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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Net income (loss) $ 2,471,121 $ (2,332,716)
Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities:    
Depreciation and amortization 49,683 50,211
Amortization of discounts on notes and fees (3,540) 2,839
Stock based compensation 200 103,267
Net gain from discontinued operations (4,705,968) [1] 0
Decrease (Increase) in:    
Other receivables 13,431 (17,397)
Discontinued operations assets 3,110,131 193,494
Prepaid expenses 68,830 91,467
Other assets (82,432) (11,988)
Increase (decreases) in:    
Accounts payable and accrued liabilities 243,081 161,296
Discontinued operations liabilities (2,046,271) 1,204,517
Other liabilities 18,687 10,824
Total adjustments (3,334,168) 1,788,530
Net cash used in operating activities (863,047) (544,186)
Cash Flows from Investing Activities:    
Payments received on notes receivable 16,170 12,877
Payments disbursed for capital improvements (5,281) (25,625)
Net cash provided by (used in) investing activities 10,889 (12,748)
Cash Flows from Financing Activities:    
Proceeds of line of credit 500,000 0
Proceeds of mortgage financing 0 459,620
Principal payments on mortgage debt (23,439) (11,252)
Net cash provided by financing activities 476,561 448,368
Net decrease in Cash (375,597) (108,566)
Cash, Beginning of Year 852,674 961,240
Cash, End of Year 477,077 852,674
Supplemental cash flow information:    
Interest paid in cash 32,039 9,333
Non-cash Financing Cost $ 0 $ 40,380
[1] All revenues and the majority of expenses were incurred through September 23, 2013, date of foreclosure. Costs of $106,463 were incurred from September 24, 2013 through December 31, 2013 in connection with closing costs associated with the foreclosure.