Subsequent Events

3 Months Ended

Mar. 31, 2012

(13)

Subsequent Events

Since August 2010, the Company has a branch office that has accounted for a material portion of the Company’s revenues. For 2011, this branch office accounted for approximately $5.1 million of the Company’s revenues. The Company and the principal members of this branch office have agreed that the branch office will no longer be associated with the Company on or about the filing date of this Form 10-Q. Management believes that while the loss of revenues will be material and that the Company will seek to replace all or part of the loss of revenue with the addition of one or more new branch offices, the loss of the branch office will not materially change the prospects of the Company’s profitability or the ability of the Company to pay dividends to its Preferred Stockholders.

In accordance with applicable accounting standards, the Company evaluated subsequent events through May 2, 2012, the date the financial statements were available for issue.

WOODSTOCK HOLDINGS INC. 10-Q/A