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Earnings Per Share (Tables)
12 Months Ended
Dec. 31, 2016
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]
Consolidated Earnings per Share
 
 
 
Year Ended December 31,
 
 
 
2016
 
2015
 
Basic
 
 
 
 
 
 
 
Average shares outstanding:
 
 
 
 
 
 
 
Weighted average number of shares outstanding during the period
 
 
3,566,400
 
 
3,297,448
 
 
 
 
 
 
 
 
 
Earnings:
 
 
 
 
 
 
 
Net income attributable to CTI Industries Corporation
 
$
652,538
 
$
1,047,333
 
 
 
 
 
 
 
 
 
Amount for per share Computation
 
$
652,538
 
$
1,047,333
 
 
 
 
 
 
 
 
 
Net earnings applicable to Common Shares
 
$
0.18
 
$
0.32
 
 
 
 
 
 
 
 
 
Diluted
 
 
 
 
 
 
 
Average shares outstanding:
 
 
3,566,400
 
 
3,297,448
 
Weighted averages shares Outstanding Common stock equivalents (options, warrants)
 
 
161,154
 
 
139,692
 
 
 
 
 
 
 
 
 
Weighted average number of shares outstanding during the period
 
 
3,727,554
 
 
3,437,140
 
 
 
 
 
 
 
 
 
Earnings:
 
 
 
 
 
 
 
Net income attributable to CTI Industries Corporation
 
$
652,538
 
$
1,047,333
 
 
 
 
 
 
 
 
 
Amount for per share computation
 
$
652,538
 
$
1,047,333
 
 
 
 
 
 
 
 
 
Net income applicable to Common Shares
 
$
0.18
 
$
0.30