Consolidated Balance Sheets

September 30, 2005

December 31, 2004

(Unaudited)

ASSETS

Mortgage investments - net

 $

      47,216,340

 $

     17,217,116

Goodwill

      10,576,657

                      -

Building and equipment - net

        8,283,548

          180,000

Land

        1,820,000

                      -

Cash

        5,644,877

       2,375,309

Investment in subsidiary

                       -

       3,501,047

Other

           532,116

          281,882

Total assets

$

      74,073,538

$

     23,555,354

LIABILITIES AND STOCKHOLDERS' EQUITY

Notes payable

$

      12,162,097

$

       6,322,139

Accounts payable and accrued expenses

        1,802,460

          450,227

Total liabilities

      13,964,557

       6,772,366

Minority interest

           409,831

                      -

Preferred stock, $0.01 par value: 15,000,000 shares

authorized, none outstanding

                       -

                      -

Common stock, $0.01 par value: 100,000,000 shares

authorized; 6,848,583, and 1,996,386 shares issued

and outstanding on September 30, 2005, and

December 31, 2004, respectfully

             68,486

            19,964

Additional paid-in capital

      59,889,997

     16,782,200

Retained earnings

         (259,333)

          (19,176)

Total stockholders' equity

      59,699,150

     16,782,988

Total liabilities and stockholders' equity

$

      74,073,538

$

     23,555,354