8. SEGMENT INFORMATION (Tables)

9 Months Ended

Sep. 30, 2012

Schedule of Segment Reporting Information, by Segment [Table Text Block]

	Three months ended						Nine months ended
	September 30,						September 30,
	2012			2011			2012			2011
Net Revenues:
Real estate and marina rentals	$	908,000		$	860,000		$	2,702,000		$	2,603,000
Food and beverage sales		1,272,000			1,219,000			4,628,000			4,515,000
Spa revenues		110,000			211,000			350,000			421,000
Total net revenues	$	2,290,000		$	2,290,000		$	7,680,000		$	7,539,000
Income (loss) before income taxes:
Real estate and marina rentals	$	267,000		$	235,000		$	829,000		$	729,000
Food and beverage sales		(26,000	)		(42,000	)		98,000			72,000
Other investments and related income		(315,000	)		(653,000	)		(785,000	)		(1,699,000	)
Total net (loss) income attributable to the Company before income taxes	$	(74,000	)	$	(460,000	)	$	142,000		$	(898,000	)