Commitments, Contingencies and Related parties (Details Textual) (USD $)	0 Months Ended	1 Months Ended	3 Months Ended		9 Months Ended		12 Months Ended
	Apr. 04, 2012	Nov. 08, 2011	Sep. 30, 2012	Sep. 30, 2011	Sep. 30, 2012	Sep. 30, 2011	Dec. 31, 2011	Dec. 22, 2011
Property Management Fee, Percent Fee		1.50%
Finance Fee Percentage		1.00%
Disposition Fee Percentage		1.00%
Operating Leases, Rent Expense, Sublease Rentals					$ 433		$ 5,200
Operating Leases, Rent Expense			1,300	3,900	1,300
Accrued Interest Taxes and Penalties								7,700,000
Equity Method Investment, Ownership Percentage								50.00%
Loss Contingency, Estimate of Possible Loss	19,512,591
Mortgage Loans on Real Estate, Carrying Amount of Mortgages	14,484,138
Mortgage Loans On Real Estate Late Charges	48,371
Mortgage Loans On Real Estate Deferred Interest	1,424,691
Mortgage Loans On Real Estate Liquidation Damages	1,750,000
Interest Payable	1,119,406
Interest paid in cash	685,985				9,333	268,467
Cost Of Repair Of Property					1,100,000
Management Fee Amount Paid			6,416		24,144
Asset Management Fees			$ 10,291		$ 34,953
Percentage Of Rental Expense Paid As Compensation			5.00%
PDL Inc [Member]
Liability To Be Allocated					1.00%
Parent Company [Member]
Liability To Be Allocated					45.00%
Lester Cohen [Member]
Liability To Be Allocated					9.00%
F.D. Rich Company of Puerto Rico, Inc.
Liability To Be Allocated					45.00%