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Retirement benefits
12 Months Ended
Dec. 31, 2015
Compensation and Retirement Disclosure [Abstract]  
Pension and Other Postretirement Benefits Disclosure [Text Block]
19. Retirement benefits
 
Staff retirement plans are offered to all employees in Florida, Cayman Islands and Bahamas. The plans are administered by third party plan providers and are defined contribution plans. The Company matches the contribution of the first 5% of each participating employee’s salary up to $72,000 for the Cayman Islands, there is no salary limit for the Bahamas and up to 6% of each participating employee salary for Florida employees. The total amount recognized as an expense under the plans during the years ended December 31, 2015, 2014, and 2013 was $328,084, $325,576, and $300,682, respectively.