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Cash and cash equivalents (Tables)
12 Months Ended
Dec. 31, 2014
Cash and Cash Equivalents [Abstract]  
Schedule of Cash and Cash Equivalents [Table Text Block]
Cash and cash equivalents are not restricted by the terms of the Company’s bank accounts as to withdrawal or use. As of December 31, 2014 and 2013, the equivalent United States dollars are denominated in the following currencies:
 
 
 
December 31,
 
 
 
2014
 
2013
 
Bank accounts:
 
 
 
 
 
 
 
United States dollar
 
$
7,809,107
 
$
10,484,207
 
Cayman Islands dollar
 
 
4,274,025
 
 
5,275,615
 
Bahamian dollar
 
 
6,822,761
 
 
3,090,021
 
Belize dollar
 
 
3,658,705
 
 
3,055,990
 
Bermudian dollar
 
 
5,507
 
 
6,759
 
Mexican Peso
 
 
53,203
 
 
11,227
 
Euro
 
 
30,291
 
 
22,731
 
Singapore dollar
 
 
27,641
 
 
27,644
 
Indonesian Rupiah
 
 
78,991
 
 
84,058
 
 
 
 
22,760,231
 
 
22,058,252
 
 
 
 
 
 
 
 
 
Short term deposits:
 
 
 
 
 
 
 
United States dollar
 
 
474,728
 
 
527,580
 
Bahamian dollar
 
 
12,478,730
 
 
11,040,684
 
 
 
 
12,953,458
 
 
11,568,264
 
Total cash and cash equivalents
 
$
35,713,689
 
$
33,626,516