Attached files

file filename
EXCEL - IDEA: XBRL DOCUMENT - NEW BASTION DEVELOPMENT, INC.Financial_Report.xls
XML - IDEA: XBRL DOCUMENT - NEW BASTION DEVELOPMENT, INC.R9.htm
XML - IDEA: XBRL DOCUMENT - NEW BASTION DEVELOPMENT, INC.R8.htm
XML - IDEA: XBRL DOCUMENT - NEW BASTION DEVELOPMENT, INC.R2.htm
EX-32 - EXHIBIT 32 - NEW BASTION DEVELOPMENT, INC.nbdi063011q_ex32z1.htm
EX-31 - EXHIBIT 31.2 - NEW BASTION DEVELOPMENT, INC.nbdi063011q_ex31z2.htm
XML - IDEA: XBRL DOCUMENT - NEW BASTION DEVELOPMENT, INC.R6.htm
XML - IDEA: XBRL DOCUMENT - NEW BASTION DEVELOPMENT, INC.R3.htm
XML - IDEA: XBRL DOCUMENT - NEW BASTION DEVELOPMENT, INC.R5.htm
XML - IDEA: XBRL DOCUMENT - NEW BASTION DEVELOPMENT, INC.R1.htm
XML - IDEA: XBRL DOCUMENT - NEW BASTION DEVELOPMENT, INC.R4.htm
XML - IDEA: XBRL DOCUMENT - NEW BASTION DEVELOPMENT, INC.R10.htm
XML - IDEA: XBRL DOCUMENT - NEW BASTION DEVELOPMENT, INC.R12.htm
XML - IDEA: XBRL DOCUMENT - NEW BASTION DEVELOPMENT, INC.R11.htm
10-Q - QUARTERLY REPORT ON FORM 10-Q - NEW BASTION DEVELOPMENT, INC.nbdi063011_10q.htm
EX-31 - EXHIBIT 31.1 - NEW BASTION DEVELOPMENT, INC.nbdi063011q_ex31z1.htm
v2.4.0.6
Real Estate Inventories
6 Months Ended
Jun. 30, 2011
Notes to Financial Statements  
Real Estate Inventories

NOTE 2 – REAL ESTATE INVENTORIES

 

At June 30, 2011 and December 31, 2010, real estate inventories, consisting of 65 undeveloped plots of land and a 27 acre commercial parcel of land primarily in Jackson and Washington County, Florida, consisted of the following:

 

Location   Subdivision   2011   2010
Jackson County, FL   Compass Lake   $                    418,500   $                    544,000
Washington County, FL   Sunny Hills                          41,000                          82,000
Jackson County, FL   Commercial                        175,500                        175,500
Flagler County, FL   Flagler County                               300                            2,500
        $                    635,300   $                    804,000

 

The Company evaluated the carrying value of the properties as of June 30, 2011. For the six months ended June 30, 2011 and 2010, the Company recorded an impairment loss on the properties of $168,700 and $0, respectively. The properties are currently not being developed.