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Other
3 Months Ended
Mar. 31, 2014
Other Income and Expenses [Abstract]  
Other

13. Other

       On December 24, 2013, the Company announced the entry into an Agreement of Sale (the “Sale Agreement”) to sell its property located at 151 East 86th Street, New York to an affiliate of Stillman Development International, LLC for a price of $82,000, subject to certain adjustments. Also, on March 27, 2014, the parties agreed to amend the Sale Agreement to provide an extension of the closing date to be on or before April 11, 2014.

       On April 11, 2014, the parties agreed to further amend the Sale Agreement to provide an extension of the closing date to be on or before July 14, 2014, subject to the conditions contained in the Sale Agreement. In connection with this amendment, the purchaser increased the amount of the non-refundable deposit from $5,000 to $10,000. The terms of Sale Agreement provides that in the event that the purchaser defaults in its obligations to close, the Company retains the entire amount of the deposit.