CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
Revenues:
Rental	$ 219,264	$ 212,916
Interest on mortgages - notes receivable	393	1,189
Total	219,657	214,105
Costs and Expenses:
General and administrative	248,511	272,670
Stock based compensation	123,000	0
Rental property:
Operating expenses	151,539	127,000
Interest and fees on mortgage debt	10,178	5,466
Real estate taxes	7,198	9,471
Depreciation on real estate	12,518	12,398
Amortization of mortgage costs	1,419	0
Total	554,363	427,005
Other Income (Loss):
Investment income	69,804	805
Loss from continuing operations	(264,902)	(212,095)
Discontinued Operations (Note 4):
Loss from discontinued operations	0	(329,920)
Net income (loss) from discontinued operations	0	(329,920)
Net loss	(264,902)	(542,015)
Net loss from non-controlling interest	0	131,968
Net loss attributable to Presidential	$ (264,902)	$ (410,047)
Earnings per Common Share attributable to Presidential basic and diluted :
Loss from continuing operations (in dollars per share)	$ (0.06)	$ (0.06)
Discontinued Operations:
Loss from discontinued operations (in dollars per share)	$ 0	$ (0.09)
Total earnings per share from discontinued operations (in dollars per share)	$ 0	$ (0.09)
Net loss per Common Share - basic and diluted (in dollars per share)	$ (0.06)	$ (0.15)
Weighted Average Number of Shares Outstanding -
Basic & Diluted (in shares)	4,193,013	3,669,680