CREDIT ARRANGEMENTS (Tables)

9 Months Ended

Sep. 30, 2014

NOTES PAYABLE [Abstract]

Schedule of promissory note

At September 30, 2014 and December 31, 2013, the Company had the following outstanding debt:

			Outstanding Principal Balance
Instrument	Issue Date	Maturity Date		September 30, 2014	December 31, 2013
Promissory Note:
HPG Acquisitions	12/27/2012	3/4/2018		12,000,000	12,000,000

Schedule of lines of credit

Instrument	Issue Date	Maturity Date		Revolving Credit Limit		December 31, 2013	Borrowings	Repayments		September 30, 2014
Lines of Credit:
UTG	11/20/2013	11/20/2014	$	8,000,000	$	2,097,534	1,600,000	900,000	$	2,797,534
UTG Avalon	3/28/2013	3/28/2015		5,000,000		5,000,000	0	600,000		4,400,000
UG	12/28/2010	12/5/2014		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
2014	$	2,797,534
2015		4,745,460
2016		478,193
2017		499,277
2018		10,677,070

Note 6 – Shareholders' Equity