HMG/Courtland Properties, Inc. and subsidiaries (HMG) is engaged in the ownership and management of income-producing commercial properties. The Company�s commercial properties are located in the Coconut Grove section of Miami, Florida and consist of a luxury resort on a private island known as Grove Isle with a 50-room hotel, restaurant/banquet facilities, spa, tennis courts and marina with 85 dockage slips and a 50% leasehold interest in Monty�s, a facility consisting of a 16,000 square foot indoor/outdoor seafood restaurant adjacent to a marina with 132 dockage slips and a 40,000 square foot office/retail mall building with approximately 24,000 net rentable square feet. The Company�s rental and related revenue during the year ended December 31, 2009, were generated approximately 66% from the Grove Isle property and 34% from the Monty�s property.