ACCUMULATED OTHER COMPREHENSIVE LOSS

9 Months Ended

Sep. 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			Nine Months Ended
	September 30,			September 30,
	2010			2010
Net income (loss)	$	1,011,994		$	(450,551	)
Other comprehensive income (loss)-
Net unrealized gain (loss) on securities available for sale		(2,613	)		27,675
Adjustment for contractual postretirement benefits		(7,816	)		(23,449	)
Comprehensive income (loss)		1,001,565			(446,325	)
Comprehensive loss attributable to noncontrolling interest		102,545			221,398
Comprehensive income (loss) attributable to Presidential Realty Corporation	$	1,104,110		$	(224,927	)