Long-Term Debt

6 Months Ended

Jun. 30, 2012

Maturities of Long-term Debt [Abstract]

Long-Term Debt

5.    Long-Term Debt

Maturities of long-term debt for succeeding years are as follows:

	June 30, 2011		December 31, 2011
Loan from Cole Taylor, payable in monthly installments of $12,300, plus interest at prime plus 2% with a balloon payment of approximately $2,222,500 in June 2016; secured by real property at Ukiah.		2,811,900		2,885,600
Loan from Cole Taylor, payable in monthly installments of $25,200 including interest at prime plus 1.5% with a balloon payment of approximately $654,800 in June 2016; secured by all assets of Releta and MBC.		1,865,500		1,818,900
		4,677,400		4,704,500
Less current maturities		450,000		423,600
	$	4,227,400	$	4,280,900

Payments due during –

Six months ending December 31,2012	$	225,000
Year ending December 31, 2013		450,000
Year ending December 31, 2014		450,000
Year ending December 31,2015		450,000
Year ending December 31,2016		3,102,400
	$	4,677,400