CONSOLIDATED BALANCE SHEETS (USD $)	Mar. 31, 2012	Dec. 31, 2011
Assets
Cash and cash equivalents	$ 41,633	$ 221,905
Short term loans receivable	7,373,980	6,916,090
Interest receivable on loans	112,728	109,905
Other current assets	52,745	16,463
Total current assets	7,581,086	7,264,363
Investment in real estate	146,821	146,821
Long term loans receivable	2,556,591	2,498,262
Property and equipment, net	427	588
Security deposit	6,349	6,349
Investment in privately held company, at cost	100,000	100,000
Deferred financing costs	63,690	72,788
Total assets	10,454,964	10,089,171
Liabilities and Shareholders' Equity
Short term loans	1,159,465	1,159,465
Short term loans (related party)	265,000	0
Accounts payable and accrued expenses	70,776	60,072
Deferred origination fees	107,035	112,780
Income taxes payable	146,236	168,786
Total current liabilities	1,748,512	1,501,103
Long term liabilities:
Senior secured notes	500,000	500,000
Total liabilities	2,248,512	2,001,103
Commitments and contingencies
Shareholders' equity:
Preferred shares - $.01 par value; 5,000,000 shares authorized; no shares issued	0	0
Common shares - $.001 par value; 25,000,000 authorized; 4,405,190 issued and 4,324,459 outstanding	4,405	4,405
Additional paid-in capital	9,659,696	9,656,280
Treasury stock, at cost- 80,731 shares	(241,400)	(241,400)
Accumulated deficit	(1,216,249)	(1,331,217)
Total shareholders' equity	8,206,452	8,088,068
Total liabilities and shareholders' equity	$ 10,454,964	$ 10,089,171