Stock Options (Tables)

12 Months Ended

Dec. 31, 2016

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]

	2016		2015			2014
Expected volatility		-		51.42	%		-
Risk-free interest rate		-		1.5	%		-
Expected life (years)		-		5.5			-
Dividend yield		-		0	%		-
Estimated forfeiture rate		-		7	%		-

Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]

			Weighted
			Average		Aggregate Intrinsic
	Number		Exercise Price		Value
	of Options		($/option)		($)
Outstanding as at January 1, 2016		1,480,400	$	4.73	$	1,459,330
Granted		-		-		-
Exercised		(120,000)		2.77		-
Forfeited / Expired		(24,000)		4.98		-
Outstanding as at  December 31, 2016		1,336,400	$	4.91	$	1,328,146
Vested and expected to vest  at  December 31, 2016		1,325,160	$	4.91	$	1,317,805
Exercisable as at  December 31, 2016		679,400	$	4.83	$	723,706

Schedule of Share-based Compensation, Restricted Stock and Restricted Stock Units Activity [Table Text Block]

A summary of the Company’s non-vested restricted share activity for the 2012 plan is presented below:

	Number
	of Non-Vested		Weighted Average
	Restricted		Grant Date
	shares		Fair Value ($)
Non-vested as at January 1, 2016		729,000	$	4.98
Granted		-		-
Vested		(364,500)		4.98
Forfeited		(14,800)		4.98
Non-vested as at December 31, 2016		349,700	$	4.98

Schedule of Share-based Compensation, Shares Authorized under Stock Option Plans, by Exercise Price Range [Table Text Block]

		Number of		Remaining Average		Average		Number of		Remaining
Exercise		Options		Contractual		Exercise		Options		Contractual		Average Exercise
Prices		Outstanding		Life (years)		Price		Exercisable		Life (years)		Price
($/option)						($/option)						($/option)
$	2.37		37,800		0.99	$	2.37		37,800		0.99	$	2.37
$	4.98		1,298,600		6.33	$	4.98		641,600		6.33		4.98
			1,336,400		6.18		4.91		679,400		6.03	$	4.83