Note C - Income Taxes: Reconciliation of Book Net Assets (Liabilities) to Tax Basis Net Assets (Liabilities) (Tables)

12 Months Ended

Dec. 31, 2012

Tables/Schedules

Reconciliation of Book Net Assets (Liabilities) to Tax Basis Net Assets (Liabilities)

	2012	2011
Net liabilities as reported	$ (15,649)	$ (30,106)
Land and buildings	2,913	4,142
Accumulated depreciation	(2,360)	(7,602)
Deferred sales commission	7,947	7,947
Syndication and distribution costs	4,451	4,451
Other	304	413
Net liabilities - Federal tax basis	$  (2,394)	$ (20,755)