CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) (USD $)	6 Months Ended
	Jun. 30, 2011	Jun. 30, 2010
CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss attributable to the Company	$ (388,173)	$ (190,703)
Adjustments to reconcile net loss attributable to the Company to net cash provided by operating activities:
Depreciation and amortization	617,742	510,429
Net income from other investments, excluding impairment losses	(45,312)	(218,186)
Other than temporary impairment loss from other investments	86,707	50,000
Net (gain) loss from investments in marketable securities	(31,980)	28,823
Realized loss on interest rate swap agreement	198,400
Net (loss) income attributable to non controlling interest	(80,481)	81,395
Deferred income tax benefit	(50,000)	(18,000)
Changes in assets and liabilities:
Other assets and other receivables	52,477	(161,878)
Accounts payable, accrued expenses and other liabilities	(43,084)	127,887
Total adjustments	704,469	400,470
Net cash provided by operating activities	316,296	209,767
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchases and improvements of properties	(163,057)	(90,137)
Decrease in notes and advances from related parties	(4,759)	7,710
Collections of mortgage loans and notes receivables		163,975
Distributions from other investments	119,222	233,064
Contributions to other investments	(118,963)	(108,577)
Net proceeds from sales and redemptions of securities	641,788	2,632,920
Purchase of marketable securities	(440,081)	(825,889)
Net cash provided by investing activities	34,150	2,013,066
CASH FLOWS FROM FINANCING ACTIVITIES:
Repayment of mortgages and notes payables	(2,599,997)	(426,669)
Partial settlement of interest rate swap contract	(198,400)
Withdrawals from (deposits to) restricted cash	2,379,947	(839,424)
Distributions to minority partners	(101,181)	(13,551)
Net cash used in financing activities	(519,631)	(1,279,644)
Net (decrease) increase in cash and cash equivalents	(169,185)	943,189
Cash and cash equivalents at beginning of the year	3,618,200	1,909,218
Cash and cash equivalents at end of the year	3,449,015	2,852,407
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:
Cash paid during the period for interest	$ 471,000	$ 532,000