NOTES PAYABLE (Tables)

6 Months Ended

Jun. 30, 2016

Investments and Advances to Affiliates [Table Text Block]

				Annual Interest
Description		Amount		Rate %
Advances by date:
August 31, 2011*	$	2,328,422		2.997
September 28, 2011		10,043,467		2.755
October 27, 2011		3,600,026		2.918
December 2, 2011		4,377,079		2.795
December 21, 2011		2,313,322		2.608
January 25, 2012		8,968,019		2.772
April 26, 2012		13,029,325		2.695
May 30, 2012		19,497,204		2.408
August 27, 2012		7,709,454		2.360
December 28, 2012		2,567,121		2.396
June 10, 2013		2,355,316		2.830
July 3, 2013*		2,242,628		3.073
July 31, 2013*		4,026,582		3.214
		83,057,965
Principal paid through June 30, 2016		(21,221,206	)
Loan balance at June 30, 2016	$	61,836,759

Schedule of Annual Principal Payments Construction in Progress [Table Text Block]

For the Twelve Months Ended		Principal
June 30,		Payments
2017	$	4,545,231
2018		3,898,652
2019		4,155,445
2020		4,347,724
2021		4,789,681
Thereafter		89,616,688
	$	111,353,421