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INCOME TAXES - Summary of deferred tax assets and liabilities (Details 2) (USD $)
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Dec. 31, 2013
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Dec. 31, 2012
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| Income Taxes [Line Items] | ||
| Totals | $ 698,000 | |
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Assets
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| Income Taxes [Line Items] | ||
| Net operating loss carry forward | 110,000 | 471,000 |
| Excess of tax basis over book basis of assets associated with real estate interests held for sale | 286,000 | |
| Excess of tax basis over book basis of other investments | 306,000 | 508,000 |
| Totals | 416,000 | 1,265,000 |
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Liabilities
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| Income Taxes [Line Items] | ||
| Excess of book basis of 49% owned corporation over tax basis | 424,000 | 418,000 |
| Unrealized gain on marketable securities | 105,000 | 32,000 |
| Excess of tax basis over book basis of other investments | 104,000 | 117,000 |
| Totals | $ 633,000 | $ 567,000 |