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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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MIC-Info: RSA-MD5,RSA,
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<SEC-DOCUMENT>0001354488-10-000762.txt : 20100311
<SEC-HEADER>0001354488-10-000762.hdr.sgml : 20100311
<ACCEPTANCE-DATETIME>20100311152311
ACCESSION NUMBER:		0001354488-10-000762
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20100309
FILED AS OF DATE:		20100311
DATE AS OF CHANGE:		20100311

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Collins Cooper C.
		CENTRAL INDEX KEY:			0001485508

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-14494
		FILM NUMBER:		10673872

	MAIL ADDRESS:	
		STREET 1:		33219 FOREST WEST DRIVE
		CITY:			MAGNOLIA
		STATE:			TX
		ZIP:			77354

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			GOLF TRUST OF AMERICA INC
		CENTRAL INDEX KEY:			0001024126
		STANDARD INDUSTRIAL CLASSIFICATION:	REAL ESTATE INVESTMENT TRUSTS [6798]
		IRS NUMBER:				330724736
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		14 NORTH ADGER'S WHARF
		CITY:			CHARLESTON
		STATE:			SC
		ZIP:			29401
		BUSINESS PHONE:		7147234653

	MAIL ADDRESS:	
		STREET 1:		14 NORTH ADGER'S WHARF
		CITY:			CHARLESTON
		STATE:			SC
		ZIP:			29401
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>issuerdirect_section16.xml
<DESCRIPTION>PRIMARY DOCUMENT
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0303</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2010-03-09</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0001024126</issuerCik>
        <issuerName>GOLF TRUST OF AMERICA INC</issuerName>
        <issuerTradingSymbol>GTA</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001485508</rptOwnerCik>
            <rptOwnerName>Collins Cooper C.</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>33219 FOREST WEST DRIVE</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>MAGNOLIA</rptOwnerCity>
            <rptOwnerState>TX</rptOwnerState>
            <rptOwnerZipCode>77354</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>1</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <officerTitle>President and CEO</officerTitle>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2010-03-09</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>A</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>9405000</value>
                </transactionShares>
                <transactionPricePerShare>
                    <footnoteId id="F1"/>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>9405000</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <footnotes>
        <footnote id="F1">Received in exchange for 90 shares of Pernix Therapeutics, Inc. common stock in connection with the merger of Pernix Therapeutics, Inc. with and into a wholly-owned subsidiary of the issuer.  On the effective date of the merger, the closing price of the issuer's common stock was $1.99.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/Cooper C. Collins</signatureName>
        <signatureDate>2010-03-11</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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