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Condensed Consolidated Statements of Operations (Unaudited) (USD $)
3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Revenues        
Rental income $ 572,783 $ 614,478 $ 1,184,742 $ 1,235,151
Rental income - tenant reimbursements 62,216 73,104 178,862 197,193
Total 634,999 687,582 1,363,604 1,432,344
Expenses        
Rental expenses 345,525 337,359 766,122 713,430
General and administrative expenses 579,616 584,763 1,150,366 1,570,615
Strategic alternative expenses 534,799 304,268 872,541 645,629
Depreciation 80,787 88,531 161,999 173,263
Impairment charges 200,000   200,000 0
Total 1,740,727 1,314,921 3,151,028 3,102,937
Other Income (Expense):        
Interest income 22,092 70,248 45,924 128,629
Interest expense (201,808) 38 (336,346) (5,748)
Total (179,716) 70,286 (290,422) 122,881
Net Loss before Condemnation Expense and Provision for Income Taxes (1,285,444) (557,053) (2,077,846) (1,547,712)
Expense on Condemnation       (2,360)
Net loss from continuing operations (1,285,444) (557,053) (2,077,846) (1,550,072)
Income from discontinued operations attributable to non-controlling interest 135,176 112,316 255,920 222,558
Net Loss (1,150,268) (444,737) (1,821,926) (1,327,514)
Net Loss from Non-Controlling Interest in GSD, LLC (1,096,383)   (1,780,113)  
Net Loss Attributable to Gyrodyne $ (53,885) $ (444,737) $ (41,813) $ (1,327,514)
From continuing operations (in Dollars per share) $ (0.04) $ (0.30) $ (0.03) $ (0.90)
From discontinued operations (in Dollars per share) $ 0.00 $ 0.00 $ 0.00 $ 0.00
Total loss -Basic and diluted (in Dollars per share) $ (0.04) $ (0.30) $ (0.03) $ (0.90)
Weighted average number of common shares outstanding:        
Basic and diluted (in Shares) 1,482,680 1,482,680 1,482,680 1,482,680