Investment in OC-BVI (Tables)

12 Months Ended

Dec. 31, 2016

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

Summarized financial information for OC-BVI is as follows:

	December 31,
	2016		2015
Current assets	$	5,627,414	$	4,323,792
Non-current assets		3,963,242		4,682,650
Total assets	$	9,590,656	$	9,006,442

	December 31,
	2016		2015
Current liabilities	$	197,673	$	584,116
Non-current liabilities		1,854,900		1,650,252
Total liabilities	$	2,052,573	$	2,234,368

	Year Ended December 31,
	2016		2015		2014
Revenues	$	3,832,929	$	4,143,882	$	4,679,829
Cost of revenues		2,107,557		2,261,973		2,833,007
Gross profit		1,725,372		1,881,909		1,846,822
General and administrative expenses		930,838		958,364		940,072
Income from operations		794,534		923,545		906,750
Other income (expense), net		51,475		(176,448)		(188,751)
Net income		846,009		747,097		717,999
Income (loss) attributable to non-controlling interests		69,975		70,854		21,045
Net income attributable to controlling interests	$	776,034	$	676,243	$	696,954

Equity Method Investments [Table Text Block]

A reconciliation of the beginning and ending balances for the investment in OC-BVI for the year ended December 31, 2016:

Balance as of December 31, 2015	$	4,548,271
Profit sharing and equity from earnings of OC-BVI		463,359
Distributions received from OC-BVI		-
Impairment of investment in OC-BVI		(925,000)
Balance as of December 31, 2016	$	4,086,630