Note 6 - Income Taxes (Tables)

9 Months Ended

Sep. 30, 2013

Income Tax Disclosure [Abstract]

Schedule of Condemnation Proceeds [Table Text Block]

	Condemnation Gross Proceeds		Income Tax Provision 2012		Income Tax (Benefit)/Provision 2013
Gross gain from condemnation	$	98,685,000	$	61,649,000	$	(61,649,000	)
Interest income on condemnation		67,341,716		-
Reimbursement of condemnation expenses		1,474,941		-
Income Tax						70,558
Excise Tax and related interest associated with 2012 dividend declared in 2013						3,396,320
Total	$	167,501,657	$	61,649,000	$	(58,182,122	)

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

	September 30, 2013			December 31, 2012
Deferred Tax Liabilities:
Gain on condemnation	$	-		$	(61,649,000	)
Unrealized gain on investment in Citrus Grove		(1,315,000	)		(1,315,000	)
Net Deferred Income Taxes	$	(1,315,000	)	$	(62,964,000	)