NOTES AND INTEREST RECEIVABLE FROM AFFILIATE {1} NOTES AND INTEREST RECEIVABLE FROM AFFILIATE The entire disclosure related to notes and interest receivable of the reporting period. Net cash used in investing activities Net cash used in investing activities Net income (loss) {1} Net income (loss) Balance Balance Balance Total operating expenses Total operating expenses Total notes and interest receivable Total notes and interest receivable Carrying amount as of the balance sheet date of notes and interest receivable from related parties. SUBSEQUENT EVENTS {1} SUBSEQUENT EVENTS Accrued interest receivable Net income (loss) applicable to common shares {1} Net income (loss) applicable to common shares Common Stock, par value Entity Voluntary Filers (Increase) decrease in assets: Total Earnings per share - basic Deferred gain (from sales to related parties) Liabilities: COMMITMENTS AND CONTINGENCIES RELATED PARTY TRANSACTIONS {1} RELATED PARTY TRANSACTIONS RECEIVABLE FROM AND PAYABLE TO AFFILIATES {1} RECEIVABLE FROM AND PAYABLE TO AFFILIATES The entire disclosure related to receivable from and payable to affiliates of the reporting period. REAL ESTATE ACTIVITY Payments on notes payable Cash Flow From Investing Activities: Common Stock Amount CHANGES IN SHAREHOLDERS' EQUITY Income tax benefit (expense) from discontinued operations Rental and other property revenues Rental and other property revenues Entity Central Index Key Amendment Flag SUBSEQUENT EVENTS COMMITMENTS AND CONTINGENCIES {1} COMMITMENTS AND CONTINGENCIES NOTES AND INTEREST PAYABLE DISCONTINUED OPERATIONS Common Stock Shares Weighted average common share used in computing earnings per share Earnings from unconsolidated subsidiaries and investees Operating loss Operating loss Expenses: Common Stock, shares authorized Parentheticals Accounts payable and other liabilities Current Fiscal Year End Date RELATED PARTY TRANSACTIONS NOTES AND INTEREST RECEIVABLE FROM AFFILIATE Cash paid for interest Cash Flow From Operating Activities: Net income (loss). The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest Statement [Line Items] Document Fiscal Period Focus Entity Filer Category RECEIVABLE FROM AND PAYABLE TO AFFILIATES Affiliate receivable Adjustments to reconcile net income (loss) applicable to common shares to net cash used in operating activities: Retained Earnings Paid-in Capital Income (loss) from continuing operations before tax Net cash provided by operating activities Net cash provided by operating activities Weighted average common share used in computing diluted earnings per share Net income (loss) applicable to common shares Net income (loss) applicable to common shares Net income (loss) from discontinued operations Net income (loss) from continuing operations Income tax benefit (expense) Other income (expense): Total real estate Total real estate Proceeds from notes receivable Increase (decrease) in liabilities: Interest income (including $1,183 and $294 for the three months ended 2012 and 2011 respectively from affiliates and related parties) Other assets Real estate land holdings, at cost Statement, Equity Components [Axis] Common Stock, shares outstanding Total liabilities and shareholders' equity Total liabilities and shareholders' equity Total Liabilities Total Liabilities Notes and interest receivable from related parties Amounts due as of the balance sheet date from parties associated with the reporting entity as evidenced by a written promise to pay and interest receivable. Document Fiscal Year Focus ORGANIZATION AND BASIS OF PRESENTATION Treasury Stock Earnings per share - diluted Net income (loss) Net income (loss) General and administrative (including $83 and $55 for the three months ended 2012 and 2011 respectively from affiliates and related parties) Notes and interest payable Cash and cash equivalents Cash and cash equivalents, beginning of period Cash and cash equivalents, end of period Entity Well-known Seasoned Issuer Document Type OPERATING SEGMENTS REAL ESTATE ACTIVITY {1} REAL ESTATE ACTIVITY Discontinued operations: Revenues: Common stock, $.01 par value, authorized 10,000,000 shares; issued 4,173,675 shares in 2012 and 2011 Shareholders' equity: Investments in unconsolidated subsidiaries and investees, subject to sales contract Statement [Table] Income (loss) from discontinued operations {1} Income (loss) from discontinued operations Common Stock, shares issued Retained earnings Paid-in capital Treasury stock at cost, 5,461 in 2012 and 2011 Assets {1} Assets Document Period End Date Document and Entity Information Supplemental disclosures of cash flow information: Cash Flow From Financing Activities: Earnings from unconsolidated subsidiaries and investees. This item represents the entity's proportionate share for the period of the net income (loss) of its investee (such as unconsolidated subsidiaries and joint ventures) to which the equity method of accounting is applied. This item includes income or expense related to stock-based compensation based on the investor's grant of stock to employees of an equity method investee. Total shareholders' equity Total shareholders' equity Commitments and contingencies: Less allowance for doubtful accounts NOTES AND INTEREST PAYABLE {1} NOTES AND INTEREST PAYABLE Net increase in cash and cash equivalents Net increase in cash and cash equivalents Income (loss) from discontinued operations {2} Income (loss) from discontinued operations Mortgage and loan interest Advisory fee to affiliates Advisory fee paid to Advisor. Liabilities and Shareholders' Equity OPERATING SEGMENTS {1} OPERATING SEGMENTS Other liabilities Accrued interest payable Income (loss) from continuing operations Income (loss) from discontinued operations Total other income Total other income Total assets Total assets Entity Current Reporting Status Entity Common Stock, Shares Outstanding DISCONTINUED OPERATIONS {1} DISCONTINUED OPERATIONS ORGANIZATION AND BASIS OF PRESENTATION {1} ORGANIZATION AND BASIS OF PRESENTATION Net cash used in financing activities Net cash used in financing activities Deferred financing costs. Other assets {1} Other assets Income (loss) from continuing operations {1} Income (loss) from continuing operations Property operating expenses (including $29 and $2 for the three months ended 2012 and 2011 respectively from affiliates and related parties) Treasury stock, shares Receivable and accrued interest from related parties Entity Registrant Name