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DISCONTINUED OPERATIONS - Schedule Discontinued Operations (Details) (USD $)
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3 Months Ended | 6 Months Ended | 26 Months Ended | ||
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Jun. 30, 2013
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Jun. 30, 2012
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Jun. 30, 2013
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Jun. 30, 2012
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Jun. 30, 2013
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| Accounting Policies [Abstract] | |||||
| Revenues - real estate | $ 283,966 | $ 1,270,916 | |||
| Cost of sales- real estate | (243,837) | (1,061,320) | |||
| Gross profit | 40,129 | 209,596 | |||
| Operating and other non-operating expenses | (1,302,620) | (30,656) | (91,343) | (1,329,925) | |
| Gain (loss) from discontinued operations | $ 9,473 | $ (1,302,620) | $ 118,253 | $ (1,329,925) | $ (1,391,892) |
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- Details
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- Definition
Reflects for the period the total of the carrying amount of the commercial, industrial and residential land and buildings sold plus certain overhead and other costs incurred to place the real estate in saleable condition, capitalized interest costs in the properties sold, and inventory impairment losses recognized. This element would most likely be used by an entity whose principal activities involve real estate or which has significant real estate operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Total costs of sales and operating expenses for the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of income (loss) from a disposal group, net of income tax before extraordinary items allocable to noncontrolling interests. Includes, net of tax, income (loss) from operations during the phase-out period, gain (loss) on disposal, provision (or any reversals of earlier provisions) for loss on disposal, and adjustments of a prior period gain (loss) on disposal. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Other real estate revenue not otherwise specified in the taxonomy. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The aggregate revenue from real estate operations during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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