Condensed Consolidated Balance Sheets - USD ($)	Jun. 30, 2016	Dec. 31, 2015
Assets:
Real estate inventory	$ 34,020,047	$ 32,716,718
Cash and cash equivalents	7,447,471	8,936,147
Interest receivable	1,519	542
Prepaid and other assets	57,784	38,548
Investment in other ventures	192,925	192,692
Website, net	16,667	20,000
Total assets	41,736,413	41,904,647
Liabilities:
Accrued expenses and other liabilities	493,239	325,216
Total liabilities	493,239	325,216
Commitments
Stockholders’ equity:
Common stock	264,297	264,297
Additional paid-in capital	80,291,992	80,291,992
Accumulated deficit	(39,013,040)	(38,676,783)
Treasury stock - at cost	(300,075)	(300,075)
Total stockholders’ equity	41,243,174	41,579,431
Total liabilities and stockholders’ equity	$ 41,736,413	$ 41,904,647