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Investment in OC-BVI (Tables)
 9 Months Ended
Sep. 30, 2017
Equity Method Investments and Joint Ventures [Abstract]  
Equity Method Investments [Table Text Block]
Summarized financial information for OC-BVI is as follows:
 
 
 
September 30,
 
 
December 31,
 
 
 
2017
 
 
2016
 
Current assets
 
$
4,115,006
 
 
$
5,627,414
 
Non-current assets
 
 
3,747,753
 
 
 
3,963,242
 
Total assets
 
$
7,862,759
 
 
$
9,590,656
 
 
 
 
September 30,
 
 
December 31,
 
 
 
2017
 
 
2016
 
Current liabilities
 
$
553,252
 
 
$
197,673
 
Non-current liabilities
 
 
1,340,550
 
 
 
1,854,900
 
Total liabilities
 
$
1,893,802
 
 
$
2,052,573
 
 
 
 
Three Months Ended September 30,
 
 
Nine Months Ended September 30,
 
 
 
2017
 
 
2016
 
 
2017
 
 
2016
 
Revenues
 
$
578,635
 
 
$
965,169
 
 
$
2,071,387
 
 
$
2,850,242
 
Cost of revenues
 
 
408,557
 
 
 
540,522
 
 
 
1,410,106
 
 
 
1,537,860
 
Gross profit
 
 
170,078
 
 
 
424,647
 
 
 
661,281
 
 
 
1,312,382
 
General and administrative expenses
 
 
192,492
 
 
 
231,750
 
 
 
680,349
 
 
 
714,483
 
Income (loss) from operations
 
 
(22,414)
 
 
 
192,897
 
 
 
(19,068)
 
 
 
597,899
 
Other income (expense), net
 
 
351,474
 
 
 
62,165
 
 
 
362,442
 
 
 
(15,598)
 
Net income
 
 
329,060
 
 
 
255,062
 
 
 
343,374
 
 
 
582,301
 
Income attributable to non-controlling interests
 
 
9,943
 
 
 
22,346
 
 
 
49,429
 
 
 
48,133
 
Net income attributable to controlling interests
 
$
319,117
 
 
$
232,716
 
 
$
293,945
 
 
$
534,168
 
 
A reconciliation of the beginning and ending balances for the investment in OC-BVI for the nine months ended September 30, 2017 is as follows:
 
Balance as of December 31, 2016
 
$
4,086,630
 
Profit sharing and equity from earnings of OC-BVI
 
 
174,530
 
Distributions received from OC-BVI
 
 
(1,136,250)
 
Balance as of September 30, 2017
 
$
3,124,910