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COMMITMENTS, CONTINGENCIES, AND LIQUIDITY (Details Narrative) - USD ($)
$ in Thousands
1 Months Ended
Jul. 20, 2015
Jan. 31, 2012
Oct. 31, 2011
Jun. 30, 2018
Notes Payable       $ 147,278
Dynex Capital, Inc.Litigation [Member]        
Damages sought value $ 160,000      
Description of plaintiff

Basic Capital Management, Inc., American Realty Trust, Inc., Transcontinental Realty Investors, Inc., Continental Poydras Corp., Continental Common, Inc. and Continental Baronne, Inc.

     
Description of defendant

Dynex Commercial, Inc.

     
Domicile of litigation

68th Judicial District Court in Dallas County, Texas

     
Description of action taken by court

The Final Judgment entered against Dynex Commercial, Inc. on July 20, 2015 awarded Basic was $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 was $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 was $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 were paid. Lastly, the Judgement awarded Basic, ART, and TCI was $1.6 million collectively in attorneys’ fees from Dynex Commercial, Inc.

     
Unfunded loan commitment $ 160,000      
Awarded attorney fees $ 1,600      
Post-judgment interest rate 5.00%      
Dynex Capital, Inc.Litigation [Member] | Southern Properties Capital LTD [Member]        
Damages - awarded amount $ 11,100      
Damages - pre-judgement interest 8,400      
Damages - total 19,500      
Dynex Capital, Inc.Litigation [Member] | American Reality Trust, Inc. [Member]        
Damages - awarded amount 14,200      
Damages - pre-judgement interest 10,600      
Damages - total 24,800      
Dynex Capital, Inc.Litigation [Member] | Basic Capital Management, Inc. [Member]        
Damages - awarded amount 256      
Damages - pre-judgement interest 192      
Damages - total $ 448      
ART and ART Midwest, Inc. Litigation [Member]        
Damages sought value     $ 74,000  
Actual damages sought value   $ 59,000 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    
UHF Debt Guarantee [Member]        
Loan guarantee amount       $ 39,100