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CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
REVENUES        
Real estate rentals and related revenue $ 15,600 $ 24,310 $ 48,000 $ 61,155
Operating expenses:        
Rental and other properties 42,108 24,397 85,301 65,964
Adviser's base fee 165,000 165,000 495,000 495,000
General and administrative 79,870 63,571 251,891 165,257
Professional fees and expenses 275,186 84,736 584,009 225,763
Directors' fees and expenses 16,000 28,279 62,250 77,029
Depreciation and amortization 3,849 6,354 11,485 15,395
Interest expense 38,125 23,482 82,759 72,206
Total expenses 620,138 395,819 1,572,695 1,116,614
Loss before other income (loss) and income taxes (604,538) (371,509) (1,524,695) (1,055,459)
Net realized and unrealized (losses) gains from investments in marketable securities (274,049) (252,315) (644,323) 385,579
Net income from other investments 92,150 30,419 268,763 114,515
Other than temporary impairment losses from other investments 0 (11,092) 0 (11,092)
Interest, dividend and other income 266,604 183,656 618,108 671,841
Total other income (loss) 84,705 (49,332) 242,548 1,160,843
(Loss) income before income taxes (519,833) (420,841) (1,282,147) 105,384
Benefit from income taxes 0 (91,000) 0 0
Net (loss) income (519,833) (329,841) (1,282,147) 105,384
Noncontrolling interests 12,362 1,997 18,512 (6,587)
Net (loss) income attributable to the Company $ (507,471) $ (327,844) $ (1,263,635) $ 98,797
Weighted average common shares outstanding-basic (in shares) 1,041,494 1,048,926 1,040,181 1,048,926
Weighted average common shares outstanding-diluted (in shares) 1,041,494 1,048,926 1,040,181 1,049,954
Net (loss) income per common:        
Basic and diluted (in Dollars per share) $ (0.49) $ (0.31) $ (1.21) $ 0.09