Annual report pursuant to Section 13 and 15(d)

DISCONTINUED OPERATIONS (Tables)

v2.4.1.9
DISCONTINUED OPERATIONS (Tables)
12 Months Ended
Dec. 31, 2014
Accounting Policies [Abstract]  
Schedule of Assets And Liabilities

The carrying amounts of the major classes of these assets and liabilities are summarized as follows:

 

    For the Year Ended December 31, 2014     For the Year Ended December 31, 2013  
Assets:            
Deposits in real estate under contract   $ -     $ -  
Real estate held for sale   $ -     $ -  
Assets of discontinued operations   $ -     $ -  
                 
Liabilities                
Accounts payable and accrued expenses   $ -     $ 30,664  
Liabilities of discontnued operations   $ -     $ 30,664  

 

Schedule of Discontinued Operations

 

    For the Year Ended December 31, 2014     For the Year Ended December 31, 2013  
Revenues - Real Estate   $ -     $ 1,270,916  
Cost of Sales - Real Estate     -       (1,064,320 )
Gross Profit             206,596  
Operating and other non-operating expenses     -       (111,352 )
Gain on sale of assets of discontinued operations     -       168,216  
                 
Income from discontinued operations   $ -     $ 263,460