11. Other Assets

12 Months Ended

Dec. 31, 2012

Other Assets Disclosure [Text Block]

11.    OTHER ASSETS

The Company’s other assets consisted of the following as of December 31, 2012 and 2011:

Description	2012		2011
Deferred loan costs, net of accumulated amortization	$	112,000	$	121,000
Prepaid expenses and other assets		285,000		333,000
Food/beverage & spa inventory		94,000		65,000
Utility deposits		119,000		106,000
Deferred leasing costs		34,000		28,000
Total other assets	$	644,000	$	653,000