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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
Sep. 30, 2016
Dec. 31, 2015
Current assets:    
Cash and cash equivalents $ 706,698 $ 548,514
Prepaid expenses 15,873 14,887
Total current assets 722,571 563,401
Property held for sale 0 400,000
Other assets 170 170
Total assets 722,741 963,571
Current liabilities:    
Accounts payable and accrued expenses 17,254 29,139
Accrued professional fees 0 7,401
Accrued compensation and related liabilities 0 15,510
Short-term notes payable to related party 3,063,424 0
Short-term accrued interest payable to related party 57,702 0
Total current liabilities 3,138,380 52,050
Note payable to related party 0 3,063,424
Note payable to related party related to property held for sale 0 916,183
Long-term accrued interest payable to related party 0 273
Total liabilities 3,138,380 4,031,930
Commitments and contingencies
Stockholders' deficiency:    
Preferred stock, $0.001 par value per share. 25,000,000 shares authorized, and 2,170 shares issued and outstanding at September 30, 2016 and December 31, 2015. 2,170,000 2,170,000
Additional paid-in capital 35,981,387 35,981,387
Accumulated deficit (41,170,624) (41,823,344)
Treasury stock, at cost. 84,850 Class A shares at September 30, 2016 and December 31, 2015. (49,460) (49,460)
Total stockholders' deficiency (2,415,639) (3,068,359)
Total liabilities and stockholders' deficiency 722,741 963,571
Class A Common Stock [Member]    
Stockholders' deficiency:    
Common stock 652,808 652,808
Class B Common Stock [Member]    
Stockholders' deficiency:    
Common stock $ 250 $ 250