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DISCONTINUED OPERATIONS (Tables)
3 Months Ended 12 Months Ended
Mar. 31, 2014
Dec. 31, 2013
Accounting Policies [Abstract]    
Schedule of Assets And Liabilities

 

   

March 31,

2014

   

December 31,

2013

 
Assets:            
Assets of discontinued operations   $ -     $ -  
                 
Liabilities:                
Accounts payables and accrued expenses   $ 30,664     $ 30,664  
Liabilities of discontinued operations   $ 30,664     $ 30,664  

 

   

December 31,

2013

   

December 31,

2012

 
Assets:            
Deposits in real estate under contract   $ -     $ 82,145  
      -       -  
Real estate held for sale     -       1,035,570  
      Assets of discontinued operations   $ -     $ 1,117,715  
                 
Liabilities:                
Accounts payables and accrued expenses     30,664       30,664  
      Liabilities of discontinued operations   $ 30,664     $ 30,664  
Schedule of Discontinued Operations

 

    For the Three Months Ended March 31, 2014     For the Three Months Ended March 31, 2013  
Revenues – real estate   $ -     $ 986,951  
Cost of sales- real estate     -       (817,483 )
Gross profit     -       169,468  
Operating and other non-operating expenses     -       (60,688 )
                 
Income from discontinued operations, net of tax   $ -     $ 108,780  

 

   

 

For the year ended December 31, 2013

   

 

For the year ended December 31, 2012

 
Revenues – real estate   $ 1,270,916     $ 724,090  
Cost of sales – real estate     (1,064,320     (576,126)  
Gross profit     206,596       147,964  
Operating and other non-operating expenses     (111,352 )     (1,558,635)  
Gain on sale of assets of discontinued operations     168,216       -  
                 
Income (loss) from discontinued operations   $ 263,460     $ (1,410,671 )