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Investment in OC-BVI (Tables)
12 Months Ended
Dec. 31, 2015
Summarized Financial Information of Unconsolidated Equity Method Investment [Table Text Block]
Summarized financial information for OC-BVI is as follows:
 
 
 
December 31,
 
 
 
2015
 
2014
 
Current assets
 
$
4,323,792
 
$
2,547,542
 
Non-current assets
 
 
4,682,650
 
 
5,297,904
 
Total assets
 
$
9,006,442
 
$
7,845,446
 
 
 
 
December 31,
 
 
 
2015
 
2014
 
Current liabilities
 
$
584,116
 
$
427,269
 
Non-current liabilities
 
 
1,650,252
 
 
1,393,200
 
Total liabilities
 
$
2,234,368
 
$
1,820,469
 
 
 
 
Year Ended December 31,
 
 
 
2015
 
2014
 
2013
 
Revenues
 
$
4,143,882
 
$
4,679,829
 
$
4,711,091
 
Cost of revenues
 
 
2,261,973
 
 
2,833,007
 
 
2,886,820
 
Gross profit
 
 
1,881,909
 
 
1,846,822
 
 
1,824,271
 
General and administrative expenses
 
 
958,364
 
 
940,072
 
 
957,743
 
Income from operations
 
 
923,545
 
 
906,750
 
 
866,528
 
Other income (expense), net (1)
 
 
(176,448)
 
 
(188,751)
 
 
1,411,932
 
Net income
 
 
747,097
 
 
717,999
 
 
2,278,460
 
Income (loss) attributable to non-controlling interests
 
 
70,854
 
 
21,045
 
 
27,793
 
Net income attributable to controlling interests
 
$
676,243
 
$
696,954
 
$
2,250,667
 
 
(1)  
Other income (expense), net, includes $2,000,000 for the year ended December 31, 2013 in award amounts received under the Court ruling for the Baughers Bay litigation.