Consolidated Balance Sheets (Unaudited) (USD $)	Sep. 30, 2011	Dec. 31, 2010
CURRENT ASSETS
Cash and cash equivalents	$ 13,058	$ 15,846
Prepaid expenses	47,937	11,050
Total Current Assets	60,995	26,896
Real estate inventories	635,300	804,000
TOTAL ASSETS	696,295	830,896
CURRENT LIABILITIES
Dividends payable	79,552	60,652
Notes payable	72,500	72,500
Convertible notes payable, net of discount		79,000
Advances from related party	13	163
Accounts payable	75,236	61,993
Accrued compensation and benefits	129,100
Accrued real estate taxes and penalties	79,534	67,549
Accrued interest payable	45,236	16,416
Total Current Liabilities	481,171	358,273
CONTINGENCIES (Note 6)
STOCKHOLDERS' EQUITY :
Convertible Preferred stock issuable, undesignated, no par, 5,000,000 authorized, none issued and outstanding
Series A, convertible preferred stock, $1,000 par value, 5,000,000 authorized, 210 and 210 issued and outstanding at September 30, 2011 and December 31, 2010, respectively	210,000	210,000
Common stock $0.10 par value; 100,000,000 authorized, 24,518,753 and 20,088,753 issued and outstanding at September 30, 2011 and December 31, 2010, respectively.	2,451,876	2,008,876
Additional paid-in-capital	555,462	256,311
Deficit accumulated during development stage	(3,002,214)	(2,002,564)
TOTAL STOCKHOLDERS' EQUITY	215,124	472,623
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$ 696,295	$ 830,896