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Statements of Cash Flows (USD $)
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Cash flows from operating activities      
Net loss $ (442,869) $ (483,149) $ (465,497)
Adjustments to reconcile net loss to net cash used by operating activities      
Depreciation 3,550 3,779 3,846
Changes in operating assets and liabilities      
Accrued interest receivable 10,124 (9,143) 11,521
Properties held for sale 2,751 0 6
Other assets (3,350) 0 0
Accounts payable and accrued expenses 20,766 (17,352) 14,246
Accrued expenses - affiliates 50 0 0
Net cash used by operating activities (408,978) (505,865) (435,878)
Cash flows from investing activities      
Purchases of land improvements and equipment 0 (1,096) (50,943)
Purchases of certificates of deposit (490,000) (3,091,000) (3,840,000)
Proceeds upon maturity of certificates of deposit 2,376,000 2,405,000 5,600,000
Net cash provided (used) by investing activities 1,886,000 (687,096) 1,709,057
Net increase (decrease) in cash and cash equivalents 1,477,022 (1,192,961) 1,273,179
Cash and cash equivalents - beginning of year 458,956 1,651,917 378,738
Cash and cash equivalents - end of year $ 1,935,978 $ 458,956 $ 1,651,917