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Note B - Mortgage Notes Payable (Details) (USD $)
12 Months Ended
Dec. 31, 2011
Lakeside at Vinings Mountain - Old Mortgage - May 2011 $ 9,170,000
Lakeside at Vinings Mountain - New Mortgage - May 2011 14,982,000
Stated Interest Rate - Lakeside at Vinings Mountain - New Mortgage 5.53%
Required monthly P&I payments - Lakeside at Vinings Mountain - New Mortgage 85,000
Balloon payment June 2021 maturity new mortgage - Lakeside at Vinings Mountain 12,405,000
Loss on early extinguishment debt - Lakeside at Vinings Mountain 482,000
Total capitalized loan costs - new mortgage - Lakeside at Vinings Mountain 189,000
The Peak at Vinings Mountain - Old Mortgage - May 2011 9,861,000
The Peak at Vinings Mountain - New Mortgage - May 2011 15,828,000
Stated Interest Rate - The Peak at Vinings Mountain - New Mortgage 5.54%
Required monthly P&I payments - The Peak at Vinings Mountain - New Mortgage 90,000
Balloon payment June 2021 maturity new mortgage - The Peak at Vinings Mountain 13,109,000
Loss on early extinguishment debt - The Peak at Vinings Mountain 515,000
Total capitalized loan costs - new mortgage - The Peak at Vinings Mountain $ 201,000