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Consolidated Statements of Operations (Unaudited) - USD ($)
 3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
REVENUE        
Lease income from capital lease - railroad, net $ 228,750 $ 228,750 $ 686,250 $ 686,250
Rental income 262,851 262,851 788,553 787,279
Misc. income 118 9 10,586 4,976
TOTAL REVENUE 491,719 491,610 1,485,389 1,478,505
EXPENSES        
Amortization of intangible assets 59,285 59,285 177,856 177,856
General and administrative 44,522 38,992 116,956 156,326
Stock-based compensation 53,800 46,544 142,029 150,448
Property tax 2,781 5,472 10,945 16,397
Property acquisition expenses (1,105)
Litigation expenses (see note 5) 138,759 117,586 485,618 241,538
Interest expense 147,259 159,301 378,088 873,332
Unrealized loss on interest rate swap 250,066 189,111
TOTAL EXPENSES 446,406 677,246 1,311,492 1,803,903
NET INCOME (LOSS) 45,313 (185,636) 173,897 (325,398)
Preferred Stock Dividends 69,968 69,968 209,904 209,903
NET LOSS ATTRIBUTABLE TO COMMON SHARES $ (24,655) $ (255,604) $ (36,007) $ (535,301)
Income (Loss) Per Common Share:        
Basic and diluted $ (0.01) $ (0.15) $ (0.02) $ (0.31)
Weighted Average Number of Shares Outstanding:        
Basic and diluted 1,784,750 1,734,210 1,765,378 1,732,595
Cash dividend per Series A Preferred Share $ 0.48 $ 0.48 $ 1.45 $ 1.45