CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)	12 Months Ended
	Dec. 31, 2013		Dec. 31, 2012
Revenues:
Rental	$ 842,262		$ 769,944
Interest on mortgages - notes receivable	4,616		9,603
Total	846,878		779,547
Costs and Expenses:
General and administrative	1,392,437		1,021,741
Stock based compensation	200		103,267
Rental property:
Operating expenses	549,385		509,226
Interest and fees on mortgage debt	32,040		13,628
Real estate taxes	35,413		44,867
Depreciation on real estate	49,683		50,211
Amortization and mortgage costs	5,678		2,839
Total	2,064,836		1,745,779
Other Income:
Investment income	85,018		7,440
Loss from continuing operations	(1,132,940)		(958,792)
Discontinued Operations (Note 4):
Loss from discontinued operations	(1,101,907)		(1,373,924)
Net gain from foreclosure of discontinued operations	4,705,968	[1]	0
Net income (loss) from discontinued operations	3,604,061	[1]	(1,373,924)
Net income (loss)	2,471,121		(2,332,716)
Net (income) loss from non-controlling interest	(1,441,624)		581,766
Net income (loss) attributable to Presidential	$ 1,029,497		$ (1,750,950)
Earnings per Common Share attributable to Presidential basic :
Loss from continuing operations (in dollars per share)	$ (0.31)		$ (0.26)
Discontinued Operations:
Loss from discontinued operations (in dollars per share)	$ (0.18)		$ (0.22)
Net gain from foreclosure of discontinued operations (in dollars per share)	$ 0.77		$ 0
Total earnings per share from discontinued operations (in dollars per share)	$ 0.59		$ (0.22)
Net Income (loss) per Common Share - basic (in dollars per share)	$ 0.28		$ (0.48)
Net Income (loss) per Common Share -diluted (in dollars per share)	$ 0.28		$ (0.48)
Weighted Average Number of Shares Outstanding -
basic (in shares)	3,669,844		3,657,052
diluted (in shares)	3,669,844		3,657,052

[1] All revenues and the majority of expenses were incurred through September 23, 2013, date of foreclosure. Costs of $106,463 were incurred from September 24, 2013 through December 31, 2013 in connection with closing costs associated with the foreclosure.