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CONSOLIDATED BALANCE SHEETS (unaudited) (USD $)
Mar. 31, 2013
Dec. 31, 2012
Assets    
Real estate, at cost $ 948,504 $ 978,781
Real estate held for sale at cost, net of depreciation ($11,164 for 2013 and $4,658 for 2012) 20,237 18,077
Real estate subject to sales contracts at cost, net of depreciation ($16,688 for 2013 and $16,412 for 2012) 42,874 45,706
Less accumulated depreciation (139,345)  
Total real estate 872,270 896,950
Performing (including $55,937 in 2013 and $58,007 in 2012 from related parties) 58,750 60,637
Non-performing 737 723
Less allowance for estimated losses (including $2,097 in 2013 and 2012 from related parties) (2,262) (2,262)
Total notes and interest receivable 57,225 59,098
Cash and cash equivalents 7,836 16,620
Related party receivables 2,279 0
Investments in unconsolidated subsidiaries and investees 5,415 5,439
Other assets 54,586 67,237
Total assets 999,611 1,045,344
Liabilities:    
Notes and interest payable 712,855 730,931
Notes related to assets held for sale 18,183 18,915
Notes related to subject to sales contracts 53,838 55,976
Stock-secured notes payable 2,212 2,221
Related party payables 0 10,057
Deferred gain (from sales to related parties) 53,096 53,096
Accounts payable and other liabilities (including $4,261 in 2013 and $4,282 in 2012 to related parties) 29,570 41,019
Total liabilities 869,754 912,215
Shareholders' equity:    
Preferred stock, Series C: $.01 par value, authorized 10,000,000 shares, issued and outstanding 30,000 shares in 2013 and 2012 respectively (liquidation preference $100 per share) Series D: $.01 par value, authorized, issued and outstanding 100,000 shares in 2013 and 2012 respectively 1 1
Common stock, $.01 par value, authorized 10,000,000 shares; issued 8,413,669 shares in 2013 and 2012, and outstanding 8,413,469 shares in 2013 and 2012 84 84
Treasury stock at cost; 200 shares in 2013 and 2012 (2) (2)
Paid-in capital 272,500 272,774
Retained earnings (159,668) (156,559)
Total Transcontinental Realty Investors, Inc. shareholders' equity 112,915 116,298
Non-controlling interest 16,942 16,831
Total equity 129,857 133,129
Total liabilities and equity $ 999,611 $ 1,045,344