Owens Realty Mortgage (ORM) 10-Q 15 May 14 2014 Q1 Quarterly report Financial data

Document_And_Entity_Informatio

Document And Entity Information	3 Months Ended
	Mar. 31, 2014	15-May-14
Document and Entity Information [Abstract]	'	'
Entity Registrant Name	'Owens Realty Mortgage, Inc.	'
Document Type	'10-Q	'
Current Fiscal Year End Date	'--12-31	'
Entity Common Stock, Shares Outstanding	'	10,768,001
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-Mar-14	'
Document Fiscal Year Focus	'2014	'
Document Fiscal Period Focus	'Q1	'

Consolidated_Balance_Sheets_Un

Consolidated Balance Sheets (Unaudited) (USD $)	Mar. 31, 2014		Dec. 31, 2013
ASSETS	'		'
Cash and cash equivalents	$1,422,955	[1]	$8,158,734	[1]
Restricted cash	3,986,573		4,095,435
Loans, net of allowance for losses of $4,866,260 in 2014 and $4,739,088 in 2013	57,525,419		54,057,205
Interest and other receivables	1,661,189		1,673,978
Other assets, net of accumulated depreciation and amortization of $998,566 in 2014 and $976,090 in 2013	1,435,260		1,197,683
Investment in limited liability company	2,184,278		2,142,582
Real estate held for sale	5,910,138		5,890,131
Real estate held for investment, net of accumulated depreciation of $10,118,917 in 2014 and $9,599,719 in 2013	137,002,127		129,425,833
Total Assets	211,127,939		206,641,581
LIABILITIES:	'		'
Dividends payable	538,400		180,000
Due to Manager	157,596		293,776
Accounts payable and accrued liabilities	3,252,317		2,710,745
Deferred gains	3,037,015		3,313,169
Line of credit payable	4,100,000		'
Notes payable	13,872,676		13,917,585
Total Liabilities	24,958,004		20,415,275
Stockholders’ equity:	'		'
Common stock, $.01 par value per share, 50,000,000 shares authorized, 11,198,119 shares issued, 10,768,001 and 10,794,209 shares outstanding at March 31, 2014 and December 31, 2013, respectively	111,981		111,981
Additional paid-in capital	182,437,522		182,437,522
Treasury stock, at cost – 430,118 and 403,910 shares at March 31, 2014 and December 31, 2013, respectively	-5,349,156		-5,023,668
Retained earnings	2,571,405		2,348,575
Total stockholders’ equity	179,771,752		179,874,410
Non-controlling interests	6,398,183		6,351,896
Total Equity	186,169,935		186,226,306
Total Liabilities and Equity	$211,127,939		$206,641,581
[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, 2013, as required under the accounting guidelines for a transfer of an entity under common control (refer to Note 1).

Consolidated_Balance_Sheets_Un1

Consolidated Balance Sheets (Unaudited) (Parentheticals) (USD $)	Mar. 31, 2014	Dec. 31, 2013
Loans, allowance for losses (in Dollars)	$4,866,260	$4,739,088
Other assets, accumulated depreciation and amortization (in Dollars)	998,566	976,090
Real estate held for investment, accumulated depreciation (in Dollars)	$10,118,917	$9,599,719
Preferred Stock,par value (in Dollars per share)	$0.01	$0.01
Preferred stock,authorized shares	5,000,000	5,000,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Common stock, par value (in Dollars per share)	$0.01	$0.01
Common stock, shares authorized	50,000,000	50,000,000
Common stock, shares issued	11,198,119	11,198,119
Common stock,shares outstanding	10,768,001	10,794,209
Treasury stock, shares outstanding	430,118	403,910

Consolidated_Statements_of_Ope

Consolidated Statements of Operations (Unaudited) (2013 as Recast) (USD $)	3 Months Ended
	Mar. 31, 2014		Mar. 31, 2013
Revenues:	'		'
Interest income on loans	$1,136,784	[1]	$887,229	[1]
Gain on foreclosure of loan	257,020	[1]	952,357	[1]
Rental and other income from real estate properties	2,689,975	[1]	2,723,417	[1]
Income from investment in limited liability company	41,696	[1]	41,002	[1]
Other income	18	[1]	793	[1]
Total revenues	4,125,493	[1]	4,604,798	[1]
Expenses:	'		'
Management fees to Manager	420,306	[1]	439,772	[1]
Servicing fees to Manager	38,210	[1]	43,455	[1]
General and administrative expense	415,743	[1]	273,108	[1]
Rental and other expenses on real estate properties	1,915,115	[1]	2,206,821	[1]
Depreciation and amortization	546,097	[1]	398,018	[1]
Interest expense	127,385	[1]	127,482	[1]
Provision for (reversal of) loan losses	127,172	[1]	-257,213	[1]
Impairment losses on real estate properties	7,540	[1]	0
Total expenses	3,597,568	[1]	3,231,443	[1]
Operating income	527,925	[1]	1,373,355	[1]
Gain on sale of real estate and other assets, net	277,184	[1]	30,337	[1]
Net income	805,109	[1]	1,403,692	[1]
Less: Net (income) loss attributable to non-controlling interests	-44,546	[1]	26,240	[1]
Net income attributable to common stockholders	$760,563	[1]	$1,429,932	[1]
Per common share data:	'		'
Basic and diluted earnings per common share (in Dollars per share)	$0.07	[1]	$0.13	[1]
Basic and diluted weighted average number of common shares outstanding (in Shares)	10,769,498	[1]	11,198,119	[1]
Dividends declared per share of common stock (in Dollars per share)	$0.05	[1]	$0.00	[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, 2013, as required under the accounting guidelines for a transfer of an entity under common control (refer to Note 1).

Consolidated_Statements_of_Sto

Consolidated Statements of Stockholders' Equity (Unaudited) (2013 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, 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		'	'	'	1,429,932	1,429,932	-26,240	1,403,692	[1]
Offering costs incurred		'	-439,725	'	'	-439,725	'	-439,725
Dividends declared		'	'	'	-31,024	-31,024	'	-31,024
Partners’ income distributions		'	'	'	'	'	-3,870	-3,870
Balances at Mar. 31, 2013	[1]	111,981	182,545,556	'	-2,238,423	180,419,114	8,019,190	188,438,304
Balances (in Shares) at Mar. 31, 2013	[1]	11,198,119	'	'	'	'	'	'
Balances at Dec. 31, 2013		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		11,198,119	'	-403,910	'	'	'	'
Net (loss) income		'	'	'	760,563	760,563	44,546	805,109	[1]
Dividends declared		'	'	'	-537,733	-537,733	'	-537,733
Purchase of treasury stock		'	'	-325,488	'	-325,488	'	-325,488
Purchase of treasury stock (in Shares)		'	'	-26,208	'	'	'	'
Contribution from non-controlling interest		'	'	'	'	'	4,359	4,359
Partners’ income distributions		'	'	'	'	'	-2,618	-2,618
Balances at Mar. 31, 2014		$111,981	$182,437,522	($5,349,156)	$2,571,405	$179,771.75	$6,398,183	$186,169,935
Balances (in Shares) at Mar. 31, 2014		11,198,119	'	-430,118	'	'	'	'
[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, 2013, as required under the accounting guidelines for a transfer of an entity under common control (refer to Note 1).

Consolidated_Statements_of_Cas

Consolidated Statements of Cash Flows (Unaudited) (2013 as Recast) (USD $)	3 Months Ended
	Mar. 31, 2014		Mar. 31, 2013
CASH FLOWS FROM OPERATING ACTIVITIES:	'		'
Net income	$805,109	[1]	$1,403,692	[1]
Gain on sale of real estate and other assets, net	-277,184	[1]	-30,337	[1]
Gain on foreclosure of loan	-257,020	[1]	-952,357	[1]
Accretion of discount on loan	-12,200	[1]	'
Income from investment in limited liability company	-41,696	[1]	-41,002	[1]
Provision for (reversal of) loan losses	127,172	[1]	-257,213	[1]
Impairment losses on real estate properties	7,540	[1]	0
Depreciation and amortization	546,097	[1]	398,017	[1]
Changes in operating assets and liabilities:	'		'
Interest and other receivables	-268,931	[1]	676,684	[1]
Other assets	-120,808	[1]	18,002	[1]
Accounts payable and accrued liabilities	-582,186	[1]	-1,192,634	[1]
Due to Manager	-136,180	[1]	154,699	[1]
Net cash (used in) provided by operating activities	-210,287	[1]	177,551	[1]
CASH FLOWS FROM INVESTING ACTIVITIES:	'		'
Principal collected on loans	2,506,314	[1]	100,878	[1]
Investment in loans	-9,049,000	[1]	'
Purchases of loans secured by trust deeds	'		-1,400,672	[1]
Investment in real estate properties	-3,501,041	[1]	-541,804	[1]
Net proceeds from disposition of real estate properties and other assets	1,350	[1]	73,403	[1]
Purchases of vehicles and equipment	-3,988	[1]	'
Transfer from restricted to unrestricted cash	108,862	[1]	2,318,110	[1]
Net cash (used in) provided by investing activities	-9,937,503	[1]	549,915	[1]
CASH FLOWS FROM FINANCING ACTIVITIES:	'		'
Repayments on note payable	-44,909	[1]	-42,780	[1]
Advances on line of credit, net	4,100,000	[1]	'
Payment of debt issuance costs	-140,000	[1]	'
Distributions to non-controlling interests	-2,618	[1]	-3,870	[1]
Contribution from non-controlling interest	4,359	[1]	'
Offering costs incurred and paid	'		-439,725	[1]
Purchase of treasury stock	-325,488	[1]	'
Dividends paid	-179,333	[1]	-1,265,376	[1]
Net cash provided by (used in) financing activities	3,412,011	[1]	-1,751,751	[1]
Net decrease in cash and cash equivalents	-6,735,779	[1]	-1,024,285	[1]
Cash and cash equivalents at beginning of period	8,158,734	[1]	21,131,505	[1]
Cash and cash equivalents at end of period	1,422,955	[1]	20,107,220	[1]
Supplemental Disclosure of Cash Flow Information	'		'
Cash paid during the period for interest (including amounts capitalized)	132,734	[1]	127,669	[1]
Supplemental Disclosure of Non-Cash Activity	'		'
Increase in real estate from loan foreclosures	3,241,220	[1]	3,738,168	[1]
Decrease in loans, net of allowance for loan losses, from loan foreclosures	-2,959,500	[1]	-3,263,672	[1]
Decrease in interest and other receivables from loan foreclosures	-281,720	[1]	-474,496	[1]
Change in capital expenditures financed through accounts payable	($1,123,758)	[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, 2013, as required under the accounting guidelines for a transfer of an entity under common control (refer to Note 1).

Note_1_Organization

Note 1 - Organization	3 Months Ended
	Mar. 31, 2014
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 included in this Form 10-Q 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, 2013. 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	3 Months Ended
	Mar. 31, 2014
Accounting Policies [Abstract]	'
Significant Accounting Policies [Text Block]	'
	NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
	In the opinion of the management of the Company, the accompanying unaudited financial statements contain all adjustments, consisting of normal, recurring adjustments, necessary to present fairly the financial information included therein. Certain information and footnote disclosures presented in the annual consolidated financial statements are not included in these interim financial statements. These consolidated financial statements should be read in conjunction with the audited consolidated financial statements included in the Form 10-K of ORM for the fiscal year ended December 31, 2013 filed with the Securities and Exchange Commission (“SEC”). The results of operations for the three months ended March 31, 2014 are not necessarily indicative of the operating results to be expected for the full year ending December 31, 2014. The Company evaluates subsequent events up to the date it files its Form 10-Q with the SEC.
	Basis of Presentation
	Principles of Consolidation
	The consolidated financial statements include the accounts of the Company and its wholly-owned taxable REIT subsidiary (TRS) and its majority- and wholly-owned limited liability companies (see notes 5 and 6). 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, not affecting previously reported net income or total stockholders’ equity, have been made to the previously issued consolidated financial statements to conform to the current period presentation.
	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 4 and 13). 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.
	Significant Accounting Policies
	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, non-interest bearing deposits required pursuant to the Company’s new line of credit (see Note 8) 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 7).
	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 management’s 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 a 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 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 considered 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, management 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 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 considered 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 debt issuance 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 debt issuance costs 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 placing our REIT status at risk or become subject to prohibited transactions penalty tax. 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 Notes 4 and 13) 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, except if when doing so such instruments would be anti-dilutive. At the present time, the Company has not issued any restricted stock or restricted stock units.
	Income Taxes
	The Company intends to elect and qualify for taxation 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 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 March 31, 2014 and December 31, 2013, 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	3 Months Ended
	Mar. 31, 2014
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 by portfolio segment for the three months ended March 31, 2014 and 2013 and the allocation of the allowance for loan losses and loans as of March 31, 2014 and December 31, 2013 by portfolio segment and by impairment methodology:
	2014	Commercial			Residential			Land			Total
	Allowance for loan losses:
		Three Months Ended March 31, 2014
	Beginning balance	$	932,651		$	3,798,203		$	8,234		$	4,739,088
	Provision (Reversal)		282,373			(159,259	)		4,058			127,172
	Ending Balance	$	1,215,024		$	3,638,944		$	12,292		$	4,866,260
		As of March 31, 2014
	Ending balance: individually evaluated for impairment	$	610,915		$	3,087,345		$	—		$	3,698,260
	Ending balance: collectively evaluated for impairment	$	604,109		$	551,599		$	12,292		$	1,168,000
	Ending balance	$	1,215,024		$	3,638,944		$	12,292		$	4,866,260
	Loans:
	Ending balance	$	34,470,078		$	25,555,598		$	2,366,003		$	62,391,679
	Ending balance: individually evaluated for impairment	$	17,269,078		$	9,849,712		$	2,016,003		$	29,134,793
	Ending balance: collectively evaluated for impairment	$	17,201,000		$	15,705,886		$	350,000		$	33,256,886
	2013	Commercial			Residential			Land			Total
	Allowance for loan losses:
		Three Months Ended March 31, 2013
	Beginning balance	$	1,606,925		$	4,288,108		$	18,522,864		$	24,417,897
	(Reversal) Provision		(38,148	)		(28,950	)		(190,115	)		(257,213	)
	Ending Balance	$	1,568,777		$	4,259,458		$	18,332,749		$	24,160,684
		As of December 31, 2013
	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
	The following tables show an aging analysis of the loan portfolio by the time monthly payments are past due as of March 31, 2014 and December 31, 2013:
	31-Mar-14	Loans			Loans				Loans		Total Past			Current		Total Loans
		30-59 Days			60-89 Days				90 or More Days		Due Loans			Loans
		Past Due			Past Due				Past Due
	Commercial	$	—		$	—		$	5,790,698		$	5,790,698		$	28,679,380	$	34,470,078
	Residential		—			—			9,849,712			9,849,712			15,705,886		25,555,598
	Land		—			—			2,016,003			2,016,003			350,000		2,366,003
		$	—		$	—		$	17,656,413		$	17,656,413		$	44,735,266	$	62,391,679
	31-Dec-13	Loans			Loans			Loans			Total Past			Current		Total Loans
		30-59 Days			60-89 Days			90 or More Days			Due Loans			Loans
		Past Due			Past Due			Past Due
	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 are on non-accrual status as of March 31, 2014 and December 31, 2013. In addition, two commercial loans totaling $11,466,179 that are considered impaired were also on non-accrual status as of December 31, 2013 (total of $31,738,105). These two loans were restored to accrual status during the quarter ended March 31, 2014 because the Company has received consistent payments from the borrower over the past six month period and management expects that the borrower will continue to keep the loans current with respect to principal and interest payments. These two loans continue to be reported as impaired due to the previous modification of the borrower's terms in a troubled debt restructuring.
	The following tables show information related to impaired loans as of and for the three months ended March 31, 2014:
		As of March 31, 2014									Three Months Ended March 31, 2014
		Recorded			Unpaid			Related			Average			Interest
		Investment			Principal			Allowance			Recorded			Income
					Balance						Investment			Recognized
	With no related allowance recorded:
	Commercial	$	16,226,194		$	15,500,326		$	—		$	16,217,747		$	498,505
	Residential		2,391,362			2,314,712			—			2,503,678			45,000
	Land		2,016,275			2,016,003			—			4,023,444			54,320
	With an allowance recorded:
	Commercial		1,780,568			1,768,752			610,915			1,783,636			14,482
	Residential		7,983,345			7,535,000			3,087,345			7,983,430			39,000
	Land		—			—			—			—			—
	Total:
	Commercial	$	18,006,762		$	17,269,078		$	610,915		$	18,001,383		$	512,987
	Residential	$	10,374,707		$	9,849,712		$	3,087,345		$	10,487,108		$	84,000
	Land	$	2,016,275		$	2,016,003		$	—		$	4,023,444		$	54,320
The following tables show information related to impaired loans as of December 31, 2013 and for the three months ended March 31, 2013:
	As of December 31, 2013									Three Months Ended March 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		$	—		$	7,208,898		$	282,783
Residential		2,734,228			2,660,725			—			2,900,666			36,876
Land		5,017,839			4,975,502			—			5,443,820			82,320
With an allowance recorded:
Commercial		1,079,699			1,078,752			537,743			1,079,699			3,000
Residential		7,983,345			7,535,000			3,087,345			7,983,334			64,100
Land		—			—			—			25,058,537			—
Total:
Commercial	$	17,292,598		$	16,566,878		$	537,743		$	8,288,597		$	285,783
Residential	$	10,717,573		$	10,195,725		$	3,087,345		$	10,884,000		$	100,976
Land	$	5,017,839		$	4,975,502		$	—		$	30,502,357		$	82,320
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 has allocated approximately $3,627,000 and $3,625,000 of specific reserves on loans totaling approximately $22,449,000 and $25,781,000 (recorded investments before reserves) to borrowers whose loan terms had been modified in troubled debt restructurings as of March 31, 2014 and December 31, 2013, respectively. The Company has not committed to lend additional amounts to any of these borrowers.
No loans were modified as troubled debt restructurings during the quarters ended March 31, 2014 and 2013.

Note_4_Investment_in_Limited_L

Note 4 - Investment in Limited Liability Company	3 Months Ended
	Mar. 31, 2014
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 (the “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 was 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 that are wholly owned by 1850. The Company and Nanook are the Members of 1850 and NV Manager, LLC is the manager. (See Note 13 for further discussion of the Company’s environmental remediation obligation with respect to the properties owned by 1850.)
	The Company received no distributions from 1850 during the three months ended March 31, 2014 and 2013. The net income to the Company from its investment in 1850 De La Cruz was approximately $42,000 and $41,000 during the three months ended March 31, 2014 and 2013, respectively.

Note_5_Real_Estate_Held_for_Sa

Note 5 - Real Estate Held for Sale	3 Months Ended
	Mar. 31, 2014
Disclosure Text Block [Abstract]	'
Real Estate Owned [Text Block]	'
	NOTE 5 - REAL ESTATE HELD FOR SALE
	Real estate properties held for sale as of March 31, 2014 and December 31, 2013 consists of properties acquired through foreclosure classified by property type as follows:
		March 31,		December 31,
		2014		2013
	Residential	$	93,647	$	93,647
	Land		3,427,200		3,427,200
	Golf course		1,981,291		1,961,284
	Marina		408,000		408,000
		$	5,910,138	$	5,890,131
	There were no sales during the three months ended March 31, 2014, however, a gain of approximately $276,000 was recognized during the three months ended March 31, 2014 that had previously been deferred related to the sale of a real estate property in 2012. The gain on the sale of that property is being recognized under the installment method.
	During the three months ended March 31, 2013, the Company sold four lots (one including a manufactured home) in the manufactured home subdivision development located in Ione, California for aggregate net sales proceeds of approximately $73,000 resulting in a net gain to the Company of approximately $30,000.

Note_6_Real_Estate_Held_for_In

Note 6 - Real Estate Held for Investment	3 Months Ended
	Mar. 31, 2014
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 March 31, 2014 and December 31, 2013 consists of properties acquired through foreclosure classified by property type as follows:
		March 31,			December 31,
		2014			2013
	Land (including land under development)	$	53,650,892		$	46,873,135
	Residential		46,814,715			47,037,370
	Retail		15,561,805			15,588,452
	Office		9,294,507			9,348,331
	Industrial		4,571,067			4,605,910
	Storage		3,919,806			3,943,780
	Marina		3,189,335			2,028,855
		$	137,002,127		$	129,425,833
	The balances of land and the major classes of depreciable property for real estate held for investment as of March 31, 2014 and December 31, 2013 are as follows:
		March 31,			December 31,
		2014			2013
	Land and land improvements	$	81,345,817		$	73,591,953
	Buildings and improvements		65,775,227			65,433,599
			147,121,044			139,025,552
	Less: Accumulated depreciation		(10,118,917	)		(9,599,719	)
		$	137,002,127		$	129,425,833
	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 $519,000 and $370,000 for the three months ended March 31, 2014 and 2013, respectively.
	2014 Foreclosure Activity
	During the quarter ended March 31, 2014, Sandmound Marina, LLC (“Sandmound”) (wholly owned by the Company) foreclosed on a first mortgage loan secured by unimproved land and a marina and campground located in Bethel Island, California with a principal balance of approximately $2,960,000 and obtained the properties via the trustee’s sale. In addition, 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 approximately $282,000 were capitalized to the basis of the properties. The fair market values of the properties acquired were estimated to be higher than Sandmound’s recorded investment in the subject loan, and, thus, a gain on foreclosure in the amount of approximately $257,000 was recorded. The properties have been classified as held for investment as sales are not expected within one year.
	2013 Foreclosure Activity
	During the quarter ended March 31, 2013, Brannan Island, LLC ("Brannan") (wholly owned by the Company) foreclosed on two first mortgage 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 loan or incurred as part of the foreclosure (such as legal fees and delinquent property taxes) in the total amount of approximately $140,000 were capitalized to the basis of the property. Brannan's recorded investment in the subject loans at the time of foreclosure approximated the net fair market value of the property so no charge-off or gain on foreclosure was recorded.
	During the quarter ended March 31, 2013, Tahoe Stateline Venture, LLC (“TSV”) (wholly owned by the Company) foreclosed on a first mortgage loan secured by undeveloped parcels of land located in South Lake Tahoe, California that was purchased at a discount during the same quarter 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 recorded investment in the subject loan, and, thus, a gain on foreclosure in the amount of approximately $952,000 was recorded. See below under “Tahoe Stateline Venture, LLC”.
	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 sheet and statement of operations of the Company.
	The net (loss) income to the Company from 720 University was approximately $(22,000) and $27,000 (including depreciation and amortization of $110,000 and $107,000) for the three months ended March 31, 2014 and 2013, respectively. The noncontrolling interest of the joint venture partner of approximately $(2,000) and $(15,000) as of March 31, 2014 and December 31, 2013, respectively, is reported in the accompanying consolidated balance sheets. The Company’s investment in 720 University real property and improvements was approximately $11,671,000 and $11,697,000 as of March 31, 2014 and December 31, 2013, respectively.
	TOTB Miami, LLC
	During 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. 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. 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 the properties/TOTB (excluding preferred capital). 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 $6,400,000 and $6,372,000 as of March 31, 2014 and December 31, 2013, respectively.
	The net income to the Company from TOTB was approximately $119,000 and $174,000 (including depreciation of $150,000 and $0, respectively) for the three months ended March 31, 2014 and 2013, respectively.
	Tahoe Stateline Venture, LLC
	The Company had made a series of loans with aggregate principal balances totaling approximately $24,203,000. These loans were 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 wholly-owned subsidiary of the Company, Tahoe Stateline Venture, LLC (“TSV”). TSV paid approximately $5,697,000 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 all principal due in December 2016 (see Note 9). 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 they 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 first loan agreed to restructure the note by waiving all accrued interest in exchange for a $300,000 principal pay down from TSV. The restructured note in the amount of $700,000 is due on August 1, 2017 and requires interest only payments from TSV on a quarterly basis at an interest rate of 5% (see Note 9). The holders of the restructured 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 has 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. 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) of which approximately $9,849,000 has been incurred as of March 31, 2014. TSV has capitalized approximately $14,476,000 in design, engineering, construction and other related development costs (including legal, consulting, property taxes and interest) as of March 31, 2014. It is possible that additional change orders will be submitted and construction costs may be higher than expected.
	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 purchase was finalized in April 2014 (subsequent to quarter end).
	The approximate net income (loss) from Company real estate properties held within wholly-owned limited liability companies and other properties held for investment and sale with significant operating results (including gains/losses from sales), for the three months ended March 31, 2014 and 2013 were as follows:
		Three Months Ended			Three Months Ended
		31-Mar-14			31-Mar-13
	DarkHorse Golf Club, LLC (golf course sold in 2012)	$	2,000		$	(104,000	)
	Lone Star Golf, LLC		(73,000	)		(52,000	)
	Baldwin Ranch Subdivision, LLC		(33,000	)		(26,000	)
	The Last Resort and Marina, LLC		(13,000	)		(7,000	)
	54th Street Condos, LLC		1,000			(25,000	)
	Wolfe Central, LLC		99,000			99,000
	AMFU, LLC		2,000			(3,000	)
	Phillips Road, LLC		43,000			7,000
	1401 on Jackson, LLC (sold in 2013)		—			52,000
	Broadway & Commerce, LLC		13,000			15,000
	Brannan Island, LLC (foreclosed in 2013)		—			(36,000	)
	Piper Point Marina- held in Sandmound Marina, LLC (foreclosed in 2014)		(14,000	)		—
	Light industrial building, Paso Robles, California		52,000			49,000
	Undeveloped industrial land, San Jose, California		(30,000	)		(38,000	)
	Office condominium complex, Roseville, California		(13,000	)		(25,000	)
	Storage facility/business, Stockton, California		81,000			78,000
	Undeveloped land, Gypsum, Colorado		(70,000	)		(60,000	)
	Retail complex, Hilo, Hawaii (sold in 2013)		—			(26,000	)
	Certain of 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 March 31, 2014 and thereafter is as follows:
Twelve months ending March 31:
2015	$	5,350,960
2016		2,398,006
2017		1,942,651
2018		1,435,066
2019		1,041,804
Thereafter (through 2026)		2,431,561
	$	14,600,048

Note_7_Transactions_with_Affil

Note 7 - Transactions with Affiliates	3 Months Ended
	Mar. 31, 2014
Related Party Transactions [Abstract]	'
Related Party Transactions Disclosure [Text Block]	'
	NOTE 7 - TRANSACTIONS WITH AFFILIATES
	In consideration of the management services rendered to the Company, OFG, the manager, is entitled to receive from the Company a management fee payable monthly, subject to a maximum of 2.75% per annum of the average unpaid balance of the Company’s mortgage loans.
	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 paid 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 $420,000 and $440,000 for the three months ended March 31, 2014 and 2013, respectively and are included in the accompanying consolidated statements of operations. Servicing fees amounted to approximately $38,000 and $43,000 for the three months ended March 31, 2014 and 2013, respectively, and are included in the accompanying consolidated statements of operations. As of March 31, 2014 and December 31, 2013, the Company owed management and servicing fees to OFG in the amount of approximately $158,000 and $294,000, respectively.
	The maximum servicing fees were paid to OFG during the three months ended March 31, 2014 and 2013. The maximum management fees were paid to OFG during the three months ended March 31, 2014. If the maximum management fees had been paid to OFG during the three months ended March 31, 2013, the management fees would have been $478,000 (increase of $38,000), which would have decreased net income by approximately 2.7%.
	In determining the management fees to pay to OFG, OFG may consider a number of factors, including current market yields, delinquency experience, un-invested cash and real estate activities. OFG expects that the management fees it receives from the Company will vary in amount and percentage from period to period. However, due to reduced levels of mortgage investments held by the Company, during the three months ended March 31, 2014 and 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. The amounts paid to or collected by OFG for such charges totaled approximately $1,000 and $1,000 for the three months ended March 31, 2014 and 2013, 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). The amounts paid to or collected by OFG for such fees totaled approximately $1,000 and $0 during the three months ended March 31, 2014 and 2013, respectively.
	OFG originates all loans the Company invests in and receives loan origination and extension fees from borrowers. During the three months ended March 31, 2014, OFG earned approximately $209,000 in loan fees on loans originated of $9,049,000. OFG earned no such fees during the three months ended March 31, 2013.
	OFG is reimbursed by the Company for the actual cost of goods, services and materials used for or by the Company and paid by OFG 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 $157,000 and $158,000 during the three months ended March 31, 2014 and 2013, respectively. The Company also reimbursed certain of OFG’s officers for allowed expenses in the total amount of $1,000 and $0 during the three months ended March 31, 2014 and 2013, respectively.
	The Company paid Investor’s Yield, Inc. (a wholly owned subsidiary of OFG) approximately $30,000 and $3,000 in fees primarily related to certain foreclosure proceedings on Company loans during the three months ended March 31, 2014 and 2013, respectively.

Note_8_Line_of_Credit_Payable

Note 8 - Line of Credit Payable	3 Months Ended
	Mar. 31, 2014
Debt Disclosure [Abstract]	'
Debt Disclosure [Text Block]	'
	NOTE 8 – LINE OF CREDIT PAYABLE
	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 plus one quarter percent (.25%) per annum (3.5% at March 31, 2014). Upon a default under the Credit Facility such interest rate increases by 2.00%. The Credit Facility required the payment of an origination fee of $100,000 and is subject to certain ongoing administrative fees and expenses. As of March 31, 2014, $115,000 of these fees had been paid and an additional $62,000 was paid in April 2014 (subsequent to quarter end).
	The balance outstanding on the line of credit was $4,100,000 as of March 31, 2014. The total amount available to borrow as of March 31, 2014 was $12,700,000 ($8,600,000 available). As of the date of this filing, approximately $16,000,000 was available to be borrowed and the outstanding balance was approximately $7,161,000. Interest expense was approximately $2,000 for the three months ended March 31, 2014.
	Borrowings under the Credit Facility are 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. As of March 31, 2014, the carrying amount and classification of loans securing the Credit Facility were as follows:
		March 31,
		2014
	Commercial	$	9,625,000
	Residential		8,446,188
		$	18,071,188
	The borrowing base calculation outlined in the Advance Formula Agreement equals the sum of: (a) the lesser of (i) 75% of the outstanding principal balance of those mortgage loan promissory notes issued by the Company in the ordinary course of business that qualify as “Eligible Loan Notes” according to criteria outlined in the Advance Formula Agreement and (ii) 50% of the then-current appraised value of the real property securing such Eligible Loan Notes; plus (b) 50% of the then-current Appraised Value of the real property owned by the Company that qualifies as “Eligible Owned Real Property” according to criteria outlined in the Advance Formula Agreement.
	The Credit Facility contains affirmative, negative, and financial covenants which are customary for loans of this type, including among others: approvals of new leases or lease renewals with respect to Collateral properties; maintaining the Company’s principal bank accounts with CB&T and maintenance of $2,000,000 of Unencumbered Liquid Assets (reported as restricted cash on the accompanying consolidated balance sheets); obligations to use best efforts to keep certain of the Company’s properties fully leased; maintenance of minimum debt-to-tangible net worth and debt service coverage ratios; limitations on repurchasing or redeeming stock of the Company; limitations on incurrence of liens or additional indebtedness; restrictions against guarantying debt outside the ordinary course of business; restrictions on asset dispositions, capital or corporate restructuring or other transactions outside the ordinary course of business; and restrictions on making certain investments. The Company has complied with these covenants as of March 31, 2014.
	The Credit Agreement contains certain events of default (subject to specified thresholds and, in certain cases, cure periods), including among others: nonpayment of principal and other amounts when due; breach of covenants or inaccuracy of representations and warranties; maintenance of required insurance; change in the management, ownership or control of the Company which CB&T believes could have a Material Adverse Effect as defined in the Credit Agreement; cross-default and/or cross-acceleration to other indebtedness; certain bankruptcy or insolvency events; the dissolution, merger or consolidation of the Company or if the Company ceases to do business as a going concern; the issuance of a writ of attachment, seizure or similar process against any part of the Company’s property; certain ERISA-related events; entry of non-appealable judgments against the Company that are not covered by insurance, or the entry of a levy or lien of attachment against any assets of the Company or entry by the Company into certain types of settlements; or if CB&T deems itself insecure with respect to the payment obligations of the Company or is of the opinion that a Material Adverse Effect has occurred or could occur. If an event of default occurs and is continuing under the Credit Agreement, CB&T may, among other things, terminate its obligations to lend under the Credit Facility and require the Company to repay all amounts owed thereunder.

Note_9_Notes_Payable

Note 9 - Notes Payable	3 Months Ended
	Mar. 31, 2014
Disclosure Text Block [Abstract]	'
Mortgage Notes Payable Disclosure [Text Block]	'
	NOTE 9 - NOTES PAYABLE
	The Company has a note payable to 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 $9,873,000 and $9,918,000 as of March 31, 2014 and December 31, 2013, 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 was approximately $125,000 and $127,000 for the three months ended March 31, 2014 and 2013, respectively.
	The Company also has three notes payable in the aggregate amount of $4,000,000 as of March 31, 2014 and December 31, 2013, respectively, related to the foreclosure or purchase of nine parcels by TSV in 2013 and 2012. Two of the notes with principal balances totaling $3,300,000 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 requires quarterly interest-only payments of 5% per annum and is due in August 2017. The Company paid approximately $7,000 of interest on one of the notes during the three months ended March 31, 2014. As of March 31, 2014 and December 31, 2013, there was approximately $64,000 and $21,000, 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 on these notes payable as of March 31, 2014:
	Twelve months ending March 31:
	2015	$	9,872,676
	2016		—
	2017		3,300,000
	2018		700,000
		$	13,872,676

Note_10_Stockholders_Equity

Note 10 - Stockholders' Equity	3 Months Ended
	Mar. 31, 2014
Stockholders' Equity Note [Abstract]	'
Stockholders' Equity Note Disclosure [Text Block]	'
	NOTE 10 – 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 be held as treasury 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 March 31, 2014 and December 31, 2013, the Company had repurchased 430,118 and 403,910 shares of its common stock, respectively, for a total cost of approximately $5,349,000 and $5,024,000 (including commissions) and an average cost of $12.44 per share.

Note_11_Restricted_Cash

Note 11 - Restricted Cash	3 Months Ended
	Mar. 31, 2014
Loss Contingency [Abstract]	'
Contingencies Disclosure [Text Block]	'
	NOTE 11 – 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 1-1/2% 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 March 31, 2014 and December 31, 2013 were approximately $3,894,000 and $3,895,000, respectively, 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. The $2,000,000 required to be held in a non-interest bearing account pursuant to the line of credit agreement is part of this balance (see Note 8).
	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 $93,000 and $200,000 as of March 31, 2014 and December 31, 2013, respectively.

Note_12_Fair_Value

Note 12 - Fair Value	3 Months Ended
	Mar. 31, 2014
Fair Value Disclosures [Abstract]	'
Fair Value Disclosures [Text Block]	'
	NOTE 12 – FAIR VALUE
	The Company accounts for 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 or  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
	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 a specific 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) or the fair value of the underlying collateral, if collateral dependent. The fair value of the loan’s collateral is determined by third party appraisals (by licensed appraisers), broker price opinions, comparable properties 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 March 31, 2014 and December 31, 2013, 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, when management determines the fair value of the collateral is further impaired below the appraised value or when there is no observable market data 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 loan losses. Subsequently, real estate held for sale properties 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 March 31, 2014 and December 31, 2013:
			Fair Value Measurements Using
			Fair Value			Quoted Prices In Active Markets for Identical Assets			Significant Other Observable Inputs				Significant Unobservable Inputs
						(Level 1)			(Level 2)				(Level 3)
	31-Mar-14
	Nonrecurring:
	Impaired loans:
	Commercial		$	1,169,653			—			—			$	1,169,653
	Residential			4,896,000			—			—				4,896,000
	Total		$	6,065,653			—			—			$	6,065,653
	Real estate properties:
	Commercial		$	408,000			—			—			$	408,000
	Land			2,770,560			—			—				2,770,560
	Total		$	3,178,560			—			—			$	3,178,560
	31-Dec-13
	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
	The provision for (reversal of) loan losses based on the fair value of loan collateral less estimated selling costs for the impaired loans above totaled approximately $73,000 and $(188,000) during the three months ended March 31, 2014 and 2013, respectively. An impairment loss of approximately $8,000 was recorded on one real estate property during the three months ended March 31, 2014. No impairment losses were recorded on real estate properties during the three months ended March 31, 2013.
	During the three months ended March 31, 2014 and 2013, 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 March 31, 2014 and December 31, 2013:
	At March 31, 2014:
	Description		Fair Value		Valuation		Significant Unobservable	Input (Range)
					Technique		Inputs	[Weighted Average]
	Impaired Loans:
	Commercial		$	1,169,653	Appraisal		Estimate of Future Improvements		13.60%
							Capitalization Rate	(	5.0 to 6.5%	)	[	5.7%	]
							Comparable Sales Adjustment	(	-59% to 32%	)	[	-10.60%	]
	Residential		$	4,896,000	Appraisal		Capitalization Rate		5.50%
							Comparable Sales Adjustment	(	-19.1% to 39%	)
	Real Estate Properties:
	Commercial		$	408,000	Appraisal		Comparable Sales Adjustment	(	-186.2% to -27.1%	)
							Capitalization Rate		8.20%
							Estimate of Future Improvements		15.80%
	Land		$	2,770,560	Appraisal		Comparable Sales Adjustment	(	-33.3% to 62.8%	)	[	29.7%	]
							Estimate of Future Improvements		54.10%
							Discount Rate		8.00%
	At December 31, 2013:
	Description		Fair Value		Valuation		Significant Unobservable	Input (Range)
					Technique		Inputs	[Weighted Average]
	Impaired Loans:
	Commercial		$	541,956	Appraisal		Estimate of Future Improvements		13.60%
							Capitalization Rate		6.50%
						Comparable Sales Adjustment	(	-59% to -2.3%	)
Residential		$	4,896,000	Appraisal		Capitalization Rate		5.50%
						Comparable Sales Adjustment	(	-19.1% to 39%	)
Real Estate Properties:
Commercial		$	408,000	Appraisal		Comparable Sales Adjustment	(	-186.2% to -27.1%	)
						Capitalization Rate		8.20%
						Estimate of Future Improvements		15.80%
Land		$	433,920	Appraisal		Comparable Sales Adjustment	(	-33.3% to 35.5 %	)	[	7.50%	]
%						Estimate of Future Improvements		54.10%
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 March 31, 2014 and December 31, 2013 are as follows:
					Fair Value Measurements at March 31, 2014
		Carrying			Level 1			Level 2				Level 3		Total
		Value
Financial assets
Cash and cash equivalents		$	1,423,000		$	1,423,000		$	—			$	—	$	1,423,000
Restricted cash			3,987,000			3,987,000			—				—		3,987,000
Loans, net			57,525,000			—			—				58,156,000		58,156,000
Investment in limited liability company			2,184,000			—			—				2,352,000		2,352,000
Interest and other receivables			1,661,000			—			156,000				1,505,000		1,661,000
Financial liabilities
Due to Manager		$	158,000		$	—		$	158,000			$	—	$	158,000
Accrued interest payable			109,000			—			109,000				—		109,000
Line of credit payable			4,100,000			—			—				4,100,000		4,100,000
Notes payable			13,873,000			—			—				13,848,000		13,848,000
					Fair Value Measurements at December 31, 2013
		Carrying			Level 1			Level 2				Level 3		Total
		Value
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
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 liquidity and/or 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 but are often unobservable resulting in a Level 3 classification. 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 resulting in a Level 3 classification.
Investment in limited liability company: The fair value of the Company’s investment in limited liability company is estimated based on an appraisal obtained which used unobservable inputs and is classified as Level 3.
Line of credit payable: The fair value of the Company’s line of credit payable is estimated based upon comparable market indicators of current pricing for the same or similar issue or on the current rate offered to the Company for debt of the same remaining maturity but may be unobservable resulting in a Level 3 classification.
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 but may be unobservable 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_13_Commitments_and_Contin

Note 13 - Commitments and Contingencies	3 Months Ended
	Mar. 31, 2014
Commitments and Contingencies Disclosure [Abstract]	'
Commitments and Contingencies Disclosure [Text Block]	'
	NOTE 13 - 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 March 31, 2014 and December 31, 2013, approximately $62,000 and $63,000 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 March 31, 2014 and December 31, 2013, approximately $69,000 and $65,000 had been accrued and/or paid for testing and analysis.
	Contractual Obligations
	The Company has entered into various contracts related to construction of the retail portion of the land owned by TSV. The aggregate amount of these contracts is approximately $19,240,000 as of the date of this filing, of which approximately $11,716,000 was incurred as of March 31, 2014. All costs for this project will be paid from cash reserves, from the recently obtained line of credit, and/or 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 $193,000 (as revised) of which approximately $118,000 has been incurred to date.
	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_14_Subsequent_Events

Note 14 - Subsequent Events	3 Months Ended
	Mar. 31, 2014
Subsequent Events [Abstract]	'
Subsequent Events [Text Block]	'
	NOTE 14 – SUBSEQUENT EVENT
	Credit Facility
	On April 22, 2014, the Company entered into a Secured Revolving Credit Loan Agreement (“Credit Agreement”) with Opus Bank (“Opus”) as the lender and executed a Promissory Note in favor of Opus, which agreements provide the Company with a new revolving line of credit facility (the “Opus Credit Facility”). As a condition to providing the Opus Credit Facility to the Company, Opus also required the Company’s Chairman of the Board, President and Chief Executive Officer, William C. Owens, to enter into a Carveout Payment Guaranty (the “Guaranty”), dated April 22, 2014, in favor of Opus. Mr. Owens’ has delivered the Guaranty in his individual capacity and as sole trustee of Owens Trust, a California trust controlled by Mr. Owens, to guarantee performance by the Company of certain specified obligations under the Credit Facility. Subject to various conditions, borrowings under the Opus Credit Facility will be used by the Company for general corporate purposes and to finance the origination of new commercial real estate loans.
	The maximum borrowings under the revolving Opus Credit Facility is the lesser of $20,000,000, which is the face amount of the Promissory Note, or the Maximum Allowed Advance amount determined pursuant to a borrowing base calculation described in the Credit Agreement. No funds have been borrowed to date under the Opus Credit Facility, and the Company borrowing availability under the borrowing base calculation is being determined by the parties and is expected to initially be significantly less than $20,000,000. At any time that the aggregate principal amount of the total borrowings under the Opus Credit Facility exceeds the Maximum Allowed Advance permitted pursuant to the borrowing base calculation, the Company must promptly repay an amount equal to such excess.
	Advances under the Opus Credit Facility may be made by Opus until April 1, 2016. All borrowings under the Opus Credit Facility bear interest payable monthly, in arrears, on the first business day of each month, as follows: (i) continuing through October 1, 2014 the rate of interest will be 4.5%; (ii) commencing October 1, 2014, and on each six month anniversary thereafter during the term (the “Rate Change Date”) the rate of interest will be reset to the Six Month LIBOR rate of interest (currently .33%) as reported on such Rate Change Date plus four percent (4.0%) per annum but in no event will the interest rate be lower than 4.5% per annum. Upon a default under the Opus Credit Facility such interest rate increases by an additional 5.00%. Commencing on May 1, 2016, in addition to the required interest payments, the Company is also required to make mandatory monthly principal payments and all amounts under the Opus Credit Facility are to be repaid not later than April 1, 2017.
	Borrowings under the Opus Credit Facility will be secured by certain of the Company's assets. These collateral assets will include the following types of assets to be identified by the parties and described in Borrowing Base Collateral Certificates to be entered into by the parties from time-to-time: (i) the grant to Opus of first-priority deeds of trust on certain of the Company's real property assets that meet related eligibility requirements set forth in the Credit Agreement (as further defined in the Credit Agreement, the “REO Collateral”); and (ii) the grant to Opus of a collateral interest in mortgage loan promissory notes issued by the Company in the ordinary course of business that meet related eligibility requirements set forth in the Credit Agreement (as further defined in the Credit Agreement, the “Note Collateral”).
	The borrowing base calculation outlined in the Credit Agreement equals the sum of: (a) the lesser of (i) 70% of the outstanding principal balance of the Note Collateral and (ii) 50% of the then-current Appraised Value of the real property securing such Note Collateral; plus (b) 60% of the then-current Appraised Value of the real property owned by the Company that qualifies as REO Collateral.
	The Opus Credit Facility contains affirmative, negative, and financial covenants which are customary for loans of this type, including among others: approvals of new leases or lease renewals with respect to collateral properties; maintaining a minimum of $2,500,000 (potentially increasing to $5,000,000 six months after entering into the Credit Agreement) in bank accounts maintained at Opus; compliance by Mr. Owens with all terms of the Guaranty obligations; maintenance of minimum debt-to-tangible net worth and debt service coverage ratios and limitations on making dividends or distributions that could cause a material adverse change in the Company’s financial position or have other financial consequences as described in the agreements. The Opus Credit Facility required the payment of an origination fee of $100,000 and is subject to certain administrative fees and expenses. As of March 31, 2014, $80,000 of these fees had been paid and an additional $82,000 was paid in April 2014 (subsequent to quarter end).

Accounting_Policies_by_Policy_

Accounting Policies, by Policy (Policies)	3 Months Ended
	Mar. 31, 2014
Accounting Policies [Abstract]	'
Basis of Accounting, Policy [Policy Text Block]	'
	Basis of Presentation
	Principles of Consolidation
	The consolidated financial statements include the accounts of the Company and its wholly-owned taxable REIT subsidiary (TRS) and its majority- and wholly-owned limited liability companies (see notes 5 and 6). 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, not affecting previously reported net income or total stockholders’ equity, have been made to the previously issued consolidated financial statements to conform to the current period presentation.
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 4 and 13). 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.
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, non-interest bearing deposits required pursuant to the Company’s new line of credit (see Note 8) 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 7).
	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 management’s 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 a 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 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 considered 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, management 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 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 considered 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 debt issuance 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 debt issuance costs 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 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 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 placing our REIT status at risk or become subject to prohibited transactions penalty tax. 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 Notes 4 and 13) 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, except if when doing so such instruments would be anti-dilutive. At the present time, the Company has not issued any restricted stock or restricted stock units.
Income Tax, Policy [Policy Text Block]	'
	Income Taxes
	The Company intends to elect and qualify for taxation 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 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 March 31, 2014 and December 31, 2013, 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_for1

Note 3 - Loans and Allowance for Loan Losses (Tables)	3 Months Ended
	Mar. 31, 2014
Note 3 - Loans and Allowance for Loan Losses (Tables) [Line Items]	'
Past Due Financing Receivables [Table Text Block]	'
	31-Mar-14	Loans			Loans				Loans		Total Past			Current		Total Loans
		30-59 Days			60-89 Days				90 or More Days		Due Loans			Loans
		Past Due			Past Due				Past Due
	Commercial	$	—		$	—		$	5,790,698		$	5,790,698		$	28,679,380	$	34,470,078
	Residential		—			—			9,849,712			9,849,712			15,705,886		25,555,598
	Land		—			—			2,016,003			2,016,003			350,000		2,366,003
		$	—		$	—		$	17,656,413		$	17,656,413		$	44,735,266	$	62,391,679
	31-Dec-13	Loans			Loans			Loans			Total Past			Current		Total Loans
		30-59 Days			60-89 Days			90 or More Days			Due Loans			Loans
		Past Due			Past Due			Past Due
	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
Impaired Financing Receivables [Table Text Block]	'
		As of March 31, 2014									Three Months Ended March 31, 2014
		Recorded			Unpaid			Related			Average			Interest
		Investment			Principal			Allowance			Recorded			Income
					Balance						Investment			Recognized
	With no related allowance recorded:
	Commercial	$	16,226,194		$	15,500,326		$	—		$	16,217,747		$	498,505
	Residential		2,391,362			2,314,712			—			2,503,678			45,000
	Land		2,016,275			2,016,003			—			4,023,444			54,320
	With an allowance recorded:
	Commercial		1,780,568			1,768,752			610,915			1,783,636			14,482
	Residential		7,983,345			7,535,000			3,087,345			7,983,430			39,000
	Land		—			—			—			—			—
	Total:
	Commercial	$	18,006,762		$	17,269,078		$	610,915		$	18,001,383		$	512,987
	Residential	$	10,374,707		$	9,849,712		$	3,087,345		$	10,487,108		$	84,000
	Land	$	2,016,275		$	2,016,003		$	—		$	4,023,444		$	54,320
		As of December 31, 2013									Three Months Ended March 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		$	—		$	7,208,898		$	282,783
	Residential		2,734,228			2,660,725			—			2,900,666			36,876
	Land		5,017,839			4,975,502			—			5,443,820			82,320
	With an allowance recorded:
	Commercial		1,079,699			1,078,752			537,743			1,079,699			3,000
	Residential		7,983,345			7,535,000			3,087,345			7,983,334			64,100
	Land		—			—			—			25,058,537			—
	Total:
	Commercial	$	17,292,598		$	16,566,878		$	537,743		$	8,288,597		$	285,783
	Residential	$	10,717,573		$	10,195,725		$	3,087,345		$	10,884,000		$	100,976
	Land	$	5,017,839		$	4,975,502		$	—		$	30,502,357		$	82,320
By Segment [Member]	'
Note 3 - Loans and Allowance for Loan Losses (Tables) [Line Items]	'
Allowance for Credit Losses on Financing Receivables [Table Text Block]	'
	2014	Commercial			Residential			Land			Total
	Allowance for loan losses:
		Three Months Ended March 31, 2014
	Beginning balance	$	932,651		$	3,798,203		$	8,234		$	4,739,088
	Provision (Reversal)		282,373			(159,259	)		4,058			127,172
	Ending Balance	$	1,215,024		$	3,638,944		$	12,292		$	4,866,260
		As of March 31, 2014
	Ending balance: individually evaluated for impairment	$	610,915		$	3,087,345		$	—		$	3,698,260
	Ending balance: collectively evaluated for impairment	$	604,109		$	551,599		$	12,292		$	1,168,000
	Ending balance	$	1,215,024		$	3,638,944		$	12,292		$	4,866,260
	Loans:
	Ending balance	$	34,470,078		$	25,555,598		$	2,366,003		$	62,391,679
	Ending balance: individually evaluated for impairment	$	17,269,078		$	9,849,712		$	2,016,003		$	29,134,793
	Ending balance: collectively evaluated for impairment	$	17,201,000		$	15,705,886		$	350,000		$	33,256,886
	2013	Commercial			Residential			Land			Total
	Allowance for loan losses:
		Three Months Ended March 31, 2013
	Beginning balance	$	1,606,925		$	4,288,108		$	18,522,864		$	24,417,897
	(Reversal) Provision		(38,148	)		(28,950	)		(190,115	)		(257,213	)
	Ending Balance	$	1,568,777		$	4,259,458		$	18,332,749		$	24,160,684
		As of December 31, 2013
	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

Note_5_Real_Estate_Held_for_Sa1

Note 5 - Real Estate Held for Sale (Tables)	3 Months Ended
	Mar. 31, 2014
Disclosure Text Block [Abstract]	'
Properties Acquired Through Foreclosure [Table Text Block]	'
		March 31,		December 31,
		2014		2013
	Residential	$	93,647	$	93,647
	Land		3,427,200		3,427,200
	Golf course		1,981,291		1,961,284
	Marina		408,000		408,000
		$	5,910,138	$	5,890,131

Note_6_Real_Estate_Held_for_In1

Note 6 - Real Estate Held for Investment (Tables)	3 Months Ended
	Mar. 31, 2014
Note 6 - Real Estate Held for Investment (Tables) [Line Items]	'
Income from Real Estate Held for Investment [Table Text Block]	'
		Three Months Ended			Three Months Ended
		31-Mar-14			31-Mar-13
	DarkHorse Golf Club, LLC (golf course sold in 2012)	$	2,000		$	(104,000	)
	Lone Star Golf, LLC		(73,000	)		(52,000	)
	Baldwin Ranch Subdivision, LLC		(33,000	)		(26,000	)
	The Last Resort and Marina, LLC		(13,000	)		(7,000	)
	54th Street Condos, LLC		1,000			(25,000	)
	Wolfe Central, LLC		99,000			99,000
	AMFU, LLC		2,000			(3,000	)
	Phillips Road, LLC		43,000			7,000
	1401 on Jackson, LLC (sold in 2013)		—			52,000
	Broadway & Commerce, LLC		13,000			15,000
	Brannan Island, LLC (foreclosed in 2013)		—			(36,000	)
	Piper Point Marina- held in Sandmound Marina, LLC (foreclosed in 2014)		(14,000	)		—
	Light industrial building, Paso Robles, California		52,000			49,000
	Undeveloped industrial land, San Jose, California		(30,000	)		(38,000	)
	Office condominium complex, Roseville, California		(13,000	)		(25,000	)
	Storage facility/business, Stockton, California		81,000			78,000
	Undeveloped land, Gypsum, Colorado		(70,000	)		(60,000	)
	Retail complex, Hilo, Hawaii (sold in 2013)		—			(26,000	)
Schedule of Future Minimum Rental Payments for Operating Leases [Table Text Block]	'
	Twelve months ending March 31:
	2015	$	5,350,960
	2016		2,398,006
	2017		1,942,651
	2018		1,435,066
	2019		1,041,804
	Thereafter (through 2026)		2,431,561
		$	14,600,048
By Property [Member]	'
Note 6 - Real Estate Held for Investment (Tables) [Line Items]	'
Schedule of Real Estate Properties [Table Text Block]	'
		March 31,			December 31,
		2014			2013
	Land (including land under development)	$	53,650,892		$	46,873,135
	Residential		46,814,715			47,037,370
	Retail		15,561,805			15,588,452
	Office		9,294,507			9,348,331
	Industrial		4,571,067			4,605,910
	Storage		3,919,806			3,943,780
	Marina		3,189,335			2,028,855
		$	137,002,127		$	129,425,833
By Class of Property [Member]	'
Note 6 - Real Estate Held for Investment (Tables) [Line Items]	'
Schedule of Real Estate Properties [Table Text Block]	'
		March 31,			December 31,
		2014			2013
	Land and land improvements	$	81,345,817		$	73,591,953
	Buildings and improvements		65,775,227			65,433,599
			147,121,044			139,025,552
	Less: Accumulated depreciation		(10,118,917	)		(9,599,719	)
		$	137,002,127		$	129,425,833

Note_8_Line_of_Credit_Payable_

Note 8 - Line of Credit Payable (Tables)	3 Months Ended
	Mar. 31, 2014
Debt Disclosure [Abstract]	'
Schedule of Financial Instruments Owned and Pledged as Collateral [Table Text Block]	'
		March 31,
		2014
	Commercial	$	9,625,000
	Residential		8,446,188
		$	18,071,188

Note_9_Notes_Payable_Tables

Note 9 - Notes Payable (Tables)	3 Months Ended
	Mar. 31, 2014
Disclosure Text Block [Abstract]	'
Schedule of Maturities of Long-term Debt [Table Text Block]	'
	Twelve months ending March 31:
	2015	$	9,872,676
	2016		—
	2017		3,300,000
	2018		700,000
		$	13,872,676

Note_12_Fair_Value_Tables

Note 12 - Fair Value (Tables)	3 Months Ended
	Mar. 31, 2014
Fair Value Disclosures [Abstract]	'
Fair Value Measurements, Nonrecurring [Table Text Block]	'
		Fair Value Measurements Using
		Fair Value			Quoted Prices In Active Markets for Identical Assets			Significant Other Observable Inputs				Significant Unobservable Inputs
					(Level 1)			(Level 2)				(Level 3)
	31-Mar-14
	Nonrecurring:
	Impaired loans:
	Commercial	$	1,169,653			—			—			$	1,169,653
	Residential		4,896,000			—			—				4,896,000
	Total	$	6,065,653			—			—			$	6,065,653
	Real estate properties:
	Commercial	$	408,000			—			—			$	408,000
	Land		2,770,560			—			—				2,770,560
	Total	$	3,178,560			—			—			$	3,178,560
	31-Dec-13
	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
Fair Value Inputs, Assets, Quantitative Information [Table Text Block]	'
	Description	Fair Value		Valuation		Significant Unobservable	Input (Range)
				Technique		Inputs	[Weighted Average]
	Impaired Loans:
	Commercial	$	1,169,653	Appraisal		Estimate of Future Improvements		13.60%
						Capitalization Rate	(	5.0 to 6.5%	)	[	5.7%	]
						Comparable Sales Adjustment	(	-59% to 32%	)	[	-10.60%	]
	Residential	$	4,896,000	Appraisal		Capitalization Rate		5.50%
						Comparable Sales Adjustment	(	-19.1% to 39%	)
	Real Estate Properties:
	Commercial	$	408,000	Appraisal		Comparable Sales Adjustment	(	-186.2% to -27.1%	)
						Capitalization Rate		8.20%
						Estimate of Future Improvements		15.80%
	Land	$	2,770,560	Appraisal		Comparable Sales Adjustment	(	-33.3% to 62.8%	)	[	29.7%	]
						Estimate of Future Improvements		54.10%
						Discount Rate		8.00%
	Description	Fair Value		Valuation		Significant Unobservable	Input (Range)
				Technique		Inputs	[Weighted Average]
	Impaired Loans:
	Commercial	$	541,956	Appraisal		Estimate of Future Improvements		13.60%
						Capitalization Rate		6.50%
						Comparable Sales Adjustment	(	-59% to -2.3%	)
	Residential	$	4,896,000	Appraisal		Capitalization Rate		5.50%
						Comparable Sales Adjustment	(	-19.1% to 39%	)
	Real Estate Properties:
	Commercial	$	408,000	Appraisal		Comparable Sales Adjustment	(	-186.2% to -27.1%	)
						Capitalization Rate		8.20%
						Estimate of Future Improvements		15.80%
	Land	$	433,920	Appraisal		Comparable Sales Adjustment	(	-33.3% to 35.5 %	)	[	7.50%	]
	%					Estimate of Future Improvements		54.10%
Fair Value, by Balance Sheet Grouping [Table Text Block]	'
					Fair Value Measurements at March 31, 2014
		Carrying			Level 1			Level 2				Level 3		Total
		Value
	Financial assets
	Cash and cash equivalents	$	1,423,000		$	1,423,000		$	—			$	—	$	1,423,000
	Restricted cash		3,987,000			3,987,000			—				—		3,987,000
	Loans, net		57,525,000			—			—				58,156,000		58,156,000
	Investment in limited liability company		2,184,000			—			—				2,352,000		2,352,000
	Interest and other receivables		1,661,000			—			156,000				1,505,000		1,661,000
	Financial liabilities
	Due to Manager	$	158,000		$	—		$	158,000			$	—	$	158,000
	Accrued interest payable		109,000			—			109,000				—		109,000
	Line of credit payable		4,100,000			—			—				4,100,000		4,100,000
	Notes payable		13,873,000			—			—				13,848,000		13,848,000
					Fair Value Measurements at December 31, 2013
		Carrying			Level 1			Level 2				Level 3		Total
		Value
	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

Note_1_Organization_Details

Note 1 - Organization (Details) (USD $)	0 Months Ended	1 Months Ended							0 Months Ended	1 Months Ended	0 Months Ended
	20-May-13	20-May-13	Mar. 31, 2014	Dec. 31, 2013	Feb. 12, 2013	Jan. 23, 2013	Aug. 09, 2012	Dec. 31, 2011	Feb. 12, 2013	20-May-13	Aug. 09, 2012
									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	50,000,000	'	50,000,000	1,000,000	'	'	'	'
Common Stock, Par or Stated Value Per Share (in Dollars per share)	'	'	$0.01	$0.01	'	$0.01	$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	5,000,000	'	5,000,000	'	'	'	'	'
Preferred Stock, Par or Stated Value Per Share (in Dollars per share)	'	'	$0.01	$0.01	'	$0.01	'	'	'	'	'
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	11,198,119	'	'	'	11,198,119	'	'	1,000
Potential Percentage Penalty Tax	'	'	100.00%	'	'	'	'	'	'	'	'
REIT Minimum Percent Distribution Of Taxable Income	'	'	90.00%	'	'	'	'	'	'	'	'

Note_2_Summary_of_Significant_1

Note 2 - Summary of Significant Accounting Policies (Details) (USD $)	3 Months Ended
	Mar. 31, 2014	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	'
Unrecognized Tax Benefits	$0	$0
Unrecognized Tax Benefits, Income Tax Penalties and Interest Expense	$0	'
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 $)	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013	Dec. 31, 2013	Dec. 31, 2012
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	4,866,260	'	4,739,088	24,417,897
Financing Receivable, Modifications, Number of Contracts	0	0	'	'
Modified Loan Terms [Member]	'	'	'	'
Note 3 - Loans and Allowance for Loan Losses (Details) [Line Items]	'	'	'	'
Allowance for Loan and Lease Losses, Real Estate	3,627,000	'	3,625,000	'
Financing Receivable, Modifications, Recorded Investment	22,449,000	'	'	'
Modified Loan Terms [Member]	'	'	'	'
Note 3 - Loans and Allowance for Loan Losses (Details) [Line Items]	'	'	'	'
Financing Receivable, Modifications, Recorded Investment	'	'	$25,781,000	'

Note_3_Loans_and_Allowance_for3

Note 3 - Loans and Allowance for Loan Losses (Details) - Allocation of the Allowance for Loan Losses (USD $)	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013	Dec. 31, 2013
Financing Receivable, Allowance for Credit Losses [Line Items]	'	'	'
Beginning balance	$4,739,088	$24,417,897	'
Ending balance	'	24,160,684	4,739,088
Ending balance	4,866,260	'	'
Loans:	'	'	'
Ending balance	62,391,679	'	58,796,293
Ending balance: individually evaluated for impairment	29,134,793	'	31,738,105
Ending balance: collectively evaluated for impairment	33,256,886	'	27,058,188
Ending balance: individually evaluated for impairment	3,698,260	'	3,625,088
Ending balance: collectively evaluated for impairment	1,168,000	'	1,114,000
(Reversal) Provision	127,172	-257,213	'
Commercial Real Estate [Member]	'	'	'
Financing Receivable, Allowance for Credit Losses [Line Items]	'	'	'
Beginning balance	932,651	1,606,925	'
Ending balance	'	1,568,777	932,651
Ending balance	1,215,024	'	'
Loans:	'	'	'
Ending balance	34,470,078	'	26,158,878
Ending balance: individually evaluated for impairment	17,269,078	'	16,566,878
Ending balance: collectively evaluated for impairment	17,201,000	'	9,592,000
Ending balance: individually evaluated for impairment	610,915	'	537,743
Ending balance: collectively evaluated for impairment	604,109	'	394,908
(Reversal) Provision	282,373	-38,148	'
Condominiums [Member]	'	'	'
Financing Receivable, Allowance for Credit Losses [Line Items]	'	'	'
Beginning balance	3,798,203	4,288,108	'
Ending balance	'	4,259,458	3,798,203
Ending balance	3,638,944	'	'
Loans:	'	'	'
Ending balance	25,555,598	'	27,461,913
Ending balance: individually evaluated for impairment	9,849,712	'	10,195,725
Ending balance: collectively evaluated for impairment	15,705,886	'	17,266,188
Ending balance: individually evaluated for impairment	3,087,345	'	3,087,345
Ending balance: collectively evaluated for impairment	551,599	'	710,858
(Reversal) Provision	-159,259	-28,950	'
Improved and unimproved land [Member]	'	'	'
Financing Receivable, Allowance for Credit Losses [Line Items]	'	'	'
Beginning balance	8,234	18,522,864	'
Ending balance	'	18,332,749	8,234
Ending balance	12,292	'	'
Loans:	'	'	'
Ending balance	2,366,003	'	5,175,502
Ending balance: individually evaluated for impairment	2,016,003	'	4,975,502
Ending balance: collectively evaluated for impairment	350,000	'	200,000
Ending balance: collectively evaluated for impairment	12,292	'	8,234
(Reversal) Provision	$4,058	($190,115)	'

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 $)	Mar. 31, 2014	Dec. 31, 2013
Financing Receivable, Recorded Investment, Past Due [Line Items]	'	'
Loans secured by trust deeds, 90 days or more	$17,656,413	$20,271,926
Loans secured by trust deeds, past due	17,656,413	20,961,926
Loans secured by trust deeds, current	44,735,266	37,834,367
Loans secured by trust deeds	62,391,679	58,796,293
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	5,790,698	5,100,699
Loans secured by trust deeds, past due	5,790,698	5,790,699
Loans secured by trust deeds, current	28,679,380	20,368,179
Loans secured by trust deeds	34,470,078	26,158,878
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	9,849,712	10,195,725
Loans secured by trust deeds, past due	9,849,712	10,195,725
Loans secured by trust deeds, current	15,705,886	17,266,188
Loans secured by trust deeds	25,555,598	27,461,913
Improved and unimproved land [Member]	'	'
Financing Receivable, Recorded Investment, Past Due [Line Items]	'	'
Loans secured by trust deeds, 90 days or more	2,016,003	4,975,502
Loans secured by trust deeds, past due	2,016,003	4,975,502
Loans secured by trust deeds, current	350,000	200,000
Loans secured by trust deeds	$2,366,003	$5,175,502

Note_3_Loans_and_Allowance_for5

Note 3 - Loans and Allowance for Loan Losses (Details) - Impaired Loans (USD $)	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013	Dec. 31, 2013
Total:	'	'	'
Unpaid Principal Balance	'	'	$11,466,179
Commercial Real Estate [Member]	'	'	'
With no related allowance recorded:	'	'	'
Recorded Investment With No Related Allowance Recorded	16,226,194	'	16,212,899
Unpaid Principal Balance With No Related Allowance Recorded	15,500,326	'	15,488,126
Average Recorded Investment With No Related Allowance Recorded	16,217,747	7,208,898	'
Interest Income Recognized With No Related Allowance Recorded	498,505	282,783	'
With an allowance recorded:	'	'	'
Recorded Investment With Related Allowance Recorded	1,780,568	'	1,079,699
Unpaid Principal Balance With Related Allowance Recorded	1,768,752	'	1,078,752
Related Allowance	610,915	'	537,743
Average Recorded Investment With Related Allowance Recorded	1,783,636	1,079,699	'
Interest Income Recognized With Related Allowance Recorded	14,482	3,000	'
Total:	'	'	'
Recorded Investment	18,006,762	'	17,292,598
Unpaid Principal Balance	17,269,078	'	16,566,878
Related Allowance	610,915	'	537,743
Average Recorded Investment	18,001,383	8,288,597	'
Interest Income Recognized	512,987	285,783	'
Residential [Member]	'	'	'
With no related allowance recorded:	'	'	'
Recorded Investment With No Related Allowance Recorded	2,391,362	'	2,734,228
Unpaid Principal Balance With No Related Allowance Recorded	2,314,712	'	2,660,725
Average Recorded Investment With No Related Allowance Recorded	2,503,678	2,900,666	'
Interest Income Recognized With No Related Allowance Recorded	45,000	36,876	'
With an allowance recorded:	'	'	'
Recorded Investment With Related Allowance Recorded	7,983,345	'	7,983,345
Unpaid Principal Balance With Related Allowance Recorded	7,535,000	'	7,535,000
Related Allowance	3,087,345	'	3,087,345
Average Recorded Investment With Related Allowance Recorded	7,983,430	7,983,334	'
Interest Income Recognized With Related Allowance Recorded	39,000	64,100	'
Total:	'	'	'
Recorded Investment	10,374,707	'	10,717,573
Unpaid Principal Balance	9,849,712	'	10,195,725
Related Allowance	3,087,345	'	3,087,345
Average Recorded Investment	10,487,108	10,884,000	'
Interest Income Recognized	84,000	100,976	'
Improved and unimproved land [Member]	'	'	'
With no related allowance recorded:	'	'	'
Recorded Investment With No Related Allowance Recorded	2,016,275	'	5,017,839
Unpaid Principal Balance With No Related Allowance Recorded	2,016,003	'	4,975,502
Average Recorded Investment With No Related Allowance Recorded	4,023,444	5,443,820	'
Interest Income Recognized With No Related Allowance Recorded	54,320	82,320	'
With an allowance recorded:	'	'	'
Average Recorded Investment With Related Allowance Recorded	'	25,058,537	'
Total:	'	'	'
Recorded Investment	2,016,275	'	5,017,839
Unpaid Principal Balance	2,016,003	'	4,975,502
Average Recorded Investment	4,023,444	30,502,357	'
Interest Income Recognized	$54,320	$82,320	'

Note_4_Investment_in_Limited_L1

Note 4 - Investment in Limited Liability Company (Details) (USD $)	3 Months Ended					3 Months Ended
	Mar. 31, 2014		Mar. 31, 2013		Feb. 28, 2013	Mar. 31, 2014	Mar. 31, 2013	Jul. 31, 2008
						1850 [Member]	1850 [Member]	1850 [Member]
Note 4 - Investment in Limited Liability Company (Details) [Line Items]	'		'		'	'	'	'
Number of Real Estate Properties	1		'		2	'	'	2
Number of Companies	'		'		'	'	'	2
Proceeds from Equity Method Investment, Dividends or Distributions	'		'		'	$0	$0	'
Income (Loss) from Equity Method Investments	$41,696	[1]	$41,002	[1]	'	$42,000	$41,000	'
[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, 2013, as required under the accounting guidelines for a transfer of an entity under common control (refer to Note 1).

Note_5_Real_Estate_Held_for_Sa2

Note 5 - Real Estate Held for Sale (Details) (USD $)	3 Months Ended				3 Months Ended
	Mar. 31, 2014	Feb. 28, 2013	Mar. 31, 2013	Mar. 31, 2013	Mar. 31, 2013
			Subdivision Lots [Member]	Manufactured Home [Member]	Manufactured Home Including The Lot [Member]
			California [Member]	California [Member]	California [Member]
Note 5 - Real Estate Held for Sale (Details) [Line Items]	'	'	'	'	'
Sales of Real Estate	$0	'	'	'	'
Gain (Loss) on Sale of Properties	276,000	'	'	'	30,000
Number of Real Estate Properties	1	2	4	1	'
Proceeds from Sale of Other Real Estate	'	'	'	'	$73,000

Note_5_Real_Estate_Held_for_Sa3

Note 5 - Real Estate Held for Sale (Details) - Properties Acquired Through Foreclosure (USD $)	Mar. 31, 2014	Dec. 31, 2013
Note 5 - Real Estate Held for Sale (Details) - Properties Acquired Through Foreclosure [Line Items]	'	'
Real estate held for sale	$5,910,138	$5,890,131
Residential [Member]	'	'
Note 5 - Real Estate Held for Sale (Details) - Properties Acquired Through Foreclosure [Line Items]	'	'
Real estate held for sale	93,647	93,647
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	3,427,200
Golf Course [Member]	'	'
Note 5 - Real Estate Held for Sale (Details) - Properties Acquired Through Foreclosure [Line Items]	'	'
Real estate held for sale	1,981,291	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

Note_6_Real_Estate_Held_for_In2

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

3 Months Ended

3 Months Ended

3 Months Ended

0 Months Ended

1 Months Ended

3 Months Ended

1 Months Ended

3 Months Ended

12 Months Ended

3 Months Ended

3 Months Ended

Mar. 31, 2014

Mar. 31, 2013

Dec. 31, 2013

Feb. 28, 2013

Mar. 31, 2013

Mar. 31, 2013

Mar. 31, 2014

Dec. 31, 2013

Dec. 31, 2011

Dec. 31, 2011

Dec. 31, 2011

Dec. 31, 2011

Dec. 31, 2012

Dec. 31, 2012

Feb. 28, 2014

Oct. 31, 2013

31-May-13

Dec. 31, 2012

31-May-13

Oct. 31, 2013

Oct. 31, 2013

Oct. 31, 2013

Mar. 31, 2014

Mar. 31, 2013

Oct. 31, 2013

Feb. 28, 2014

Oct. 31, 2013

Jul. 31, 2013

Feb. 28, 2013

Dec. 31, 2012

Mar. 31, 2013

Mar. 31, 2014

Dec. 31, 2013

Mar. 31, 2012

Mar. 31, 2014

Mar. 31, 2013

Dec. 31, 2013

Dec. 31, 2011

Dec. 31, 2013

Mar. 31, 2014

Mar. 31, 2013

Dec. 31, 2013

Mar. 31, 2014

Mar. 31, 2014

Mar. 31, 2014

Dec. 31, 2013

Boat Slips [Member]

Undeveloped Parcel, South Lake Tahoe, California [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]

Parcel [Member]

Third Deed of Trust Parcel [Member]

Post Consolidation Parcels [Member]

Parcels Fronting HWY 50 [Member]

Parcels Fronting HWY 50 [Member]

Sandmound Marina, LLC Foreclosed in 2014 [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]

Tahoe Stateline Venture, LLC [Member]

Tahoe Stateline Venture, LLC [Member]

TOTB [Member]

TOTB [Member]

TOTB [Member]

TOTB [Member]

TOTB [Member]

OFG [Member]

720 [Member]

720 [Member]

720 [Member]

Minimum [Member]

Maximum [Member]

First Phase [Member]

First Phase [Member]

Brannan Island, LLC (foreclosed in 2013) [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]

Tahoe Stateline Venture, LLC [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

$519,000

$370,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

$150,000

$0

'

'

'

'

'

'

'

'

'

'

Mortgage Loans on Real Estate, Foreclosures

'

'

'

'

'

1,401,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

2,960,000

1,863,000

'

'

'

'

1,400,000

'

'

'

'

'

'

'

'

26,257,000

'

'

'

'

'

'

'

'

Interest And Other Receivables Foreclosures

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

282,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

257,020

[1]

952,357

[1]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

257,000

'

'

'

'

'

'

'

952,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Number of Real Estate Properties

1

'

'

2

179

'

'

'

3

2

'

'

29

16

9

20

10

7

1

16

8

9

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Interest and Other Receivables, Foreclosures

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

140,000

'

'

'

'

'

'

335,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

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

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

119,000

174,000

'

'

'

-22,000

27,000

'

'

'

'

'

Depreciation, Depletion and Amortization, Nonproduction

546,097

[1]

398,018

[1]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

110,000

107,000

'

'

'

'

'

Noncontrolling Interest in Joint Ventures

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

6,400,000

'

6,372,000

'

'

-2,000

'

-15,000

'

'

'

'

Real Estate Investment Property, Net

137,002,127

'

129,425,833

'

'

'

11,671,000

11,697,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Number of Units in Real Estate Property

'

'

'

'

'

'

'

'

'

'

169

160

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Payments to Acquire Interest in Subsidiaries and Affiliates

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

7,200,000

'

'

'

'

'

'

'

'

'

'

'

'

Payments to Noncontrolling Interests

2,618

[1]

3,870

[1]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

7,200,000

'

'

'

'

'

'

'

'

'

'

'

'

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

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

2,760,000

'

'

'

'

'

'

'

'

'

'

'

'

Noncontrolling Interest, Ownership Percentage by Noncontrolling Owners

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

19.26%

'

'

'

'

'

'

'

'

'

'

'

'

Proceeds from Contributions from Affiliates

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

2,583,000

'

'

'

'

'

'

'

'

'

Noncontrolling Interest, Increase from Subsidiary Equity Issuance

-4,359

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

1,520,000

'

363,000

'

'

'

'

'

'

'

Mortgage Loans on Real Estate

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

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

44,909

[1]

42,780

[1]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

300,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Notes Payable

13,872,676

'

13,917,585

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

700,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Area of Real Estate Property (in Square Feet)

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

30,507

'

'

'

'

'

'

'

'

'

'

'

'

'

Contractual Obligation

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

19,240,000

'

'

193,000

'

'

'

'

'

'

'

'

'

'

16,702,000

Contractual Obligation Cost Incurred To Date

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

9,849,000

'

Development Costs, Cumulative

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

14,476,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Capital Expenditures Incurred but Not yet Paid

$1,123,758

[1]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

$6,000,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Remaining Term on Lease

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'1 year

'13 years

'

'

[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, 2013, as required under the accounting guidelines for a transfer of an entity 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 $)	Mar. 31, 2014	Dec. 31, 2013
Real Estate Properties [Line Items]	'	'
Real estate held for investment	$137,002,127	$129,425,833
Improved and unimproved land [Member]	'	'
Real Estate Properties [Line Items]	'	'
Real estate held for investment	53,650,892	46,873,135
Residential [Member]	'	'
Real Estate Properties [Line Items]	'	'
Real estate held for investment	46,814,715	47,037,370
Retail Site [Member]	'	'
Real Estate Properties [Line Items]	'	'
Real estate held for investment	15,561,805	15,588,452
Office Building [Member]	'	'
Real Estate Properties [Line Items]	'	'
Real estate held for investment	9,294,507	9,348,331
Industrial Property [Member]	'	'
Real Estate Properties [Line Items]	'	'
Real estate held for investment	4,571,067	4,605,910
Warehouse [Member]	'	'
Real Estate Properties [Line Items]	'	'
Real estate held for investment	3,919,806	3,943,780
Marinas [Member]	'	'
Real Estate Properties [Line Items]	'	'
Real estate held for investment	$3,189,335	$2,028,855

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 $)	Mar. 31, 2014	Dec. 31, 2013
Land and The Major Classes of Depreciable Property for Real Estate Held for Investment [Abstract]	'	'
Land and land improvements	$81,345,817	$73,591,953
Buildings and improvements	65,775,227	65,433,599
	147,121,044	139,025,552
Less: Accumulated depreciation	-10,118,917	-9,599,719
	$137,002,127	$129,425,833

Note_6_Real_Estate_Held_for_In5

Note 6 - Real Estate Held for Investment (Details) - Approximate Net Operating Income (Loss) from Partnership Real Estate Properties (USD $)	3 Months Ended
	Mar. 31, 2014		Mar. 31, 2013
Note 6 - Real Estate Held for Investment (Details) - Approximate Net Operating Income (Loss) from Partnership Real Estate Properties [Line Items]	'		'
Net operating income (loss)	$760,563	[1]	$1,429,932	[1]
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)	2,000		-104,000
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)	-73,000		-52,000
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)	-33,000		-26,000
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)	-13,000		-7,000
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)	1,000		-25,000
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)	99,000		99,000
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)	2,000		-3,000
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)	43,000		7,000
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)	'		52,000
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)	13,000		15,000
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)	'		-36,000
Piper Point Marina - Held in Sandmound 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)	-14,000		'
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)	52,000		49,000
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)	-30,000		-38,000
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)	-13,000		-25,000
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)	81,000		78,000
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)	-70,000		-60,000
Retail Complex, Hilo, Hawaii [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)	'		($26,000)
[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, 2013, as required under the accounting guidelines for a transfer of an entity under common control (refer to Note 1).

Note_6_Real_Estate_Held_for_In6

Note 6 - Real Estate Held for Investment (Details) - Future Minimum Rental Income from Noncancellable Operating Leases (USD $)	Mar. 31, 2014
Future Minimum Rental Income from Noncancellable Operating Leases [Abstract]	'
2015	$5,350,960
2016	2,398,006
2017	1,942,651
2018	1,435,066
2019	1,041,804
Thereafter (through 2026)	2,431,561
	$14,600,048

Note_7_Transactions_with_Affil1

Note 7 - Transactions with Affiliates (Details) (USD $)	3 Months Ended
	Mar. 31, 2014		Mar. 31, 2013		Dec. 31, 2013
Note 7 - Transactions with Affiliates (Details) [Line Items]	'		'		'
Management Fee Expense	$420,306	[1]	$439,772	[1]	'
Professional and Contract Services Expense	38,210	[1]	43,455	[1]	'
Due to Related Parties	157,596		'		293,776
Potential Decrease in Net Income, Percentage	'		2.70%		'
Late Fee Income Generated by Servicing Financial Assets, Amount	1,000		1,000		'
Ancillary Fee Income Generated by Servicing Financial Assets, Amount	1,000		0		'
Loan Fees Earned by OFG	209,000		0		'
Loans and Leases Receivable, Gross	62,391,679		'		58,796,293
Difference [Member]	'		'		'
Note 7 - Transactions with Affiliates (Details) [Line Items]	'		'		'
Management Fee Expense	'		38,000		'
Management Fee [Member]	'		'		'
Note 7 - Transactions with Affiliates (Details) [Line Items]	'		'		'
Related Party Transaction, Rate	2.75%		'		'
Servicing Fee [Member]	'		'		'
Note 7 - Transactions with Affiliates (Details) [Line Items]	'		'		'
Related Party Transaction, Rate	0.25%		'		'
Management and Service Fees [Member]	'		'		'
Note 7 - Transactions with Affiliates (Details) [Line Items]	'		'		'
Due to Related Parties	158,000		'		294,000
Owens Financial Group, Inc. [Member]	'		'		'
Note 7 - Transactions with Affiliates (Details) [Line Items]	'		'		'
Related Party Transaction, Amounts of Transaction	157,000		158,000		'
OFG Officers [Member]	'		'		'
Note 7 - Transactions with Affiliates (Details) [Line Items]	'		'		'
Related Party Transaction, Amounts of Transaction	1,000		0		'
Investor's Yield, Inc. [Member]	'		'		'
Note 7 - Transactions with Affiliates (Details) [Line Items]	'		'		'
Related Party Transaction, Amounts of Transaction	30,000		3,000		'
OFG Loan [Member]	'		'		'
Note 7 - Transactions with Affiliates (Details) [Line Items]	'		'		'
Loans and Leases Receivable, Gross	9,049,000		'		'
Maximum [Member]	'		'		'
Note 7 - Transactions with Affiliates (Details) [Line Items]	'		'		'
Management Fee Expense	'		$478,000		'
[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, 2013, as required under the accounting guidelines for a transfer of an entity under common control (refer to Note 1).

Note_8_Line_of_Credit_Payable_1

Note 8 - Line of Credit Payable (Details) (USD $)	3 Months Ended						2 Months Ended		2 Months Ended	3 Months Ended
	Mar. 31, 2014		Mar. 31, 2013		Mar. 31, 2014	15-May-14	Mar. 31, 2014	Mar. 31, 2014	Mar. 31, 2014	Mar. 31, 2014	Feb. 10, 2014
					Subsequent Event [Member]	Subsequent Event [Member]	Default [Member]	CB&T [Member]	CB&T [Member]	CB&T [Member]	CB&T [Member]
					CB&T [Member]	CB&T [Member]	CB&T [Member]	Prime Rate [Member]	Revolving Credit Facility [Member]	Revolving Credit Facility [Member]	Revolving Credit Facility [Member]
					Revolving Credit Facility [Member]	Revolving Credit Facility [Member]	Revolving Credit Facility [Member]	Revolving Credit Facility [Member]
Note 8 - Line of Credit Payable (Details) [Line Items]	'		'		'	'	'	'	'	'	'
Line of Credit Facility, Maximum Borrowing Capacity	'		'		'	$16,000,000	'	'	$12,700,000	$12,700,000	$20,000,000
Debt Instrument, Basis Spread on Variable Rate	'		'		'	'	2.00%	'	25.00%	'	'
Debt Instrument, Interest Rate, Stated Percentage	'		'		'	'	'	3.50%	'	'	'
Loan Processing Fee	'		'		'	'	'	'	100,000	'	'
Payments of Financing Costs	'		'		62,000	'	'	'	'	115,000	'
Line of Credit Facility, Amount Outstanding	'		'		'	7,161,000	'	'	4,100,000	4,100,000	'
Line of Credit Facility, Remaining Borrowing Capacity	'		'		'	'	'	'	8,600,000	8,600,000	'
Interest Expense	127,385	[1]	127,482	[1]	'	'	'	'	'	2,000	'
Percent Of Note Collateral	'		'		'	'	'	'	75.00%	75.00%	'
Percent of Appraised Value, Property Securing Note Collateral	'		'		'	'	'	'	50.00%	50.00%	'
Percent Of Appraised Value, Property Owned Qualifying As REO Collateral	'		'		'	'	'	'	50.00%	50.00%	'
Line of Credit Facility, Covenant, Unencumbered Liquid Assets	'		'		'	'	'	'	$2,000,000	$2,000,000	'
[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, 2013, as required under the accounting guidelines for a transfer of an entity under common control (refer to Note 1).

Note_8_Line_of_Credit_Payable_2

Note 8 - Line of Credit Payable (Details) - Loans Securing Credit Facility (CB&T [Member], Revolving Credit Facility [Member], USD $)	Mar. 31, 2014
Financial Instruments Owned and Pledged as Collateral [Line Items]	'
Loans securing the credit facility	$18,071,188
Commercial Loan [Member]	'
Financial Instruments Owned and Pledged as Collateral [Line Items]	'
Loans securing the credit facility	9,625,000
Residential Mortgage [Member]	'
Financial Instruments Owned and Pledged as Collateral [Line Items]	'
Loans securing the credit facility	$8,446,188

Note_9_Notes_Payable_Details

Note 9 - Notes Payable (Details) (USD $)

3 Months Ended

12 Months Ended

3 Months Ended

3 Months Ended

Mar. 31, 2014

Mar. 31, 2013

Dec. 31, 2013

Mar. 31, 2014

Mar. 31, 2013

Mar. 31, 2014

Dec. 31, 2013

Feb. 28, 2010

Mar. 31, 2014

Mar. 31, 2014

Mar. 31, 2014

Dec. 31, 2013

Dec. 31, 2012

Notes Payable [Member]

Notes Payable [Member]

720 [Member]

720 [Member]

720 [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]

Semi-Annual Interest Only Payments Due December 2016 [Member]

Quarterly Interest Only Payments Due August 2017 [Member]

Note 9 - Notes Payable (Details) [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

'

Notes Payable

$13,872,676

'

$13,917,585

'

'

$9,873,000

$9,918,000

'

$3,300,000

$700,000

'

$4,000,000

'

Debt Instrument, Interest Rate, Stated Percentage

'

'

'

'

'

'

'

5.07%

5.00%

5.00%

'

'

'

Debt Instrument, Periodic Payment

56,816

'

'

'

'

'

'

'

'

'

'

'

'

Interest Expense

127,385

[1]

127,482

[1]

'

125,000

127,000

'

'

'

'

'

'

'

'

Number of Notes Payable

3

'

3

'

'

'

'

'

2

1

'

'

'

Number of Parcels

'

'

'

'

'

'

'

'

'

'

'

9

9

Interest Paid

132,734

[1]

127,669

[1]

'

'

'

'

'

'

'

'

7,000

'

'

Interest Payable

'

'

'

'

'

'

'

'

'

'

$64,000

$21,000

'

[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, 2013, as required under the accounting guidelines for a transfer of an entity under common control (refer to Note 1).

Note_9_Notes_Payable_Details_N

Note 9 - Notes Payable (Details) - Notes Payable - Maturities by Year (USD $)	Mar. 31, 2014	Dec. 31, 2013
Notes Payable - Maturities by Year [Abstract]	'	'
2015	$9,872,676	'
2017	3,300,000	'
2018	700,000	'
	$13,872,676	$13,917,585

Note_10_Stockholders_Equity_De

Note 10 - Stockholders' Equity (Details) (USD $)	0 Months Ended		1 Months Ended	3 Months Ended	12 Months Ended				0 Months Ended	1 Months Ended
	Aug. 09, 2013	20-May-13	20-May-13	Mar. 31, 2014	Dec. 31, 2013	Jan. 23, 2013	Aug. 09, 2012	Dec. 31, 2011	Feb. 12, 2013	20-May-13	Aug. 09, 2012
									William C Owens [Member]	William C Owens [Member]	William C Owens [Member]
Note 10 - Stockholders' Equity (Details) [Line Items]	'	'	'	'	'	'	'	'	'	'	'
Common Stock, Shares Authorized	'	'	'	50,000,000	50,000,000	50,000,000	1,000,000	'	'	'	'
Common Stock, Par or Stated Value Per Share (in Dollars per share)	'	'	'	$0.01	$0.01	$0.01	$0.01	'	'	'	$0.01
Preferred Stock, Shares Authorized	'	'	'	5,000,000	5,000,000	5,000,000	'	'	'	'	'
Preferred Stock, Par or Stated Value Per Share (in Dollars per share)	'	'	'	$0.01	$0.01	$0.01	'	'	'	'	'
Common Stock, Shares, Issued	'	'	'	11,198,119	11,198,119	'	'	11,198,119	'	'	1,000
Share Price (in Dollars per share)	'	'	'	'	'	'	'	'	'	'	$1
Common Stock, Value, Issued (in Dollars)	'	'	'	$111,981	$111,981	'	'	'	'	'	$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	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	'	'	'	430,118	403,910	'	'	'	'	'	'
Stock Repurchased During Period, Value (in Dollars)	'	'	'	$5,349,000	$5,024,000	'	'	'	'	'	'
Treasury Stock Acquired, Average Cost Per Share (in Dollars per share)	'	'	'	$12.44	$12.44	'	'	'	'	'	'

Note_11_Restricted_Cash_Detail

Note 11 - Restricted Cash (Details) (USD $)	Mar. 31, 2014	Dec. 31, 2013
Note 11 - Restricted Cash (Details) [Line Items]	'	'
Restricted Cash and Cash Equivalents	$3,986,573	$4,095,435
Escrow Deposit	93,000	200,000
Contingency Reserves [Member]	'	'
Note 11 - Restricted Cash (Details) [Line Items]	'	'
Restricted Cash and Cash Equivalents	3,894,000	3,895,000
Contingency Reserves [Member] | Minimum [Member]	'	'
Note 11 - Restricted Cash (Details) [Line Items]	'	'
Restricted Cash and Cash Equivalents	$2,000,000	'

Note_12_Fair_Value_Details

Note 12 - Fair Value (Details) (USD $)	3 Months Ended
	Mar. 31, 2014		Mar. 31, 2013		Feb. 28, 2013
Note 12 - Fair Value (Details) [Line Items]	'		'		'
Provision for Loan Losses Expensed	$127,172	[1]	($257,213)	[1]	'
Impairment of Real Estate	7,540	[1]	0		'
Number of Real Estate Properties	1		'		2
Fair Value, Assets, Level 1 to Level 2 Transfers, Amount	0		0		'
Fair Value, Assets, Level 2 to Level 1 Transfers, Amount	0		0		'
Excluding Loan Loss Reversal Foreclosed Loan [Member]	'		'		'
Note 12 - Fair Value (Details) [Line Items]	'		'		'
Provision for Loan Losses Expensed	$73,000		($188,000)		'
[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, 2013, as required under the accounting guidelines for a transfer of an entity under common control (refer to Note 1).

Note_12_Fair_Value_Details_Ass

Note 12 - Fair Value (Details) - Assets and Liabilities Measured at Fair Value on a Nonrecurring Basis (USD $)	Mar. 31, 2014	Dec. 31, 2013
Impaired loans:	'	'
Loans secured by trust deeds	$57,525,419	$54,057,205
Commercial [Member] | Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 3 [Member]	'	'
Impaired loans:	'	'
Loans secured by trust deeds	1,169,653	541,956
Commercial [Member] | Fair Value, Measurements, Nonrecurring [Member]	'	'
Impaired loans:	'	'
Loans secured by trust deeds	1,169,653	541,956
Residential [Member] | Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 3 [Member]	'	'
Impaired loans:	'	'
Loans secured by trust deeds	4,896,000	4,896,000
Residential [Member] | Fair Value, Measurements, Nonrecurring [Member]	'	'
Impaired loans:	'	'
Loans secured by trust deeds	4,896,000	4,896,000
Commercial [Member] | Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 3 [Member]	'	'
Real estate properties:	'	'
Real estate properties	408,000	408,000
Commercial [Member] | Fair Value, Measurements, Nonrecurring [Member]	'	'
Real estate properties:	'	'
Real estate properties	408,000	408,000
Improved and unimproved land [Member] | Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 3 [Member]	'	'
Real estate properties:	'	'
Real estate properties	2,770,560	433,920
Improved and unimproved land [Member] | Fair Value, Measurements, Nonrecurring [Member]	'	'
Real estate properties:	'	'
Real estate properties	2,770,560	433,920
Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 3 [Member]	'	'
Impaired loans:	'	'
Loans secured by trust deeds	6,065,653	5,437,956
Real estate properties:	'	'
Real estate properties	3,178,560	841,920
Fair Value, Measurements, Nonrecurring [Member]	'	'
Impaired loans:	'	'
Loans secured by trust deeds	6,065,653	5,437,956
Real estate properties:	'	'
Real estate properties	$3,178,560	$841,920

Note_12_Fair_Value_Details_Lev

Note 12 - Fair Value (Details) - Level 3 Fair Value Measurements for Financial Instruments (USD $)	3 Months Ended	12 Months Ended
	Mar. 31, 2014	Dec. 31, 2013
Impaired Loans:	'	'
Impaired Loans, Fair Value (in Dollars)	57,525,419	54,057,205
Real Estate Properties:	'	'
Real Estate, Fair Value (in Dollars)	5,910,138	5,890,131
Commercial [Member] | Estimate of Future Improvements [Member]	'	'
Impaired Loans:	'	'
Impaired Loans, Fair Value (in Dollars)	1,169,653	541,956
Commercial [Member] | Estimate of Future Improvements [Member] | Input Rate [Member]	'	'
Impaired Loans:	'	'
Impaired Loans, Input Range [Weighted Average]	13.60%	13.60%
Real Estate Properties:	'	'
Real Estate, Input Range [Weighted Average]	15.80%	15.80%
Commercial [Member] | Capitalization Rate [Member] | Minimum [Member]	'	'
Impaired Loans:	'	'
Impaired Loans, Input Range [Weighted Average]	5.00%	'
Commercial [Member] | Capitalization Rate [Member] | Input Rate [Member]	'	'
Impaired Loans:	'	'
Impaired Loans, Input Range [Weighted Average]	'	6.50%
Real Estate Properties:	'	'
Real Estate, Input Range [Weighted Average]	8.20%	8.20%
Commercial [Member] | Capitalization Rate [Member] | Weighted Average [Member]	'	'
Impaired Loans:	'	'
Impaired Loans, Input Range [Weighted Average]	5.70%	'
Commercial [Member] | Comparable Sales Adjustment Range [Member]	'	'
Real Estate Properties:	'	'
Real Estate, Fair Value (in Dollars)	408,000	408,000
Commercial [Member] | Comparable Sales Adjustment Range [Member] | Minimum [Member]	'	'
Impaired Loans:	'	'
Impaired Loans, Input Range [Weighted Average]	59.00%	59.00%
Real Estate Properties:	'	'
Real Estate, Input Range [Weighted Average]	186.20%	186.20%
Commercial [Member] | Comparable Sales Adjustment Range [Member] | Weighted Average [Member]	'	'
Impaired Loans:	'	'
Impaired Loans, Input Range [Weighted Average]	-10.60%	'
Residential [Member] | Capitalization Rate [Member]	'	'
Impaired Loans:	'	'
Impaired Loans, Fair Value (in Dollars)	4,896,000	4,896,000
Residential [Member] | Capitalization Rate [Member] | Input Rate [Member]	'	'
Impaired Loans:	'	'
Impaired Loans, Input Range [Weighted Average]	5.50%	5.50%
Residential [Member] | Comparable Sales Adjustment Range [Member] | Minimum [Member]	'	'
Impaired Loans:	'	'
Impaired Loans, Input Range [Weighted Average]	19.10%	19.10%
Land [Member] | Estimate of Future Improvements [Member] | Input Rate [Member]	'	'
Real Estate Properties:	'	'
Real Estate, Input Range [Weighted Average]	54.10%	54.10%
Land [Member] | Comparable Sales Adjustment Range [Member]	'	'
Real Estate Properties:	'	'
Real Estate, Fair Value (in Dollars)	2,770,560	433,920
Land [Member] | Comparable Sales Adjustment Range [Member] | Minimum [Member]	'	'
Real Estate Properties:	'	'
Real Estate, Input Range [Weighted Average]	33.30%	33.30%
Land [Member] | Comparable Sales Adjustment Range [Member] | Maximum [Member]	'	'
Real Estate Properties:	'	'
Real Estate, Input Range [Weighted Average]	'	35.50%
Land [Member] | Comparable Sales Adjustment Range [Member] | Weighted Average [Member]	'	'
Real Estate Properties:	'	'
Real Estate, Input Range [Weighted Average]	29.70%	7.50%
Land [Member] | Discount Rate [Member] | Input Rate [Member]	'	'
Real Estate Properties:	'	'
Real Estate, Input Range [Weighted Average]	8.00%	'

Note_12_Fair_Value_Details_Car

Note 12 - Fair Value (Details) - Carrying Amounts and Estimated Fair Values of Financial Instruments (USD $)	Mar. 31, 2014		Dec. 31, 2013		Mar. 31, 2013		Dec. 31, 2012
Financial assets	'		'		'		'
Cash and cash equivalents	$1,422,955	[1]	$8,158,734	[1]	$20,107,220	[1]	$21,131,505	[1]
Cash and cash equivalents	1,423,000		8,159,000		'		'
Restricted Cash	3,986,573		4,095,435		'		'
Loans, net	57,525,419		54,057,205		'		'
Loans, net	58,156,000		54,602,000		'		'
Investment in limited liability company	2,184,278		2,142,582		'		'
Investment in limited liability company	2,352,000		2,352,000		'		'
Interest and other receivables	1,661,189		1,673,978		'		'
Interest and other receivables	1,661,000		1,674,000		'		'
Financial liabilities	'		'		'		'
Due to general partner	157,596		293,776		'		'
Accrued interest payable	109,000		64,000		'		'
Line of credit payable	4,100,000		'		'		'
Notes payable	13,872,676		13,917,585		'		'
Notes payable	13,848,000		13,960,000		'		'
Fair Value, Inputs, Level 1 [Member]	'		'		'		'
Financial assets	'		'		'		'
Cash and cash equivalents	1,423,000		8,159,000		'		'
Restricted Cash	3,987,000		4,095,000		'		'
Fair Value, Inputs, Level 2 [Member]	'		'		'		'
Financial assets	'		'		'		'
Interest and other receivables	156,000		238,000		'		'
Financial liabilities	'		'		'		'
Due to general partner	158,000		294,000		'		'
Accrued interest payable	109,000		64,000		'		'
Fair Value, Inputs, Level 3 [Member]	'		'		'		'
Financial assets	'		'		'		'
Loans, net	58,156,000		54,602,000		'		'
Investment in limited liability company	2,352,000		2,352,000		'		'
Interest and other receivables	1,505,000		1,436,000		'		'
Financial liabilities	'		'		'		'
Line of credit payable	4,100,000		'		'		'
Notes payable	13,848,000		13,960,000		'		'
Reported Value Measurement [Member]	'		'		'		'
Financial assets	'		'		'		'
Cash and cash equivalents	1,423,000		8,159,000		'		'
Restricted Cash	3,987,000		4,095,000		'		'
Loans, net	57,525,000		54,057,000		'		'
Investment in limited liability company	2,184,000		2,143,000		'		'
Interest and other receivables	1,661,000		1,674,000		'		'
Financial liabilities	'		'		'		'
Due to general partner	158,000		294,000		'		'
Accrued interest payable	109,000		64,000		'		'
Line of credit payable	4,100,000		'		'		'
Notes payable	$13,873,000		$13,918,000		'		'
[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, 2013, as required under the accounting guidelines for a transfer of an entity under common control (refer to Note 1).

Note_13_Commitments_and_Contin1

Note 13 - Commitments and Contingencies (Details) (USD $)	12 Months Ended
	Dec. 31, 2012	Mar. 31, 2014	Dec. 31, 2013
Note 13 - 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	'	62,000	63,000
Low Level of Arsenic in Non-Drinking Well Water [Member]	'	'	'
Note 13 - Commitments and Contingencies (Details) [Line Items]	'	'	'
Accrual for Environmental Loss Contingencies	'	69,000	65,000
Tahoe Stateline Venture, LLC [Member]	'	'	'
Note 13 - Commitments and Contingencies (Details) [Line Items]	'	'	'
Contractual Obligation	'	19,240,000	'
Contractual Obligation, Incurred	'	11,716,000	'
TOTB [Member]	'	'	'
Note 13 - Commitments and Contingencies (Details) [Line Items]	'	'	'
Contractual Obligation	'	193,000	'
Contractual Obligation, Incurred	'	$118,000	'

Note_14_Subsequent_Events_Deta

Note 14 - Subsequent Events (Details) (USD $)	1 Months Ended		3 Months Ended	1 Months Ended
	Apr. 22, 2014	Apr. 22, 2014	Mar. 31, 2014	Apr. 22, 2014	Apr. 22, 2014	Apr. 30, 2014	Mar. 31, 2014
	Subsequent Event [Member]	Subsequent Event [Member]	Subsequent Event [Member]	Subsequent Event [Member]	Subsequent Event [Member]	Subsequent Event [Member]	Opus Credit Facility [Member]
	Default [Member]	Potential Increase [Member]	Bethel Island, CA, Marina, Campground, and Land [Member]	Opus Credit Facility [Member]	Opus Credit Facility [Member]	Opus Credit Facility [Member]	London Interbank Offered Rate (LIBOR) [Member]
	Opus Credit Facility [Member]	Opus Credit Facility [Member]	Sandmound Marina, LLC [Member]	London Interbank Offered Rate (LIBOR) [Member]	Revolving Credit Facility [Member]	Revolving Credit Facility [Member]	Revolving Credit Facility [Member]
	Revolving Credit Facility [Member]	Revolving Credit Facility [Member]		Revolving Credit Facility [Member]
Note 14 - Subsequent Events (Details) [Line Items]	'	'	'	'	'	'	'
Line of Credit Facility, Maximum Borrowing Capacity	'	'	'	'	$20,000,000	'	'
Line of Credit Facility, Amount Outstanding	'	'	'	'	0	'	'
Debt Instrument, Interest Rate, Stated Percentage	'	'	'	'	4.50%	'	0.33%
Debt Instrument, Basis Spread on Variable Rate	5.00%	'	'	4.00%	'	'	'
Percent Of Note Collateral	'	'	'	'	70.00%	'	'
Percent of Appraised Value, Property Securing Note Collateral	'	'	'	'	50.00%	'	'
Percent Of Appraised Value, Property Owned Qualifying As REO Collateral	'	'	'	'	60.00%	'	'
Credit Agreement, Covenants, Minimum Account Balance	'	5,000,000	'	'	2,500,000	'	'
Loan Processing Fee	'	'	'	'	100,000	'	'
Payments of Financing Costs	'	'	$80,000	'	'	$82,000	'