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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Net cash provided by operating activities $ 7,876,913 $ 3,390,159
Cash flows from investing activities    
Additions to property, plant and equipment and construction in progress (2,380,027) (836,914)
Distribution of earnings from OC-BVI 202,631 666,600
Collections of loans receivable 853,599 599,703
Collections of loans receivable from OC-BVI 1,100,000 0
Net cash provided by (used in) investing activities (223,797) 429,389
Cash flows from financing activities    
Dividends paid (2,184,370) (2,183,037)
Repurchase of redeemable preferred stock (3,859) 0
Principal repayments of long term debt (754,665) (711,381)
Net cash provided by (used in) financing activities (2,942,894) (2,894,418)
Net increase in cash and cash equivalents 4,710,222 925,130
Cash and cash equivalents at beginning of period 46,130,237 44,429,190
Cash and cash equivalents at end of period 50,840,459 45,354,320
Interest paid in cash 616,106 715,637
Non-cash investing and financing activities    
Issuance of common stock to executive management for services rendered 28,025 72,793
Dividends declared but not paid $ 1,093,704 $ 1,092,757