Note 5 - Land Sale	3 Months Ended
Mar. 31, 2012
Property, Plant and Equipment Impairment or Disposal Disclosure	Note 5: Land Sale During the first quarter of 2012, the Company sold 80 acres of land for $160,000 and reported a gain of $124,000. This transaction was structured as a “deferred exchange using a qualified intermediary” pursuant to Paragraph 1031 of the Internal Revenue Code (1031 Exchange) for income tax purposes. Due to the 1031 exchange, the gain of $124,000 is deferred for income tax purposes. At March 31, 2012, the 1031 exchange has not been completed and $159,003 in net proceeds is held by the intermediary and restricted to use by the Company.

Note 5 - Land Sale

3 Months Ended

Mar. 31, 2012

Property, Plant and Equipment Impairment or Disposal Disclosure

Note 5: Land Sale

During the first quarter of 2012, the Company sold 80 acres of land for $160,000 and reported a gain of $124,000. This transaction was structured as a “deferred exchange using a qualified intermediary” pursuant to Paragraph 1031 of the Internal Revenue Code (1031 Exchange) for income tax purposes. Due to the 1031 exchange, the gain of $124,000 is deferred for income tax purposes. At March 31, 2012, the 1031 exchange has not been completed and $159,003 in net proceeds is held by the intermediary and restricted to use by the Company.

- Definition

Disclosure of long-lived assets to be held and used by an entity or disposed, which may include a description of the impaired long-lived asset and facts and circumstances leading to the impairment, amount of the impairment loss and where the loss is located in the income statement, method(s) for determining fair value, and the segment in which the impaired long-lived asset is reported. For each long-lived asset to be disposed of or abandoned, a company may disclose a description of the asset to be disposed of or abandoned and the related circumstances, including the manner and expected timing of disposition.

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