CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (UNAUDITED) (USD $)	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
REVENUES
Real estate rentals and related revenue	$ 16,689	$ 16,200
Operating expenses:
Rental and other properties	16,641	16,405
Adviser's base fee	165,000	255,000
General and administrative	57,308	96,683
Professional fees and expenses	81,517	68,807
Directors' fees and expenses	22,500	22,500
Depreciation and amortization	4,039	4,039
Interest expense	23,456	22,572
Total expenses	370,461	486,006
Loss before other income and income taxes	(353,772)	(469,806)
Net realized and unrealized gains from investments in marketable securities	126,636	102,643
Net income from other investments	12,267	89,618
Interest, dividend and other income	69,998	41,826
Total other income	208,901	234,087
Loss before income taxes	(144,871)	(235,719)
Provision for income taxes	31,000	0
Loss from continuing operations	(175,871)	(235,719)
Income from discontinued operations	0	17,305,749
Net (loss) income	(175,871)	17,070,030
Noncontrolling interests in continuing operations	(3,688)	(12,339)
Noncontrolling interests in discontinued operations	0	(60,279)
Net income attributable to noncontrolling interest	(3,688)	(72,618)
Net (loss) income attributable to the Company	(179,559)	16,997,412
Amounts attributable to the Company
Continuing operations	(179,559)	(248,058)
Discontinued operations	0	17,245,470
Net (loss) income attributable to the Company	(179,559)	16,997,412
Weighted average common shares outstanding-basic and diluted	1,048,926	993,943
Net income (loss) per common:
Continuing operations basic and diluted	$ (0.17)	$ (0.25)
Discontinued operations-basic and diluted		$ 17
Basic and diluted net (loss) income per share	$ (0.17)	$ 17
Other comprehensive income:
Unrealized gain on interest rate swap agreement		982,500
Total other comprehensive income		982,500
Comprehensive (loss) income	$ (179,559)	$ 17,979,912