CREDIT ARRANGEMENTS (Tables)

12 Months Ended

Dec. 31, 2012

NOTES PAYABLE [Abstract]

Schedule of promissory note

At December 31, 2012 and 2011, the Company had the following outstanding debt:

				Outstanding Principal Balance
Instrument	Issue Date	Maturity Date		December 31, 2012		December 31, 2011
Promissory Note:
UTG	2006-12-08	2012-12-07	$	0	$	3,291,411
HPG Acquisitions	2007-02-07	2017-11-07		202,919		240,234
HPG Acquisitions	2012-12-27	2018-03-04		12,000,000		0

Schedule of lines of credit

Instrument	Issue Date	Maturity Date		Revolving Credit Limit		December 31, 2011	Borrowings	Repayments		December 31, 2012
Lines of Credit:
UTG	2011-07-14	2012-12-07	$	5,000,000	$	1,000,000	1,411,000	2,411,000	$	0
UTG	2012-11-20	2013-11-20		8,000,000		0	2,910,035	1,255,000		1,655,035
UTG Avalon	2011-12-28	2013-01-03		5,000,000		5,000,000	0	0		5,000,000
UG	2010-12-28	2013-12-06		15,000,000		0	0	0		0

Scheduled principal reduction on notes payable for the next five years

The consolidated scheduled principal reductions on the notes payable for the next five years are as follows:

Year		Amount
2013	$	1,686,621
2014		5,034,154
2015		382,395
2016		518,134
2017		542,470