XML 44 R7.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
 12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Operating Activities      
Net income $ 5,518 $ 1,521 $ 669
Adjustments to reconcile net income applicable to common shares to net cash flows from operating activities:      
Depreciation and amortization     0
Earnings from unconsolidated subsidiaries and investees 0 37 52
Gain on sale of income producing properties 0 0 (947)
Provision on impairment of real estate assets 0 0 1,474
Increase (Decrease) in assets:      
Accrued interest receivable (3,691) 1,620 (2,692)
Other assets,, 58 263 690
Accrued interest payable (793) (80) 1,935
Other liabilities 67 24 (278)
Net cash provided by (used in) operating activities 1,159 3,385 903
Cash Flow From Investing Activities:      
Proceeds from sales of income-producing properties 0 0 1,892
Proceeds from sales of land 0 0 1,210
Proceeds from notes receivable 0 2,990 2,585
Affiliate receivable 14,200 (6,374) (3,559)
Net cash provided by (used in) investing activities 14,200 (3,384) 2,128
Cash Flow From Financing Activities:      
Proceeds from notes payable 12,343 0 0
Payments on notes payable 0 0 (682)
Payments on maturing notes payable (27,701) 0 (2,374)
Deferred financing costs 0 0 6
Net cash used in financing activities (15,358) 0 (3,050)
Net increase in cash and cash equivalents 1 1 (19)
Cash and cash equivalents, beginning of period 2 1 20
Cash and cash equivalents, end of period 3 2 1
Supplemental disclosures of cash flow information:      
Cash paid for interest 1,162 1,385 1,154
Cash received for income taxes $ 0 $ 0