7. INCOME TAXES (Detail) (USD $)	9 Months Ended
	Sep. 30, 2013	Sep. 30, 2012
Net operating loss carry forward	$ 5,100,000
Incentive fee due to the adviser	2,093,928
Cash dividend per share	$ 4.00
Dividend, date declared	Oct. 21, 2013
Dividend, date of record	Nov. 01, 2013
Date on dividend payable	Nov. 08, 2013
Corporate tax liability	1,700,000
Equity method investment, ownership percentage	95.00%
Estimated a current provision for state and federal income taxes	1,856,000
Deferred tax liability	140,000
Hmg Courtland Properties, Inc.
Net operating loss carry forward	471,000
Incentive fee due to the adviser	2,100,000
Estimated REIT tax capital gain from the sale of real estate interests	14,600,000
Net operating loss carryforward	1,400,000
Estimated a current provision for state and federal income taxes	156,000
Deferred tax expense	838,000
Net decrease in investments with tax basis in excess of book	$ 228,000