Deferred Costs, Capitalized, Prepaid, and Other Assets

12 Months Ended

Dec. 31, 2011

Deferred Costs, Capitalized, Prepaid, and Other Assets

Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Table Text Block]

Note 8 — Deferred Loan Costs

Costs which have been deferred consist of the following:

	December 31,
	2011	2010
Deferred loan costs	$133,405	$-
Less:  deferred loan cost accumulated amortization	(38,252)	-
Total cost, net of accumulated amortization	$95,153	$-

A summary of expected future amortization of deferred loan costs as of December 31, 2011 is as follows:

Years ending December 31,	Deferred Loan Costs
2012		$44,116
2013		44,116
2014		6,921
Total		$95,153