Consolidated Balance Sheet (USD $)	Dec. 31, 2012	Dec. 31, 2011
Investment properties, net of accumulated depreciation:
Restaurant, marina and retail mall	$ 7,822,419	$ 8,104,380
Office building and other commercial property	826,061	869,906
Total investment properties, net	8,648,480	8,974,286
Assets associated with real estate interest held for resale	3,407,115	3,623,824
Cash and cash equivalents	1,937,267	2,366,363
Investments in marketable securities	2,158,330	2,019,476
Other investments	3,603,655	3,745,327
Investment in affiliate	2,547,572	2,686,887
Loans, notes and other receivables	502,143	569,295
Notes and advances due from related parties	696,909	696,909
Deferred taxes	698,000	632,000
Goodwill	5,628,627	5,628,627
Other assets	644,282	652,836
TOTAL ASSETS	30,472,380	31,595,830
LIABILITIES
Mortgages and notes payable	11,004,684	11,712,787
Accounts payable, accrued expenses and other liabilities	556,047	644,041
Interest rate swap contract payable	1,965,000	1,975,000
Obligations associated with real estate interest held for resale	2,719,018	2,915,623
TOTAL LIABILITIES	16,244,749	17,247,451
STOCKHOLDERS' EQUITY
Additional paid-in capital	24,129,031	24,366,099
Less: Treasury stock at cost (13,529 shares as of December 31, 2011)		(60,388)
Undistributed gains from sales of properties, net of losses	41,572,120	41,572,120
Undistributed losses from operations	(54,377,617)	(54,383,928)
Accumulated other comprehensive loss	(982,500)	(987,500)
Total stockholders' equity	11,310,560	11,530,358
Non controlling interest	2,917,000	2,818,000
TOTAL EQUITY	14,227,631	14,348,379
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	30,472,380	31,595,830
Common Stock [Member]
STOCKHOLDERS' EQUITY
Common stock value issued	969,526	1,023,955
Noncontrolling Interest [Member]
STOCKHOLDERS' EQUITY
Non controlling interest	$ 2,917,071	$ 2,818,021