Investments in Retirement Community Limited Partnerships

6 Months Ended

May 04, 2013

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Investments in Retirement Community Limited Partnerships

Note 5 Investments in Retirement Community Limited Partnerships

The Company’s investment in retirement community limited partnerships include a 31.9% interest in Walden Woods South LLC (“South”) and a 48.5% interest in CRF III, Ltd. (“Cypress Creek”). The Cypress Creek investment was $628,083 and $757,924 at May 4, 2013 and November 3, 2012, respectively. The South investment is zero at both May 4, 2013 and November 3, 2012.

The following is summarized financial information of South and Cypress Creek*:

	March 31, 2013			September 30, 2012
Total Assets	$	13,946,814		$	14,159,361
Total Liabilities	$	15,108,712		$	14,829,587
Total Equity	$	(1,161,898	)	$	(670,226	)

* Due to South and Cypress Creek having a calendar year-end, the summarized financial information provided is from their most recent quarter prior to the period covered by this report.