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CONSOLIDATED STATEMEMENTS OF FINANCIAL POSITION - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
ASSETS    
Cash $ 7 $ 58
Land Inventory (Note 4) 0 10
Total Assets 7 68
LIABILITIES    
Accounts payable and accrued expenses (Note 5) 7 157
Accrued real estate taxes (Note 5) 0 5
Accrued Interest:    
Subordianated convertible debentures (Note 7) 0 29,512
Convertible debentures-related party (Note 8) 0 52,740
Notes Payable (Note 6) 0 3,512
Credit Agreements:    
Notes Payable (Note 6) 0 1,198
Subordinated convertible debentures payable (Note 7) 0 8,025
Total Liabilities 7 95,149
Commitments and Contingencies (Note 12) 0 0
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 $8,000,000 and cumulative dividends) (Note 10) 2,000 2,000
Common stock, par value $0.10 per share; authorized 25,000,000 shares; 5,317,758 shares issued and outstanding (Note 10) 532 532
Paid-in capital 13,498 13,498
Accumulated deficit (16,030) (111,111)
Stockholders' Equity 0 (95,081)
Liabilities And Stockholders Equity $ 7 $ 68