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COMMITMENTS AND CONTINGENCIES AND LIQUIDITY AS FOLLOWS (Details) (USD $)
Feb. 28, 2013
Jan. 31, 2012
Dec. 31, 2011
Oct. 31, 2011
Dec. 17, 2007
COMMITMENTS AND CONTINGENCIES AND LIQUIDITY AS FOLLOWS:          
Notes payable for LK Four Hickory, LLC         $ 28,000,000
Notes payable current outstanding balance         23,400,000
Total awarded including damages and interest awarded to the Clapper Entities       74,000,000  
Damages awarded to the clapper entities       26,000,000  
Interest awarded to the clapper entities       48,000,000  
Total assets and net worth     10,000,000    
Sold ART and subsidiaries for note   10,000,000      
Original loan commitment were to be made to the entities 160,000,000        
Damages to American Realty Trust, Inc increased costs 960,646.28        
Damages in favor of TCI and its subsidiaries 11,161,520        
TCI was entitled to damages for "lost opportunities" relating to tenant improvements and awarded $ 252,577