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COMMITMENTS, CONTINGENCIES, AND LIQUIDITY (Details Narrative)
$ in Thousands
1 Months Ended
Jul. 20, 2015
USD ($)
Dec. 31, 2013
USD ($)
Oct. 31, 2011
USD ($)
Sep. 30, 2016
USD ($)
a
Dec. 13, 2013
a
Jan. 31, 2012
USD ($)
Area of land | a       2,754    
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.

     
Notes receivable from the sale of ART           $ 10,000
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 Basic, 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