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PROPERTY, PLANT AND EQUIPMENT (Tables)

12 Months Ended

Dec. 31, 2012

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment [Table Text Block]

Property, plant and equipment consists of the following as of:

	December 31, 2012			December 31, 2011

Building, building improvements, and land	$	—		$	1,224,962
Furniture, fixtures, vehicles and equipment		181,296			104,928
		181,296			1,329,890
Less: accumulated depreciation and amortization		(109,015	)		(223,227	)
	$	72,281		$	1,106,663

- Definition

Tabular disclosure of the useful life and salvage value of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software.

+ References+ Details