Investment in OC-BVI (Tables)

12 Months Ended

Dec. 31, 2019

Investment in OC-BVI

Summarized Financial Information of Unconsolidated Equity Method Investment [Table Text Block]

Summarized financial information for OC-BVI is as follows:

	December 31,
	2019		2018
Current assets	$	1,151,398	$	2,286,179
Non-current assets		3,446,198		3,859,310
Total assets	$	4,597,596	$	6,145,489

	December 31,
	2019		2018
Current liabilities	$	156,040	$	132,005
Non-current liabilities		684,450		1,048,950
Total liabilities	$	840,490	$	1,180,955

	Year Ended December 31,
	2019		2018
Revenue	$	3,146,550	$	2,845,211
Cost of revenue		2,156,460		1,348,046
Gross profit		990,090		1,497,165
General and administrative expenses		781,677		707,034
Gain on long-lived asset disposition		1,000		—
Income from operations		209,413		790,131
Other income (expense), net		(32,341)		3,393,271
Net income		177,072		4,183,402
Income attributable to non-controlling interests		74,233		52,275
Net income attributable to controlling interests	$	102,839	$	4,131,127

Schedule of Equity Method Investments

A reconciliation of the beginning and ending balances for the investment in OC-BVI for the year ended December 31, 2019:

Balance as of December 31, 2018	$	2,584,987
Profit-sharing and equity from earnings of OC-BVI		60,965
Distributions received from OC-BVI		(742,350)
Balance as of December 31, 2019	$	1,903,602