CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (USD $)	3 Months Ended		6 Months Ended
	Jun. 30, 2013	Jun. 30, 2012	Jun. 30, 2013	Jun. 30, 2012
Revenues:
Rental	$ 214,757	$ 184,823	$ 427,673	$ 376,440
Interest on mortgages - notes receivable	1,045	7,743	2,234	8,420
Total	215,802	192,566	429,907	384,860
Costs and Expenses:
General and administrative	346,853	295,130	619,523	542,105
Stock Based Compensation	0	24,667	0	98,667
Rental property:
Operating expenses	146,974	115,862	273,974	229,432
Interest and fees on mortgage debt	6,767	834	12,233	834
Real estate taxes	9,471	11,643	18,942	23,287
Depreciation on real estate	11,992	12,406	24,390	24,714
Amortization of in-place lease values and mortgage costs	0	0	0	132
Total	522,057	460,542	949,062	919,171
Other Income:
Investment income	1,694	3,143	2,499	3,198
Loss from continuing operations	(304,561)	(264,833)	(516,656)	(531,113)
Discontinued Operations (Note 3):
Loss from discontinued operations	(349,775)	(264,719)	(679,695)	(572,773)
Net loss	(654,336)	(529,552)	(1,196,351)	(1,103,886)
Net loss from non-controlling interest (Note 3) and (Note 5)	139,910	107,760	271,878	263,642
Net loss attributable to Presidential	$ (514,426)	$ (421,792)	$ (924,473)	$ (840,244)
Earnings per Common Share attributable to Presidential (basic and diluted):
Loss from continuing operations (in dollars per share)	$ (0.08)	$ (0.07)	$ (0.14)	$ (0.15)
Discontinued Operations:
Loss from discontinued operations (in dollars per share)	$ (0.10)	$ (0.04)	$ (0.19)	$ (0.08)
Net Loss per Common Share - basic and diluted (in dollars per share)	$ (0.18)	$ (0.11)	$ (0.33)	$ (0.23)
Weighted Average Number of Shares Outstanding - basic and diluted (in shares)	3,669,680	3,655,680	3,669,680	3,655,680