CONSOLIDATED BALANCE SHEETS (Going Concern Basis, USD $)	Dec. 31, 2010
Assets
Real estate (Note 4)	$ 15,694,660
Less: accumulated depreciation	1,637,924
Net real estate	14,056,736
Mortgage portfolio held for sale (Note 5)	2,074,994
Net mortgage portfolio (Note 5)	41,955
Investment in joint venture (Note 6)	1,762,225
Assets related to discontinued operations (Note 7)	686,401
Prepaid expenses and deposits in escrow	956,627
Other receivables (net of valuation allowance of $272,137)	342,344
Cash and cash equivalents	761,106
Securities available for sale (Note 8)	2,839,480
Other assets	416,397
Total Assets	23,938,265
Liabilities and Equity
Mortgage debt (of which $372,984 is due within one year)	14,578,454
Liabilities related to discontinued operations (Note 7)	15,237
Contractual pension and postretirement benefits liabilities	344,479
Defined benefit plan liability	2,851,665
Accrued liabilities	3,528,563
Accounts payable	302,061
Other liabilities	360,357
Total Liabilities	21,980,816
Presidential Stockholders' Equity:
Additional paid-in capital	4,683,708
Retained earnings	4,619,254
Accumulated other comprehensive loss (Note 11)	(4,008,593)
Treasury stock (at cost)	(3,129,388)
Total Presidential stockholders' equity	2,565,930
Noncontrolling interest (Note 9)	(608,481)
Total Equity	1,957,449
Total Liabilities and Equity	23,938,265
Common Class A
Presidential Stockholders' Equity:
Common stock value	47,894
Common Class B
Presidential Stockholders' Equity:
Common stock value	$ 353,055