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COMMITMENTS, CONTINGENCIES, AND LIQUIDITY (Details Narrative)
$ in Thousands
1 Months Ended
Jul. 20, 2015
USD ($)
Feb. 28, 2014
Dec. 31, 2013
USD ($)
Oct. 31, 2011
USD ($)
Mar. 31, 2016
USD ($)
a
Dec. 13, 2013
a
Dec. 31, 2012
USD ($)
Jan. 31, 2012
USD ($)
Area of land | a         3,771      
ART and ART Midwest, Inc. [Member]                
Damages sought value       $ 74,000        
Actual damages sought value       26,000        
Interest damages sought value       $ 48,000        
Description of plaintiff      

Mr. David Clapper and entities related to Mr. Clapper (collectively, the “Clapper Parties”)

       
Description of defendant      

A formerly owned entity (American Realty Trust, Inc.) and its former subsidiary (ART Midwest, Inc.)

       
Description of allegation      

The matter originally involved a transaction in 1998 in which ART Midwest, Inc. was to acquire eight residential apartment complexes from the Clapper Parties.

       
Total assets             $ 10,000  
Notes receivable from the sale of ART               $ 10,000
Description of action taken by court  

During February 2014, the Court of Appeals affirmed a portion of the judgment in favor of the Clapper Parties, but also ruled that a double counting of a significant portion of the damages had occurred and remanded the case back to the trial court to recalculate the damage award, as well as pre and post-judgment interest thereon. ART was also a significant owner of a partnership interest in the partnership that was awarded the initial damages in this matter.

           
Port Olpentiz [Member]                
Description of plaintiff     ARL          
Description of defendant    

The lawsuits are against: 1) the former German partner and his company, and 2) against the law firm in Hamburg originally hired to protect ARL’s investment in the project

         
Description of allegation    

ARL had filed two lawsuits in Germany to recover funds invested in the project.

         
Area of land | a           420    
Write-off of loans     $ 5,300          
Note Payable for LK-Four Hickory [Member]                
Note payable guarantee         $ 28,000      
Current notes oustanding balance         22,100      
UHF [Member]                
Note payable guarantee         $ 60,350      
Dynex Capital, Inc. [Member]                
Description of plaintiff ART and TCI              
Description of defendant Dynex Capital Inc.              
Unfunded loan commitment $ 160,000              
Post-judgment interest rate 5.00%              
Description of action taken by court

The Final Judgment entered against Dynex Commercial, Inc. on July 20, 2015 awarded Basic $0.256 million in damages, plus pre-judgment interest of $0.192 million for a total amount of $0.448 million. The Judgment awarded ART $14.2 million in damages, plus pre-judgment interest of $10.6 million for a total amount of $24.8 million. The Judgment awarded TCI $11.1 million, plus pre-judgment interest of $8.4 million for a total amount of $19.5 million. The Judgment also awarded Basic, ART, and TCI post-judgment interest at the rate of 5% per annum from April 25, 2014 until the date their respective damages are paid. Lastly, the Judgement awarded Basic, ART, and TCI $1.6 million collectively in attorneys’ fees from Dynex Commercial, Inc.

             
Damages - awarded amount $ 256              
Damages - pre-judgement interest 192              
Damages - total 448              
Awarded attorney fees 1,600              
Dynex Capital, Inc. [Member] | American Reality Trust, Inc. [Member]                
Damages - awarded amount 14,200              
Damages - pre-judgement interest 10,600              
Damages - total 24,800              
Dynex Capital, Inc. [Member] | Transcontinential Realty Investors [Member]                
Damages - awarded amount 11,100              
Damages - pre-judgement interest 8,400              
Damages - total $ 19,500