|
Consolidated Statements of Operations (USD $)
|
3 Months Ended | 9 Months Ended | 12 Months Ended | |||
|---|---|---|---|---|---|---|
|
Sep. 30, 2011
|
Sep. 30, 2010
|
Sep. 30, 2011
|
Sep. 30, 2010
|
Dec. 31, 2010
|
Dec. 31, 2009
|
|
| Management and consulting revenue | ||||||
| Affiliate | $ (30,726) | $ 9,250 | $ 1,750 | $ 59,671 | $ 115,468 | $ 98,811 |
| Other | 25,000 | 0 | 466,667 | 20,833 | 20,833 | 504,167 |
| Total revenue | (5,726) | 9,250 | 468,417 | 80,504 | 136,301 | 602,978 |
| Expenses: | ||||||
| General and administrative expense | 280,446 | 163,177 | 769,732 | 657,249 | 946,189 | 816,198 |
| Deferred acquisition costs | 0 | 279,050 | ||||
| Asset impairment | 250,000 | 50,000 | ||||
| Total expenses | 280,446 | 163,177 | 769,732 | 657,249 | 1,196,189 | 1,145,248 |
| Loss from operations before income taxes | (286,172) | (153,927) | (301,315) | (576,745) | (1,029,918) | (813,696) |
| Income taxes | 0 | 0 | 0 | 0 | 0 | 0 |
| Loss from operations | (286,172) | (153,927) | (301,315) | (576,745) | (1,059,888) | (542,270) |
| Other income (expense) | ||||||
| Realized gain from sales of investments | 0 | (1,658) | 19,991 | 149,350 | 106,035 | 58,697 |
| Other than temporary decline in available-for-sale securities | (147,973) | 0 | (147,973) | (40,386) | (40,386) | (342,259) |
| Equity in earnings (losses) of investments | (20,820) | 21,597 | (9,256) | 42,850 | 58,337 | 23,000 |
| Interest and other income | 0 | 11,500 | 5,016 | 34,500 | 46,000 | 23,000 |
| Interest expense | (41,190) | (27,421) | (63,876) | (104,396) | (140,016) | (33,914) |
| Miscellaneous income | 0 | 50 | ||||
| Total other income (expense) | (209,983) | 4,018 | (196,098) | 81,918 | 29,970 | (271,426) |
| Net loss before non-controlling interest | (496,155) | (149,909) | (497,413) | (494,827) | (1,029,918) | (813,696) |
| Non-controlling interest | 399 | 553 | 1,376 | 430 | 18,353 | 0 |
| Net loss | (495,756) | (149,356) | (496,037) | (494,397) | (1,011,565) | (813,696) |
| Other comprehensive income (loss): | ||||||
| Unrealized gain (loss) on available-for-sale securities (none applies to non-controlling interest) | (172,031) | (62,901) | (224,240) | 38,946 | 152,027 | (84,000) |
| Net comprehensive Income (loss) | $ (667,787) | $ (212,257) | $ (720,277) | $ (455,451) | $ (859,538) | $ (897,696) |
| Net loss per share, basic and diluted (in dollars per share) | $ (0.20) | $ (0.07) | $ (0.21) | $ (0.25) | $ (0.51) | $ (0.42) |
| Weighted average shares outstanding (in shares) | 2,477,759 | 2,009,272 | 2,332,222 | 1,969,822 | 1,990,462 | 1,928,200 |
| X | ||||||||||
|
- Definition
The net result for the period of deducting operating expenses from operating revenues but before deducting the income taxes. No definition available.
|
| X | ||||||||||
|
- Definition
Amount of Miscellaneous income by the entity during the period. No definition available.
|
| X | ||||||||||
|
- Definition
Number of [basic] shares, after adjustment for contingently issuable shares and other shares not deemed outstanding, determined by relating the portion of time within a reporting period that common shares have been outstanding to the total time in that period. also includes, the average number of shares issued and outstanding that are used in calculating diluted EPS, determined based on the timing of issuance of shares in the period. No definition available.
|
| X | ||||||||||
|
- Definition
The amount of expense recognized in the current period that reflects the allocation of capitalized costs associated with acquisition of business. As a noncash expense, this element is added back to net income when calculating cash provided by or used in operations using the indirect method. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The charge against earnings resulting from the aggregate write down of all assets from their carrying value to their fair value. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The change in equity [net assets] of a business enterprise during a period from transactions and other events and circumstances from non-owner sources which are attributable to the reporting entity. It includes all changes in equity during a period except those resulting from investments by owners and distributions to owners, but excludes any and all transactions which are directly or indirectly attributable to that ownership interest in subsidiary equity which is not attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
The amount of net income or loss for the period per each share in instances when basic and diluted earnings per share are the same amount and reported as a single line item on the face of the financial statements. Basic earnings per share is the amount of net income or loss for the period per each share of common stock or unit outstanding during the reporting period. Diluted earnings per share includes the amount of net income or loss for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. No definition available.
|
| X | ||||||||||
|
- Definition
The net realized gain (loss) on investments sold during the period, not including gains (losses) on securities separately or otherwise categorized as trading, available-for-sale, or held-to-maturity, which, for cash flow reporting, is a component of proceeds from investing activities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The aggregate total of expenses of managing and administering the affairs of an entity, including affiliates of the reporting entity, which are not directly or indirectly associated with the manufacture, sale or creation of a product or product line. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
This item represents the entity's proportionate share for the period of the net income (loss) of its investee (such as unconsolidated subsidiaries and joint ventures) to which the equity method of accounting is applied. This item includes income or expense related to stock-based compensation based on the investor's grant of stock to employees of an equity method investee. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The sum of the current income tax expense or benefit and the deferred income tax expense or benefit pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The cost of borrowed funds accounted for as interest that was charged against earnings during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Income derived from investments in debt securities and on cash and cash equivalents the earnings of which reflect the time value of money or transactions in which the payments are for the use or forbearance of money. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The portion of net Income or Loss attributable to the noncontrolling interest (if any) deducted in order to derive the portion attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The aggregate amount of income or expense from ancillary business-related activities (that is to say, excluding major activities considered part of the normal operations of the business). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
Generally recurring costs associated with normal operations except for the portion of these expenses which can be clearly related to production and included in cost of sales or services. Includes selling, general and administrative expense. No definition available.
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
The net result for the period of deducting operating expenses from operating revenues. No definition available.
|
| X | ||||||||||
|
- Definition
Gross appreciation or the gross loss in value of the total of unsold available-for-sale securities (except when designated as a fair value hedge or which had been determined to have had an other than temporary decline in fair value below its amortized cost basis) attributable to the parent entity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Revenues from the sale of other goods or rendering of other services, not elsewhere specified in the taxonomy; net of (reduced by) sales adjustments, returns, allowances, and discounts. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The after-tax amount of other than temporary impairment (OTTI) loss on a debt security, categorized as Available-for-sale, related to factors other than credit losses when the entity does not intend to sell the security and it is not more likely than not that the entity will be required to sell the security before recovery of its amortized cost basis. This amount of other than temporary losses on Available-for-sale Securities, net of applicable taxes, includes the portion attributable to the noncontrolling interest, if any; this amount is also referred to as the amount incurred by the reporting entity or the consolidated entity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
Total revenue from sale of goods and services rendered during the reporting period, in the normal course of business, reduced by sales returns and allowances, and sales discounts. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Aggregate revenue during the period for services rendered in the normal course of business (before deducting allowances and discounts) which are not otherwise defined in the taxonomy. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|