CONDENSED CONSOLIDATED STATEMENTS OF FINANCIAL POSITION (Unaudited) - USD ($) $ in Thousands	Sep. 30, 2016	Dec. 31, 2015
ASSETS
Cash	$ 1,030	$ 1
Restricted cash	0	5
Receivables-related party	0	178
Land inventories	14	639
Other assets	43	44
Total Assets	1,087	867
LIABILITIES
Accounts payable and accrued expenses	199	202
Accrued real estate taxes	4	8
Accrued interest:
Primary lender-related party	0	450
Subordinated convertible debentures payable	23,425	22,484
Accrued Interest Debentures-Related Party	52,915	54,558
Notes payable	3,130	3,081
Credit agreements:
Primary lender-related party	0	500
Notes payable	1,198	1,198
Subordinated Convertible Debentures Payable	8,472	8,472
Convertible Debt Related Party	0	1,500
Liabilities Total	89,343	92,453
STOCKHOLDERS' DEFICIENCY
Preferred stock, par value $1.00 per share; authorized 5,000,000 shares; 2,000,000 Class A cumulative convertible shares issued and outstanding; (liquidation preference of $8,000 plus unpaid cumulative dividends of $13,715)	2,000	2,000
Common stock, par value $.10 per share; authorized 25,000,000 shares; 5,317,758 shares issued and outstanding	532	532
Paid-in capital	13,498	13,498
Accumulated deficit	(104,286)	(107,616)
Total stockholders' deficiency	(88,256)	(91,586)
Total liabilities and stockholders' deficiency	$ 1,087	$ 867