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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2015
Mar. 31, 2014
Cash Flow From Operating Activities:    
Net income $ 2,832us-gaap_NetIncomeLoss $ 4,369us-gaap_NetIncomeLoss
Adjustments to reconcile net income applicable to common shares to net cash flow from operating activities:    
Gain on sale of land (2,876)us-gaap_GainLossOnDispositionOfAssets (753)us-gaap_GainLossOnDispositionOfAssets
Gain on sale of income-producing properties 0fil_GainOnSaleOfIncomeProducingProperties (6,053)fil_GainOnSaleOfIncomeProducingProperties
Depreciation and amortization 4,704us-gaap_DepreciationDepletionAndAmortization 4,642us-gaap_DepreciationDepletionAndAmortization
Amortization of deferred borrowing costs 602us-gaap_AmortizationOfDeferredCharges 1,220us-gaap_AmortizationOfDeferredCharges
Earnings from unconsolidated subsidiaries and investees (45)fil_EarningsFromUnconsolidatedSubsidiariesAndInvestees1 (70)fil_EarningsFromUnconsolidatedSubsidiariesAndInvestees1
Decrease (increase) in assets:    
Accrued interest receivable 2,276us-gaap_IncreaseDecreaseInAccruedInterestReceivableNet 12,044us-gaap_IncreaseDecreaseInAccruedInterestReceivableNet
Other assets 1,835us-gaap_IncreaseDecreaseInOtherOperatingAssets (38)us-gaap_IncreaseDecreaseInOtherOperatingAssets
Prepaid expense (1,099)us-gaap_IncreaseDecreaseInPrepaidExpense (768)us-gaap_IncreaseDecreaseInPrepaidExpense
Escrow 12,931fil_IncreaseDecreaseEscrow 4,585fil_IncreaseDecreaseEscrow
Earnest money (1,720)us-gaap_IncreaseDecreaseInEarnestMoneyDepositsOutstanding 535us-gaap_IncreaseDecreaseInEarnestMoneyDepositsOutstanding
Rent receivables (539)fil_IncreaseDecreaseRentReceivables (220)fil_IncreaseDecreaseRentReceivables
Related party receivables 16,005fil_IncreaeDecreaseinRelatedPartyReceivables (20,665)fil_IncreaeDecreaseinRelatedPartyReceivables
Inrease (decrease) in liabilities:    
Accrued interest payable 60us-gaap_IncreaseDecreaseInInterestPayableNet (214)us-gaap_IncreaseDecreaseInInterestPayableNet
Other liabilities (4,065)us-gaap_IncreaseDecreaseInOtherOperatingLiabilities (13,801)us-gaap_IncreaseDecreaseInOtherOperatingLiabilities
Net cash provided by (used in) operating activities 30,901us-gaap_NetCashProvidedByUsedInOperatingActivities (15,187)us-gaap_NetCashProvidedByUsedInOperatingActivities
Cash Flow From Investing Activities:    
Proceeds from notes receivable 338us-gaap_ProceedsFromCollectionOfNotesReceivable 0us-gaap_ProceedsFromCollectionOfNotesReceivable
Origination or advances of notes receivable (6,411)us-gaap_PaymentsToAcquireNotesReceivable (4,428)us-gaap_PaymentsToAcquireNotesReceivable
Acquisition of land held for development 0fil_AcquisitionOfLandHeldForDevelopment (3,425)fil_AcquisitionOfLandHeldForDevelopment
Proceeds from sale of income-producing properties 0us-gaap_ProceedsFromSaleOfRealEstateHeldforinvestment 22,480us-gaap_ProceedsFromSaleOfRealEstateHeldforinvestment
Proceeds from sale of land 6,849us-gaap_ProceedsFromSaleOfLandHeldForUse 1,504us-gaap_ProceedsFromSaleOfLandHeldForUse
Investment in unconsolidated real estate entities (138)us-gaap_PaymentsToAcquireRealEstateHeldForInvestment (131)us-gaap_PaymentsToAcquireRealEstateHeldForInvestment
Improvement of land held for development (984)us-gaap_PaymentsToDevelopRealEstateAssets (115)us-gaap_PaymentsToDevelopRealEstateAssets
Improvement of income-producing properties (3,457)us-gaap_PaymentsForCapitalImprovements (1,162)us-gaap_PaymentsForCapitalImprovements
Assumption of non-controlling interest (336)fil_SaleOfNonControllingInterest 0fil_SaleOfNonControllingInterest
Construction and development of new properties (785)fil_ConstructionAndDevelopmentOfNewProperties (205)fil_ConstructionAndDevelopmentOfNewProperties
Net cash provided by (used in) investing activities (4,924)us-gaap_NetCashProvidedByUsedInInvestingActivities 14,518us-gaap_NetCashProvidedByUsedInInvestingActivities
Cash Flow From Financing Activities:    
Proceeds from notes payable 11,488us-gaap_ProceedsFromNotesPayable 65,212us-gaap_ProceedsFromNotesPayable
Recurring amortization of principal on notes payable (4,324)fil_RecurringAmortizationOfPrincipalOnNotesPayable (4,874)fil_RecurringAmortizationOfPrincipalOnNotesPayable
Payments on maturing notes payable (25,026)us-gaap_RepaymentsOfNotesPayable (52,907)us-gaap_RepaymentsOfNotesPayable
Stock-secured borrowings 0fil_StockSecuredBorrowingsAndMarginDebt (187)fil_StockSecuredBorrowingsAndMarginDebt
Deferred financing costs (335)us-gaap_PaymentsOfFinancingCosts (3,934)us-gaap_PaymentsOfFinancingCosts
Contributions from non-controlling interests 11fil_ContributionsFromNonControllingInterests1 (81)fil_ContributionsFromNonControllingInterests1
Preferred stock dividends - Series A (390)us-gaap_PaymentsOfDividendsPreferredStockAndPreferenceStock (613)us-gaap_PaymentsOfDividendsPreferredStockAndPreferenceStock
Net cash provided by (used in) financing activities (18,576)us-gaap_NetCashProvidedByUsedInFinancingActivities 2,616us-gaap_NetCashProvidedByUsedInFinancingActivities
Net increase in cash and cash equivalents 7,401us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease 1,947us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease
Cash and cash equivalents, beginning of period 12,299us-gaap_CashAndCashEquivalentsAtCarryingValue 16,437us-gaap_CashAndCashEquivalentsAtCarryingValue
Cash and cash equivalents, end of period 19,700us-gaap_CashAndCashEquivalentsAtCarryingValue 18,384us-gaap_CashAndCashEquivalentsAtCarryingValue
Supplemental disclosures of cash flow information:    
Cash paid for interest $ 9,193us-gaap_InterestPaid $ 8,784us-gaap_InterestPaid