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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income (loss) attributable to the Company $ 52,369 $ (58,544)
Adjustments to reconcile net income (loss) attributable to the Company to net cash used in operating activities:    
Depreciation and amortization 3,849 3,849
Net income from other investments (278,616) (37,090)
Equity loss from residential real estate partnership 117,176 0
Net gain from investments in marketable securities (126,512) (163,712)
Net income (loss) attributable to noncontrolling interest 10,050 (1,031)
Changes in assets and liabilities:    
Other assets and other receivables 112,451 128,057
Accounts payable, accrued expenses and other liabilities 67,319 63,218
Total adjustments (94,283) (6,709)
Net cash used in operating activities (41,914) (65,253)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Distribution from residential real estate partnership 130,000 0
Distributions from other investments 568,029 227,657
Contributions to other investments (152,737) (727,004)
Net proceeds from sales and redemptions of securities 1,928,958 1,172,613
Purchase of marketable securities (1,941,697) (1,038,624)
Proceeds from collections of mortgage loans and notes receivable 78,000 0
Improvements of properties (660) (14,494)
Net cash provided by (used in) investing activities 609,893 (379,852)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Margin repayment (48,803) (3,922,875)
Dividend paid (501,196) (517,747)
Contribution from noncontrolling interest 7,029
Net cash used in financing activities (549,999) (4,433,593)
Net increase (decrease) in cash and cash equivalents 17,980 (4,878,698)
Cash and cash equivalents at beginning of the period 3,019,463 11,213,385
Cash and cash equivalents at end of the period 3,037,443 6,334,687
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:    
Cash paid during the year for interest 15,000 23,000
Cash paid during the year for income taxes $ 0 $ 0