CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)	Jun. 30, 2013	Dec. 31, 2012
Investment properties, net of accumulated depreciation:
Office building and other commercial property	$ 817,982	$ 826,061
Total investment properties, net	817,982	826,061
Cash and cash equivalents	23,218,704	1,510,773
Assets associated with real estate interests held for sale		18,098,789
Investments in marketable securities	2,998,652	2,158,330
Other investments	3,408,651	3,603,655
Investment in affiliate	2,609,978	2,547,572
Loans, notes and other receivables	1,311,518	295,562
Notes and advances due from related parties	701,744	696,909
Deferred taxes		698,000
Other assets	32,304	36,731
TOTAL ASSETS	35,099,533	30,472,382
LIABILITIES
Note payable to affiliate	2,795,632	2,814,379
Accounts payable, accrued expenses and other liabilities	37,846	46,550
Due to Adviser	2,063,133
Current and deferred income tax payable	370,000
Obligations associated with real estate interests held for sale		13,383,821
TOTAL LIABILITIES	5,266,611	16,244,750
STOCKHOLDERS' EQUITY
Additional paid-in capital	24,148,404	24,129,031
Undistributed gains from sales of properties, net of losses	59,428,071	41,572,120
Undistributed losses from operations	(54,989,565)	(54,377,617)
Accumulated other comprehensive loss		(982,500)
Total stockholders' equity	29,561,436	11,310,560
Non controlling interest	271,486	2,917,072
TOTAL EQUITY	29,832,922	14,227,632
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	35,099,533	30,472,382
Common Stock
STOCKHOLDERS' EQUITY
Common stock value
Common Class B
STOCKHOLDERS' EQUITY
Common stock value	$ 974,526	$ 969,526