CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)	3 Months Ended	6 Months Ended
Jun. 30, 2011	Jun. 30, 2010	Jun. 30, 2011	Jun. 30, 2010
Rental and other property revenues (including $77 and $65 for the three months ended, $153 and $126 for the six months ended 2011 and 2010 respectively from affiliates and related parties)	$ 77	$ 65	$ 159	$ 126
Property operating expenses (including $2 and $0 for the three months ended, $4 and $0 for the six months ended 2011 and 2010 respectively from affiliates and related parties)	(11)	35	46	87
General and administrative (including $61 and $53 for the three months ended, $116 and $62 for the six months ended 2011 and 2010 respectively from affiliates and related parties)	181	123	278	179
Provision on impairment of real estate assets	1,474	0	1,474	0
Advisory fee to affiliates	211	216	431	434
Total operating expenses	1,855	374	2,229	700
Operating loss	(1,778)	(309)	(2,070)	(574)
Interest income from related party notes receivable	723	621	1,017	1,330
Mortgage and loan interest	(420)	(330)	(729)	(663)
Earnings from unconsolidated subsidiaries and investees	(50)	0	(50)	(3)
Total other income (expenses)	253	291	238	670
Income (loss) before gain on land sales, non-controlling interest, and taxes	(1,525)	(18)	(1,832)	96
Income (loss) from continuing operations before tax	(1,525)	(18)	(1,832)	96
Income tax benefit		0		48
Net income (loss)	$ (1,525)	$ (18)	$ (1,832)	$ 144
Income (Loss) from Continuing Operations, Per Basic Share	$ (0.37)	$ 0.00	$ (0.44)	$ 0.03
Earnings per share - basic -Net income (loss) applicable to common shares	$ (0.37)	$ 0.00	$ (0.44)	$ 0.03
Earnings per share - diluted - Income (loss) from continuing operations	$ (0.37)	$ 0.00	$ (0.44)	$ 0.03
Earnings per share - diluted - Net income (loss) applicable to common shares	$ (0.37)	$ 0.00	$ (0.44)	$ 0.03
Weighted average common share used in computing earnings per share	4,168,214	4,168,214	4,168,214	4,168,214
Weighted average common share used in computing diluted earnings per share	4,168,214	4,168,214	4,168,214	4,168,214

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