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CASH FLOW STATEMENT (USD $)
6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Cash flows from operating activities    
Net loss $ (185,329) $ (232,447)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation 1,775 1,945
Changes in operating assets and liabilities    
Prepaid and other current assets 7,910 (3,738)
Property held for sale, net 2,044 0
Accounts payable and accrued expenses (76,394) (89,988)
Accrued expenses - affiliates 0 44,750
Net cash used in operating activities (249,994) (279,478)
Cash flows from investing activities    
Purchase of short-term investments (490,000) (2,260,000)
Proceeds from maturities of short-term investments 1,255,000 960,000
Increase in sales property and equipment, net 0 (1,097)
Increase in other assets, net (500) 0
Net cash provided by investing activities 764,500 (1,301,097)
Net increase in cash and cash equivalents 514,506 (1,580,575)
Cash and cash equivalents - beginning of period 458,956 1,651,917
Cash and cash equivalents - end of period $ 973,462 $ 71,342