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CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2012
Dec. 31, 2011
Assets    
Real estate land holdings, at cost $ 24,511 $ 24,511
Total real estate 24,511 24,511
Notes and interest receivable from related parties 27,073 31,612
Less allowance for doubtful accounts (1,826) (1,826)
Total notes and interest receivable 25,247 29,786
Cash and cash equivalents 11 1
Investments in unconsolidated subsidiaries and investees, subject to sales contract 14 37
Receivable and accrued interest from related parties 58,206 52,160
Other assets 1,507 1,546
Total assets 109,496 108,041
Liabilities:    
Notes and interest payable 28,470 28,588
Deferred gain (from sales to related parties) 5,127 5,127
Accounts payable and other liabilities 193 125
Total Liabilities 33,790 33,840
Commitments and contingencies      
Shareholders equity:    
Common stock, $.01 par value, authorized 10,000,000 shares; issued 4,173,675 shares in 2012 and 2011 42 42
Treasury stock at cost, 5,461 in 2012 and 2011 (39) (39)
Paid-in capital 61,955 61,955
Retained earnings 13,748 12,243
Total shareholders equity 75,706 74,201
Total liabilities and shareholders equity $ 109,496 $ 108,041