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Investment in OC-BVI (Tables)
 3 Months Ended
Mar. 31, 2017
Equity Method Investments and Joint Ventures [Abstract]  
Equity Method Investments [Table Text Block]
Summarized financial information for OC-BVI is as follows:
 
 
 
March 31,
 
December 31,
 
 
 
2017
 
2016
 
Current assets
 
$
3,490,483
 
$
5,627,414
 
Non-current assets
 
 
3,748,398
 
 
3,963,242
 
Total assets
 
$
7,238,881
 
$
9,590,656
 
 
 
 
March 31,
 
December 31,
 
 
 
2017
 
2016
 
Current liabilities
 
$
264,606
 
$
197,673
 
Non-current liabilities
 
 
1,267,650
 
 
1,854,900
 
Total liabilities
 
$
1,532,256
 
$
2,052,573
 
 
 
 
Three Months Ended March 31,
 
 
 
2017
 
2016
 
Revenues
 
$
819,482
 
$
936,884
 
Cost of revenues
 
 
548,527
 
 
484,639
 
Gross profit
 
 
270,955
 
 
452,245
 
General and administrative expenses
 
 
197,563
 
 
260,542
 
Income from operations
 
 
73,392
 
 
191,703
 
Other income (expense), net
 
 
7,650
 
 
(68,850)
 
Net income
 
 
81,042
 
 
122,853
 
Income attributable to non-controlling interests
 
 
19,326
 
 
18,641
 
Net income attributable to controlling interests
 
$
61,716
 
$
104,212
 
 
A reconciliation of the beginning and ending balances for the investment in OC-BVI for the three months ended March 31, 2017 is as follows:
 
Balance as of December 31, 2016
 
$
4,086,630
 
Profit sharing and equity from earnings of OC-BVI
 
 
36,991
 
Distributions received from OC-BVI
 
 
(1,136,250)
 
Balance as of March 31, 2017
 
$
2,987,371