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3 - PROPERTY AND EQUIPMENT
12 Months Ended
Dec. 31, 2011
Property, Plant and Equipment Disclosure [Text Block]
3  -  PROPERTY AND EQUIPMENT

Property and equipment, at cost, is summarized as follows:

   
December 31,
 
   
2011
   
2010
 
Land
  $ 1,297,000     $ 1,297,000  
Buildings and improvements
    5,086,000       5,085,000  
Furniture and equipment
    751,000       740,000  
Computer software and equipment
    462,000       443,000  
    Total Property and Equipment
    7,596,000       7,565,000  
Less: Accumulated depreciation and amortization
    (2,774,000 )     (2,588,000 )
Property and Equipment, net
  $ 4,822,000     $ 4,977,000