of $2.0 million related to the Court award - Baughers Bay litigation, for the nine months ended September 30, 2013.