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COMMITMENTS, CONTINGENCIES, AND LIQUIDITY (Details Narrative) - USD ($)
$ in Thousands
 1 Months Ended 9 Months Ended
Jul. 20, 2015
Sep. 30, 2016
Related Parties [Member] | Mezzanine Financing [Member]    
Guarantor - notes payable   $ 60,350
Dynex Capital, Inc. [Member]    
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.

  
Damages - awarded amount $ 256  
Damages - pre-judgement interest 192  
Damages - total 448  
Awarded attorney fees $ 1,600  
Post-judgment interest rate 5.00%  
Dynex Capital, Inc. [Member] | Transcontinential Realty Investors [Member]    
Damages - awarded amount $ 11,100  
Damages - pre-judgement interest 8,400  
Damages - total 19,500  
Dynex Capital, Inc. [Member] | American Reality Trust, Inc. [Member]    
Damages - awarded amount 14,200  
Damages - pre-judgement interest 10,600  
Damages - total $ 24,800  
Pending Litigation [Member]    
Description of allegation  

The Company is involved in and vigorously defending against, a number of deficiency claims with respect to assets that have been foreclosed by various lenders.
Maximum loss exposure   $ 20,000