Owens Realty Mortgage (ORM) 10-K 27 Mar 14 2013 FY Annual report Financial data

Document_And_Entity_Informatio

Document And Entity Information (USD $)	12 Months Ended
	Dec. 31, 2013	Mar. 15, 2014	Jul. 01, 2013
Document and Entity Information [Abstract]	'	'	'
Entity Registrant Name	'Owens Realty Mortgage, Inc.	'	'
Document Type	'10-K	'	'
Current Fiscal Year End Date	'--12-31	'	'
Entity Common Stock, Shares Outstanding	'	10,768,000	'
Entity Public Float	'	'	$94,183,000
Amendment Flag	'false	'	'
Entity Central Index Key	'0001556364	'	'
Entity Current Reporting Status	'Yes	'	'
Entity Voluntary Filers	'No	'	'
Entity Filer Category	'Smaller Reporting Company	'	'
Entity Well-known Seasoned Issuer	'No	'	'
Document Period End Date	31-Dec-13	'	'
Document Fiscal Year Focus	'2013	'	'
Document Fiscal Period Focus	'FY	'	'

Consolidated_Balance_Sheets_as

Consolidated Balance Sheets as Recast (USD $)	Dec. 31, 2013		Dec. 31, 2012
Cash and cash equivalents	$8,158,734	[1]	$21,131,505	[1]
Restricted cash	4,095,435	[1]	6,264,110	[1]
Loans, net of allowance for losses of $4,739,088 in 2013 and $24,417,897 in 2012	54,057,205	[1]	45,844,365	[1]
Interest and other receivables	1,673,978	[1]	3,485,061	[1]
Other assets, net of accumulated depreciation and amortization of $976,090 in 2013 and $877,589 in 2012	1,197,683	[1]	1,126,723	[1]
Investment in limited liability company	2,142,582	[1]	2,141,777	[1]
Real estate held for sale	5,890,131	[1]	56,173,094	[1]
Real estate held for investment, net of accumulated depreciation of $9,599,719 in 2013 and $6,518,160 in 2012	129,425,833	[1]	71,600,255	[1]
Total assets	206,641,581	[1]	207,766,890	[1]
Liabilities:	'		'
Dividends payable	180,000	[1]	1,234,352	[1]
Due to Manager	293,776	[1]	298,349	[1]
Accounts payable and accrued liabilities	2,710,745	[1]	4,012,650	[1]
Deferred gains	3,313,169	[1]	1,327,406	[1]
Notes payable	13,917,585	[1]	13,384,902	[1]
Total liabilities	20,415,275	[1]	20,257,659	[1]
Commitments and Contingencies (Note 14)	'	[1]	'	[1]
Stockholders’ equity:	'		'
Preferred stock, $.01 par value per share, 5,000,000 shares authorized, no shares issued and outstanding at December 31, 2013 and 2012	'	[1]	'	[1]
Common stock, $.01 par value per share, 50,000,000 shares authorized, 11,198,119 shares issued, 10,794,209 and 11,198,119 shares outstanding at December 31, 2013 and 2012, respectively	111,981	[1]	111,981	[1]
Additional paid-in capital	182,437,522	[1]	182,985,281	[1]
Treasury stock, at cost – 403,910 shares at December 31, 2013	-5,023,668	[1]	'	[1]
Retained earnings (accumulated deficit)	2,348,575	[1]	-3,637,331	[1]
Total stockholders’ equity	179,874,410	[1]	179,459,931	[1]
Noncontrolling interests	6,351,896	[1]	8,049,300	[1]
Total equity	186,226,306	[1]	187,509,231	[1]
Total liabilities and equity	$206,641,581	[1]	$207,766,890	[1]
[1]	As recast to reflect the balances of Owens Mortgage Investment Fund, LP combined with the balances of Owens Realty Mortgage, Inc. beginning January 1, 2012, as required under the accounting guidelines for a transfer between entities under common control (refer to Note 1).

Consolidated_Balance_Sheets_as1

Consolidated Balance Sheets as Recast (Parentheticals) (USD $)	Dec. 31, 2013		Dec. 31, 2012
Loans secured by trust deeds, allowance for losses (in Dollars)	$4,739,088	[1]	$24,417,897	[1]
Other assets, accumulated amortization (in Dollars)	976,090	[1]	877,589	[1]
Real estate held for investment, accumulated depreciation and amortization (in Dollars)	$9,599,719	[1]	$6,518,160	[1]
Preferred Stock,par value (in Dollars per share)	$0.01	[1]	$0.01	[1]
Preferred stock,authorized shares	5,000,000	[1]	5,000,000	[1]
Preferred stock, shares issued	0	[1]	0	[1]
Preferred stock, shares outstanding	0	[1]	0	[1]
Common stock, par value (in Dollars per share)	$0.01	[1]	$0.01	[1]
Common stock, shares authorized	50,000,000	[1]	50,000,000	[1]
Common stock, shares issued	11,198,119	[1]	11,198,119	[1]
Common stock,shares outstanding	10,794,209	[1]	11,198,119	[1]
Treasury stock, shares outstanding	403,910	[1]	'
[1]	As recast to reflect the balances of Owens Mortgage Investment Fund, LP combined with the balances of Owens Realty Mortgage, Inc. beginning January 1, 2012, as required under the accounting guidelines for a transfer between entities under common control (refer to Note 1).

Consolidated_Statements_of_Ope

Consolidated Statements of Operations as Recast (USD $)	12 Months Ended
	Dec. 31, 2013		Dec. 31, 2012
Revenues:	'		'
Interest income on loans secured by trust deeds	$3,020,884	[1]	$2,567,583	[1]
Gain on foreclosure of loan	952,357	[1]	'	[1]
Rental and other income from real estate properties	11,223,260	[1]	13,237,664	[1]
Income from investment in limited liability company	160,805	[1]	155,741	[1]
Other income	4,406	[1]	5,290	[1]
Total revenues	15,361,712	[1]	15,966,278	[1]
Expenses:	'		'
Management fees to Manager	1,664,076	[1]	1,760,589	[1]
Servicing fees to Manager	151,643	[1]	164,606	[1]
General and administrative expense	1,657,467	[1]	1,421,332	[1]
Rental and other expenses on real estate properties	8,170,318	[1]	10,235,444	[1]
Depreciation and amortization	2,485,587	[1]	2,292,537	[1]
Interest expense	513,750	[1]	523,579	[1]
Environmental remediation expense	'	[1]	100,000	[1]
Reversal of provision for loan losses	-7,822,112	[1]	-124,000	[1]
Impairment losses on real estate properties	666,240	[1]	4,873,266	[1]
Total expenses	7,486,969	[1]	21,247,353	[1]
Operating income (loss)	7,874,743	[1]	-5,281,075	[1]
Gain on sales of real estate, net	2,942,861	[1]	4,111,841	[1]
Net income (loss)	10,817,604	[1]	-1,169,234	[1]
Less: Net income attributable to noncontrolling interests	-2,084,707	[1]	-510,586	[1]
Net income (loss) attributable to common stockholders	$8,732,897		($1,679,820)
Per common share data:	'		'
Basic and diluted earnings (loss) per common share (in Dollars per share)	$0.78	[1]	($0.15)	[1]
Basic and diluted weighted average number of common shares outstanding (in Shares)	11,127,820	[1]	11,198,119	[1]
Dividends declared per share of common stock (in Dollars per share)	$0.25	[1]	$0.17	[1]
[1]	As recast to reflect the balances of Owens Mortgage Investment Fund, LP combined with the balances of Owens Realty Mortgage, Inc. beginning January 1, 2012, as required under the accounting guidelines for a transfer between entities under common control (refer to Note 1).

Consolidated_Statements_of_Sto

Consolidated Statements of Stockholders' Equity as Recast (USD $)		Common Stock [Member]	Additional Paid-in Capital [Member]	Treasury Stock [Member]	Retained Earnings [Member]	Parent [Member]		Noncontrolling Interest [Member]		Total
Balances at Dec. 31, 2011	[1]	$111,981	$180,933,978	'	'	$181,045,959		$17,519,828		$198,565,787
Balances (in Shares) at Dec. 31, 2011	[1]	11,198,119	'	'	'	'		'		'
Net (loss) income	[1]	'	'	'	-1,679,820	-1,679,820		510,586		-1,169,234
Offering costs incurred	[1]	'	-708,464	'	'	-708,464		'		-708,464
Change in ownership interests in consolidated LLC (Note 6)		'	2,759,767	'	'	2,759,767	[1]	-9,959,767	[1]	-7,200,000	[1]
Dividends declared	[1]	'	'	'	-1,957,511	-1,957,511		'		-1,957,511
Partners’ income distributions	[1]	'	'	'	'	'		-21,347		-21,347
Balances at Dec. 31, 2012	[1]	111,981	182,985,281	'	-3,637,331	179,459,931		8,049,300		187,509,231
Balances (in Shares) at Dec. 31, 2012	[1]	11,198,119	'	'	'	'		'		'
Net (loss) income		'	'	'	8,732,897	8,732,897	[1]	2,084,707	[1]	10,817,604	[1]
Offering costs incurred	[1]	'	-527,785	'	'	-527,785		'		-527,785
Distribution to stockholders for fractional shares upon conversion	[1]	'	-19,974	'	'	-19,974		'		-19,974
Dividends declared	[1]	'	'	'	-2,746,991	-2,746,991		'		-2,746,991
Purchase of treasury stock	[1]	'	'	-5,023,668	'	-5,023,668		'		-5,023,668
Purchase of treasury stock (in Shares)	[1]	'	'	-403,910	'	'		'		'
Contribution from non-controlling interest	[1]	'	'	'	'	'		362,593		362,593
Partners’ income distributions	[1]	'	'	'	'	'		-4,144,704		-4,144,704
Balances at Dec. 31, 2013	[1]	$111,981	$182,437,522	($5,023,668)	$2,348,575	$179,874,410		$6,351,896		$186,226,306
Balances (in Shares) at Dec. 31, 2013	[1]	11,198,119	'	-403,910	'	'		'		'
[1]	As recast to reflect the balances of Owens Mortgage Investment Fund, LP combined with the balances of Owens Realty Mortgage, Inc. beginning January 1, 2012, as required under the accounting guidelines for a transfer between entities under common control (refer to Note 1).

Consolidated_Statements_of_Cas

Consolidated Statements of Cash Flows as Recast (USD $)	12 Months Ended
	Dec. 31, 2013		Dec. 31, 2012
Cash flows from operating activities:	'		'
Net income (loss)	$10,817,604	[1]	($1,169,234)	[1]
Adjustments to reconcile net loss to net cash used in operating activities:	'		'
Gain on sales of real estate, net	-2,942,861	[1]	-4,111,841	[1]
Gain on foreclosure of loan	-952,357	[1]	'	[1]
Income from investment in limited liability company	-160,805	[1]	-155,741	[1]
Reversal of provision for loan losses	-7,822,112	[1]	-124,000	[1]
Impairment losses on real estate properties	666,240	[1]	4,873,266	[1]
Depreciation and amortization	2,485,587	[1]	2,292,537	[1]
Changes in operating assets and liabilities:	'		'
Interest and other receivables	407,894	[1]	-856,584	[1]
Other assets	-137,934	[1]	140,668	[1]
Accounts payable and accrued liabilities	-3,059,355	[1]	898,149	[1]
Due to Manager	-4,573	[1]	-30,653	[1]
Net cash (used in) provided by operating activities	-702,672	[1]	1,756,567	[1]
Cash flows from investing activities:	'		'
Principal collected on loans	15,641,192	[1]	5,979,614	[1]
Purchases and investments in loans	-19,718,852	[1]	'	[1]
Investment in real estate properties	-7,919,883	[1]	-7,995,573	[1]
Net proceeds from disposition of real estate properties	11,052,494	[1]	18,214,570	[1]
Purchases of vehicles and equipment	-31,527	[1]	-24,656	[1]
Distribution received from investment in limited liability company	160,000	[1]	154,000	[1]
Transfer from (to) restricted cash, net	2,168,675	[1]	-2,295,110	[1]
Maturities of certificates of deposit	'	[1]	2,990,055	[1]
Investments in certificates of deposit	'	[1]	-996,000	[1]
Net cash provided by investing activities	1,352,099	[1]	16,026,900	[1]
Cash flows from financing activities	'		'
Repayments on note payable	-467,317	[1]	-157,529	[1]
Distributions to noncontrolling interest	-4,144,704	[1]	-21,347	[1]
Contribution from noncontrolling interest	362,593	[1]	'	[1]
Purchase of member’s interest in consolidated LLC	'	[1]	-7,200,000	[1]
Offering costs incurred and paid	-527,785	[1]	-708,464	[1]
Distributions to stockholders for fractional shares	-19,974	[1]	'	[1]
Purchase of treasury stock	-5,023,668	[1]	'	[1]
Dividends paid	-3,801,343	[1]	-796,743	[1]
Net cash used in financing activities	-13,622,198	[1]	-8,884,083	[1]
Net (decrease) increase in cash and cash equivalents	-12,972,771	[1]	8,899,384	[1]
Cash and cash equivalents at beginning of year	21,131,505	[1]	12,232,121	[1]
Cash and cash equivalents at end of year	8,158,734	[1]	21,131,505	[1]
Supplemental Disclosures of Cash Flow Information	'		'
Cash paid during the year for interest (including amounts capitalized)	678,105	[1]	524,267	[1]
Supplemental Disclosure of Non-Cash Activity	'		'
Increase in real estate from loan foreclosures	18,650,121	[1]	1,662,889	[1]
Decrease in loans, net of allowance for loan losses, from loan foreclosures	-15,609,812	[1]	-2,000,000	[1]
Decrease in interest and other receivables from adding balances to loans	-22,880	[1]	'	[1]
Decrease in interest and other receivables from loan foreclosures	-1,380,309	[1]	-306,896	[1]
Decrease in deferred gain from loan foreclosure	'	[1]	644,007	[1]
Increase in loans from sales of real estate	11,900,000	[1]	8,820,000	[1]
Increase in deferred gains from sales of real estate	-2,344,052	[1]	-1,327,406	[1]
Increase in notes payable from purchase of real estate	'	[1]	-3,300,000	[1]
Receivable recorded for sale of golf course (DarkHorse Golf Club, LLC)	'	[1]	1,510,744	[1]
Decrease in non-controlling interest from change in ownership interests	'	[1]	2,759,767	[1]
Change in capital expenditures financed through accounts payable	-1,097,450	[1]	'	[1]
Accounts Payable and Accrued Liabilities [Member]	'		'
Supplemental Disclosure of Non-Cash Activity	'		'
Increase in Liability	-660,000	[1]	'	[1]
Notes Payable, Other Payables [Member]	'		'
Supplemental Disclosure of Non-Cash Activity	'		'
Increase in Liability	($1,000,000)	[1]	'	[1]
[1]	As recast to reflect the balances of Owens Mortgage Investment Fund, LP combined with the balances of Owens Realty Mortgage, Inc. beginning January 1, 2012, as required under the accounting guidelines for a transfer between entities under common control (refer to Note 1).

Note_1_Organization

Note 1 - Organization	12 Months Ended
	Dec. 31, 2013
Disclosure Text Block [Abstract]	'
Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block]	'
	NOTE 1 – ORGANIZATION
	Owens Realty Mortgage, Inc. (the “Company”) was incorporated on August 9, 2012, under the laws of the State of Maryland and was authorized to issue 1,000,000 shares of $0.01 par value common stock at the time of its incorporation. At the time of its incorporation, William C. Owens was issued 1,000 shares of common stock, $.01 par value per share, in exchange for cash consideration of $1.00 per share (for total consideration of $1,000). Per the Articles of Amendment and Restatement of the Company dated January 23, 2013, the authorized shares of common stock were increased to 50,000,000 shares, $0.01 par value per share. In addition, the Company is now authorized to issue 5,000,000 shares of preferred stock at $0.01 par value per share. The Company was created to effect the merger (the “Merger”) of Owens Mortgage Investment Fund, a California Limited Partnership (“OMIF”) with and into the Company as described in the Registration Statement on Form S-4, as amended, of the Company, declared effective on February 12, 2013 (File No. 333-184392). The Merger was part of a plan to reorganize the business operations of OMIF so that it could elect to qualify as a real estate investment trust for Federal income tax purposes. The Merger was approved by OMIF limited partners on April 16, 2013 and was completed on May 20, 2013.
	Upon effectiveness of the Merger, the outstanding 1,000 shares of common stock of the Company held by William C. Owens were cancelled in exchange for $1,000 and every 25 limited partner units of OMIF were converted into one share of common stock of the Company. Additionally, the units representing the general partner interests of Owens Financial Group, Inc. (“OFG”) were treated as follows: i) the 1,496,000 units representing the interest that was an expense of OMIF were cancelled, and ii) the 1,378,256 units representing the interest relating to cash contributions made by OFG to the capital of OMIF were converted into shares of common stock of the Company in the same manner limited partnership units were converted into shares of common stock. No fractional shares were issued in the Merger; instead, cash adjustments were paid in respect of shares otherwise issuable. The Company now, by virtue of the Merger, directly or indirectly owns all of the assets and business formerly owned by OMIF and is a deemed successor issuer to OMIF pursuant to Rule 12g-3(a) under the Securities Exchange Act of 1934, as amended. For accounting purposes, the merger of OMIF with and into the Company has been treated as a transfer of assets and exchange of shares between entities under common control. The accounting basis used to initially record the assets and liabilities in the Company is the carryover basis of OMIF. The consolidated financial statements reflect the extinguishment of OMIF’s partners’ capital and replacement with 11,198,119 shares of common stock and additional paid –in capital as if the Merger occurred on January 1, 2012. In addition, capitalized offering costs incurred during 2012 were reclassified from Other Assets to Additional Paid-in Capital in the accompanying consolidated financial statements.
	The Company intends to elect and qualify to be taxed as a real estate investment trust (“REIT”) under the Internal Revenue Code of 1986, as amended (the “Code”), commencing with the Company’s taxable year ended December 31, 2013. As a REIT, the Company will be permitted to deduct distributions made to its stockholders, allowing its income and gain represented by such distributions to avoid taxation at the entity level and to be taxed generally only at the stockholder level. The Company intends to distribute substantially all of its income and gain. As a REIT, however, the Company will be subject to separate, corporate-level tax, including potential 100% penalty taxes under various circumstances, as well as certain state and local taxes. In addition, the Company’s taxable REIT subsidiaries will be subject to full corporate income tax. Furthermore, the Company’s ability to qualify as a REIT will depend upon its continuing satisfaction of various requirements, such as those related to the diversity of its stock ownership, the nature of its assets, the sources of its income and the distributions to its stockholders, including a requirement that the Company distribute to its stockholders at least 90% of its REIT taxable income on an annual basis (determined without regard to the dividends paid deduction and by excluding net capital gain).

Note_2_Summary_of_Significant_

Note 2 - Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2013
Accounting Policies [Abstract]	'
Significant Accounting Policies [Text Block]	'
	NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
	Basis of Presentation
	The consolidated financial statements include the accounts of the Company and its majority and wholly owned limited liability companies (see Notes 5, 6, 7 and 10). All significant inter-company transactions and balances have been eliminated in consolidation. The Company also has a 50% ownership interest in a limited liability company accounted for under the equity method (see Note 4). The Company is in the business of providing mortgage lending services and manages its business as one operating segment. Due to foreclosure activity, the Company also owns and manages real estate assets.
	Certain reclassifications have been made to the 2012 consolidated financial statements to conform to the 2013 presentation. None of the reclassifications had an impact on net income and the only reclassification that had an effect on stockholders’ equity was the reclassification between other assets and additional paid-in capital for 2012 offering costs discussed previously.
	Management Estimates
	The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting periods. Such estimates relate principally to the determination of the allowance for loan losses, including the valuation of impaired loans, the valuation of real estate held for sale and investment, and the estimate of the environmental remediation liability (see Notes 5, 6, 13 and 14). Fair value estimates are derived from information available in the real estate markets including similar property, and often require the experience and judgment of third parties such as real estate appraisers and brokers. The estimates figure materially in calculating the value of the property at acquisition, the level of charge to the allowance for loan losses and any subsequent valuation reserves or write-downs. Such estimates are inherently imprecise and actual results could differ significantly from such estimates.
	Recently Issued Accounting Standards
	ASU No. 2013-02
	In February 2013, the FASB issued ASU No. 2013-02, “Comprehensive Income (Topic 220): Reporting of Amounts Reclassified Out of Accumulated Other Comprehensive Income”. ASU 2013-02 implements the previously deferred requirement to disclose reclassification adjustments into and out of accumulated other comprehensive income in either a note or on the face of the financial statements. ASU 2013-02 was effective for the first interim or annual period beginning after December 15, 2012, and was applied prospectively. As the Company does not currently have a balance of accumulated other comprehensive income, the adoption of ASU 2013-02 did not have a material impact on the Company’s consolidated financial statements.
	Cash and Cash Equivalents
	Cash and cash equivalents include funds on deposit with financial institutions.
	Restricted Cash
	Restricted cash includes contingency reserves required pursuant to the Company’s charter and escrow deposits for property taxes to be paid on certain Company real estate properties.
	Concentration of Credit Risk
	Financial instruments that potentially subject the Company to concentrations of credit risk consist primarily of cash and cash equivalents and loans. The Company places its cash and cash equivalents with financial institutions and, at times, cash held may exceed the Federal Deposit Insurance Corporation, or “FDIC”, insured limit. The Company has exposure to credit risk on its loans and other investments. The Company’s Manager, OFG, will seek to manage credit risk by performing analysis of underlying collateral assets.
	Loans and Allowance for Loan Losses
	Loans are stated at the principal amount outstanding. The Company’s portfolio consists primarily of real estate loans generally collateralized by first, second and third deeds of trust. Interest income on loans is accrued by the simple interest method. Loans are generally placed on nonaccrual status when the borrowers are past due greater than ninety days or when full payment of principal and interest is not expected. When a loan is classified as nonaccrual, interest accruals discontinue and all past due interest remains accrued until the loan becomes current, is paid off or is foreclosed upon. Interest accruals are resumed on such loans only when they are brought fully current with respect to interest and principal and when, in the judgment of management, the loans are estimated to be fully collectible as to both principal and interest. Cash receipts on nonaccrual loans are used to reduce any outstanding accrued interest, and then are recorded as interest income, except when such payments are specifically designated as principal reduction or when management does not believe the Company’s investment in the loan is fully recoverable. The Company does not incur origination costs and does not earn or collect origination fees from borrowers as OFG is entitled to all such fees (see Note 11).
	Loans and the related accrued interest and advances are analyzed by management on a periodic basis for ultimate recovery. The allowance for loan losses is an estimate of probable credit losses inherent in the Company’s loan portfolio that have been incurred as of the balance-sheet date. The allowance is established through a provision for loan losses which is charged to expense. Additions to the allowance are expected to maintain the adequacy of the total allowance after credit losses and loan growth. Credit exposures determined to be uncollectible are charged against the allowance. Cash received on previously charged off amounts is recorded as a recovery to the allowance. The overall allowance consists of two primary components, specific reserves related to impaired loans that are individually evaluated for impairment and general reserves for inherent losses related to loans that are not considered impaired and are collectively evaluated for impairment.
	Regardless of the loan type, a loan is considered impaired when, based on current information and events, management believes it is probable that the Company will be unable to collect all amounts due, including principal and interest, according to the contractual terms of the original agreement or when the monthly payments are delinquent for more than 90 days on a loan. All loans determined to be impaired are individually evaluated for impairment. When a loan is impaired, management estimates impairment based on the present value of expected future cash flows discounted at the loan's effective interest rate, except that as a practical expedient, it may measure impairment based on a loan's observable market price, or the fair value of the collateral if the loan is collateral dependent. A loan is collateral dependent if the repayment of the loan is expected to be provided solely by the underlying collateral. These valuations are generally updated during the fourth quarter but may be updated during interim periods if deemed appropriate by management.
	A restructuring of a debt constitutes a troubled debt restructuring (“TDR”) if the Company for economic or legal reasons related to the debtor's financial difficulties grants a concession to the debtor that it would not otherwise consider. Restructured loans typically present an elevated level of credit risk as the borrowers are not able to perform according to the original contractual terms. Loans that are reported as TDR’s are considered impaired and measured for impairment as described above.
	The determination of the general reserve for loans that are not considered impaired and are collectively evaluated for impairment is based on estimates made by management, to include, but not limited to, consideration of historical losses by portfolio segment, internal asset classifications, and qualitative factors to include economic trends in the Company’s service areas, industry experience and trends, geographic concentrations, estimated collateral values, the Company’s underwriting policies, the character of the loan portfolio, and probable incurred losses inherent in the portfolio taken as a whole.
	The Company maintains a separate allowance for each portfolio segment (loan type). These portfolio segments include commercial real estate, residential real estate and land loans. The allowance for loan losses attributable to each portfolio segment, which includes both impaired loans that are individually evaluated for impairment and loans that are not considered impaired and are collectively evaluated for impairment, is combined to determine the Company’s overall allowance, which is included on the consolidated balance sheet. The reserve for loans that are not impaired consists of reserve factors that are based on management’s assessment of the following for each portfolio segment: (1) inherent credit risk, (2) historical losses, and (3) other qualitative factors. These reserve factors are inherently subjective and are driven by the repayment risk associated with each portfolio segment described below.
	Commercial and Residential Real Estate Loans – Adverse economic developments or an overbuilt market impact commercial and residential real estate projects and may result in troubled loans. Trends in vacancy rates of properties impact the credit quality of these loans. High vacancy rates reduce operating revenues and the ability for properties to produce sufficient cash flow to service debt obligations.
	Land Loans – These loans generally possess a higher inherent risk of loss than other real estate portfolio segments. A major risk arises from the necessity to complete projects within specified costs and time lines. Trends in the construction industry significantly impact the credit quality of these loans as demand drives construction activity. In addition, trends in real estate values significantly impact the credit quality of these loans, as property values determine the economic viability of construction projects.
	Other Assets
	Other assets primarily include capitalized lease commissions and loan costs, prepaid expenses, deposits and inventory. Amortization of lease commissions is provided on the straight-line method over the lives of the related leases. Amortization of loan costs in 720 University, LLC is provided on the straight-line method through the maturity date of the related debt.
	Rental Income
	The Company leases multifamily rental units under operating leases with terms of generally one year or less. Rental revenue is recognized, net of rental concessions, on a straight-line method over the related lease term. Rental income on commercial property is recognized on a straight-line basis over the term of each operating lease. Recognition of gains on the sale of real estate is dependent upon the transaction meeting certain criteria related to the nature of the property and the terms of the sale including potential seller financing.
	Real Estate Held for Sale
	Real estate held for sale includes real estate acquired in full or partial settlement of loan obligations generally through foreclosure that is being marketed for sale. Real estate held for sale is recorded at acquisition at the property’s estimated fair value less estimated costs to sell. Any excess of the recorded investment in the loan over the net realizable value is charged against the allowance for loan losses. Any excess of the net realizable value over the recorded investment in the loan is credited first to the allowance for loan losses as a recovery to the extent charge-offs had been recorded previously, and then to earnings as gain on foreclosure of loan.
	After acquisition, costs incurred relating to the development and improvement of property are capitalized to the extent they do not cause the recorded value to exceed the net realizable value, whereas costs relating to holding and disposition of the property are expensed as incurred. After acquisition, real estate held for sale is analyzed periodically for changes in fair values and any subsequent write down is charged to impairment losses on real estate properties. Any recovery in the fair value subsequent to such a write down is recorded (not to exceed the net realizable value at acquisition) as an offset to impairment losses on real estate properties. Recognition of gains on the sale of real estate is dependent upon the transaction meeting certain criteria related to the nature of the property and the terms of the sale including potential seller financing.
	Real Estate Held for Investment
	Real estate held for investment includes real estate acquired in full or partial settlement of loan obligations generally through foreclosure that is not being marketed for sale and is either being operated, such as rental properties; is being managed through the development process, including obtaining appropriate and necessary entitlements, permits and construction; or are idle properties awaiting more favorable market conditions or properties the Company cannot sell without jeopardizing REIT status. Real estate held for investment is recorded at acquisition at the property’s estimated fair value, less estimated costs to sell.
	After acquisition, costs incurred relating to the development and improvement of the property are capitalized, whereas costs relating to operating or holding the property are expensed. Subsequent to acquisition, management periodically compares the carrying value of real estate to expected undiscounted future cash flows for the purpose of assessing the recoverability of the recorded amounts. If the carrying value exceeds future undiscounted cash flows, the assets are reduced to estimated fair value.
	Depreciation of real estate properties held for investment is provided on the straight-line method over the estimated remaining useful lives of buildings and improvements (5-39 years). Depreciation of tenant improvements is provided on the straight-line method over the lives of the related leases.
	The Company reclassifies real estate properties from held for investment to held for sale in the period in which all of the following criteria are met: 1) Management commits to a plan to sell the property; 2) The property is available for immediate sale in its present condition; 3) An active program to locate a buyer has been initiated; 4) The sale of the property is probable and the transfer of the property is expected to qualify for recognition as a completed sale, within one year; and 5) Actions required to complete the plan indicate it is unlikely that significant changes to the plan will be made or the plan will be withdrawn.
	If circumstances arise that previously were considered unlikely, and, as a result, the Company decides not to sell a real estate property classified as held for sale, the property is reclassified to held for investment. The property is then measured individually at the lower of its carrying amount, adjusted for depreciation or amortization expense that would have been recognized had the property been continuously classified as held for investment or its fair value at the date of the subsequent decision not to sell.
	Environmental Remediation Liability
	Liabilities related to future environmental remediation costs are recorded when remediation or monitoring or both are probable and the costs can be reasonably estimated. The Company’s environmental remediation liability related to the property located in Santa Clara, California (held within 1850 De La Cruz, LLC – see Note 4) was recorded based on a third party consultant’s estimate of the costs required to remediate and monitor the contamination.
	Earnings per Share
	The Company calculates basic earnings (loss) per share by dividing net income (loss) allocable to common stockholders for the period by the weighted-average shares of common stock outstanding for that period. Diluted earnings (loss) per share takes into effect any dilutive instruments, unless if when doing so such effect would be anti-dilutive. At the present time, the Company has not issued any restricted stock or restricted stock units.
	Income Taxes
	The Company has elected to be taxed as a REIT. As a result of the Company’s expected REIT qualification and its distribution policy, the Company does not generally expect to pay U.S. federal corporate level income taxes. Many of the REIT requirements, however, are highly technical and complex. To qualify as a REIT, the Company must meet a number of organizational and operational requirements, including a requirement that the Company distribute annually at least 90% of the Company’s REIT taxable income to the Company’s stockholders. If the Company has previously qualified as a REIT and fails to qualify as a REIT in any subsequent taxable year and does not qualify for certain statutory relief provisions, the Company will be subject to U.S. federal income taxes at regular corporate rates (including any applicable alternative minimum tax) and may be precluded from qualifying as a REIT for the Company’s four subsequent taxable years. Even if the Company qualifies for taxation as a REIT, the Company may be subject to certain U.S. federal, state, local and foreign taxes on the Company’s income and property and to U.S. federal income and excise taxes on the Company’s undistributed REIT taxable income.
	The Company has elected or may elect to treat certain of its existing or newly created corporate subsidiaries as taxable REIT subsidiaries (each a “TRS”). In general, a TRS of a REIT may hold assets that the REIT cannot hold directly and, subject to certain exceptions related to hotels and healthcare properties, may engage in any real estate or non-real estate related business. A TRS is treated as a regular corporation and is subject to federal, state, local and foreign taxes on its income and property. Lone Star Golf, Inc. is treated as a TRS of the Company.
	ASC 740 prescribes a recognition threshold and measurement attribute for the financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. ASC 740 also provides guidance on derecognition, classification, interest and penalties, accounting in interim periods, disclosure and transition. The Company has analyzed its various federal and state filing positions and believes that its income tax filing positions and deductions are well documented and supported.
	As of December 31, 2013 and 2012, the Company has not recorded a reserve for any uncertain income tax positions. There has been no interest or penalties incurred to date.

Note_3_Loans_and_Allowance_for

Note 3 - Loans and Allowance for Loan Losses	12 Months Ended
	Dec. 31, 2013
Disclosure Text Block Supplement [Abstract]	'
Allowance for Credit Losses [Text Block]	'
	NOTE 3 - LOANS AND ALLOWANCE FOR LOAN LOSSES
	The following tables show the changes in the allowance for loan losses and loans by portfolio segment for the years ended December 31, 2013 and 2012 and the allocation of the allowance for loan losses and loans as of December 31, 2013 and 2012 by portfolio segment and by impairment methodology:
	2013	Commercial			Residential			Land			Total
	Allowance for loan losses:
	Beginning balance	$	1,493,585		$	4,401,448		$	18,522,864		$	24,417,897
	Charge-offs		—			—			(11,856,697	)		(11,856,697	)
	(Reversal) Provision		(560,934	)		(603,245	)		(6,657,933	)		(7,822,112	)
	Ending balance	$	932,651		$	3,798,203		$	8,234		$	4,739,088
	Ending balance: individually evaluated for impairment	$	537,743		$	3,087,345		$	—		$	3,625,088
	Ending balance: collectively evaluated for impairment	$	394,908		$	710,858		$	8,234		$	1,114,000
	Ending balance	$	932,651		$	3,798,203		$	8,234		$	4,739,088
	Loans:
	Ending balance	$	26,158,878		$	27,461,913		$	5,175,502		$	58,796,293
	Ending balance: individually evaluated for impairment	$	16,566,878		$	10,195,725		$	4,975,502		$	31,738,105
	Ending balance: collectively evaluated for impairment	$	9,592,000		$	17,266,188		$	200,000		$	27,058,188
	2012	Commercial			Residential			Land			Total
	Allowance for loan losses:
	Beginning balance	$	2,951,543		$	3,855,281		$	17,735,073		$	24,541,897
	Charge-offs		—			—			—			—
	(Reversal) Provision		(1,457,958	)		546,167			787,791			(124,000	)
	Ending balance	$	1,493,585		$	4,401,448		$	18,522,864		$	24,417,897
	Ending balance: individually evaluated for impairment	$	446,904		$	3,644,129		$	18,522,864		$	22,613,897
	Ending balance: collectively evaluated for impairment	$	1,046,681		$	757,319		$	—		$	1,804,000
	Ending balance	$	1,493,585		$	4,401,448		$	18,522,864		$	24,417,897
	Loans:
	Ending balance	$	21,884,292		$	19,199,631		$	29,178,339		$	70,262,262
	Ending balance: individually evaluated for impairment	$	9,694,292		$	10,379,631		$	29,178,339		$	49,252,262
	Ending balance: collectively evaluated for impairment	$	12,190,000		$	8,820,000		$	—		$	21,010,000
	The following tables show an aging analysis of the loan portfolio by the time monthly payments are past due at December 31, 2013 and 2012:
	December 31, 2013		Loans 30-59 Days Past Due			Loans 60-89 Days Past Due			Loans 90 or More Days Past Due		Total Past Due Loans			Current Loans		Total Loans
	Commercial	$	—		$	690,000		$	5,100,699		$	5,790,699		$	20,368,179	$	26,158,878
	Residential		—			—			10,195,725			10,195,725			17,266,188		27,461,913
	Land		—			—			4,975,502			4,975,502			200,000		5,175,502
		$	—		$	690,000		$	20,271,926		$	20,961,926		$	37,834,367	$	58,796,293
	All of the loans that are 90 or more days past due as listed above were on non-accrual status as of December 31, 2013, in addition to two loans totaling $11,466,179 that are considered impaired as they were restructured during 2013 for a total of $31,738,105 (see below under “Troubled Debt Restructurings”).
	31-Dec-12	Loans 30-59 Days Past Due			Loans 60-89 Days Past Due			Loans 90 or More Days Past Due			Total Past Due Loans			Current Loans		Total Loans
	Commercial	$	—		$	—		$	9,694,292		$	9,694,292		$	12,190,000	$	21,884,292
	Residential		—			—			10,379,631			10,379,631			8,820,000		19,199,631
	Land		—			—			29,178,339			29,178,339			—		29,178,339
		$	—		$	—		$	49,252,262		$	49,252,262		$	21,010,000	$	70,262,262
	All of the loans that are 90 or more days past due as listed above were on non-accrual status as of December 31, 2012.
	The following tables show information related to impaired loans as of and for the years ended December 31, 2013 and 2012:
		As of December 31, 2013									Year Ended December 31, 2013
		Recorded			Unpaid			Related			Average			Interest
		Investment			Principal			Allowance			Recorded			Income
					Balance						Investment			Recognized
	With no related allowance recorded:
	Commercial	$	16,212,899		$	15,488,126		$	—		$	10,880,512		$	704,623
	Residential		2,734,228			2,660,725			—			2,841,401			134,702
	Land		5,017,839			4,975,502			—			4,984,885			259,281
	With an allowance recorded:
	Commercial		1,079,699			1,078,752			537,743			1,079,699			21,000
	Residential		7,983,345			7,535,000			3,087,345			7,983,342			198,100
	Land		—			—			—			8,761,503			—
	Total:
	Commercial	$	17,292,598		$	16,566,878		$	537,743		$	11,960,212		$	725,623
	Residential	$	10,717,573		$	10,195,725		$	3,087,345		$	10,824,743		$	332,802
	Land	$	5,017,839		$	4,975,502		$	—		$	13,746,388		$	259,281
		As of December 31, 2012									Year Ended December 31, 2012
		Recorded			Unpaid			Related			Average			Interest
		Investment			Principal			Allowance			Recorded			Income
					Balance						Investment			Recognized
	With no related allowance recorded:
Commercial	$	9,176,218		$	8,615,540		$	—		$	10,653,120		$	484,769
Residential		2,890,037			2,844,631			—			2,929,735			172,944
Land		4,976,929			4,975,503			—			5,409,605			339,828
With an allowance recorded:
Commercial		1,079,699			1,078,752			446,904			1,079,207			26,969
Residential		7,983,329			7,535,000			3,644,129			7,983,285			240,952
Land		24,707,709			24,202,836			18,522,864			24,616,610			—
Total:
Commercial	$	10,255,917		$	9,694,292		$	446,904		$	11,732,327		$	511,738
Residential	$	10,873,366		$	10,379,631		$	3,644,129		$	10,913,020		$	413,896
Land	$	29,684,638		$	29,178,339		$	18,522,864		$	30,026,215		$	339,828
The recorded investment balances presented in the above tables include amounts advanced in addition to principal on impaired loans (such as property taxes, insurance and legal charges) that are reimbursable by borrowers and are included in interest and other receivables in the accompanying consolidated balance sheets. Interest income recognized on a cash basis for impaired loans approximates the interest income recognized as reflected in the tables above.
Troubled Debt Restructurings
The Company had allocated approximately $3,625,000 and $4,091,000 of specific reserves on loans totaling $25,781,000 and $15,701,000 (recorded investments before reserves) to borrowers whose loan terms had been modified in troubled debt restructurings as of December 31, 2013 and 2012, respectively. The Company has not committed to lend additional amounts to any of these borrowers, other than discussed below.
During the year ended December 31, 2013, the terms of two loans were modified as troubled debt restructurings. One loan was modified to combine all principal, delinquent interest and advances into principal and provide for amortizing payments at a reduced interest rate over an extended maturity of 15 years. The borrower is now delinquent in making payments on this modified loan. Another impaired loan was rewritten by the Company during the year whereby the Company repaid the unrelated first deed of trust on the subject property of approximately $5,899,000 and refinanced its second deed of trust by combining them into one first deed of trust in the amount of $9,625,000 with interest at 10% per annum due in five years. As part of the modification, approximately $659,000 of past due interest on the Company’s original note was paid from the proceeds of the rewritten loan, which was recorded as a discount against the principal balance of the new loan because the loan was impaired (net principal balance of $8,966,000). In addition, the Company loaned the borrower an additional $2,500,000 to fund certain improvements to the property (aggregate principal balance of $11,466,000). Management believes that no specific loan loss allowance is needed on either of these modified loans given the estimated underlying collateral values.
During the year ended December 31, 2012, the terms of certain loans were modified as troubled debt restructurings. The modification of the terms of such loans included one or a combination of the following: an extension of the maturity date for a period of 20 months and a reduction of the stated interest rate of the loan or a reduction in the monthly interest payments due under the loan with all deferred interest due at the extended maturity date (ranging from 12 to 20 months).
The following tables show information related to loan modifications made by the Company during the years ended December 31, 2013 and 2012:
	Modifications
	During the Year Ended December 31, 2013
	Number of			Pre-Modification			Post-Modification
	Contracts			Outstanding			Outstanding
				Recorded Investment			Recorded Investment
Troubled Debt Restructurings That Occurred During the Year
Commercial		1		$	2,638,530		$	8,966,179
Residential		1			272,028			272,028
Troubled Debt Restructurings That Subsequently Defaulted During the Year	Number of			Recorded
	Contracts			Investment
Residential		1		$	272,028
	Modifications
	During the Year Ended December 31, 2012
	Number of			Pre-Modification			Post-Modification
	Contracts			Outstanding			Outstanding
				Recorded Investment			Recorded Investment
Troubled Debt Restructurings That Occurred During the Year
Commercial		1		$	655,485		$	655,485
Residential		1			4,339,200			4,339,200
Land		2			5,367,180			5,367,180
Troubled Debt Restructurings That Subsequently Defaulted During the Year	Number of			Recorded
	Contracts			Investment
Commercial		1		$	632,795

Note_4_Investment_in_Limited_L

Note 4 - Investment in Limited Liability Company	12 Months Ended
	Dec. 31, 2013
Equity Method Investments and Joint Ventures [Abstract]	'
Equity Method Investments and Joint Ventures Disclosure [Text Block]	'
	NOTE 4 – INVESTMENT IN LIMITED LIABILITY COMPANY
	During 2008, the Company entered into an Operating Agreement of 1850 De La Cruz LLC, a California limited liability company (“1850”), with Nanook Ventures LLC (“Nanook”), an unrelated party. The purpose of the joint venture is to acquire, own and operate certain industrial land and buildings located in Santa Clara, California that were owned by the Company. The property was subject to a Purchase and Sale Agreement dated July 24, 2007 (the “Sale Agreement”), as amended, between the Company, as seller, and Nanook, as buyer. During the course of due diligence under the Sale Agreement, it was discovered that the property is contaminated and that remediation and monitoring may be required. The parties agreed to enter into the Operating Agreement to restructure the arrangement as a joint venture. At the time of closing in July 2008, the two properties were separately contributed to two new limited liability companies, Nanook Ventures One LLC and Nanook Ventures Two LLC, which are wholly owned by 1850. The Company and Nanook are the Members of 1850 and NV Manager, LLC is the Manager. (See Note 14 for further discussion of the Company’s environmental remediation obligation with respect to the properties owned by 1850.)
	During the years ended December 31, 2013 and 2012, the Company received capital distributions from 1850 in the total amount of $160,000 and $154,000, respectively. The net income to the Company from its investment in 1850 De La Cruz was approximately $161,000 and $156,000 for the years ended December 31, 2013 and 2012, respectively.

Note_5_Real_Estate_Held_for_Sa

Note 5 - Real Estate Held for Sale	12 Months Ended
	Dec. 31, 2013
Disclosure Text Block [Abstract]	'
Real Estate Owned [Text Block]	'
	NOTE 5 - REAL ESTATE HELD FOR SALE
	Real estate properties held for sale as of December 31, 2013 and 2012 consists properties acquired through foreclosure classified by property type as follows:
		December 31,		December 31,
		2013		2012
	Residential	$	93,647	$	42,458,402
	Land		3,427,200		7,752,836
	Retail		—		5,553,856
	Golf course		1,961,284		—
	Marina		408,000		408,000
		$	5,890,131	$	56,173,094
	During the year ended December 31, 2013, the Company transferred three properties (one land, one retail and one residential) from “Held for sale” to “Held for investment” because the properties are no longer listed for sale and sales are not likely within the next year. In addition, during the year ended December 31, 2013, the Company transferred three properties (two land and one golf course) from “Held for investment” to “Held for sale” as the properties are now listed for sale and sales are expected within the next year.
	2013 Sales Activity
	During the year ended December 31, 2013, the Company sold 45 residential and 2 commercial units located in Oakland, California and held within 1401 on Jackson, LLC via a land sales contract for $11,000,000 ($1,000,000 down with interest only payments at 4.5% interest due monthly with all remaining principal and interest due in one year), resulting in a gain to the Company of approximately $207,000 and deferred gain of approximately $2,073,000. During the fourth quarter of 2013, the buyer/borrower repaid approximately $1,554,000 of the $10,000,000 carryback loan and the obligation was converted to a deed of trust, which resulted in the recognition of additional gain of $233,000 (net of additional closing costs of approximately $89,000).
	During the year ended December 31, 2013, the Company sold a retail complex located in Hilo, Hawaii for $1,950,000 with a $250,000 cash down payment and a $1,700,000 carryback note due in three years with monthly payments of interest only at a starting rate of 5% per annum. The note called for principal pay downs of $125,000 each within 30 and 60 days of issuance of the title policy on the property, both of which were paid by the borrower during the third quarter of 2013. The sale resulted in a gain to the Company of approximately $36,000 and deferred gain of approximately $246,000. An additional gain on sale of approximately $36,000 was recorded by the Company during the third quarter as a result of the principal pay downs.
	During the year ended December 31, 2013, the Company sold ten lots (one including a manufactured home) in the manufactured home subdivision development located in Ione, California for aggregate net sales proceeds of approximately $106,000 resulting in an aggregate net gain to the Company of approximately $28,000.
	During the year ended December 31, 2013, the Company sold the remaining parcel of land held within Dation, LLC for $300,000 with a $100,000 down payment and a $200,000 carryback note with interest only payments at 6% per annum due in one year. The sale resulted in a gain to the Company of approximately $13,000 and deferred gain of approximately $25,000.
	1875 West Mission Blvd., LLC
	1875 West Mission Blvd., LLC (“1875”) is a California limited liability company formed for the purpose of owning 22.41 acres of industrial land located in Pomona, California which was acquired by the Company and PNL Company (who were co-lenders in the subject loan) via foreclosure in August 2011. Pursuant to the Operating Agreement, the Company had a 60% membership interest in 1875 and was entitled to collect approximately $5,078,000 upon the sale of the property after PNL collects any unreimbursed LLC expenses it had paid and $1,019,000 in its default interest at the time of foreclosure. The assets, liabilities, income and expenses of 1875 have been consolidated into the accompanying consolidated balance sheets and statements of operations of the Company. The land was sold during the year ended December 31, 2013 for net sales proceeds of approximately $9,489,000 resulting in gain on sale of $2,174,000. As the Company received its basis in 1875 of $5,078,000 upon sale, after non-controlling interest expense to PNL, there was no net gain or loss to the Company. The non-controlling interest of PNL totaled approximately $(4,000) and $2,001,000 as of December 31, 2013 and 2012, respectively.
	There was no net income or loss to the Company from 1875 for the years ended December 31, 2013 and 2012.
	2012 Sales Activity
	During the year ended December 31, 2012, the Company sold one lot and one manufactured home located in Ione, California for aggregate net sales proceeds of approximately $66,000 resulting in a net gain to the Company of approximately $1,000.
	During the year ended December 31, 2012, all of the improved lots and manufactured rental homes owned by Dation, LLC (“Dation”) were sold for $1,650,000 (comprised of cash of $330,000 and a note from the buyer of $1,320,000) resulting in no gain or loss to the Company. In addition, during the year ended December 31, 2012, the Company paid its joint venture partner a portion of its accrued management fees owed of approximately $147,000 in the form of $50,000 cash and two model homes with a book value of $97,000 as part of a settlement agreement to remove the joint venture partner as a member of Dation. The $1,320,000 note receivable from the sale was then assigned to the Company. The remaining model home was also sold during 2012 for cash of $25,000, resulting in a loss of approximately $12,000.
	During the year ended December 31, 2012, the Company sold the industrial building located in Chico, California for net sales proceeds of approximately $8,514,000 resulting in a gain to the Company of approximately $1,863,000.
	During the year ended December 31, 2012, the Company sold the nineteen condominium units located in San Diego, California held within 33rd Street Terrace, LLC for net sales proceeds of approximately $2,181,000 resulting in a gain to the Company of approximately $555,000.
	During the year ended December 31, 2012, the Company sold the eight townhomes located in Santa Barbara, California held within Anacapa Villas, LLC for net sales proceeds of approximately $2,177,000 and a note carried back of $7,500,000 resulting in a gain to the Company of approximately $442,000 and a deferred gain of approximately $1,327,000.
	During the year ended December 31, 2012, the Company sold the apartment complex located in Ripon, California held within 550 Sandy Lane, LLC for net sales proceeds of approximately $4,979,000 resulting in a gain to the Company of approximately $835,000.
	During the year ended December 31, 2012, the Company sold the golf course located in Auburn, California (including all parcels of land except one of approximately 25 acres) held within DarkHorse for net sales proceeds of approximately $1,513,000 resulting in a loss to the Company of approximately $378,000. The net sales proceeds were not received from the title company until the first business day of January 2013. Thus, they were recorded as a receivable as of December 31, 2012 in the accompanying consolidated balance sheets.
	During the year ended December 31, 2012, the Company recorded the following impairment losses on real estate held for sale based on updated appraisals obtained:
		Year Ended December 31, 2012
	Manufactured home subdivision development, Ione, California	$	100,830
	Golf course, Auburn, California (held within DarkHorse Golf Club, LLC)		328,240
	Marina with 30 boat slips and 11 RV spaces, Oakley, California (held within The Last Resort and Marina, LLC)		24,000
		$	453,070
	2013 Foreclosure Activity
	There was no foreclosure activity during 2013.
	2012 Foreclosure Activity
	During the year ended December 31, 2012, the Company foreclosed on a loan secured by an office/retail complex located in Hilo, Hawaii in the amount of $2,000,000 and obtained the property via the trustee’s sale. In addition, accrued interest and advances made on the loan or incurred as part of the foreclosure (such as legal fees and delinquent property taxes) in the total amount of $306,896 were capitalized to the basis of the property. The Company also had a deferred gain in the amount of approximately $644,000 from the original sale of the property in 2010 that was netted with the basis of the loan at the time of foreclosure. The property was sold during 2013.

Note_6_Real_Estate_Held_for_In

Note 6 - Real Estate Held for Investment	12 Months Ended
	Dec. 31, 2013
Real Estate Held For Investment Disclosure [Abstract]	'
Real Estate Held For Investment Disclosure [Text Block]	'
	NOTE 6 - REAL ESTATE HELD FOR INVESTMENT
	Real estate held for investment as of December 31, 2013 and 2012 consists of properties acquired through foreclosure classified by property type as follows:
		December 31,			December 31,
		2013			2012
	Land (including land under development)	$	46,873,135		$	24,766,280
	Residential		47,037,370			14,547,406
	Retail		15,588,452			11,974,751
	Office		9,348,331			9,657,815
	Industrial		4,605,910			4,656,936
	Storage		3,943,780			4,037,575
	Marina		2,028,855			—
	Golf course		—			1,959,492
		$	129,425,833		$	71,600,255
	The balances of land and the major classes of depreciable property for real estate held for investment as of December 31, 2013 and 2012 are as follows:
		2013			2012
	Land and land improvements	$	73,591,953		$	37,381,547
	Buildings and improvements		65,433,599			40,736,868
			139,025,552			78,118,415
	Less: Accumulated depreciation and amortization		(9,599,719	)		(6,518,160	)
		$	129,425,833		$	71,600,255
	It is the Company’s intent to sell the majority of its real estate properties held for investment, but expected sales are not probable to occur within the next year.
	Depreciation expense was approximately $2,387,000 and $2,060,000 for the years ended December 31, 2013 and 2012, respectively.
	For purposes of assessing potential impairment of value during 2013 and 2012, the Company obtained updated appraisals or other valuation support for certain of its real estate properties held for investment. This resulted in the Company recording impairment losses as follows:
		2013			2012
	75 improved, residential lots, Auburn, California (held within Baldwin Ranch Subdivision, LLC)	$	—		$	31,156
	Undeveloped industrial land, San Jose, California		—			86,400
	Two improved residential lots, West Sacramento, California		13,440			51,840
	Undeveloped, residential land, Coolidge, Arizona		—			38,400
	6 improved residential lots, Coeur D’Alene, Idaho		652,800			372,400
	Unimproved residential and commercial land, Gypsum, Colorado		—			3,840,000
		$	666,240		$	4,420,196
	2013 Sales Activity
	During the year ended December 31, 2013, the Company sold one unit in the office condominium complex located in Roseville, California that is held for investment for net sales proceeds of approximately $409,000 resulting in a net gain to the Company of approximately $216,000.
	2012 Sales Activity
	There were no sales during 2012.
	2013 Foreclosure Activity
	During the year ended December 31, 2013, Brannan Island, LLC (wholly owned by the Company) foreclosed on two loans secured by a marina with 179 boat slips located in Isleton, California with an aggregate principal balance of $1,863,000 and obtained the property via the trustee’s sale. In addition, advances made on the loans or incurred as part of the foreclosures (such as legal fees and delinquent property taxes) in the total amount of approximately $140,000 were capitalized to the basis of the property. The amount capitalized at the time of foreclosure approximated the net fair market value of the property. The property has been classified as held for investment as a sale is not expected within one year.
	During the year ended December 31, 2013, Tahoe Stateline Venture, LLC (“TSV”) (wholly owned by the Company) foreclosed on a loan secured by two undeveloped parcels of land located in South Lake Tahoe, California that were purchased at a discount during the same period with a principal balance of approximately $1,401,000 and obtained the property via the trustee’s sale. In addition, advances made on the loan or incurred as part of the foreclosure (including delinquent property taxes) in the total amount of approximately $335,000 were capitalized to the basis of the property. The fair market value of the land acquired was estimated to be higher than TSV’s basis in the subject loan, and, thus, a gain on foreclosure in the amount of approximately $952,000 was recorded. The property has been classified as held for investment along with several other parcels acquired by TSV during 2012 and 2013 as a sale is not expected within one year. See below under “Tahoe Stateline Venture, LLC”.
	During the year ended December 31, 2013, TSV also foreclosed on three loans secured by first, second and third deeds of trust secured by ten undeveloped parcels of land located in South Lake Tahoe, California with principal balances totaling approximately $22,923,000 (total investment of $25,109,000 including advances made on the loans) and obtained the property via the trustee’s sale. Based on an appraisal dated June 30, 2013, it was determined that the fair value of the property was higher than the Company’s total investment in the loans (including a previously established loan loss allowance of $18,333,000), and a reversal to the provision for loan losses of approximately $6,476,000 was recorded at the time of foreclosure (for a net charge-off of $11,857,000). The property has been classified as held for investment along with several other parcels acquired by TSV during 2012 and 2013 as a sale is not expected within one year. See below under “Tahoe Stateline Venture, LLC”.
	2012 Foreclosure Activity
	There was no foreclosure activity during 2012.
	720 University, LLC
	The Company has an investment in a limited liability company, 720 University, LLC (720 University), which owns a commercial retail property located in Greeley, Colorado. The Company receives 65% of the profits and losses in 720 University after priority return on partner contributions is allocated at the rate of 10% per annum. The assets, liabilities, income and expenses of 720 University have been consolidated into the accompanying consolidated balance sheets and statements of operations of the Company.
	The net income to the Company from 720 University was approximately $203,000 and $275,000 (including depreciation and amortization totaling approximately $433,000 and $441,000) during the years ended December 31, 2013 and 2012, respectively. The non-controlling interest of the joint venture partner of approximately $(15,000) and $(7,000) as of December 31, 2013 and 2012, respectively, is reported in the accompanying consolidated balance sheets. The book value of 720 University’s real property was approximately $11,697,000 and $11,975,000 as of December 31, 2013 and 2012, respectively.
	TOTB Miami, LLC
	Duing 2011, the Company foreclosed on a participated, first mortgage loan secured by a condominium complex located in Miami, Florida with a principal balance to the Company of approximately $26,257,000 and obtained an undivided interest in the properties with the other two lenders (which included OFG, the Manager of the Company, and PRC Treasures, LLC or “PRC”). The Company and the other lenders formed a Florida limited liability company, TOTB Miami, LLC (“TOTB”), to own and operate the complex. The complex consists of three buildings and an undeveloped parcel of land. Two buildings containing 169 unsold condominium units have been renovated. These units are being leased. A third building contains 160 vacant units that have not been renovated.
	In March 2012, the Company made a priority capital contribution to TOTB in the amount of $7,200,000. TOTB then purchased PRC’s member interest in TOTB for $7,200,000. Thus, the remaining members in TOTB are now the Company and OFG. On the same date, the Company and OFG executed an amendment to the TOTB operating agreement to set the percentage of capital held by each at 80.74% for the Company and 19.26% for OFG based on the dollar amount of capital invested in TOTB (excluding Preferred Class A Units discussed below). Income and loss allocations have been made based on these percentages after a 15% preferred return to the Company based on its $2,583,000 contribution to TOTB in 2011 (Preferred Class A Units). The change in capital as a result of the PRC buyout and the amended agreement resulted in an increase to the Company’s capital of approximately $2,760,000, in addition to the $7,200,000 paid to acquire PRC’s interest. The preferred capital of $2,583,000 was returned to the Company as of December 31, 2013 with excess cash held by TOTB and capital contributions of approximately $1,520,000 and $363,000 made by the Company and OFG, respectively. The assets, liabilities, income and expenses of TOTB have been consolidated into the accompanying consolidated balance sheets and statements of operations of the Company. The non-controlling interest of OFG totaled approximately $6,372,000 and $6,055,000 as of December 31, 2013 and 2012, respectively.
	The net income (loss) to the Company from TOTB was approximately $201,000 and $(3,000) (including depreciation of $897,000 and $299,000, respectively) for the year ended December 31, 2013 and 2012, respectively.
	In June 2013, the properties were moved from “Held for sale” to “Held for investment” as they were no longer being marketed and sales were not expected within the next year. The Company is currently pursuing renovations to the vacant building so that this property can be leased or sold in the future and is also attempting to secure financing for the proposed project.
	Tahoe Stateline Venture, LLC
	The Company had made a series of loans with aggregate principal balances totaling approximately $24,203,000 originally secured by first, second and third deeds of trust on 29 parcels of land with entitlements for a 502,267 square foot resort development located in South Lake Tahoe, California known as Chateau at Lake Tahoe, or the Project. Through multiple foreclosures, 16 of the parcels within the development were acquired by lenders who held senior positions to the Company. In December 2012, the Company acquired seven of those parcels for $6,600,000, from the foreclosing lenders, that are contiguous to parcels securing the Company’s loans. The parcel purchases were made through a new wholly-owned subsidiary of the Company, Tahoe Stateline Venture, LLC (“TSV”). TSV paid approximately $5,697,000 in cash for the parcel purchases, including approximately $81,000 in closing costs and $2,316,000 held by the title company to pay delinquent property taxes on the parcels until property reassessments were completed ($1,691,000 in delinquent property taxes paid and $625,000 in excess funds remitted back to TSV in February 2013). The sellers of the parcels also provided financing for the balance of the purchase prices which total $3,300,000 at 5% interest with interest only, semi-annual payments and principal due in December 2016. While these parcels were originally part of the security for the Company’s loans, management had chosen not to advance the funds to acquire the parcels at the foreclosure sales in 2010 and 2011 due to the uncertainty surrounding the Project.
	In addition to the seven parcels purchased in 2012, in February 2013, TSV acquired the senior note for $1,400,000 secured by two adjacent parcels on which it held junior loans. In March 2013, TSV acquired these two parcels via a trustee sale.
	In February 2013, the Company’s beneficial interest in the delinquent loans discussed above was transferred to TSV. In May 2013, TSV foreclosed on all of the remaining deeds of trust secured by ten parcels (not including one parcel where it held a third deed of trust - see below) and gained ownership of the related land.
	In July 2013, TSV advanced $660,000 to obtain a release of a second deed of trust that was senior to TSV’s loan on a single parcel of land located on South Lake Tahoe Blvd. and adjacent to the parcels TSV acquired in the May 2013 foreclosure. In July 2013, TSV foreclosed on this parcel, subject to the existing first loan with a principal balance of $1,000,000 plus accrued interest. In October 2013, the holders of this security agreed to restructure the note by waving the accrued interest in exchange for a $300,000 principal pay down. The new note in the amount of $700,000 is due on August 1, 2017 and requires interest only payments on a quarterly basis at an interest rate of 5%. The holders on this note also agreed to release from their security another parcel of land that TSV had acquired in the May 2013 foreclosure.
	After the final trustee’s sale, TSV owned a total of 20 parcels (now 16 after consolidation of certain parcels covering the same land area) which includes all of the parcels necessary to complete the first phase of the Project and which includes eight of nine parcels fronting U.S. Highway 50 or South Lake Tahoe Blvd. Management made the decision to purchase these parcels and notes in order to protect the Company’s existing investment in the loans by securing controlling ownership of the first phase of the Project. With this control, TSV secured the building permits to construct the first phase of the project consisting of 30,507 square feet of retail space and began construction during 2013. The Company signed a construction contract for the first phase of the Project in the amount of $16,702,000 (including change orders to date). TSV has capitalized approximately $10,214,000 in design, engineering, construction and other related development costs (including legal, consulting, property taxes and interest) as of December 31, 2013.
	In February 2014, TSV entered into a Purchase and Sale Agreement to purchase nine additional parcels of land (and certain related assets) that constitute the balance of parcels in the second phase of the Project and that border the other parcels owned by TSV for $6,000,000 in cash.
	The approximate net income (loss) from Company real estate properties held within wholly-owned limited liability companies and corporation and other investment properties with significant operating results (including gains/losses from sales) for the years ended December 31, 2013 and 2012 were as follows:
		2013			2012
	Anacapa Villas, LLC (sold in 2012)	$	(4,000	)	$	527,000
	Dation, LLC (sold in 2012 and 2013)		7,000			2,000
	DarkHorse Golf Club, LLC (golf course sold in 2012)		(166,000	)		(690,000	)
	Lone Star Golf, Inc.		(99,000	)		(160,000	)
	Baldwin Ranch Subdivision, LLC		(92,000	)		(100,000	)
The Last Resort and Marina, LLC		(22,000	)		(20,000	)
33rd Street Terrace, LLC (sold in 2012)		5,000			645,000
54th Street Condos, LLC		(43,000	)		(356,000	)
Wolfe Central, LLC		397,000			397,000
AMFU, LLC		65,000			18,000
Phillips Road, LLC		108,000			89,000
550 Sandy Lane, LLC (sold in 2012)		2,000			1,024,000
1401 on Jackson, LLC (sold in 2013)		487,000			55,000
Broadway & Commerce, LLC		47,000			88,000
Brannan Island, LLC (foreclosed in 2013)		(55,000	)		—
Light industrial building, Paso Robles, California		146,000			185,000
Undeveloped industrial land, San Jose, California		(114,000	)		(129,000	)
Office condominium complex, Roseville, California (one unit sold in 2013)		128,000			(46,000	)
Storage facility/business, Stockton, California		292,000			291,000
Industrial building, Chico, California (sold in 2012)		1,000			1,694,000
Undeveloped land, Gypsum, Colorado		(156,000	)		(342,000	)

Note_7_Notes_Payable

Note 7 - Notes Payable	12 Months Ended
	Dec. 31, 2013
Disclosure Text Block [Abstract]	'
Mortgage Notes Payable Disclosure [Text Block]	'
	NOTE 7 - NOTES PAYABLE
	The Company has a note payable with a bank through its investment in 720 University (see Note 6), which is secured by the retail development located in Greeley, Colorado. The remaining principal balance on the note was approximately $9,918,000 and $10,085,000 as of December 31, 2013 and 2012, respectively. The note required monthly interest-only payments until March 1, 2010 at a fixed rate of 5.07% per annum. Commencing April 1, 2010, the note became amortizing and monthly payments of $56,816 are now required, with the balance of unpaid principal due on March 1, 2015. Interest expense for the years ended December 31, 2013 and 2012 was approximately $514,000 and $524,000, respectively.
	The Company also has three and two notes payable in the aggregate amount of $4,000,000 and $3,300,000 as of December 31, 2013 and 2012, respectively, related to the foreclosure or purchase of nine parcels by TSV in 2013 and 2012 (see Note 6). Two of the notes with principal balances totaling $3,300,000 at December 31, 2013 require semi-annual interest-only payments of 5% per annum and are due in December 2016 and one note with a principal balance of $700,000 at December 31, 2013 requires quarterly interest-only payments of 5% per annum and is due in August 2017. The Company paid approximately $164,000 of interest on two of the notes during the year ended December 31, 2013. As of December 31, 2013 and 2012, there was approximately $21,000 and $12,000, respectively, in accrued but unpaid interest on these notes. All interest paid/accrued has been capitalized to the basis of the land now under development.
	The following table shows maturities by year on the Company’s notes payable as of December 31, 2013:
	Year ending December 31:
	2014	$	176,122
	2015		9,741,463
	2016		3,300,000
	2017		700,000
		$	13,917,585

Note_8_Stockholders_Equity

Note 8 - Stockholders' Equity	12 Months Ended
	Dec. 31, 2013
Stockholders' Equity Note [Abstract]	'
Stockholders' Equity Note Disclosure [Text Block]	'
	NOTE 8 – STOCKHOLDERS’ EQUITY
	The Company was incorporated on August 9, 2012, under the laws of the State of Maryland and was authorized to issue 1,000,000 shares of $0.01 par value common stock at the time of its incorporation. Per the Articles of Amendment and Restatement of the Company dated January 23, 2013, the authorized shares of common stock were increased to 50,000,000 shares (at $0.01 par value per share). In addition, the Company was authorized to issue 5,000,000 shares of preferred stock at $0.01 par value per share. The Company was created to effect the Merger. The Merger was approved by a requisite vote of OMIF limited partners on April 16, 2013 and was completed on May 20, 2013.
	Per resolutions of the Board of Directors of the Company on August 9, 2012, the Board of Directors authorized the issuance of 1,000 shares of $0.01 par value common stock to William C. Owens in exchange for cash consideration of $1.00 per share (for total consideration of $1,000). Upon effectiveness of the Merger, the outstanding 1,000 shares of common stock of the Company held by William C. Owens were cancelled in exchange for $1,000, and every 25 limited partner units of OMIF were converted into one share of common stock of the Company. Additionally, the units representing the general partner interests of OFG were treated as follows: i) the 1,496,000 units representing the interest that was an expense of OMIF were cancelled, and ii) the 1,378,256 units representing the interest relating to cash contributions made by OFG to the capital of OMIF were converted into shares of common stock of the Company in the same manner limited partnership units were converted into shares of common stock. No fractional shares were issued in the Merger; instead, cash adjustments were paid in respect of shares otherwise issuable.
	On August 9, 2013, the Board of Directors authorized a Rule 10b5-1 stock repurchase plan (the “Repurchase Plan”) under which the Company may buy up to the lesser of $7 million of its common stock or five percent of the shares of common stock outstanding as of that date. Under the Repurchase Plan, repurchases will be funded from available working capital, and the repurchased shares will return to the status of authorized but unissued shares of common stock. A Rule 10b5-1 plan permits the Company to repurchase shares at times when it might otherwise be prevented from doing so. The Repurchase Plan provides for stock repurchases to commence on September 23, 2013, and is subject to certain price, volume and timing constraints specified in the brokerage agreement. There is no guarantee as to the exact number of shares that will be repurchased by the Company. The Repurchase Plan is set to expire on May 19, 2014, although the Company may terminate the Repurchase Plan at any time. As of December 31, 2013, the Company had repurchased 403,910 shares of its common stock for a total cost of approximately $5,024,000 (including commissions) and an average cost of $12.44 per share. The Company repurchased an additional 26,208 shares of its common stock subsequent to December 31, 2013 through March 24, 2014 (settlement date) for a total cost of approximately $325,000 (including commissions).

Note_9_Restricted_Cash

Note 9 - Restricted Cash	12 Months Ended
	Dec. 31, 2013
Loss Contingency [Abstract]	'
Contingencies Disclosure [Text Block]	'
	NOTE 9 – RESTRICTED CASH
	Contingency Reserves
	In accordance with the charter, the Company is required to maintain cash, cash equivalents and marketable securities as contingency reserves in an aggregate amount of 1.50% of Capital as defined in the charter. Although the Manager believes the contingency reserves are adequate, it could become necessary for the Company to sell or otherwise liquidate certain of its investments or other assets to cover such contingencies on terms which might not be favorable to the Company, which could lead to unanticipated losses upon sale of such assets.
	The contingency reserves required per the charter as of December 31, 2013 and 2012 were approximately $3,895,000 and $3,948,000 and are reported as restricted cash in the accompanying consolidated balance sheets. Cash and cash equivalents as of the same dates were accordingly maintained as reserves.
	Escrow Deposits
	Restricted cash includes deposits held in third party escrow accounts to pay property taxes on Company real estate in the amounts of approximately $200,000 and $2,316,000 as of December 31, 2013 and 2012, respectively.

Note_10_Income_Taxes

Note 10 - Income Taxes	12 Months Ended
	Dec. 31, 2013
Income Tax Disclosure [Abstract]	'
Income Tax Disclosure [Text Block]	'
	NOTE 10 - INCOME TAXES
	The Company operates in such a manner as to qualify as a REIT, under the provisions of the Internal Revenue Code of 1986, as amended (the "Code"); therefore, applicable REIT taxable income is included in the taxable income of its shareholders, to the extent distributed by the Company. To maintain REIT status for federal income tax purposes, the Company is generally required to distribute at least 90% of its REIT taxable income to its shareholders as well as comply with certain other qualification requirements as defined under the Code. As a REIT, the Company is not subject to federal corporate income tax to the extent that it distributes 100% of its REIT taxable income each year. During 2013, the Company distributed 100% of its taxable income to its stockholders.
	Taxable income from non-REIT activities managed through the Company's taxable REIT subsidiary (“TRS”) (Lone Star Golf, Inc.) is subject to federal, state and local income taxes. The Company did not record a provision for current income taxes related to its TRS for the year ended December 31, 2013 as it was in a net loss position. Deferred taxes related to temporary differences in book and taxable income as well as net operating losses of the TRS were not significant.

Note_11_Transactions_with_Affi

Note 11 - Transactions with Affiliates	12 Months Ended
	Dec. 31, 2013
Related Party Transactions [Abstract]	'
Related Party Transactions Disclosure [Text Block]	'
	NOTE 11 - TRANSACTIONS WITH AFFILIATES
	OFG is entitled to receive from the Company a management fee of up to 2.75% per annum of the average unpaid balance of the Company’s loans at the end of the twelve months in the calendar year for services rendered as Manager of the Company.
	All of the Company’s loans are serviced by OFG, in consideration for which OFG receives a monthly fee, which, when added to all other fees paid in connection with the servicing of a particular loan, does not exceed the lesser of the customary, competitive fee in the community where the loan is placed for the provision of such mortgage services on that type of loan or up to 0.25% per annum of the unpaid principal balance of the loans.
	OFG, at its sole discretion may, on a monthly basis, adjust the management and servicing fees as long as they do not exceed the allowable limits calculated on an annual basis. Even though the fees for a month may exceed 1/12 of the maximum limits, at the end of the calendar year the sum of the fees collected for each of the 12 months must be equal to or less than the stated limits. Management fees amounted to approximately $1,664,000 and $1,761,000 for the years ended December 31, 2013 and 2012, respectively, and are included in the accompanying consolidated statements of operations. Service fees amounted to approximately $152,000 and $165,000 for the years ended December 31, 2013 and 2012, respectively, and are included in the accompanying consolidated statements of operations. As of December 31, 2013 and 2012, the Company owed management and servicing fees to OFG in the amount of approximately $294,000 and $298,000, respectively.
	The maximum servicing fees were paid to OFG during the years ended December 31, 2013 and 2012. If the maximum management fees had been paid to OFG during the year ended December 31, 2013, the management fees would have been $1,668,000 (increase of $4,000), which would have decreased net income by approximately 0.05%. If the maximum management fees had been paid to OFG during the year ended December 31, 2012, the management fees would have been $1,811,000 (increase of $50,000), which would have increased net loss by approximately 3.0%.
	In determining the management fees to pay to OFG, OFG may consider a number of factors, including current market yields, delinquency experience, uninvested cash and real estate activities. OFG expects that the management fees that it receives from the Company will vary in amount and percentage from period to period. However, due to reduced levels of loans held by the Company during the years ended December 31, 2013 and 2012, OFG has chosen to take close to the maximum compensation that it is able to take pursuant to the Management Agreement and will likely continue to take the maximum compensation for the foreseeable future.
	Pursuant to the Management Agreement, OFG receives all late payment charges from borrowers on loans owned by the Company, with the exception of those loans participated with outside entities. The amounts paid to or collected by OFG for such charges on Company loans totaled approximately $5,000 and $37,000 for the years ended December 31, 2013 and 2012, respectively. In addition, the Company remits other miscellaneous fees to OFG, which are collected from loan payments, loan payoffs or advances from loan principal (i.e. funding, demand and partial release fees). Such fees remitted to OFG totaled approximately $1,000 and $0 for the years ended December 31, 2013 and 2012, respectively.
	OFG originates all loans the Company invests in and receives loan origination fees from borrowers. Such fees earned by OFG amounted to approximately $658,000 and $24,000 on loans originated, rewritten or extended of approximately $18,977,000 and $800,000 for the years ended December 31, 2013 and 2012, respectively. Such fees as a percentage of loans originated, rewritten or extended by the Company were 3.5% and 3.0% for the years ended December 31, 2013 and 2012, respectively. Of such fees, $55,000 is a back end fee and will not be collected by OFG until the subject loan is paid off.
	OFG is reimbursed by the Company for the actual cost of goods, services and materials used for or by the Company and obtained from unaffiliated entities and the salary and related salary expense of OFG’s non-management and non-supervisory personnel performing services for the Company which could be performed by independent parties (subject to certain limitations in the Management Agreement). The amounts reimbursed to OFG by the Company were $742,000 and $664,000 during the years ended December 31, 2013 and 2012, respectively.
	The Company paid Investor’s Yield, Inc. (a wholly owned subsidiary of OFG) approximately $34,000 in trustee’s fees related to certain foreclosure proceedings on Company loans during the year ended December 31, 2013. No such fees were paid during the year ended December 31, 2012.

Note_12_Rental_Income

Note 12 - Rental Income	12 Months Ended
	Dec. 31, 2013
Rental Income [Abstract]	'
Rental Income [Text Block]	'
	NOTE 12 - RENTAL INCOME
	The Company’s real estate properties held for sale and investment are leased to tenants under noncancellable leases with remaining terms ranging from one to thirteen years. Certain of the leases require the tenant to pay all or some operating expenses of the properties. The future minimum rental income from noncancellable operating leases due within the five years subsequent to December 31, 2013, and thereafter is as follows:
	Year ending December 31:
	2014	$	6,059,071
	2015		2,350,896
	2016		1,951,223
	2017		1,440,586
	2018		1,089,273
	Thereafter (through 2026)		2,660,806
		$	15,551,855

Note_13_Fair_Value

Note 13 - Fair Value	12 Months Ended
	Dec. 31, 2013
Fair Value Disclosures [Abstract]	'
Fair Value Disclosures [Text Block]	'
	NOTE 13 - FAIR VALUE
	The Company measures its financial and nonfinancial assets and liabilities pursuant to ASC 820 – Fair Value Measurements and Disclosures. ASC 820 defines fair value, establishes a framework for measuring fair value and expands disclosures about fair value measurements.
	Fair value is defined in ASC 820 as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. ASC 820 also establishes a fair value hierarchy which requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. The standard describes three levels of inputs that may be used to measure fair value:
		Level 1	Quoted prices in active markets for identical assets or liabilities
		Level 2	Observable inputs other than Level 1 prices, such as quoted prices for similar assets of liabilities; quoted prices in active markets that are not active; or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the assets or liabilities
		Level 3	Unobservable inputs that are supported by little or no market activity, such as the Company’s own data or assumptions
	Level 3 inputs include unobservable inputs that are used when there is little, if any, market activity for the asset or liability measured at fair value. In certain cases, the inputs used to measure fair value fall into different levels of the fair value hierarchy. In such cases, the level in which the fair value measurement in its entirety falls is determined based on the lowest level input that is significant to the fair value measurement. Our assessment of the significance of a particular input requires judgment and considers factors specific to the asset or liability being measured.
	Management monitors the availability of observable market data to assess the appropriate classification of financial instruments within the fair value hierarchy. Changes in economic conditions or model-based valuation techniques may require the transfer of financial instruments from one fair value level to another. In such instances, the transfer is reported at the beginning of the reporting period.
	Management evaluates the significance of transfers between levels based upon the nature of the financial instrument and size of the transfer relative to total assets, total liabilities or total earnings.
	The following is a description of the Company’s valuation methodologies used to measure and disclose the fair values of its financial and nonfinancial assets and liabilities on a recurring and nonrecurring basis.
	Impaired Loans
	The Company does not record loans at fair value on a recurring basis. However, from time to time, a loan is considered impaired and an allowance for loan losses is established. A loan is considered impaired when, based on current information and events, it is probable that the Company will be unable to collect all amounts due according to the contractual terms of the loan agreement or when monthly payments are delinquent greater than ninety days. Once a loan is identified as impaired, management measures impairment in accordance with ASC 310-10-35. The fair value of impaired loans is estimated by either an observable market price (if available), the present value of expected cash flows discounted at the note rate or, as a practical expedient, the fair value of the underlying collateral, if collateral dependent. The fair value of the loan’s collateral is determined by third party appraisals, broker price opinions, comparable property sales or other indications of value. Those impaired loans not requiring an allowance represent loans for which the fair value of the collateral exceed the recorded investments in such loans. At December 31, 2013 and 2012, the majority of the total impaired loans were evaluated based on the fair value of the collateral by obtaining third party appraisals that valued the collateral primarily by utilizing an income or market approach or some combination of the two. In accordance with ASC 820, impaired loans where an allowance is established based on the fair value of collateral require classification in the fair value hierarchy. When the fair value of the collateral is based on an observable market price or is determined utilizing an income or market valuation approach based on an appraisal conducted by an independent, licensed appraiser using observable market data, the Company records the impaired loan as nonrecurring Level 2. When an appraised value is not available, management determines the fair value of the collateral is further impaired below the appraised value or there are significant unobservable inputs included in a current appraisal, the Company records the impaired loan as nonrecurring Level 3. Unobservable market data included in appraisals often includes adjustments to comparable property sales for such items as location, size and quality to estimate fair values using a sales comparison approach.  Unobservable market data also includes cash flow assumptions and capitalization rates used to estimate fair values under an income approach.
	Real Estate Held for Sale and Investment
	Real estate held for sale and investment includes properties acquired through foreclosure of the related loans. When property is acquired, any excess of the Company’s recorded investment in the loan and accrued interest income over the estimated fair market value of the property, net of estimated selling costs, is charged against the allowance for credit losses. Subsequently, real estate properties held for sale are carried at the lower of carrying value or fair value less costs to sell. The Company periodically compares the carrying value of real estate held for investment to expected future cash flows as determined by internally or third party generated valuations (including third party appraisals that primarily utilize an income or market approach or some combination of the two) for the purpose of assessing the recoverability of the recorded amounts. If the carrying value exceeds future undiscounted cash flows, the assets are reduced to fair value. As fair value is generally based upon the future undiscounted cash flows, the Company records the impairment on real estate properties as nonrecurring Level 3.  Unobservable market data included in appraisals often includes adjustments to comparable property sales for such items as location, size and quality to estimate fair values using a sales comparison approach.  Unobservable market data also includes cash flow assumptions and capitalization rates used to estimate fair values under an income approach.
	The following table presents information about the Company’s assets and liabilities measured at fair value on a nonrecurring basis as of December 31, 2013 and 2012:
							Fair Value Measurements Using
			Carrying Value				Quoted Prices In Active Markets for Identical Assets				Significant Other Observable Inputs				Significant Unobservable Inputs
							(Level 1)				(Level 2)				(Level 3)
	2013
	Nonrecurring:
	Impaired loans:
	Commercial		$	541,956				—				—			$	541,956
	Residential			4,896,000				—				—				4,896,000
	Total		$	5,437,956				—				—			$	5,437,956
	Real estate properties:
	Commercial		$	408,000				—				—			$	408,000
	Land			433,920				—				—				433,920
	Total		$	841,920				—				—			$	841,920
	2012
	Nonrecurring:
	Impaired loans:
	Commercial		$	632,795				—				—			$	632,795
	Residential			4,339,200				—				—				4,339,200
	Land			6,184,845				—				—				6,184,845
	Total		$	11,156,840				—				—			$	11,156,840
	Real estate properties:
	Commercial		$	2,070,889				—				—			$	2,070,889
	Residential			8,517,932												8,517,932
	Land			15,365,233				—				—				15,365,233
	Total		$	25,954,054				—				—			$	25,954,054
	The (reversal) provision for loan losses (net) based on the fair value of loan collateral less estimated selling costs for the impaired loans above totaled approximately $(466,000) and $322,000 during the years ended December 31, 2013 and 2012, respectively. Impairment losses of approximately $666,000 and $4,873,000 were recorded on the real estate properties above during the years ended December 31, 2013 and 2012, respectively.
	During the years ended December 31, 2013 and 2012, there were no transfers in or out of Levels 1 and 2.
	The following table presents quantitative information about Level 3 fair value measurements for financial instruments measured at fair value on a non-recurring basis at December 31, 2013 and 2012:
	At December 31, 2013:
	Description		Fair Value			Valuation Technique		Significant Unobservable Inputs		Input (Range)
										[Weighted Average]
	Impaired Loans:
	Commercial		$	541,956		Appraisal		Estimate of Future Improvements				13.6%
								Capitalization Rate				6.5%
								Comparable Sales Adjustment			(-59	to	-2.30%	-)
	Residential		$	4,896,000		Appraisal		Capitalization Rate				5.5%
								Comparable Sales Adjustment			(-19.1	to	39%	-)
	Real Estate Properties:
	Commercial		$	408,000		Appraisal		Comparable Sales Adjustment			(-186.2	to	-27.10%	-)
											[-	7.50%	-]
								Capitalization Rate				8.2%
								Estimate of Future Improvements				15.8%
	Land		$	433,920		Appraisal		Comparable Sales Adjustment			(-33.3	to	35.50%	-)
								Estimate of Future Improvements				54.1%
	At December 31, 2012:
	Description		Fair Value			Valuation Technique		Significant Unobservable Inputs		Input (Range)
										[Weighted Average]
	Impaired Loans:
Commercial		$	632,795		Appraisal		Estimate of Future Improvements				13.9%
							Discount Rate				9.5%
Residential		$	4,339,200		Appraisal		Capitalization Rate				6%
Land		$	6,184,845		Appraisal		Comparable Sales Adjustment			(-23	to	33%	-)
							Discounts on Land improvements				66.7%
Real Estate Properties:
Commercial		$	2,070,889		Appraisal		Comparable Sales Adjustment			(-28.5	to	1.50%	-)
										[-	-11.40%	-]
							Capitalization Rate				8.2%
							Estimate of Future Improvements				17.8%
Residential		$	8,517,932		Appraisal		Capitalization Rates				4.5%
							Estimate of Future Improvements				1.6%
Land		$	15,365,233		Appraisal		Comparable Sales Adjustment			(-70.3	to	62.70%	-)
										[-	0.50%	-]
							Discount Rate				25%
							Estimate of Future Improvements				26.6%
Where only one percentage is presented in the above table there was only one unobservable input of that type for one loan or property. Adjustments to comparable sales included items such as market conditions, location, size, condition, access/frontage and intended use.
The approximate carrying amounts and estimated fair values of financial instruments at December 31, 2013 and 2012 are as follows:
							Fair Value Measurements at December 31, 2013
			Carrying Value				Level 1				Level 2				Level 3			Total
Financial assets
Cash and cash equivalents			$	8,159,000			$	8,159,000			$	—			$	—		$	8,159,000
Restricted cash				4,095,000				4,095,000				—				—			4,095,000
Loans, net				54,057,000				—				—				54,602,000			54,602,000
Investment in limited liability company				2,143,000				—				—				2,352,000			2,352,000
Interest and other receivables				1,674,000				—				238,000				1,436,000			1,674,000
Financial liabilities
Due to Manager			$	294,000			$	—			$	294,000			$	—		$	294,000
Accrued interest payable				64,000				—				64,000				—			64,000
Notes payable				13,918,000				—				—				13,960,000			13,960,000
						Fair Value Measurements at December 31, 2012
		Carrying Value				Level 1				Level 2				Level 3			Total
Financial assets
Cash and cash equivalents		$	21,132,000			$	12,232,000			$	—			$	—		$	21,132,000
Restricted cash			6,264,000				6,264,000				—				—			6,264,000
Loans, net			45,844,000				—				—				45,844,000			45,844,000
Investment in limited liability company			2,142,000				—				—				2,217,000			2,217,000
Interest and other receivables			3,485,000				—				1,775,000				1,710,000			3,485,000
Financial liabilities
Due to Manager		$	298,000			$	—			$	298,000			$	—		$	298,000
Accrued interest payable			56,000				—				56,000				—			56,000
Note payable			13,385,000				—				—				13,461,000			13,461,000
The following methods and assumptions were used by the Company in estimating the fair value of each class of financial instruments:
Cash, cash equivalents and restricted cash: The carrying value of cash and cash equivalents and restricted cash approximates the fair value because of the relatively short maturity of these instruments and are classified as Level 1.
Loans, net: The fair value of loans that are not impaired are estimated using discounted cash flow methodology, using discount rates, which, in the opinion of management, best reflect current market interest rates that would be offered for loans with similar characteristics and credit quality. The fair value of loans that are impaired are estimated by the Company primarily through the use of third party appraisals of the underlying collateral. Such appraisals often include unobservable market data including adjustments to comparable property sales for such items as location, size and quality to estimate fair values using a sales comparison approach  and include cash flow assumptions and capitalization rates used to estimate fair values under an income approach.
Investment in limited liability company: The fair value of the Company’s investment in limited liability company is estimated based on an appraisal obtained and is classified as Level 3.
Notes payable: The fair values of the Company’s notes payable are estimated based upon comparable market indicators of current pricing for the same or similar issues or on the current rates offered to the Company for debt of the same remaining maturities resulting in a Level 3 classification.
Other: The carrying values of interest and other receivables, due to Manager and accrued interest payable are estimated to approximate fair values due to the short term nature of these instruments and are classified as Level 2 (except for accrued interest and advances related to loans which are classified as Level 3).

Note_14_Commitments_and_Contin

Note 14 - Commitments and Contingencies	12 Months Ended
	Dec. 31, 2013
Commitments and Contingencies Disclosure [Abstract]	'
Commitments and Contingencies Disclosure [Text Block]	'
	NOTE 14 - COMMITMENTS AND CONTINGENCIES
	Environmental Remediation Obligations
	The Company has an obligation to pay all required costs to remediate and monitor contamination of the real properties owned by 1850. As part of the Operating Agreement executed by the Company and its joint venture partner in 1850, Nanook, the Company has indemnified Nanook against all obligations related to the expected costs to monitor and remediate the contamination. In 2008, the Company had accrued an amount that a third party consultant had estimated will need to be paid to monitor and remediate the site. The majority of clean-up activities were completed during 2012 as part of the tenant’s construction of a new building on the site. Thus, approximately $460,000 was paid by the Company from the previously established liability and an additional $100,000 was accrued during the year ended December 31, 2012 as a result of an updated estimate of future costs to be incurred. If additional amounts are required, it will be an obligation of the Company. As of December 31, 2013 and 2012, approximately $63,000 and $70,000 of this obligation remains accrued on the Company’s books. All costs for this remediation will be paid from cash reserves.
	During the course of due diligence performed by a potential buyer of TOTB during 2012, a low level of arsenic was found in the ground water of a monitoring well located on the property owned by TOTB. While the level of arsenic exceeds the minimum level acceptable for drinking water standards, the water under this property is subject to tidal influence and is not used for domestic consumption. TOTB has retained an environmental consultant to perform additional testing and analysis with the goal of petitioning the appropriate governmental agency to issue a no further action letter for this property due to the low level of contamination and the low quality of the ground water under the property. At this time, the costs of any potential remediation and/or monitoring are unknown and cannot be estimated. As of December 31, 2013, approximately $17,000 is accrued for estimated future costs to perform testing and analysis.
	Contractual Obligations
	The Company has entered into various contracts for design, engineering, permit approval and construction of the land owned by TSV. The aggregate amount of these contracts as of the date of this filing is approximately $18,875,000 of which approximately $7,739,000 has been incurred as of December 31, 2013. All costs for this project will be paid from cash reserves and/or construction financing to be obtained in the future. It is possible that additional change orders will be submitted and construction costs may be higher than expected.
	The Company has also entered into contracts for the initial design, architectural and engineering services related to the possible renovation of the vacant building owned by TOTB in the amount of approximately $250,000 of which approximately $93,000 has been incurred to date.
	In June 2011, 54th Street Condos, LLC (wholly owned by the Company) signed a $2,484,000 construction contract for completion of the remaining condominium units on the property owned by it in Phoenix, Arizona. Construction began during the third quarter of 2011 and was fully completed during the fourth quarter of 2012 in the total amount of approximately $3,204,000 (including all change orders and related construction costs). All costs for this project were paid from cash reserves.
	Legal Proceedings
	The Company is involved in various legal actions arising in the normal course of business. In the opinion of management, such matters will not have a material effect upon the financial position of the Company.

Note_15_Subsequent_Events

Note 15 - Subsequent Events	12 Months Ended
	Dec. 31, 2013
Subsequent Events [Abstract]	'
Subsequent Events [Text Block]	'
	NOTE 15 – SUBSEQUENT EVENTS
	Credit Facility
	On February 10, 2014, the Company entered into a Credit Agreement and Advance Formula Agreement with California Bank & Trust (“CB&T”) as the lender and executed a related Master Revolving Note and Security Agreement, which agreements provide the Company with a new revolving line of credit facility (the “Credit Facility”). Subject to various conditions, borrowings under the Credit Facility will be used for general corporate purposes and to finance the origination of new commercial real estate loans.
	The maximum borrowings under the revolving Credit Facility is the lesser of $20,000,000, which is the face amount of the Master Revolving Note, or the amount determined pursuant to a borrowing base calculation described in the Advance Formula Agreement. At any time that the aggregate principal amount of the total borrowings under the Credit Facility exceeds the maximum permitted pursuant to the borrowing base calculation, the Company must promptly repay an amount equal to such excess.
	Borrowings under the Credit Facility mature on February 5, 2016. Such borrowings will bear interest payable monthly, in arrears, on the first business day of each month, at the prime rate of interest established by CB&T from time-to-time (currently 3.25%) plus one quarter percent (.25%) per annum. Upon a default under the Credit Facility such interest rate increases by 2.00%.
	Borrowings under the Credit Facility will be secured by certain assets of the Company. These collateral assets will include the grant to CB&T of first-priority deeds of trust on certain real property assets and trust deeds of the Company to be identified by the parties from time-to-time and all personal property of the Company, which collateral includes the assets described in the Security Agreement and in other customary “Collateral Agreements” that will be entered into by the parties from time-to-time.
	Loan Foreclosure
	In March 2014, the Company assigned a loan secured by a marina, a campground and land located in Bethel Island, California with a principal balance of approximately $2,960,000 to a new wholly owned subsidiary, Sandmound Marina, LLC. Sandmound Marina, LLC then foreclosed on the loan and obtained the properties via the trustee’s sale.
	Purchase and Sale Agreement
	In February 2014, TSV entered into a Purchase and Sale Agreement to purchase nine additional parcels of land (and certain related assets) that constitute the balance of parcels in the second phase of the Project and that border the other parcels owned by TSV for $6,000,000 in cash.
	Common Stock Dividend
	On March 20, 2014, the Board of Directors declared a quarterly dividend of $0.05 per share of Common Stock for the quarter ending March 31, 2014, which is payable on April 14, 2014 to stockholders of record on March 31, 2014.
	Loan Originations
	During the first quarter of 2014 (through March 24, 2014), the Company originated approximately $7,169,000 in new loans.

Schedule_III_Real_Estate_and_A

Schedule III - Real Estate and Accumulated Depreciation	12 Months Ended
	Dec. 31, 2013
SEC Schedule III, Real Estate and Accumulated Depreciation Disclosure [Abstract]	'
SEC Schedule III, Real Estate and Accumulated Depreciation Disclosure [Text Block]	'
	Description	Encumbrances		Initial Cost		Capitalized		Sales			Impairment			Accumulated				Carrying		Date	Depreciable
						Costs					Writedowns			Depreciation				Value		Acquired	Lives (years)
	169 Condominium Units & 160 Unit Vacant Apartment Building, Miami, Florida	None		$	34,560,000	$	201,879	$	—		$	—		$	(1,744,564	)		$	33,017,315	2/2/11		27.5
	Retail Complex, Greeley, Colorado	$9,917,586			9,307,001		7,405,380		(128,274	)		—			(4,886,622	)			11,697,485	7/31/00	1	-	39
		Note Payable
	Commercial Land under Construction, South Lake Tahoe, California	$4,000,000			24,281,178		10,214,496		—			—			—				34,495,674	Various		N/A
		Notes Payable
	133 Condominium Units, Phoenix, Arizona	None			5,822,597		3,258,479		—			(1,443,790	)		(540,230	)	Note 4		7,097,056	11/18/09	5	-	27.5
	Residential and Commercial Land, Gypsum, Colorado	None			9,600,000		54,418		—			(3,840,000	)		—		Note 5		5,814,418	10/1/11		N/A
	Medical Office Condominium Complex, Gilbert, Arizona	None			5,040,000		121,697		—			—			(390,463	)			4,771,234	5/19/10	5	-	39
	60 Condominium Units, Lakewood, Washington	None			6,616,881		65,502		—			(1,882,384	)		(290,171	)	Note 6		4,509,828	8/20/10		27.5
	Storage Facility, Stockton, California	None			5,674,000		44,745		—			(1,581,844	)		(193,121	)	Note 7		3,943,780	6/3/08	15	-	39
	Office Condominium Complex, Roseville, California	None			8,569,286		303,178		(1,095,670	)		(3,712,707	)		(254,067	)	Note 8		3,810,020	9/26/08	2	-	39
	Retail Building, Sacramento, California	None			3,890,968		—		—			—			—				3,890,968	9/3/10		N/A
	75 Residential Lots, Auburn, California	None			13,746,625		36,745		—			(9,904,826	)		—		Note 9		3,878,544	9/27/07		N/A
	Industrial Building, Sunnyvale, California	None			3,428,885		54,514		—			—			(366,608	)			3,116,791	11/5/09	10	-	39
	12 Condominium & 3 Commercial Units, Tacoma, Washington	None			2,486,400		41,124		—			—			(114,354	)			2,413,170	7/8/11	27.5	-	39
	Marina & Boat Club with 179 Boat Slips, Isleton, California	None			2,002,525		43,745		—			—			(17,415	)			2,028,855	1/29/13	5	-	15
	Undeveloped, Industrial Land, San Jose, California	None			3,025,992		—		—			(1,067,592	)		—		Note 10		1,958,400	12/27/02		N/A
	Golf Course, Auburn, California	None			1,917,981		43,303		—			—			—		Note 11		1,961,284	6/20/09		N/A
	Undeveloped, Commercial Land, Half Moon Bay, California	None			2,059,348		141,230		—			(731,778	)		—		Note 12		1,468,800	5/28/08		N/A
	Miscellaneous Real Estate	None													(802,104	)			5,442,342	Various		Various
	TOTALS													$	(9,599,719	)		$	135,315,964
	NOTE 1: All real estate listed above was acquired through foreclosure or deed in lieu of foreclosure other than the unimproved commercial land located in South Lake Tahoe, California that was purchased in 2012.
	NOTE 2: Changes in real estate held for sale and investment were as follows:
	Balance at beginning of period (1/1/12)	$	145,591,660
	Additions during period:
	Acquisitions through foreclosure		1,662,889
	Investments in real estate properties		11,198,753
	Subtotal		158,453,302
	Deductions during period:
	Cost of real estate properties sold		23,746,204
	Impairment losses on real estate properties		4,873,266
	Depreciation of properties held for investment		2,060,483
	Balance at end of period (12/31/12)	$	127,773,349
	Balance at beginning of period (1/1/13)	$	127,773,349
	Additions during period:
	Acquisitions through foreclosure		19,602,478
	Investments in real estate properties		9,017,333
	Subtotal		156,393,160
	Deductions during period:
	Cost of real estate properties sold		18,023,870
	Impairment losses on real estate properties		666,240
	Depreciation of properties held for investment		2,387,086
	Balance at end of period (12/31/13)	$	135,315,964
	NOTE 3: Changes in accumulated depreciation were as follows:
	Balance at beginning of period (1/1/12)	$	6,458,712
	Additions during period:
	Depreciation expense		2,060,483
	Subtotal		8,519,195
	Deductions during period:
	Accumulated depreciation of real estate sold during 2012		724,406
	Accumulated depreciation on real estate moved to held for sale		1,276,629
	Balance at end of period (12/31/12)	$	6,518,160
	Balance at beginning of period (1/1/13)	$	6,518,160
	Additions during period:
	Depreciation expense		2,387,086
	Previous accumulated depreciation on real estate moved back to held for investment		849,125
	Subtotal		9,754,371
	Deductions during period:
	Accumulated depreciation of real estate sold during 2013		8,663
	Accumulated depreciation on real estate moved to held for sale		145,989
	Balance at end of period (12/31/13)	$	9,599,719
NOTE 4: A write-down of $1,115,660 was recorded on this property during 2011 based on a third party appraisal. Accumulated depreciation of $328,130 was netted with basis at time of write-down and is reflected in write-down amount above.
NOTE 5: A write-down of $3,840,000 was recorded on this property during 2012 based on a third party appraisal.
NOTE 6: A write-down of $1,608,100 was recorded on this property during 2011 based on a third party appraisal. Accumulated depreciation of $274,284 was netted with basis at time of write-down and is reflected in write-down amount above.
NOTE 7: Write-downs totaling $1,183,571 were recorded on this property during 2009 and 2011 based on third party appraisals. Accumulated depreciation of $398,273 was netted with basis at time of write-downs and is reflected in write-down amount above.
NOTE 8: Write-downs totaling $3,712,706 were recorded on this property during 2010 and 2011 based on third party appraisals and comparable sales.
NOTE 9: Write-downs totaling $9,904,826 were recorded on this property during 2009 through 2012 based on broker's opinions of value and third party appraisals.
NOTE 10: Write-downs totaling $1,067,592 were recorded on this property in 2010 through 2012 based on third party appraisals.
NOTE 11: Property was moved to Held for Sale during 2013 and accumulated depreciation up to that time of $145,989 is shown net with the Initial Cost above.
NOTE 12: A write-down of $731,778 was recorded on this property in 2010 based on a third party appraisal.
NOTE 13: The aggregate cost of the above real estate properties for Federal income tax purposes is approximately $198,273,000.

Schedule_IV_Mortgage_Loans_on_

Schedule IV - Mortgage Loans on Real Estate	12 Months Ended
	Dec. 31, 2013
Mortgage Loans on Real Estate [Abstract]	'
Mortgage Loans on Real Estate, by Loan Disclosure [Text Block]	'
	Description	Interest Rate				Final Maturity date		Carrying Amount of Mortgages		Principal Amount of Loans Subject to Delinquent Principal		Principal Amount of Loans Subject to Delinquent Payments
	TYPE OF PROPERTY
	Commercial	5	-	10	%	Current to March 2022		$	26,158,878	$	5,311,946	$	5,100,699
	Residential	4.5	-	11	%	Current to March 2028			27,461,913		9,926,287		10,195,725
	Land	6	-	11	%	Current to December 2014			5,175,502		2,959,500		4,975,502
	TOTAL							$	58,796,293	$	18,197,733	$	20,271,926
	AMOUNT OF LOAN
	$0-500,000	6	-	11	%	Current to March 2028		$	519,438	$	50,000	$	269,438
	$500,001-1,000,000	9	-	11	%	Current			1,841,946		1,841,946		601,946
	$1,000,001-5,000,000	5	-	11	%	Current to March 2022			23,987,542		8,770,787		11,865,542
	Over $5,000,000	4.5	-	11	%	Current to August 2018			32,447,367		7,535,000		7,535,000
	TOTAL							$	58,796,293	$	18,197,733	$	20,271,926
	POSITION OF LOAN
	First	4.5	-	11	%	Current to March 2028		$	52,876,293	$	17,595,787	$	19,669,980
	Second	10	-	11	%	Current to Oct. 2018			5,920,000		601,946		601,946
	TOTAL							$	58,796,293	$	18,197,733	$	20,271,926
	NOTE 1:     All loans are arranged by or acquired from an affiliate of the Company, namely Owens Financial Group, Inc., the Manager.
	NOTE 2:
	Balance at beginning of period (1/1/12)		$	69,421,876
	Additions during period:
	New loans from sales of real estate properties (carry-back financing)			8,820,000
	Subtotal			78,241,876
	Deductions during period:
	Collection of principal			5,979,614
	Foreclosures			2,000,000
	Balance at end of period (12/31/12)		$	70,262,262
	Balance at beginning of period (1/1/13)		$	70,262,262
	Additions during period:
	New loans, including loans from sales of real estate properties			31,618,852
	Advances moved to principal of loan			22,880
	Subtotal			101,903,994
	Deductions during period:
	Collection of principal			15,641,192
	Foreclosures			27,466,509
	Balance at end of period (12/31/13)		$	58,796,293
	NOTE 3: Included in the above loans are the following loans which exceed 3% of the total loans as of December 31, 2013:
	Description		Interest Rate				Final Maturity Date		Periodic Payment Terms	Prior Liens			Face Amount of Mortgages		Carrying Amount of Mortgages		Principal Amount of Loans Subject to Delinquent Principal or Interest
	Assisted Living Facility Bensalem, Pennsylvania (2 Notes)		9	and	11	%	4/30/08 and 10/3/08		Interest only, balance due at maturity	$	0		$	20,810,000	$	4,021,946	$	4,021,946
	Mixed Commercial Buildings (Office) Oakland, California (2 Notes)			10		%	8/1/18 and 10/1/18		Interest only, balance due at maturity		0			11,466,179		11,466,179		0
	Condominiums Phoenix, Arizona			11		%	7/1/09		Interest only, balance due at maturity		0			7,535,000		4,447,655		4,447,655
																Note 5
	8 Luxury Townhomes Santa Barbara, California			6.5		%	12/1/14		Interest only, balance due at maturity		0			7,500,000		7,500,000		0
																Note 6
	Condominium and Commercial Units Oakland, California			4.5		%	5/8/14		Interest only, balance due at maturity		0			10,000,000		8,446,188		0
																Note 7
	Land and Marina Bethel Island, California			11		%	6/1/09		Interest only, balance due at maturity		0			3,030,000		2,959,500		2,959,500
	Office Building San Francisco, California			7.875		%	12/1/14		Interest only, balance due at maturity		0			2,940,000		2,940,000		0
	Condominiums Salt Lake City, Utah			10.5		%	1/30/09		Interest only, balance due at maturity		0			6,410,000		2,391,287		2,391,287
	Land Skagit, Washington			8		%	4/27/14		Interest only, balance due at maturity		0			3,500,000		2,016,003		2,016,003
	TOTALS									$	0		$	73,191,179	$	46,188,758	$	15,836,391
	NOTE 4: The aggregate cost of the Company’s loans for Federal income tax purposes is approximately $59,455,000 as of December 31, 2013.
	NOTE 5: A third party appraisal was obtained on this loan’s underlying property resulting in a specific loan loss allowance of $3,087,345 as of December 31, 2013.
	NOTE 6: Note carried back upon the sale of Anacapa Villas, LLC real estate in December 2012. Interest rate increased to 7.5% on January 1, 2014.
	NOTE 7: Note carried back upon the sale of 1401 on Jackson, LLC real estate in May 2013. Note was originally a land sale contract and was converted into a deed of trust along with a principal repayment of $1,553,812 in the 4th quarter of 2013.

Accounting_Policies_by_Policy_

Accounting Policies, by Policy (Policies)	12 Months Ended
	Dec. 31, 2013
Accounting Policies [Abstract]	'
Basis of Accounting, Policy [Policy Text Block]	'
	Basis of Presentation
	The consolidated financial statements include the accounts of the Company and its majority and wholly owned limited liability companies (see Notes 5, 6, 7 and 10). All significant inter-company transactions and balances have been eliminated in consolidation. The Company also has a 50% ownership interest in a limited liability company accounted for under the equity method (see Note 4). The Company is in the business of providing mortgage lending services and manages its business as one operating segment. Due to foreclosure activity, the Company also owns and manages real estate assets.
	Certain reclassifications have been made to the 2012 consolidated financial statements to conform to the 2013 presentation. None of the reclassifications had an impact on net income and the only reclassification that had an effect on stockholders’ equity was the reclassification between other assets and additional paid-in capital for 2012 offering costs discussed previously.
Use of Estimates, Policy [Policy Text Block]	'
	Management Estimates
	The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting periods. Such estimates relate principally to the determination of the allowance for loan losses, including the valuation of impaired loans, the valuation of real estate held for sale and investment, and the estimate of the environmental remediation liability (see Notes 5, 6, 13 and 14). Fair value estimates are derived from information available in the real estate markets including similar property, and often require the experience and judgment of third parties such as real estate appraisers and brokers. The estimates figure materially in calculating the value of the property at acquisition, the level of charge to the allowance for loan losses and any subsequent valuation reserves or write-downs. Such estimates are inherently imprecise and actual results could differ significantly from such estimates.
New Accounting Pronouncements, Policy [Policy Text Block]	'
	Recently Issued Accounting Standards
	ASU No. 2013-02
	In February 2013, the FASB issued ASU No. 2013-02, “Comprehensive Income (Topic 220): Reporting of Amounts Reclassified Out of Accumulated Other Comprehensive Income”. ASU 2013-02 implements the previously deferred requirement to disclose reclassification adjustments into and out of accumulated other comprehensive income in either a note or on the face of the financial statements. ASU 2013-02 was effective for the first interim or annual period beginning after December 15, 2012, and was applied prospectively. As the Company does not currently have a balance of accumulated other comprehensive income, the adoption of ASU 2013-02 did not have a material impact on the Company’s consolidated financial statements.
Cash and Cash Equivalents, Policy [Policy Text Block]	'
	Cash and Cash Equivalents
	Cash and cash equivalents include funds on deposit with financial institutions.
	Restricted Cash
	Restricted cash includes contingency reserves required pursuant to the Company’s charter and escrow deposits for property taxes to be paid on certain Company real estate properties.
Concentration Risk, Credit Risk, Policy [Policy Text Block]	'
	Concentration of Credit Risk
	Financial instruments that potentially subject the Company to concentrations of credit risk consist primarily of cash and cash equivalents and loans. The Company places its cash and cash equivalents with financial institutions and, at times, cash held may exceed the Federal Deposit Insurance Corporation, or “FDIC”, insured limit. The Company has exposure to credit risk on its loans and other investments. The Company’s Manager, OFG, will seek to manage credit risk by performing analysis of underlying collateral assets.
Loans and Leases Receivable, Allowance for Loan Losses Policy [Policy Text Block]	'
	Loans and Allowance for Loan Losses
	Loans are stated at the principal amount outstanding. The Company’s portfolio consists primarily of real estate loans generally collateralized by first, second and third deeds of trust. Interest income on loans is accrued by the simple interest method. Loans are generally placed on nonaccrual status when the borrowers are past due greater than ninety days or when full payment of principal and interest is not expected. When a loan is classified as nonaccrual, interest accruals discontinue and all past due interest remains accrued until the loan becomes current, is paid off or is foreclosed upon. Interest accruals are resumed on such loans only when they are brought fully current with respect to interest and principal and when, in the judgment of management, the loans are estimated to be fully collectible as to both principal and interest. Cash receipts on nonaccrual loans are used to reduce any outstanding accrued interest, and then are recorded as interest income, except when such payments are specifically designated as principal reduction or when management does not believe the Company’s investment in the loan is fully recoverable. The Company does not incur origination costs and does not earn or collect origination fees from borrowers as OFG is entitled to all such fees (see Note 11).
	Loans and the related accrued interest and advances are analyzed by management on a periodic basis for ultimate recovery. The allowance for loan losses is an estimate of probable credit losses inherent in the Company’s loan portfolio that have been incurred as of the balance-sheet date. The allowance is established through a provision for loan losses which is charged to expense. Additions to the allowance are expected to maintain the adequacy of the total allowance after credit losses and loan growth. Credit exposures determined to be uncollectible are charged against the allowance. Cash received on previously charged off amounts is recorded as a recovery to the allowance. The overall allowance consists of two primary components, specific reserves related to impaired loans that are individually evaluated for impairment and general reserves for inherent losses related to loans that are not considered impaired and are collectively evaluated for impairment.
	Regardless of the loan type, a loan is considered impaired when, based on current information and events, management believes it is probable that the Company will be unable to collect all amounts due, including principal and interest, according to the contractual terms of the original agreement or when the monthly payments are delinquent for more than 90 days on a loan. All loans determined to be impaired are individually evaluated for impairment. When a loan is impaired, management estimates impairment based on the present value of expected future cash flows discounted at the loan's effective interest rate, except that as a practical expedient, it may measure impairment based on a loan's observable market price, or the fair value of the collateral if the loan is collateral dependent. A loan is collateral dependent if the repayment of the loan is expected to be provided solely by the underlying collateral. These valuations are generally updated during the fourth quarter but may be updated during interim periods if deemed appropriate by management.
	A restructuring of a debt constitutes a troubled debt restructuring (“TDR”) if the Company for economic or legal reasons related to the debtor's financial difficulties grants a concession to the debtor that it would not otherwise consider. Restructured loans typically present an elevated level of credit risk as the borrowers are not able to perform according to the original contractual terms. Loans that are reported as TDR’s are considered impaired and measured for impairment as described above.
	The determination of the general reserve for loans that are not considered impaired and are collectively evaluated for impairment is based on estimates made by management, to include, but not limited to, consideration of historical losses by portfolio segment, internal asset classifications, and qualitative factors to include economic trends in the Company’s service areas, industry experience and trends, geographic concentrations, estimated collateral values, the Company’s underwriting policies, the character of the loan portfolio, and probable incurred losses inherent in the portfolio taken as a whole.
	The Company maintains a separate allowance for each portfolio segment (loan type). These portfolio segments include commercial real estate, residential real estate and land loans. The allowance for loan losses attributable to each portfolio segment, which includes both impaired loans that are individually evaluated for impairment and loans that are not considered impaired and are collectively evaluated for impairment, is combined to determine the Company’s overall allowance, which is included on the consolidated balance sheet. The reserve for loans that are not impaired consists of reserve factors that are based on management’s assessment of the following for each portfolio segment: (1) inherent credit risk, (2) historical losses, and (3) other qualitative factors. These reserve factors are inherently subjective and are driven by the repayment risk associated with each portfolio segment described below.
Commercial Real Estate and Condominiums [Policy Text Block]	'
	Commercial and Residential Real Estate Loans – Adverse economic developments or an overbuilt market impact commercial and residential real estate projects and may result in troubled loans. Trends in vacancy rates of properties impact the credit quality of these loans. High vacancy rates reduce operating revenues and the ability for properties to produce sufficient cash flow to service debt obligations.
Improved and Unimproved Land [Policy Text Block]	'
	Land Loans – These loans generally possess a higher inherent risk of loss than other real estate portfolio segments. A major risk arises from the necessity to complete projects within specified costs and time lines. Trends in the construction industry significantly impact the credit quality of these loans as demand drives construction activity. In addition, trends in real estate values significantly impact the credit quality of these loans, as property values determine the economic viability of construction projects.
Other Assets [Policy Text Block]	'
	Other Assets
	Other assets primarily include capitalized lease commissions and loan costs, prepaid expenses, deposits and inventory. Amortization of lease commissions is provided on the straight-line method over the lives of the related leases. Amortization of loan costs in 720 University, LLC is provided on the straight-line method through the maturity date of the related debt.
Revenue Recognition, Policy [Policy Text Block]	'
	Rental Income
	The Company leases multifamily rental units under operating leases with terms of generally one year or less. Rental revenue is recognized, net of rental concessions, on a straight-line method over the related lease term. Rental income on commercial property is recognized on a straight-line basis over the term of each operating lease. Recognition of gains on the sale of real estate is dependent upon the transaction meeting certain criteria related to the nature of the property and the terms of the sale including potential seller financing.
Real Estate Held for Development and Sale, Policy [Policy Text Block]	'
	Real Estate Held for Sale
	Real estate held for sale includes real estate acquired in full or partial settlement of loan obligations generally through foreclosure that is being marketed for sale. Real estate held for sale is recorded at acquisition at the property’s estimated fair value less estimated costs to sell. Any excess of the recorded investment in the loan over the net realizable value is charged against the allowance for loan losses. Any excess of the net realizable value over the recorded investment in the loan is credited first to the allowance for loan losses as a recovery to the extent charge-offs had been recorded previously, and then to earnings as gain on foreclosure of loan.
	After acquisition, costs incurred relating to the development and improvement of property are capitalized to the extent they do not cause the recorded value to exceed the net realizable value, whereas costs relating to holding and disposition of the property are expensed as incurred. After acquisition, real estate held for sale is analyzed periodically for changes in fair values and any subsequent write down is charged to impairment losses on real estate properties. Any recovery in the fair value subsequent to such a write down is recorded (not to exceed the net realizable value at acquisition) as an offset to impairment losses on real estate properties. Recognition of gains on the sale of real estate is dependent upon the transaction meeting certain criteria related to the nature of the property and the terms of the sale including potential seller financing.
Real Estate, Policy [Policy Text Block]	'
	Real Estate Held for Investment
	Real estate held for investment includes real estate acquired in full or partial settlement of loan obligations generally through foreclosure that is not being marketed for sale and is either being operated, such as rental properties; is being managed through the development process, including obtaining appropriate and necessary entitlements, permits and construction; or are idle properties awaiting more favorable market conditions or properties the Company cannot sell without jeopardizing REIT status. Real estate held for investment is recorded at acquisition at the property’s estimated fair value, less estimated costs to sell.
	After acquisition, costs incurred relating to the development and improvement of the property are capitalized, whereas costs relating to operating or holding the property are expensed. Subsequent to acquisition, management periodically compares the carrying value of real estate to expected undiscounted future cash flows for the purpose of assessing the recoverability of the recorded amounts. If the carrying value exceeds future undiscounted cash flows, the assets are reduced to estimated fair value.
	Depreciation of real estate properties held for investment is provided on the straight-line method over the estimated remaining useful lives of buildings and improvements (5-39 years). Depreciation of tenant improvements is provided on the straight-line method over the lives of the related leases.
	The Company reclassifies real estate properties from held for investment to held for sale in the period in which all of the following criteria are met: 1) Management commits to a plan to sell the property; 2) The property is available for immediate sale in its present condition; 3) An active program to locate a buyer has been initiated; 4) The sale of the property is probable and the transfer of the property is expected to qualify for recognition as a completed sale, within one year; and 5) Actions required to complete the plan indicate it is unlikely that significant changes to the plan will be made or the plan will be withdrawn.
	If circumstances arise that previously were considered unlikely, and, as a result, the Company decides not to sell a real estate property classified as held for sale, the property is reclassified to held for investment. The property is then measured individually at the lower of its carrying amount, adjusted for depreciation or amortization expense that would have been recognized had the property been continuously classified as held for investment or its fair value at the date of the subsequent decision not to sell.
Environmental Costs, Policy [Policy Text Block]	'
	Environmental Remediation Liability
	Liabilities related to future environmental remediation costs are recorded when remediation or monitoring or both are probable and the costs can be reasonably estimated. The Company’s environmental remediation liability related to the property located in Santa Clara, California (held within 1850 De La Cruz, LLC – see Note 4) was recorded based on a third party consultant’s estimate of the costs required to remediate and monitor the contamination.
Earnings Per Share, Policy [Policy Text Block]	'
	Earnings per Share
	The Company calculates basic earnings (loss) per share by dividing net income (loss) allocable to common stockholders for the period by the weighted-average shares of common stock outstanding for that period. Diluted earnings (loss) per share takes into effect any dilutive instruments, unless if when doing so such effect would be anti-dilutive. At the present time, the Company has not issued any restricted stock or restricted stock units.

Note_3_Loans_and_Allowance_for1

Note 3 - Loans and Allowance for Loan Losses (Tables)	12 Months Ended
	Dec. 31, 2013
Note 3 - Loans and Allowance for Loan Losses (Tables) [Line Items]	'
Past Due Financing Receivables [Table Text Block]	'
	December 31, 2013		Loans 30-59 Days Past Due			Loans 60-89 Days Past Due			Loans 90 or More Days Past Due		Total Past Due Loans			Current Loans		Total Loans
	Commercial	$	—		$	690,000		$	5,100,699		$	5,790,699		$	20,368,179	$	26,158,878
	Residential		—			—			10,195,725			10,195,725			17,266,188		27,461,913
	Land		—			—			4,975,502			4,975,502			200,000		5,175,502
		$	—		$	690,000		$	20,271,926		$	20,961,926		$	37,834,367	$	58,796,293
	31-Dec-12	Loans 30-59 Days Past Due			Loans 60-89 Days Past Due			Loans 90 or More Days Past Due			Total Past Due Loans			Current Loans		Total Loans
	Commercial	$	—		$	—		$	9,694,292		$	9,694,292		$	12,190,000	$	21,884,292
	Residential		—			—			10,379,631			10,379,631			8,820,000		19,199,631
	Land		—			—			29,178,339			29,178,339			—		29,178,339
		$	—		$	—		$	49,252,262		$	49,252,262		$	21,010,000	$	70,262,262
Impaired Financing Receivables [Table Text Block]	'
		As of December 31, 2013									Year Ended December 31, 2013
		Recorded			Unpaid			Related			Average			Interest
		Investment			Principal			Allowance			Recorded			Income
					Balance						Investment			Recognized
	With no related allowance recorded:
	Commercial	$	16,212,899		$	15,488,126		$	—		$	10,880,512		$	704,623
	Residential		2,734,228			2,660,725			—			2,841,401			134,702
	Land		5,017,839			4,975,502			—			4,984,885			259,281
	With an allowance recorded:
	Commercial		1,079,699			1,078,752			537,743			1,079,699			21,000
	Residential		7,983,345			7,535,000			3,087,345			7,983,342			198,100
	Land		—			—			—			8,761,503			—
	Total:
	Commercial	$	17,292,598		$	16,566,878		$	537,743		$	11,960,212		$	725,623
	Residential	$	10,717,573		$	10,195,725		$	3,087,345		$	10,824,743		$	332,802
	Land	$	5,017,839		$	4,975,502		$	—		$	13,746,388		$	259,281
		As of December 31, 2012									Year Ended December 31, 2012
		Recorded			Unpaid			Related			Average			Interest
		Investment			Principal			Allowance			Recorded			Income
					Balance						Investment			Recognized
	With no related allowance recorded:
	Commercial	$	9,176,218		$	8,615,540		$	—		$	10,653,120		$	484,769
	Residential		2,890,037			2,844,631			—			2,929,735			172,944
	Land		4,976,929			4,975,503			—			5,409,605			339,828
	With an allowance recorded:
	Commercial		1,079,699			1,078,752			446,904			1,079,207			26,969
	Residential		7,983,329			7,535,000			3,644,129			7,983,285			240,952
	Land		24,707,709			24,202,836			18,522,864			24,616,610			—
	Total:
	Commercial	$	10,255,917		$	9,694,292		$	446,904		$	11,732,327		$	511,738
	Residential	$	10,873,366		$	10,379,631		$	3,644,129		$	10,913,020		$	413,896
	Land	$	29,684,638		$	29,178,339		$	18,522,864		$	30,026,215		$	339,828
By Segment [Member]	'
Note 3 - Loans and Allowance for Loan Losses (Tables) [Line Items]	'
Allowance for Credit Losses on Financing Receivables [Table Text Block]	'
	2013	Commercial			Residential			Land			Total
	Allowance for loan losses:
	Beginning balance	$	1,493,585		$	4,401,448		$	18,522,864		$	24,417,897
	Charge-offs		—			—			(11,856,697	)		(11,856,697	)
	(Reversal) Provision		(560,934	)		(603,245	)		(6,657,933	)		(7,822,112	)
	Ending balance	$	932,651		$	3,798,203		$	8,234		$	4,739,088
	Ending balance: individually evaluated for impairment	$	537,743		$	3,087,345		$	—		$	3,625,088
	Ending balance: collectively evaluated for impairment	$	394,908		$	710,858		$	8,234		$	1,114,000
	Ending balance	$	932,651		$	3,798,203		$	8,234		$	4,739,088
	Loans:
	Ending balance	$	26,158,878		$	27,461,913		$	5,175,502		$	58,796,293
	Ending balance: individually evaluated for impairment	$	16,566,878		$	10,195,725		$	4,975,502		$	31,738,105
	Ending balance: collectively evaluated for impairment	$	9,592,000		$	17,266,188		$	200,000		$	27,058,188
	2012	Commercial			Residential			Land			Total
	Allowance for loan losses:
	Beginning balance	$	2,951,543		$	3,855,281		$	17,735,073		$	24,541,897
	Charge-offs		—			—			—			—
	(Reversal) Provision		(1,457,958	)		546,167			787,791			(124,000	)
	Ending balance	$	1,493,585		$	4,401,448		$	18,522,864		$	24,417,897
	Ending balance: individually evaluated for impairment	$	446,904		$	3,644,129		$	18,522,864		$	22,613,897
	Ending balance: collectively evaluated for impairment	$	1,046,681		$	757,319		$	—		$	1,804,000
	Ending balance	$	1,493,585		$	4,401,448		$	18,522,864		$	24,417,897
	Loans:
	Ending balance	$	21,884,292		$	19,199,631		$	29,178,339		$	70,262,262
	Ending balance: individually evaluated for impairment	$	9,694,292		$	10,379,631		$	29,178,339		$	49,252,262
	Ending balance: collectively evaluated for impairment	$	12,190,000		$	8,820,000		$	—		$	21,010,000
Current Period [Member]	'
Note 3 - Loans and Allowance for Loan Losses (Tables) [Line Items]	'
Troubled Debt Restructurings on Financing Receivables [Table Text Block]	'
		Modifications
		During the Year Ended December 31, 2013
		Number of			Pre-Modification			Post-Modification
		Contracts			Outstanding			Outstanding
					Recorded Investment			Recorded Investment
	Troubled Debt Restructurings That Occurred During the Year
	Commercial		1		$	2,638,530		$	8,966,179
	Residential		1			272,028			272,028
		Modifications
		During the Year Ended December 31, 2012
		Number of			Pre-Modification			Post-Modification
		Contracts			Outstanding			Outstanding
					Recorded Investment			Recorded Investment
	Troubled Debt Restructurings That Occurred During the Year
	Commercial		1		$	655,485		$	655,485
	Residential		1			4,339,200			4,339,200
	Land		2			5,367,180			5,367,180
Subsequent [Member]	'
Note 3 - Loans and Allowance for Loan Losses (Tables) [Line Items]	'
Troubled Debt Restructurings on Financing Receivables [Table Text Block]	'
	Troubled Debt Restructurings That Subsequently Defaulted During the Year	Number of			Recorded
		Contracts			Investment
	Residential		1		$	272,028
	Troubled Debt Restructurings That Subsequently Defaulted During the Year	Number of			Recorded
		Contracts			Investment
	Commercial		1		$	632,795

Note_5_Real_Estate_Held_for_Sa1

Note 5 - Real Estate Held for Sale (Tables)	12 Months Ended
	Dec. 31, 2013
Disclosure Text Block [Abstract]	'
Properties Acquired Through Foreclosure [Table Text Block]	'
		December 31,		December 31,
		2013		2012
	Residential	$	93,647	$	42,458,402
	Land		3,427,200		7,752,836
	Retail		—		5,553,856
	Golf course		1,961,284		—
	Marina		408,000		408,000
		$	5,890,131	$	56,173,094
Impairment Losses on Real Estate Held For Sale [Table Text Block]	'
		Year Ended December 31, 2012
	Manufactured home subdivision development, Ione, California	$	100,830
	Golf course, Auburn, California (held within DarkHorse Golf Club, LLC)		328,240
	Marina with 30 boat slips and 11 RV spaces, Oakley, California (held within The Last Resort and Marina, LLC)		24,000
		$	453,070

Note_6_Real_Estate_Held_for_In1

Note 6 - Real Estate Held for Investment (Tables)	12 Months Ended
	Dec. 31, 2013
Note 6 - Real Estate Held for Investment (Tables) [Line Items]	'
Schedule of Real Estate Properties [Table Text Block]	'
	Description	Encumbrances		Initial Cost				Capitalized		Sales			Impairment			Accumulated				Carrying		Date	Depreciable
								Costs					Writedowns			Depreciation				Value		Acquired	Lives (years)
	169 Condominium Units & 160 Unit Vacant Apartment Building, Miami, Florida	None		$	34,560,000			$	201,879	$	—		$	—		$	(1,744,564	)		$	33,017,315	2/2/11		27.5
	Retail Complex, Greeley, Colorado	$9,917,586			9,307,001				7,405,380		(128,274	)		—			(4,886,622	)			11,697,485	7/31/00	1	-	39
		Note Payable
	Commercial Land under Construction, South Lake Tahoe, California	$4,000,000			24,281,178				10,214,496		—			—			—				34,495,674	Various		N/A
		Notes Payable
	133 Condominium Units, Phoenix, Arizona	None			5,822,597				3,258,479		—			(1,443,790	)		(540,230	)	Note 4		7,097,056	11/18/09	5	-	27.5
	Residential and Commercial Land, Gypsum, Colorado	None			9,600,000				54,418		—			(3,840,000	)		—		Note 5		5,814,418	10/1/11		N/A
	Medical Office Condominium Complex, Gilbert, Arizona	None			5,040,000				121,697		—			—			(390,463	)			4,771,234	5/19/10	5	-	39
	60 Condominium Units, Lakewood, Washington	None			6,616,881				65,502		—			(1,882,384	)		(290,171	)	Note 6		4,509,828	8/20/10		27.5
	Storage Facility, Stockton, California	None			5,674,000				44,745		—			(1,581,844	)		(193,121	)	Note 7		3,943,780	6/3/08	15	-	39
	Office Condominium Complex, Roseville, California	None			8,569,286				303,178		(1,095,670	)		(3,712,707	)		(254,067	)	Note 8		3,810,020	9/26/08	2	-	39
	Retail Building, Sacramento, California	None			3,890,968				—		—			—			—				3,890,968	9/3/10		N/A
	75 Residential Lots, Auburn, California	None			13,746,625				36,745		—			(9,904,826	)		—		Note 9		3,878,544	9/27/07		N/A
	Industrial Building, Sunnyvale, California	None			3,428,885				54,514		—			—			(366,608	)			3,116,791	11/5/09	10	-	39
	12 Condominium & 3 Commercial Units, Tacoma, Washington	None			2,486,400				41,124		—			—			(114,354	)			2,413,170	7/8/11	27.5	-	39
	Marina & Boat Club with 179 Boat Slips, Isleton, California	None			2,002,525				43,745		—			—			(17,415	)			2,028,855	1/29/13	5	-	15
	Undeveloped, Industrial Land, San Jose, California	None			3,025,992				—		—			(1,067,592	)		—		Note 10		1,958,400	12/27/02		N/A
	Golf Course, Auburn, California	None			1,917,981				43,303		—			—			—		Note 11		1,961,284	6/20/09		N/A
	Undeveloped, Commercial Land, Half Moon Bay, California	None			2,059,348				141,230		—			(731,778	)		—		Note 12		1,468,800	5/28/08		N/A
	Miscellaneous Real Estate	None															(802,104	)			5,442,342	Various		Various
	TOTALS															$	(9,599,719	)		$	135,315,964
Impairment Losses on Real Estate Held For Investment [Table Text Block]	'
		2013				2012
	75 improved, residential lots, Auburn, California (held within Baldwin Ranch Subdivision, LLC)	$	—			$	31,156
	Undeveloped industrial land, San Jose, California		—				86,400
	Two improved residential lots, West Sacramento, California		13,440				51,840
	Undeveloped, residential land, Coolidge, Arizona		—				38,400
	6 improved residential lots, Coeur D’Alene, Idaho		652,800				372,400
	Unimproved residential and commercial land, Gypsum, Colorado		—				3,840,000
		$	666,240			$	4,420,196
Income from Real Estate Held for Investment [Table Text Block]	'
		2013				2012
	Anacapa Villas, LLC (sold in 2012)	$	(4,000	)		$	527,000
	Dation, LLC (sold in 2012 and 2013)		7,000				2,000
	DarkHorse Golf Club, LLC (golf course sold in 2012)		(166,000	)			(690,000	)
	Lone Star Golf, Inc.		(99,000	)			(160,000	)
	Baldwin Ranch Subdivision, LLC		(92,000	)			(100,000	)
	The Last Resort and Marina, LLC		(22,000	)			(20,000	)
	33rd Street Terrace, LLC (sold in 2012)		5,000				645,000
	54th Street Condos, LLC		(43,000	)			(356,000	)
	Wolfe Central, LLC		397,000				397,000
	AMFU, LLC		65,000				18,000
	Phillips Road, LLC		108,000				89,000
	550 Sandy Lane, LLC (sold in 2012)		2,000				1,024,000
	1401 on Jackson, LLC (sold in 2013)		487,000				55,000
	Broadway & Commerce, LLC		47,000				88,000
	Brannan Island, LLC (foreclosed in 2013)		(55,000	)			—
	Light industrial building, Paso Robles, California		146,000				185,000
	Undeveloped industrial land, San Jose, California		(114,000	)			(129,000	)
	Office condominium complex, Roseville, California (one unit sold in 2013)		128,000				(46,000	)
	Storage facility/business, Stockton, California		292,000				291,000
	Industrial building, Chico, California (sold in 2012)		1,000				1,694,000
	Undeveloped land, Gypsum, Colorado		(156,000	)			(342,000	)
By Property [Member]	'
Note 6 - Real Estate Held for Investment (Tables) [Line Items]	'
Schedule of Real Estate Properties [Table Text Block]	'
		December 31,				December 31,
		2013				2012
	Land (including land under development)	$	46,873,135			$	24,766,280
	Residential		47,037,370				14,547,406
	Retail		15,588,452				11,974,751
	Office		9,348,331				9,657,815
	Industrial		4,605,910				4,656,936
	Storage		3,943,780				4,037,575
	Marina		2,028,855				—
	Golf course		—				1,959,492
		$	129,425,833			$	71,600,255
By Class of Property [Member]	'
Note 6 - Real Estate Held for Investment (Tables) [Line Items]	'
Schedule of Real Estate Properties [Table Text Block]	'
		2013				2012
	Land and land improvements	$	73,591,953			$	37,381,547
	Buildings and improvements		65,433,599				40,736,868
			139,025,552				78,118,415
	Less: Accumulated depreciation and amortization		(9,599,719	)			(6,518,160	)
		$	129,425,833			$	71,600,255

Note_7_Notes_Payable_Tables

Note 7 - Notes Payable (Tables)	12 Months Ended
	Dec. 31, 2013
Disclosure Text Block [Abstract]	'
Schedule of Maturities of Long-term Debt [Table Text Block]	'
	Year ending December 31:
	2014	$	176,122
	2015		9,741,463
	2016		3,300,000
	2017		700,000
		$	13,917,585

Note_12_Rental_Income_Tables

Note 12 - Rental Income (Tables)	12 Months Ended
	Dec. 31, 2013
Rental Income [Abstract]	'
Schedule of Future Minimum Rental Payments for Operating Leases [Table Text Block]	'
	Year ending December 31:
	2014	$	6,059,071
	2015		2,350,896
	2016		1,951,223
	2017		1,440,586
	2018		1,089,273
	Thereafter (through 2026)		2,660,806
		$	15,551,855

Note_13_Fair_Value_Tables

Note 13 - Fair Value (Tables)	12 Months Ended
	Dec. 31, 2013
Fair Value Disclosures [Abstract]	'
Fair Value Measurements, Nonrecurring [Table Text Block]	'
						Fair Value Measurements Using
		Carrying Value				Quoted Prices In Active Markets for Identical Assets				Significant Other Observable Inputs				Significant Unobservable Inputs
						(Level 1)				(Level 2)				(Level 3)
	2013
	Nonrecurring:
	Impaired loans:
	Commercial	$	541,956				—				—			$	541,956
	Residential		4,896,000				—				—				4,896,000
	Total	$	5,437,956				—				—			$	5,437,956
	Real estate properties:
	Commercial	$	408,000				—				—			$	408,000
	Land		433,920				—				—				433,920
	Total	$	841,920				—				—			$	841,920
	2012
	Nonrecurring:
	Impaired loans:
	Commercial	$	632,795				—				—			$	632,795
	Residential		4,339,200				—				—				4,339,200
	Land		6,184,845				—				—				6,184,845
	Total	$	11,156,840				—				—			$	11,156,840
	Real estate properties:
	Commercial	$	2,070,889				—				—			$	2,070,889
	Residential		8,517,932												8,517,932
	Land		15,365,233				—				—				15,365,233
	Total	$	25,954,054				—				—			$	25,954,054
Fair Value Inputs, Assets, Quantitative Information [Table Text Block]	'
	Description	Fair Value			Valuation Technique		Significant Unobservable Inputs		Input (Range)
									[Weighted Average]
	Impaired Loans:
	Commercial	$	541,956		Appraisal		Estimate of Future Improvements				13.6%
							Capitalization Rate				6.5%
							Comparable Sales Adjustment			(-59	to	-2.30%	-)
	Residential	$	4,896,000		Appraisal		Capitalization Rate				5.5%
							Comparable Sales Adjustment			(-19.1	to	39%	-)
	Real Estate Properties:
	Commercial	$	408,000		Appraisal		Comparable Sales Adjustment			(-186.2	to	-27.10%	-)
										[-	7.50%	-]
							Capitalization Rate				8.2%
							Estimate of Future Improvements				15.8%
	Land	$	433,920		Appraisal		Comparable Sales Adjustment			(-33.3	to	35.50%	-)
							Estimate of Future Improvements				54.1%
	Description	Fair Value			Valuation Technique		Significant Unobservable Inputs		Input (Range)
									[Weighted Average]
	Impaired Loans:
	Commercial	$	632,795		Appraisal		Estimate of Future Improvements				13.9%
							Discount Rate				9.5%
	Residential	$	4,339,200		Appraisal		Capitalization Rate				6%
	Land	$	6,184,845		Appraisal		Comparable Sales Adjustment			(-23	to	33%	-)
							Discounts on Land improvements				66.7%
	Real Estate Properties:
	Commercial	$	2,070,889		Appraisal		Comparable Sales Adjustment			(-28.5	to	1.50%	-)
										[-	-11.40%	-]
							Capitalization Rate				8.2%
							Estimate of Future Improvements				17.8%
	Residential	$	8,517,932		Appraisal		Capitalization Rates				4.5%
							Estimate of Future Improvements				1.6%
	Land	$	15,365,233		Appraisal		Comparable Sales Adjustment			(-70.3	to	62.70%	-)
										[-	0.50%	-]
							Discount Rate				25%
							Estimate of Future Improvements				26.6%
Fair Value, by Balance Sheet Grouping [Table Text Block]	'
							Fair Value Measurements at December 31, 2013
			Carrying Value				Level 1				Level 2				Level 3			Total
	Financial assets
	Cash and cash equivalents		$	8,159,000			$	8,159,000			$	—			$	—		$	8,159,000
	Restricted cash			4,095,000				4,095,000				—				—			4,095,000
	Loans, net			54,057,000				—				—				54,602,000			54,602,000
	Investment in limited liability company			2,143,000				—				—				2,352,000			2,352,000
	Interest and other receivables			1,674,000				—				238,000				1,436,000			1,674,000
	Financial liabilities
	Due to Manager		$	294,000			$	—			$	294,000			$	—		$	294,000
	Accrued interest payable			64,000				—				64,000				—			64,000
	Notes payable			13,918,000				—				—				13,960,000			13,960,000
						Fair Value Measurements at December 31, 2012
		Carrying Value				Level 1				Level 2				Level 3			Total
	Financial assets
	Cash and cash equivalents	$	21,132,000			$	12,232,000			$	—			$	—		$	21,132,000
	Restricted cash		6,264,000				6,264,000				—				—			6,264,000
	Loans, net		45,844,000				—				—				45,844,000			45,844,000
	Investment in limited liability company		2,142,000				—				—				2,217,000			2,217,000
	Interest and other receivables		3,485,000				—				1,775,000				1,710,000			3,485,000
	Financial liabilities
	Due to Manager	$	298,000			$	—			$	298,000			$	—		$	298,000
	Accrued interest payable		56,000				—				56,000				—			56,000
	Note payable		13,385,000				—				—				13,461,000			13,461,000

Schedule_III_Real_Estate_and_A1

Schedule III - Real Estate and Accumulated Depreciation (Tables)	12 Months Ended
	Dec. 31, 2013
Schedule III - Real Estate and Accumulated Depreciation (Tables) [Line Items]	'
Schedule of Real Estate Properties [Table Text Block]	'
	Description	Encumbrances		Initial Cost		Capitalized		Sales			Impairment			Accumulated				Carrying		Date	Depreciable
						Costs					Writedowns			Depreciation				Value		Acquired	Lives (years)
	169 Condominium Units & 160 Unit Vacant Apartment Building, Miami, Florida	None		$	34,560,000	$	201,879	$	—		$	—		$	(1,744,564	)		$	33,017,315	2/2/11		27.5
	Retail Complex, Greeley, Colorado	$9,917,586			9,307,001		7,405,380		(128,274	)		—			(4,886,622	)			11,697,485	7/31/00	1	-	39
		Note Payable
	Commercial Land under Construction, South Lake Tahoe, California	$4,000,000			24,281,178		10,214,496		—			—			—				34,495,674	Various		N/A
		Notes Payable
	133 Condominium Units, Phoenix, Arizona	None			5,822,597		3,258,479		—			(1,443,790	)		(540,230	)	Note 4		7,097,056	11/18/09	5	-	27.5
	Residential and Commercial Land, Gypsum, Colorado	None			9,600,000		54,418		—			(3,840,000	)		—		Note 5		5,814,418	10/1/11		N/A
	Medical Office Condominium Complex, Gilbert, Arizona	None			5,040,000		121,697		—			—			(390,463	)			4,771,234	5/19/10	5	-	39
	60 Condominium Units, Lakewood, Washington	None			6,616,881		65,502		—			(1,882,384	)		(290,171	)	Note 6		4,509,828	8/20/10		27.5
	Storage Facility, Stockton, California	None			5,674,000		44,745		—			(1,581,844	)		(193,121	)	Note 7		3,943,780	6/3/08	15	-	39
	Office Condominium Complex, Roseville, California	None			8,569,286		303,178		(1,095,670	)		(3,712,707	)		(254,067	)	Note 8		3,810,020	9/26/08	2	-	39
	Retail Building, Sacramento, California	None			3,890,968		—		—			—			—				3,890,968	9/3/10		N/A
	75 Residential Lots, Auburn, California	None			13,746,625		36,745		—			(9,904,826	)		—		Note 9		3,878,544	9/27/07		N/A
	Industrial Building, Sunnyvale, California	None			3,428,885		54,514		—			—			(366,608	)			3,116,791	11/5/09	10	-	39
	12 Condominium & 3 Commercial Units, Tacoma, Washington	None			2,486,400		41,124		—			—			(114,354	)			2,413,170	7/8/11	27.5	-	39
	Marina & Boat Club with 179 Boat Slips, Isleton, California	None			2,002,525		43,745		—			—			(17,415	)			2,028,855	1/29/13	5	-	15
	Undeveloped, Industrial Land, San Jose, California	None			3,025,992		—		—			(1,067,592	)		—		Note 10		1,958,400	12/27/02		N/A
	Golf Course, Auburn, California	None			1,917,981		43,303		—			—			—		Note 11		1,961,284	6/20/09		N/A
	Undeveloped, Commercial Land, Half Moon Bay, California	None			2,059,348		141,230		—			(731,778	)		—		Note 12		1,468,800	5/28/08		N/A
	Miscellaneous Real Estate	None													(802,104	)			5,442,342	Various		Various
	TOTALS													$	(9,599,719	)		$	135,315,964
Changes in Real Estate Held for Sale and Investment [Member]	'
Schedule III - Real Estate and Accumulated Depreciation (Tables) [Line Items]	'
Schedule of Real Estate Properties [Table Text Block]	'
	Balance at beginning of period (1/1/12)	$	145,591,660
	Additions during period:
	Acquisitions through foreclosure		1,662,889
	Investments in real estate properties		11,198,753
	Subtotal		158,453,302
	Deductions during period:
	Cost of real estate properties sold		23,746,204
	Impairment losses on real estate properties		4,873,266
	Depreciation of properties held for investment		2,060,483
	Balance at end of period (12/31/12)	$	127,773,349
	Balance at beginning of period (1/1/13)	$	127,773,349
	Additions during period:
	Acquisitions through foreclosure		19,602,478
	Investments in real estate properties		9,017,333
	Subtotal		156,393,160
	Deductions during period:
	Cost of real estate properties sold		18,023,870
	Impairment losses on real estate properties		666,240
	Depreciation of properties held for investment		2,387,086
	Balance at end of period (12/31/13)	$	135,315,964
Changes in Accumulated Depreciation [Member]	'
Schedule III - Real Estate and Accumulated Depreciation (Tables) [Line Items]	'
Schedule of Real Estate Properties [Table Text Block]	'
	Balance at beginning of period (1/1/12)	$	6,458,712
	Additions during period:
	Depreciation expense		2,060,483
	Subtotal		8,519,195
	Deductions during period:
	Accumulated depreciation of real estate sold during 2012		724,406
	Accumulated depreciation on real estate moved to held for sale		1,276,629
	Balance at end of period (12/31/12)	$	6,518,160
	Balance at beginning of period (1/1/13)	$	6,518,160
	Additions during period:
	Depreciation expense		2,387,086
	Previous accumulated depreciation on real estate moved back to held for investment		849,125
	Subtotal		9,754,371
	Deductions during period:
	Accumulated depreciation of real estate sold during 2013		8,663
	Accumulated depreciation on real estate moved to held for sale		145,989
	Balance at end of period (12/31/13)	$	9,599,719

Schedule_IV_Mortgage_Loans_on_1

Schedule IV - Mortgage Loans on Real Estate (Tables)	12 Months Ended
	Dec. 31, 2013
Schedule IV - Mortgage Loans on Real Estate (Tables) [Line Items]	'
Schedule of Participating Mortgage Loans [Table Text Block]	'
	Description	Interest Rate				Final Maturity date		Carrying Amount of Mortgages		Principal Amount of Loans Subject to Delinquent Principal		Principal Amount of Loans Subject to Delinquent Payments
	TYPE OF PROPERTY
	Commercial	5	-	10	%	Current to March 2022		$	26,158,878	$	5,311,946	$	5,100,699
	Residential	4.5	-	11	%	Current to March 2028			27,461,913		9,926,287		10,195,725
	Land	6	-	11	%	Current to December 2014			5,175,502		2,959,500		4,975,502
	TOTAL							$	58,796,293	$	18,197,733	$	20,271,926
	AMOUNT OF LOAN
	$0-500,000	6	-	11	%	Current to March 2028		$	519,438	$	50,000	$	269,438
	$500,001-1,000,000	9	-	11	%	Current			1,841,946		1,841,946		601,946
	$1,000,001-5,000,000	5	-	11	%	Current to March 2022			23,987,542		8,770,787		11,865,542
	Over $5,000,000	4.5	-	11	%	Current to August 2018			32,447,367		7,535,000		7,535,000
	TOTAL							$	58,796,293	$	18,197,733	$	20,271,926
	POSITION OF LOAN
	First	4.5	-	11	%	Current to March 2028		$	52,876,293	$	17,595,787	$	19,669,980
	Second	10	-	11	%	Current to Oct. 2018			5,920,000		601,946		601,946
	TOTAL							$	58,796,293	$	18,197,733	$	20,271,926
Changes in Mortgage Loans on Real Estate [Member]	'
Schedule IV - Mortgage Loans on Real Estate (Tables) [Line Items]	'
Schedule of Participating Mortgage Loans [Table Text Block]	'
	Balance at beginning of period (1/1/12)		$	69,421,876
	Additions during period:
	New loans from sales of real estate properties (carry-back financing)			8,820,000
	Subtotal			78,241,876
	Deductions during period:
	Collection of principal			5,979,614
	Foreclosures			2,000,000
	Balance at end of period (12/31/12)		$	70,262,262
	Balance at beginning of period (1/1/13)		$	70,262,262
	Additions during period:
	New loans, including loans from sales of real estate properties			31,618,852
	Advances moved to principal of loan			22,880
	Subtotal			101,903,994
	Deductions during period:
	Collection of principal			15,641,192
	Foreclosures			27,466,509
	Balance at end of period (12/31/13)		$	58,796,293
Loans Which Exceed Three Percent of the Total Loans [Member]	'
Schedule IV - Mortgage Loans on Real Estate (Tables) [Line Items]	'
Schedule of Participating Mortgage Loans [Table Text Block]	'
	Description		Interest Rate				Final Maturity Date		Periodic Payment Terms	Prior Liens			Face Amount of Mortgages		Carrying Amount of Mortgages		Principal Amount of Loans Subject to Delinquent Principal or Interest
	Assisted Living Facility Bensalem, Pennsylvania (2 Notes)		9	and	11	%	4/30/08 and 10/3/08		Interest only, balance due at maturity	$	0		$	20,810,000	$	4,021,946	$	4,021,946
	Mixed Commercial Buildings (Office) Oakland, California (2 Notes)			10		%	8/1/18 and 10/1/18		Interest only, balance due at maturity		0			11,466,179		11,466,179		0
	Condominiums Phoenix, Arizona			11		%	7/1/09		Interest only, balance due at maturity		0			7,535,000		4,447,655		4,447,655
																Note 5
	8 Luxury Townhomes Santa Barbara, California			6.5		%	12/1/14		Interest only, balance due at maturity		0			7,500,000		7,500,000		0
																Note 6
	Condominium and Commercial Units Oakland, California			4.5		%	5/8/14		Interest only, balance due at maturity		0			10,000,000		8,446,188		0
																Note 7
	Land and Marina Bethel Island, California			11		%	6/1/09		Interest only, balance due at maturity		0			3,030,000		2,959,500		2,959,500
	Office Building San Francisco, California			7.875		%	12/1/14		Interest only, balance due at maturity		0			2,940,000		2,940,000		0
	Condominiums Salt Lake City, Utah			10.5		%	1/30/09		Interest only, balance due at maturity		0			6,410,000		2,391,287		2,391,287
	Land Skagit, Washington			8		%	4/27/14		Interest only, balance due at maturity		0			3,500,000		2,016,003		2,016,003
	TOTALS									$	0		$	73,191,179	$	46,188,758	$	15,836,391

Note_1_Organization_Details

Note 1 - Organization (Details) (USD $)

0 Months Ended

0 Months Ended

3 Months Ended

20-May-13

Apr. 16, 2013

Dec. 31, 2013

Feb. 12, 2013

Jan. 23, 2013

Dec. 31, 2012

Aug. 09, 2012

Dec. 31, 2011

Feb. 12, 2013

Aug. 09, 2012

Apr. 16, 2013

William C Owens [Member]

William C Owens [Member]

William C Owens [Member]

Note 1 - Organization (Details) [Line Items]

'

'

'

'

'

'

'

'

'

'

'

Common Stock, Shares Authorized

'

'

50,000,000

[1]

'

50,000,000

50,000,000

[1]

1,000,000

'

'

'

'

Common Stock, Par or Stated Value Per Share (in Dollars per share)

'

'

$0.01

[1]

'

$0.01

$0.01

[1]

$0.01

'

'

$0.01

'

Stock Issued During Period, Shares, New Issues

'

'

'

'

'

'

'

'

'

1,000

'

Share Price (in Dollars per share)

'

'

'

'

'

'

'

'

'

$1

'

Preferred Stock, Shares Authorized

'

'

5,000,000

[1]

'

5,000,000

5,000,000

[1]

'

'

'

'

'

Preferred Stock, Par or Stated Value Per Share (in Dollars per share)

'

'

$0.01

[1]

'

$0.01

$0.01

[1]

'

'

'

'

'

Stock Repurchased and Retired During Period, Shares

'

'

'

'

'

'

'

'

1,000

'

1,000

Stock Repurchased and Retired During Period, Value (in Dollars)

'

'

'

'

'

'

'

'

$1,000

'

$1,000

Number Of Partnership Units Converted Per Common Stock Share

'

'

'

25

'

'

'

'

'

'

'

Number Of Shares Of Common Stock Issued Per 25 Partnership Units

'

'

'

1

'

'

'

'

'

'

'

General Partner Units Cancelled

1,496,000

1,496,000

'

'

'

'

'

'

'

'

'

General Partner Units Converted

1,378,256

1,378,256

'

'

'

'

'

'

'

'

'

Common Stock, Shares, Issued

'

'

11,198,119

[1]

'

'

11,198,119

[1]

'

11,198,119

'

1,000

'

Potential Percentage Penalty Tax

'

'

100.00%

'

'

'

'

'

'

'

'

REIT Minimum Percent Distribution Of Taxable Income

'

'

90.00%

'

'

'

'

'

'

'

'

[1]

As recast to reflect the balances of Owens Mortgage Investment Fund, LP combined with the balances of Owens Realty Mortgage, Inc. beginning January 1, 2012, as required under the accounting guidelines for a transfer between entities under common control (refer to Note 1).

Note_2_Summary_of_Significant_1

Note 2 - Summary of Significant Accounting Policies (Details)	12 Months Ended
	Dec. 31, 2013
Note 2 - Summary of Significant Accounting Policies (Details) [Line Items]	'
Number of Operating Segments	1
Loans Receivable, Nonaccrual Status, Number of Days, Minimum	'90 days
Allowance for Loan Losses, Number of Components	2
Qualify for Recognition as a Completed Sale, Expected Term	'1 year
Regulatory Income Taxes, Policy [Policy Text Block]	'
	Income Taxes
	The Company has elected to be taxed as a REIT. As a result of the Company’s expected REIT qualification and its distribution policy, the Company does not generally expect to pay U.S. federal corporate level income taxes. Many of the REIT requirements, however, are highly technical and complex. To qualify as a REIT, the Company must meet a number of organizational and operational requirements, including a requirement that the Company distribute annually at least 90% of the Company’s REIT taxable income to the Company’s stockholders. If the Company has previously qualified as a REIT and fails to qualify as a REIT in any subsequent taxable year and does not qualify for certain statutory relief provisions, the Company will be subject to U.S. federal income taxes at regular corporate rates (including any applicable alternative minimum tax) and may be precluded from qualifying as a REIT for the Company’s four subsequent taxable years. Even if the Company qualifies for taxation as a REIT, the Company may be subject to certain U.S. federal, state, local and foreign taxes on the Company’s income and property and to U.S. federal income and excise taxes on the Company’s undistributed REIT taxable income.
	The Company has elected or may elect to treat certain of its existing or newly created corporate subsidiaries as taxable REIT subsidiaries (each a “TRS”). In general, a TRS of a REIT may hold assets that the REIT cannot hold directly and, subject to certain exceptions related to hotels and healthcare properties, may engage in any real estate or non-real estate related business. A TRS is treated as a regular corporation and is subject to federal, state, local and foreign taxes on its income and property. Lone Star Golf, Inc. is treated as a TRS of the Company.
	ASC 740 prescribes a recognition threshold and measurement attribute for the financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. ASC 740 also provides guidance on derecognition, classification, interest and penalties, accounting in interim periods, disclosure and transition. The Company has analyzed its various federal and state filing positions and believes that its income tax filing positions and deductions are well documented and supported.
	As of December 31, 2013 and 2012, the Company has not recorded a reserve for any uncertain income tax positions. There has been no interest or penalties incurred to date.
1850 De La Cruz LLC [Member]	'
Note 2 - Summary of Significant Accounting Policies (Details) [Line Items]	'
Equity Method Investment, Ownership Percentage	50.00%
Real estate properties [Member] | Minimum [Member]	'
Note 2 - Summary of Significant Accounting Policies (Details) [Line Items]	'
Property, Plant and Equipment, Useful Life	'5 years
Real estate properties [Member] | Maximum [Member]	'
Note 2 - Summary of Significant Accounting Policies (Details) [Line Items]	'
Property, Plant and Equipment, Useful Life	'39 years

Note_3_Loans_and_Allowance_for2

Note 3 - Loans and Allowance for Loan Losses (Details) (USD $)	12 Months Ended
	Dec. 31, 2013		Dec. 31, 2012		Dec. 31, 2011
Note 3 - Loans and Allowance for Loan Losses (Details) [Line Items]	'		'		'
Impaired Financing Receivable, Unpaid Principal Balance	$11,466,179		'		'
Financing Receivable, Recorded Investment, Nonaccrual Status	31,738,105		'		'
Allowance for Loan and Lease Losses, Real Estate	4,739,088	[1]	24,417,897	[1]	24,541,897
Extended Maturity Loan Terms	'15 years		'		'
Payments for Loans	5,899,000		'		'
Proceeds from Interest Received	659,000		'		'
Maturity Date Extension Period for Troubled Debt Restructurings	'20 months		'		'
Modified Loan Terms [Member]	'		'		'
Note 3 - Loans and Allowance for Loan Losses (Details) [Line Items]	'		'		'
Allowance for Loan and Lease Losses, Real Estate	3,625,000		4,091,000		'
Financing Receivable, Modifications, Recorded Investment	25,781,000		15,701,000		'
Original Balance [Member]	'		'		'
Note 3 - Loans and Allowance for Loan Losses (Details) [Line Items]	'		'		'
Impaired Financing Receivable, Unpaid Principal Balance	8,966,000		'		'
Additional Borrowing [Member]	'		'		'
Note 3 - Loans and Allowance for Loan Losses (Details) [Line Items]	'		'		'
Impaired Financing Receivable, Unpaid Principal Balance	2,500,000		'		'
Combined First Deed of Trust [Member]	'		'		'
Note 3 - Loans and Allowance for Loan Losses (Details) [Line Items]	'		'		'
Loans and Leases Receivable, Gross, Other	$9,625,000		'		'
Debt Instrument, Interest Rate, Stated Percentage	10.00%		'		'
Debt Instrument, Term	'5 years		'		'
Minimum [Member] | Modified Loan Terms [Member]	'		'		'
Note 3 - Loans and Allowance for Loan Losses (Details) [Line Items]	'		'		'
Debt Instrument, Term	'12 months		'		'
Maximum [Member] | Modified Loan Terms [Member]	'		'		'
Note 3 - Loans and Allowance for Loan Losses (Details) [Line Items]	'		'		'
Debt Instrument, Term	'20 months		'		'
[1]	As recast to reflect the balances of Owens Mortgage Investment Fund, LP combined with the balances of Owens Realty Mortgage, Inc. beginning January 1, 2012, as required under the accounting guidelines for a transfer between entities under common control (refer to Note 1).

Note_3_Loans_and_Allowance_for3

Note 3 - Loans and Allowance for Loan Losses (Details) - Allocation of the Allowance for Loan Losses (USD $)	12 Months Ended
	Dec. 31, 2013		Dec. 31, 2012
Allowance for loan losses:	'		'
Beginning balance	$24,417,897	[1]	$24,541,897
Ending balance	4,739,088	[1]	24,417,897	[1]
Ending balance: individually evaluated for impairment	3,625,088		22,613,897
Ending balance: collectively evaluated for impairment	1,114,000		1,804,000
Ending balance	4,739,088		24,417,897
Charge-offs	-11,856,697		'
(Reversal) Provision	-7,822,112		-124,000
Loans:	'		'
Ending balance	58,796,293		70,262,262
Ending balance: individually evaluated for impairment	31,738,105		49,252,262
Ending balance: collectively evaluated for impairment	27,058,188		21,010,000
Commercial Real Estate [Member]	'		'
Allowance for loan losses:	'		'
Beginning balance	1,493,585		2,951,543
Ending balance	932,651		1,493,585
Ending balance: individually evaluated for impairment	537,743		446,904
Ending balance: collectively evaluated for impairment	394,908		1,046,681
Ending balance	932,651		1,493,585
(Reversal) Provision	-560,934		-1,457,958
Loans:	'		'
Ending balance	26,158,878		21,884,292
Ending balance: individually evaluated for impairment	16,566,878		9,694,292
Ending balance: collectively evaluated for impairment	9,592,000		12,190,000
Condominiums [Member]	'		'
Allowance for loan losses:	'		'
Beginning balance	4,401,448		3,855,281
Ending balance	3,798,203		4,401,448
Ending balance: individually evaluated for impairment	3,087,345		3,644,129
Ending balance: collectively evaluated for impairment	710,858		757,319
Ending balance	3,798,203		4,401,448
(Reversal) Provision	-603,245		546,167
Loans:	'		'
Ending balance	27,461,913		19,199,631
Ending balance: individually evaluated for impairment	10,195,725		10,379,631
Ending balance: collectively evaluated for impairment	17,266,188		8,820,000
Improved and unimproved land [Member]	'		'
Allowance for loan losses:	'		'
Beginning balance	18,522,864		17,735,073
Ending balance	8,234		18,522,864
Ending balance: individually evaluated for impairment	'		18,522,864
Ending balance: collectively evaluated for impairment	8,234		'
Ending balance	8,234		18,522,864
Charge-offs	-11,856,697		'
(Reversal) Provision	-6,657,933		787,791
Loans:	'		'
Ending balance	5,175,502		29,178,339
Ending balance: individually evaluated for impairment	4,975,502		29,178,339
Ending balance: collectively evaluated for impairment	$200,000		'
[1]	As recast to reflect the balances of Owens Mortgage Investment Fund, LP combined with the balances of Owens Realty Mortgage, Inc. beginning January 1, 2012, as required under the accounting guidelines for a transfer between entities under common control (refer to Note 1).

Note_3_Loans_and_Allowance_for4

Note 3 - Loans and Allowance for Loan Losses (Details) - Aging Analysis of the Loan Portfolio by the Time Past Due (USD $)	Dec. 31, 2013	Dec. 31, 2012
Financing Receivable, Recorded Investment, Past Due [Line Items]	'	'
Loans secured by trust deeds, 90 days or more	$20,271,926	$49,252,262
Loans secured by trust deeds, past due	20,961,926	49,252,262
Loans secured by trust deeds, current	37,834,367	21,010,000
Loans secured by trust deeds	58,796,293	70,262,262
Loans secured by trust deeds, 60 - 89 Days Past Due	690,000	'
Commercial Real Estate [Member]	'	'
Financing Receivable, Recorded Investment, Past Due [Line Items]	'	'
Loans secured by trust deeds, 90 days or more	5,100,699	9,694,292
Loans secured by trust deeds, past due	5,790,699	9,694,292
Loans secured by trust deeds, current	20,368,179	12,190,000
Loans secured by trust deeds	26,158,878	21,884,292
Loans secured by trust deeds, 60 - 89 Days Past Due	690,000	'
Residential [Member]	'	'
Financing Receivable, Recorded Investment, Past Due [Line Items]	'	'
Loans secured by trust deeds, 90 days or more	10,195,725	10,379,631
Loans secured by trust deeds, past due	10,195,725	10,379,631
Loans secured by trust deeds, current	17,266,188	8,820,000
Loans secured by trust deeds	27,461,913	19,199,631
Improved and unimproved land [Member]	'	'
Financing Receivable, Recorded Investment, Past Due [Line Items]	'	'
Loans secured by trust deeds, 90 days or more	4,975,502	29,178,339
Loans secured by trust deeds, past due	4,975,502	29,178,339
Loans secured by trust deeds, current	200,000	'
Loans secured by trust deeds	$5,175,502	$29,178,339

Note_3_Loans_and_Allowance_for5

Note 3 - Loans and Allowance for Loan Losses (Details) - Impaired Loans (USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
Financing Receivable, Impaired [Line Items]	'	'
Unpaid Principal Balance	$11,466,179	'
Commercial Real Estate [Member]	'	'
Financing Receivable, Impaired [Line Items]	'	'
Recorded Investment With No Related Allowance	16,212,899	9,176,218
Unpaid Principal Balance With No Related Allowance	15,488,126	8,615,540
Average Recorded Investment With No Related Allowance	10,880,512	10,653,120
Interest Income Recognized With No Related Allowance	704,623	484,769
Recorded Investment With An Allowance Recorded	1,079,699	1,079,699
Unpaid Principal Balance With An Allowance Recorded	1,078,752	1,078,752
Related Allowance With An Allowance Recorded	537,743	446,904
Average Recorded Investment With An Allowance Recorded	1,079,699	1,079,207
Interest Income Recognized With An Allowance Recorded	21,000	26,969
Recorded Investment	17,292,598	10,255,917
Unpaid Principal Balance	16,566,878	9,694,292
Related Allowance	537,743	446,904
Average Recorded Investment	11,960,212	11,732,327
Interest Income Recognized	725,623	511,738
Residential [Member]	'	'
Financing Receivable, Impaired [Line Items]	'	'
Recorded Investment With No Related Allowance	2,734,228	2,890,037
Unpaid Principal Balance With No Related Allowance	2,660,725	2,844,631
Average Recorded Investment With No Related Allowance	2,841,401	2,929,735
Interest Income Recognized With No Related Allowance	134,702	172,944
Recorded Investment With An Allowance Recorded	7,983,345	7,983,329
Unpaid Principal Balance With An Allowance Recorded	7,535,000	7,535,000
Related Allowance With An Allowance Recorded	3,087,345	3,644,129
Average Recorded Investment With An Allowance Recorded	7,983,342	7,983,285
Interest Income Recognized With An Allowance Recorded	198,100	240,952
Recorded Investment	10,717,573	10,873,366
Unpaid Principal Balance	10,195,725	10,379,631
Related Allowance	3,087,345	3,644,129
Average Recorded Investment	10,824,743	10,913,020
Interest Income Recognized	332,802	413,896
Improved and unimproved land [Member]	'	'
Financing Receivable, Impaired [Line Items]	'	'
Recorded Investment With No Related Allowance	5,017,839	4,976,929
Unpaid Principal Balance With No Related Allowance	4,975,502	4,975,503
Average Recorded Investment With No Related Allowance	4,984,885	5,409,605
Interest Income Recognized With No Related Allowance	259,281	339,828
Recorded Investment With An Allowance Recorded	'	24,707,709
Unpaid Principal Balance With An Allowance Recorded	'	24,202,836
Related Allowance With An Allowance Recorded	'	18,522,864
Average Recorded Investment With An Allowance Recorded	8,761,503	24,616,610
Recorded Investment	5,017,839	29,684,638
Unpaid Principal Balance	4,975,502	29,178,339
Related Allowance	'	18,522,864
Average Recorded Investment	13,746,388	30,026,215
Interest Income Recognized	$259,281	$339,828

Note_3_Loans_and_Allowance_for6

Note 3 - Loans and Allowance for Loan Losses (Details) - Loan Modifications (USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
Financing Receivable, Modifications [Line Items]	'	'
Number of Contracts	1	'
Pre-Modification Outstanding Recorded Investment	$272,028	'
Post-Modification Outstanding Recorded Investment	272,028	'
Commercial [Member]	'	'
Financing Receivable, Modifications [Line Items]	'	'
Number of Contracts	1	1
Pre-Modification Outstanding Recorded Investment	2,638,530	655,485
Post-Modification Outstanding Recorded Investment	8,966,179	655,485
Residential [Member]	'	'
Financing Receivable, Modifications [Line Items]	'	'
Number of Contracts	'	1
Pre-Modification Outstanding Recorded Investment	'	4,339,200
Post-Modification Outstanding Recorded Investment	'	4,339,200
Improved and unimproved land [Member]	'	'
Financing Receivable, Modifications [Line Items]	'	'
Number of Contracts	'	2
Pre-Modification Outstanding Recorded Investment	'	5,367,180
Post-Modification Outstanding Recorded Investment	'	$5,367,180

Note_3_Loans_and_Allowance_for7

Note 3 - Loans and Allowance for Loan Losses (Details) - Troubled Debt Restructurings That Subsequently Defaulted (USD $)	12 Months Ended
	Dec. 31, 2013
Residential [Member]	'
Financing Receivable, Modifications [Line Items]	'
Number of Contracts	1
Recorded Investment	$272,028
Commercial [Member]	'
Financing Receivable, Modifications [Line Items]	'
Number of Contracts	1
Recorded Investment	$632,795

Note_4_Investment_in_Limited_L1

Note 4 - Investment in Limited Liability Company (Details) (USD $)	12 Months Ended
	Dec. 31, 2013		Dec. 31, 2012		Feb. 28, 2013
Note 4 - Investment in Limited Liability Company (Details) [Line Items]	'		'		'
Number of Real Estate Properties	'		2		2
Proceeds from Equity Method Investment, Dividends or Distributions	$160,000	[1]	$154,000	[1]	'
Income (Loss) from Equity Method Investments	160,805	[1]	155,741	[1]	'
1850 [Member]	'		'		'
Note 4 - Investment in Limited Liability Company (Details) [Line Items]	'		'		'
Number of Real Estate Properties	2		'		'
Number of Companies	2		'		'
Income (Loss) from Equity Method Investments	$161,000		$156,000		'
[1]	As recast to reflect the balances of Owens Mortgage Investment Fund, LP combined with the balances of Owens Realty Mortgage, Inc. beginning January 1, 2012, as required under the accounting guidelines for a transfer between entities under common control (refer to Note 1).

Note_5_Real_Estate_Held_for_Sa2

Note 5 - Real Estate Held for Sale (Details) (USD $)

12 Months Ended

12 Months Ended

12 Months Ended

12 Months Ended

3 Months Ended

12 Months Ended

12 Months Ended

12 Months Ended

Dec. 31, 2013

Dec. 31, 2012

Feb. 28, 2013

Dec. 31, 2012

Dec. 31, 2013

Dec. 31, 2013

Dec. 31, 2013

Dec. 31, 2012

Dec. 31, 2013

Dec. 31, 2012

Dec. 31, 2012

Dec. 31, 2012

Dec. 31, 2012

Dec. 31, 2012

Dec. 31, 2012

Dec. 31, 2012

Dec. 31, 2012

Dec. 31, 2013

Dec. 31, 2013

Dec. 31, 2013

Dec. 31, 2013

Dec. 31, 2012

Aug. 31, 2011

Aug. 31, 2011

Dec. 31, 2013

Dec. 31, 2012

Aug. 31, 2011

Dec. 31, 2013

Dec. 31, 2013

Dec. 31, 2013

Dec. 31, 2013

Dec. 31, 2012

Assets Held-for-sale [Member]

Additional [Member]

Residential [Member]

Residential [Member]

Residential [Member]

Commercial [Member]

Manufactured Home/Lot Ione, California [Member]

Model Homes [Member]

Industrial Building Located in Chico, California [Member]

Nineteen Condominium Units, San Diego, California (Held Within 33rd Street Terrace, LLC) [Member]

Eight Townhomes, Santa Barbara, California (Held Within Anacapa Villas, LLC) [Member]

550 Sandy Lane, LLC [Member]

Golf Course, Auburn, California (Held Within Darkhorse Golf Club, LLC) [Member]

Office/retail complex, Hilo, Hawaii [Member]

Basis Amount [Member]

1401 on Jackson, LLC [Member]

1401 on Jackson, LLC [Member]

Dalton LLC [Member]

Dalton LLC [Member]

1875 [Member]

1875 [Member]

1875 [Member]

1875 [Member]

1875 [Member]

Hilo, Hawaii [Member]

Hilo, Hawaii [Member]

Hilo, Hawaii [Member]

Manufactured Home/Lot Ione, California [Member]

Cash [Member]

Hilo, Hawaii [Member]

1401 on Jackson, LLC [Member]

1401 on Jackson, LLC [Member]

1875 [Member]

Oakland, California [Member]

Oakland, California [Member]

Ownes [Member]

PNL [Member]

acre

Principal Paydown 1 [Member]

Principal Paydown 2 [Member]

Oakland, California [Member]

Oakland, California [Member]

Note 5 - Real Estate Held for Sale (Details) [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Number of Real Estate Properties

'

2

2

'

'

45

'

'

2

'

'

'

19

8

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Sales of Real Estate

$409,000

$0

'

$1,650,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

$11,000,000

$300,000

'

'

'

'

'

'

'

'

$1,950,000

'

'

Proceeds from Sale of Other Real Estate

'

330,000

'

'

'

'

'

'

'

66,000

25,000

8,514,000

2,181,000

2,177,000

4,979,000

1,513,000

'

5,078,000

'

1,000,000

100,000

'

'

'

9,489,000

'

'

'

'

250,000

106,000

'

Debt Instrument, Interest Rate, Stated Percentage

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

4.50%

4.50%

6.00%

'

'

'

'

'

'

'

'

5.00%

'

'

Monthly Principal and Interest Term

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'1 year

'

'

'

'

'

'

'

'

'

'

'

'

Gain (Loss) on Sale of Properties

2,942,861

[1]

4,111,841

[1]

'

'

36,000

'

'

'

'

1,000

12,000

1,863,000

555,000

442,000

835,000

378,000

'

'

233,000

207,000

13,000

0

'

'

2,174,000

'

'

'

'

36,000

28,000

'

Deferred Gain on Sale of Property

3,313,169

[1]

1,327,406

[1]

'

'

'

'

'

'

'

'

'

'

'

1,327,000

'

'

644,000

'

2,073,000

2,073,000

25,000

'

'

'

'

'

'

'

'

246,000

'

'

Proceeds from Collection of Notes Receivable

15,641,192

[1]

5,979,614

[1]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

1,554,000

'

'

'

'

'

'

'

'

'

'

'

'

'

Mortgage Loan Related to Property Sales

'

1,320,000

'

'

'

'

'

'

'

'

'

'

'

7,500,000

'

'

'

'

10,000,000

'

200,000

'

'

'

'

'

'

'

'

1,700,000

'

'

Cost of Real Estate Sales

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

89,000

'

'

'

'

'

'

'

'

'

'

'

'

'

Note Receivable Term

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'3 years

'

'

Note Principal Paydowns Within Allotted Time

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

125,000

'

'

Time Allottment For Each Paydown

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'30 days

'60 days

'

'

'

Area of Land (in Acres)

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

22.41

'

'

'

'

'

Noncontrolling Interest, Ownership Percentage by Parent

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

60.00%

'

'

'

'

'

Real Estate Held-for-sale

5,890,131

[1]

56,173,094

[1]

'

'

'

'

93,647

42,458,402

'

'

'

'

'

'

'

'

'

'

'

'

'

'

5,078,000

'

'

'

'

'

'

'

'

'

Default Interest at Foreclosure

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

1,019,000

'

'

'

'

'

'

'

'

Noncontrolling Interest in Joint Ventures

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-4,000

2,001,000

'

'

'

'

'

'

Payment for Management Fee

'

147,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

50,000

Payment of Management Fees with Real Estate

'

'

'

'

'

'

'

'

'

'

97,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Mortgage Loans on Real Estate, Foreclosures

'

2,000,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Interest And Othe rReceivables Foreclosures

'

$306,896

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

[1]

As recast to reflect the balances of Owens Mortgage Investment Fund, LP combined with the balances of Owens Realty Mortgage, Inc. beginning January 1, 2012, as required under the accounting guidelines for a transfer between entities under common control (refer to Note 1).

Note_5_Real_Estate_Held_for_Sa3

Note 5 - Real Estate Held for Sale (Details) - Properties Acquired Through Foreclosure (USD $)	Dec. 31, 2013		Dec. 31, 2012
Note 5 - Real Estate Held for Sale (Details) - Properties Acquired Through Foreclosure [Line Items]	'		'
Real estate held for sale	$5,890,131	[1]	$56,173,094	[1]
Residential [Member]	'		'
Note 5 - Real Estate Held for Sale (Details) - Properties Acquired Through Foreclosure [Line Items]	'		'
Real estate held for sale	93,647		42,458,402
Improved and unimproved land [Member]	'		'
Note 5 - Real Estate Held for Sale (Details) - Properties Acquired Through Foreclosure [Line Items]	'		'
Real estate held for sale	3,427,200		7,752,836
Retail Site [Member]	'		'
Note 5 - Real Estate Held for Sale (Details) - Properties Acquired Through Foreclosure [Line Items]	'		'
Real estate held for sale	'		5,553,856
Golf Course [Member]	'		'
Note 5 - Real Estate Held for Sale (Details) - Properties Acquired Through Foreclosure [Line Items]	'		'
Real estate held for sale	1,961,284		'
Marinas [Member]	'		'
Note 5 - Real Estate Held for Sale (Details) - Properties Acquired Through Foreclosure [Line Items]	'		'
Real estate held for sale	$408,000		$408,000
[1]	As recast to reflect the balances of Owens Mortgage Investment Fund, LP combined with the balances of Owens Realty Mortgage, Inc. beginning January 1, 2012, as required under the accounting guidelines for a transfer between entities under common control (refer to Note 1).

Note_5_Real_Estate_Held_for_Sa4

Note 5 - Real Estate Held for Sale (Details) - Impairment Losses on Real Estate Held for Sale (USD $)	12 Months Ended
	Dec. 31, 2013		Dec. 31, 2012
Note 5 - Real Estate Held for Sale (Details) - Impairment Losses on Real Estate Held for Sale [Line Items]	'		'
Real Estate Held For Sale	$666,240	[1]	$4,873,266	[1]
Assets Held-for-sale [Member]	'		'
Note 5 - Real Estate Held for Sale (Details) - Impairment Losses on Real Estate Held for Sale [Line Items]	'		'
Real Estate Held For Sale	'		453,070
Manufactured Home Subdivision Development, Lone, California [Member]	'		'
Note 5 - Real Estate Held for Sale (Details) - Impairment Losses on Real Estate Held for Sale [Line Items]	'		'
Real Estate Held For Sale	'		100,830
Golf Course, Auburn, California (Held Within Darkhorse Golf Club, LLC) [Member]	'		'
Note 5 - Real Estate Held for Sale (Details) - Impairment Losses on Real Estate Held for Sale [Line Items]	'		'
Real Estate Held For Sale	'		328,240
Marina with 30 Boat Slips and 11 RV Spaces, Oakley, California (Held Within The Last Resort and Marina, LLC) [Member]	'		'
Note 5 - Real Estate Held for Sale (Details) - Impairment Losses on Real Estate Held for Sale [Line Items]	'		'
Real Estate Held For Sale	'		$24,000
[1]	As recast to reflect the balances of Owens Mortgage Investment Fund, LP combined with the balances of Owens Realty Mortgage, Inc. beginning January 1, 2012, as required under the accounting guidelines for a transfer between entities under common control (refer to Note 1).

Note_6_Real_Estate_Held_for_In2

Note 6 - Real Estate Held for Investment (Details) (USD $)

12 Months Ended

0 Months Ended

12 Months Ended

12 Months Ended

1 Months Ended

12 Months Ended

1 Months Ended

12 Months Ended

Dec. 31, 2013

Dec. 31, 2012

Feb. 28, 2013

Dec. 31, 2011

Feb. 28, 2014

Feb. 28, 2014

Dec. 31, 2013

Dec. 31, 2013

Dec. 31, 2013

Dec. 31, 2013

Dec. 31, 2012

Dec. 31, 2011

Dec. 31, 2011

Dec. 31, 2011

Dec. 31, 2011

Dec. 31, 2012

Dec. 31, 2012

Oct. 31, 2013

31-May-13

Dec. 31, 2012

31-May-13

Oct. 31, 2013

Oct. 31, 2013

Oct. 31, 2013

Dec. 31, 2013

Dec. 31, 2013

Oct. 31, 2013

Oct. 31, 2013

Jul. 31, 2013

Feb. 28, 2013

Dec. 31, 2012

Dec. 31, 2013

Mar. 31, 2012

Dec. 31, 2013

Dec. 31, 2012

Dec. 31, 2011

Dec. 31, 2013

Dec. 31, 2013

Dec. 31, 2012

Dec. 31, 2013

Subsequent Event [Member]

Subsequent Event [Member]

Boat Slips [Member]

Undeveloped Parcel, South Lake Tahoe, California [Member]

Undeveloped Parcel, South Lake Tahoe, California 2 [Member]

Retail Complex, Greeley, Colorado (Held Within 720 University, LLC) [Member]

Retail Complex, Greeley, Colorado (Held Within 720 University, LLC) [Member]

Complex Building [Member]

Condominium Building [Member]

Unsold Condominims [Member]

Vacant Condominiums [Member]

Parcels, First, Second, and Third Deeds of Trust [Member]

Parcels Acquired by Lenders Hodling Senior Positions [Member]

Parcel [Member]

Parcel [Member]

Parcel [Member]

Third Deed of Trust Parcel [Member]

Post Consolidation Parcels [Member]

Parcels Fronting HWY 50 [Member]

Parcels Fronting HWY 50 [Member]

Brannan Island, LLC (foreclosed in 2013) [Member]

Tahoe Stateline Venture, LLC [Member]

Tahoe Stateline Venture, LLC [Member]

Tahoe Stateline Venture, LLC [Member]

Tahoe Stateline Venture, LLC [Member]

Tahoe Stateline Venture, LLC [Member]

Tahoe Stateline Venture, LLC [Member]

Tahoe Stateline Venture, LLC [Member]

TOTB [Member]

TOTB [Member]

TOTB [Member]

TOTB [Member]

OFG [Member]

720 [Member]

720 [Member]

First Phase [Member]

Parcel [Member]

Tahoe Stateline Venture, LLC [Member]

Brannan Island, LLC (foreclosed in 2013) [Member]

Tahoe Stateline Venture, LLC [Member]

Tahoe Stateline Venture, LLC [Member]

TOTB [Member]

TOTB [Member]

TOTB [Member]

Tahoe Stateline Venture, LLC [Member]

Tahoe Stateline Venture, LLC [Member]

Tahoe Stateline Venture, LLC [Member]

Tahoe Stateline Venture, LLC [Member]

Tahoe Stateline Venture, LLC [Member]

Tahoe Stateline Venture, LLC [Member]

Tahoe Stateline Venture, LLC [Member]

Tahoe Stateline Venture, LLC [Member]

Including Advances [Member]

Notes Payable, Other Payables [Member]

sqft

sqft

Tahoe Stateline Venture, LLC [Member]

Tahoe Stateline Venture, LLC [Member]

Note 6 - Real Estate Held for Investment (Details) [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Depreciation

$2,387,000

$2,060,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

$897,000

$299,000

'

'

'

'

'

Sales of Real Estate

409,000

0

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Gains (Losses) on Sales of Investment Real Estate

216,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Number of Real Estate Properties

'

2

2

'

9

'

179

2

10

'

'

3

2

'

'

29

16

20

10

7

1

16

8

9

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Mortgage Loans on Real Estate, Foreclosures

'

2,000,000

'

'

'

'

'

1,401,000

22,923,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

1,863,000

25,109,000

'

'

'

1,400,000

'

'

'

'

'

26,257,000

'

'

'

'

Interest and Other Receivables, Foreclosures

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

140,000

'

'

'

'

'

'

335,000

'

'

'

'

'

'

'

'

952,357

[1]

'

[1]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

952,000

'

'

'

'

'

'

'

'

Allowance for Loan and Lease Losses, Real Estate

4,739,088

[1]

24,417,897

[1]

'

24,541,897

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

18,333,000

'

'

'

'

'

'

'

'

Allowance for Loan and Lease Losses, Adjustments, Net

-6,476,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Allowance for Loan and Lease Losses, Write-offs

11,856,697

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Noncontrolling Interest, Ownership Percentage by Parent

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

80.74%

'

'

'

'

65.00%

'

'

Priority Return on Partner Contributions, Allocation Rate

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

10.00%

'

'

Income (Loss) from Continuing Operations Attributable to Parent

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

201,000

-3,000

'

'

203,000

275,000

'

Depreciation, Depletion and Amortization, Nonproduction

2,485,587

[1]

2,292,537

[1]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

433,000

441,000

'

Noncontrolling Interest in Joint Ventures

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

6,372,000

6,055,000

'

'

-15,000

-7,000

'

Real Estate Investment Property, Net

129,425,833

[1]

71,600,255

[1]

'

'

'

'

'

'

'

11,697,000

11,975,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Number of Units in Real Estate Property

'

'

'

'

'

'

'

'

'

'

'

'

'

169

160

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Payments to Acquire Interest in Subsidiaries and Affiliates

'

[1]

7,200,000

[1]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

7,200,000

'

'

2,583,000

'

'

'

'

Payments to Noncontrolling Interests

4,144,704

[1]

21,347

[1]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

7,200,000

'

'

'

'

'

'

'

Noncontrolling Interest, Ownership Percentage by Noncontrolling Owners

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

19.26%

'

'

'

'

'

'

'

Preferred Return, Percent

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

15.00%

'

'

'

'

'

'

'

Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Changes, Additional Interest Issued to Parent

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

2,760,000

'

'

'

'

Proceeds from Contributions from Affiliates

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

2,583,000

'

'

'

'

'

'

Noncontrolling Interest, Increase from Subsidiary Equity Issuance

-362,593

[1]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

1,520,000

'

'

363,000

'

'

'

Mortgage Loans on Real Estate

58,796,293

70,262,262

'

69,421,876

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

24,203,000

'

'

'

'

'

'

'

'

'

Area of Land (in Square Feet)

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

502,267

'

'

'

'

'

'

'

'

'

Aggregate Purchase Agreements

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

6,600,000

'

'

'

'

'

'

'

'

'

Payments to Acquire Real Estate

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

5,697,000

'

'

'

'

'

'

'

'

'

Cost of Real Estate Sales

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

81,000

'

'

'

'

'

'

'

'

'

Payments for Other Taxes

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

1,691,000

2,316,000

'

'

'

'

'

'

'

'

'

Excess Funds Remitted To TSV For Parcel Purchase

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

625,000

'

'

'

'

'

'

'

'

'

'

Secured Debt

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

3,300,000

'

'

'

'

'

'

'

'

'

'

Debt Instrument, Interest Rate, Stated Percentage

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

5.00%

'

5.00%

'

'

'

'

'

'

'

'

'

'

Repayments of Senior Debt

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

660,000

'

'

'

'

'

'

'

'

'

'

'

Liabilities Assumed

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

1,000,000

'

'

'

'

'

'

'

'

'

'

'

Repayments of Notes Payable

467,317

[1]

157,529

[1]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

300,000

'

'

'

'

'

'

'

'

'

'

'

'

Notes Payable

13,917,585

[1]

13,384,902

[1]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

700,000

'

'

'

'

'

'

'

'

'

'

'

'

'

Area of Real Estate Property (in Square Feet)

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

30,507

'

'

'

'

'

'

'

'

Contractual Obligation

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

18,875,000

'

250,000

'

'

'

'

'

16,702,000

Development Costs, Cumulative

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

10,214,000

'

'

'

'

'

'

'

'

Capital Expenditures Incurred but Not yet Paid

$1,097,450

[1]

'

[1]

'

'

'

$6,000,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

[1]

As recast to reflect the balances of Owens Mortgage Investment Fund, LP combined with the balances of Owens Realty Mortgage, Inc. beginning January 1, 2012, as required under the accounting guidelines for a transfer between entities under common control (refer to Note 1).

Note_6_Real_Estate_Held_for_In3

Note 6 - Real Estate Held for Investment (Details) - Real Estate Held for Investment (USD $)	Dec. 31, 2013		Dec. 31, 2012
Real Estate Properties [Line Items]	'		'
Real estate held for investment	$129,425,833	[1]	$71,600,255	[1]
Improved and unimproved land [Member]	'		'
Real Estate Properties [Line Items]	'		'
Real estate held for investment	46,873,135		24,766,280
Residential [Member]	'		'
Real Estate Properties [Line Items]	'		'
Real estate held for investment	47,037,370		14,547,406
Retail Site [Member]	'		'
Real Estate Properties [Line Items]	'		'
Real estate held for investment	15,588,452		11,974,751
Office Building [Member]	'		'
Real Estate Properties [Line Items]	'		'
Real estate held for investment	9,348,331		9,657,815
Industrial Property [Member]	'		'
Real Estate Properties [Line Items]	'		'
Real estate held for investment	4,605,910		4,656,936
Warehouse [Member]	'		'
Real Estate Properties [Line Items]	'		'
Real estate held for investment	3,943,780		4,037,575
Marinas [Member]	'		'
Real Estate Properties [Line Items]	'		'
Real estate held for investment	2,028,855		'
Golf Course [Member]	'		'
Real Estate Properties [Line Items]	'		'
Real estate held for investment	'		$1,959,492
[1]	As recast to reflect the balances of Owens Mortgage Investment Fund, LP combined with the balances of Owens Realty Mortgage, Inc. beginning January 1, 2012, as required under the accounting guidelines for a transfer between entities under common control (refer to Note 1).

Note_6_Real_Estate_Held_for_In4

Note 6 - Real Estate Held for Investment (Details) - Land and The Major Classes of Depreciable Property for Real Estate Held for Investment (USD $)	Dec. 31, 2013		Dec. 31, 2012
Land and The Major Classes of Depreciable Property for Real Estate Held for Investment [Abstract]	'		'
Land and land improvements	$73,591,953		$37,381,547
Buildings and improvements	65,433,599		40,736,868
	139,025,552		78,118,415
Less: Accumulated depreciation and amortization	-9,599,719	[1]	-6,518,160	[1]
	$129,425,833	[1]	$71,600,255	[1]
[1]	As recast to reflect the balances of Owens Mortgage Investment Fund, LP combined with the balances of Owens Realty Mortgage, Inc. beginning January 1, 2012, as required under the accounting guidelines for a transfer between entities under common control (refer to Note 1).

Note_6_Real_Estate_Held_for_In5

Note 6 - Real Estate Held for Investment (Details) - Impairment Losses on Real Estate Held For Investment (USD $)	12 Months Ended
	Dec. 31, 2013		Dec. 31, 2012
Note 6 - Real Estate Held for Investment (Details) - Impairment Losses on Real Estate Held For Investment [Line Items]	'		'
Real estate held for investment	$666,240	[1]	$4,873,266	[1]
75 Improved, Residential Lots, Auburn, California, (Held Within Baldwin Ranch Subdivision, LLC) [Member]	'		'
Note 6 - Real Estate Held for Investment (Details) - Impairment Losses on Real Estate Held For Investment [Line Items]	'		'
Real estate held for investment	'		31,156
Undeveloped industrial land, San Jose, California [Member]	'		'
Note 6 - Real Estate Held for Investment (Details) - Impairment Losses on Real Estate Held For Investment [Line Items]	'		'
Real estate held for investment	'		86,400
Two Improved Residential Lots, West Sacramento, California [Member]	'		'
Note 6 - Real Estate Held for Investment (Details) - Impairment Losses on Real Estate Held For Investment [Line Items]	'		'
Real estate held for investment	13,440		51,840
Undeveloped, Residential Land, Coolidge, Arizona [Member]	'		'
Note 6 - Real Estate Held for Investment (Details) - Impairment Losses on Real Estate Held For Investment [Line Items]	'		'
Real estate held for investment	'		38,400
6 Improved Residential Lots, Coeur DbAlene, Idaho [Member]	'		'
Note 6 - Real Estate Held for Investment (Details) - Impairment Losses on Real Estate Held For Investment [Line Items]	'		'
Real estate held for investment	652,800		372,400
Unimproved Residential and Commercial Land, Gypsum, Colorado [Member]	'		'
Note 6 - Real Estate Held for Investment (Details) - Impairment Losses on Real Estate Held For Investment [Line Items]	'		'
Real estate held for investment	'		3,840,000
Gross [Member]	'		'
Note 6 - Real Estate Held for Investment (Details) - Impairment Losses on Real Estate Held For Investment [Line Items]	'		'
Real estate held for investment	$666,240		$4,420,196
[1]	As recast to reflect the balances of Owens Mortgage Investment Fund, LP combined with the balances of Owens Realty Mortgage, Inc. beginning January 1, 2012, as required under the accounting guidelines for a transfer between entities under common control (refer to Note 1).

Note_6_Real_Estate_Held_for_In6

Note 6 - Real Estate Held for Investment (Details) - Approximate Net Operating Income (loss) from Partnership Real Estate Properties (USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
Note 6 - Real Estate Held for Investment (Details) - Approximate Net Operating Income (loss) from Partnership Real Estate Properties [Line Items]	'	'
Net operating income (loss)	$8,732,897	($1,679,820)
Anacapa Villas, LLC [Member]	'	'
Note 6 - Real Estate Held for Investment (Details) - Approximate Net Operating Income (loss) from Partnership Real Estate Properties [Line Items]	'	'
Net operating income (loss)	-4,000	527,000
Dation, LLC [Member]	'	'
Note 6 - Real Estate Held for Investment (Details) - Approximate Net Operating Income (loss) from Partnership Real Estate Properties [Line Items]	'	'
Net operating income (loss)	7,000	2,000
DarkHorse Golf Club, LLC [Member]	'	'
Note 6 - Real Estate Held for Investment (Details) - Approximate Net Operating Income (loss) from Partnership Real Estate Properties [Line Items]	'	'
Net operating income (loss)	-166,000	-690,000
Lone Star Golf, LLC [Member]	'	'
Note 6 - Real Estate Held for Investment (Details) - Approximate Net Operating Income (loss) from Partnership Real Estate Properties [Line Items]	'	'
Net operating income (loss)	-99,000	-160,000
Baldwin Ranch Subdivision, LLC [Member]	'	'
Note 6 - Real Estate Held for Investment (Details) - Approximate Net Operating Income (loss) from Partnership Real Estate Properties [Line Items]	'	'
Net operating income (loss)	-92,000	-100,000
The Last Resort and Marina, LLC [Member]	'	'
Note 6 - Real Estate Held for Investment (Details) - Approximate Net Operating Income (loss) from Partnership Real Estate Properties [Line Items]	'	'
Net operating income (loss)	-22,000	-20,000
33rd Street Terrace, LLC [Member]	'	'
Note 6 - Real Estate Held for Investment (Details) - Approximate Net Operating Income (loss) from Partnership Real Estate Properties [Line Items]	'	'
Net operating income (loss)	5,000	645,000
54th Street Condos, LLC [Member]	'	'
Note 6 - Real Estate Held for Investment (Details) - Approximate Net Operating Income (loss) from Partnership Real Estate Properties [Line Items]	'	'
Net operating income (loss)	-43,000	-356,000
Wolfe Central, LLC [Member]	'	'
Note 6 - Real Estate Held for Investment (Details) - Approximate Net Operating Income (loss) from Partnership Real Estate Properties [Line Items]	'	'
Net operating income (loss)	397,000	397,000
AMFU, LLC [Member]	'	'
Note 6 - Real Estate Held for Investment (Details) - Approximate Net Operating Income (loss) from Partnership Real Estate Properties [Line Items]	'	'
Net operating income (loss)	65,000	18,000
Phillips Road, LLC [Member]	'	'
Note 6 - Real Estate Held for Investment (Details) - Approximate Net Operating Income (loss) from Partnership Real Estate Properties [Line Items]	'	'
Net operating income (loss)	108,000	89,000
550 Sandy Lane, LLC [Member]	'	'
Note 6 - Real Estate Held for Investment (Details) - Approximate Net Operating Income (loss) from Partnership Real Estate Properties [Line Items]	'	'
Net operating income (loss)	2,000	1,024,000
1401 on Jackson, LLC [Member]	'	'
Note 6 - Real Estate Held for Investment (Details) - Approximate Net Operating Income (loss) from Partnership Real Estate Properties [Line Items]	'	'
Net operating income (loss)	487,000	55,000
Broadway & Commerce, LLC [Member]	'	'
Note 6 - Real Estate Held for Investment (Details) - Approximate Net Operating Income (loss) from Partnership Real Estate Properties [Line Items]	'	'
Net operating income (loss)	47,000	88,000
Brannan Island, LLC (foreclosed in 2013) [Member]	'	'
Note 6 - Real Estate Held for Investment (Details) - Approximate Net Operating Income (loss) from Partnership Real Estate Properties [Line Items]	'	'
Net operating income (loss)	-55,000	'
Light Industrial Building, Paso Robles, California [Member]	'	'
Note 6 - Real Estate Held for Investment (Details) - Approximate Net Operating Income (loss) from Partnership Real Estate Properties [Line Items]	'	'
Net operating income (loss)	146,000	185,000
Undeveloped Land, Gypsum, Colorado [Member]	'	'
Note 6 - Real Estate Held for Investment (Details) - Approximate Net Operating Income (loss) from Partnership Real Estate Properties [Line Items]	'	'
Net operating income (loss)	-114,000	-129,000
Office Condominium Complex, Roseville, California [Member]	'	'
Note 6 - Real Estate Held for Investment (Details) - Approximate Net Operating Income (loss) from Partnership Real Estate Properties [Line Items]	'	'
Net operating income (loss)	128,000	-46,000
Storage Facility, Stockton, California [Member]	'	'
Note 6 - Real Estate Held for Investment (Details) - Approximate Net Operating Income (loss) from Partnership Real Estate Properties [Line Items]	'	'
Net operating income (loss)	292,000	291,000
Industrial Building, Chico, California (sold in 2012) [Member]	'	'
Note 6 - Real Estate Held for Investment (Details) - Approximate Net Operating Income (loss) from Partnership Real Estate Properties [Line Items]	'	'
Net operating income (loss)	1,000	1,694,000
Undeveloped Land, San Jose, California [Member]	'	'
Note 6 - Real Estate Held for Investment (Details) - Approximate Net Operating Income (loss) from Partnership Real Estate Properties [Line Items]	'	'
Net operating income (loss)	($156,000)	($342,000)

Note_7_Notes_Payable_Details

Note 7 - Notes Payable (Details) (USD $)	12 Months Ended
	Dec. 31, 2013		Dec. 31, 2012
Note 7 - Notes Payable (Details) [Line Items]	'		'
Notes Payable	$13,917,585	[1]	$13,384,902	[1]
Debt Instrument, Periodic Payment	56,816		'
Interest Expense	513,750	[1]	523,579	[1]
Number of Notes Payable	3		2
Interest Paid	678,105	[1]	524,267	[1]
720 [Member]	'		'
Note 7 - Notes Payable (Details) [Line Items]	'		'
Notes Payable	9,918,000		10,085,000
Debt Instrument, Interest Rate, Stated Percentage	5.07%		'
Tahoe Stateline Venture, LLC [Member] | Semi-Annual Interest Only Payments Due December 2016 [Member]	'		'
Note 7 - Notes Payable (Details) [Line Items]	'		'
Notes Payable	3,300,000		'
Debt Instrument, Interest Rate, Stated Percentage	5.00%		'
Number of Notes Payable	2		'
Tahoe Stateline Venture, LLC [Member] | Quarterly Interest Only Payments Due August 2017 [Member]	'		'
Note 7 - Notes Payable (Details) [Line Items]	'		'
Notes Payable	700,000		'
Debt Instrument, Interest Rate, Stated Percentage	5.00%		'
Number of Notes Payable	1		'
Tahoe Stateline Venture, LLC [Member]	'		'
Note 7 - Notes Payable (Details) [Line Items]	'		'
Notes Payable	4,000,000		3,300,000
Number of Parcels	9		9
Interest Paid	164,000		'
Interest Payable	$21,000		$12,000
[1]	As recast to reflect the balances of Owens Mortgage Investment Fund, LP combined with the balances of Owens Realty Mortgage, Inc. beginning January 1, 2012, as required under the accounting guidelines for a transfer between entities under common control (refer to Note 1).

Note_7_Notes_Payable_Details_N

Note 7 - Notes Payable (Details) - Notes Payable - Maturities by Year (USD $)	Dec. 31, 2013		Dec. 31, 2012
Notes Payable - Maturities by Year [Abstract]	'		'
2014	$176,122		'
2015	9,741,463		'
2016	3,300,000		'
2017	700,000		'
	$13,917,585	[1]	$13,384,902	[1]
[1]	As recast to reflect the balances of Owens Mortgage Investment Fund, LP combined with the balances of Owens Realty Mortgage, Inc. beginning January 1, 2012, as required under the accounting guidelines for a transfer between entities under common control (refer to Note 1).

Note_8_Stockholders_Equity_Det

Note 8 - Stockholders' Equity (Details) (USD $)

0 Months Ended

7 Months Ended

12 Months Ended

3 Months Ended

0 Months Ended

3 Months Ended

20-May-13

Apr. 16, 2013

Aug. 09, 2013

Dec. 31, 2013

Jan. 23, 2013

Dec. 31, 2012

Aug. 09, 2012

Dec. 31, 2011

Mar. 31, 2014

Feb. 12, 2013

Apr. 16, 2013

Aug. 09, 2012

Subsequent Event [Member]

William C Owens [Member]

William C Owens [Member]

William C Owens [Member]

Note 8 - Stockholders' Equity (Details) [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

Common Stock, Shares Authorized

'

'

'

50,000,000

[1]

50,000,000

50,000,000

[1]

1,000,000

'

'

'

'

'

Common Stock, Par or Stated Value Per Share (in Dollars per share)

'

'

'

$0.01

[1]

$0.01

$0.01

[1]

$0.01

'

'

'

'

$0.01

Preferred Stock, Shares Authorized

'

'

'

5,000,000

[1]

5,000,000

5,000,000

[1]

'

'

'

'

'

'

Preferred Stock, Par or Stated Value Per Share (in Dollars per share)

'

'

'

$0.01

[1]

$0.01

$0.01

[1]

'

'

'

'

'

'

Common Stock, Shares, Issued

'

'

'

11,198,119

[1]

'

11,198,119

[1]

'

11,198,119

'

'

'

1,000

Share Price (in Dollars per share)

'

'

'

'

'

'

'

'

'

'

'

$1

Common Stock, Value, Issued (in Dollars)

'

'

'

$111,981

[1]

'

$111,981

[1]

'

'

'

'

'

$1,000

Stock Repurchased and Retired During Period, Shares

'

'

'

'

'

'

'

'

'

1,000

1,000

'

Stock Repurchased and Retired During Period, Value (in Dollars)

'

'

'

'

'

'

'

'

'

1,000

1,000

'

Partnership Units Converted Into Common Stock

'

25

'

'

'

'

'

'

'

'

'

'

General Partner Units Cancelled

1,496,000

1,496,000

'

'

'

'

'

'

'

'

'

'

General Partner Units Converted

1,378,256

1,378,256

'

'

'

'

'

'

'

'

'

'

Stock Repurchase Program, Authorized Amount (in Dollars)

'

'

7,000,000

'

'

'

'

'

'

'

'

'

Stock Repurchased During Period, Shares

'

'

'

403,910

'

'

'

'

26,208

'

'

'

Stock Repurchased During Period, Value (in Dollars)

'

'

'

$5,024,000

'

'

'

'

$325,000

'

'

'

Treasury Stock Acquired, Average Cost Per Share (in Dollars per share)

'

'

'

$12.44

'

'

'

'

'

'

'

'

[1]

As recast to reflect the balances of Owens Mortgage Investment Fund, LP combined with the balances of Owens Realty Mortgage, Inc. beginning January 1, 2012, as required under the accounting guidelines for a transfer between entities under common control (refer to Note 1).

Note_9_Restricted_Cash_Details

Note 9 - Restricted Cash (Details) (USD $)	Dec. 31, 2013		Dec. 31, 2012
Note 9 - Restricted Cash (Details) [Line Items]	'		'
Restricted Cash and Cash Equivalents	$4,095,435	[1]	$6,264,110	[1]
Escrow Deposit	200,000		2,316,000
Contingency Reserves [Member]	'		'
Note 9 - Restricted Cash (Details) [Line Items]	'		'
Restricted Cash and Cash Equivalents	$3,895,000		$3,948,000
[1]	As recast to reflect the balances of Owens Mortgage Investment Fund, LP combined with the balances of Owens Realty Mortgage, Inc. beginning January 1, 2012, as required under the accounting guidelines for a transfer between entities under common control (refer to Note 1).

Note_10_Income_Taxes_Details

Note 10 - Income Taxes (Details)	12 Months Ended
	Dec. 31, 2013
Note 10 - Income Taxes (Details) [Line Items]	'
Percentage of Taxable Income Distributed to Stockholders	100.00%
To Maintain REIT Status for Federal Income Tax Purposes [Member]	'
Note 10 - Income Taxes (Details) [Line Items]	'
Minimum Percentage of Taxable Income to be Distributed to Stockholders	90.00%
Threshold to Not be Subject to Federal Corporate Income Tax [Member]	'
Note 10 - Income Taxes (Details) [Line Items]	'
Minimum Percentage of Taxable Income to be Distributed to Stockholders	100.00%

Note_11_Transactions_with_Affi1

Note 11 - Transactions with Affiliates (Details) (USD $)	12 Months Ended
	Dec. 31, 2013		Dec. 31, 2012
Note 11 - Transactions with Affiliates (Details) [Line Items]	'		'
Management Fee Expense	$1,664,076	[1]	$1,760,589	[1]
Professional and Contract Services Expense	151,643	[1]	164,606	[1]
Due to Related Parties	293,776	[1]	298,349	[1]
Potential Decrease in Net Income, Percentage	0.05%		'
Potential Increase in Net Income, Percentage	'		3.00%
Late Fee Income Generated by Servicing Financial Assets, Amount	5,000		37,000
Ancillary Fee Income Generated by Servicing Financial Assets, Amount	1,000		0
Loan Fees Earned by OFG	658,000		24,000
Loans and Leases Receivable, Gross	58,796,293		70,262,262
Loan Fees as Percentage of Loans Originated, Rewritten, or Extended	3.50%		3.00%
Related Party Transaction, Amounts of Transaction	742,000		664,000
Management Fee [Member]	'		'
Note 11 - Transactions with Affiliates (Details) [Line Items]	'		'
Related Party Transaction, Rate	2.75%		'
Servicing Fee [Member]	'		'
Note 11 - Transactions with Affiliates (Details) [Line Items]	'		'
Related Party Transaction, Rate	0.25%		'
Management and Service Fees [Member]	'		'
Note 11 - Transactions with Affiliates (Details) [Line Items]	'		'
Due to Related Parties	294,000		298,000
Difference [Member]	'		'
Note 11 - Transactions with Affiliates (Details) [Line Items]	'		'
Management Fee Expense	4,000		50,000
Back End Fee [Member]	'		'
Note 11 - Transactions with Affiliates (Details) [Line Items]	'		'
Loan Fees Earned by OFG	55,000		'
Trustee's Fees [Member] | Investor's Yield, Inc. [Member]	'		'
Note 11 - Transactions with Affiliates (Details) [Line Items]	'		'
Related Party Transaction, Amounts of Transaction	34,000		'
OFG Loan [Member]	'		'
Note 11 - Transactions with Affiliates (Details) [Line Items]	'		'
Loans and Leases Receivable, Gross	18,977,000		800,000
Maximum [Member]	'		'
Note 11 - Transactions with Affiliates (Details) [Line Items]	'		'
Management Fee Expense	$1,668,000		$1,811,000
[1]	As recast to reflect the balances of Owens Mortgage Investment Fund, LP combined with the balances of Owens Realty Mortgage, Inc. beginning January 1, 2012, as required under the accounting guidelines for a transfer between entities under common control (refer to Note 1).

Note_12_Rental_Income_Details

Note 12 - Rental Income (Details)	12 Months Ended
	Dec. 31, 2013
Minimum [Member]	'
Note 12 - Rental Income (Details) [Line Items]	'
Remaining Term on Lease	'1 year
Maximum [Member]	'
Note 12 - Rental Income (Details) [Line Items]	'
Remaining Term on Lease	'13 years

Note_12_Rental_Income_Details_

Note 12 - Rental Income (Details) - Future Minimum Rental Income (USD $)	Dec. 31, 2013
Future Minimum Rental Income [Abstract]	'
2014	$6,059,071
2015	2,350,896
2016	1,951,223
2017	1,440,586
2018	1,089,273
Thereafter (through 2026)	2,660,806
	$15,551,855

Note_13_Fair_Value_Details

Note 13 - Fair Value (Details) (USD $)	12 Months Ended
	Dec. 31, 2013		Dec. 31, 2012
Note 13 - Fair Value (Details) [Line Items]	'		'
Provision for Loan Losses Expensed	($7,822,112)	[1]	($124,000)	[1]
Impairment of Real Estate	666,240	[1]	4,873,266	[1]
Limit of Days Until Becoming Delinquent [Member]	'		'
Note 13 - Fair Value (Details) [Line Items]	'		'
Number of Days Delinquent	'90 days		'
Excluding Loan Loss Reversal Foreclosed Loan [Member]	'		'
Note 13 - Fair Value (Details) [Line Items]	'		'
Provision for Loan Losses Expensed	($466,000)		$322,000
[1]	As recast to reflect the balances of Owens Mortgage Investment Fund, LP combined with the balances of Owens Realty Mortgage, Inc. beginning January 1, 2012, as required under the accounting guidelines for a transfer between entities under common control (refer to Note 1).

Note_13_Fair_Value_Details_Ass

Note 13 - Fair Value (Details) - Assets and Liabilities Measured at Fair Value on a Nonrecurring Basis (USD $)	Dec. 31, 2013		Dec. 31, 2012
Impaired loans:	'		'
Loans secured by trust deeds	$54,057,205	[1]	$45,844,365	[1]
Commercial [Member] | Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 3 [Member]	'		'
Impaired loans:	'		'
Loans secured by trust deeds	541,956		632,795
Commercial [Member] | Fair Value, Measurements, Nonrecurring [Member]	'		'
Impaired loans:	'		'
Loans secured by trust deeds	541,956		632,795
Residential [Member] | Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 3 [Member]	'		'
Impaired loans:	'		'
Loans secured by trust deeds	4,896,000		4,339,200
Residential [Member] | Fair Value, Measurements, Nonrecurring [Member]	'		'
Impaired loans:	'		'
Loans secured by trust deeds	4,896,000		4,339,200
Improved and unimproved land [Member] | Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 3 [Member]	'		'
Impaired loans:	'		'
Loans secured by trust deeds	'		6,184,845
Improved and unimproved land [Member] | Fair Value, Measurements, Nonrecurring [Member]	'		'
Impaired loans:	'		'
Loans secured by trust deeds	'		6,184,845
Commercial [Member] | Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 3 [Member]	'		'
Real estate properties:	'		'
Real estate properties	408,000		2,070,889
Commercial [Member] | Fair Value, Measurements, Nonrecurring [Member]	'		'
Real estate properties:	'		'
Real estate properties	408,000		2,070,889
Improved and unimproved land [Member] | Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 3 [Member]	'		'
Real estate properties:	'		'
Real estate properties	433,920		15,365,233
Improved and unimproved land [Member] | Fair Value, Measurements, Nonrecurring [Member]	'		'
Real estate properties:	'		'
Real estate properties	433,920		15,365,233
Residential [Member] | Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 3 [Member]	'		'
Real estate properties:	'		'
Real estate properties	'		8,517,932
Residential [Member] | Fair Value, Measurements, Nonrecurring [Member]	'		'
Real estate properties:	'		'
Real estate properties	'		8,517,932
Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 3 [Member]	'		'
Impaired loans:	'		'
Loans secured by trust deeds	5,437,956		11,156,840
Real estate properties:	'		'
Real estate properties	841,920		25,954,054
Fair Value, Measurements, Nonrecurring [Member]	'		'
Impaired loans:	'		'
Loans secured by trust deeds	5,437,956		11,156,840
Real estate properties:	'		'
Real estate properties	$841,920		$25,954,054
[1]	As recast to reflect the balances of Owens Mortgage Investment Fund, LP combined with the balances of Owens Realty Mortgage, Inc. beginning January 1, 2012, as required under the accounting guidelines for a transfer between entities under common control (refer to Note 1).

Note_13_Fair_Value_Details_Lev

Note 13 - Fair Value (Details) - Level 3 Fair Value Measurements for Financial Instruments (USD $)	12 Months Ended
	Dec. 31, 2013		Dec. 31, 2012
Impaired Loans:	'		'
Fair Value (in Dollars)	54,057,205	[1]	45,844,365	[1]
Real Estate Properties:	'		'
Fair Value (in Dollars)	5,890,131	[1]	56,173,094	[1]
Commercial [Member] | Estimate of Future Improvements [Member]	'		'
Impaired Loans:	'		'
Fair Value (in Dollars)	541,956		632,795
Commercial [Member] | Estimate of Future Improvements [Member] | Weighted Average [Member]	'		'
Impaired Loans:	'		'
Range (Weighted Average)	13.60%		13.90%
Real Estate Properties:	'		'
Range (Weighted Average)	15.80%		17.80%
Commercial [Member] | Capitalization Rate [Member] | Weighted Average [Member]	'		'
Impaired Loans:	'		'
Range (Weighted Average)	6.50%		'
Real Estate Properties:	'		'
Range (Weighted Average)	8.20%		8.20%
Commercial [Member] | Comparable Sales Adjustment Range [Member]	'		'
Real Estate Properties:	'		'
Fair Value (in Dollars)	408,000		2,070,889
Commercial [Member] | Comparable Sales Adjustment Range [Member] | Minimum [Member]	'		'
Impaired Loans:	'		'
Range (Weighted Average)	-59.00%		'
Real Estate Properties:	'		'
Range (Weighted Average)	-186.20%		-28.50%
Commercial [Member] | Comparable Sales Adjustment Range [Member] | Weighted Average [Member]	'		'
Real Estate Properties:	'		'
Range (Weighted Average)	7.50%		-11.40%
Commercial [Member] | Comparable Sales Adjustment Range [Member] | Maximum [Member]	'		'
Impaired Loans:	'		'
Range (Weighted Average)	-2.30%		'
Real Estate Properties:	'		'
Range (Weighted Average)	-27.10%		1.50%
Commercial [Member] | Discount Rate [Member] | Weighted Average [Member]	'		'
Impaired Loans:	'		'
Range (Weighted Average)	'		9.50%
Residential [Member] | Estimate of Future Improvements [Member] | Weighted Average [Member]	'		'
Real Estate Properties:	'		'
Range (Weighted Average)	'		1.60%
Residential [Member] | Capitalization Rate [Member]	'		'
Impaired Loans:	'		'
Fair Value (in Dollars)	4,896,000		4,339,200
Real Estate Properties:	'		'
Fair Value (in Dollars)	'		8,517,932
Residential [Member] | Capitalization Rate [Member] | Weighted Average [Member]	'		'
Impaired Loans:	'		'
Range (Weighted Average)	5.50%		6.00%
Real Estate Properties:	'		'
Range (Weighted Average)	'		4.50%
Residential [Member] | Comparable Sales Adjustment Range [Member] | Minimum [Member]	'		'
Impaired Loans:	'		'
Range (Weighted Average)	-19.10%		'
Residential [Member] | Comparable Sales Adjustment Range [Member] | Maximum [Member]	'		'
Impaired Loans:	'		'
Range (Weighted Average)	39.00%		'
Land [Member] | Estimate of Future Improvements [Member] | Weighted Average [Member]	'		'
Real Estate Properties:	'		'
Range (Weighted Average)	54.10%		26.60%
Land [Member] | Comparable Sales Adjustment Range [Member]	'		'
Impaired Loans:	'		'
Fair Value (in Dollars)	'		6,184,845
Real Estate Properties:	'		'
Fair Value (in Dollars)	433,920		15,365,233
Land [Member] | Comparable Sales Adjustment Range [Member] | Minimum [Member]	'		'
Impaired Loans:	'		'
Range (Weighted Average)	'		-23.00%
Real Estate Properties:	'		'
Range (Weighted Average)	-33.30%		-70.30%
Land [Member] | Comparable Sales Adjustment Range [Member] | Weighted Average [Member]	'		'
Real Estate Properties:	'		'
Range (Weighted Average)	'		0.50%
Land [Member] | Comparable Sales Adjustment Range [Member] | Maximum [Member]	'		'
Impaired Loans:	'		'
Range (Weighted Average)	'		33.00%
Real Estate Properties:	'		'
Range (Weighted Average)	35.50%		62.70%
Land [Member] | Discount Rate [Member] | Weighted Average [Member]	'		'
Real Estate Properties:	'		'
Range (Weighted Average)	'		25.00%
Land [Member] | Discounts on Land improvements [Member] | Weighted Average [Member]	'		'
Impaired Loans:	'		'
Range (Weighted Average)	'		66.70%
[1]	As recast to reflect the balances of Owens Mortgage Investment Fund, LP combined with the balances of Owens Realty Mortgage, Inc. beginning January 1, 2012, as required under the accounting guidelines for a transfer between entities under common control (refer to Note 1).

Note_13_Fair_Value_Details_Car

Note 13 - Fair Value (Details) - Carrying Amounts and Estimated Fair Values of Financial Instruments (USD $)	Dec. 31, 2013		Dec. 31, 2012		Dec. 31, 2011
Financial assets	'		'		'
Cash and cash equivalents	$8,158,734	[1]	$21,131,505	[1]	$12,232,121	[1]
Cash and cash equivalents	8,159,000		21,132,000		'
Restricted Cash	4,095,435	[1]	6,264,110	[1]	'
Loans, net	54,057,205	[1]	45,844,365	[1]	'
Loans, net	54,602,000		45,844,000		'
Investment in limited liability company	2,142,582	[1]	2,141,777	[1]	'
Investment in limited liability company	2,352,000		2,217,000		'
Interest and other receivables	1,673,978	[1]	3,485,061	[1]	'
Interest and other receivables	1,674,000		3,485,000		'
Financial liabilities	'		'		'
Due to general partner	293,776	[1]	298,349	[1]	'
Accrued interest payable	64,000		56,000		'
Notes payable	13,917,585	[1]	13,384,902	[1]	'
Notes payable	13,960,000		13,461,000		'
Fair Value, Inputs, Level 1 [Member]	'		'		'
Financial assets	'		'		'
Cash and cash equivalents	8,159,000		12,232,000		'
Restricted Cash	4,095,000		6,264,000		'
Fair Value, Inputs, Level 2 [Member]	'		'		'
Financial assets	'		'		'
Interest and other receivables	238,000		1,775,000		'
Financial liabilities	'		'		'
Due to general partner	294,000		298,000		'
Accrued interest payable	64,000		56,000		'
Fair Value, Inputs, Level 3 [Member]	'		'		'
Financial assets	'		'		'
Loans, net	54,602,000		45,844,000		'
Investment in limited liability company	2,352,000		2,217,000		'
Interest and other receivables	1,436,000		1,710,000		'
Financial liabilities	'		'		'
Notes payable	13,960,000		13,461,000		'
Reported Value Measurement [Member]	'		'		'
Financial assets	'		'		'
Cash and cash equivalents	8,159,000		21,132,000		'
Restricted Cash	4,095,000		6,264,000		'
Loans, net	54,057,000		45,844,000		'
Investment in limited liability company	2,143,000		2,142,000		'
Interest and other receivables	1,674,000		3,485,000		'
Financial liabilities	'		'		'
Due to general partner	294,000		298,000		'
Accrued interest payable	64,000		56,000		'
Notes payable	$13,918,000		$13,385,000		'
[1]	As recast to reflect the balances of Owens Mortgage Investment Fund, LP combined with the balances of Owens Realty Mortgage, Inc. beginning January 1, 2012, as required under the accounting guidelines for a transfer between entities under common control (refer to Note 1).

Note_14_Commitments_and_Contin1

Note 14 - Commitments and Contingencies (Details) (USD $)	12 Months Ended	18 Months Ended		1 Months Ended
	Dec. 31, 2012	Dec. 31, 2012	Dec. 31, 2013	Jun. 30, 2011	Dec. 31, 2013	Dec. 31, 2013	Dec. 31, 2013
				Contract [Member]	Low Level of Arsenic in Non-Drinking Well Water [Member]	Tahoe Stateline Venture, LLC [Member]	TOTB [Member]
Note 14 - Commitments and Contingencies (Details) [Line Items]	'	'	'	'	'	'	'
Payments for Environmental Liabilities	$460,000	'	'	'	'	'	'
Accrual for Environmental Loss Contingencies, Provision for New Losses	100,000	'	'	'	'	'	'
Accrual for Environmental Loss Contingencies	70,000	70,000	63,000	'	17,000	'	'
Contractual Obligation	'	'	'	'	'	18,875,000	250,000
Contractual Obligation, Incurred	'	'	'	'	'	7,739,000	93,000
Long-term Purchase Commitment, Amount	'	'	'	2,484,000	'	'	'
Construction and Development Costs	'	$3,204,000	'	'	'	'	'

Note_15_Subsequent_Events_Deta

Note 15 - Subsequent Events (Details) (USD $)

12 Months Ended

1 Months Ended

0 Months Ended

1 Months Ended

0 Months Ended

1 Months Ended

Dec. 31, 2013

Dec. 31, 2012

Feb. 28, 2013

Feb. 10, 2014

Mar. 31, 2014

Feb. 28, 2014

Feb. 28, 2014

Feb. 10, 2014

Feb. 10, 2014

Mar. 20, 2014

Mar. 24, 2014

Oct. 31, 2013

31-May-13

Dec. 31, 2012

Feb. 28, 2013

Oct. 31, 2013

Subsequent Event [Member]

Subsequent Event [Member]

Subsequent Event [Member]

Subsequent Event [Member]

Subsequent Event [Member]

Subsequent Event [Member]

Subsequent Event [Member]

Subsequent Event [Member]

Parcel [Member]

Parcel [Member]

Parcel [Member]

Tahoe Stateline Venture, LLC [Member]

Tahoe Stateline Venture, LLC [Member]

Default [Member]

Bethel Island, CA, Marina, Campground, and Land [Member]

Parcel [Member]

Tahoe Stateline Venture, LLC [Member]

Prime Rate [Member]

Revolving Credit Facility [Member]

Tahoe Stateline Venture, LLC [Member]

Tahoe Stateline Venture, LLC [Member]

Tahoe Stateline Venture, LLC [Member]

Revolving Credit Facility [Member]

Sandmound Marina, LLC [Member]

Tahoe Stateline Venture, LLC [Member]

Revolving Credit Facility [Member]

Note 15 - Subsequent Events (Details) [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Line of Credit Facility, Maximum Borrowing Capacity

'

'

'

'

'

'

'

'

$20,000,000

'

'

'

'

'

'

'

Debt Instrument, Maturity Date

'

'

'

'

'

'

'

'

5-Feb-16

'

'

'

'

'

'

'

Debt Instrument, Interest Rate, Stated Percentage

'

'

'

'

'

'

'

3.25%

'

'

'

'

'

'

5.00%

5.00%

Debt Instrument, Basis Spread on Variable Rate

'

'

'

2.00%

'

'

'

'

'

'

'

'

'

'

'

'

Mortgage Loans on Real Estate, Foreclosures

'

2,000,000

'

'

2,960,000

'

'

'

'

'

'

'

'

'

1,400,000

'

Number of Real Estate Properties

'

2

2

'

'

9

'

'

'

'

'

20

10

7

'

'

Capital Expenditures Incurred but Not yet Paid

1,097,450

[1]

'

[1]

'

'

'

'

6,000,000

'

'

'

'

'

'

'

'

'

Common Stock, Dividends, Per Share, Declared (in Dollars per share)

$0.25

[1]

$0.17

[1]

'

'

'

'

'

'

'

$0.05

'

'

'

'

'

'

Mortgage Loans on Real Estate, Commercial and Consumer, Net

$54,057,205

[1]

$45,844,365

[1]

'

'

'

'

'

'

'

'

$7,169,000

'

'

'

'

'

[1]

As recast to reflect the balances of Owens Mortgage Investment Fund, LP combined with the balances of Owens Realty Mortgage, Inc. beginning January 1, 2012, as required under the accounting guidelines for a transfer between entities under common control (refer to Note 1).

Schedule_III_Real_Estate_and_A2

Schedule III - Real Estate and Accumulated Depreciation (Details) (USD $)

Dec. 31, 2013

Dec. 31, 2012

Dec. 31, 2011

Dec. 31, 2013

Dec. 31, 2011

Dec. 31, 2012

Dec. 31, 2011

Dec. 31, 2011

Dec. 31, 2009

Dec. 31, 2011

Dec. 31, 2010

Dec. 31, 2012

Dec. 31, 2012

Dec. 31, 2013

Dec. 31, 2010

Real estate properties [Member]

133 Condominium Units, Phoenix, Arizona (Held Within 54th Street Condos, LLC) [Member]

Residential and Commercial Land, Gypsum, Colorado [Member]

60 Condominium Units, Lakewood, Washington (held within Phillips Road, LLC) [Member]

Storage Facility/Business, Stockton, California [Member]

Storage Facility/Business, Stockton, California [Member]

Office Condominium Complex, Roseville, California [Member]

Office Condominium Complex, Roseville, California [Member]

75 Improved, Residential Lots, Auburn, California, (Held Within Baldwin Ranch Subdivision, LLC) [Member]

Undeveloped, Industrial Land, San Jose, California [Member]

Golf Course, Auburn, California [Member]

Undeveloped, Commercial Land, Half Moon Bay, California [Member]

Schedule III - Real Estate and Accumulated Depreciation (Details) [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

SEC Schedule III, Real Estate, Write-down or Reserve, Amount

'

'

'

'

$1,115,660

$3,840,000

$1,608,100

$1,183,571

$1,183,571

$3,712,706

$3,712,706

$9,904,826

$1,067,592

'

$731,778

SEC Schedule III, Real Estate Accumulated Depreciation

9,599,719

6,518,160

6,458,712

'

328,130

'

274,284

398,273

'

'

'

'

'

145,989

'

SEC Schedule III, Real Estate, Federal Income Tax Basis

'

'

'

$198,273,000

'

'

'

'

'

'

'

'

'

'

'

Schedule_III_Real_Estate_and_A3

Schedule III - Real Estate and Accumulated Depreciation (Details) - Real Estate and Accumulated Depreciation (USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Real Estate Properties [Line Items]	'	'	'
Real Estate Sales	($18,023,870)	($23,746,204)	'
Real Estate Accumulated Depreciation	-9,599,719	-6,518,160	-6,458,712
Real Estate Carrying Value	135,315,964	'	'
169 Condominium Units and 160 Unit Vacant Apartment Building, Miami, Florida [Member]	'	'	'
Real Estate Properties [Line Items]	'	'	'
Real Estate Encumbrances (Notes Payable)	0	'	'
Real Estate Initial Cost	34,560,000	'	'
Real Estate Capitalized Costs	201,879	'	'
Real Estate Accumulated Depreciation	-1,744,564	'	'
Real Estate Carrying Value	33,017,315	'	'
Real Estate Date Acquired	2-Feb-11	'	'
Depreciable Lives	'27 years 6 months	'	'
Retail Complex, Greeley, Colorado [Member]	'	'	'
Real Estate Properties [Line Items]	'	'	'
Real Estate Encumbrances (Notes Payable)	9,917,586	'	'
Real Estate Initial Cost	9,307,001	'	'
Real Estate Capitalized Costs	7,405,380	'	'
Real Estate Sales	-128,274	'	'
Real Estate Accumulated Depreciation	-4,886,622	'	'
Real Estate Carrying Value	11,697,485	'	'
Real Estate Date Acquired	31-Jul-00	'	'
Retail Complex, Greeley, Colorado [Member] | Minimum [Member]	'	'	'
Real Estate Properties [Line Items]	'	'	'
Depreciable Lives	'1 year	'	'
Retail Complex, Greeley, Colorado [Member] | Maximum [Member]	'	'	'
Real Estate Properties [Line Items]	'	'	'
Depreciable Lives	'39 years	'	'
Commercial Land under Construction, South Lake Tahoe, California [Member]	'	'	'
Real Estate Properties [Line Items]	'	'	'
Real Estate Encumbrances (Notes Payable)	4,000,000	'	'
Real Estate Initial Cost	24,281,178	'	'
Real Estate Capitalized Costs	10,214,496	'	'
Real Estate Carrying Value	34,495,674	'	'
Commercial Land under Construction, South Lake Tahoe, California [Member] | Minimum [Member]	'	'	'
Real Estate Properties [Line Items]	'	'	'
Depreciable Lives	'	'	'
133 Condominium Units, Phoenix, Arizona [Member]	'	'	'
Real Estate Properties [Line Items]	'	'	'
Real Estate Encumbrances (Notes Payable)	0	'	'
Real Estate Initial Cost	5,822,597	'	'
Real Estate Capitalized Costs	3,258,479	'	'
Real Estate Impairment Writedowns	-1,443,790	'	'
Real Estate Accumulated Depreciation	-540,230	'	'
Real Estate Carrying Value	7,097,056	'	'
Real Estate Date Acquired	18-Nov-09	'	'
133 Condominium Units, Phoenix, Arizona [Member] | Minimum [Member]	'	'	'
Real Estate Properties [Line Items]	'	'	'
Depreciable Lives	'5 years	'	'
133 Condominium Units, Phoenix, Arizona [Member] | Maximum [Member]	'	'	'
Real Estate Properties [Line Items]	'	'	'
Depreciable Lives	'27 years 6 months	'	'
Residential and Commercial Land, Gypsum, Colorado [Member]	'	'	'
Real Estate Properties [Line Items]	'	'	'
Real Estate Encumbrances (Notes Payable)	0	'	'
Real Estate Initial Cost	9,600,000	'	'
Real Estate Capitalized Costs	54,418	'	'
Real Estate Impairment Writedowns	-3,840,000	'	'
Real Estate Carrying Value	5,814,418	'	'
Real Estate Date Acquired	1-Oct-11	'	'
Residential and Commercial Land, Gypsum, Colorado [Member] | Minimum [Member]	'	'	'
Real Estate Properties [Line Items]	'	'	'
Depreciable Lives	'	'	'
Medical Office Condominium Complex, Gilbert, Arizona [Member]	'	'	'
Real Estate Properties [Line Items]	'	'	'
Real Estate Encumbrances (Notes Payable)	0	'	'
Real Estate Initial Cost	5,040,000	'	'
Real Estate Capitalized Costs	121,697	'	'
Real Estate Accumulated Depreciation	-390,463	'	'
Real Estate Carrying Value	4,771,234	'	'
Real Estate Date Acquired	19-May-10	'	'
Medical Office Condominium Complex, Gilbert, Arizona [Member] | Minimum [Member]	'	'	'
Real Estate Properties [Line Items]	'	'	'
Depreciable Lives	'5 years	'	'
Medical Office Condominium Complex, Gilbert, Arizona [Member] | Maximum [Member]	'	'	'
Real Estate Properties [Line Items]	'	'	'
Depreciable Lives	'39 years	'	'
60 Condominium Units, Lakewood, Washington [Member]	'	'	'
Real Estate Properties [Line Items]	'	'	'
Real Estate Encumbrances (Notes Payable)	0	'	'
Real Estate Initial Cost	6,616,881	'	'
Real Estate Capitalized Costs	65,502	'	'
Real Estate Impairment Writedowns	-1,882,384	'	'
Real Estate Accumulated Depreciation	-290,171	'	'
Real Estate Carrying Value	4,509,828	'	'
Real Estate Date Acquired	20-Aug-10	'	'
Depreciable Lives	'27 years 6 months	'	'
Storage Facility/Business, Stockton, California [Member]	'	'	'
Real Estate Properties [Line Items]	'	'	'
Real Estate Encumbrances (Notes Payable)	0	'	'
Real Estate Initial Cost	5,674,000	'	'
Real Estate Capitalized Costs	44,745	'	'
Real Estate Impairment Writedowns	-1,581,844	'	'
Real Estate Accumulated Depreciation	-193,121	'	'
Real Estate Carrying Value	3,943,780	'	'
Real Estate Date Acquired	3-Jun-08	'	'
Storage Facility/Business, Stockton, California [Member] | Minimum [Member]	'	'	'
Real Estate Properties [Line Items]	'	'	'
Depreciable Lives	'15 years	'	'
Storage Facility/Business, Stockton, California [Member] | Maximum [Member]	'	'	'
Real Estate Properties [Line Items]	'	'	'
Depreciable Lives	'39 years	'	'
Office Condominium Complex, Roseville, California [Member]	'	'	'
Real Estate Properties [Line Items]	'	'	'
Real Estate Encumbrances (Notes Payable)	0	'	'
Real Estate Initial Cost	8,569,286	'	'
Real Estate Capitalized Costs	303,178	'	'
Real Estate Sales	-1,095,670	'	'
Real Estate Impairment Writedowns	-3,712,707	'	'
Real Estate Accumulated Depreciation	-254,067	'	'
Real Estate Carrying Value	3,810,020	'	'
Real Estate Date Acquired	26-Sep-08	'	'
Office Condominium Complex, Roseville, California [Member] | Minimum [Member]	'	'	'
Real Estate Properties [Line Items]	'	'	'
Depreciable Lives	'2 years	'	'
Office Condominium Complex, Roseville, California [Member] | Maximum [Member]	'	'	'
Real Estate Properties [Line Items]	'	'	'
Depreciable Lives	'39 years	'	'
Retail Building, Sacramento, California [Member]	'	'	'
Real Estate Properties [Line Items]	'	'	'
Real Estate Encumbrances (Notes Payable)	0	'	'
Real Estate Initial Cost	3,890,968	'	'
Real Estate Carrying Value	3,890,968	'	'
Real Estate Date Acquired	3-Sep-10	'	'
Retail Building, Sacramento, California [Member] | Minimum [Member]	'	'	'
Real Estate Properties [Line Items]	'	'	'
Depreciable Lives	'	'	'
75 Residential Lots, Auburn, California [Member]	'	'	'
Real Estate Properties [Line Items]	'	'	'
Real Estate Encumbrances (Notes Payable)	0	'	'
Real Estate Initial Cost	13,746,625	'	'
Real Estate Capitalized Costs	36,745	'	'
Real Estate Impairment Writedowns	-9,904,826	'	'
Real Estate Carrying Value	3,878,544	'	'
Real Estate Date Acquired	27-Sep-07	'	'
75 Residential Lots, Auburn, California [Member] | Minimum [Member]	'	'	'
Real Estate Properties [Line Items]	'	'	'
Depreciable Lives	'	'	'
Industrial Building, Sunnyvale, California [Member]	'	'	'
Real Estate Properties [Line Items]	'	'	'
Real Estate Encumbrances (Notes Payable)	0	'	'
Real Estate Initial Cost	3,428,885	'	'
Real Estate Capitalized Costs	54,514	'	'
Real Estate Accumulated Depreciation	-366,608	'	'
Real Estate Carrying Value	3,116,791	'	'
Real Estate Date Acquired	5-Nov-09	'	'
Industrial Building, Sunnyvale, California [Member] | Minimum [Member]	'	'	'
Real Estate Properties [Line Items]	'	'	'
Depreciable Lives	'10 years	'	'
Industrial Building, Sunnyvale, California [Member] | Maximum [Member]	'	'	'
Real Estate Properties [Line Items]	'	'	'
Depreciable Lives	'39 years	'	'
12 Condominium and 3 Commercial Units, Tacoma, Washington [Member]	'	'	'
Real Estate Properties [Line Items]	'	'	'
Real Estate Encumbrances (Notes Payable)	0	'	'
Real Estate Initial Cost	2,486,400	'	'
Real Estate Capitalized Costs	41,124	'	'
Real Estate Accumulated Depreciation	-114,354	'	'
Real Estate Carrying Value	2,413,170	'	'
Real Estate Date Acquired	8-Jul-11	'	'
12 Condominium and 3 Commercial Units, Tacoma, Washington [Member] | Minimum [Member]	'	'	'
Real Estate Properties [Line Items]	'	'	'
Depreciable Lives	'27 years 6 months	'	'
12 Condominium and 3 Commercial Units, Tacoma, Washington [Member] | Maximum [Member]	'	'	'
Real Estate Properties [Line Items]	'	'	'
Depreciable Lives	'39 years	'	'
Marina and Boat Club with 179 Boat Slips, Isleton, California [Member]	'	'	'
Real Estate Properties [Line Items]	'	'	'
Real Estate Encumbrances (Notes Payable)	0	'	'
Real Estate Initial Cost	2,002,525	'	'
Real Estate Capitalized Costs	43,745	'	'
Real Estate Accumulated Depreciation	-17,415	'	'
Real Estate Carrying Value	2,028,855	'	'
Real Estate Date Acquired	29-Jan-13	'	'
Marina and Boat Club with 179 Boat Slips, Isleton, California [Member] | Minimum [Member]	'	'	'
Real Estate Properties [Line Items]	'	'	'
Depreciable Lives	'5 years	'	'
Marina and Boat Club with 179 Boat Slips, Isleton, California [Member] | Maximum [Member]	'	'	'
Real Estate Properties [Line Items]	'	'	'
Depreciable Lives	'15 years	'	'
Undeveloped, Industrial Land, San Jose, California [Member]	'	'	'
Real Estate Properties [Line Items]	'	'	'
Real Estate Encumbrances (Notes Payable)	0	'	'
Real Estate Initial Cost	3,025,992	'	'
Real Estate Impairment Writedowns	-1,067,592	'	'
Real Estate Carrying Value	1,958,400	'	'
Real Estate Date Acquired	27-Dec-02	'	'
Undeveloped, Industrial Land, San Jose, California [Member] | Minimum [Member]	'	'	'
Real Estate Properties [Line Items]	'	'	'
Depreciable Lives	'	'	'
Golf Course, Auburn, California [Member]	'	'	'
Real Estate Properties [Line Items]	'	'	'
Real Estate Encumbrances (Notes Payable)	0	'	'
Real Estate Initial Cost	1,917,981	'	'
Real Estate Capitalized Costs	43,303	'	'
Real Estate Carrying Value	1,961,284	'	'
Real Estate Date Acquired	20-Jun-09	'	'
Golf Course, Auburn, California [Member] | Minimum [Member]	'	'	'
Real Estate Properties [Line Items]	'	'	'
Depreciable Lives	'	'	'
Undeveloped, Commercial Land, Half Moon Bay, California [Member]	'	'	'
Real Estate Properties [Line Items]	'	'	'
Real Estate Encumbrances (Notes Payable)	0	'	'
Real Estate Initial Cost	2,059,348	'	'
Real Estate Capitalized Costs	141,230	'	'
Real Estate Impairment Writedowns	-731,778	'	'
Real Estate Carrying Value	1,468,800	'	'
Real Estate Date Acquired	28-May-08	'	'
Undeveloped, Commercial Land, Half Moon Bay, California [Member] | Minimum [Member]	'	'	'
Real Estate Properties [Line Items]	'	'	'
Depreciable Lives	'	'	'
Miscellaneous Real Estate [Member]	'	'	'
Real Estate Properties [Line Items]	'	'	'
Real Estate Encumbrances (Notes Payable)	0	'	'
Real Estate Accumulated Depreciation	-802,104	'	'
Real Estate Carrying Value	$5,442,342	'	'

Schedule_III_Real_Estate_and_A4

Schedule III - Real Estate and Accumulated Depreciation (Details) - Changes in Real Estate Held for Sale and Investment (USD $)	12 Months Ended
	Dec. 31, 2013		Dec. 31, 2012
Changes in Real Estate Held for Sale and Investment [Abstract]	'		'
Balance at beginning of period	$127,773,349		$145,591,660
Balance at end of period	135,315,964		127,773,349
Acquisitions through foreclosure	19,602,478		1,662,889
Investments in real estate properties	9,017,333		11,198,753
Subtotal	156,393,160		158,453,302
Cost of real estate properties sold	18,023,870		23,746,204
Impairment losses on real estate properties	666,240	[1]	4,873,266	[1]
Depreciation of properties held for investment	$2,387,086		$2,060,483
[1]	As recast to reflect the balances of Owens Mortgage Investment Fund, LP combined with the balances of Owens Realty Mortgage, Inc. beginning January 1, 2012, as required under the accounting guidelines for a transfer between entities under common control (refer to Note 1).

Schedule_III_Real_Estate_and_A5

Schedule III - Real Estate and Accumulated Depreciation (Details) - Changes in Accumulated Depreciation (USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
Changes in Accumulated Depreciation [Abstract]	'	'
Balance at beginning of period	$6,518,160	$6,458,712
Additions during period:	'	'
Previous accumulated depreciation on real estate moved back to held for investment	849,125	'
Depreciation expense	2,387,086	2,060,483
Subtotal	9,754,371	8,519,195
Accumulated depreciation of real estate sold	8,663	724,406
Accumulated depreciation on real estate moved to held for sale	145,989	1,276,629
Balance at end of period	$9,599,719	$6,518,160

Schedule_IV_Mortgage_Loans_on_2

Schedule IV - Mortgage Loans on Real Estate (Details) (USD $)	12 Months Ended						3 Months Ended
	Dec. 31, 2013		Dec. 31, 2012		Dec. 31, 2013	Dec. 31, 2013	Dec. 31, 2013	Dec. 31, 2013
					133 Condominium Units, Phoenix, Arizona (Held Within 54th Street Condos, LLC) [Member]	Eight Townhomes, Santa Barbara, California (Held Within Anacapa Villas, LLC) [Member]	Sale of 1401 on Jackson, LLC Real Estate [Member]	Changes in Mortgage Loans on Real Estate [Member]
Schedule IV - Mortgage Loans on Real Estate (Details) [Line Items]	'		'		'	'	'	'
Percent of Total Loans	3.00%		'		'	'	'	'
Mortgage Loans on Real Estate, Federal Income Tax Basis	'		'		'	'	'	$59,455,000
Provision for Loan and Lease Losses	7,822,112		124,000		3,087,345	'	'	'
Debt Instrument, Interest Rate, Stated Percentage	'		'		'	7.50%	'	'
Repayments of Notes Payable	$467,317	[1]	$157,529	[1]	'	'	$1,553,812	'
[1]	As recast to reflect the balances of Owens Mortgage Investment Fund, LP combined with the balances of Owens Realty Mortgage, Inc. beginning January 1, 2012, as required under the accounting guidelines for a transfer between entities under common control (refer to Note 1).

Schedule_IV_Mortgage_Loans_on_3

Schedule IV - Mortgage Loans on Real Estate (Details) - Mortgage Loans on Real Estate (USD $)	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
TYPE OF PROPERTY	'	'	'
Carrying Amount of Mortgages	$58,796,293	$70,262,262	$69,421,876
Maturity Date: Current to March 2022 [Member] | Commercial [Member]	'	'	'
TYPE OF PROPERTY	'	'	'
Carrying Amount of Mortgages	26,158,878	'	'
Principal Amount of Loans Subject to Delinquent Principal	5,311,946	'	'
Principal Amount of Loans Subject to Delinquent Payments	5,100,699	'	'
Maturity Date: Current to March 2022 [Member] | Commercial [Member] | Minimum [Member]	'	'	'
TYPE OF PROPERTY	'	'	'
Interest Rate	5.00%	'	'
Maturity Date: Current to March 2022 [Member] | Commercial [Member] | Maximum [Member]	'	'	'
TYPE OF PROPERTY	'	'	'
Interest Rate	10.00%	'	'
Maturity Date: Current to March 2022 [Member] | Mortgage Loans Between $1,000,001 and $5,000,000 [Member]	'	'	'
TYPE OF PROPERTY	'	'	'
Carrying Amount of Mortgages	23,987,542	'	'
Principal Amount of Loans Subject to Delinquent Principal	8,770,787	'	'
Principal Amount of Loans Subject to Delinquent Payments	11,865,542	'	'
Maturity Date: Current to March 2022 [Member] | Mortgage Loans Between $1,000,001 and $5,000,000 [Member] | Minimum [Member]	'	'	'
TYPE OF PROPERTY	'	'	'
Interest Rate	5.00%	'	'
Maturity Date: Current to March 2022 [Member] | Mortgage Loans Between $1,000,001 and $5,000,000 [Member] | Maximum [Member]	'	'	'
TYPE OF PROPERTY	'	'	'
Interest Rate	11.00%	'	'
Maturity date: Current to March 2028 [Member] | Residential [Member]	'	'	'
TYPE OF PROPERTY	'	'	'
Carrying Amount of Mortgages	27,461,913	'	'
Principal Amount of Loans Subject to Delinquent Principal	9,926,287	'	'
Principal Amount of Loans Subject to Delinquent Payments	10,195,725	'	'
Maturity date: Current to March 2028 [Member] | Residential [Member] | Minimum [Member]	'	'	'
TYPE OF PROPERTY	'	'	'
Interest Rate	4.50%	'	'
Maturity date: Current to March 2028 [Member] | Residential [Member] | Maximum [Member]	'	'	'
TYPE OF PROPERTY	'	'	'
Interest Rate	11.00%	'	'
Maturity date: Current to March 2028 [Member] | Loan Position, First [Member]	'	'	'
TYPE OF PROPERTY	'	'	'
Carrying Amount of Mortgages	52,876,293	'	'
Principal Amount of Loans Subject to Delinquent Principal	17,595,787	'	'
Principal Amount of Loans Subject to Delinquent Payments	19,669,980	'	'
Maturity date: Current to March 2028 [Member] | Minimum [Member] | Loan Position, First [Member]	'	'	'
TYPE OF PROPERTY	'	'	'
Interest Rate	4.50%	'	'
Maturity date: Current to March 2028 [Member] | Maximum [Member] | Loan Position, First [Member]	'	'	'
TYPE OF PROPERTY	'	'	'
Interest Rate	11.00%	'	'
Maturity Date: Current to December 2014 [Member] | Property - Land [Member]	'	'	'
TYPE OF PROPERTY	'	'	'
Carrying Amount of Mortgages	5,175,502	'	'
Principal Amount of Loans Subject to Delinquent Principal	2,959,500	'	'
Principal Amount of Loans Subject to Delinquent Payments	4,975,502	'	'
Maturity Date: Current to December 2014 [Member] | Property - Land [Member] | Minimum [Member]	'	'	'
TYPE OF PROPERTY	'	'	'
Interest Rate	6.00%	'	'
Maturity Date: Current to December 2014 [Member] | Property - Land [Member] | Maximum [Member]	'	'	'
TYPE OF PROPERTY	'	'	'
Interest Rate	11.00%	'	'
Maturity Date: Current to March 2028 [Member] | Mortgage Loans Between $0 and $500,000 [Member]	'	'	'
TYPE OF PROPERTY	'	'	'
Carrying Amount of Mortgages	519,438	'	'
Principal Amount of Loans Subject to Delinquent Principal	50,000	'	'
Principal Amount of Loans Subject to Delinquent Payments	269,438	'	'
Maturity Date: Current to March 2028 [Member] | Mortgage Loans Between $0 and $500,000 [Member] | Minimum [Member]	'	'	'
TYPE OF PROPERTY	'	'	'
Interest Rate	6.00%	'	'
Maturity Date: Current to March 2028 [Member] | Mortgage Loans Between $0 and $500,000 [Member] | Maximum [Member]	'	'	'
TYPE OF PROPERTY	'	'	'
Interest Rate	11.00%	'	'
Maturity Date: Current [Member] | Mortgage Loans Between $500,001 and $1,000,000 [Member]	'	'	'
TYPE OF PROPERTY	'	'	'
Carrying Amount of Mortgages	1,841,946	'	'
Principal Amount of Loans Subject to Delinquent Principal	1,841,946	'	'
Principal Amount of Loans Subject to Delinquent Payments	601,946	'	'
Maturity Date: Current [Member] | Mortgage Loans Between $500,001 and $1,000,000 [Member] | Minimum [Member]	'	'	'
TYPE OF PROPERTY	'	'	'
Interest Rate	9.00%	'	'
Maturity Date: Current [Member] | Mortgage Loans Between $500,001 and $1,000,000 [Member] | Maximum [Member]	'	'	'
TYPE OF PROPERTY	'	'	'
Interest Rate	11.00%	'	'
Maturity Date: Current to August 2018 [Member] | Mortgage Loans Over $5,000,000 [Member]	'	'	'
TYPE OF PROPERTY	'	'	'
Carrying Amount of Mortgages	32,447,367	'	'
Principal Amount of Loans Subject to Delinquent Principal	7,535,000	'	'
Principal Amount of Loans Subject to Delinquent Payments	7,535,000	'	'
Maturity Date: Current to August 2018 [Member] | Mortgage Loans Over $5,000,000 [Member] | Minimum [Member]	'	'	'
TYPE OF PROPERTY	'	'	'
Interest Rate	4.50%	'	'
Maturity Date: Current to August 2018 [Member] | Mortgage Loans Over $5,000,000 [Member] | Maximum [Member]	'	'	'
TYPE OF PROPERTY	'	'	'
Interest Rate	11.00%	'	'
Maturity Date: Current to October 2018 [Member] | Loan Position, Second [Member]	'	'	'
TYPE OF PROPERTY	'	'	'
Carrying Amount of Mortgages	5,920,000	'	'
Principal Amount of Loans Subject to Delinquent Principal	601,946	'	'
Principal Amount of Loans Subject to Delinquent Payments	601,946	'	'
Maturity Date: Current to October 2018 [Member] | Minimum [Member] | Loan Position, Second [Member]	'	'	'
TYPE OF PROPERTY	'	'	'
Interest Rate	10.00%	'	'
Maturity Date: Current to October 2018 [Member] | Maximum [Member] | Loan Position, Second [Member]	'	'	'
TYPE OF PROPERTY	'	'	'
Interest Rate	11.00%	'	'
Total [Member]	'	'	'
TYPE OF PROPERTY	'	'	'
Carrying Amount of Mortgages	58,796,293	'	'
Principal Amount of Loans Subject to Delinquent Principal	18,197,733	'	'
Principal Amount of Loans Subject to Delinquent Payments	20,271,926	'	'
Total [Member]	'	'	'
TYPE OF PROPERTY	'	'	'
Carrying Amount of Mortgages	58,796,293	'	'
Principal Amount of Loans Subject to Delinquent Principal	18,197,733	'	'
Principal Amount of Loans Subject to Delinquent Payments	20,271,926	'	'
Total [Member]	'	'	'
TYPE OF PROPERTY	'	'	'
Carrying Amount of Mortgages	58,796,293	'	'
Principal Amount of Loans Subject to Delinquent Principal	18,197,733	'	'
Principal Amount of Loans Subject to Delinquent Payments	$20,271,926	'	'

Schedule_IV_Mortgage_Loans_on_4

Schedule IV - Mortgage Loans on Real Estate (Details) - Changes in Mortgage Loans on Real Estate (USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
Participating Mortgage Loans [Line Items]	'	'
Subtotal	$101,903,994	$78,241,876
Collection of principal	15,641,192	5,979,614
Foreclosures	27,466,509	2,000,000
Balance	70,262,262	69,421,876
Additions during period:	'	'
Advances moved to principal of loan	22,880	'
Balance	58,796,293	70,262,262
Sales of Real Estate - Carry-back Financing [Member]	'	'
Participating Mortgage Loans [Line Items]	'	'
New Loans, Sales of Real Estate Properties	'	8,820,000
Sales of Real Estate [Member]	'	'
Participating Mortgage Loans [Line Items]	'	'
New Loans, Sales of Real Estate Properties	$31,618,852	'

Schedule_IV_Mortgage_Loans_on_5

Schedule IV - Mortgage Loans on Real Estate (Details) - Loans Which Exceed Three Percent of the Total Loans (USD $)	Dec. 31, 2013
Participating Mortgage Loans [Line Items]	'
Prior Liens	$0
Face Amount of Mortgages	73,191,179
Carrying Amount Mortgages	46,188,758
Principal Amount of Loans Subject to Delinquent Principal or Interest	15,836,391
Maturity Date: 04/30/2008 and 10/03/2008 [Member] | Assisted Living Facility Bensalem, PA [Member]	'
Participating Mortgage Loans [Line Items]	'
Prior Liens	0
Face Amount of Mortgages	20,810,000
Carrying Amount Mortgages	4,021,946
Principal Amount of Loans Subject to Delinquent Principal or Interest	4,021,946
Maturity Date: 04/30/2008 and 10/03/2008 [Member] | Assisted Living Facility Bensalem, PA [Member] | Minimum [Member]	'
Participating Mortgage Loans [Line Items]	'
Interest Rate	9.00%
Maturity Date: 04/30/2008 and 10/03/2008 [Member] | Assisted Living Facility Bensalem, PA [Member] | Maximum [Member]	'
Participating Mortgage Loans [Line Items]	'
Interest Rate	11.00%
Maturity Date: 8/1/18 - 10/1/18 [Member] | Mixed Commercial Buildings Oakland, California [Member]	'
Participating Mortgage Loans [Line Items]	'
Interest Rate	10.00%
Prior Liens	0
Face Amount of Mortgages	11,466,179
Carrying Amount Mortgages	11,466,179
Principal Amount of Loans Subject to Delinquent Principal or Interest	0
Maturity Date: 07/01/2009 [Member] | 133 Condominium Units, Phoenix, Arizona (Held Within 54th Street Condos, LLC) [Member]	'
Participating Mortgage Loans [Line Items]	'
Interest Rate	11.00%
Prior Liens	0
Face Amount of Mortgages	7,535,000
Carrying Amount Mortgages	4,447,655
Principal Amount of Loans Subject to Delinquent Principal or Interest	4,447,655
Maturity Date: 12/01/2014 [Member] | Eight Townhomes, Santa Barbara, California (Held Within Anacapa Villas, LLC) [Member]	'
Participating Mortgage Loans [Line Items]	'
Interest Rate	6.50%
Prior Liens	0
Face Amount of Mortgages	7,500,000
Carrying Amount Mortgages	7,500,000
Principal Amount of Loans Subject to Delinquent Principal or Interest	0
Maturity Date: 5/8/14 [Member] | 45 Condominium and 2 Commercial Units, Oakland, California (Held Within 1401 on Jackson, LLC) [Member]	'
Participating Mortgage Loans [Line Items]	'
Interest Rate	4.50%
Prior Liens	0
Face Amount of Mortgages	10,000,000
Carrying Amount Mortgages	8,446,188
Principal Amount of Loans Subject to Delinquent Principal or Interest	0
Maturity Date: 06/01/2009 [Member] | Marina with 30 Boat Slips and 11 RV Spaces, Oakley, California (Held Within The Last Resort and Marina, LLC) [Member]	'
Participating Mortgage Loans [Line Items]	'
Interest Rate	11.00%
Prior Liens	0
Face Amount of Mortgages	3,030,000
Carrying Amount Mortgages	2,959,500
Principal Amount of Loans Subject to Delinquent Principal or Interest	2,959,500
Maturity Date: 12/01/14 [Member] | Office Building San Francisco, California [Member]	'
Participating Mortgage Loans [Line Items]	'
Interest Rate	7.88%
Prior Liens	0
Face Amount of Mortgages	2,940,000
Carrying Amount Mortgages	2,940,000
Principal Amount of Loans Subject to Delinquent Principal or Interest	0
Maturity Date: 01/30/2009 [Member] | Condominiums Salt Lake City, Utah [Member]	'
Participating Mortgage Loans [Line Items]	'
Interest Rate	10.50%
Prior Liens	0
Face Amount of Mortgages	6,410,000
Carrying Amount Mortgages	2,391,287
Principal Amount of Loans Subject to Delinquent Principal or Interest	2,391,287
Maturity Date: 4/27/14 [Member] | Land Skagit, Washington [Member]	'
Participating Mortgage Loans [Line Items]	'
Interest Rate	8.00%
Prior Liens	0
Face Amount of Mortgages	3,500,000
Carrying Amount Mortgages	2,016,003
Principal Amount of Loans Subject to Delinquent Principal or Interest	$2,016,003