CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)	12 Months Ended
	Dec. 31, 2011	Dec. 31, 2010
Revenues:
Real estate sales (Note 2)	$ 16,000	$ 0
Interest income-related party (Note 2)	40,000	45,000
Other income	0	1,000
Total Revenues	56,000	46,000
Cost and expenses:
Cost of real estate sales	1,000	0
Interest	1,219,000	1,190,000
Interest-related party	4,198,000	3,664,000
Taxes and assessments	9,000	11,000
Consulting and accounting - related party	40,000	40,000
Legal and professional	9,000	13,000
General and administrative	63,000	58,000
Total costs and expenses	5,539,000	4,976,000
Net Loss	$ (5,483,000)	$ (4,930,000)
Loss Per Share Available to Common Stockholders - Basic and Diluted (Note 16) (in dollars per share)	$ (1.15)	$ (1.05)