Investment in OC-BVI (Tables)

6 Months Ended

Jun. 30, 2013

Equity Method Investments and Joint Ventures [Abstract]

Schedule of Condensed Financial Statements [Table Text Block]

Summarized financial information of OC-BVI is presented as follows:

	June 30,		December 31,
	2013		2012
Current assets	$	3,007,518	$	3,033,939
Non-current assets		6,318,531		6,730,121
Total assets	$	9,326,049	$	9,764,060

	June 30,		December 31,
	2013		2012
Current liabilities	$	637,051	$	937,965
Non-current liabilities		1,705,050		1,743,077
Total liabilities	$	2,342,101	$	2,681,042

Investment [Table Text Block]

	Three Months Ended June 30,				Six Months Ended June 30,
	2013		2012		2013		2012
Revenues	$	1,182,786	$	1,118,504	$	2,413,574	$	2,153,413
Gross Profit	$	477,657	$	377,549	$	1,005,450	$	661,290
Income from operations	$	235,095	$	50,635	$	507,700	$	136,375
Other income (expense), net (1)	$	(50,476)	$	65,745	$	1,496,980	$	117,918
Net income attributable to controlling interests	$	175,355	$	102,970	$	1,985,281	$	233,772

(1) Includes income of $2.0 million and $nil related to the Court award – Baughers Bay dispute, for the six months ended June 30, 2013 and 2012, respectively.