SEGMENT INFORMATION (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015	Dec. 31, 2015
Balance Sheet Items
Total Assets	$ 172,774,000		$ 172,774,000		$ 185,816,000
Notes Payable, Special Assessment Obligations, Capital Leases and Other Long Term Obligations	98,919,000		98,919,000		95,292,000
Operating Liabilities	10,579,000		10,579,000		12,711,000
Revenues:
Operating property revenue	7,798,000	$ 5,605,000	23,390,000	$ 21,683,000
Investment and other income	73,000	36,000	244,000	2,190,000
Mortgage loan income, net	19,000	477,000	332,000	1,150,000
Total Revenue	7,890,000	6,118,000	23,966,000	25,023,000
Operating Property Direct Expenses (exclusive of interest and depreciation):
Payroll related expenses	3,028,000	2,711,000	8,697,000	7,943,000
Cost of sales	849,000	623,000	2,511,000	2,324,000
Property taxes	81,000	98,000	235,000	406,000
Management fees	329,000	365,000	1,045,000	1,189,000
Other departmental and general and administrative costs	1,404,000	1,205,000	3,816,000	3,570,000
Other costs	954,000	753,000	2,684,000	2,540,000
Operating Property Direct Expenses (Exclusive of Interest and Depreciation)	6,645,000	5,755,000	18,988,000	17,972,000
Expenses for Non-Operating Real Estate Owned:
Property taxes	80,000	171,000	251,000	521,000
Other costs	6,000	68,000	126,000	332,000
Expenses for Non-Operating Real Estate Owned	86,000	239,000	377,000	853,000
Professional Fees:
Financial reporting - audit, legal and tax	173,000	258,000	712,000	745,000
Legal - general and enforcement	769,000	464,000	2,013,000	1,687,000
Asset management	16,000	237,000	138,000	451,000
Other costs	167,000	196,000	485,000	563,000
Professional Fees	1,125,000	1,155,000	3,348,000	3,446,000
General and Administrative Expenses:
Payroll related expenses	1,058,000	1,408,000	3,591,000	4,663,000
Insurance expense	257,000	283,000	810,000	810,000
Rent	52,000	53,000	157,000	157,000
Other general and administrative costs	462,000	482,000	1,133,000	1,337,000
General and Administrative Expenses	1,829,000	2,226,000	5,691,000	6,967,000
Other Expenses (Income):
Interest Expense	2,301,000	2,409,000	6,661,000	7,640,000
Depreciation and amortization expense	913,000	645,000	3,152,000	1,927,000
(Gain) Loss on Disposal of Assets, Net	2,000	(304,000)	(20,000)	(23,000)
Recovery of credit losses, net	(129,000)	(1,000)	(249,000)	(10,662,000)
Loss of Unconsolidated Subsidiaries	48,000	0	238,000	0
Provision for Income Taxes	0	0	2,000	0
Other Expenses (Income)	3,135,000	2,749,000	9,782,000	(978,000)
Impairment of Real Estate Owned	0	0	0	140,000
Total Expenses (Income), net	12,820,000	12,124,000	38,186,000	28,260,000
Net Loss	(4,930,000)	(6,006,000)	(14,222,000)	(3,237,000)
Net Income (Loss) Attributable to Noncontrolling Interests	19,000	0	92,000	(586,000)
Cash Dividend on Redeemable Convertible Preferred Stock	(539,000)	(540,000)	(1,606,000)	(1,601,000)
Deemed Dividend on Redeemable Convertible Preferred Stock	(632,000)	(583,000)	(1,859,000)	(1,714,000)
Net Income (Loss) Attributable to Common Shareholders	(6,082,000)	(7,129,000)	(17,595,000)	(7,138,000)
Mortgage and REO - Legacy Portfolio and Other Operations [Member]
Balance Sheet Items
Total Assets	73,244,000		73,244,000		87,107,000
Notes Payable, Special Assessment Obligations, Capital Leases and Other Long Term Obligations	35,492,000		35,492,000		32,630,000
Operating Liabilities	2,887,000		2,887,000		5,323,000
Revenues:
Operating property revenue	587,000	120,000	1,271,000	941,000
Investment and other income	73,000	36,000	213,000	2,186,000
Mortgage loan income, net	19,000	477,000	332,000	1,150,000
Total Revenue	679,000	633,000	1,816,000	4,277,000
Operating Property Direct Expenses (exclusive of interest and depreciation):
Payroll related expenses	73,000	41,000	218,000	71,000
Cost of sales	0	0	0	0
Property taxes	6,000	28,000	16,000	195,000
Management fees	19,000	15,000	43,000	35,000
Other departmental and general and administrative costs	8,000	0	14,000	0
Other costs	170,000	112,000	459,000	592,000
Operating Property Direct Expenses (Exclusive of Interest and Depreciation)	276,000	196,000	750,000	893,000
Expenses for Non-Operating Real Estate Owned:
Property taxes	80,000	171,000	251,000	521,000
Other costs	6,000	66,000	126,000	327,000
Expenses for Non-Operating Real Estate Owned	86,000	237,000	377,000	848,000
Professional Fees:
Financial reporting - audit, legal and tax	0	4,000	5,000	11,000
Legal - general and enforcement	727,000	527,000	1,958,000	1,680,000
Asset management	0	221,000	50,000	434,000
Other costs	0	0		0
Professional Fees	727,000	752,000	2,013,000	2,125,000
General and Administrative Expenses:
Payroll related expenses	0	(4,000)	0	(4,000)
Insurance expense	20,000	32,000	51,000	54,000
Rent	0	0	0	0
Other general and administrative costs	0	10,000	9,000	135,000
General and Administrative Expenses	20,000	38,000	60,000	185,000
Other Expenses (Income):
Interest Expense	650,000	908,000	1,725,000	2,497,000
Depreciation and amortization expense	0	1,000	506,000	1,000
(Gain) Loss on Disposal of Assets, Net	2,000	(304,000)	(20,000)	(23,000)
Recovery of credit losses, net	(129,000)	(1,000)	(249,000)	(10,662,000)
Loss of Unconsolidated Subsidiaries	48,000		238,000
Provision for Income Taxes			0
Other Expenses (Income)	571,000	604,000	2,200,000	(8,047,000)
Impairment of Real Estate Owned				140,000
Total Expenses (Income), net	1,680,000	1,827,000	5,400,000	(3,996,000)
Net Loss	(1,001,000)	(1,194,000)	(3,584,000)	8,273,000
Net Income (Loss) Attributable to Noncontrolling Interests	0		0	(586,000)
Cash Dividend on Redeemable Convertible Preferred Stock	0	0	0	0
Deemed Dividend on Redeemable Convertible Preferred Stock	0	0	0	0
Net Income (Loss) Attributable to Common Shareholders	(1,001,000)	(1,194,000)	(3,584,000)	7,687,000
Hospitality and Entertainment Operations [Member]
Balance Sheet Items
Total Assets	95,820,000		95,820,000		93,883,000
Notes Payable, Special Assessment Obligations, Capital Leases and Other Long Term Obligations	50,608,000		50,608,000		50,302,000
Operating Liabilities	5,257,000		5,257,000		4,468,000
Revenues:
Operating property revenue	7,211,000	5,485,000	22,119,000	20,683,000
Investment and other income	0	0	8,000	0
Mortgage loan income, net	0	0	0	0
Total Revenue	7,211,000	5,485,000	22,127,000	20,683,000
Operating Property Direct Expenses (exclusive of interest and depreciation):
Payroll related expenses	2,955,000	2,670,000	8,479,000	7,872,000
Cost of sales	849,000	623,000	2,511,000	2,324,000
Property taxes	75,000	70,000	219,000	211,000
Management fees	310,000	350,000	1,002,000	1,154,000
Other departmental and general and administrative costs	1,396,000	1,205,000	3,802,000	3,570,000
Other costs	784,000	641,000	2,225,000	1,948,000
Operating Property Direct Expenses (Exclusive of Interest and Depreciation)	6,369,000	5,559,000	18,238,000	17,079,000
Expenses for Non-Operating Real Estate Owned:
Property taxes	0	0	0	0
Other costs	0	0	0	0
Expenses for Non-Operating Real Estate Owned	0	0	0	0
Professional Fees:
Financial reporting - audit, legal and tax	0	0	0	0
Legal - general and enforcement	0	0	0	0
Asset management	0	0	0	0
Other costs	0	0	0	0
Professional Fees	0	0	0	0
General and Administrative Expenses:
Payroll related expenses	0	0	0	0
Insurance expense	0	0	0	0
Rent	0	0	0	0
Other general and administrative costs	0	0	0	0
General and Administrative Expenses	0	0	0	0
Other Expenses (Income):
Interest Expense	1,060,000	1,058,000	3,156,000	3,093,000
Depreciation and amortization expense	864,000	593,000	2,499,000	1,768,000
(Gain) Loss on Disposal of Assets, Net	0	0	0	0
Recovery of credit losses, net	0	0	0	0
Loss of Unconsolidated Subsidiaries	0		0
Provision for Income Taxes			0
Other Expenses (Income)	1,924,000	1,651,000	5,655,000	4,861,000
Impairment of Real Estate Owned				0
Total Expenses (Income), net	8,293,000	7,210,000	23,893,000	21,940,000
Net Loss	(1,082,000)	(1,725,000)	(1,766,000)	(1,257,000)
Net Income (Loss) Attributable to Noncontrolling Interests	0		0	0
Cash Dividend on Redeemable Convertible Preferred Stock	0	0	0	0
Deemed Dividend on Redeemable Convertible Preferred Stock	0	0	0	0
Net Income (Loss) Attributable to Common Shareholders	(1,082,000)	(1,725,000)	(1,766,000)	(1,257,000)
Corporate and Other [Member]
Balance Sheet Items
Total Assets	3,710,000		3,710,000		4,826,000
Notes Payable, Special Assessment Obligations, Capital Leases and Other Long Term Obligations	12,819,000		12,819,000		12,360,000
Operating Liabilities	2,435,000		2,435,000		$ 2,920,000
Revenues:
Operating property revenue	0	0	0	59,000
Investment and other income	0	0	23,000	4,000
Mortgage loan income, net	0	0	0	0
Total Revenue	0	0	23,000	63,000
Operating Property Direct Expenses (exclusive of interest and depreciation):
Payroll related expenses	0	0	0	0
Cost of sales	0	0	0	0
Property taxes	0	0	0	0
Management fees	0	0	0	0
Other departmental and general and administrative costs	0	0	0	0
Other costs	0	0	0	0
Operating Property Direct Expenses (Exclusive of Interest and Depreciation)	0	0	0	0
Expenses for Non-Operating Real Estate Owned:
Property taxes	0	0	0	0
Other costs	0	2,000	0	5,000
Expenses for Non-Operating Real Estate Owned	0	2,000	0	5,000
Professional Fees:
Financial reporting - audit, legal and tax	173,000	254,000	707,000	734,000
Legal - general and enforcement	42,000	(63,000)	55,000	7,000
Asset management	16,000	16,000	88,000	17,000
Other costs	167,000	196,000	485,000	563,000
Professional Fees	398,000	403,000	1,335,000	1,321,000
General and Administrative Expenses:
Payroll related expenses	1,058,000	1,412,000	3,591,000	4,667,000
Insurance expense	237,000	251,000	759,000	756,000
Rent	52,000	53,000	157,000	157,000
Other general and administrative costs	462,000	472,000	1,124,000	1,202,000
General and Administrative Expenses	1,809,000	2,188,000	5,631,000	6,782,000
Other Expenses (Income):
Interest Expense	591,000	443,000	1,780,000	2,050,000
Depreciation and amortization expense	49,000	51,000	147,000	158,000
(Gain) Loss on Disposal of Assets, Net	0	0	0	0
Recovery of credit losses, net	0	0	0	0
Loss of Unconsolidated Subsidiaries	0		0
Provision for Income Taxes			2,000
Other Expenses (Income)	640,000	494,000	1,927,000	2,208,000
Impairment of Real Estate Owned				0
Total Expenses (Income), net	2,847,000	3,087,000	8,893,000	10,316,000
Net Loss	(2,847,000)	(3,087,000)	(8,872,000)	(10,253,000)
Net Income (Loss) Attributable to Noncontrolling Interests	19,000		92,000	0
Cash Dividend on Redeemable Convertible Preferred Stock	(539,000)	(540,000)	(1,606,000)	(1,601,000)
Deemed Dividend on Redeemable Convertible Preferred Stock	(632,000)	(583,000)	(1,859,000)	(1,714,000)
Net Income (Loss) Attributable to Common Shareholders	$ (3,999,000)	$ (4,210,000)	$ (12,245,000)	$ (13,568,000)