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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Net loss $ (574,334) $ (451,182)
Adjustments to reconcile net income loss to net cash used in operating activities:    
Net loss on securities available for sale 0 (13,815)
Realized loss on pension termination 0 (448,736)
Equity in the loss from joint ventures 0 275,427
Depreciation and amortization 12,308 0
Amortization of discounts on notes and fees 1,973 3,461
Stock based compensation 74,000 0
Issuance of stock to directors and officers 0 7,906
Changes in assets and liabilities:    
(Increase) decrease in other receivables (8,460) 12,249
Decrease in discontinued operations assets 58,498 50,542
Increase in accounts payable and accrued liabilities 61,054 214,630
Decrease in defined benefit plan liability 0 (156,627)
Decrease in contractual pension benefits 0 (259,798)
Increase in discontinued operations liabilities 198,411 138,384
Increase (decrease) in other liabilities 539 (5,937)
Decrease (increase) in prepaid expenses and deferred charges 39,562 (64,881)
Decrease in other assets 0 12,896
Total adjustments 437,885 (234,299)
Net cash used in operating activities (136,449) (685,481)
Cash Flows from Investing Activities:    
Payments disbursed for additions and improvements 0 (11,770)
Sale of securities available for sale 0 316,491
Net cash provided by investing activities 0 304,721
Cash Flows from Financing Activities:    
Principal payments on mortgage debt 0 (7,587)
Net cash used in financing activities 0 (7,587)
Net Decrease in Cash and Cash Equivalents (136,449) (388,347)
Cash and Cash Equivalents, Beginning of period 961,240 597,440
Cash and Cash Equivalents, End of period 824,791 209,093
Supplemental cash flow information:    
Interest paid in cash 0 98
Taxes paid $ 0 $ 0