SUBSEQUENT EVENTS	3 Months Ended
SUBSEQUENT EVENTS	Mar. 31, 2012
SUBSEQUENT EVENTS [Abstract]
SUBSEQUENT EVENTS	NOTE 7 - SUBSEQUENT EVENTS Convertible Promissory Note In October 2012, in order to properly memorialize certain demand loans received and previously disclosed, effective on June 21, 2012, the Company entered into a convertible promissory note agreement with a third party company in the amount of $25,000. This convertible note is unsecured, bear interest at 9.0% per annum and is payable on or before December 31, 2012. The Holder shall have the right, exercisable at any time from and after the date of issuance of these convertible promissory notes until the notes are fully paid, to convert the entire outstanding and unpaid principal of these note, in whole or in part, upon delivery of a notice of conversion into the Company's common stock at the conversion price which shall be 90% of the average of the lowest three (3) closing prices for the Company's common stock during the 20 trading day period ending one trading day prior to the conversion date. Pursuant to ASB Topic 470-20-525 (Debt with conversion and other options), since the promissory note had a fixed conversion rate of 90% of the stock price, the Company determined it had a fixed maximum amount that can be settled for the debt. Accordingly, the Company accrued a put premium amount of $2,778 in this period since the debt is convertible at a fixed monetary amount of $27,778 and the Company recorded interest expense for this premium of $2,778.

WHITEMARK HOMES INC 10-Q