CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (USD $)	3 Months Ended
	Mar. 31, 2013	Mar. 31, 2012
Revenues:
Rental	$ 212,916	$ 191,617
Interest on mortgages - notes receivable	1,189	677
Total	214,105	192,294
Costs and Expenses:
General and administrative	272,670	246,975
Stock Based Compensation	0	74,000
Rental property:
Operating expenses	127,000	113,570
Interest and fees on mortgage debt	5,466	0
Real estate taxes	9,471	11,644
Depreciation on real estate	12,398	12,308
Amortization of in-place lease values and mortgage costs	0	132
Total	427,005	458,629
Other Income:
Investment income	805	55
Loss from continuing operations	(212,095)	(266,280)
Discontinued Operations (Note 3):
Loss from discontinued operations	(329,920)	(308,054)
Net loss	(542,015)	(574,334)
Net loss from non-controlling interest (Note 3) and (Note 5)	131,968	155,882
Net loss attributable to Presidential	$ (410,047)	$ (418,452)
Earnings per Common Share attributable to Presidential (basic and diluted):
Loss from continuing operations (in dollars per share)	$ (0.06)	$ (0.07)
Discontinued Operations:
Loss from discontinued operations (in dollars per share)	$ (0.09)	$ (0.09)
Net Loss per Common Share - basic and diluted (in dollars per share)	$ (0.15)	$ (0.16)
Weighted Average Number of Shares Outstanding - basic and diluted (in shares)	3,669,680	3,655,680