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COMMITMENTS, CONTINGENCIES, AND LIQUIDITY (Details Narrative 1) - Dynex Capital, Inc. [Member]
$ in Thousands
 1 Months Ended
Jul. 20, 2015
USD ($)
Description of plaintiff ART and TCI
Description of defendant Dynex Capital Inc.
Description of action taken by court

On July 20, 2015, the 68th Judicial District Court in Dallas County, Texas issued its Final Judgment in Cause No. DC-03-00675, styled Basic Capital Management, Inc., American Realty Trust, Inc., Transcontinental Realty Investors, Inc., Continental Poydras Corp., Continental Common, Inc. and Continental Baronne, Inc. v. Dynex Commercial, Inc.
Unfunded loan commitment $ 160,000
Damages - awarded amount 256
Damages - pre-judgement interest 192
Damages - total 448
Awarded attorney fees $ 1,600
Post-judgment interest rate 5.00%
Transcontinential Realty Investors [Member]  
Damages - awarded amount $ 11,100
Damages - pre-judgement interest 8,400
Damages - total 19,500
American Reality Trust, Inc. [Member]  
Damages - awarded amount 14,200
Damages - pre-judgement interest 10,600
Damages - total $ 24,800