XML 119 R65.htm IDEA: XBRL DOCUMENT
v3.5.0.2

Earnings per Share - 20F (Tables) | 9 Months Ended | 12 Months Ended
--- | --- | ---
Sep. 30, 2016 | Dec. 31, 2015
Earnings per Share [Abstract] |  |
Net Earnings per Common Share | The calculation of net earnings per common share is summarized below:
|  | Nine-month period ended September 30, |
|  | 2016 |  |  | 2015 |
Net loss |  |  | (17,730 | ) |  |  | (3,105 | )
Weighted average common shares outstanding – basic and diluted |  |  | 19,594,354 |  |  |  | 8,130,931 |
Net loss per common share – basic and diluted |  | $ | (0.90 | ) |  | $ | (0.38 | )
| The calculation of net earnings per common share is summarized below:
|  | For the years ended December 31 |
|  | 2015 |  |  | 2014 |  |  | 2013 |
Basic: |  |  |  |  |  |  |  |  |
Net (loss) / income |  |  | (8,956 | ) |  |  | 80,348 |  |  |  | 10,907 |
Weighted average common shares outstanding – basic |  |  | 10,773,404 |  |  |  | 2,672,945 |  |  |  | 2,391,628 |
Net (loss) / income per common share – basic |  | $ | (0.83 | ) |  | $ | 30.06 |  |  | $ | 4.56 |
Diluted: |  |  |  |  |  |  |  |  |  |  |  |
Net (loss) / income |  |  | (8,956 | ) |  |  | 80,348 |  |  |  | 10,907 |
Weighted average common shares outstanding – basic |  |  | 10,773,404 |  |  |  | 2,672,945 |  |  |  | 2,391,628 |
Non-vested equity incentive shares |  |  | - |  |  |  | 5 |  |  |  | 227 |
Weighted average common shares outstanding – diluted |  |  | 10,773,404 |  |  |  | 2,672,950 |  |  |  | 2,391,885 |
Net (loss) / income per common share – diluted |  | $ | (0.83 | ) |  | $ | 30.06 |  |  | $ | 4.56 |
Potentially Dilutive Securities | As of September 30, 2016 and 2015, securities that could potentially dilute basic EPS in the future that were not included in the computation of diluted EPS as mentioned above are:
|  | 2016 |  |  | 2015 |
Non-vested equity incentive plan shares (Note 14) |  |  | 144,000 |  |  |  | - |
Convertible promissory note shares (Note 3) |  |  | 27,738,890 |  |  |  | 7,333,333 |
Total |  |  | 27,882,890 |  |  |  | 7,333,333 |
| As of December 31, 2015, 2014 and 2013, securities that could potentially dilute basic EPS in the future that were not included in the computation of diluted EPS as mentioned above are:
|  | 2015 |  |  | 2014 |  |  | 2013 |
Non-vested equity incentive plan shares (Note 15) |  |  | 152,000 |  |  |  | - |  |  |  | - |
Convertible promissory note shares (Note 3) |  |  | 17,294,444 |  |  |  | - |  |  |  | - |
Private shares under warrants (Note 12) |  |  | - |  |  |  | 15,185 |  |  |  | 15,185 |
Total |  |  | 17,446,444 |  |  |  | 15,185 |  |  |  | 15,185 |

X
- References No definition available. + Details
Name: | us-gaap_EarningsPerShareAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) in the future that were not included in the computation of diluted EPS because to do so would increase EPS amounts or decrease loss per share amounts for the period presented, by antidilutive securities. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details
Name: | us-gaap_ScheduleOfAntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details
Name: | us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration