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SUBSEQUENT EVENTS (Details Textual) (USD $)
0 Months Ended 9 Months Ended 0 Months Ended 2 Months Ended 9 Months Ended
Jul. 24, 2014
Sep. 30, 2014
Dec. 31, 2013
Jul. 24, 2014
Modified Loan Terms [Member]
Sep. 30, 2014
Rights Offering Notes [Member]
Apr. 28, 2014
Rights Offering Notes [Member]
Jul. 24, 2014
Restricted Stock [Member]
Sep. 30, 2014
New World Capital [Member]
Common Class B [Member]
Oct. 21, 2014
Subsequent Event [Member]
Oct. 21, 2014
Subsequent Event [Member]
Construction Loans [Member]
Oct. 20, 2014
Subsequent Event [Member]
Construction Loans [Member]
Jul. 24, 2014
Subsequent Event [Member]
Modified Loan Terms [Member]
Dec. 24, 2014
Subsequent Event 1 [Member]
Oct. 17, 2014
Subsequent Event 2 [Member]
Sep. 30, 2014
Project One [Member]
Oct. 20, 2014
Project One [Member]
Subsequent Event [Member]
Subsequent Event [Line Items]                                
Construction and Development Costs                   $ 11,800,000         $ 35,500,000  
Tax Increment Financing Subsidy                 3,300,000              
Debt Instrument, Interest Rate Terms                   the Construction Loan bears annual interest at the greater of three-month LIBOR plus 375 basis points or 4.25%.            
Debt Instrument, Term                   3 years            
Debt Instrument, Extension Term                   1 year            
Debt Instrument, Percentage of Extension Fee                 0.25%              
Minimum cash And cash equivalents to be maintained                               7,500,000
Limited Liability Company (LLC) or Limited Partnership (LP), Managing Member or General Partner, Ownership Interest                 93.00%              
Debt Instrument, Face Amount       45,000,000   70,000                    
Debt Instrument, Interest Rate, Stated Percentage (percentage)   3.00%     17.00%             17.00%        
Debt Instrument, Payment Terms the Company on a quarterly basis; and (5) on October 24, 2014, and no later than every 90 days thereafter until the Maturity Date, the Company is required to make payments equal to the sum of: (x) $5.0 million (which payment will be applied toward the then-outstanding principal and interest due on the Modified Loan); and (y) a fee of one percent (1)% of the then-outstanding principal balance of the Modified Loan                              
Debt Prepayment Amount       81,400,000                        
Preferred Stock, Value, Issued 26,400,000                              
Treasury Stock, Shares, Acquired (in shares)               319,484                
Treasury Stock, Value   5,948,000 172,000         2,500,000                
Common Stock, Shares, Issued (in shares)   16,873,880 16,873,880       1,100,000                  
Noncontrolling Interest, Ownership Percentage by Noncontrolling Owners                     7.00%          
Noncontrolling Interest, Additional Ownership Percentage by Noncontrolling Owners Performance Based                     3.20%          
Third Party Construction Financing                               24,000,000
Debt Instrument, Periodic Payment, Principal                         5,000,000      
Debt Instrument, Extension Fee                         650,000      
Bankruptcy Claims, Amount of Claims Expunged by Bankruptcy Court   $ 8,100,000                       $ 3,180,000