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CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($)
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
REVENUES    
Real estate rentals and related revenue $ 18,092 $ 17,010
Total revenues 18,092 17,010
Operating Expenses:    
Rental and other properties 11,075 23,170
Adviser’s base fee 165,000 165,000
General and administrative 84,643 80,168
Professional fees and expenses 102,252 79,865
Directors’ fees and expenses 20,500 16,000
Depreciation expense 3,849 3,849
Interest expense 20,973 15,333
Total expenses 408,292 383,385
Loss before other income, income taxes and gain on sale of real estate (390,200) (366,375)
Net realized and unrealized (losses) gains from investments in marketable securities (20,761) 126,512
Equity loss from operations of residential real estate partnership (143,889) (117,176)
Net income from other investments 217,703 278,616
Interest, dividend and other income 90,608 140,842
Total other income 143,661 428,794
(Loss) income before income taxes and gain on sale of real estate (246,539) 62,419
Provision for income taxes (27,205) 0
Net (loss) income before gain on sale of real estate (273,744) 62,419
Gain on sale of real estate, net 5,473,887 0
Net Income 5,200,143 62,419
Gain from noncontrolling interest (9,250) (10,050)
Net income attributable to the Company $ 5,190,893 $ 52,369
Weighted average common shares outstanding-basic and diluted (in shares) 1,007,399 1,002,392
Net income per common share: Basic and diluted    
Basic and diluted net income per share ( in Dollars per share) $ 5.15 $ 0.05