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Note 7 - Liability for Estimated Costs in Excess of Receipts During Liquidation (Tables)
 9 Months Ended
Sep. 30, 2016
Notes Tables  
Liquidation Basis of Accounting, Revenues and Expenses to be Earned or Incurred [Table Text Block]
   
Amount
 
Rents and reimbursements
  $ 6,440,325  
Property operating expenses
    (3,596,704 )
Capital expenditures excluding land development costs and land purchases
     (612,704 )
Land development costs
     (3,154,490 )
Corporate expenditures
(1)
     (7,778,675 )
Estimated real estate selling costs
     (2,817,000 )
Retention bonus payments to Directors
     (1,263,730 )
Retention bonus payments to executives and other employees
     (680,470 )
Less prepaid expenses and other assets
     443,108  
Liability for estimated costs in excess of estimated receipts during liquidation
  $ (13,020,340 )
Liquidation Basis of Accounting, Change in Liability for Estimated Costs in Excess of Estimated Receipts [Table Text Block]
   
January 1,
2016
    
Expenditures/ (Receipts)
    
Remeasurement of Assets and Liabilities
    
September 30,
2016
  
Assets:
                                
Estimated rents and reimbursements
   $ 6,440,325     $ (2,874,829 )   $ 102,313     $ 3,667,809  
Liabilities:
                                
Property operating costs
     (3,596,704 )     1,487,488       (30,310 )     (2,139,526 )
Capital expenditures excluding land development costs and land purchases
     (612,704 )     320,286       (100,000 )     (392,418 )
Land development costs
     (3,154,490 )     770,245       -       (2,384,245 )
Corporate expenditures
     (7,778,675 )     2,467,330       (450,580 )     (5,761,925 )
Selling costs on real estate assets
     (2,817,000 )     979,204       103,196       (1,734,600 )
Retention bonus payments to Directors (a)
     (1,263,730 )     762,351       348,316       (153,063 )
Retention bonus payments to Executives and other employees (a)
     (680,470 )     410,497       187,555       (82,418 )
Less prepaid expenses and other assets
     443,108       (15,271 )     -       427,837  
Liability for estimated costs in excess of estimated receipts during liquidation
   $ (13,020,340 )   $ 4,307,301     $ 160,490     $ (8,552,549 )