CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)	Mar. 31, 2014	Dec. 31, 2013
Investment properties, net of accumulated depreciation:
Office building and other commercial property	$ 805,866	$ 809,905
Total investment properties, net	805,866	809,905
Cash and cash equivalents	13,756,426	17,655,568
Investments in marketable securities	8,427,797	4,722,597
Other investments	3,858,376	3,304,336
Investment in affiliate	2,454,702	2,445,891
Loans, notes and other receivables	1,376,312	1,408,150
Other assets	20,437	32,773
TOTAL ASSETS	30,699,916	30,379,220
LIABILITIES
Margin payable	2,783,754	0
Note payable to affiliate	2,502,891	2,502,891
Accounts payable, accrued expenses and other liabilities	162,733	202,552
Due to Adviser	1,410,049	2,095,701
Income tax payable	0	1,592,716
Deferred income taxes	248,000	217,000
TOTAL LIABILITIES	7,107,427	6,610,860
STOCKHOLDERS' EQUITY
Excess common stock, $1 par value; 100,000 shares authorized: no shares issued	0	0
Common stock, $1 par value; 1,200,000 shares authorized and 1,048,926 issued and outstanding as of March 31, 2014 and December 31, 2013.	1,048,926	1,048,926
Additional paid-in capital	24,230,844	24,230,844
Undistributed gains from sales of properties, net of losses	53,754,659	53,754,659
Undistributed losses from operations	(55,727,432)	(55,547,873)
Total stockholders' equity	23,306,997	23,486,556
Non controlling interest	285,492	281,804
TOTAL EQUITY	23,592,489	23,768,360
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$ 30,699,916	$ 30,379,220