CONSOLIDATED BALANCE SHEETS (USD $)	Mar. 31, 2013	Dec. 31, 2012
Assets
Real estate (Note 2)	$ 1,114,413	$ 1,111,534
Less: accumulated depreciation	477,413	465,016
Net real estate	637,000	646,518
Net mortgage portfolio	12,957	14,654
Prepaid expenses	213,209	253,330
Other receivables (net of valuation allowance of $10,066 in 2013 and $7,506 in 2012)	54,528	31,825
Cash and cash equivalents	775,704	852,674
Assets related to discontinued operations	14,283,422	14,198,806
Other assets	11,991	11,988
Total Assets	15,988,811	16,009,795
Liabilities and Equity
Liabilities related to discontinued operations	18,194,167	17,843,489
Mortgage payable	481,866	488,748
Line of Credit	100,000	0
Accrued liabilities	402,629	337,827
Accounts payable	1,359	7,559
Other liabilities	652,448	633,815
Total Liabilities	19,832,469	19,311,438
Presidential Stockholders' Deficit:
Additional paid-in capital	5,254,135	5,254,135
Accumulated deficit	(4,127,908)	(3,717,861)
Treasury stock (at cost)	(2,879,354)	(2,879,354)
Total Presidential stockholders' deficit	(1,753,084)	(1,343,037)
Non-controlling interest (Note 5)	(2,090,574)	(1,958,606)
Total Deficit	(3,843,658)	(3,301,643)
Total Liabilities and Stockholders' Deficit	15,988,811	16,009,795
Common Class A [Member]
Presidential Stockholders' Deficit:
Common stock: par value $.00001 per share	5	5
Common Class B [Member]
Presidential Stockholders' Deficit:
Common stock: par value $.00001 per share	$ 38	$ 38