|
|
|
Year Ended December 31 |
|
| Annual Financial Summary |
|
2008 |
|
2007 |
|
2006 |
|
2005 |
|
2004 |
|
| Operations: |
|
|
|
|
|
|
|
|
|
|
|
| Revenue |
|
$656,578 |
|
$1,114,958 |
|
$2,478,609 |
|
$3,797,885 |
|
$3,903,488 |
|
| Net Income |
|
(619,718) |
|
(2,939,689) |
|
(1,631,428) |
|
(307,308) |
|
669,871 |
|
| Per Share Data: |
|
|
|
|
|
|
|
|
|
|
|
| Basic earnings |
|
($1.64) |
|
($7.73) |
|
($4.28) |
|
($1.13) |
|
$0.80 |
|
| Diluted earnings |
|
($1.64) |
|
($7.73) |
|
($4.28) |
|
($1.13) |
|
$0.69 |
|
| Common share dividends |
|
|
|
--- |
|
--- |
|
$0.10 |
|
$1.20 |
|
| Balance Sheet Data: |
|
|
|
|
|
|
|
|
|
|
|
| Mortgage notes receivable |
|
$5,460,948 |
|
$11,114,365 |
|
$17,121,939 |
|
$26,318,616 |
|
$19,053,474 |
|
| Total Assets |
|
12,371,206 |
|
12,169,179 |
|
18,204,100 |
|
30,956,866 |
|
25,769,248 |
|
| Total liabilities |
|
4,828,663 |
|
3,955,164 |
|
7,049,874 |
|
18,023,873 |
|
11,694,078 |
|
| Stockholders' equity |
|
7,542,543 |
|
8,124,015 |
|
11,154,226 |
|
12,932,993 |
|
14,075,170 |
|
| Common share equity |
|
2,259,856 |
|
2,931,328 |
|
5,871,539 |
|
7,522,516 |
|
8,490,853 |
|
| Common shares |
|
366,532 |
|
380,532 |
|
380,532 |
|
390,032 |
|
442,325 |
|
| Common share book value |
|
$6.17 |
|
$7.70 |
|
$15.43 |
|
$19.29 |
|
$19.20 |
|
|
Cumulative Financial Summary - 2009 |
4th Qtr |
3rd Qtr |
2nd Qtr |
1st Qtr |
| Revenue | |
$ 321,343 |
$ 206,958 |
$ 78,773 |
| Net Income | |
(396,136) |
74,466 |
25,808 |
| Basic earnings per share | |
$1.10 |
$0.20 |
$0.08 |
| Common share dividends | |
--- |
--- |
--- |
| Mortgage notes receivable | |
$3,128,777 |
$4,640,674 |
$4,911,241 |
| Total assets | |
11,055,971 |
8,007,632 |
10,491,835 |
| Total liabilities | |
3,969,050 |
432,423 |
2,967,932 |
| Stockholders' equity | |
7,086,921 |
7,575,209 |
7,523,903 |
| Common share book value | |
$5.12 |
$6.47 |
$6.12 |
Additional information can be obtained at the following sites:
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