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INCOME TAXES - Summary of deferred tax assets and liabilities (Details 2) (USD $)
Dec. 31, 2013
Dec. 31, 2012
Income Taxes [Line Items]    
Totals   $ 698,000
Assets
   
Income Taxes [Line Items]    
Net operating loss carry forward 110,000 471,000
Excess of tax basis over book basis of assets associated with real estate interests held for sale    286,000
Excess of tax basis over book basis of other investments 306,000 508,000
Totals 416,000 1,265,000
Liabilities
   
Income Taxes [Line Items]    
Excess of book basis of 49% owned corporation over tax basis 424,000 418,000
Unrealized gain on marketable securities 105,000 32,000
Excess of tax basis over book basis of other investments 104,000 117,000
Totals $ 633,000 $ 567,000