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CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Revenues:      
Rental and other property revenues. $ 0 $ 0 $ 0
Expenses:      
Property operating expenses (including $51, $61 and $8 for the year ended 2013, 2012 and 2011 respectively, from related parties) 87 67 38
General and administrative (including $234, $155and $206 for the year ended 2013, 2012 and 2011 respectively, from related parties) 734 334 446
Net income fee to related party 695 180 54
Advisory fee to related party 830 815 850
Total operating expenses 2,346 1,396 1,388
Net operating loss (2,346) (1,396) (1,388)
Other income (expenses):      
Interest income from related parties 7,129 5,183 4,447
Other income 5,804 0 0
Mortgage and loan interest (1,160) (1,284) (1,211)
Loan Charges (830) 0 0
Earnings from unconsolidated subsidiaries and investees,,' 0 37 52
Total other income 10,943 3,862 3,184
Income before gain on land sales, non-controlling interest, and taxes 8,597 2,466 1,796
Income from continuing operations before tax 8,597 2,466 1,796
Income tax expense (3,063) (876) (815)
Net income from continuing operations. 5,534 1,590 981
Discontinued operations:      
Loss from discontinued operations., (24) (106) (1,427)
Gain on the sale of real estate from discontinued operations 0 0 947
Income tax benefit from discontinued operations. 8 37 168
Net income (loss) from discontinued operations. (16) (69) (312)
Net income.' 5,518 1,521 669
Earnings per share - basic      
Net income from continuing operations., 1.33 0.38 0.24
Net loss from discontinued operations., 0.00 (0.02) (0.08)
Net income applicable to common shares., 1.33 0.36 0.16
Earnings per share - diluted      
Net income from continuing operations,, 1.33 0.38 0.24
Net loss from discontinued operations,, $ 0.00 $ (0.02) $ (0.08)
Net income applicable to common shares,, $ 1.33 $ 0.36 $ 0.16
Weighted average common shares used in computing earnings per share 4,168,214 4,168,214 4,168,214
Weighted average common shares used in computing diluted earnings per share 4,168,214 4,168,214 4,168,214