Investment in OC-BVI (Tables)

6 Months Ended

Jun. 30, 2015

Ocean Conversion (Bvi) Ltd [Member]

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

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

	June 30,		December 31,
	2015		2014
Current assets	$	3,351,474	$	2,547,542
Non-current assets		5,014,140		5,297,904
Total assets	$	8,365,614	$	7,845,446

	June 30,		December 31,
	2015		2014
Current liabilities	$	497,409	$	427,269
Non-current liabilities		1,490,400		1,393,200
Total liabilities	$	1,987,809	$	1,820,469

	Three Months Ended June 30,				Six Months Ended June 30,
	2015		2014		2015		2014
Revenues	$	1,027,352	$	1,201,641	$	2,096,253	$	2,376,769
Cost of revenues		558,783		735,179		1,140,427		1,456,328
Gross profit		468,569		466,462		955,826		920,441
General and administrative expenses		261,456		257,952		505,798		524,627
Income from operations		207,113		208,510		450,028		395,814
Other income (expense), net		(44,551)		(12,298)		(97,200)		(67,253)
Net income		162,562		196,212		352,828		328,561
Income (loss) attributable to non-controlling interests		18,598		(984)		36,212		6,189
Net income attributable to controlling interests	$	143,964	$	197,196	$	316,616	$	322,372