10. DISCONTINUED OPERATIONS AND REAL ESTATE INTERESTS HELD FOR SALE (Detail) - (Table 1) Results of Operations for the Real Estate Interests Classified into Discontinued Operations (USD $)	1 Months Ended	3 Months Ended		9 Months Ended
	Feb. 25, 2013	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
Revenues:
Rental and related revenue		$ 16,744	$ 16,074	$ 48,544	$ 48,224
Expenses:
Rental operating expenses		15,637	24,795	51,308	71,745
Professional fees		49,378	32,007	136,153	96,879
Interest expense		22,693	25,660	67,925	77,200
Depreciation, amortization and other expenses				12,117	668,611
Total expenses		471,296	451,118	1,359,708	1,363,989
Less: noncontrolling interest sold		7,844	(29,834)	94,445	104,820
Gain on sale of discontinued operations, net of incentive fee	19,000,000
Provision for income tax expense on gain on sale of discontinued ops			20,000		3,000
Income from discontinued operations		(1,659,737)	220,973	16,254,808	999,643
Segment Discontinued Operations | Grove Isle
Revenues:
Rental and related revenue			485,000	171,000	1,415,000
Food & beverage sales			1,271,000	1,950,000	4,628,000
Marina revenue			408,000	382,000	1,239,000
Other			110,000		350,000
Total revenue			2,274,000	2,503,000	7,632,000
Expenses:
Rental operating expenses			43,000	97,000	149,000
Food & beverage operation expenses			1,127,000	1,430,000	3,840,000
Marina expenses			224,000	178,000	641,000
Professional fees			45,000	53,000	162,000
Interest expense			190,000	190,000	579,000
Depreciation, amortization and other expenses			424,000	199,000	1,261,000
Total expenses			2,053,000	2,147,000	6,632,000
Less: noncontrolling interest sold				(212,000)
Gain on sale of discontinued operations, net of incentive fee		(34,000)		18,805,000
Provision for income tax expense on gain on sale of discontinued ops		(1,626,000)		(2,694,000)
Income from discontinued operations		$ (1,660,000)	$ 221,000	$ 16,255,000	$ 1,000,000