CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)	9 Months Ended
	Sep. 30, 2013	Sep. 30, 2012
Cash flows from operating activities
Net Income (loss)	$ 3,105	$ (1,110)
Adjustments to reconcile net income (loss) applicable to common shares to net cash flow from operating activities:
Gain on sale of land	(563)	(6,615)
Gain on sale of income-producing properties	(25,429)	(8,840)
Depreciation and amortization	16,120	16,735
Provision for impairment of notes receivable and real estate assets	1,926	0
Amortization of deferred borrowing costs	3,705	2,360
Earnings from unconsolidated investees	(256)	(284)
Decrease (Increase) in assets
Accrued interest receivable	(3,260)	(2,889)
Other assets	(17)	(1,680)
Prepaid expense	(1,937)	(182)
Escrow	6,074	2,858
Earnest money	1,545	235
Rent receivables	(676)	444
Related party receivable	0	(1,063)
Decrease in liabilities:
Accrued interest payable	(1,752)	(5,702)
Related party payables	(2,492)	(10,294)
Other liabilities.	(9,027)	(15,603)
Net cash used in operating activities	(12,934)	(31,630)
Cash Flow From Investing Activities:
Proceeds from notes receivables	2,855	16,055
Origination of notes receivable	(38)	(10,266)
Acquisition of land held for development	(7)	(8,503)
Proceeds from sale of income-producing properties	73,621	41,787
Proceeds from sale of land	3,664	41,041
Proceeds from sale of investments	0	132
Investment in unconsolidated real estate entities	(1,911)	3,109
Improvement of land held for development	(373)	(190)
Improvement of income-producing properties	(6,396)	(2,481)
Acquisition of non-controlling interest	(77)	(357)
Sale of non-controlling interest	0	(1,468)
Sale of controlling interest	50	1,147
Construction and development of new properties	(327)	(4,771)
Net cash provided by investing activities	71,061	75,235
Cash Flow From Financing Activities:
Proceeds from notes payable	142,802	139,604
Recurring amortization of principal on notes payable	(13,401)	(18,944)
Payments on maturing notes payable	(191,291)	(172,225)
Stock-secured borrowings and margin debt	(411)	0
Deferred financing costs	(1,524)	(3,521)
Distributions to non-controlling interests	(179)	(255)
Preferred stock dividends - Series A	(1,839)	(1,839)
Net cash used in financing activities	(65,843)	(57,180)
Net decrease in cash and cash equivalents	(7,716)	(13,575)
Cash and cash equivalents, beginning of period	17,141	20,312
Cash and cash equivalents, end of period	9,425	6,737
Supplemental disclosures of cash flow information:
Cash paid for interest	22,659	32,480
Schedule of noncash investing and financing activities:
Notes receivable received from related party	$ 0	$ 9,279