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Investment in OC-BVI (Tables)
9 Months Ended
Sep. 30, 2015
Ocean Conversion (Bvi) Ltd [Member]  
Summarized Financial Information of Unconsolidated Equity Method Investment [Table Text Block]
Summarized financial information of OC-BVI is presented as follows:
 
 
 
September 30,
 
December 31,
 
 
 
2015
 
2014
 
Current assets
 
$
3,932,083
 
$
2,547,542
 
Non-current assets
 
 
4,817,607
 
 
5,297,904
 
Total assets
 
$
8,749,690
 
$
7,845,446
 
  
 
 
September 30,
 
December 31,
 
 
 
2015
 
2014
 
Current liabilities
 
$
639,660
 
$
427,269
 
Non-current liabilities
 
 
1,547,100
 
 
1,393,200
 
Total liabilities
 
$
2,186,760
 
$
1,820,469
 
 
 
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
 
 
2015
 
2014
 
2015
 
2014
 
Revenues
 
$
1,022,510
 
$
1,153,994
 
$
3,118,763
 
$
3,530,763
 
Cost of revenues
 
 
552,213
 
 
692,174
 
 
1,692,640
 
 
2,148,502
 
Gross profit
 
 
470,297
 
 
461,820
 
 
1,426,123
 
 
1,382,261
 
General and administrative expenses
 
 
228,472
 
 
206,944
 
 
734,270
 
 
731,571
 
Income from operations
 
 
241,825
 
 
254,876
 
 
691,853
 
 
650,690
 
Other income (expense), net
 
 
(56,700)
 
 
(60,749)
 
 
(153,900)
 
 
(128,002)
 
Net income
 
 
185,125
 
 
194,127
 
 
537,953
 
 
522,688
 
Income attributable to non-controlling interests
 
 
16,748
 
 
6,944
 
 
52,960
 
 
13,133
 
Net income attributable to controlling interests
 
$
168,377
 
$
187,183
 
$
484,993
 
$
509,555