XML 33 R10.htm IDEA: XBRL DOCUMENT v2.4.0.8
LAND HELD FOR INVESTMENT
9 Months Ended
Sep. 30, 2014
LAND HELD FOR INVESTMENT  
LAND HELD FOR INVESTMENT

NOTE E: LAND HELD FOR INVESTMENT

 

In February 2014 the company acquired 7.4 acres of undeveloped land in Desoto, Texas for $624,000.The Company believes the highest and best use of this property is for the construction and development of multifamily housing. The Company acquired the property for investment purposes.