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Consolidated Statements Of Operations - USD ($)
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Revenues:        
Rental $ 1,017,613 $ 1,022,724 $ 970,779 $ 910,658
Total Revenue 1,017,613 1,022,724 970,779 910,658
Costs and Expenses:        
General and administrative 213,540 183,408 232,337 347,487
Rental property:        
Operating expenses 600,335 610,115 583,561 606,116
Interest expense and amortization of mortgage costs 112,739 115,293 117,431 119,277
Real estate taxes 44,671 42,817 43,136 41,948
Depreciation on real estate 54,240 49,320 47,190 45,719
Total Costs and Expenses 1,025,525 1,000,953 1,023,655 1,160,547
Other Income:        
Other income 40,000    
Other income less expenses     500,000
Unrealized loss   (82,975) (4,255,383) 116,331
Investment income 31 85 83 926
Net (loss) income (7,881) (21,119) (4,308,176) 367,368
Net (income) from non-controlling interest     (54,874)
Net (loss) income attributable to Presidential $ (7,881) $ (21,119) $ (4,308,176) $ 312,494
Net (loss) income per Common Share attributable to Presidential - basic (in Dollars per share)     $ (0.83) $ 0.06
Net (loss) income per Common share attributable to Presidential - diluted (in Dollars per share)     $ (0.83) $ 0.05
Net loss per Common Share - basic (in Dollars per share) $ 0.00 $ 0.00    
Net loss per Common Share - diluted (in Dollars per share) $ 0.00 $ 0.00    
Weighted Average Number of Shares Outstanding        
basic (in Shares) 5,188,718 5,188,718 5,188,680 5,171,420
diluted (in Shares) 5,188,718 5,188,718 5,188,680 5,710,872