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4. OTHER INVESTMENTS(TABLE)
6 Months Ended
Jun. 30, 2014
OTHER INVESTMENTS(TABLE)  
OTHER INVESTMENTS(TABLE)

Net income from other investments for the three and six months ended June 30, 2014 and 2013, is summarized below:

 

    Three months ended June 30,     Six months ended June 30,  
Description   2014     2013     2014     2013  
Partnerships owning diversified businesses   $ 74,000     $ 14,000     $ 77,000     $ 40,000  
Partnerships owning real estate and related           8,000       1,000       41,000  
Income from investment in 49% owned affiliate (T.G.I.F. Texas, Inc.)     (2,000 )     32,000       6,000       62,000  
Total net income from other investments (excluding other than temporary impairment losses)   $ 72,000     $ 54,000     $ 84,000     $ 143,000  
Unrealized loss on Investment As of March 31, 2014 (TABLE)
    As of June 30, 2014  
    12 Months or less     Greater than 12 Months     Total  
Investment Description   Fair
Value
    Unrealized
Loss
    Fair
Value
    Unrealized
Loss
      Fair
Value
    Unrealized
Loss
 
Partnerships owning investments in technology related industries               $ 370,000     $ (56,000 )   $ 370,000     $ (56,000 )
Partnerships owning real estate and related investments                 211,000       (7,000 )     211,000       (7,000 )
Other investments   $ 231,000     $ (19,000 )                 231,000       (19,000 )
Total   $ 231,000     $ (19,000 )   $ 581,000     $ (63,000 )   $ 812,000     $ (82,000 )
Unrealized loss on Investment As of December 31, 2013
    As of December 31, 2013  
    Less than 12 Months     Greater than 12 Months     Total  
Investment Description   Fair
Value
    Unrealized
Loss
    Fair
Value
    Unrealized
Loss
    Fair
Value
    Unrealized
Loss
 
Partnerships owning investments in technology related industries   $     $     $ 346,000     $ (76,000 )   $ 346,000     $ (76,000 )
Partnerships owning real estate and related investments                 246,000       (11,000 )     246,000       (11,000 )
Total   $     $     $ 592,000     $ (87,000 )   $ 592,000     $ (87,000 )