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Other Assets (Tables)
 3 Months Ended
Mar. 31, 2013
Other Assets [Abstract]  
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]
The following is a summary of the taxable property loans receivable, accrued interest and allowance on the amounts due at March 31, 2013 and December 31, 2012, respectively:
 
 
March 31, 2013
 
 
Outstanding Balance
 
Accrued Interest
 
Loan Loss Reserves
 
Net Taxable Loans
Arbors at Hickory Ridge
 
$
191,264

 
$
3,697

 
$
—

 
$
194,961

Ashley Square
 
4,894,342

 
1,777,022

 
(5,373,364
)
 
1,298,000

Cross Creek
 
6,653,087

 
1,638,905

 
(4,843,377
)
 
3,448,615

Iona Lakes
 
7,965,344

 
3,030,363

 
(7,031,985
)
 
3,963,722

Ohio Properties
 
2,361,446

 
105,271

 
(105,271
)
 
2,361,446

Woodland Park
 
914,116

 
338,948

 
(1,253,064
)
 
—

 
 
$
22,979,599

 
$
6,894,206

 
$
(18,607,061
)
 
$
11,266,744

 
 
 
 
 
 
 
 
 
 
 
December 31, 2012
 
 
Outstanding Balance
 
Accrued Interest
 
Loan Loss Reserves
 
Net Taxable Loans
Arbors at Hickory Ridge
 
$
191,264

 
$
697

 
$
—

 
$
191,961

Ashley Square
 
4,894,342

 
1,681,322

 
(5,277,664
)
 
1,298,000

Cross Creek
 
6,588,087

 
1,578,288

 
(4,782,760
)
 
3,383,615

Iona Lakes
 
7,741,118

 
2,856,290

 
(6,857,912
)
 
3,739,496

Woodland Park
 
914,116

 
302,450

 
(1,216,566
)
 
—

 
 
$
20,328,927

 
$
6,419,047

 
$
(18,134,902
)
 
$
8,613,072
Schedule of Other Assets [Table Text Block]
The Company had the following Other assets as of dates shown:
 
 
March 31, 2013
 
December 31, 2012
Taxable property loans receivable
 
$
22,979,599

 
$
20,328,927

Less: Loan loss reserves
 
(18,607,061
)
 
(18,134,902
)
Deferred financing costs - net
 
2,750,409

 
2,764,734

Fair value of derivative contracts
 
274,071

 
378,729

Taxable bonds at fair market value
 
2,364,982

 
1,524,873

Other assets
 
1,242,379

 
1,353,934

 Total Other assets
 
$
11,004,379

 
$
8,216,295
Schedule of Credit Losses for Financing Receivables, Current [Table Text Block]
The following is a detail of loan loss reserves for the three months and year ended March 31, 2013 and December 31, 2012:
 
 
March 31, 2013
 
December 31, 2012
Balance, beginning of year
 
$
18,134,902

 
$
16,782,918

Accrued interest not recognized
 
472,159

 
1,351,984

Balance, end of year
 
$
18,607,061

 
$
18,134,902