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CONSOLIDATED BALANCE SHEETS - USD ($)
Dec. 31, 2016
Dec. 31, 2015
Assets    
Real estate (Note 2) $ 1,169,459 $ 1,118,345
Less: accumulated depreciation 646,770 602,220
Net real estate 522,689 516,125
Prepaid expenses 90,613 139,587
Other receivables (net of valuation allowance of $2,426 in 2016 and $790 in 2015) 18,446 27,784
Cash 78,400 442,922
Mortgage escrow 138,135 116,581
Other assets 5,492 5,453
Total Assets 853,775 1,248,452
Liabilities:    
Mortgage payable 1,575,945 1,590,024
Accounts payable and accrued liabilities 1,073,724 635,865
Other liabilities 46,702 38,841
Total Liabilities 2,696,371 2,264,730
Presidential Stockholders' Deficit:    
Additional paid-in capital 3,108,471 3,108,471
Accumulated deficit (4,951,109) (4,124,791)
Total Stockholders' Deficit (1,842,596) (1,016,278)
Total Liabilities and Stockholders' Deficit 853,775 1,248,452
Common Class A [Member]    
Presidential Stockholders' Deficit:    
Common stock 4 4
Common Class B [Member]    
Presidential Stockholders' Deficit:    
Common stock $ 38 $ 38