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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Net cash provided by (used in) operating activities $ 5,448,496 $ 5,097,981
Cash flows from investing activities    
Additions to property, plant and equipment and construction in progress (1,918,541) (1,629,001)
Proceeds from sale of equipment 5,760 0
Distribution of earnings from OC-BVI 1,249,875 507,525
Collections on loans receivable 898,531 820,430
Payment for investment in land (1,975,566) 0
Payment for NSC option agreement 0 (300,000)
Release of (restriction) on cash balances for non-revolving credit facility 0 7,500,000
Net cash provided by (used in) investing activities (1,739,941) 6,898,954
Cash flows from financing activities    
Dividends paid (2,194,972) (2,187,897)
Issuance (repurchase) of redeemable preferred stock, net (4,159) (1,729)
Proceeds received from exercise of stock options 302,807 0
Principal repayments of long term debt (849,285) (9,300,578)
(Principal repayment) borrowing under non-revolving credit facility 0 (7,500,000)
Net cash provided by (used in) financing activities (2,745,609) (18,990,204)
Net increase (decrease) in cash and cash equivalents 962,946 (6,993,269)
Cash and cash equivalents at beginning of period 33,892,655 37,624,179
Cash and cash equivalents at end of period 34,855,601 30,630,910
Interest paid in cash 202,734 442,594
Payment for investment in land    
Issuance of 10,180 and 10,033, respectively, of redeemable preferred stock for services rendered 110,249 77,856
Issuance of 11,131 and 10,800, respectively, of common stock for services rendered 82,369 92,664
Dividends declared but not paid 1,101,181 1,095,883
Obligation incurred for investment in land 10,050,000 0
Transfers from inventory to property, plant and equipment $ 181,875 $ 139,507