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Note 5 - Consolidating Financial Information (Details) - Consolidated Balance Sheet (USD $)
Jun. 30, 2014
Dec. 31, 2013
Jun. 30, 2013
Dec. 31, 2012
Rental property:        
Land $ 1,733,693 $ 1,785,293    
Building and improvements 11,175,728 11,205,934    
Machinery and equipment 344,733 344,733    
13,254,154 13,335,960    
Less accumulated depreciation 4,725,234 4,557,615    
8,528,920 8,778,345    
Land held for development:        
Land 558,466 558,466    
Land development costs 1,895,046 1,823,847    
2,453,512 2,382,313    
Total real estate, net 10,982,432 11,160,658    
Assets held for sale 22,320,755 22,024,321    
Cash and cash equivalents 6,346,983 13,048,827 88,528,298 94,164,722
Investment in marketable securities 4,703,470 3,380,864    
Rent receivable, net of allowance for doubtful accounts of approximately $98,000 58,024 82,663    
Deferred rent receivable 51,366 57,369    
Prepaid expenses and other assets 578,360 618,279    
Prepaid pension costs 593,870 608,807    
Total Assets 45,635,260 50,981,788    
LIABILITIES:        
Accounts payable 696,921 1,603,279    
Accrued liabilities 281,664 3,246,403    
Deferred rent liability 36,474 21,387    
Tenant security deposits payable 268,790 271,658    
Liabilities related to assets held for sale 355,111 381,966    
Deferred income taxes 1,315,000 1,315,000    
Note's payable 16,447,427 16,144,614    
Total Liabilities 19,401,387 22,984,307    
Total equity 26,233,873 27,997,481    
Total Liabilities and Equity 45,635,260 50,981,788    
EQUITY:        
Common stock, $1 par value; authorized 4,000,000 shares; 1,723,888 shares issued; 1,482,680 shares outstanding 1,723,888 1,723,888    
Additional paid-in capital 17,753,505 17,753,505    
Accumulated other comprehensive income 177,107 118,789    
Deficit (9,161,284) (9,119,471)    
10,493,216 10,476,711    
Less cost of shares of common stock held in treasury; 241,208 (1,537,697) (1,537,697)    
Total Gyrodyne Stockholders’ Equity 8,955,519 8,939,014    
Non-controlling interest in GSD, LLC 17,278,354 19,058,467    
Consolidation, Eliminations [Member]
       
Land held for development:        
GSD Line of Credit (2,482,852)      
Mortgage receivable (13,369,800)      
Total Assets (15,852,652)      
LIABILITIES:        
Liabilities related to assets held for sale (9,433,314)      
GSD Line of Credit (2,482,852)      
Mortgage Payable (3,936,486)      
Total Liabilities (15,852,652)      
Total Liabilities and Equity (15,852,652)      
EQUITY:        
Deficit 1,788,114      
1,788,114      
Total Gyrodyne Stockholders’ Equity 1,788,114      
Non-controlling interest in GSD, LLC (1,788,114)      
Parent Company [Member]
       
Land held for development:        
Cash and cash equivalents 6,346,983      
Investment in marketable securities 4,703,470      
GSD Line of Credit 2,482,852      
Prepaid expenses and other assets 149,724      
Prepaid pension costs 593,870      
Mortgage receivable 13,369,800      
Total Assets 27,646,699      
LIABILITIES:        
Accounts payable 647,089      
Accrued liabilities 281,664      
Deferred income taxes 1,315,000      
Note's payable 16,447,427      
Total Liabilities 18,691,180      
Total equity 8,955,519      
Total Liabilities and Equity 27,646,699      
EQUITY:        
Common stock, $1 par value; authorized 4,000,000 shares; 1,723,888 shares issued; 1,482,680 shares outstanding 1,723,888      
Additional paid-in capital 17,753,505      
Accumulated other comprehensive income 177,107      
Deficit (9,161,284)      
10,493,216      
Less cost of shares of common stock held in treasury; 241,208 (1,537,697)      
Total Gyrodyne Stockholders’ Equity 8,955,519      
GSD LLC [Member]
       
Rental property:        
Land 1,733,693      
Building and improvements 11,175,728      
Machinery and equipment 344,733      
13,254,154      
Less accumulated depreciation 4,725,234      
8,528,920      
Land held for development:        
Land 558,466      
Land development costs 1,895,046      
2,453,512      
Total real estate, net 10,982,432      
Assets held for sale 22,320,755      
Rent receivable, net of allowance for doubtful accounts of approximately $98,000 58,024      
Deferred rent receivable 51,366      
Prepaid expenses and other assets 428,636      
Total Assets 33,841,213      
LIABILITIES:        
Accounts payable 49,832      
Deferred rent liability 36,474      
Tenant security deposits payable 268,790      
Liabilities related to assets held for sale 9,788,425      
GSD Line of Credit 2,482,852      
Mortgage Payable 3,936,486      
Total Liabilities 16,562,859      
Total equity 17,278,354      
Total Liabilities and Equity 33,841,213      
EQUITY:        
Deficit (1,788,114)      
(1,788,114)      
Total Gyrodyne Stockholders’ Equity (1,788,114)      
Non-controlling interest in GSD, LLC 19,066,468      
Consolidated Entities [Member]
       
Rental property:        
Land 1,733,693      
Building and improvements 11,175,728      
Machinery and equipment 344,733      
13,254,154      
Less accumulated depreciation 4,725,234      
8,528,920      
Land held for development:        
Land 558,466      
Land development costs 1,895,046      
2,453,512      
Total real estate, net 10,982,432      
Assets held for sale 22,320,755      
Cash and cash equivalents 6,346,983      
Investment in marketable securities 4,703,470      
Rent receivable, net of allowance for doubtful accounts of approximately $98,000 58,024      
Deferred rent receivable 51,366      
GSD Line of Credit 2,482,852      
Prepaid expenses and other assets 578,360      
Prepaid pension costs 593,870      
Mortgage receivable 13,369,800      
Total Assets 61,487,912      
LIABILITIES:        
Accounts payable 696,921      
Accrued liabilities 281,664      
Deferred rent liability 36,474      
Tenant security deposits payable 268,790      
Liabilities related to assets held for sale 9,788,425      
GSD Line of Credit 2,482,852      
Mortgage Payable 3,936,486      
Deferred income taxes 1,315,000      
Note's payable 16,447,427      
Total Liabilities 35,254,039      
Total equity 26,233,873      
Total Liabilities and Equity 61,487,912      
EQUITY:        
Common stock, $1 par value; authorized 4,000,000 shares; 1,723,888 shares issued; 1,482,680 shares outstanding 1,723,888      
Additional paid-in capital 17,753,505      
Accumulated other comprehensive income 177,107      
Deficit (10,949,398)      
8,705,102      
Less cost of shares of common stock held in treasury; 241,208 (1,537,697)      
Total Gyrodyne Stockholders’ Equity 7,167,405      
Non-controlling interest in GSD, LLC $ 19,066,468