Note 9 - Earnings per Share (Tables)

6 Months Ended

Jun. 30, 2014

Earnings Per Share [Abstract]

Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]

	Six Months Ended June 30,
BASIC	2014		2013
Net loss attributable to Gyrodyne
Continuing operations	$	(41,813)	$	(1,327,514)
Discontinued operations		-		-
Net loss attributable to Gyrodyne		(41,813)		(1,327,514)
Weighted average number of common shares outstanding		1,482,680		1,482,680
Net loss per common share attributable to Gyrodyne ("EPS"):
Continuing operations	$	(0.03)	$	(0.90)
Discontinued operations		-		-
Net loss per common share attributable to Gyrodyne (“EPS”)	$	(0.03)	$	(0.90)