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CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Share data, unless otherwise specified
 12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Revenues:      
Rental and other property revenues $ 0 $ 0 $ 0
Expenses:      
Property operating expenses (including $61 and $8 and $15 for the year ended 2012 and 2011 and 2010 respectively from related parties) 67 38 52
General and administrative (including $334 and $260 and $278 for the year ended 2012 and 2011 and 2010 respectively from related parties) 514 500 477
Advisory fee to related party 815 850 866
Total operating expenses 1,396 1,388 1,395
Operating loss (1,396) (1,388) (1,395)
Other income (expense):      
Interest income from related parties 5,183 4,447 4,292
Mortgage and loan interest (1,284) (1,211) (1,116)
Earnings from unconsolidated subsidiaries and investees (37) (52) (3)
Total other income 3,862 3,184 3,173
Income before gain on land sales, non-controlling interest, and taxes 2,466 1,796 1,778
Income from continuing operations before tax 2,466 1,796 1,778
Income tax benefit (expense) (876) (815) 52
Net income from continuing operations 1,590 981 1,830
Discontinued operations:      
Income (loss) from discontinued operations (106) (1,427) 12
Gain on sale of real estate from discontinued operations 0 947 0
Income tax expense (benefit) from discontinued operations 37 168 (4)
Net income $ 1,521 $ 669 $ 1,838
Earnings per share - basic      
Income (loss) from continuing operations Basic $ 0 $ 0 $ 0
Loss from discontinued operations Basic $ (0.02) $ (0.08) $ 0.00
Net income (loss) applicable to common shares Basic $ 0.36 $ 0.16 $ 0.44
Earnings per share - diluted      
Income (loss) from continuing operations Dluted $ 0 $ 0 $ 0
Loss from discontinued operations Diluted $ 0 $ 0 $ 0
Net income (loss) applicable to common shares Diluted $ 0.36 $ 0.16 $ 0.44
Weighted average common share used in computing earnings per share Basic 4,168,214 4,168,214 4,168,214
Weighted average common share used in computing diluted earnings per share Dluted 4,168,214 4,168,214 4,168,214