CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)	3 Months Ended		6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
Revenues:
Rental	$ 220,002	$ 214,757	$ 439,266	$ 427,673
Interest on mortgages - notes receivable	728	1,045	1,121	2,234
Total	220,730	215,802	440,387	429,907
Costs and Expenses:
General and administrative	269,429	345,433	517,940	616,684
Stock Based Compensation (Note 10)	0	0	123,000	0
Rental property:
Operating expenses	123,065	146,974	274,604	273,974
Interest and fees on mortgage debt	11,272	6,767	21,450	12,233
Real estate taxes	10,188	9,471	17,386	18,942
Depreciation on real estate	12,743	11,992	25,261	24,390
Amortization of mortgage costs	1,420	1,420	2,839	2,839
Total	428,117	522,057	982,480	949,062
Other Income:
Other Income (Note 8)	259,851	0	259,851	0
Investment income	17,932	1,694	87,736	2,499
Income (loss) from continuing operations	70,396	(304,561)	(194,506)	(516,656)
Discontinued Operations (Note 4):
Loss from discontinued operations	0	(349,775)	0	(679,695)
Net income (loss)	70,396	(654,336)	(194,506)	(1,196,351)
Net loss from non-controlling interest (Note 4) and (Note 6)	0	139,910	0	271,878
Net income (loss) attributable to Presidential	$ 70,396	$ (514,426)	$ (194,506)	$ (924,473)
Earnings per Common Share attributable to Presidential (basic and diluted):
Income (Loss) from continuing operations (in dollars per share)	$ 0.02	$ (0.08)	$ (0.05)	$ (0.14)
Discontinued Operations:
Loss from discontinued operations (in dollars per share)	$ 0	$ (0.10)	$ 0	$ (0.19)
Net Income (Loss) per Common Share - basic and diluted (in dollars per share)	$ 0.02	$ (0.18)	$ (0.05)	$ (0.33)
Weighted Average Number of Shares Outstanding - basic and diluted (in shares)	4,288,680	3,669,680	4,241,111	3,669,680