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CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2012
Dec. 31, 2011
Assets    
Real estate land holdings, at cost $ 24,511 $ 24,511
Total real estate 24,511 24,511
Notes and interest receivable from related parties 26,295 31,612
Less allowance for doubtful accounts (1,826) (1,826)
Total notes and interest receivable 24,469 29,786
Cash and cash equivalents 11 1
Investments in unconsolidated subsidiaries and investees, subject to sales contract 0 37
Receivable and accrued interest from related parties 59,207 52,160
Other assets 1,506 1,546
Total assets 109,704 108,041
Liabilities:    
Notes and interest payable 28,399 28,588
Deferred gain (from sales to related parties) 5,127 5,127
Accounts payable and other liabilities 115 125
Total Liabilities 33,641 33,840
Commitments and contingencies:      
Shareholders' equity:    
Common stock, $.01 par value, authorized 10,000,000 shares; issued 4,173,675 shares in 2012 and 2011 42 42
Treasury stock at cost, 5,461 in 2012 and 2011 (39) (39)
Paid-in capital 61,955 61,955
Retained earnings 14,105 12,243
Total shareholders' equity 76,063 74,201
Total liabilities and shareholders' equity $ 109,704 $ 108,041