BALANCE SHEETS (USD $)	Dec. 31, 2013	Dec. 31, 2012
Investment properties, net of accumulated depreciation:
Office building and other commercial property	$ 809,905	$ 826,061
Total investment properties, net	809,905	826,061
Cash and cash equivalents	17,655,568	1,510,773
Assets associated with real estate interest held for resale		18,098,789
Investments in marketable securities	4,722,597	2,158,330
Other investments	3,304,336	3,603,655
Investment in affiliate	2,445,891	2,547,572
Loans, notes and other receivables	1,408,150	295,562
Notes and advances due from related parties		696,909
Deferred taxes		698,000
Other assets	32,773	36,731
TOTAL ASSETS	30,379,220	30,472,382
LIABILITIES
Note payable to affiliate	2,502,891	2,814,379
Accounts payable, accrued expenses and other liabilities	202,552	46,550
Amounts due to the Adviser	2,095,701
Current income tax payable	1,592,716
Deferred income tax payable	217,000
Obligations associated with real estate interest held for resale		13,383,821
TOTAL LIABILITIES	6,610,860	16,244,750
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS' EQUITY
Additional paid-in capital	24,230,844	24,129,031
Undistributed gains from sales of properties, net of losses	53,754,659	41,572,120
Undistributed losses from operations	(55,547,873)	(54,377,617)
Accumulated other comprehensive loss		(982,500)
Total stockholders' equity	23,486,556	11,310,560
Non controlling interest	281,804	2,917,072
TOTAL STOCKHOLDERS' EQUITY	23,768,360	14,227,632
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	30,379,220	30,472,382
Common Stock
STOCKHOLDERS' EQUITY
Common stock value issued
Common Class B
STOCKHOLDERS' EQUITY
Common stock value issued	$ 1,048,926	$ 969,526