CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)	Mar. 31, 2017	Dec. 31, 2016
Investment properties, net of accumulated depreciation:
Office building and other commercial property	$ 861,159	$ 864,349
Total investment properties, net	861,159	864,349
Cash and cash equivalents	3,037,443	3,019,463
Investments in marketable securities	7,889,913	7,750,661
Other investments	5,137,427	5,307,765
Investment in affiliate	1,914,518	1,880,854
Loans, notes and other receivables	1,522,892	1,623,151
Investment in residential real estate partnership	1,792,538	2,039,714
Other assets	201,272	291,464
TOTAL ASSETS	22,357,162	22,777,421
LIABILITIES
Note payable to affiliate	1,600,000	1,600,000
Margin payable	0	48,803
Accounts payable, accrued expenses and other liabilities	154,857	87,536
Due to Adviser	65,959	65,959
Dividend payable	0	501,196
Deferred income taxes	76,327	76,327
TOTAL LIABILITIES	1,897,143	2,379,821
STOCKHOLDERS' EQUITY
Excess common stock, $1 par value; 100,000 shares authorized: no shares issued	0	0
Common stock, $1 par value; 1,050,000 shares authorized and 1,035,493 issued	1,035,493	1,035,493
Additional paid-in capital	24,076,991	24,076,991
Less: 33,101 treasury shares	(340,281)	(340,281)
Undistributed gains from sales of properties, net of losses	52,208,753	52,208,753
Undistributed losses from operations	(56,754,397)	(56,806,766)
Total stockholders' equity	20,226,559	20,174,190
Non controlling interest	233,460	223,410
TOTAL STOCKHOLDERS' EQUITY	20,460,019	20,397,600
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$ 22,357,162	$ 22,777,421