Financial

Statement of Financial Position for the Year Ended December 31, 2009
Assets
     Cash and Cash Equivalents
$
125,319
     Marketable Investment Securities
76,704,882
     Litigation Award Receivable
42,049,989
     Real Estate and Timber - Net
46,973,463
     Investments in Subsidiaries
169,411,277
     Due from Subsidiaries
3,973,602
     Other Assets
        453,129
  Total Assets
$
339,691,661
   
Liabilities  
     Accounts Payable and Accrued Expenses
$
3,045,943
     Notes Payable
        12,100,000
  Total Liabilities
15,145,943
   
Unrestricted Net Assets
324,545,718
   
  Total Liabilities and Unrestricted Net Assets
$
339,691,661
Statement of Activities for the Year Ended December 31, 2009
Revenues and Gains
     Rental Income
$
387,116
     Interest income
96.409
     Litigation Award Income
41,852,053
     Gain on Sale of Real Estate
21,800
     Unrealized Appreciation on Marketable Investment Securities
9,060,686
     Other Investment Income
   1,652,947
   
53,071,011
 
Expenses
     Salaries and Employee Benefits
$
1,409,311
     Property Taxes
91,376
     Depreciation and Amortization
260,477
     Interest Expense
109,622
     Grants
2,990,000
     Investment Fees
79,507
     Other
   569,565
   5,509,858
   
47,561,153
   
Equity in Net Loss of Subsidiaries
(2,722,604)
     Increase in Unrestricted Net Assets  
44,838,549
     
Unrestricted Net Assets, Beginning of Year  
279,707,169
Unrestricted Net Assets, End of Year  
$
324,545,718