| Investments and Advances to Affiliates [Table Text Block] |
| |
|
|
|
|
Annual Interest |
|
| Description |
|
Amount |
|
|
Rate % |
|
| Advances by date: |
|
|
|
|
|
|
| August 31, 2011 |
$ |
2,328,422
|
|
|
2.997
|
|
| September 28, 2011 |
|
10,043,467
|
|
|
2.755
|
|
| October 27, 2011 |
|
3,600,026
|
|
|
2.918
|
|
| December 2, 2011 |
|
4,377,079
|
|
|
2.795
|
|
| December 21, 2011 |
|
2,313,322
|
|
|
2.608
|
|
| January 25, 2012 |
|
8,968,019
|
|
|
2.772
|
|
| April 26, 2012 |
|
13,029,325
|
|
|
2.695
|
|
| May 30, 2012 |
|
19,497,204
|
|
|
2.408
|
|
| August 27, 2012 |
|
7,709,454
|
|
|
2.360
|
|
| December 28, 2012 |
|
2,567,121
|
|
|
2.396
|
|
| |
|
74,433,439
|
|
|
|
|
| Interest paid by loan |
|
1,085,854
|
|
|
|
|
| |
|
|
|
|
|
|
| Loan balance at March 31, 2013 |
$ |
75,519,293
|
|
|
|
|
|
| Schedule of Annual Principal Payments Construction in Progress [Table Text Block] |
| For the Year Ended |
|
Principal |
|
| December 31, |
|
Payments |
|
| 2013 |
$ |
866,342
|
|
| 2014 |
|
3,402,000
|
|
| 2015 |
|
3,421,000
|
|
| 2016 |
|
3,421,000
|
|
| 2017 |
|
3,421,000
|
|
| Thereafter |
|
60,987,951
|
|
| |
|
|
|
| |
$ |
75,519,293
|
|
|