ACCUMULATED OTHER COMPREHENSIVE LOSS

6 Months Ended

Jun. 30, 2011

Stockholders' Equity Note [Abstract]

Comprehensive Income Note [Text Block]

11. ACCUMULATED OTHER COMPREHENSIVE LOSS

Prior to the adoption of the liquidation basis of accounting, the components of accumulated other comprehensive loss were as follows:

	December 31,
	2010
Defined benefit plan liability	$	(4,439,735	)
Contractual postretirement benefits liability		408,086
Minimum contractual pension benefit liability		40,650
Net unrealized loss on securities available for sale		(17,594	)
Total accumulated other comprehensive loss	$	(4,008,593	)

The Company’s other comprehensive income (loss) consists of the changes in the net unrealized gain (loss) on securities available for sale and the adjustments to the pension liabilities and the postretirement benefits liability, if any.  Thus, comprehensive income (loss), which consisted of net income (loss) plus or minus other comprehensive income, was as follows:

	Three Months Ended			Six Months Ended
	June 30,			June 30,
	2010			2010
Net loss	$	(522,635	)	$	(1,462,545	)
Other comprehensive income (loss)-
Net unrealized gain on securities available for sale		13,928			30,288
Adjustment for contractual postretirement benefits		(7,817	)		(15,633	)
Comprehensive loss		(516,524	)		(1,447,890	)
Comprehensive loss attributable to noncontrolling interest		71,677			118,853
Comprehensive loss attributable to Presidential Realty Corporation	$	(444,847	)	$	(1,329,037	)