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CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) (USD $)
In Thousands, except Share data, unless otherwise specified
 3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Revenues:        
Rental and other property revenues $ 0 $ 0 $ 0 $ 0
Expenses:        
Property operating expenses (including $10 and $10 for the three months and $24 and $24 for the six months ended 2014 and 2013, respectively, from related parties) 11 9 28 23
General and administrative (including $57 and $75 for the three months and $121 and $118 for the six months ended 2014 and 2013, respectively, from related parties) 118 213 280 345
Net income fee to related party 56 48 101 104
Advisory fee to related party 178 207 343 412
Total operating expenses 363 477 752 884
Net operating loss (363) (477) (752) (884)
Other income (expenses):        
Interest income from related parties 1,236 1,417 2,369 2,824
Mortgage and loan interest (178) (294) (363) (581)
Total other income 1,058 1,123 2,006 2,243
Net income from continuing operations before tax 695 646 1,254 1,359
Income tax expense 0 0 0 (6)
Net income from continuing operations 695 646 1,254 1,353
Discontinued operations:        
Net loss from discontinued operations 0 0 0 (18)
Gain (loss) on the sale of real estate from discontinued operations 0 0 0 0
Income tax benefit from discontinued operations 0 0 0 6
Net Loss from discontinued operation. 0 0 0 (12)
Net income 695 646 1,254 1,341
Earnings per share - basic        
Net income from continuing operations $ 0.17 $ 0.15 $ 0.30 $ 0.32
Net income from discontinued operations $ 0 $ 0 $ 0 $ 0
Net income applicable to common shares $ 0.17 $ 0.15 $ 0.30 $ 0.32
Earnings per share - diluted        
Net income from continuing operations. $ 0.17 $ 0.15 $ 0.30 $ 0.32
Net income from discontinued operations $ 0 $ 0 $ 0 $ 0
Net income applicable to common shares $ 0.17 $ 0.15 $ 0.30 $ 0.32
Weighted average common shares used in computing earnings per share 4,168,214 4,168,214 4,168,214 4,168,214
Weighted average common shares used in computing diluted earnings per share 4,168,214 4,168,214 4,168,214 4,168,214