CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (UNAUDITED) (USD $)	3 Months Ended		6 Months Ended
	Jun. 30, 2013	Jun. 30, 2012	Jun. 30, 2013	Jun. 30, 2012
REVENUES
Real estate rentals and related revenue	$ 15,600	$ 16,074	$ 31,800	$ 32,149
Operating expenses:
Rental and other properties	19,266	10,851	35,671	46,950
Adviser's base fee	255,000	255,000	510,000	510,000
General and administrative	59,445	99,524	156,128	187,930
Professional fees and expenses	17,968	52,530	86,775	64,872
Directors' fees and expenses	24,028	18,750	46,528	43,500
Depreciation and amortization	4,039	4,040	8,078	8,079
Interest expense	22,660	25,770	45,232	51,540
Total expenses	402,406	466,465	888,412	912,871
Loss before other income and income taxes	(386,806)	(450,391)	(856,612)	(880,722)
Net realized and unrealized gains from investments in marketable securities	(69,840)	4,954	32,803	97,096
Net income from other investments	53,530	268,898	143,148	316,446
Other than temporary impairment losses from other investments				(27,666)
Interest, dividend and other income	54,894	34,644	96,720	68,871
Total other income	38,584	308,496	272,671	454,747
Loss before income taxes	(348,222)	(141,895)	(583,941)	(425,975)
Benefit from income taxes		(13,000)		(17,000)
Loss from continuing operations	(348,222)	(128,895)	(583,941)	(408,975)
Income from discontinued operations	608,796	312,331	17,914,545	777,320
Net income	260,574	183,436	17,330,604	368,345
Noncontrolling interests in continuing operations	(15,668)	642	(28,007)	(2,619)
Noncontrolling interests in discontinued operations	1,685	(19,008)	(58,594)	(132,035)
Net income attributable to noncontrolling interest	(13,983)	(18,366)	(86,601)	(134,654)
Net income attributable to the Company	246,591	165,070	17,244,003	233,691
Amounts attributable to the Company
Continuing operations	(363,890)	(128,253)	(611,948)	(411,594)
Discontinued operations	610,481	293,323	17,855,951	645,285
Net income attributable to the Company	246,591	165,070	17,244,003	233,691
Weighted average common shares outstanding-basic (in shares)	974,526	1,010,426	972,537	1,010,426
Weighted average common shares outstanding-diluted (in shares)	1,045,011	1,010,426	1,036,556	1,010,426
Net (loss) income per common:
Continuing operations basic and diluted (in dollars per shares)	$ (0.37)	$ (0.13)	$ (0.61)	$ (0.41)
Discontinued operations-basic (in dollars per shares)	$ 0.63	$ 0.29	$ 18.36	$ 0.64
Discontinued operations-diluted (in dollars per shares)	$ 0.58	$ 0.29	$ 17.23	$ 0.64
Basic net (loss) income per share (in dollars per shares)	$ 0.25	$ 0.16	$ 17.73	$ 0.23
Diluted net (loss) income per share (in dollars per shares)	$ 0.21	$ 0.16	$ 16.60	$ 0.23
Other comprehensive income (loss):
Unrealized (loss) gain on interest rate swap agreement		(111,000)	982,500	(42,000)
Total other comprehensive income	0	(111,000)	982,500	(42,000)
Comprehensive income	$ 246,591	$ 54,070	$ 18,226,503	$ 191,691