CONSOLIDATED STATEMENTS OF INCOME - USD ($)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
REVENUES
Real estate rentals and related revenue	$ 66,030	$ 64,800
Total revenues	66,030	64,800
Operating expenses:
Rental and other properties	103,393	114,050
Adviser’s base fee	660,000	660,000
General and administrative	348,203	251,689
Professional fees and expenses	189,351	656,830
Directors' fees and expenses	80,532	88,029
Depreciation expense	15,398	15,335
Interest expense	74,688	104,939
Total expenses	1,471,565	1,890,872
Loss before other income and income taxes	(1,405,535)	(1,826,072)
Net realized and unrealized gains (losses) from investments in marketable securities	250,293	(351,843)
Equity (loss) gain in residential real estate partnership	(282,981)	247
Net income from other investments	378,761	321,715
Other than temporary impairment losses from other investments	(69,002)	0
Interest, dividend and other income	590,127	778,017
Total other income	867,198	748,136
Loss before income taxes	(538,337)	(1,077,936)
Benefit from income taxes	112,578	0
Net loss	(425,759)	(1,077,936)
(Gain) loss from noncontrolling interest	(5,668)	17,597
Net loss attributable to the Company	$ (431,427)	$ (1,060,339)
Weighted average common shares outstanding-basic and diluted (in shares)	1,020,084	1,040,181
Net loss per common share:
Basic and diluted loss per share (in dollars per share)	$ (0.42)	$ (1.02)