SEGMENT REPORTING (Details) (USD $)	3 Months Ended
	Mar. 31, 2013 item	Mar. 31, 2012	Dec. 31, 2012
Segment reporting
Number of reportable segments	3
Summary of the operating results of the entity's reportable segments
Rental operations	$ 176,439	$ 188,711
Other operating income	35,637	39,091
Total operating revenues	212,076	227,802
Operating expenses	577,415	466,097
Depreciation and amortization expense	45,243	64,284
Total operating expenses	622,658	530,381
Other (expense) income	879,517	(353,222)
INCOME (LOSS) FROM CONTINUING OPERATIONS	468,935	(655,801)
Consolidated loss from discontinued operations (Note 3)	(22,290)	(69,115)
NET INCOME (LOSS)	446,645	(724,916)
Consolidated net (loss) income attributable to noncontrolling interest	69,051	(125,120)
NET INCOME (LOSS) AVAILABLE TO COMMON SHAREHOLDERS	377,594	(599,796)
Total assets	35,938,691	51,336,535	42,440,028
Retail/ Office
Segment reporting
Number of office buildings owned	1
Summary of the operating results of the entity's reportable segments
Rental operations	172,852	185,542
Other operating income	35,624	39,086
Total operating revenues	208,476	224,628
Operating expenses	53,203	57,116
Depreciation and amortization expense	45,150	64,284
Total operating expenses	98,353	121,400
Other (expense) income	(163,885)	(127,317)
INCOME (LOSS) FROM CONTINUING OPERATIONS	(53,762)	(24,089)
Consolidated loss from discontinued operations (Note 3)	(22,290)	(69,115)
NET INCOME (LOSS)	(76,052)	(93,204)
Consolidated net (loss) income attributable to noncontrolling interest	(11,758)	(16,087)
NET INCOME (LOSS) AVAILABLE TO COMMON SHAREHOLDERS	(64,294)	(77,117)
Total assets	11,207,030	13,565,698
Land
Summary of the operating results of the entity's reportable segments
Rental operations	3,587	3,169
Total operating revenues	3,587	3,169
Operating expenses	88,547	45,782
Total operating expenses	88,547	45,782
Other (expense) income	1,043,249	(227,075)
INCOME (LOSS) FROM CONTINUING OPERATIONS	958,289	(269,688)
NET INCOME (LOSS)	958,289	(269,688)
Consolidated net (loss) income attributable to noncontrolling interest	148,152	(46,548)
NET INCOME (LOSS) AVAILABLE TO COMMON SHAREHOLDERS	810,137	(223,140)
Total assets	23,947,749	35,273,531
Corporate
Summary of the operating results of the entity's reportable segments
Other operating income	13	5
Total operating revenues	13	5
Operating expenses	435,665	363,199
Depreciation and amortization expense	93
Total operating expenses	435,758	363,199
Other (expense) income	153	1,170
INCOME (LOSS) FROM CONTINUING OPERATIONS	(435,592)	(362,024)
NET INCOME (LOSS)	(435,592)	(362,024)
Consolidated net (loss) income attributable to noncontrolling interest	(67,343)	(62,485)
NET INCOME (LOSS) AVAILABLE TO COMMON SHAREHOLDERS	(368,249)	(299,539)
Total assets	$ 783,912	$ 2,497,306
Land in various phases of development and construction
Segment reporting
Number of tracts of land	2
Area of land (in acres)	60
Land in various phases of development and construction | Land
Segment reporting
Number of tracts of land	2
Area of land (in acres)	60
Land held for sale
Segment reporting
Number of tracts of land	3
Area of land (in acres)	22
Land held for sale | Northridge property
Segment reporting
Area of land (in acres)	11
Land held for sale | Land
Segment reporting
Number of tracts of land	3
Area of land (in acres)	22