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3. RESULTS OF OPERATIONS FOR MONTY'S RESTAURANT, MARINA AND OFFICE/RETAIL PROPERTY, COCONUT GROVE, FLORIDA (Detail) - (Table 1) Combined Statements of Income of 50% Owned Entities (USD $)
3 Months Ended 9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Sep. 30, 2011
Food and Beverage Sales $ 1,271,635 $ 1,218,886 $ 4,628,472 $ 4,514,577
Marina dockage and related 407,686 384,640 1,238,978 1,200,019
Total Revenues 2,290,000 2,290,000 7,680,000 7,539,000
Cost of food and beverage sold 357,382 344,710 1,324,379 1,266,389
Labor and related costs 334,066 304,758 1,059,782 990,389
Other food and beverage related costs 463,826 474,202 1,541,511 1,538,153
Net (loss) income (124,243) (321,316) 244,102 (789,969)
Partially Owned Properties [Member]
       
Food and Beverage Sales 1,272,000 1,219,000 4,628,000 4,515,000
Marina dockage and related 268,000 243,000 822,000 800,000
Retail/mall rental and related 174,000 158,000 483,000 452,000
Total Revenues 1,714,000 1,620,000 5,933,000 5,767,000
Cost of food and beverage sold 357,000 344,000 1,324,000 1,266,000
Labor and related costs 284,000 255,000 911,000 845,000
Entertainers 50,000 49,000 149,000 145,000
Other food and beverage related costs 117,000 113,000 400,000 420,000
Other operating costs 40,000 71,000 123,000 141,000
Repairs and maintenance 106,000 76,000 296,000 290,000
Insurance 115,000 150,000 377,000 404,000
Management fees 64,000 93,000 201,000 253,000
Utilities 71,000 71,000 185,000 195,000
Ground rent 219,000 220,000 676,000 666,000
Interest 161,000 166,000 487,000 533,000
Depreciation and amortization 164,000 167,000 492,000 650,000
Realized loss on interest rate swap       198,000
Total Expenses 1,748,000 1,775,000 5,621,000 6,006,000
Net (loss) income $ (34,000) $ (155,000) $ 312,000 $ (239,000)