RELATED PARTY TRANSACTIONS
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12 Months Ended |
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Dec. 31, 2012
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Related Party Transactions [Abstract] | |
RELATED PARTY TRANSACTIONS |
NOTE 6 - RELATED PARTY TRANSACTIONS
The Company is a partner in several limited partnerships (Note 4). The Company occasionally pays for operating expenses of the partnerships and is reimbursed as funds become available to the partnerships. The Company received a $30,000 loan from director Donna Steward in 2004 as stated in note 7. This note was paid in full during 2012. Additionally, the Company uses 500 square feet of office space from its Interim President rent free. There are no commitments attached to this space. |
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- Definition
The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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