CREDIT ARRANGEMENTS (Tables)

6 Months Ended

Jun. 30, 2013

NOTES PAYABLE [Abstract]

Schedule of promissory note

At June 30, 2013 and December 31, 2012, the Company had the following outstanding debt:

					Outstanding Principal Balance
Instrument	Issue Date		Maturity Date		June 30, 2013		December 31, 2012
Promissory Note:
HPG Acquisitions		2007-02-07		2017-11-07	$	0	$	202,919
HPG Acquisitions		2012-12-27		2018-03-04		12,000,000		12,000,000

Schedule of lines of credit

Instrument	Issue Date		Maturity Date		Revolving Credit Limit		December 31, 2012		Borrowings		Repayments		June 30, 2013
Lines of Credit:
UTG		2012-11-20		2013-11-20	$	8,000,000	$	1,655,035		0		0	$	1,655,035
UTG Avalon		2011-12-28		2014-01-03		5,000,000		5,000,000		0		5,000,000		0
UTG Avalon		2013-03-28		2014-03-28		5,000,000		0		5,000,000		0		5,000,000
UG		2010-12-28		2013-12-06		15,000,000		0		0		0		0

Scheduled principal reduction on notes payable for the next five years

The consolidated scheduled principal reductions on the notes payable for the next five years are as follows:

Year	Amount
2013	$	1,655,035
2014		5,000,000
2015		345,460
2016		478,193
2017		499,277