DESCRIPTION OF BUSINESS

6 Months Ended

Jun. 30, 2011

Accounting Policies [Abstract]

Business Description [Text Block]

1. DESCRIPTION OF BUSINESS

Presidential Realty Corporation (“Presidential” or the “Company”), is operated as a self-administrated, self-managed Real Estate Investment Trust (“REIT”). The Company is engaged principally in the ownership of income producing real estate and in the holding of notes and mortgages secured by real estate or interests in real estate. Presidential operates in a single business segment, investments in real estate related assets.