CONSOLIDATED BALANCE SHEETS (USD $)	Jun. 30, 2013	Dec. 31, 2012
Assets
Real estate (Note 2)	$ 1,114,413	$ 1,111,534
Less: accumulated depreciation	489,406	465,016
Net real estate	625,007	646,518
Net mortgage portfolio	7,017	14,654
Prepaid expenses	151,709	253,330
Other receivables (net of valuation allowance of $5,625 in 2013 and $7,506 in 2012 )	30,536	31,825
Cash and cash equivalents	719,913	852,674
Assets related to discontinued operations	14,280,381	14,198,806
Other assets	17,668	11,988
Total Assets	15,832,231	16,009,795
Liabilities and Equity
Liabilities related to discontinued operations	18,532,790	17,843,489
Mortgage payable	477,143	488,748
Line of Credit	200,000	0
Accrued liabilities	480,792	337,827
Accounts payable	0	7,559
Other liabilities	639,500	633,815
Total Liabilities	20,330,225	19,311,438
Presidential Stockholders' Deficit:
Additional paid-in capital	5,254,135	5,254,135
Accumulated deficit	(4,642,334)	(3,717,861)
Treasury stock (at cost)	(2,879,354)	(2,879,354)
Total Presidential stockholders' deficit	(2,267,510)	(1,343,037)
Non-controlling interest (Note 5)	(2,230,484)	(1,958,606)
Total Deficit	(4,497,994)	(3,301,643)
Total Liabilities and Stockholders' Deficit	15,832,231	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