CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) (USD $) In Thousands, except Per Share data, unless otherwise specified	3 Months Ended		9 Months Ended
	Sep. 30, 2012	Sep. 30, 2011	Sep. 30, 2012	Sep. 30, 2011
REVENUES
Real estate sales	$ 0	$ 0	$ 0	$ 16
Interest income-related party	7	10	22	31
Total Revenues	7	10	22	47
COSTS AND EXPENSES
Cost of real estate sales	0	0	0	1
Interest	313	305	933	911
Interest-related party	1,223	1,067	3,546	3,094
Taxes and assessments	2	2	7	7
Consulting and accounting	9	10	29	30
Legal and professional	1	6	6	11
General and administrative	18	17	142	48
Total costs and expenses	1,566	1,407	4,663	4,102
NET LOSS	$ (1,559)	$ (1,397)	$ (4,641)	$ (4,055)
AVAILABLE TO COMMON STOCKHOLDERS-Basic and diluted	$ (0.32)	$ (0.29)	$ (0.96)	$ (0.85)