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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) (USD $)
6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income attributable to the Company $ 17,244,003 $ 233,691
Adjustments to reconcile net income attributable to the Company to net cash (used in) provided by operating activities:    
Depreciation and amortization 8,078 445,768
Non-employee stock compensation expense 372 8,970
Net income from other investments, excluding impairment losses (143,148) (316,446)
Other than temporary impairment losses from other investments   27,666
Gain from the sale of discontinued operations (17,855,951)  
Net gain from investments in marketable securities (32,803) (97,096)
Net income attributable to non controlling interest 86,601 134,654
Deferred income tax benefit   (17,000)
Changes in assets and liabilities:    
Other assets and other receivables (38,626) 137,364
Accounts payable, accrued expenses and other liabilities (8,702) (163,271)
Total adjustments (18,042,773) 160,609
Net cash (used in) provided by operating activities (798,770) 394,300
CASH FLOWS FROM INVESTING ACTIVITIES:    
Proceeds from sales of discontinued operations 23,033,221  
Distributions from other investments 325,246 494,931
Contributions to other investments (49,500) (168,548)
Net proceeds from sales and redemptions of securities 397,930 700,216
Purchase of marketable securities (1,205,449) (512,661)
Purchases and improvements of properties   (126,796)
Net cash provided by investing activities 22,501,448 387,142
CASH FLOWS FROM FINANCING ACTIVITIES:    
Stock options exercised 24,000  
Repayment of mortgages and notes payables (18,747) (227,725)
Net cash provided by (used in) financing activities 5,253 (227,725)
Net increase in cash and cash equivalents 21,707,931 553,717
Cash and cash equivalents at beginning of the period 1,510,773 2,366,363
Cash and cash equivalents at end of the period 23,218,704 2,920,080
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:    
Cash paid during the period for interest 45,000 441,000
Cash paid during the period for income taxes      
Non-cash Investing Activities:    
Note receivable received for sales of discontinued operations $ 1,000,000