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CONSOLIDATED BALANCE SHEETS (USD $)
Dec. 31, 2013
Dec. 31, 2012
Assets    
Real estate (Note 2) $ 1,116,815 $ 1,111,534
Less: accumulated depreciation 514,699 465,016
Net real estate 602,116 646,518
Net mortgage portfolio 2,024 14,654
Prepaid expenses 184,500 253,330
Other receivables (net of valuation allowance of $5,485 in 2013 and $7,506 in 2012 ) 18,394 31,825
Cash 477,077 852,674
Assets related to discontinued operations 45,793 14,198,806
Other assets 94,420 11,988
Total Assets 1,424,324 16,009,795
Liabilities:    
Liabilities related to discontinued operations 48,368 17,843,489
Mortgage payable 465,309 488,748
Line of credit 500,000 0
Accrued liabilities 588,467 337,827
Accounts payable 0 7,559
Other liabilities 652,502 633,815
Total Liabilities 2,254,646 19,311,438
Presidential Stockholders' Deficit:    
Additional paid-in capital 2,374,981 5,254,135
Accumulated deficit (2,688,364) (3,717,861)
Treasury stock (at cost) 0 (2,879,354)
Total Presidential stockholders' deficit (313,340) (1,343,037)
Non-controlling interest (516,982) (1,958,606)
Total Deficit (830,322) (3,301,643)
Total Liabilities and Stockholders' Deficit 1,424,324 16,009,795
Common Class A [Member]
   
Presidential Stockholders' Deficit:    
Common stock: par value $.00001 per share 5 5
Common Class B [Member]
   
Presidential Stockholders' Deficit:    
Common stock: par value $.00001 per share $ 38 $ 38