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COMMITMENTS, CONTINGENCIES, AND LIQUIDITY (Details Narrative)
$ in Thousands
1 Months Ended
Jul. 20, 2015
USD ($)
Dec. 31, 2013
USD ($)
Oct. 31, 2011
USD ($)
Mar. 31, 2017
USD ($)
a
Dec. 13, 2013
ft²
Jan. 31, 2012
USD ($)
Dec. 17, 2007
USD ($)
Area of land | a       3,664      
UHF Debt Guarantee [Member]              
Loan guarantee amount       $ 60,400      
LK-Four Hickory Debt Guarantee [Member]              
Loan guarantee amount       $ 20,000     $ 28,000
ART and ART Midwest, Inc. [Member]              
Damages sought value     $ 74,000        
Actual damages sought value     26,000        
Interest damages sought value     $ 48,000        
Description of plaintiff    

Mr. David Clapper and entities related to Mr. Clapper (collectively, the “Clapper Parties”)

       
Description of defendant    

A formerly owned entity (American Realty Trust, Inc.) and its former subsidiary (ART Midwest, Inc.)

       
Description of allegation    

The matter originally involved a transaction in 1998 in which ART Midwest, Inc. was to acquire eight residential apartment complexes from the Clapper Parties.

       
Notes receivable from the sale of ART           $ 10,000  
Port Olpentiz [Member]              
Description of plaintiff   ARL          
Description of defendant  

The lawsuits are against: 1) the former German partner and his company, and 2) against the law firm in Hamburg originally hired to protect ARL’s investment in the project

         
Description of allegation  

Disputes with the local partner related to his mismanagement of the project resulted in his being replaced as the managing partner which was followed by a filing for bankruptcy protection in Germany to completely remove him from the project. An insolvency manager was placed in control of the project in order to protect the creditors and as of December 31, 2013, had sold the vast majority of assets (almost all land) of the project. The Company no longer has any financial responsibility for the obligations of the creditors related to the project and has claims filed for loans relating to our investment in the project.

         
Domicile of litigation  

Germany

         
Area of land | ft²         420    
Write-off of loans   $ 5,300          
Dynex Capital, Inc. [Member]              
Description of plaintiff

Basic Capital Management, Inc., American Realty Trust, Inc., Transcontinental Realty Investors, Inc., Continental Poydras Corp., Continental Common, Inc. and Continental Baronne, Inc

           
Description of defendant

Dynex Commercial, Inc.

           
Domicile of litigation

68th Judicial District Court in Dallas County, Texas

           
Description of action taken by court

On July 20, 2015, the 68th Judicial District Court in Dallas County, Texas issued its Final Judgment in Cause No. DC-03-00675, styled Basic Capital Management, Inc., American Realty Trust, Inc., Transcontinental Realty Investors, Inc., Continental Poydras Corp., Continental Common, Inc. and Continental Baronne, Inc. v. Dynex Commercial, Inc.

           
Unfunded loan commitment $ 160,000            
Damages - awarded amount 256            
Damages - pre-judgement interest 192            
Damages - total 448            
Awarded attorney fees $ 1,600            
Post-judgment interest rate 5.00%            
Dynex Capital, Inc. [Member] | American Reality Trust, Inc. [Member]              
Damages - awarded amount $ 14,200            
Damages - pre-judgement interest 10,600            
Damages - total 24,800            
Dynex Capital, Inc. [Member] | Transcontinential Realty Investors [Member]              
Damages - awarded amount 11,100            
Damages - pre-judgement interest 8,400            
Damages - total $ 19,500