Owens Realty Mortgage (ORM) 10-K 14 Mar 16 2015 FY Annual report Financial data

Document And Entity Information

Document And Entity Information - USD ($)	12 Months Ended
	Dec. 31, 2015	Mar. 09, 2016	Jun. 30, 2015
Document and Entity Information [Abstract]
Entity Registrant Name	Owens Realty Mortgage, Inc.
Trading Symbol	orm
Document Type	10-K
Current Fiscal Year End Date	--12-31
Entity Common Stock, Shares Outstanding		10,247,000
Entity Public Float			$ 161,735,000
Amendment Flag	false
Entity Central Index Key	1,556,364
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Filer Category	Accelerated Filer
Entity Well-known Seasoned Issuer	No
Document Period End Date	Dec. 31, 2015
Document Fiscal Year Focus	2,015
Document Fiscal Period Focus	FY

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Assets
Cash and cash equivalents	$ 1,255,842	$ 1,413,545
Restricted cash	7,225,371	6,248,746
Loans, net of allowance for loan losses of $1,842,446 in 2015 and $2,869,355 in 2014	104,901,361	65,164,156
Interest and other receivables	1,764,918	1,482,380
Other assets, net of accumulated depreciation and amortization of $275,277 in 2015 and $1,065,172 in 2014	741,001	1,138,123
Deferred financing costs, net of accumulated amortization of $828,433 in 2015 and $253,675 in 2014	784,502	1,317,585
Investment in limited liability company	2,141,032	2,142,581
Real estate held for sale	100,191,166	59,494,339
Real estate held for investment, net of accumulated depreciation of $2,915,596 in 2015 and $6,075,287 in 2014	53,647,246	103,522,466
Total assets	272,652,439	241,923,921
Liabilities:
Dividends payable	2,133,455	1,292,160
Due to Manager	408,643	283,644
Accounts payable and accrued liabilities	3,359,294	2,219,674
Deferred gains	209,662	362,283
Lines of credit payable	20,915,500	11,450,000
Notes and loans payable on real estate	46,117,038	37,569,549
Total liabilities	$ 73,143,592	$ 53,177,310
Commitments and Contingencies (Note 15)
Stockholders’ equity:
Preferred stock, $.01 par value per share, 5,000,000 shares authorized, no shares issued and outstanding at December 31, 2015 and 2014
Common stock, $.01 par value per share, 50,000,000 shares authorized, 11,198,119 shares issued, 10,247,477 and 10,768,001 shares outstanding at December 31, 2015 and 2014, respectively	$ 111,981	$ 111,981
Additional paid-in capital	182,437,522	182,437,522
Treasury stock, at cost – 950,642 and 430,118 shares at December 31, 2015 and 2014, respectively	(12,852,058)	(5,349,156)
Retained earnings	25,282,553	7,371,511
Total stockholders’ equity	194,979,998	184,571,858
Noncontrolling interests	4,528,849	4,174,753
Total equity	199,508,847	188,746,611
Total liabilities and equity	$ 272,652,439	$ 241,923,921

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parentheticals) - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Loans, allowance for losses (in Dollars)	$ 1,842,446	$ 2,869,355
Other assets, accumulated depreciation and amortization (in Dollars)	275,277	1,065,172
Deferred financing costs, accumulated amortization (in Dollars)	828,433	253,675
Real estate held for investment, accumulated depreciation (in Dollars)	$ 2,915,596	$ 6,075,287
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	10,247,477	10,768,001
Treasury stock, shares	950,642	430,118

Consolidated Statements of Inco

Consolidated Statements of Income - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Revenues:
Interest income on loans	$ 8,277,004	$ 5,382,019	$ 3,020,884
Rental and other income from real estate properties	12,791,096	12,268,214	11,223,260
Income from investment in limited liability company	175,451	169,999	160,805
Other income		19	4,406
Total revenues	21,243,551	17,820,251	14,409,355
Expenses:
Management fees to Manager	2,051,134	1,726,945	1,664,076
Servicing fees to Manager	186,467	156,995	151,643
General and administrative expense	1,278,994	1,661,210	1,657,467
Rental and other expenses on real estate properties	8,510,110	8,158,038	8,150,944
Depreciation and amortization	2,052,181	2,255,577	2,485,587
Interest expense	1,938,113	1,161,822	513,750
Bad debt expense from uncollectible rent	152,805	3,396	19,374
Recovery of loan losses	(1,026,909)	(1,869,733)	(7,822,112)
Impairment losses on real estate properties	1,589,434	179,040	666,240
Total expenses	16,732,329	13,433,290	7,486,969
Operating income	4,511,222	4,386,961	6,922,386
Gain on sales of real estate, net	21,818,553	3,243,359	2,942,861
Gain on foreclosure of loans		464,754	952,357
Net income before income tax expense	26,329,775	8,095,074	10,817,604
Income tax expense	93,335
Net income	26,236,440	8,095,074	10,817,604
Less: Net income attributable to noncontrolling interests	(2,667,324)	(165,445)	(2,084,707)
Net income attributable to common stockholders	$ 23,569,116	$ 7,929,629	$ 8,732,897
Per common share data:
Basic and diluted earnings per common share (in Dollars per share)	$ 2.22	$ 0.74	$ 0.78
Basic and diluted weighted average number of common shares outstanding (in Shares)	10,594,807	10,768,370	11,127,820
Dividends declared per share of common stock (in Dollars per share)	$ 0.41	$ 0.27	$ 0.25

Consolidated Statements of Stoc

Consolidated Statements of Stockholders' Equity - 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	$ 111,981	$ 182,985,281		$ (3,637,331)	$ 179,459,931	$ 8,049,300	$ 187,509,231
Balances (in Shares) at Dec. 31, 2012	11,198,119
Net income				8,732,897	8,732,897	2,084,707	10,817,604
Offering costs incurred		(527,785)			(527,785)		(527,785)
Distribution to stockholders for fractional shares upon conversion		(19,974)			(19,974)		(19,974)
Dividends declared				(2,746,991)	(2,746,991)		(2,746,991)
Purchase of treasury stock			$ (5,023,668)		(5,023,668)		(5,023,668)
Purchase of treasury stock (in Shares)			(403,910)
Contribution from non-controlling interest						362,593	362,593
Distributions to non-controlling interests						(4,144,704)	(4,144,704)
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 income				7,929,629	7,929,629	165,445	8,095,074
Dividends declared				(2,906,693)	(2,906,693)		(2,906,693)
Purchase of treasury stock			$ (325,488)		(325,488)		(325,488)
Purchase of treasury stock (in Shares)			(26,208)
Contribution from non-controlling interest						112,533	112,533
Distributions to non-controlling interests						(2,455,121)	(2,455,121)
Balances at Dec. 31, 2014	$ 111,981	182,437,522	$ (5,349,156)	7,371,511	184,571,858	4,174,753	188,746,611
Balances (in Shares) at Dec. 31, 2014	11,198,119		(430,118)
Net income				23,569,116	23,569,116	2,667,324	26,236,440
Dividends declared				(4,344,417)	(4,344,417)		(4,344,417)
Tax payment made on behalf of stockholders (Note 9)				(1,313,657,000,000)	(1,313,657,000,000)		(1,313,657,000,000)
Purchase of treasury stock			$ (7,502,902)		(7,502,902)		(7,502,902)
Purchase of treasury stock (in Shares)			(520,524)
Contribution from non-controlling interest						279,184	279,184
Distributions to non-controlling interests						(2,592,412)	(2,592,412)
Balances at Dec. 31, 2015	$ 111,981	$ 182,437,522	$ (12,852,058)	$ 25,282,553	$ 194,979,998	$ 4,528,849	$ 199,508,847
Balances (in Shares) at Dec. 31, 2015	11,198,119		(950,642)

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Cash flows from operating activities:
Net income	$ 26,236,440	$ 8,095,074	$ 10,817,604
Adjustments to reconcile net loss to net cash used in operating activities:
Gain on sales of real estate, net	(21,818,553)	(3,243,359)	(2,942,861)
Gain on foreclosures of loans		(464,754)	(952,357)
Income from investment in limited liability company	(175,451)	(169,999)	(160,805)
Reversal of provision for loan losses	(1,026,909)	(1,869,733)	(7,822,112)
Impairment losses on real estate properties	1,589,434	179,040	666,240
Depreciation and amortization	2,052,181	2,255,577	2,485,587
Amortization of deferred financing costs	367,471	132,723
Accretion of discount on loans	(536,816)	(122,004)
Changes in operating assets and liabilities:
Interest and other receivables	(282,538)	(944,608)	407,894
Other assets	(122,622)	(118,577)	(42,934)
Accounts payable and accrued liabilities	(526,952)	(752,081)	(3,059,355)
Due to Manager	124,999	(10,132)	(4,573)
Net cash provided by (used in) operating activities	5,880,684	2,967,167	(607,672)
Cash flows from investing activities:
Principal collected on loans	35,216,165	27,718,917	15,641,192
Investments in loans and other advances to borrowers	(68,739,645)	(44,805,577)	(19,718,852)
Investment in real estate properties	(23,607,553)	(21,605,288)	(7,919,883)
Net proceeds from disposition of real estate properties	48,602,328	1,822,020	11,052,494
Purchases of vehicles and equipment	(48,402)	(22,212)	(31,527)
Distribution received from investment in limited liability company	177,000	170,000	160,000
Transfer (to) from restricted cash, net	(976,625)	(2,153,311)	2,168,675
Net cash (used in) provided by investing activities	(9,376,732)	(38,875,451)	1,352,099
Cash flows from financing activities
Advances on notes payable	28,603,251	23,331,207
Repayments on notes payable	(20,055,762)	(800,954)	(467,317)
Advances on lines of credit	69,247,500	59,879,345
Repayments of lines of credit	(59,782,000)	(48,429,345)
Payment of deferred financing costs	(41,735)	(354,549)	(95,000)
Distributions to noncontrolling interests	(2,592,412)	(2,455,121)	(4,144,704)
Contribution from noncontrolling interest	279,184	112,533	362,593
Offering costs incurred and paid			(527,785)
Distributions to stockholders for fractional shares			(19,974)
Purchase of treasury stock	(7,502,902)	(325,488)	(5,023,668)
Dividends paid	(4,816,779)	(1,794,533)	(3,801,343)
Net cash provided by (used in) financing activities	3,338,345	29,163,095	(13,717,198)
Net decrease in cash and cash equivalents	(157,703)	(6,745,189)	(12,972,771)
Cash and cash equivalents at beginning of year	1,413,545	8,158,734	21,131,505
Cash and cash equivalents at end of year	1,255,842	1,413,545	8,158,734
Supplemental Disclosures of Cash Flow Information
Cash paid during the year for interest (excluding amounts capitalized)	1,570,887	915,117	514,480
Cash paid during the year for interest that was capitalized	393,591	213,934	163,625
Cash paid during the year for income taxes	93,335
Supplemental Disclosure of Non-Cash Activity
Increase in real estate from loan foreclosures		9,107,652	18,650,121
Decrease in loans, net of allowance for loan losses, from loan foreclosures		(7,671,446)	(15,609,812)
Decrease in interest and other receivables from adding balances to loans			(22,880)
Decrease in interest and other receivables from loan foreclosures		(1,436,206)	(1,380,309)
Increase in loans from sales of real estate	4,650,000		11,900,000
Increase in deferred gains from sales of real estate			(2,344,052)
Deferred financing costs paid from notes payable proceeds		1,121,711
Amortization of deferred financing costs capitalized to construction project	(207,347)	(120,952)
Capital expenditures financed through accounts payable	$ (1,666,572)	$ (261,010)	(1,097,450)
Accounts Payable and Accrued Liabilities [Member]
Supplemental Disclosure of Non-Cash Activity
Increase in notes payable from loan foreclosure			(660,000)
Notes Payable, Other Payables [Member]
Supplemental Disclosure of Non-Cash Activity
Increase in notes payable from loan foreclosure			$ (1,000,000)

Note 1 - Organization

Note 1 - Organization	12 Months Ended
	Dec. 31, 2015
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. The Company is authorized to issue 50,000,000 shares of its $0.01 par value common stock (the “Common Stock”). In addition, the Company is 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. The Company now, by virtue of the Merger, directly or indirectly owns all of the assets and business formerly owned by OMIF and is a deemed successor issuer to OMIF pursuant to Rule 12g-3(a) under the Securities Exchange Act of 1934, as amended. For accounting purposes, the merger of OMIF with and into the Company has been treated as a transfer of assets and exchange of shares between entities under common control. The accounting basis used to initially record the assets and liabilities in the Company is the carryover basis of OMIF. The consolidated financial statements reflect the extinguishment of OMIF’s partners’ capital and replacement with 11,198,119 shares of Common Stock and additional paid –in capital as if the Merger occurred on January 1, 2013. The Company has elected 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, 2012. As a REIT, the Company is permitted to deduct distributions made to its stockholders, allowing its operating income represented by such distributions to avoid taxation at the entity level and to be taxed generally only at the stockholder level. The Company currently intends to distribute all of its REIT taxable income, excluding net capital gains. As a REIT, however, the Company is 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 are subject to full corporate income tax. Furthermore, the Company’s ability to continue to qualify as a REIT will depend upon its continuing satisfaction of various requirements, such as those related to the diversity of its stock ownership, the nature of its assets, the sources of its income and the distributions to its stockholders, including a requirement that the Company distribute to its stockholders at least 90% of its REIT taxable income on an annual basis (determined without regard to the dividends paid deduction and by excluding net capital gain).

Note 2 - Summary of Significant

Note 2 - Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2015
Accounting Policies [Abstract]
Significant Accounting Policies [Text Block]	NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Basis of Presentation The consolidated financial statements include the accounts of the Company and its majority and wholly owned limited liability companies. All significant inter-company transactions and balances have been eliminated in consolidation. The Company also has a 50% ownership interest in a limited liability company accounted for under the equity method (see Note 4). The Company is in the business of providing mortgage lending services and manages its business as one operating segment. Due to foreclosure activity, the Company also owns and manages real estate assets. Certain reclassifications have been made to the 2013 and 2014 consolidated financial statements to conform to the 2015 presentation. None of the reclassifications had an impact on net income or equity. 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 are inherently imprecise and actual results could differ significantly from such estimates. Recently Issued Accounting Standards In April 2015, the FASB issued Accounting Standards Update 2015-03, “Interest - Imputation of Interest (Subtopic 835-30) – Simplifying the Presentation of Debt Issuance Costs,” or ASU 2015-03. ASU 2015-03 simplifies the presentation of debt issuance costs by requiring that debt issuance costs related to a recognized debt liability be presented in the balance sheet as a direct reduction from the carrying amount of that debt liability, consistent with debt discounts. The recognition and measurement guidance for debt issuance costs are not affected by this ASU. The amendments in this ASU are effective for financial statements issued for fiscal years beginning after December 15, 2015, and interim periods within those fiscal years. The adoption of this ASU by the Company will change the presentation of debt issuance costs on its notes and loans payable, which will be reported as a direct offset to the applicable debt on the balance sheet. Pursuant to Accounting Standards Update 2015-15 that was issued by the FASB in August 2015, this treatment will not be required for the Company’s line of credit arrangements. In May 2014, the FASB issued ASU 2014-09, “Revenue from Contracts with Customers (Topic 606),” or ASU 2014-09. ASU 2014-09 broadly amends the accounting guidance for revenue recognition. ASU 2014-09 is effective for the first interim or annual period beginning after December 15, 2016 (deferred by one year to December 15, 2017 with ASU 2015-14 issued in August 2015) , and is to be applied prospectively. Early adoption is not permitted. The Company is currently evaluating the impact that ASU 2014-09 will have on its financial statements. In April 2014, the FASB issued Accounting Standards Update 2014-08, “ Presentation of Financial Statements (Topic 205) and Property, Plant, and Equipment (Topic 360): Reporting Discontinued Operations and Disclosures of Disposals of Components of an Entity”. ASU 2014-08 updated guidance that changes the criteria for determining which disposals can be presented as discontinued operations and modifies related disclosure requirements. Under the new guidance, a discontinued operation is defined as a disposal of a component or group of components that is disposed of or is classified as held for sale and represents a strategic shift that has (or will have) a major effect on an entity's operations and financial results. As a result of this new guidance, future dispositions of real estate owned assets may no longer meet the criteria to be considered as discontinued operations. The guidance was effective as of the first quarter of 2015 and did not have a material effect on the Company’s consolidated financial statements. Cash and Cash Equivalents Cash and cash equivalents include funds on deposit with financial institutions. Restricted Cash Restricted cash includes contingency reserves required pursuant to the Company’s charter, non-interest bearing deposits required pursuant to the Company’s two lines of credit (see Note 7), the deposit required pursuant to the Company’s construction loan payable (see Note 8) and escrow deposits for property taxes and insurance to be paid on certain of the Company’s real estate properties (see Note 10). 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 generally stated at the principal amount outstanding. Advances under the terms of a loan to pay property taxes, insurance, legal and other costs are generally capitalized and reported as interest and other receivables. 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 using 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 is included in the recorded investment in the impaired loan that is measured as described below. 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 12). 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 the loan type, a loan is considered impaired when, based on current information and events, management believes it is probable that the Company will be unable to collect all amounts due, including principal and interest, according to the contractual terms of the original agreement or when the monthly payments are delinquent for more than 90 days on a loan. All loans determined to be impaired are individually evaluated for impairment. When a loan is 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 incurred losses inherent in the portfolio taken as a whole. The Company maintains a separate allowance for each portfolio segment (loan type). These portfolio segments include commercial real estate, residential real estate and land loans. The allowance for loan losses attributable to each portfolio segment, which includes both impaired loans that are individually evaluated for impairment and loans that are not considered impaired and are collectively evaluated for impairment, is combined to determine the Company’s overall allowance, which is included on the consolidated balance sheet. The reserve for loans that are not 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. Land Loans Commercial and Residential Real Estate Loans Management monitors the credit quality of the Company’s loan portfolio on an ongoing basis using certain credit quality indicators including a loan’s delinquency status and internal asset classification. A loan is considered classified when it meets the definition of impaired as described above. Other Assets Other assets primarily include deferred rent, capitalized lease commissions, prepaid expenses, deposits and inventory. Amortization of lease commissions is provided on the straight-line method over the lives of the related leases. Deferred Financing Costs Issuance and other costs related to the Company’s lines of credit and certain notes payable are capitalized and amortized to interest expense under either the straight-line or effective interest methods over the terms of the respective debt instruments. Deferred financing costs related to the construction loan in TOTB North, LLC are being amortized to the construction project under the straight-line method over the term of construction/renovation. 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. 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. Gains on the sale of real estate are recorded using the full accrual method whereby the amount by which the net sale proceeds exceeds the property’s carrying amount is recorded as gain in full on the date of sale if the following criteria are met: ● The gain is determinable, that is, the collectability of the sales price is reasonably assured or the amount that will not be collectible can be estimated. ● The earnings process is virtually complete, that is, the Company is not obliged to perform significant activities after the sale in order to earn the gain. Sales of real estate properties that do not meet the criteria for the full accrual method are accounted for as follows: ● Deposit method – If it is determined a sale has not consummated, the Company does not derecognize its recorded investment in the property and the transaction is accounted for under the deposit method whereby any initial investment from the buyer is accounted for as a deposit liability. ● Cost recovery method – If recovery of the cost of the property is not reasonably assured if the buyer defaults or if cost has already been recovered and collection of additional amounts is uncertain, the cost recovery method is used whereby no gain is recognized until cash payments from the buyer exceed the Company's recorded investment in the property sold. ● Installment method – If the buyer's initial investment is inadequate, as measured by its composition and its size compared with the sales value of the property, and if recovery of the carrying amount of the property is reasonably assured if the buyer defaults, the transaction is accounted for under the installment method whereby each cash receipt and principal payment by the buyer on debt assumed is allocated between cost recovered and gain. This allocation is in the same ratio as total cost and total gain bear to the sales value. ● Reduced profit method – If the buyer’s initial investment is adequate but the buyer’s continuing investment is inadequate, as measured by the annual payments required by the buyer compared to a 20-year fully-amortizing payment if the sold property is land and the a fully-amortizing payment at a customary amortization term of a first mortgage loan by an independent established lending institution if the sold property is other real estate, the gain is recognized using the reduced profit method whereby gain is determined by discounting the receivable from the buyer to the present value of the lowest level of annual payments required by the sales contract over a maximum period (20 years for land and customary underwriting terms for other real estate) and excluding requirements to pay lump sums. The present value is calculated using an appropriate interest rate, but not less than the rate stated in the sales contract. In order for the reduced profit method to be used, payments by the buyer each year must at least cover a) the interest and principal amortization on the maximum first mortgage loan that could be obtained on the property, and b) interest, at an appropriate rate, on the excess of the aggregate actual debt on the property over such a maximum first mortgage loan. If such criteria are not met, the Company may recognize gain on the sale using the installment method or cost recovery method. 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 the Company’s REIT status at risk or becoming 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 through an impairment loss charged to earnings. Subsequent increases in the fair value of such properties are not recorded unless they are realized. 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 shorter of their estimated useful lives or the lease terms. 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. Such real estate properties are recorded at the time of reclassification at their carrying amounts prior to reclassification or fair value, whichever is lower. This establishes the initial basis at which the properties are accounted for as held for sale, as described above. 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 15) was recorded based on a third party consultant’s estimate of the costs required to remediate and monitor the contamination. Earnings per Common Share The Company calculates basic earnings per common share by dividing net income attributable to common stockholders for the period by the weighted-average shares of Common Stock outstanding for that period. Diluted earnings per common share takes into effect any dilutive instruments, unless if when doing so such effect would be anti-dilutive. At the present time, the Company has not issued any restricted stock or restricted stock units and has no other dilutive instruments. Income Taxes Income tax expense is the total of the current year income tax due or refundable and the change in deferred tax assets and liabilities, if any. Deferred tax assets and liabilities are the expected future tax amounts for the temporary differences between carrying amounts and tax bases of assets and liabilities, computed using enacted tax rates. A valuation allowance, if needed, reduces deferred tax assets to the amount that is “more likely than not” to be realized. The Company has elected to be taxed as a REIT. As a result of the Company’s 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, determined without regard to net capital gains, to the Company’s stockholders. If the Company has previously qualified as a REIT and fails to qualify as a REIT in any subsequent taxable year and does not qualify for certain statutory relief provisions, the Company will be subject to U.S. federal income taxes at regular corporate rates (including any applicable alternative minimum tax) and may be precluded from qualifying as a REIT for the Company’s four subsequent taxable years. Even if the Company qualifies for taxation as a REIT, the Company may be subject to certain U.S. federal, state, local and foreign taxes on the Company’s income and property and to U.S. federal income and excise taxes on the Company’s undistributed REIT taxable income. The Company has elected or may elect to treat certain of its existing or newly created corporate subsidiaries as taxable REIT subsidiaries (each a “ TRS” ). In general, a TRS of a REIT may hold assets that the REIT cannot hold directly and, subject to certain exceptions related to hotels and healthcare properties, may engage in any real estate or non-real estate related business. A TRS is treated as a regular corporation and is subject to federal, state, local and foreign taxes on its income and property. Lone Star Golf, Inc. is treated as a TRS of the Company. Gains on sales of certain properties may be taxable to the Company if such properties were held primarily for sale to customers in the ordinary course of business, as contemplated by Internal Revenue Code Section 1221(a)(1), or were identified as foreclosure property under the related REIT taxation rules. 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. A tax position is recognized as a benefit only if it is “more likely than not” that the position would be sustained in a tax examination, with a tax examination being presumed to occur. 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. There was no reserve for uncertain tax positions recorded as of December 31, 2015 and 2014. Interest and penalties related to income tax matters, if any, are recorded as part of income tax expense in the consolidated statement of income. Certain entities included in the Company’s consolidated financial statements are subject to certain state and local taxes. These taxes are recorded as general and administrative expenses in the accompanying consolidated financial statements.

Note 3 - Loans and Allowance fo

Note 3 - Loans and Allowance for Loan Losses	12 Months Ended
	Dec. 31, 2015
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 years ended December 31, 2015, 2014 and 2013 and the allocation of the allowance for loan losses and loans as of December 31, 2015 and 2014 by portfolio segment and by impairment methodology: 2015 Commercial Residential Land Total Allowance for loan losses: Beginning balance $ 888,260 $ 1,975,112 $ 5,983 $ 2,869,355 Charge-offs — — — — Provision (Reversal) 252,270 (1,519,525 ) 240,329 (1,026,909 ) Ending balance $ 1,140,530 $ 455,587 $ 246,329 $ 1,842,446 Ending balance: individually evaluated for impairment $ 485,823 $ — $ — $ 485,823 Ending balance: collectively evaluated for impairment $ 654,707 $ 455,587 $ 246,329 $ 1,356,623 Ending balance $ 1,140,530 $ 455,587 $ 246,329 $ 1,842,446 Loans: Ending balance $ 76,800,297 $ 24,675,867 $ 5,267,643 $ 106,743,807 Ending balance: individually evaluated for impairment $ 1,078,752 $ 7,615,055 $ — $ 8,693,807 Ending balance: collectively evaluated for impairment $ 75,721,545 $ 17,060,812 $ 5,267,643 $ 98,050,000 201 4 Commercial Residential Land Total Allowance for loan losses: Beginning balance $ 932,651 $ 3,798,203 $ 8,234 $ 4,739,088 Charge-offs — — — — (Reversal) Provision (44,391 ) (1,823,091 ) (2,251 ) (1,869,733 ) Ending balance $ 888,260 $ 1,975,112 $ 5,983 $ 2,869,355 Ending balance: individually evaluated for impairment $ 550,010 $ 1,839,345 $ — $ 2,389,355 Ending balance: collectively evaluated for impairment $ 338,250 $ 135,767 $ 5,983 $ 480,000 Ending balance $ 888,260 $ 1,975,112 $ 5,983 $ 2,869,355 Loans: Ending balance $ 52,531,537 $ 13,491,906 $ 2,010,068 $ 68,033,511 Ending balance: individually evaluated for impairment $ 12,666,935 $ 7,788,747 $ 1,860,068 $ 22,315,750 Ending balance: collectively evaluated for impairment $ 39,864,602 $ 5,703,159 $ 150,000 $ 45,717,761 2013 Commercial Residential Land Total Allowance for loan losses: Beginning balance $ 1,493,585 $ 4,401,448 $ 18,522,864 $ 24,417,897 Charge-offs — — (11,856,697 ) (11,856,697 ) (Reversal) Provision (560,934 ) (603,245 ) (6,657,933 ) (7,822,112 ) Ending balance $ 932,651 $ 3,798,203 $ 8,234 $ 4,739,088 The following tables show an aging analysis of the loan portfolio by the time monthly payments are past due at December 31, 2015 and 2014: December 31, 2015 Loans 30-59 Days Past Due Loans 60-89 Days Past Due Loans 90 or More Days Past Due Total Past Due Loans Current Loans Total Loans Commercial $ — $ — $ 1,078,752 $ 1,078,752 $ 75,721,545 $ 76,800,297 Residential — — 7,615,055 7,615,055 17,060,812 24,675,867 Land — — — — 5,267,643 5,267,643 $ — $ — $ 8,693,807 $ 8,693,807 $ 98,050,000 $ 106,743,807 December 31, 2014 Loans 30-59 Days Past Due Loans 60-89 Days Past Due Loans 90 or More Days Past Due Total Past Due Loans Current Loans Total Loans Commercial $ — $ — $ 1,078,752 $ 1,078,752 $ 51,452,785 $ 52,531,537 Residential — — 7,788,747 7,788,747 5,703,159 13,491,906 Land — — 1,860,068 1,860,068 150,000 2,010,068 $ — $ — $ 10,727,567 $ 10,727,567 $ 57,305,944 $ 68,033,511 All of the loans that were 90 or more days past due as listed above were on non-accrual status as of December 31, 2015 and 2014. In addition, two commercial loans totaling approximately $11,588,000 as of December 31, 2014 were considered impaired but were restored to accrual status during 2014 because the Company had received consistent payments from the borrower over a six month period and management expected that the borrower would continue to keep the loans current with respect to principal and interest payments. These two loans were paid off in full during the first quarter of 2015. The following tables show information related to impaired loans as of and for the years ended December 31, 2015, 2014 and 2013: As of December 31, 201 5 Year Ended December 31, 201 5 Recorded Investment Unpaid Principal Balance Related Allowance Average Recorded Investment Interest Income Recognized With no related allowance recorded: Commercial $ — $ — $ — $ 2,300,846 $ 639,935 Residential 8,063,450 7,615,055 — 8,217,114 192,491 Land — — — 310,011 216,904 $ 8,063,450 $ 7,615,055 $ 10,827,971 $ 1,049,330 With an allowance recorded: Commercial $ 1,144,864 $ 1,078,752 $ 485,823 $ 1,119,594 $ 49,442 Residential — — — — — Land — — — — — $ 1,144,864 1,078,752 $ 485,823 $ 1,119,594 $ 49,442 Total: Commercial $ 1,144,864 $ 1,078,752 $ 485,823 $ 3,420,440 $ 689,377 Residential 8,063,450 7,615,055 — 8,217,114 192,491 Land — — — 310,011 216,904 $ 9,208,314 $ 8,693,807 $ 485,823 $ 11,947,565 $ 1,098,772 As of December 31, 201 4 Year Ended December 31, 201 4 Recorded Investment Unpaid Principal Balance Related Allowance Average Recorded Investment Interest Income Recognized With no related allowance recorded: Commercial $ 11,588,183 $ 11,588,183 $ — $ 16,686,997 $ 1,714,230 Residential 253,747 253,747 — 1,986,693 688,196 Land 1,860,068 1,860,068 — 2,440,015 173,484 $ 13,701,998 $ 13,701,998 $ — $ 21,113,705 $ 2,575,910 With an allowance recorded: Commercial $ 1,079,699 $ 1,078,752 $ 550,010 $ 1,079,681 $ 47,958 Residential 7,983,345 7,535,000 1,839,345 7,983,366 150,000 Land — — — — — $ 9,063,044 $ 8,613,752 $ 2,389,355 $ 9,063,047 $ 197,958 Total: Commercial $ 12,667,882 $ 12,666,935 $ 550,010 $ 17,766,678 $ 1,762,188 Residential 8,237,092 7,788,747 1,839,345 9,970,059 838,196 Land 1,860,068 1,860,068 — 2,440,015 173,484 $ 22,765,042 $ 22,315,750 $ 2,389,355 $ 30,176,752 $ 2,773,868 Year Ended December 31, 2013 Average Recorded Investment Interest Income Recognized With no related allowance recorded: Commercial $ 10,880,512 $ 704,623 Residential 2,841,401 134,702 Land 4,984,885 259,281 $ 18,706,798 $ 1,098,606 With an allowance recorded: Commercial $ 1,079,699 $ 21,000 Residential 7,983,342 198,100 Land 8,761,503 — $ 17,824,544 $ 219,100 Total: Commercial $ 11,960,211 $ 725,623 Residential 10,824,743 332,802 Land 13,746,388 259,281 $ 36,531,342 $ 1,317,706 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. The average recorded investment and interest income recognized on impaired loans for which no related allowance was recorded presented in the above tables are disclosed as such, even if these impaired loans may have had an allowance recorded at some point during the year. In addition, the calculations of average recorded investment and interest income recognized in the above tables include loans that had been outstanding for some period of time during the year, but for which there was no recorded investment at the end of the year. Troubled Debt Restructurings The Company had allocated approximately $486,000 and $2,389,000 of specific reserves on loans totaling $9,208,000 and $20,265,000 (recorded investments before reserves) to borrowers whose loan terms had been modified in troubled debt restructurings as of December 31, 2015 and 2014, respectively. The Company has not committed to lend additional amounts to any of these borrowers, other than discussed below. There were no loans modified as troubled debt restructurings during the year ended December 31, 2015. During the year ended December 31, 2014, the terms of one impaired loan were modified as a troubled debt restructuring. The loan was rewritten as the borrower had previously paid the principal balance down partially from sale proceeds. The maturity date was extended by six months to April 2015. All other terms of the loan remained the same. This loan was repaid in full during the fourth quarter of 2015. During the year ended December 31, 2013, the terms of two loans were modified as troubled debt restructurings. One loan was modified to combine all principal, delinquent interest and advances into principal and provide for amortizing payments at a reduced interest rate over an extended maturity of 15 years. Another impaired loan was rewritten by the Company during the year whereby the Company repaid the unrelated first deed of trust on the subject property of approximately $5,899,000 and refinanced its second deed of trust by combining them into one first deed of trust in the amount of $9,625,000 with interest at 10% per annum due in five years. As part of the modification, approximately $659,000 of past due interest on the Company’s original note was paid from the proceeds of the rewritten loan, which was recorded as a discount against the principal balance of the new loan because the loan was impaired (net principal balance of $8,966,000). In addition, the Company loaned the borrower an additional $2,500,000 to fund certain improvements to the property (aggregate principal balance of $11,466,000). Both of these loans were repaid in full during the year ended December 31, 2015. The following tables show information related to loan modifications made by the Company during the years ended December 31, 2014 and 2013 that constituted troubled debt restructurings: Modifications During the Year Ended December 31, 2014 Number of Contracts Pre-Modification Outstanding Recorded Investment Post-Modification Outstanding Recorded Investment Troubled Debt Restructurings That Occurred During the Year Land 1 $ 1,860,068 $ 1,860,068 Modifications During the Year Ended December 31, 2013 Number of Contracts Pre-Modification Outstanding Recorded Investment Post-Modification Outstanding Recorded Investment Troubled Debt Restructurings That Occurred During the Year Commercial 1 $ 2,638,530 $ 8,966,179 Residential 1 272,028 272,028 Troubled Debt Restructurings That Subsequently Defaulted During the Year Number of Contracts Recorded Investment Residential 1 $ 272,028

Note 4 - Investment in Limited

Note 4 - Investment in Limited Liability Company	12 Months Ended
	Dec. 31, 2015
Equity Method Investments and Joint Ventures [Abstract]
Equity Method Investments and Joint Ventures Disclosure [Text Block]	NOTE 4 – INVESTMENT IN LIMITED LIABILITY COMPANY During 2008, the Company entered into an Operating Agreement of 1850 De La Cruz LLC, a California limited liability company (“1850”), with Nanook Ventures LLC (“Nanook”), an unrelated party. The purpose of the joint venture is to acquire, own and operate certain industrial land and buildings located in Santa Clara, California that were owned by the Company. The property was subject to a Purchase and Sale Agreement dated July 24, 2007 (the “Sale Agreement”), as amended, between the Company, as seller, and Nanook, as buyer. During the course of due diligence under the Sale Agreement, it was discovered that the property was contaminated and that remediation and monitoring were required. The parties agreed to enter into the Operating Agreement to restructure the arrangement as a joint venture. At the time of closing in July 2008, the two properties were separately contributed to two new limited liability companies, Nanook Ventures One LLC and Nanook Ventures Two LLC, which are wholly owned by 1850. The Company and Nanook are the Members of 1850 and NV Manager, LLC is the Manager. (See Note 15 for further discussion of the Company’s environmental remediation obligation with respect to the properties owned by 1850.) During the years ended December 31, 2015, 2014 and 2013, the Company received capital distributions from 1850 in the total amount of $177,000, $170,000 and $160,000, respectively. The net income to the Company from its investment in 1850 De La Cruz was approximately $175,000, $170,000 and $161,000 for the years ended December 31, 2015, 2014 and 2013, respectively.

Note 5 - Real Estate Held for S

Note 5 - Real Estate Held for Sale	12 Months Ended
	Dec. 31, 2015
Disclosure Text Block [Abstract]
Real Estate Owned [Text Block]	NOTE 5 - REAL ESTATE HELD FOR SALE Real estate properties held for sale as of December 31, 2015 and 2014 consisted of properties acquired through foreclosure classified by property type as follows: December 31, 2015 December 31, 2014 Residential $ 51,942,601 $ — Land (including land under development) 42,071,143 36,263,330 Retail — 16,494,440 Golf course — 2,020,410 Office 4,716,487 4,716,159 Industrial 1,460,935 — $ 100,191,166 $ 59,494,339 Transfers During the year ended December 31, 2015, the Company transferred one property (golf course) from “Held for sale” to “Held for investment” because the property was no longer listed for sale and a sale was not likely within the next year. In addition, during the year ended December 31, 2015, the Company transferred seven properties (two industrial, two residential, one land, one storage and one marina) from “Held for investment” to “Held for sale” as the properties were listed for sale and sales were expected within the next year. Four of these properties were sold during 2015. During the year ended December 31, 2014, the Company transferred three properties (one land, one marina and one residential) from “Held for sale” to “Held for investment” because the properties were no longer listed for sale and sales were not likely within the next year. In addition, during the year ended December 31, 2014, the Company transferred five properties (two land, two retail and one office) from “Held for investment” to “Held for sale” as the properties were listed for sale and sales were expected within the next year. During the year ended December 31, 2013, the Company transferred three properties (one land, one retail and one residential) from “Held for sale” to “Held for investment” because the properties were no longer listed for sale and sales were not likely within the next year. In addition, during the year ended December 31, 2013, the Company transferred three properties (two land and one golf course) from “Held for investment” to “Held for sale” as the properties were listed for sale and sales were expected within the next year. No losses were recorded as a result of transfers between “Held for sale” and “Held for investment” categories for the years ended December 31, 2015, 2014 and 2013. Impairment Losses During the year ended December 31, 2015, the Company recorded impairment losses totaling approximately $1,589,000 on the on the unimproved residential and commercial land located in Gypsum, Colorado due to a decrease in the listing price of the property and a new appraisal obtained as of December 31, 2015. During the year ended December 31, 2014, the Company recorded an impairment loss of $179,000 on the marina property located in Oakley, California due to a decrease in the listing price of the property and a reduction in the fair market value estimated by management. Sales During the year ended December 31, 2015, the Company sold eight real estate properties (three retail, one residential, one storage, one industrial, one land and one marina) for aggregate net sales proceeds of approximately $48,602,000 and a carryback note in the amount of $4,650,000, resulting in gain on sales of real estate totaling approximately $21,666,000 ($19,187,000 to the Company after $2,479,000 gain attributable to noncontrolling interest). All of the gains from 2015 sales were accounted for using the full accrual method. In addition, the Company recognized gain of approximately $153,000 during the year ended December 31, 2015 that had previously been deferred related to the sale of a real estate property in 2012. The gain on the sale of that property was being accounted for under the installment method. During the year ended December 31, 2014, the Company sold two real estate properties (both Land) and an easement for aggregate net sales proceeds of approximately $1,821,000, resulting in gain on sales of real estate totaling approximately $292,000. In addition, the Company recognized gains of approximately $2,951,000 during the year ended December 31, 2014 that had previously been deferred related to the sales of real estate properties in 2012 and 2013. The gains on the sales of those properties were being accounted for under the installment method. During the year ended December 31, 2013, the Company sold six real estate properties (three Land, one Residential, one Office and one Retail) for aggregate net sales proceeds of approximately $11,052,000 and carry back notes totaling $11,900,000, resulting in gain on sales of real estate (net) totaling approximately $2,585,000. In addition, the Company recognized gains of approximately $358,000 during the year ended December 31, 2013 that had previously been deferred related to the sales of real estate properties in 2012 and 2013. The gains on the sales of those properties were being accounted for under the installment method. Foreclosure s There was no real estate held for sale acquired through foreclosure during the year ended December 31, 2015. During the year ended December 31, 2014, the Company foreclosed on one loan secured by retail property located in San Jose, California with a principal balance of $690,000 and obtained the properties via the trustee’s sale. The fair market value of the property acquired was estimated to be higher than the Company’s recorded investment in the subject loan, and, thus, a gain on foreclosure in the amount of approximately $208,000 was recorded. This property was sold during the year ended December 31, 2015.

Note 6 - Real Estate Held for I

Note 6 - Real Estate Held for Investment	12 Months Ended
	Dec. 31, 2015
Real Estate Held For Investment Disclosure [Abstract]
Real Estate Held For Investment Disclosure [Text Block]	NOTE 6 - REAL ESTATE HELD FOR INVESTMENT Real estate held for investment as of December 31, 2015 and 2014 consisted of properties acquired through foreclosure classified by property type as follows: December 31, 2015 December 31, 2014 Land $ 8,112,676 $ 10,797,656 Residential 6,673,540 48,154,258 Retail 23,122,714 23,211,896 Office 4,315,608 4,416,108 Industrial — 4,486,797 Storage — 3,847,884 Marina 4,079,087 3,602,867 Assisted care 5,402,376 5,005,000 Golf course 1,941,245 — $ 53,647,246 $ 103,522,466 The balances of land and the major classes of depreciable property for real estate held for investment as of December 31, 2015 and 2014 are as follows: December 31, 2015 December 31, 2014 Land and land improvements $ 23,443,676 $ 39,003,422 Buildings and improvements 33,119,166 70,594,331 56,562,842 109,597,753 Less: Accumulated depreciation and amortization (2,915,596 ) (6,075,287 ) $ 53,647,246 $ 103,522,466 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 $1,971,000, $2,151,000 and $2,387,000 for the years ended December 31, 2015, 2014 and 2013, respectively. Impairment Losses For purposes of assessing potential impairment of value during 2015, 2014 and 2013, the Company obtained updated appraisals or other valuation support for certain of its real estate properties held for investment. This resulted in the Company recording impairment losses in 2013 as follows: 201 3 Two improved residential lots, West Sacramento, California $ 13,440 Six improved residential lots, Coeur D’Alene, Idaho 652,800 $ 666,240 There were no impairment losses recorded on real estate held for investment for the years ended December 31, 2015 and 2014. Foreclosures There was no real estate held for investment acquired through foreclosure during the year ended December 31, 2015. During the year ended December 31, 2014, the Company foreclosed on two loans secured by an assisted care facility located in Bensalem, Pennsylvania and unimproved land, a marina and campground located in Bethel Island, California with aggregate principal balances of approximately $6,981,000 and obtained the properties via the trustee’s sales. The fair market values of certain of the properties acquired were estimated to be higher than the Company’s recorded investments in the subject loans, and, thus a gain on foreclosure in the amount of approximately $257,000 was recorded. During the year ended December 31, 2013, the Company foreclosed on six loans secured by a marina located in Isleton, California and undeveloped parcels of land located in South Lake Tahoe, California with aggregate principal balances of approximately $27,467,000 and obtained the properties via the trustee’s sales. The fair market values of certain of the properties acquired were estimated to be higher than the Company’s recorded investments in the subject loans, and, thus a gain on foreclosure in the amount of approximately $952,000 was recorded.

Note 7 - Lines of Credit Payabl

Note 7 - Lines of Credit Payable	12 Months Ended
	Dec. 31, 2015
Debt Disclosure [Abstract]
Debt Disclosure [Text Block]	NOTE 7 – LINES OF CREDIT PAYABLE The Company borrows funds under the California Bank & Trust (“CB&T”) Line of Credit and the Opus Bank (“Opus”) Line of Credit (collectively, the “Funding Agreements”). As of December 31, 2015 and 2014, the outstanding balances and total commitments under the Funding Agreements consisted of the following: As of December 31, 2015 As of December 31, 2014 Outstanding Balance Total Commitment Outstanding Balance Total Commitment CB&T Line of Credit $ 8,289,500 $ 22,574,753 $ 11,450,000 $ 17,355,000 Opus Bank Line of Credit 12,626,000 12,626,000 — 16,721,000 Total $ 20,915,500 $ 35,200,753 $ 11,450,000 $ 34,076,000 The Funding Agreements are generally collateralized by assignments of specific loans or real estate properties owned by the Company. CB&T Line of Credit In February 2014, the Company entered into a Credit Agreement and Advance Formula Agreement and related agreements with CB&T as the lender (the “CB&T Credit Facility”).The agreements were amended and restated in April 2015 to increase the maximum potential borrowings, to add First Bank as an additional lender and to increase the maximum borrowings available (total commitment) under the facility to the lesser of a $30,000,000 maximum or the amount determined pursuant to a borrowing base calculation described in the Advance Formula Agreement. Pursuant to the First Amendment to Amended and Restated Credit Agreement and Loan Documents dated March 1, 2016 (as further described in Note 16), the maximum commitment of the lenders has been increased from $30,000,000 to $50,000,000, such maximum commitment can be increased (on request of the Company and with the permission of the lenders) in the future to up to $75,000,000, and borrowings under the CB&T Credit Facility now mature on March 1, 2018. Such borrowings bear interest payable monthly at the prime rate of interest established by CB&T from time-to-time plus one quarter percent (.25%) per annum (3.75% at December 31, 2015). Upon a default such interest rate increases by 2.00%. The CB&T Credit Facility required the payment of an origination fee of $100,000 and other issuance costs totaling $177,000 that were capitalized to deferred financing costs and are being amortized to interest expense using the straight-line method through the maturity date of the CB&T Credit Facility. The Company is also subject to certain ongoing administrative fees and expenses. Interest expense on the CB&T Credit Facility was approximately $431,000 and $458,000 during the years ended December 31, 2015 and 2014, respectively (including $126,000 and $69,000, respectively, in amortization of deferred financing costs). Borrowings under the CB&T 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 December 31, 2015, the carrying amount and classification of loans (no real estate properties) securing the CB&T Credit Facility were as follows: Loans: December 31 , 201 5 Commercial $ 30,449,442 Residential 917,016 Total $ 31,366,458 The CB&T Credit Facility agreements contain financial covenants which are customary for a loan of this type. Management is not aware of any breach of these covenants as of December 31, 2015. Opus Bank Line of Credit In April 2014, the Company entered into a Secured Revolving Credit Loan Agreement (the “Opus Credit Agreement”) and related agreements with Opus as the lender (the “Opus Credit Facility”). The maximum borrowings available (total commitment) under the facility is the lesser of $20,000,000 or the Maximum Allowed Advance amount determined pursuant to a borrowing base calculation described in the Opus Credit Agreement. 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 as follows: (i) commencing October 1, 2014, and on each successive six month anniversary during the term (the “Rate Change Date”), the rate of interest will be reset to the Six Month LIBOR rate of interest 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. The Six Month LIBOR rate was 0.85% at December 31, 2015. The interest rate on the Opus Credit Facility as of December 31, 2015 was 4.5%. 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. The Opus Credit Facility required the payment of an origination fee of $100,000 and other issuance costs totaling $231,000 that were capitalized as deferred financing costs and are being amortized to interest expense using the straight-line method through the maturity date of the Opus Credit Facility. The Company is also subject to certain ongoing administrative fees and expenses. Interest expense on the Opus Credit Facility was approximately $126,000 and $112,000 during the years ended December 31, 2015 and 2014, respectively (including $77,000 and $51,000, respectively, in amortization of deferred financing costs). 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 Opus Credit Agreement (as further defined in the Opus 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 Opus Credit Agreement (as further defined in the Opus Credit Agreement, the “Note Collateral”). As of December 31, 2015, the carrying amount and classification of loans and real estate properties securing the Opus Credit Facility were as follows: December 31 , 201 5 Loans: Commercial $ 8,465,379 Real Estate: Office 8,976,770 Industrial 1,460,935 Total $ 10,437,705 The Opus Credit Facility contains financial covenants which are customary for loans of this type. Management is not aware of any breach of these covenants as of December 31, 2015.

Note 8 - Notes and Loans Payabl

Note 8 - Notes and Loans Payable on Real Estate	12 Months Ended
	Dec. 31, 2015
Disclosure Text Block [Abstract]
Mortgage Notes Payable Disclosure [Text Block]	NOTE 8 - NOTES AND LOANS PAYABLE ON REAL ESTATE The Company had the following notes and loans payable outstanding as of December 31, 2015 and 2014: December 31, 2015 December 31, 2014 Interest Rate Payment Terms/ Frequency Maturity Date 720 University, LLC Note Payable $ — $ 9,741,463 N/A N/A Paid Off Tahoe Stateline Venture, LLC Note #1 2,900,000 2,900,000 5.00% Interest Only Semi-annual December 2016 Tahoe Stateline Venture, LLC Note #3 500,000 500,000 5.00% Interest Only Quarterly August 2017 TOTB North, LLC Construction Loan Payable 16,009,906 1,007,919 4.61% Amortizing Monthly June 2017 TOTB Miami, LLC Loan Payable 12,693,231 12,975,167 4.61% Amortizing Monthly November 2017 Tahoe Stateline Venture, LLC Loan Payable 14,013,901 10,445,000 3.47% Amortizing Monthly January 2021 $ 46,117,038 $ 37,569,549 The following table shows maturities by year on these notes and loans payable as of December 31, 2015: Years ending December 31: 2016 $ 3,574,670 2017 29,299,854 2018 406,209 2019 420,531 2020 435,358 Thereafter 11,980,416 $ 46,117,038 720 University, LLC Note Payable The Company had a note payable with a bank through its investment in 720 University, LLC (“720 University), which was secured by the retail development located in Greeley, Colorado. In November 2014, 720 University entered into an agreement to sell the property that secured this note payable, and the buyer extended a new loan to 720 University to repay the existing note payable. The refinancing closed in January 2015. The principal amount of the new loan was $9,771,263 and accrued interest at 6.0% per annum until paid off with the closing of the sale of the property to the buyer which occurred on June 15, 2015. 720 University incurred interest expense of approximately $265,000, $505,000 and $514,000 during the years ended December 31, 2015, 2014 and 2013, respectively. Tahoe Stateline Venture , LLC Note s Payable The Company obtained these obligations as a result of the foreclosure or purchase of nine parcels by TSV in 2013 and 2012. The Company repaid all of one note in the amount of $400,000 during the year ended December 31, 2014 to allow for the new Rabobank loan to be secured by the phase I retail building recently completed (see below). The Company also repaid $200,000 of one note during the year ended December 31, 2014 to allow demolition of the buildings on the land for the overall development in Phase II of the project. The Company paid approximately $170,000, $195,000 and $164,000 of interest on the notes during the years ended December 31, 2015, 2014 and 2013, respectively. As of December 31, 2015 and 2014, there was approximately $18,000 and $19,000, respectively, in accrued but unpaid interest on these notes. The majority of the interest incurred has been capitalized to the basis of the land now under development. TOTB North, LLC Construction Loan Payable In June 2014, TOTB North, LLC (“TOTB North”) entered into a Construction Loan Agreement (the “Loan Agreement”) and related documents with Bank of the Ozarks (“Ozarks”) as the lender providing TOTB North with a loan (the “North Loan”) of up to $21,304,000 to renovate and improve the vacant and unimproved “North” apartment building held in TOTB North (the “Project”). The North Loan is secured by a first mortgage lien on the North building and all improvements and certain other assets, and is cross-defaulted and cross-collateralized with the TOTB Miami, LLC Loan Payable described below. The initial maturity date (the “Maturity Date”) of the North Loan is June 12, 2017, which may be extended at the option of TOTB North for two additional one year periods, subject to certain conditions. The balance of the loan was approximately $16,010,000 and $1,008,000 as of December 31, 2015 and 2014, respectively. All outstanding borrowings under the North Loan bear interest equal to the floating daily Three Month LIBOR rate of interest (0.61% at December 31, 2015) plus four percent (4.0%) per annum (the “Note Rate”), but the Note Rate will not be lower than four and one-half percent (4.5%) per annum. The Note Rate as of December 31, 2015 was 4.61% per annum. Upon a default under the North Loan documents the Note Rate increases by an additional eight percent (8.00%) per annum. Pursuant to a Limited Waiver/Acknowledgment executed in December 2015, interest only payments are payable monthly until the “Amortization Commencement Date” which is the earlier to occur of (i) October 1, 2016 or (ii) the first monthly payment date occurring after the Project is completed and the North property achieves a DSCR of greater than 1.25:1. Commencing on the Amortization Commencement Date, monthly principal payments are also required with principal amortizing over 300 months and the balance of the North Loan is due on the Maturity Date. TOTB North made a required deposit with Ozarks of $1.0 million (the “Bridge Equity”) in 2014 using a capital contribution by TOTB (excess funds held and capital contributions of $453,000 from the Company and $108,000 from OFG). The Bridge Equity was provided to fund project costs pending satisfaction of additional post-closing conditions under the loan documents, and Ozarks reimbursed the Bridge Equity as part of the loan in February 2015. All post-closing conditions were met in February 2015, and TOTB North was given access to the remaining balance of the North Loan once the Company and OFG contributed an additional $1,170,000 and $279,000, respectively, during the first quarter of 2015 due to increased construction costs for the Project. During 2014, TOTB North paid customary closing fees, disbursements and expenses, including an origination fee to Ozarks, which totaled $622,000. The majority of these costs were paid out of proceeds from the North Loan and capitalized to deferred financing costs and are being amortized to the Project using the straight-line method through the Maturity Date. During the years ended December 31, 2015 and 2014, approximately $207,000 and $121,000, respectively, of deferred financing costs were amortized to the Project. During the years ended December 31, 2015 and 2014, approximately $278,000 and $22,000, respectively, of interest was incurred which was capitalized to the Project. The North Loan documents contain financial covenants of TOTB North and the Guarantors which are customary for loans of this type. Management is not aware of any breach of these covenants as of December 31, 2015. TOTB Miami , LLC Loan Payable In November 2014, TOTB Miami, LLC (“TOTB”) entered into another loan agreement (the “TOTB Loan Agreement”) and related documents with Ozarks providing TOTB a loan (the “TOTB Miami Loan”) of $13,000,000 secured by a first mortgage lien on the 154 leased condominium units owned in the Pointe building and the related parcel and all improvements as well as certain other assets. As a condition of providing the TOTB Miami Loan, Ozarks required that the TOTB Miami Loan and the North Loan be cross-collateralized and cross-defaulted, that excess proceeds from any sale of the North property be used to reduce or pay off the TOTB Miami Loan and that excess proceeds from any sale of the TOTB property be used to pay off the North Loan. The net cash proceeds from the TOTB Miami Loan were distributed to the members of TOTB in 2014. The initial maturity date (the “Maturity Date”) of the TOTB Miami Loan is November 16, 2017, and the Maturity Date may be extended at the option of TOTB for two additional one year periods if a number of conditions are met. All outstanding borrowings under the TOTB Miami Loan will bear interest equal to the floating daily Three Month LIBOR rate of interest (0.61% at December 31, 2015) plus four percent (4.0%) per annum (the “Note Rate”), but in no event will the Note Rate be lower than four and one-quarter percent (4.25%) per annum. The Note Rate as of December 31, 2015 was 4.61% per annum. Upon a default under the TOTB Miami Loan documents, including any cross-default, the Note Rate increases by an additional eight percent (8.00%) per annum. Principal and interest is payable monthly with principal amortizing over 300 months, and the balance of the loan is due on the Maturity Date. TOTB was obligated to pay customary closing fees, disbursements and expenses, including an origination fee to the Lender, which totaled approximately $323,000. The majority of these costs were paid out of proceeds from the loan and capitalized to deferred financing costs and are being amortized to interest expense using the effective interest method through the Maturity Date. During the years ended December 31, 2015 and 2014, approximately $690,000 and $81,000, respectively, of interest expense was incurred (including approximately $129,000 and $12,000, respectively, of deferred financing costs amortized to interest expense). The TOTB Miami Loan documents contain financial covenants of TOTB and the Guarantors which are customary for loans of this type. Management is not aware of any breach of these covenants as of December 31, 2015. Tahoe Stateline Venture , LLC Loan Payable In December 2014, Tahoe Stateline Ventures, LLC (“TSV”) entered into a Credit Agreement (the “Credit Agreement”) and related documents with RaboBank, N.A. as the lender (“Lender”) providing TSV with a loan (the “TSV Loan”) of up to $14,500,000. TSV borrowed $10,445,000 at the first closing under the TSV Loan and an additional $3,830,000 was borrowed in September 2015. The maturity date of the TSV Loan is January 1, 2021 (the “Maturity Date”). All outstanding borrowings under the TSV Loan documents bear interest initially at a rate of 3.47% per annum (the “Long Term Adjustable Rate”), provided that on January 1, 2018 the Long Term Adjustable Rate will be reset to Lender’s then current market rate for three year fixed rate loans from comparable commercial real estate secured transactions, as determined by Lender in its sole discretion. Upon a default under the TSV Loan documents, the interest rate on the outstanding principal balance increases by an additional five percent (5.00%) per annum, and the rate on any other outstanding obligations thereunder increases to ten percent (10.00%) per annum. Prepayments under the TSV Loan documents are subject to certain prepayment fees; provided that during the 90 day period immediately prior to January 1, 2018, and the 90 day period immediately prior to the Maturity Date, TSV may prepay the entire unpaid balance of the Loan in full, without any Prepayment Fee or penalty. During the term of the TSV Loan, TSV will make equal combined payments of principal and accrued interest on the first day of each month in an amount calculated to fully amortize the original principal amount over a period of 300 months, subject to certain adjustments and the balance of the TSV Loan is due on the Maturity Date. The Credit Agreement required the payment of a closing fee of $108,750 and certain administrative fees totaling approximately $218,000. The TSV Loan documents contain financial covenants which are customary for loans of this type . Management is not aware of any breach of these covenants as of December 31, 2015.

Note 9- Stockholders' Equity

Note 9- Stockholders' Equity	12 Months Ended
	Dec. 31, 2015
Stockholders' Equity Note [Abstract]
Stockholders' Equity Note Disclosure [Text Block]	NOTE 9 – STOCKHOLDERS’ EQUITY Dividends The following table presents the tax treatment for dividends paid by the Company on its Common Stock for the years ended December 31, 2015, 2014 and 2013: Dividend s Classified as Capital Gain Dividend Classified as Capital Year Total (4) Dividend s Percent Dividend s Qualified 5 ) Percent Dividend Percent Dividend s Common Stock: 2015 (1) $ 4,347,331 $ 0.410 100.00 % $ 0.410 — — — 00.00 % $ 0.000 2014 (2) $ 3,087,360 $ 0.287 100.00 % $ 0.255 — — — 00.00 % $ 0.000 2013 (3) $ 2,530,290 $ 0.227 28.45 % $ 0.023 — — — 71.55 % $ 0.204 (1) Dividends declared and paid in 2015 per above do not include $1,313,657 which represented capital gains tax on 2015 undistributed capital gains paid on behalf of shareholders to the U.S. Treasury in January 2016 (and recorded as dividends paid and payable in the consolidated financial statements) and exclude the $1,292,160 dividend discussed in (2) below. (2) Dividends for 2014 include a $1,292,160 dividend declared for shareholders of record as of December 31, 2014 and paid in January 2015. This amount consisted of a $0.07 per share special dividend and a $0.05 per share regular quarterly dividend. This dividend was a split-year dividend with $0.088 allocable to 2014 and $0.032 allocable to 2015 for federal income tax purposes. Dividends for 2014 exclude the $180,000 dividend discussed in (3) below. (3) Dividends for 2013 do not include distributions paid prior to the conversion from OMIF to ORM on May 20, 2013 and include a $180,000 dividend declared for shareholders of record as of December 31, 2013 and paid in January 2014. (4) Includes $2,914, $667, and $3,037 for 2015, 2014 and 2013, respectively, of dividends on shares repurchased under the stock repurchase plans discussed below that were in transit with respect to the deposit/withdrawal at custodian process and therefore not yet held as treasury shares on the record date of the dividends. When such funds were subsequently received by the Company they were posted to retained earnings such that dividends reflected on the consolidated statement of stockholders’ equity are net of these amounts. (5) Qualified dividend income is eligible for reduced dividend rates. Stock Repurchase Programs On August 9, 2013, the Board of Directors authorized a Rule 10b5-1 stock repurchase plan (the “2013 Repurchase Plan”) which permitted the Company to repurchase 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. During the years ended December 31, 2014 and 2013, the Company repurchased 26,208 and 403,910 shares of its Common Stock, respectively, under the plan for a total cost of approximately $325,000 and $5,024,000 (including commissions) and an average cost of $12.40 and $12.44 per share, respectively. The 2013 Repurchase Plan expired on May 19, 2014. On May 27, 2015, the Board of Directors authorized a second Rule 10b5-1 stock repurchase plan (the “2015 Repurchase Plan”) under which permitted the Company to purchase up to $7.5 million of its Common Stock. During the year ended December 31, 2015, the Company repurchased 520,524 shares of its Common Stock under this plan for a total cost of approximately $7,503,000 (including commissions) and an average cost of $14.41 per share. The 2015 Repurchase Plan expires by its terms on May 12, 2016, but no further purchases will be made pursuant to this plan. On December 11, 2015, the Board of Directors authorized a new Rule 10b5-1 stock repurchase plan (the “2016 Repurchase Plan”) under which the Company may purchase up to $7.5 million of its Common Stock. Under the 2016 Repurchase Plan, repurchases will be funded from available working capital, and the repurchased shares will return to the status of authorized but unissued shares of Common Stock. The 2016 Repurchase Plan provides for stock repurchases to commence on April 1, 2016 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 2016 Repurchase Plan is set to expire on March 31, 2017, although the Company may terminate the Repurchase Plan at any time.

Note 10 - Restricted Cash

Note 10 - Restricted Cash	12 Months Ended
	Dec. 31, 2015
Loss Contingency [Abstract]
Contingencies Disclosure [Text Block]	NOTE 10 – RESTRICTED CASH Contingency Reserves In accordance with its charter, the Company is required to maintain cash, cash equivalents and marketable securities as contingency reserves in an aggregate amount of 1.50% of Capital as defined in the charter. Although the Manager believes the contingency reserves are adequate, it could become necessary for the Company to sell or otherwise liquidate certain of its investments or other assets to cover such contingencies on terms which might not be favorable to the Company, which could lead to unanticipated losses upon sale of such assets. The contingency reserves required per the charter as of December 31, 2015 and 2014 were approximately $3,809,000 and $3,876,000 and are reported as restricted cash in the accompanying consolidated balance sheets. The $7,000,000 required to be held in non-interest bearing accounts as of December 31, 2015 pursuant to the Company’s two lines of credit agreements satisfies this contingency reserve requirement (see Note 7). Escrow Deposits Restricted cash includes deposits held in third party escrow accounts to pay property taxes and insurance on Company real estate in the amounts of approximately $225,000 and $249,000 as of December 31, 2015 and 2014, respectively.

Note 11 - Income Taxes

Note 11 - Income Taxes	12 Months Ended
	Dec. 31, 2015
Income Tax Disclosure [Abstract]
Income Tax Disclosure [Text Block]	NOTE 11 - INCOME TAXES The Company operates in such a manner as to qualify as a REIT, under the provisions of the Internal Revenue Code of 1986, as amended (the "Code"); therefore, applicable REIT taxable income is included in the taxable income of its shareholders, to the extent distributed by the Company. To maintain REIT status for federal income tax purposes, the Company is generally required to distribute at least 90% of its REIT taxable income to its shareholders as well as comply, generally, with certain other qualification requirements as defined under the Code. As a REIT, the Company is not subject to federal corporate income tax to the extent that it distributes 100% of its REIT taxable income each year. During 2015, 2014 and 2013, the Company distributed at or in excess of 100% of its REIT taxable income to its stockholders. During 2015, the Company had net capital gains from the sales of real estate properties totaling approximately $3,753,000. Management decided to retain all net capital gains within the Company and not distribute them as is permitted for REITs. However, the retention of the capital gains required the Company to make a payment to the U.S. Treasury Department on behalf of shareholders at the highest corporate tax rate (35%) in the total amount of approximately $1,314,000 in January 2016. This tax payment was accrued as dividends payable in the Company’s financial statements as of December 31, 2015. Shareholders’ pro-rata portion of the amount paid is to be reflected as tax payments on the individual shareholders’ tax returns. Taxable income from non-REIT activities managed through the Company's taxable REIT subsidiary (“TRS”) (Lone Star Golf, Inc.) is subject to federal, state and local income taxes. The Company did not record a provision for current income taxes related to its TRS for the years ended December 31, 2015, 2014 and 2013 as it was in a net loss position. Deferred taxes related to temporary differences in book and taxable income as well as net operating losses of the TRS were not significant and the deferred taxes would likely not be realizable due to Lone Star’s loss history. During the year ended December 31, 2015, the Company had a $267,000 taxable gain on sale of a real estate property. The gain was taxable because the subject property was designated as foreclosure property pursuant to the related REIT taxation rules. As a result, the Company recorded income tax expense of approximately $93,000 for the year ended December 31, 2015. As of December 31, 2015 and 2014, the Company has not recorded a reserve for any uncertain income tax positions. There has been no interest or penalties incurred to date. The Company has capital loss carryforwards from the sale of two properties during 2014 totaling approximately $822,000 as of December 31, 2014 that were used to offset capital gains during 2015. As of December 31, 2015, income tax returns for the calendar years ended 2012 through 2015 remain subject to examination by IRS and/or any state or local taxing jurisdiction. Additionally, certain tax returns from the predecessor entity (OMIF) remain open for the calendar years ended 2011 and 2012, as well as the short year ended May 19, 2013.

Note 12 - Transactions with Aff

Note 12 - Transactions with Affiliates	12 Months Ended
	Dec. 31, 2015
Related Party Transactions [Abstract]
Related Party Transactions Disclosure [Text Block]	NOTE 12 - TRANSACTIONS WITH AFFILIATES OFG is entitled to receive from the Company a management fee of up to 2.75% per annum of the average unpaid balance of the Company’s loans at the end of the twelve months in the calendar year for services rendered as Manager of the Company. All of the Company’s loans are serviced by OFG, in consideration for which OFG receives a monthly fee, which, when added to all other fees paid in connection with the servicing of a particular loan, does not exceed the lesser of the customary, competitive fee in the community where the loan is placed for the provision of such mortgage services on that type of loan or up to 0.25% per annum of the unpaid principal balance of the loans. OFG, at its sole discretion may, on a monthly basis, adjust the management and servicing fees as long as they do not exceed the allowable limits calculated on an annual basis. Even though the fees for a month may exceed 1 The maximum servicing fees were paid to OFG during the years ended December 31, 2015, 2014 and 2013. The maximum management fees had been paid to OFG during the years ended December 31, 2015 and 2014. If the maximum management fees had been paid to OFG during the year ended December 31, 2013, the management fees would have been $1,668,000 (increase of $4,000), which would have decreased net income by approximately 0.05%. In determining the management fees to pay to OFG, OFG may consider a number of factors, including current market yields, delinquency experience, uninvested cash and real estate activities. During the years ended December 31, 2015, 2014 and 2013, OFG elected to take close to the maximum compensation that it is able to take pursuant to the Company’s charter and will likely continue to take the maximum compensation for the foreseeable future. Pursuant to the charter, OFG receives all late payment charges from borrowers on loans owned by the Company, with the exception of those loans participated with outside entities. The amounts paid to or collected by OFG for such charges on Company loans totaled approximately $30,000, $14,000 and $5,000 for the years ended December 31, 2015, 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). Such fees remitted to OFG totaled approximately $7,000, $4,000 and $1,000 for the years ended December 31, 2015, 2014 and 2013, respectively. OFG originates all loans the Company invests in and receives loan origination fees from borrowers. Such fees earned by OFG amounted to approximately $1,956,000, $1,228,000 and $658,000 on loans originated, rewritten or extended of approximately $80,488,000, $50,440,000 and $18,977,000 for the years ended December 31, 2015, 2014 and 2013, respectively. Such fees as a percentage of loans originated, rewritten or extended by the Company were 2.4%, 2.4% and 3.5% for the years ended December 31, 2015, 2014 and 2013, respectively. OFG is reimbursed by the Company for the actual cost of goods, services and materials used for or by the Company and obtained from unaffiliated entities and the salary and related salary expense of OFG’s non-management and non-supervisory personnel performing services for the Company which could be performed by independent parties (subject to certain limitations in the Management Agreement). The amounts reimbursed to OFG by the Company were $590,000, $704,000 and $742,000 during the years ended December 31, 2015, 2014 and 2013, respectively. As of December 31, 2015 and 2014, there was approximately $142,000 and $113,000, respectively, payable to OFG for reimbursable expenses and other fees owed. The Company also reimbursed certain of OFG’s officers for allowed expenses in the total amount of $1,000, $1,000 and $19,000 during the years ended December 31, 2015, 2014 and 2013, respectively. The Company paid Investor’s Yield, Inc. (a wholly owned subsidiary of OFG) approximately $10,000, $30,000 and $34,000 in trustee’s fees related to certain foreclosure proceedings and other miscellaneous fees on Company loans during the years ended December 31, 2015, 2014 and 2013, respectively. During 2015, the Company purchased OFG’s full interest in a loan secured by an industrial property located in San Ramon, California with a principal balance of $1,499,000 at face value.

Note 13 - Rental Income

Note 13 - Rental Income	12 Months Ended
	Dec. 31, 2015
Leases [Abstract]
Leases of Lessor Disclosure [Text Block]	NOTE 13 - RENTAL INCOME The Company’s real estate properties held for sale and investment are leased to tenants under noncancellable leases with remaining terms ranging from one to nine years. Certain of the leases require the tenant to pay all or some operating expenses of the properties. The future minimum rental income from noncancellable operating leases due within the five years subsequent to December 31, 2015, and thereafter is as follows: Year ending December 31: 2016 $ 4,237,991 2017 2,013,068 2018 1,727,579 2019 1,330,016 2020 597,827 Thereafter (through 2024) 1,390,454 $ 11,296,935

Note 14 - Fair Value

Note 14 - Fair Value	12 Months Ended
	Dec. 31, 2015
Fair Value Disclosures [Abstract]
Fair Value Disclosures [Text Block]	NOTE 14 - FAIR VALUE The Company measures its financial and nonfinancial assets and liabilities pursuant to ASC 820 – Fair Value Measurements and Disclosures 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 Company’s own data or assumptions Level 3 inputs include unobservable inputs that are used when there is little, if any, market activity for the asset or liability measured at fair value. In certain cases, the inputs used to measure fair value fall into different levels of the fair value hierarchy. In such cases, the level in which the fair value measurement in its entirety falls is determined based on the lowest level input that is significant to the fair value measurement. The Company’s assessment of the significance of a particular input requires judgment and considers factors specific to the asset or liability being measured. Management monitors the availability of observable market data to assess the appropriate classification of financial instruments within the fair value hierarchy. Changes in economic conditions or model-based valuation techniques may require the transfer of financial instruments from one fair value level to another. In such instances, the transfer is reported at the beginning of the reporting period. Management evaluates the significance of transfers between levels based upon the nature of the financial instrument and size of the transfer relative to total assets, total liabilities or total earnings. The following is a description of the Company’s valuation methodologies used to measure and disclose the fair values of its financial and nonfinancial assets and liabilities on a recurring and nonrecurring basis. Impaired Loans The Company does not record loans at fair value on a recurring basis. However, from time to time, a loan is considered impaired and an allowance for loan losses is established. A loan is considered impaired when, based on current information and events, it is probable that the Company will be unable to collect all amounts due according to the contractual terms of the loan agreement or when monthly payments are delinquent greater than ninety days. Once a loan is identified as impaired, management measures impairment in accordance with ASC 310-10-35. Impairment is estimated by either the present value of expected cash flows discounted at the note rate or, as a practical expedient, the loan’s 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, broker price opinions, comparable property sales or other indications of value. Those impaired loans not requiring an allowance represent loans for which the fair value of the collateral exceed the recorded investments in such loans. At December 31, 2015 and 2014, 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 an appraisal includes significant unobservable inputs and assumptions or when management determines an adjustment to the appraised value is necessary in order to reflect management’s estimate of the fair value of the collateral, 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 properties held for sale are carried at the lower of carrying value or fair value less costs to sell. The Company periodically compares the carrying value of real estate held for investment to expected future cash flows as determined by internally or third party generated valuations (including third party appraisals that primarily utilize an income or market approach or some combination of the two) for the purpose of assessing the recoverability of the recorded amounts. If the carrying value exceeds future undiscounted cash flows, the assets are reduced to fair value. As fair value is generally based upon an appraisal that may include observable data, unobservable data, or a combination thereof, the Company records these assets as nonrecurring Level 2 or Level 3 based on the same factors discussed in the impaired loans section above. There were no assets or liabilities measured at fair value on a recurring basis, nor were there any liabilities measured at fair value on a nonrecurring bases at December 31, 2015 and 2014. The following table presents information about the Company’s assets measured at fair value on a nonrecurring basis as of December 31, 2015 and 2014: Fair Value Measurements Using Carrying Value Quoted Prices In Active Markets for Identical Assets Significant Other Observable Inputs Significant Unobservable Inputs 201 5 Nonrecurring: Impaired loans: Commercial $ 659,041 $ — $ — $ 659,041 Total $ 659,041 $ — $ — $ 659,041 Real estate properties: Land $ 4,224,000 $ — $ — $ 4,224,000 Total $ 4,224,000 $ — $ — $ 4,224,000 201 4 Nonrecurring: Impaired loans: Commercial $ 529,689 $ — $ — $ 529,689 Residential 6,144,000 — — 6,144,000 Total $ 6,673,689 $ — $ — $ 6,673,689 Real estate properties: Commercial $ 1,292,500 $ — $ — $ 1,292,500 Land 2,334,773 2,334,773 Total $ 3,627,273 $ — $ — $ 3,627,273 The reversal of loan losses (net) based on the fair value of loan collateral less estimated selling costs for the impaired loans above totaled approximately $64,000 and $1,236,000 during the years ended December 31, 2015 and 2014, respectively. In addition to the $64,000 for the year ended December 31, 2015, another $1,840,000 of allowance for loan losses was reversed on a loan that had a specific reserve at December 31, 2014, but no specific reserve at December 31, 2015 and is thus, no longer carried at fair value. Impairment losses of approximately $1,589,000 and $179,000 were recorded on the real estate properties above during the years ended December 31, 2015 and 2014, respectively. During the years ended December 31, 2015 and 2014, there were no transfers into or out of Levels 1 and 2. The following table presents quantitative information about Level 3 fair value measurements for financial instruments measured at fair value on a non-recurring basis at December 31, 2015 and 2014: At December 31, 2015: Description Fair Value Valuation Significant Unobservable Inputs Input / Range Weighted Average Impaired Loans: Commercial $ 659,041 Appraisal Estimate of Future Improvements 31.9% N/A Capitalization Rate 7.0% N/A Comparable Sales Adjustment (20)% to 30% N/A Real Estate Properties: Land $ 4,224,000 Appraisal Comparable Sales Adjustment (33.4)% N/A At December 31, 2014: Description Fair Value Valuation Significant Unobservable Inputs Input / Range Weighted Average Impaired Loans: Commercial $ 529,689 Appraisal Estimate of Future Improvements 13.6% N/A Capitalization Rate 6.5% N/A Comparable Sales Adjustment (59)% to (2.3)% N/A Residential $ 6,144,000 Appraisal Estimate of Future Improvements 1.8% N/A Discount Rate 12% N/A Comparable Sales Adjustment (10)% to 20% N/A Real Estate Properties: Commercial $ 1,292,500 Appraisal Comparable Purchase Offers (42)% to 13.4% N/A Land $ 2,334,773 Appraisal Comparable Sales Adjustment 5% to 62.8% 7.5% Discount Rate 8% N/A 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. A weighted average of an unobservable input is presented in the table above only to the extent there were multiple impaired loans or real estate properties within that class measured at fair value on a nonrecurring basis. The approximate carrying amounts and estimated fair values of financial instruments at December 31, 2015 and 2014 are as follows: Fair Value Measurements at December 31 , 201 5 Carrying Value Level 1 Level 2 Level 3 Total Financial assets Cash and cash equivalents $ 1,256,000 $ 1,256,000 $ — $ — $ 1,256,000 Restricted cash 7,225,000 7,225,000 — — 7,225,000 Loans, net 104,901,000 — — 104,895,000 104,895,000 Investment in limited liability company 2,141,000 — — 2,850,000 2,850,000 Accrued interest and advances receivable 1,105,000 — — 1,105,000 1,105,000 Financial liabilities Due to Manager $ 409,000 $ — $ 409,000 $ — $ 409,000 Accrued interest payable 229,000 — 211,000 18,000 229,000 Lines of credit payable 20,916,000 — 20,916,000 — 20,916,000 Notes payable 46,117,000 — 28,703,000 17,245,000 45,948,000 Fair Value Measurements at December 31 , 201 4 Carrying Value Level 1 Level 2 Level 3 Total Financial assets Cash and cash equivalents $ 1,414,000 $ 1,414,000 $ — $ — $ 1,414,000 Restricted cash 6,249,000 6,249,000 — — 6,249,000 Loans, net 65,164,000 — — 66,009,000 66,009,000 Investment in limited liability company 2,143,000 — — 2,352,000 2,352,000 Accrued interest and advances receivable 838,000 — — 838,000 838,000 Financial liabilities Due to Manager $ 284,000 $ — $ 284,000 $ — $ 284,000 Accrued interest payable 175,000 — 113,000 62,000 175,000 Lines of credit payable 11,450,000 — 11,450,000 — 11,450,000 Notes payable 37,570,000 — 24,428,000 13,155,000 37,583,000 The following methods and assumptions were used by the Company in estimating the fair value of each class of financial instruments: Cash, cash e quivalents and r estricted c ash: Loans , net : Investment in limited liability company : Lines of credit payable: Notes and loans payable: Due to Manager :

Note 15 - Commitments and Conti

Note 15 - Commitments and Contingencies	12 Months Ended
	Dec. 31, 2015
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies Disclosure [Text Block]	NOTE 15 - COMMITMENTS AND CONTINGENCIES Environmental Remediation Obligation s 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 would be needed to 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 the remediation costs. As of December 31, 2015 and 2014, the remaining liability totaled approximately $36,000 and $60,000, respectively. In February 2016, the Company obtained a no further action letter from the water board, which effectively relieves the Company of any future remediation responsibility for the site. During the course of due diligence performed by a potential buyer of TOTB Miami during 2012, a low level of arsenic was found in the ground water of a monitoring well located on the property owned by TOTB Miami. 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 Miami has retained an environmental consultant to perform additional testing and analysis with the goal of petitioning the appropriate governmental agency to issue a no further action letter for this property due to the low level of contamination and the low quality of the ground water under the property. At this time, the costs of any potential remediation and/or monitoring are unknown and cannot be estimated. As of December 31, 2015 and 2014, approximately $104,000 and $79,000, respectively, had been paid/accrued to perform testing and analysis. Contractual Obligations The Company has entered into various contracts for design, architectural, engineering, foundation work and construction for the phase II development of the land previously owned by TSV and now owned by Zalanta Resort at the Village, LLC (“Zalanta”). The aggregate amount of these contracts totaled approximately $30,606,000 of which approximately $3,855,000 has been incurred as of December 31, 2015 in addition to other capitalized costs related to the construction project of $1,690,000 (total of $5,745,000). Management expects that all costs for this project will be paid from cash reserves, advances from the lines or credit and/or construction financing to be obtained in the future. It is possible that additional change orders will be submitted and construction costs may be higher than expected. The Company has also entered into contracts for design, architectural, engineering, demolition, concrete remediation and construction related to the renovation of the vacant apartment building owned by TOTB North in the aggregate amount of approximately $21,289,000 of which approximately $18,205,000 has been incurred to December 31, 2015 in addition to other capitalized costs related to the construction project of $1,969,000 (total of $20,174,000). Management expects that all costs for this project will be paid from cash reserves or the construction loan. It is possible that additional change orders will be submitted and construction costs may be higher than expected. As of December 31, 2015, the Company has commitments to advance additional funds to borrowers of construction, rehabilitation and other loans in the total amount of approximately $16,395,000 (including approximately $1,923,000 in interest reserves). Legal Proceedings The Company is involved in various legal actions arising in the normal course of business. In the opinion of management, such matters will not have a material effect upon the financial position of the Company.

Note 16 - Subsequent Events

Note 16 - Subsequent Events	12 Months Ended
	Dec. 31, 2015
Subsequent Events [Abstract]
Subsequent Events [Text Block]	NOTE 16 – SUBSEQUENT EVENTS Sale of Certain Real Estate . Amendment to CB&T Credit Facility .

Note 17 - Summary Quarterly Con

Note 17 - Summary Quarterly Consolidated Financial Information (Unaudited)	12 Months Ended
	Dec. 31, 2015
Quarterly Financial Information Disclosure [Abstract]
Quarterly Financial Information [Text Block]	NOTE 17 – SUMMARY QUARTERLY CONSOLIDATED FINANCIAL INFORMATION ( UNAUDITED ) The following tables represent unaudited summarized quarterly financial data of the Company for the years ended December 31, 2015, 2014 and 2013 which, in the opinion of management, reflects all adjustments, consisting only of normal recurring adjustments, necessary for a fair presentation of the Company's results of operations. Three Months Ended December 31, 2015 September 30, 2015 June 30, 2015 March 31, 2015 Total revenues $ 4,432,455 $ 4,414,217 $ 5,987,048 6,409,831 Total expenses 2,817,184 3,998,225 4,463,246 5,453,674 Operating income 1,615,271 415,992 1,523,802 956,157 Gain on sale of real estate, net 6,787,254 — 14,825,858 205,441 Gain on foreclosure of loans — — — — Net income before income tax expense 8,402,525 415,992 16,349,660 1,161,598 Income tax expense 93,335 — — — Net income 8,309,190 415,992 16,349,660 1,161,598 Less: Net income attributable to non-controlling interests (36,891 ) (31,671 ) (2,588,884 ) (9,878 ) Net income attributable to common stockholders $ 8,272,299 $ 384,321 $ 13,760,776 $ 1,151,720 Earnings per common share (basic and diluted) $ 0.80 $ 0.04 $ 1.28 $ 0.11 Weighted average number of common shares outstanding (basic and diluted) 10,310,149 10,538,735 10,768,001 10,768,001 Dividends declared per share of Common Stock $ 0.08 $ 0.08 $ 0.18 $ 0.07 Three Months Ended December 31, 2014 September 30, 2014 June 30, 2014 March 31 , 2014 Total revenues $ 5,192,110 $ 4,705,357 $ 4,054,311 3,868,473 Total expenses 2,315,046 3,950,850 3,569,826 3,597,568 Operating income 2,877,064 754,507 484,485 270,905 Gain on sale of real estate, net 503,254 113,113 2,349,808 277,184 Gain on foreclosure of loans 207,734 — — 257,020 Net income 3,588,052 867,620 2,834,293 805,109 Less: Net income attributable to non-controlling interests (13,693 ) (83,797 ) (23,409 ) (44,546 ) Net income attributable to common stockholders $ 3,574,359 $ 783,823 $ 2,810,884 $ 760,563 Earnings per common share (basic and diluted) $ 0.33 $ 0.07 $ 0.26 $ 0.07 Weighted average number of common shares outstanding (basic and diluted) 10,768,001 10,768,001 10,768,001 10,769,498 Dividends declared per share of Common Stock $ 0.12 $ 0.05 $ 0.05 $ 0.05 Three Months Ended December 31, 2013 September 30, 2013 June 30, 2013 March 31, 2013 Total revenues $ 3,519,922 $ 3,676,957 $ 3,560,035 3,652,441 Total expenses 3,558,651 3,223,871 (2,526,996 ) 3,231,443 Operating income (loss) (38,729 ) 453,086 6,087,031 420,998 Gain on sale of real estate, net 230,765 251,887 2,429,872 30,337 Gain on foreclosure of loans — — — 952,357 Net income 192,036 704,973 8,516,903 1,403,692 Less: Net (income) loss attributable to non-controlling interests (21,162 ) (3,899 ) (2,085,886 ) 26,240 Net income attributable to common stockholders $ 170,874 $ 701,074 $ 6,431,017 $ 1,429,932 Earnings per common share (basic and diluted) $ 0.02 $ 0.06 $ 0.57 $ 0.13 Weighted average number of common shares outstanding (basic and diluted) 10,920,690 11,196,646 11,198,119 11,198,119 Dividends declared per share of Common Stock $ 0.05 $ 0.05 $ 0.15 $ 0.00

Financial Statement Schedule II

Financial Statement Schedule III - Real Estate and Accumulated Depreciation	12 Months Ended
	Dec. 31, 2015
SEC Schedule III, Real Estate and Accumulated Depreciation Disclosure [Abstract]
SEC Schedule III, Real Estate and Accumulated Depreciation Disclosure [Text Block]	OWENS REALTY MORTGAGE, INC. FINANCIAL STATEMENT SECHEDULE III - REAL ESTATE AND ACCUMULATED DEPRECIATION DECEMBER 31, 2015 Description Encumbrances Initial Cost Capitalized Costs Sales Impairment Writedowns Accumulated Depreciation Carrying Value Date Acquired Depreciable Lives (Years) 169 Condominium Units & 160 Unit Vacant Apartment Building Under Renovation, Miami, Florida $28,703,137 Note and Construction Loan Payable $ 31,768,696 $ 20,173,905 $ — $ — $ — Note 4 $ 51,942,601 2/2/2011 N/A Commercial Residential Land under Development (TSV), South Lake Tahoe, California $2,900,000 Note Payable 10,822,156 12,272,325 — — — 23,094,481 Various N/A Retail Complex (TSV), South Lake Tahoe, California $14,013,901 Note Payable 6,409,617 17,469,822 — — (756,725 ) 23,122,714 Various 5 - 39 Commercial Residential Land under Development (Zalanta), South Lake Tahoe, California $500,000 Note Payable 7,049,406 5,744,855 — — — 12,794,261 Various N/A Residential and Commercial Land, Gypsum, Colorado None 9,600,000 53,434 — (5,429,434 ) — Note 5 4,224,000 10/1/2011 N/A Assisted Living Facility, Bensalem, Pennsylvania None 5,018,166 567,184 — — (182,974 ) 5,402,376 12/12/2014 5 - 27.5 Medical Office Condominium Complex, Gilbert, Arizona None 4,535,781 180,706 — — — Note 6 4,716,487 5/19/2010 N/A 60 Condominium Units, Lakewood, Washington None 6,616,881 65,503 — (1,882,384 ) (580,343 ) Note 7 4,219,657 8/20/2010 27.5 Office Condominium Complex, Roseville, California None 8,569,286 303,178 (1,095,670 ) (3,712,707 ) (505,701 ) Note 8 3,558,386 9/26/2008 2 - 39 75 Residential Lots, Auburn, California None 13,746,625 36,745 — (9,904,826 ) — Note 9 3,878,544 9/27/2007 N/A 12 Condominium & 3 Commercial Units, Tacoma, Washington None 2,486,400 84,909 — — (211,072 ) 2,360,237 7/8/2011 27.5 - 39 Marina & Boat Club with 179 Boat Slips, Isleton, California None 2,002,525 680,727 — — (82,892 ) 2,600,360 1/29/2013 5 - 15 Undeveloped, Industrial Land, San Jose, California None 3,025,992 — — (1,067,592 ) — Note 10 1,958,400 12/27/2002 N/A Golf Course, Auburn, California None 2,063,970 123,640 — — (246,365 ) 1,941,245 6/20/2009 10 - 39 Unimproved residential and commercial land, Bethel Island, California None 2,336,640 — (1,867 ) — — 2,334,773 3/11/2014 N/A Miscellaneous Real Estate None (349,524 ) 5,689,890 Various Various TOTALS $ (2,915,596 ) $ 153,838,412 NOTE 1: All real estate listed above was acquired through foreclosure or deed in lieu of foreclosure other than certain parcels of the commercial and residential land under development located in South Lake Tahoe, California that was purchased in 2012 and 2014 and one office condominium unit purchased in 2015. NOTE 2: Changes in real estate held for sale and investment were as follows: Balance at beginning of period (1/1/13) $ 127,773,349 Additions during period: Acquisitions through foreclosure 19,602,478 Investments in real estate properties 9,017,333 Subtotal 156,393,160 Deductions during period: Cost of real estate properties sold 18,023,870 Impairment losses on real estate properties 666,240 Depreciation of properties held for investment 2,387,086 Balance at end of period (12/31/13) $ 135,315,964 Balance at beginning of period (1/1/14) $ 135,315,964 Additions during period: Acquisitions through foreclosure 9,572,406 Investments in real estate properties 21,866,298 Amortization of deferred financing costs capitalized to construction project 120,952 Subtotal 166,875,620 Deductions during period: Cost of real estate properties sold 1,529,227 Impairment losses on real estate properties 179,040 Depreciation of properties held for investment 2,150,548 Balance at end of period (12/31/14) $ 163,016,805 Balance at beginning of period (1/1/15) 163,016,805 Additions during period: Acquisitions through foreclosure — Investments in real estate properties 25,274,125 Amortization of deferred financing costs capitalized to construction project 207,347 Subtotal 188,498,277 Deductions during period: Cost of real estate properties sold 31,099,086 Impairment losses on real estate properties 1,589,434 Depreciation of properties held for investment 1,971,345 Balance at end of period (12/31/15) $ 153,838,412 NOTE 3: Changes in accumulated depreciation were as follows: Balance at beginning of period (1/1/13) $ 6,518,160 Additions during period: Depreciation expense 2,387,086 Previous accumulated depreciation on real estate moved back to held for investment 849,125 Subtotal 9,754,371 Deductions during period: Accumulated depreciation of real estate sold during 2013 8,663 Accumulated depreciation on real estate moved to held for sale 145,989 Balance at end of period (12/31/13) $ 9,599,719 Balance at beginning of period (1/1/14) $ 9,599,719 Additions during period: Depreciation expense 2,150,548 Subtotal 11,750,267 Deductions during period: Accumulated depreciation on real estate moved to held for sale 5,674,980 Balance at end of period (12/31/14) $ 6,075,287 Balance at beginning of period (1/1/15) 6,075,287 Additions during period: Depreciation expense 1,971,345 Subtotal 8,046,632 Deductions during period: Accumulated depreciation on real estate moved to held for sale 5,131,036 Balance at end of period (12/31/15) $ 2,915,596 NOTE 4: Property was moved to Held for Sale during 2015 and accumulated depreciation up to that time of $2,791,304 is shown net with the Initial Cost above. NOTE 5: Write-downs totaling $5,429,434 were recorded on this property during 2012 and 2015 based on third party appraisals and a reduction in the listing price. NOTE 6: Property was moved to Held for Sale during 2014 and accumulated depreciation up to that time of $504,219 is shown net with the Initial Cost above. NOTE 7: A write-down of $1,608,100 was recorded on this property during 2011 based on a third party appraisal. Accumulated depreciation of $274,284 was netted with basis at time of write-down and is reflected in write-down amount above. NOTE 8: Write-downs totaling $3,712,707 were recorded on this property during 2010 and 2011 based on third party appraisals and comparable sales. NOTE 9: Write-downs totaling $9,904,826 were recorded on this property during 2009 through 2012 based on broker's opinions of value and third party appraisals. NOTE 10: Write-downs totaling $1,067,592 were recorded on this property in 2010 through 2012 based on third party appraisals. NOTE 11: The aggregate cost of the above real estate properties for Federal income tax purposes is approximately $208,705,000.

Financial Statement Schedule IV

Financial Statement Schedule IV - Mortgage Loans on Real Estate	12 Months Ended
	Dec. 31, 2015
SEC Schedule IV Mortgage Loans On Real Estate Disclosure [Abstract]
SEC Schedule IV Mortgage Loans On Real Estate Disclosure [Text Block]	OWENS REALTY MORTGAGE, INC. FINANCIAL STATEMENT SCHEDULE IV - MORTGAGE LOANS ON REAL ESTATE DECEMBER 31, 2015 Description Interest Rate Final Maturity date Carrying Amount of Mortgages Principal Amount of Loans Subject to Delinquent Principal Principal Amount of Loans Subject to Delinquent Payments TYPE OF PROPERTY Commercial 5.00 - 10.00% Current to November 2018 $ 76,800,297 $ 1,078,752 $ 1,078,752 Residential 7.50 - 11.00% Current to March 2028 24,675,867 7,373,501 7,615,055 Land 8.00 - 9.00% February 2016 to April 2017 5,267,643 — — TOTAL $ 106,743,807 $ 8,452,253 $ 8,693,807 AMOUNT OF LOAN $0 - 500,000 7.50 - 8.50% February 2016 to March 2028 $ 2,127,129 $ — $ 241,554 $500,001 - 1,000,000 7.50 - 8.00% March 2016 to February 2018 8,452,554 — — $1,000,001 - 5,000,000 5.00 - 10.00% Current to November 2018 66,990,244 1,078,752 1,078,752 Over $5,000,000 7.50 - 11.00% Current to January 2018 29,173,880 7,373,501 7,373,501 TOTAL $ 106,743,807 $ 8,452,253 $ 8,693,807 POSITION OF LOAN First 5.00 - 11.00% Current to March 2028 $ 103,716,010 $ 8,452,253 $ 8,693,807 Second 7.75 - 8.25% June 2016 to July 2017 3,027,797 — — TOTAL $ 106,743,807 $ 8,452,253 $ 8,693,807 NOTE 1: All loans are arranged by or acquired from an affiliate of the Company, namely Owens Financial Group, Inc., the Manager. NOTE 2: Balance at beginning of period (1/1/13) $ 70,262,262 Additions during period: New loans, including from sales of real estate properties 31,618,852 Advances moved to principal of loans 22,880 Subtotal 101,903,994 Deductions during period: Collection of principal 15,641,192 Foreclosures 27,466,509 Balance at end of period (12/31/13) $ 58,796,293 Balance at beginning of period (1/1/14) $ 58,796,293 Additions during period: New loans 44,505,577 Discount accretion 122,004 Subtotal 103,423,874 Deductions during period: Collection of principal 27,718,917 Foreclosures 7,671,446 Balance at end of period (12/31/14) $ 68,033,511 Balance at beginning of period (1/1/15) $ 68,033,511 Additions during period: New loans, including from sale of real estate property 73,389,645 Discount accretion 536,816 Subtotal 141,959,972 Deductions during period: Collection of principal 35,216,165 Foreclosures — Balance at end of period (12/31/15) $ 106,743,807 NOTE 3: Included in the above loans are the following loans which exceed 3% of the total loans as of December 31, 2015: Description Interest Rate Final Maturity Date Periodic Payment Terms Prior Liens Face Amount of Mortgages Carrying Amount of Mortgages Principal Amount of Loans Subject to Delinquent Principal or Interest Office Building and Single Family Home Dublin, California 8.00 % 6/1/16 Interest and principal due monthly 0 8,500,000 8,465,379 0 Condominiums Phoenix, Arizona 11.00 % 7/1/09 Interest only, balance due at maturity 0 7,535,000 7,373,501 7,373,501 Office Building Dublin, California 7.50 % 1/1/18 Interest only, balance due at maturity 0 7,000,000 7,000,000 0 Hotel Novi, Michigan 7.75 % 12/31/17 Interest only, balance due at maturity 0 8,835,000 6,335,000 0 Storage Facility Stockton, California (carryback loan from sale of property) 7.50 % 2/29/16 Interest only, balance due at maturity 0 4,650,000 4,650,000 0 Unimproved Land Fairfield, California 9.00 % 4/15/17 Interest only, balance due at maturity 0 4,500,000 4,500,000 0 Office Building San Francisco, California 7.75 % 11/1/17 Interest only, balance due at maturity 0 4,250,000 4,250,000 0 Condominiums Las Vegas, Nevada 7.75 % 1/1/18 Interest only, balance due at maturity 0 3,920,000 3,680,000 0 Marina Tiburon, California 8.00 % 10/1/17 Interest only, Balance due at maturity 0 3,500,000 3,500,000 0 Office Building Chula Vista, California 7.50 % 11/1/18 Interest only, Balance due at maturity 0 5,600,000 3,232,998 0 TOTALS $ 0 $ 58,290,000 $ 52,986,878 $ 7,373,501 NOTE 4: The aggregate cost of the Company’s loans for Federal income tax purposes is approximately $106,744,000 as of December 31, 2015.

Accounting Policies, by Policy

Accounting Policies, by Policy (Policies)	12 Months Ended
	Dec. 31, 2015
Accounting Policies [Abstract]
Basis of Accounting, Policy [Policy Text Block]	Basis of Presentation The consolidated financial statements include the accounts of the Company and its majority and wholly owned limited liability companies. All significant inter-company transactions and balances have been eliminated in consolidation. The Company also has a 50% ownership interest in a limited liability company accounted for under the equity method (see Note 4). The Company is in the business of providing mortgage lending services and manages its business as one operating segment. Due to foreclosure activity, the Company also owns and manages real estate assets. Certain reclassifications have been made to the 2013 and 2014 consolidated financial statements to conform to the 2015 presentation. None of the reclassifications had an impact on net income or equity.
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 are inherently imprecise and actual results could differ significantly from such estimates.
New Accounting Pronouncements, Policy [Policy Text Block]	Recently Issued Accounting Standards In April 2015, the FASB issued Accounting Standards Update 2015-03, “Interest - Imputation of Interest (Subtopic 835-30) – Simplifying the Presentation of Debt Issuance Costs,” or ASU 2015-03. ASU 2015-03 simplifies the presentation of debt issuance costs by requiring that debt issuance costs related to a recognized debt liability be presented in the balance sheet as a direct reduction from the carrying amount of that debt liability, consistent with debt discounts. The recognition and measurement guidance for debt issuance costs are not affected by this ASU. The amendments in this ASU are effective for financial statements issued for fiscal years beginning after December 15, 2015, and interim periods within those fiscal years. The adoption of this ASU by the Company will change the presentation of debt issuance costs on its notes and loans payable, which will be reported as a direct offset to the applicable debt on the balance sheet. Pursuant to Accounting Standards Update 2015-15 that was issued by the FASB in August 2015, this treatment will not be required for the Company’s line of credit arrangements. In May 2014, the FASB issued ASU 2014-09, “Revenue from Contracts with Customers (Topic 606),” or ASU 2014-09. ASU 2014-09 broadly amends the accounting guidance for revenue recognition. ASU 2014-09 is effective for the first interim or annual period beginning after December 15, 2016 (deferred by one year to December 15, 2017 with ASU 2015-14 issued in August 2015) , and is to be applied prospectively. Early adoption is not permitted. The Company is currently evaluating the impact that ASU 2014-09 will have on its financial statements. In April 2014, the FASB issued Accounting Standards Update 2014-08, “ Presentation of Financial Statements (Topic 205) and Property, Plant, and Equipment (Topic 360): Reporting Discontinued Operations and Disclosures of Disposals of Components of an Entity”. ASU 2014-08 updated guidance that changes the criteria for determining which disposals can be presented as discontinued operations and modifies related disclosure requirements. Under the new guidance, a discontinued operation is defined as a disposal of a component or group of components that is disposed of or is classified as held for sale and represents a strategic shift that has (or will have) a major effect on an entity's operations and financial results. As a result of this new guidance, future dispositions of real estate owned assets may no longer meet the criteria to be considered as discontinued operations. The guidance was effective as of the first quarter of 2015 and did not have a material effect on the Company’s consolidated financial statements.
Cash and Cash Equivalents, Policy [Policy Text Block]	Cash and Cash Equivalents Cash and cash equivalents include funds on deposit with financial institutions.
Cash and Cash Equivalents, Restricted Cash and Cash Equivalents, Policy [Policy Text Block]	Restricted Cash Restricted cash includes contingency reserves required pursuant to the Company’s charter, non-interest bearing deposits required pursuant to the Company’s two lines of credit (see Note 7), the deposit required pursuant to the Company’s construction loan payable (see Note 8) and escrow deposits for property taxes and insurance to be paid on certain of the Company’s real estate properties (see Note 10).
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 generally stated at the principal amount outstanding. Advances under the terms of a loan to pay property taxes, insurance, legal and other costs are generally capitalized and reported as interest and other receivables. 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 using 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 is included in the recorded investment in the impaired loan that is measured as described below. 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 12). 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 the loan type, a loan is considered impaired when, based on current information and events, management believes it is probable that the Company will be unable to collect all amounts due, including principal and interest, according to the contractual terms of the original agreement or when the monthly payments are delinquent for more than 90 days on a loan. All loans determined to be impaired are individually evaluated for impairment. When a loan is 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 incurred losses inherent in the portfolio taken as a whole. The Company maintains a separate allowance for each portfolio segment (loan type). These portfolio segments include commercial real estate, residential real estate and land loans. The allowance for loan losses attributable to each portfolio segment, which includes both impaired loans that are individually evaluated for impairment and loans that are not considered impaired and are collectively evaluated for impairment, is combined to determine the Company’s overall allowance, which is included on the consolidated balance sheet. The reserve for loans that are not 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. Land Loans Commercial and Residential Real Estate Loans
Other Assets [Policy Text Block]	Other Assets Other assets primarily include deferred rent, capitalized lease commissions, prepaid expenses, deposits and inventory. Amortization of lease commissions is provided on the straight-line method over the lives of the related leases.
Deferred Charges, Policy [Policy Text Block]	Deferred Financing Costs Issuance and other costs related to the Company’s lines of credit and certain notes payable are capitalized and amortized to interest expense under either the straight-line or effective interest methods over the terms of the respective debt instruments. Deferred financing costs related to the construction loan in TOTB North, LLC are being amortized to the construction project under the straight-line method over the term of construction/renovation.
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.
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. Gains on the sale of real estate are recorded using the full accrual method whereby the amount by which the net sale proceeds exceeds the property’s carrying amount is recorded as gain in full on the date of sale if the following criteria are met: ● The gain is determinable, that is, the collectability of the sales price is reasonably assured or the amount that will not be collectible can be estimated. ● The earnings process is virtually complete, that is, the Company is not obliged to perform significant activities after the sale in order to earn the gain. Sales of real estate properties that do not meet the criteria for the full accrual method are accounted for as follows: ● Deposit method – If it is determined a sale has not consummated, the Company does not derecognize its recorded investment in the property and the transaction is accounted for under the deposit method whereby any initial investment from the buyer is accounted for as a deposit liability. ● Cost recovery method – If recovery of the cost of the property is not reasonably assured if the buyer defaults or if cost has already been recovered and collection of additional amounts is uncertain, the cost recovery method is used whereby no gain is recognized until cash payments from the buyer exceed the Company's recorded investment in the property sold. ● Installment method – If the buyer's initial investment is inadequate, as measured by its composition and its size compared with the sales value of the property, and if recovery of the carrying amount of the property is reasonably assured if the buyer defaults, the transaction is accounted for under the installment method whereby each cash receipt and principal payment by the buyer on debt assumed is allocated between cost recovered and gain. This allocation is in the same ratio as total cost and total gain bear to the sales value. ● Reduced profit method – If the buyer’s initial investment is adequate but the buyer’s continuing investment is inadequate, as measured by the annual payments required by the buyer compared to a 20-year fully-amortizing payment if the sold property is land and the a fully-amortizing payment at a customary amortization term of a first mortgage loan by an independent established lending institution if the sold property is other real estate, the gain is recognized using the reduced profit method whereby gain is determined by discounting the receivable from the buyer to the present value of the lowest level of annual payments required by the sales contract over a maximum period (20 years for land and customary underwriting terms for other real estate) and excluding requirements to pay lump sums. The present value is calculated using an appropriate interest rate, but not less than the rate stated in the sales contract. In order for the reduced profit method to be used, payments by the buyer each year must at least cover a) the interest and principal amortization on the maximum first mortgage loan that could be obtained on the property, and b) interest, at an appropriate rate, on the excess of the aggregate actual debt on the property over such a maximum first mortgage loan. If such criteria are not met, the Company may recognize gain on the sale using the installment method or cost recovery method.
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 the Company’s REIT status at risk or becoming 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 through an impairment loss charged to earnings. Subsequent increases in the fair value of such properties are not recorded unless they are realized. 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 shorter of their estimated useful lives or the lease terms. 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. Such real estate properties are recorded at the time of reclassification at their carrying amounts prior to reclassification or fair value, whichever is lower. This establishes the initial basis at which the properties are accounted for as held for sale, as described above. 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 15) 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 Common Share The Company calculates basic earnings per common share by dividing net income attributable to common stockholders for the period by the weighted-average shares of Common Stock outstanding for that period. Diluted earnings per common share takes into effect any dilutive instruments, unless if when doing so such effect would be anti-dilutive. At the present time, the Company has not issued any restricted stock or restricted stock units and has no other dilutive instruments.
Income Tax, Policy [Policy Text Block]	Income Taxes Income tax expense is the total of the current year income tax due or refundable and the change in deferred tax assets and liabilities, if any. Deferred tax assets and liabilities are the expected future tax amounts for the temporary differences between carrying amounts and tax bases of assets and liabilities, computed using enacted tax rates. A valuation allowance, if needed, reduces deferred tax assets to the amount that is “more likely than not” to be realized. The Company has elected to be taxed as a REIT. As a result of the Company’s 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, determined without regard to net capital gains, to the Company’s stockholders. If the Company has previously qualified as a REIT and fails to qualify as a REIT in any subsequent taxable year and does not qualify for certain statutory relief provisions, the Company will be subject to U.S. federal income taxes at regular corporate rates (including any applicable alternative minimum tax) and may be precluded from qualifying as a REIT for the Company’s four subsequent taxable years. Even if the Company qualifies for taxation as a REIT, the Company may be subject to certain U.S. federal, state, local and foreign taxes on the Company’s income and property and to U.S. federal income and excise taxes on the Company’s undistributed REIT taxable income. The Company has elected or may elect to treat certain of its existing or newly created corporate subsidiaries as taxable REIT subsidiaries (each a “ TRS” ). In general, a TRS of a REIT may hold assets that the REIT cannot hold directly and, subject to certain exceptions related to hotels and healthcare properties, may engage in any real estate or non-real estate related business. A TRS is treated as a regular corporation and is subject to federal, state, local and foreign taxes on its income and property. Lone Star Golf, Inc. is treated as a TRS of the Company. Gains on sales of certain properties may be taxable to the Company if such properties were held primarily for sale to customers in the ordinary course of business, as contemplated by Internal Revenue Code Section 1221(a)(1), or were identified as foreclosure property under the related REIT taxation rules. 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. A tax position is recognized as a benefit only if it is “more likely than not” that the position would be sustained in a tax examination, with a tax examination being presumed to occur. 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. There was no reserve for uncertain tax positions recorded as of December 31, 2015 and 2014. Interest and penalties related to income tax matters, if any, are recorded as part of income tax expense in the consolidated statement of income. Certain entities included in the Company’s consolidated financial statements are subject to certain state and local taxes. These taxes are recorded as general and administrative expenses in the accompanying consolidated financial statements.

Note 3 - Loans and Allowance 27

Note 3 - Loans and Allowance for Loan Losses (Tables)	12 Months Ended
	Dec. 31, 2015
Disclosure Text Block Supplement [Abstract]
Allowance for Credit Losses on Financing Receivables [Table Text Block]	2015 Commercial Residential Land Total Allowance for loan losses: Beginning balance $ 888,260 $ 1,975,112 $ 5,983 $ 2,869,355 Charge-offs — — — — Provision (Reversal) 252,270 (1,519,525 ) 240,329 (1,026,909 ) Ending balance $ 1,140,530 $ 455,587 $ 246,329 $ 1,842,446 Ending balance: individually evaluated for impairment $ 485,823 $ — $ — $ 485,823 Ending balance: collectively evaluated for impairment $ 654,707 $ 455,587 $ 246,329 $ 1,356,623 Ending balance $ 1,140,530 $ 455,587 $ 246,329 $ 1,842,446 Loans: Ending balance $ 76,800,297 $ 24,675,867 $ 5,267,643 $ 106,743,807 Ending balance: individually evaluated for impairment $ 1,078,752 $ 7,615,055 $ — $ 8,693,807 Ending balance: collectively evaluated for impairment $ 75,721,545 $ 17,060,812 $ 5,267,643 $ 98,050,000 201 4 Commercial Residential Land Total Allowance for loan losses: Beginning balance $ 932,651 $ 3,798,203 $ 8,234 $ 4,739,088 Charge-offs — — — — (Reversal) Provision (44,391 ) (1,823,091 ) (2,251 ) (1,869,733 ) Ending balance $ 888,260 $ 1,975,112 $ 5,983 $ 2,869,355 Ending balance: individually evaluated for impairment $ 550,010 $ 1,839,345 $ — $ 2,389,355 Ending balance: collectively evaluated for impairment $ 338,250 $ 135,767 $ 5,983 $ 480,000 Ending balance $ 888,260 $ 1,975,112 $ 5,983 $ 2,869,355 Loans: Ending balance $ 52,531,537 $ 13,491,906 $ 2,010,068 $ 68,033,511 Ending balance: individually evaluated for impairment $ 12,666,935 $ 7,788,747 $ 1,860,068 $ 22,315,750 Ending balance: collectively evaluated for impairment $ 39,864,602 $ 5,703,159 $ 150,000 $ 45,717,761 2013 Commercial Residential Land Total Allowance for loan losses: Beginning balance $ 1,493,585 $ 4,401,448 $ 18,522,864 $ 24,417,897 Charge-offs — — (11,856,697 ) (11,856,697 ) (Reversal) Provision (560,934 ) (603,245 ) (6,657,933 ) (7,822,112 ) Ending balance $ 932,651 $ 3,798,203 $ 8,234 $ 4,739,088
Past Due Financing Receivables [Table Text Block]	December 31, 2015 Loans 30-59 Days Past Due Loans 60-89 Days Past Due Loans 90 or More Days Past Due Total Past Due Loans Current Loans Total Loans Commercial $ — $ — $ 1,078,752 $ 1,078,752 $ 75,721,545 $ 76,800,297 Residential — — 7,615,055 7,615,055 17,060,812 24,675,867 Land — — — — 5,267,643 5,267,643 $ — $ — $ 8,693,807 $ 8,693,807 $ 98,050,000 $ 106,743,807 December 31, 2014 Loans 30-59 Days Past Due Loans 60-89 Days Past Due Loans 90 or More Days Past Due Total Past Due Loans Current Loans Total Loans Commercial $ — $ — $ 1,078,752 $ 1,078,752 $ 51,452,785 $ 52,531,537 Residential — — 7,788,747 7,788,747 5,703,159 13,491,906 Land — — 1,860,068 1,860,068 150,000 2,010,068 $ — $ — $ 10,727,567 $ 10,727,567 $ 57,305,944 $ 68,033,511
Impaired Financing Receivables [Table Text Block]	As of December 31, 201 5 Year Ended December 31, 201 5 Recorded Investment Unpaid Principal Balance Related Allowance Average Recorded Investment Interest Income Recognized With no related allowance recorded: Commercial $ — $ — $ — $ 2,300,846 $ 639,935 Residential 8,063,450 7,615,055 — 8,217,114 192,491 Land — — — 310,011 216,904 $ 8,063,450 $ 7,615,055 $ 10,827,971 $ 1,049,330 With an allowance recorded: Commercial $ 1,144,864 $ 1,078,752 $ 485,823 $ 1,119,594 $ 49,442 Residential — — — — — Land — — — — — $ 1,144,864 1,078,752 $ 485,823 $ 1,119,594 $ 49,442 Total: Commercial $ 1,144,864 $ 1,078,752 $ 485,823 $ 3,420,440 $ 689,377 Residential 8,063,450 7,615,055 — 8,217,114 192,491 Land — — — 310,011 216,904 $ 9,208,314 $ 8,693,807 $ 485,823 $ 11,947,565 $ 1,098,772 As of December 31, 201 4 Year Ended December 31, 201 4 Recorded Investment Unpaid Principal Balance Related Allowance Average Recorded Investment Interest Income Recognized With no related allowance recorded: Commercial $ 11,588,183 $ 11,588,183 $ — $ 16,686,997 $ 1,714,230 Residential 253,747 253,747 — 1,986,693 688,196 Land 1,860,068 1,860,068 — 2,440,015 173,484 $ 13,701,998 $ 13,701,998 $ — $ 21,113,705 $ 2,575,910 With an allowance recorded: Commercial $ 1,079,699 $ 1,078,752 $ 550,010 $ 1,079,681 $ 47,958 Residential 7,983,345 7,535,000 1,839,345 7,983,366 150,000 Land — — — — — $ 9,063,044 $ 8,613,752 $ 2,389,355 $ 9,063,047 $ 197,958 Total: Commercial $ 12,667,882 $ 12,666,935 $ 550,010 $ 17,766,678 $ 1,762,188 Residential 8,237,092 7,788,747 1,839,345 9,970,059 838,196 Land 1,860,068 1,860,068 — 2,440,015 173,484 $ 22,765,042 $ 22,315,750 $ 2,389,355 $ 30,176,752 $ 2,773,868 Year Ended December 31, 2013 Average Recorded Investment Interest Income Recognized With no related allowance recorded: Commercial $ 10,880,512 $ 704,623 Residential 2,841,401 134,702 Land 4,984,885 259,281 $ 18,706,798 $ 1,098,606 With an allowance recorded: Commercial $ 1,079,699 $ 21,000 Residential 7,983,342 198,100 Land 8,761,503 — $ 17,824,544 $ 219,100 Total: Commercial $ 11,960,211 $ 725,623 Residential 10,824,743 332,802 Land 13,746,388 259,281 $ 36,531,342 $ 1,317,706
Troubled Debt Restructurings on Financing Receivables [Table Text Block]	Modifications During the Year Ended December 31, 2014 Number of Contracts Pre-Modification Outstanding Recorded Investment Post-Modification Outstanding Recorded Investment Troubled Debt Restructurings That Occurred During the Year Land 1 $ 1,860,068 $ 1,860,068 Modifications During the Year Ended December 31, 2013 Number of Contracts Pre-Modification Outstanding Recorded Investment Post-Modification Outstanding Recorded Investment Troubled Debt Restructurings That Occurred During the Year Commercial 1 $ 2,638,530 $ 8,966,179 Residential 1 272,028 272,028
Schedule of Debtor Troubled Debt Restructuring, Subsequent Periods [Table Text Block]	Troubled Debt Restructurings That Subsequently Defaulted During the Year Number of Contracts Recorded Investment Residential 1 $ 272,028

Note 5 - Real Estate Held for28

Note 5 - Real Estate Held for Sale (Tables)	12 Months Ended
	Dec. 31, 2015
Disclosure Text Block [Abstract]
Properties Acquired Through Foreclosure [Table Text Block]	December 31, 2015 December 31, 2014 Residential $ 51,942,601 $ — Land (including land under development) 42,071,143 36,263,330 Retail — 16,494,440 Golf course — 2,020,410 Office 4,716,487 4,716,159 Industrial 1,460,935 — $ 100,191,166 $ 59,494,339

Note 6 - Real Estate Held for29

Note 6 - Real Estate Held for Investment (Tables)	12 Months Ended
	Dec. 31, 2015
Note 6 - Real Estate Held for Investment (Tables) [Line Items]
Schedule of Real Estate Properties [Table Text Block]	Description Encumbrances Initial Cost Capitalized Costs Sales Impairment Writedowns Accumulated Depreciation Carrying Value Date Acquired Depreciable Lives (Years) 169 Condominium Units & 160 Unit Vacant Apartment Building Under Renovation, Miami, Florida $28,703,137 Note and Construction Loan Payable $ 31,768,696 $ 20,173,905 $ — $ — $ — Note 4 $ 51,942,601 2/2/2011 N/A Commercial Residential Land under Development (TSV), South Lake Tahoe, California $2,900,000 Note Payable 10,822,156 12,272,325 — — — 23,094,481 Various N/A Retail Complex (TSV), South Lake Tahoe, California $14,013,901 Note Payable 6,409,617 17,469,822 — — (756,725 ) 23,122,714 Various 5 - 39 Commercial Residential Land under Development (Zalanta), South Lake Tahoe, California $500,000 Note Payable 7,049,406 5,744,855 — — — 12,794,261 Various N/A Residential and Commercial Land, Gypsum, Colorado None 9,600,000 53,434 — (5,429,434 ) — Note 5 4,224,000 10/1/2011 N/A Assisted Living Facility, Bensalem, Pennsylvania None 5,018,166 567,184 — — (182,974 ) 5,402,376 12/12/2014 5 - 27.5 Medical Office Condominium Complex, Gilbert, Arizona None 4,535,781 180,706 — — — Note 6 4,716,487 5/19/2010 N/A 60 Condominium Units, Lakewood, Washington None 6,616,881 65,503 — (1,882,384 ) (580,343 ) Note 7 4,219,657 8/20/2010 27.5 Office Condominium Complex, Roseville, California None 8,569,286 303,178 (1,095,670 ) (3,712,707 ) (505,701 ) Note 8 3,558,386 9/26/2008 2 - 39 75 Residential Lots, Auburn, California None 13,746,625 36,745 — (9,904,826 ) — Note 9 3,878,544 9/27/2007 N/A 12 Condominium & 3 Commercial Units, Tacoma, Washington None 2,486,400 84,909 — — (211,072 ) 2,360,237 7/8/2011 27.5 - 39 Marina & Boat Club with 179 Boat Slips, Isleton, California None 2,002,525 680,727 — — (82,892 ) 2,600,360 1/29/2013 5 - 15 Undeveloped, Industrial Land, San Jose, California None 3,025,992 — — (1,067,592 ) — Note 10 1,958,400 12/27/2002 N/A Golf Course, Auburn, California None 2,063,970 123,640 — — (246,365 ) 1,941,245 6/20/2009 10 - 39 Unimproved residential and commercial land, Bethel Island, California None 2,336,640 — (1,867 ) — — 2,334,773 3/11/2014 N/A Miscellaneous Real Estate None (349,524 ) 5,689,890 Various Various TOTALS $ (2,915,596 ) $ 153,838,412
Impairment Losseson Real Estate Held For Investment [Table Text Block]	201 3 Two improved residential lots, West Sacramento, California $ 13,440 Six improved residential lots, Coeur D’Alene, Idaho 652,800 $ 666,240
By Property [Member]
Note 6 - Real Estate Held for Investment (Tables) [Line Items]
Schedule of Real Estate Properties [Table Text Block]	December 31, 2015 December 31, 2014 Land $ 8,112,676 $ 10,797,656 Residential 6,673,540 48,154,258 Retail 23,122,714 23,211,896 Office 4,315,608 4,416,108 Industrial — 4,486,797 Storage — 3,847,884 Marina 4,079,087 3,602,867 Assisted care 5,402,376 5,005,000 Golf course 1,941,245 — $ 53,647,246 $ 103,522,466 December 31, 2015 December 31, 2014 Land and land improvements $ 23,443,676 $ 39,003,422 Buildings and improvements 33,119,166 70,594,331 56,562,842 109,597,753 Less: Accumulated depreciation and amortization (2,915,596 ) (6,075,287 ) $ 53,647,246 $ 103,522,466

Note 7 - Lines of Credit Paya30

Note 7 - Lines of Credit Payable (Tables)	12 Months Ended
	Dec. 31, 2015
Debt Disclosure [Abstract]
Schedule of Line of Credit Facilities [Table Text Block]	As of December 31, 2015 As of December 31, 2014 Outstanding Balance Total Commitment Outstanding Balance Total Commitment CB&T Line of Credit $ 8,289,500 $ 22,574,753 $ 11,450,000 $ 17,355,000 Opus Bank Line of Credit 12,626,000 12,626,000 — 16,721,000 Total $ 20,915,500 $ 35,200,753 $ 11,450,000 $ 34,076,000
Schedule of Financial Instruments Owned and Pledged as Collateral [Table Text Block]	Loans: December 31 , 201 5 Commercial $ 30,449,442 Residential 917,016 Total $ 31,366,458 December 31 , 201 5 Loans: Commercial $ 8,465,379 Real Estate: Office 8,976,770 Industrial 1,460,935 Total $ 10,437,705

Note 8 - Notes and Loans Paya31

Note 8 - Notes and Loans Payable on Real Estate (Tables)	12 Months Ended
	Dec. 31, 2015
Disclosure Text Block [Abstract]
Schedule of Debt [Table Text Block]	December 31, 2015 December 31, 2014 Interest Rate Payment Terms/ Frequency Maturity Date 720 University, LLC Note Payable $ — $ 9,741,463 N/A N/A Paid Off Tahoe Stateline Venture, LLC Note #1 2,900,000 2,900,000 5.00% Interest Only Semi-annual December 2016 Tahoe Stateline Venture, LLC Note #3 500,000 500,000 5.00% Interest Only Quarterly August 2017 TOTB North, LLC Construction Loan Payable 16,009,906 1,007,919 4.61% Amortizing Monthly June 2017 TOTB Miami, LLC Loan Payable 12,693,231 12,975,167 4.61% Amortizing Monthly November 2017 Tahoe Stateline Venture, LLC Loan Payable 14,013,901 10,445,000 3.47% Amortizing Monthly January 2021 $ 46,117,038 $ 37,569,549
Schedule of Maturities of Long-term Debt [Table Text Block]	Years ending December 31: 2016 $ 3,574,670 2017 29,299,854 2018 406,209 2019 420,531 2020 435,358 Thereafter 11,980,416 $ 46,117,038

Note 9- Stockholders' Equity (T

Note 9- Stockholders' Equity (Tables)	12 Months Ended
	Dec. 31, 2015
Stockholders' Equity Note [Abstract]
Dividends Declared [Table Text Block]	Dividend s Classified as Capital Gain Dividend Classified as Capital Year Total (4) Dividend s Percent Dividend s Qualified 5 ) Percent Dividend Percent Dividend s Common Stock: 2015 (1) $ 4,347,331 $ 0.410 100.00 % $ 0.410 — — — 00.00 % $ 0.000 2014 (2) $ 3,087,360 $ 0.287 100.00 % $ 0.255 — — — 00.00 % $ 0.000 2013 (3) $ 2,530,290 $ 0.227 28.45 % $ 0.023 — — — 71.55 % $ 0.204

Note 13 - Rental Income (Tables

Note 13 - Rental Income (Tables)	12 Months Ended
	Dec. 31, 2015
Leases [Abstract]
Schedule of Future Minimum Rental Payments for Operating Leases [Table Text Block]	Year ending December 31: 2016 $ 4,237,991 2017 2,013,068 2018 1,727,579 2019 1,330,016 2020 597,827 Thereafter (through 2024) 1,390,454 $ 11,296,935

Note 14 - Fair Value (Tables)

Note 14 - Fair Value (Tables)	12 Months Ended
	Dec. 31, 2015
Fair Value Disclosures [Abstract]
Fair Value Measurements, Nonrecurring [Table Text Block]	Fair Value Measurements Using Carrying Value Quoted Prices In Active Markets for Identical Assets Significant Other Observable Inputs Significant Unobservable Inputs 201 5 Nonrecurring: Impaired loans: Commercial $ 659,041 $ — $ — $ 659,041 Total $ 659,041 $ — $ — $ 659,041 Real estate properties: Land $ 4,224,000 $ — $ — $ 4,224,000 Total $ 4,224,000 $ — $ — $ 4,224,000 201 4 Nonrecurring: Impaired loans: Commercial $ 529,689 $ — $ — $ 529,689 Residential 6,144,000 — — 6,144,000 Total $ 6,673,689 $ — $ — $ 6,673,689 Real estate properties: Commercial $ 1,292,500 $ — $ — $ 1,292,500 Land 2,334,773 2,334,773 Total $ 3,627,273 $ — $ — $ 3,627,273
Fair Value Inputs, Assets, Quantitative Information [Table Text Block]	Description Fair Value Valuation Significant Unobservable Inputs Input / Range Weighted Average Impaired Loans: Commercial $ 659,041 Appraisal Estimate of Future Improvements 31.9% N/A Capitalization Rate 7.0% N/A Comparable Sales Adjustment (20)% to 30% N/A Real Estate Properties: Land $ 4,224,000 Appraisal Comparable Sales Adjustment (33.4)% N/A Description Fair Value Valuation Significant Unobservable Inputs Input / Range Weighted Average Impaired Loans: Commercial $ 529,689 Appraisal Estimate of Future Improvements 13.6% N/A Capitalization Rate 6.5% N/A Comparable Sales Adjustment (59)% to (2.3)% N/A Residential $ 6,144,000 Appraisal Estimate of Future Improvements 1.8% N/A Discount Rate 12% N/A Comparable Sales Adjustment (10)% to 20% N/A Real Estate Properties: Commercial $ 1,292,500 Appraisal Comparable Purchase Offers (42)% to 13.4% N/A Land $ 2,334,773 Appraisal Comparable Sales Adjustment 5% to 62.8% 7.5% Discount Rate 8% N/A
Fair Value, by Balance Sheet Grouping [Table Text Block]	Fair Value Measurements at December 31 , 201 5 Carrying Value Level 1 Level 2 Level 3 Total Financial assets Cash and cash equivalents $ 1,256,000 $ 1,256,000 $ — $ — $ 1,256,000 Restricted cash 7,225,000 7,225,000 — — 7,225,000 Loans, net 104,901,000 — — 104,895,000 104,895,000 Investment in limited liability company 2,141,000 — — 2,850,000 2,850,000 Accrued interest and advances receivable 1,105,000 — — 1,105,000 1,105,000 Financial liabilities Due to Manager $ 409,000 $ — $ 409,000 $ — $ 409,000 Accrued interest payable 229,000 — 211,000 18,000 229,000 Lines of credit payable 20,916,000 — 20,916,000 — 20,916,000 Notes payable 46,117,000 — 28,703,000 17,245,000 45,948,000 Fair Value Measurements at December 31 , 201 4 Carrying Value Level 1 Level 2 Level 3 Total Financial assets Cash and cash equivalents $ 1,414,000 $ 1,414,000 $ — $ — $ 1,414,000 Restricted cash 6,249,000 6,249,000 — — 6,249,000 Loans, net 65,164,000 — — 66,009,000 66,009,000 Investment in limited liability company 2,143,000 — — 2,352,000 2,352,000 Accrued interest and advances receivable 838,000 — — 838,000 838,000 Financial liabilities Due to Manager $ 284,000 $ — $ 284,000 $ — $ 284,000 Accrued interest payable 175,000 — 113,000 62,000 175,000 Lines of credit payable 11,450,000 — 11,450,000 — 11,450,000 Notes payable 37,570,000 — 24,428,000 13,155,000 37,583,000

Note 17 - Summary Quarterly C35

Note 17 - Summary Quarterly Consolidated Financial Information (Unaudited) (Tables)	12 Months Ended
	Dec. 31, 2015
Quarterly Financial Information Disclosure [Abstract]
Schedule of Quarterly Financial Information [Table Text Block]	Three Months Ended December 31, 2015 September 30, 2015 June 30, 2015 March 31, 2015 Total revenues $ 4,432,455 $ 4,414,217 $ 5,987,048 6,409,831 Total expenses 2,817,184 3,998,225 4,463,246 5,453,674 Operating income 1,615,271 415,992 1,523,802 956,157 Gain on sale of real estate, net 6,787,254 — 14,825,858 205,441 Gain on foreclosure of loans — — — — Net income before income tax expense 8,402,525 415,992 16,349,660 1,161,598 Income tax expense 93,335 — — — Net income 8,309,190 415,992 16,349,660 1,161,598 Less: Net income attributable to non-controlling interests (36,891 ) (31,671 ) (2,588,884 ) (9,878 ) Net income attributable to common stockholders $ 8,272,299 $ 384,321 $ 13,760,776 $ 1,151,720 Earnings per common share (basic and diluted) $ 0.80 $ 0.04 $ 1.28 $ 0.11 Weighted average number of common shares outstanding (basic and diluted) 10,310,149 10,538,735 10,768,001 10,768,001 Dividends declared per share of Common Stock $ 0.08 $ 0.08 $ 0.18 $ 0.07 Three Months Ended December 31, 2014 September 30, 2014 June 30, 2014 March 31 , 2014 Total revenues $ 5,192,110 $ 4,705,357 $ 4,054,311 3,868,473 Total expenses 2,315,046 3,950,850 3,569,826 3,597,568 Operating income 2,877,064 754,507 484,485 270,905 Gain on sale of real estate, net 503,254 113,113 2,349,808 277,184 Gain on foreclosure of loans 207,734 — — 257,020 Net income 3,588,052 867,620 2,834,293 805,109 Less: Net income attributable to non-controlling interests (13,693 ) (83,797 ) (23,409 ) (44,546 ) Net income attributable to common stockholders $ 3,574,359 $ 783,823 $ 2,810,884 $ 760,563 Earnings per common share (basic and diluted) $ 0.33 $ 0.07 $ 0.26 $ 0.07 Weighted average number of common shares outstanding (basic and diluted) 10,768,001 10,768,001 10,768,001 10,769,498 Dividends declared per share of Common Stock $ 0.12 $ 0.05 $ 0.05 $ 0.05 Three Months Ended December 31, 2013 September 30, 2013 June 30, 2013 March 31, 2013 Total revenues $ 3,519,922 $ 3,676,957 $ 3,560,035 3,652,441 Total expenses 3,558,651 3,223,871 (2,526,996 ) 3,231,443 Operating income (loss) (38,729 ) 453,086 6,087,031 420,998 Gain on sale of real estate, net 230,765 251,887 2,429,872 30,337 Gain on foreclosure of loans — — — 952,357 Net income 192,036 704,973 8,516,903 1,403,692 Less: Net (income) loss attributable to non-controlling interests (21,162 ) (3,899 ) (2,085,886 ) 26,240 Net income attributable to common stockholders $ 170,874 $ 701,074 $ 6,431,017 $ 1,429,932 Earnings per common share (basic and diluted) $ 0.02 $ 0.06 $ 0.57 $ 0.13 Weighted average number of common shares outstanding (basic and diluted) 10,920,690 11,196,646 11,198,119 11,198,119 Dividends declared per share of Common Stock $ 0.05 $ 0.05 $ 0.15 $ 0.00

Financial Statement Schedule 36

Financial Statement Schedule III - Real Estate and Accumulated Depreciation (Tables)	12 Months Ended
	Dec. 31, 2015
Financial Statement Schedule III - Real Estate and Accumulated Depreciation (Tables) [Line Items]
Schedule of Real Estate Properties [Table Text Block]	Description Encumbrances Initial Cost Capitalized Costs Sales Impairment Writedowns Accumulated Depreciation Carrying Value Date Acquired Depreciable Lives (Years) 169 Condominium Units & 160 Unit Vacant Apartment Building Under Renovation, Miami, Florida $28,703,137 Note and Construction Loan Payable $ 31,768,696 $ 20,173,905 $ — $ — $ — Note 4 $ 51,942,601 2/2/2011 N/A Commercial Residential Land under Development (TSV), South Lake Tahoe, California $2,900,000 Note Payable 10,822,156 12,272,325 — — — 23,094,481 Various N/A Retail Complex (TSV), South Lake Tahoe, California $14,013,901 Note Payable 6,409,617 17,469,822 — — (756,725 ) 23,122,714 Various 5 - 39 Commercial Residential Land under Development (Zalanta), South Lake Tahoe, California $500,000 Note Payable 7,049,406 5,744,855 — — — 12,794,261 Various N/A Residential and Commercial Land, Gypsum, Colorado None 9,600,000 53,434 — (5,429,434 ) — Note 5 4,224,000 10/1/2011 N/A Assisted Living Facility, Bensalem, Pennsylvania None 5,018,166 567,184 — — (182,974 ) 5,402,376 12/12/2014 5 - 27.5 Medical Office Condominium Complex, Gilbert, Arizona None 4,535,781 180,706 — — — Note 6 4,716,487 5/19/2010 N/A 60 Condominium Units, Lakewood, Washington None 6,616,881 65,503 — (1,882,384 ) (580,343 ) Note 7 4,219,657 8/20/2010 27.5 Office Condominium Complex, Roseville, California None 8,569,286 303,178 (1,095,670 ) (3,712,707 ) (505,701 ) Note 8 3,558,386 9/26/2008 2 - 39 75 Residential Lots, Auburn, California None 13,746,625 36,745 — (9,904,826 ) — Note 9 3,878,544 9/27/2007 N/A 12 Condominium & 3 Commercial Units, Tacoma, Washington None 2,486,400 84,909 — — (211,072 ) 2,360,237 7/8/2011 27.5 - 39 Marina & Boat Club with 179 Boat Slips, Isleton, California None 2,002,525 680,727 — — (82,892 ) 2,600,360 1/29/2013 5 - 15 Undeveloped, Industrial Land, San Jose, California None 3,025,992 — — (1,067,592 ) — Note 10 1,958,400 12/27/2002 N/A Golf Course, Auburn, California None 2,063,970 123,640 — — (246,365 ) 1,941,245 6/20/2009 10 - 39 Unimproved residential and commercial land, Bethel Island, California None 2,336,640 — (1,867 ) — — 2,334,773 3/11/2014 N/A Miscellaneous Real Estate None (349,524 ) 5,689,890 Various Various TOTALS $ (2,915,596 ) $ 153,838,412
Changes in Real Estate Held-for-Sale and Investment [Member]
Financial Statement Schedule III - Real Estate and Accumulated Depreciation (Tables) [Line Items]
Schedule of Real Estate Properties [Table Text Block]	Balance at beginning of period (1/1/13) $ 127,773,349 Additions during period: Acquisitions through foreclosure 19,602,478 Investments in real estate properties 9,017,333 Subtotal 156,393,160 Deductions during period: Cost of real estate properties sold 18,023,870 Impairment losses on real estate properties 666,240 Depreciation of properties held for investment 2,387,086 Balance at end of period (12/31/13) $ 135,315,964 Balance at beginning of period (1/1/14) $ 135,315,964 Additions during period: Acquisitions through foreclosure 9,572,406 Investments in real estate properties 21,866,298 Amortization of deferred financing costs capitalized to construction project 120,952 Subtotal 166,875,620 Deductions during period: Cost of real estate properties sold 1,529,227 Impairment losses on real estate properties 179,040 Depreciation of properties held for investment 2,150,548 Balance at end of period (12/31/14) $ 163,016,805 Balance at beginning of period (1/1/15) 163,016,805 Additions during period: Acquisitions through foreclosure — Investments in real estate properties 25,274,125 Amortization of deferred financing costs capitalized to construction project 207,347 Subtotal 188,498,277 Deductions during period: Cost of real estate properties sold 31,099,086 Impairment losses on real estate properties 1,589,434 Depreciation of properties held for investment 1,971,345 Balance at end of period (12/31/15) $ 153,838,412
Changes in Accumulated Depreciation [Member]
Financial Statement Schedule III - Real Estate and Accumulated Depreciation (Tables) [Line Items]
Schedule of Real Estate Properties [Table Text Block]	Balance at beginning of period (1/1/13) $ 6,518,160 Additions during period: Depreciation expense 2,387,086 Previous accumulated depreciation on real estate moved back to held for investment 849,125 Subtotal 9,754,371 Deductions during period: Accumulated depreciation of real estate sold during 2013 8,663 Accumulated depreciation on real estate moved to held for sale 145,989 Balance at end of period (12/31/13) $ 9,599,719 Balance at beginning of period (1/1/14) $ 9,599,719 Additions during period: Depreciation expense 2,150,548 Subtotal 11,750,267 Deductions during period: Accumulated depreciation on real estate moved to held for sale 5,674,980 Balance at end of period (12/31/14) $ 6,075,287 Balance at beginning of period (1/1/15) 6,075,287 Additions during period: Depreciation expense 1,971,345 Subtotal 8,046,632 Deductions during period: Accumulated depreciation on real estate moved to held for sale 5,131,036 Balance at end of period (12/31/15) $ 2,915,596

Financial Statement Schedule 37

Financial Statement Schedule IV - Mortgage Loans on Real Estate (Tables)	12 Months Ended
	Dec. 31, 2015
Financial Statement Schedule IV - Mortgage Loans on Real Estate (Tables) [Line Items]
Schedule of Participating Mortgage Loans [Table Text Block]	Description Interest Rate Final Maturity date Carrying Amount of Mortgages Principal Amount of Loans Subject to Delinquent Principal Principal Amount of Loans Subject to Delinquent Payments TYPE OF PROPERTY Commercial 5.00 - 10.00% Current to November 2018 $ 76,800,297 $ 1,078,752 $ 1,078,752 Residential 7.50 - 11.00% Current to March 2028 24,675,867 7,373,501 7,615,055 Land 8.00 - 9.00% February 2016 to April 2017 5,267,643 — — TOTAL $ 106,743,807 $ 8,452,253 $ 8,693,807 AMOUNT OF LOAN $0 - 500,000 7.50 - 8.50% February 2016 to March 2028 $ 2,127,129 $ — $ 241,554 $500,001 - 1,000,000 7.50 - 8.00% March 2016 to February 2018 8,452,554 — — $1,000,001 - 5,000,000 5.00 - 10.00% Current to November 2018 66,990,244 1,078,752 1,078,752 Over $5,000,000 7.50 - 11.00% Current to January 2018 29,173,880 7,373,501 7,373,501 TOTAL $ 106,743,807 $ 8,452,253 $ 8,693,807 POSITION OF LOAN First 5.00 - 11.00% Current to March 2028 $ 103,716,010 $ 8,452,253 $ 8,693,807 Second 7.75 - 8.25% June 2016 to July 2017 3,027,797 — — TOTAL $ 106,743,807 $ 8,452,253 $ 8,693,807
Changes in Mortgage Loans on Real Estate [Member]
Financial Statement Schedule IV - Mortgage Loans on Real Estate (Tables) [Line Items]
Schedule of Participating Mortgage Loans [Table Text Block]	Balance at beginning of period (1/1/13) $ 70,262,262 Additions during period: New loans, including from sales of real estate properties 31,618,852 Advances moved to principal of loans 22,880 Subtotal 101,903,994 Deductions during period: Collection of principal 15,641,192 Foreclosures 27,466,509 Balance at end of period (12/31/13) $ 58,796,293 Balance at beginning of period (1/1/14) $ 58,796,293 Additions during period: New loans 44,505,577 Discount accretion 122,004 Subtotal 103,423,874 Deductions during period: Collection of principal 27,718,917 Foreclosures 7,671,446 Balance at end of period (12/31/14) $ 68,033,511 Balance at beginning of period (1/1/15) $ 68,033,511 Additions during period: New loans, including from sale of real estate property 73,389,645 Discount accretion 536,816 Subtotal 141,959,972 Deductions during period: Collection of principal 35,216,165 Foreclosures — Balance at end of period (12/31/15) $ 106,743,807
Loans Which Exceed Three Percent of the Total Loans [Member]
Financial Statement Schedule IV - Mortgage Loans on Real Estate (Tables) [Line Items]
Schedule of Participating Mortgage Loans [Table Text Block]	Description Interest Rate Final Maturity Date Periodic Payment Terms Prior Liens Face Amount of Mortgages Carrying Amount of Mortgages Principal Amount of Loans Subject to Delinquent Principal or Interest Office Building and Single Family Home Dublin, California 8.00 % 6/1/16 Interest and principal due monthly 0 8,500,000 8,465,379 0 Condominiums Phoenix, Arizona 11.00 % 7/1/09 Interest only, balance due at maturity 0 7,535,000 7,373,501 7,373,501 Office Building Dublin, California 7.50 % 1/1/18 Interest only, balance due at maturity 0 7,000,000 7,000,000 0 Hotel Novi, Michigan 7.75 % 12/31/17 Interest only, balance due at maturity 0 8,835,000 6,335,000 0 Storage Facility Stockton, California (carryback loan from sale of property) 7.50 % 2/29/16 Interest only, balance due at maturity 0 4,650,000 4,650,000 0 Unimproved Land Fairfield, California 9.00 % 4/15/17 Interest only, balance due at maturity 0 4,500,000 4,500,000 0 Office Building San Francisco, California 7.75 % 11/1/17 Interest only, balance due at maturity 0 4,250,000 4,250,000 0 Condominiums Las Vegas, Nevada 7.75 % 1/1/18 Interest only, balance due at maturity 0 3,920,000 3,680,000 0 Marina Tiburon, California 8.00 % 10/1/17 Interest only, Balance due at maturity 0 3,500,000 3,500,000 0 Office Building Chula Vista, California 7.50 % 11/1/18 Interest only, Balance due at maturity 0 5,600,000 3,232,998 0 TOTALS $ 0 $ 58,290,000 $ 52,986,878 $ 7,373,501

Note 1 - Organization (Details)

Note 1 - Organization (Details) - $ / shares	Dec. 31, 2015	Dec. 31, 2014	Jan. 23, 2013	Aug. 09, 2012	Dec. 31, 2011
Disclosure Text Block [Abstract]
Common Stock, Shares Authorized	50,000,000	50,000,000		50,000,000
Common Stock, Par or Stated Value Per Share (in Dollars per share)	$ 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
Potential Percentage Penalty Tax	100.00%
REIT Minimum Percent Distribution Of Taxable Income	90.00%

Note 2 - Summary of Significa39

Note 2 - Summary of Significant Accounting Policies (Details)	12 Months Ended
	Dec. 31, 2015shares
Note 2 - Summary of Significant Accounting Policies (Details) [Line Items]
Number of Operating Segments	1
Lessor Leasing Arrangements, Operating Leases, Term of Contract	1 year
Weighted Average Number Diluted Shares Outstanding Adjustment	0
1850 [Member]
Note 2 - Summary of Significant Accounting Policies (Details) [Line Items]
Equity Method Investment, Ownership Percentage	50.00%
Restricted Stock [Member]
Note 2 - Summary of Significant Accounting Policies (Details) [Line Items]
Weighted Average Number Diluted Shares Outstanding Adjustment	0
Restricted Stock Units (RSUs) [Member]
Note 2 - Summary of Significant Accounting Policies (Details) [Line Items]
Weighted Average Number Diluted Shares Outstanding Adjustment	0
Minimum [Member]
Note 2 - Summary of Significant Accounting Policies (Details) [Line Items]
Lessor Leasing Arrangements, Operating Leases, Term of Contract	1 year
Minimum [Member] | Building and Building Improvements [Member]
Note 2 - Summary of Significant Accounting Policies (Details) [Line Items]
Property, Plant and Equipment, Useful Life	5 years
Maximum [Member]
Note 2 - Summary of Significant Accounting Policies (Details) [Line Items]
Lessor Leasing Arrangements, Operating Leases, Term of Contract	9 years
Maximum [Member] | Building and Building Improvements [Member]
Note 2 - Summary of Significant Accounting Policies (Details) [Line Items]
Property, Plant and Equipment, Useful Life	39 years

Note 3 - Loans and Allowance 40

Note 3 - Loans and Allowance for Loan Losses (Details)	12 Months Ended
	Dec. 31, 2015USD ($)	Dec. 31, 2014USD ($)	Dec. 31, 2013USD ($)	Dec. 31, 2012USD ($)
Note 3 - Loans and Allowance for Loan Losses (Details) [Line Items]
Allowance for Loan and Lease Losses, Real Estate	$ 1,842,446	$ 2,869,355	$ 4,739,088	$ 24,417,897
Financing Receivable, Modifications, Number of Contracts	0	1	2
Impaired Financing Receivable, Unpaid Principal Balance	$ 8,693,807	$ 22,315,750
Extended Maturity [Member]
Note 3 - Loans and Allowance for Loan Losses (Details) [Line Items]
Allowance for Loan and Lease Losses, Real Estate	486,000	2,389,000
Financing Receivable, Modifications, Recorded Investment	9,208,000	$ 20,265,000
Contractual Interest Rate Reduction [Member]
Note 3 - Loans and Allowance for Loan Losses (Details) [Line Items]
Financing Receivable, Modifications, Number of Contracts			1
Maturity Date Extension Period for Troubled Debt Restructurings			15 years
Impaired Loans [Member]
Note 3 - Loans and Allowance for Loan Losses (Details) [Line Items]
Payments for Loans			$ 5,899,000
Proceeds from Interest Received			659,000
Impaired Financing Receivable, Unpaid Principal Balance			11,466,000
Combined First Deed of Trust [Member]
Note 3 - Loans and Allowance for Loan Losses (Details) [Line Items]
Loans and Leases Receivable, Gross, Other			$ 9,625,000
Debt Instrument, Interest Rate, Stated Percentage			10.00%
Debt Instrument, Term			5 years
Original Loan [Member] | Impaired Loans [Member]
Note 3 - Loans and Allowance for Loan Losses (Details) [Line Items]
Impaired Financing Receivable, Unpaid Principal Balance			$ 8,966,000
Additional Borrowings [Member] | Impaired Loans [Member]
Note 3 - Loans and Allowance for Loan Losses (Details) [Line Items]
Impaired Financing Receivable, Unpaid Principal Balance			2,500,000
Commercial Portfolio Segment [Member]
Note 3 - Loans and Allowance for Loan Losses (Details) [Line Items]
Impaired Financing Receivable,Restored to Accrual Status,Number of Loans		2
Impaired Financing Receivables,Restored to Accrual Status, Recorded Investment		$ 11,588,000
Allowance for Loan and Lease Losses, Real Estate	1,140,530	888,260	$ 932,651	$ 1,493,585
Financing Receivable, Modifications, Number of Contracts			1
Impaired Financing Receivable, Unpaid Principal Balance	$ 1,078,752	$ 12,666,935

Note 3 - Loans and Allowance 41

Note 3 - Loans and Allowance for Loan Losses (Details) - Allocation of the Allowance for Loan Losses - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2015	Dec. 31, 2014
Allowance for loan losses:
Allowance for loan losses, beginning balance	$ 2,869,355	$ 4,739,088	$ 24,417,897
Charge-offs	0	0	(11,856,697)
Provision (reversal)	(1,026,909)	(1,869,733)	(7,822,112)
Allowance for loan losses, ending balance	1,842,446	2,869,355	4,739,088	$ 1,842,446	$ 2,869,355
Allowance for loan losses, Ending balance: individually evaluated for impairment				485,823	2,389,355
Allowance for loan losses, Ending balance: collectively evaluated for impairment				1,356,623	480,000
Allowance for loan losses, ending balance	1,842,446	2,869,355	4,739,088
Loans:
Loans				106,743,807	68,033,511
Ending balance: individually evaluated for impairment				8,693,807	22,315,750
Ending balance: collectively evaluated for impairment				98,050,000	45,717,761
Commercial Portfolio Segment [Member]
Allowance for loan losses:
Allowance for loan losses, beginning balance	888,260	932,651	1,493,585
Charge-offs	0	0	0
Provision (reversal)	252,270	(44,391)	(560,934)
Allowance for loan losses, ending balance	888,260	888,260	932,651	1,140,530	888,260
Allowance for loan losses, Ending balance: individually evaluated for impairment				485,823	550,010
Allowance for loan losses, Ending balance: collectively evaluated for impairment				654,707	338,250
Allowance for loan losses, ending balance	1,140,530	888,260	932,651
Loans:
Loans				76,800,297	52,531,537
Ending balance: individually evaluated for impairment				1,078,752	12,666,935
Ending balance: collectively evaluated for impairment				75,721,545	39,864,602
Residential Portfolio Segment [Member]
Allowance for loan losses:
Allowance for loan losses, beginning balance	1,975,112	3,798,203	4,401,448
Charge-offs	0	0	0
Provision (reversal)	(1,519,525)	(1,823,091)	(603,245)
Allowance for loan losses, ending balance	1,975,112	1,975,112	3,798,203	455,587	1,975,112
Allowance for loan losses, Ending balance: individually evaluated for impairment				0	1,839,345
Allowance for loan losses, Ending balance: collectively evaluated for impairment				455,587	135,767
Allowance for loan losses, ending balance	455,587	1,975,112	3,798,203
Loans:
Loans				24,675,867	13,491,906
Ending balance: individually evaluated for impairment				7,615,055	7,788,747
Ending balance: collectively evaluated for impairment				17,060,812	5,703,159
Land Portfolio Segment [Member]
Allowance for loan losses:
Allowance for loan losses, beginning balance	5,983	8,234	18,522,864
Charge-offs	0	0	(11,856,697)
Provision (reversal)	240,329	(2,251)	(6,657,933)
Allowance for loan losses, ending balance	5,983	5,983	8,234	246,329	5,983
Allowance for loan losses, Ending balance: individually evaluated for impairment				0	0
Allowance for loan losses, Ending balance: collectively evaluated for impairment				246,329	5,983
Allowance for loan losses, ending balance	$ 246,329	$ 5,983	$ 8,234
Loans:
Loans				5,267,643	2,010,068
Ending balance: individually evaluated for impairment				0	1,860,068
Ending balance: collectively evaluated for impairment				$ 5,267,643	$ 150,000

Note 3 - Loans and Allowance 42

Note 3 - Loans and Allowance for Loan Losses (Details) - Aging Analysis of the Loan Portfolio by the Time Past Due - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due loans	$ 8,693,807	$ 10,727,567
Current loans	98,050,000	57,305,944
Total loans	106,743,807	68,033,511
Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due loans	0	0
Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due loans	0	0
Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due loans	8,693,807	10,727,567
Commercial Portfolio Segment [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due loans	1,078,752	1,078,752
Current loans	75,721,545	51,452,785
Total loans	76,800,297	52,531,537
Commercial Portfolio Segment [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due loans	0	0
Commercial Portfolio Segment [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due loans	0	0
Commercial Portfolio Segment [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due loans	1,078,752	1,078,752
Residential Portfolio Segment [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due loans	7,615,055	7,788,747
Current loans	17,060,812	5,703,159
Total loans	24,675,867	13,491,906
Residential Portfolio Segment [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due loans	0	0
Residential Portfolio Segment [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due loans	0	0
Residential Portfolio Segment [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due loans	7,615,055	7,788,747
Land Portfolio Segment [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due loans	0	1,860,068
Current loans	5,267,643	150,000
Total loans	5,267,643	2,010,068
Land Portfolio Segment [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due loans	0	0
Land Portfolio Segment [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due loans	0	0
Land Portfolio Segment [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due loans	$ 0	$ 1,860,068

Note 3 - Loans and Allowance 43

Note 3 - Loans and Allowance for Loan Losses (Details) - Impaired Loans - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
With no related allowance recorded:
Recorded investment, with no allowance	$ 8,063,450	$ 13,701,998
Unpaid principal balance, with no allowance	7,615,055	13,701,998
Average recorded investment, with no allowance	10,827,971	21,113,705	$ 18,706,798
Interest income recognized, with no allowance	1,049,330	2,575,910	1,098,606
With an allowance recorded:
Recorded investment, with allowance	1,144,864	9,063,044
Unpaid principal balance, with allowance	1,078,752	8,613,752
Related allowance	485,823	2,389,355
Average recorded investment, with allownace	1,119,594	9,063,047	17,824,544
Interest income recognized, with allowance	49,442	197,958	219,100
Total:
Recorded investment	9,208,314	22,765,042
Unpaid principal balance	8,693,807	22,315,750
Related allowance	485,823	2,389,355
Average recorded investment	11,947,565	30,176,752	36,531,342
Interest income recognized	1,098,772	2,773,868	1,317,706
Commercial Portfolio Segment [Member]
With no related allowance recorded:
Recorded investment, with no allowance	0	11,588,183
Unpaid principal balance, with no allowance	0	11,588,183
Average recorded investment, with no allowance	2,300,846	16,686,997	10,880,512
Interest income recognized, with no allowance	639,935	1,714,230	704,623
With an allowance recorded:
Recorded investment, with allowance	1,144,864	1,079,699
Unpaid principal balance, with allowance	1,078,752	1,078,752
Related allowance	485,823	550,010
Average recorded investment, with allownace	1,119,594	1,079,681	1,079,699
Interest income recognized, with allowance	49,442	47,958	21,000
Total:
Recorded investment	1,144,864	12,667,882
Unpaid principal balance	1,078,752	12,666,935
Related allowance	485,823	550,010
Average recorded investment	3,420,440	17,766,678	11,960,211
Interest income recognized	689,377	1,762,188	725,623
Residential Portfolio Segment [Member]
With no related allowance recorded:
Recorded investment, with no allowance	8,063,450	253,747
Unpaid principal balance, with no allowance	7,615,055	253,747
Average recorded investment, with no allowance	8,217,114	1,986,693	2,841,401
Interest income recognized, with no allowance	192,491	688,196	134,702
With an allowance recorded:
Recorded investment, with allowance	0	7,983,345
Unpaid principal balance, with allowance	0	7,535,000
Related allowance	0	1,839,345
Average recorded investment, with allownace	0	7,983,366	7,983,342
Interest income recognized, with allowance	0	150,000	198,100
Total:
Recorded investment	8,063,450	8,237,092
Unpaid principal balance	7,615,055	7,788,747
Related allowance	0	1,839,345
Average recorded investment	8,217,114	9,970,059	10,824,743
Interest income recognized	192,491	838,196	332,802
Land Portfolio Segment [Member]
With no related allowance recorded:
Recorded investment, with no allowance	0	1,860,068
Unpaid principal balance, with no allowance	0	1,860,068
Average recorded investment, with no allowance	310,011	2,440,015	4,984,885
Interest income recognized, with no allowance	216,904	173,484	259,281
With an allowance recorded:
Recorded investment, with allowance	0	0
Unpaid principal balance, with allowance	0	0
Related allowance	0	0
Average recorded investment, with allownace	0	0	8,761,503
Interest income recognized, with allowance	0	0	0
Total:
Recorded investment	0	1,860,068
Unpaid principal balance	0	1,860,068
Related allowance	0	0
Average recorded investment	310,011	2,440,015	13,746,388
Interest income recognized	$ 216,904	$ 173,484	$ 259,281

Note 3 - Loans and Allowance 44

Note 3 - Loans and Allowance for Loan Losses (Details) - Troubled Debt Restructurings	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014USD ($)	Dec. 31, 2013USD ($)
Troubled Debt Restructurings That Occurred During the Year
Number of contacts	0	1	2
Land Portfolio Segment [Member]
Troubled Debt Restructurings That Occurred During the Year
Number of contacts		1
Pre-modification outstanding recorded investment		$ 1,860,068
Post-modification outstanding recorded investment		$ 1,860,068
Commercial Portfolio Segment [Member]
Troubled Debt Restructurings That Occurred During the Year
Number of contacts			1
Pre-modification outstanding recorded investment			$ 2,638,530
Post-modification outstanding recorded investment			$ 8,966,179
Residential Portfolio Segment [Member]
Troubled Debt Restructurings That Occurred During the Year
Number of contacts			1
Pre-modification outstanding recorded investment			$ 272,028
Post-modification outstanding recorded investment			$ 272,028

Note 3 - Loans and Allowance 45

Note 3 - Loans and Allowance for Loan Losses (Details) - Troubled Debt Restructurings that Subsequently Defaulted	12 Months Ended
	Dec. 31, 2013USD ($)
Troubled Debt Restructurings that Subsequently Defaulted [Abstract]
Residential	1
Residential	$ 272,028

Note 4 - Investment in Limite46

Note 4 - Investment in Limited Liability Company (Details)	12 Months Ended
	Dec. 31, 2015USD ($)	Dec. 31, 2014USD ($)	Dec. 31, 2013USD ($)	Jul. 31, 2008
Note 4 - Investment in Limited Liability Company (Details) [Line Items]
Proceeds from Equity Method Investment, Dividends or Distributions	$ 177,000	$ 170,000	$ 160,000
Income (Loss) from Equity Method Investments	175,451	169,999	160,805
1850 [Member]
Note 4 - Investment in Limited Liability Company (Details) [Line Items]
Number of Real Estate Properties				2
Number of Companies				2
Proceeds from Equity Method Investment, Dividends or Distributions	177,000	170,000	160,000
Income (Loss) from Equity Method Investments	$ 175,000	$ 170,000	$ 161,000

Note 5 - Real Estate Held for47

Note 5 - Real Estate Held for Sale (Details)	3 Months Ended											12 Months Ended
	Dec. 31, 2015USD ($)	Jun. 30, 2015USD ($)	Mar. 31, 2015USD ($)	Dec. 31, 2014USD ($)	Sep. 30, 2014USD ($)	Jun. 30, 2014USD ($)	Mar. 31, 2014USD ($)	Dec. 31, 2013USD ($)	Sep. 30, 2013USD ($)	Jun. 30, 2013USD ($)	Mar. 31, 2013USD ($)	Dec. 31, 2015USD ($)	Dec. 31, 2014USD ($)	Dec. 31, 2013USD ($)
Note 5 - Real Estate Held for Sale (Details) [Line Items]
Number of Real Estate Properties Sold												8	2	6
Gain (Loss) on Transfers Between Held for Sale and Held for Investment (in Dollars)												$ 0	$ 0	$ 0
Impairment of Real Estate (in Dollars)												1,589,434	179,040	666,240
Proceeds from Sale of Other Real Estate (in Dollars)												48,602,000		11,052,000
Mortgage Loan Related to Property Sales (in Dollars)														11,900,000
Gain (Loss) on Sale of Properties (in Dollars)	$ 6,787,254	$ 14,825,858	$ 205,441	$ 503,254	$ 113,113	$ 2,349,808	$ 277,184	$ 230,765	$ 251,887	$ 2,429,872	$ 30,337	21,818,553	3,243,359	2,942,861
Real Estate Acquired Through Foreclosure (in Dollars)	$ 0											0
Mortgage Loans on Real Estate, Foreclosures (in Dollars)												0
Gain on Foreclosure of Loan (in Dollars)				$ 207,734			$ 257,020				$ 952,357		$ 464,754	$ 952,357
Parent [Member]
Note 5 - Real Estate Held for Sale (Details) [Line Items]
Gain (Loss) on Sale of Properties (in Dollars)												19,187,000
Noncontrolling Interest [Member]
Note 5 - Real Estate Held for Sale (Details) [Line Items]
Gain (Loss) on Sale of Properties (in Dollars)												$ 2,479,000
Transferred from Held for Sale to Held for Investment [Member]
Note 5 - Real Estate Held for Sale (Details) [Line Items]
Number of Real Estate Properties	1			3				3				1	3	3
Transferred from Held for Investment to Held for Sale [Member]
Note 5 - Real Estate Held for Sale (Details) [Line Items]
Number of Real Estate Properties	7			5				3				7	5	3
Number of Real Estate Properties Sold												4
Industrial Property [Member]
Note 5 - Real Estate Held for Sale (Details) [Line Items]
Number of Real Estate Properties Sold												1
Industrial Property [Member] | Transferred from Held for Investment to Held for Sale [Member]
Note 5 - Real Estate Held for Sale (Details) [Line Items]
Number of Real Estate Properties	2											2
Residential [Member]
Note 5 - Real Estate Held for Sale (Details) [Line Items]
Number of Real Estate Properties Sold												1		1
Residential [Member] | Transferred from Held for Sale to Held for Investment [Member]
Note 5 - Real Estate Held for Sale (Details) [Line Items]
Number of Real Estate Properties	2			1				1				2	1	1
Land Property [Member]
Note 5 - Real Estate Held for Sale (Details) [Line Items]
Number of Real Estate Properties Sold												1	2	3
Land Property [Member] | Transferred from Held for Sale to Held for Investment [Member]
Note 5 - Real Estate Held for Sale (Details) [Line Items]
Number of Real Estate Properties	1			1				1				1	1	1
Land Property [Member] | Transferred from Held for Investment to Held for Sale [Member]
Note 5 - Real Estate Held for Sale (Details) [Line Items]
Number of Real Estate Properties				2				2					2	2
Storage [Member]
Note 5 - Real Estate Held for Sale (Details) [Line Items]
Number of Real Estate Properties Sold												1
Storage [Member] | Transferred from Held for Sale to Held for Investment [Member]
Note 5 - Real Estate Held for Sale (Details) [Line Items]
Number of Real Estate Properties	1											1
Marinas [Member]
Note 5 - Real Estate Held for Sale (Details) [Line Items]
Number of Real Estate Properties Sold												1
Marinas [Member] | Transferred from Held for Sale to Held for Investment [Member]
Note 5 - Real Estate Held for Sale (Details) [Line Items]
Number of Real Estate Properties	1			1								1	1
Retail Site [Member]
Note 5 - Real Estate Held for Sale (Details) [Line Items]
Number of Real Estate Properties Sold												3		1
Retail Site [Member] | Transferred from Held for Sale to Held for Investment [Member]
Note 5 - Real Estate Held for Sale (Details) [Line Items]
Number of Real Estate Properties								1						1
Retail Site [Member] | Transferred from Held for Investment to Held for Sale [Member]
Note 5 - Real Estate Held for Sale (Details) [Line Items]
Number of Real Estate Properties				2									2
Office Building [Member]
Note 5 - Real Estate Held for Sale (Details) [Line Items]
Number of Real Estate Properties Sold														1
Office Building [Member] | Transferred from Held for Investment to Held for Sale [Member]
Note 5 - Real Estate Held for Sale (Details) [Line Items]
Number of Real Estate Properties				1									1
Golf Course [Member] | Transferred from Held for Investment to Held for Sale [Member]
Note 5 - Real Estate Held for Sale (Details) [Line Items]
Number of Real Estate Properties								1						1
Unimproved Residential and Commercial Land Located in Gypsum, Colorado [Member]
Note 5 - Real Estate Held for Sale (Details) [Line Items]
Impairment of Real Estate (in Dollars)												$ 1,589,000
Marina Property in Oakley, California [Member]
Note 5 - Real Estate Held for Sale (Details) [Line Items]
Impairment of Real Estate (in Dollars)													$ 179,000
Land and Easement [Member]
Note 5 - Real Estate Held for Sale (Details) [Line Items]
Proceeds from Sale of Other Real Estate (in Dollars)													1,821,000
Mortgage Loan Related to Property Sales (in Dollars)												4,650,000
Gain (Loss) on Sale of Properties (in Dollars)												21,666,000	292,000	$ 2,585,000
Deferred Gain on Property [Member]
Note 5 - Real Estate Held for Sale (Details) [Line Items]
Gain (Loss) on Sale of Properties (in Dollars)												$ 153,000	2,951,000	$ 358,000
Retail Property, San Jose, California [Member]
Note 5 - Real Estate Held for Sale (Details) [Line Items]
Mortgage Loans on Real Estate, Foreclosures (in Dollars)													690,000
Gain on Foreclosure of Loan (in Dollars)													$ 208,000
Retail Property, San Jose, California [Member] | Foreclosed On [Member]
Note 5 - Real Estate Held for Sale (Details) [Line Items]
Mortgage Loans on Real Estate, Number of Loans													1

Note 5 - Real Estate Held for48

Note 5 - Real Estate Held for Sale (Details) - Properties Acquired Through Foreclosure - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Note 5 - Real Estate Held for Sale (Details) - Properties Acquired Through Foreclosure [Line Items]
Real estate held for sale	$ 100,191,166	$ 59,494,339
Residential [Member]
Note 5 - Real Estate Held for Sale (Details) - Properties Acquired Through Foreclosure [Line Items]
Real estate held for sale	51,942,601	0
Improved and Unimproved Land [Member]
Note 5 - Real Estate Held for Sale (Details) - Properties Acquired Through Foreclosure [Line Items]
Real estate held for sale	42,071,143	36,263,330
Retail Site [Member]
Note 5 - Real Estate Held for Sale (Details) - Properties Acquired Through Foreclosure [Line Items]
Real estate held for sale	0	16,494,440
Golf Course [Member]
Note 5 - Real Estate Held for Sale (Details) - Properties Acquired Through Foreclosure [Line Items]
Real estate held for sale	0	2,020,410
Office Building [Member]
Note 5 - Real Estate Held for Sale (Details) - Properties Acquired Through Foreclosure [Line Items]
Real estate held for sale	4,716,487	4,716,159
Industrial Property [Member]
Note 5 - Real Estate Held for Sale (Details) - Properties Acquired Through Foreclosure [Line Items]
Real estate held for sale	$ 1,460,935	$ 0

Note 6 - Real Estate Held for49

Note 6 - Real Estate Held for Investment (Details)	3 Months Ended			12 Months Ended
	Dec. 31, 2014USD ($)	Mar. 31, 2014USD ($)	Mar. 31, 2013USD ($)	Dec. 31, 2015USD ($)	Dec. 31, 2014USD ($)	Dec. 31, 2013USD ($)
Note 6 - Real Estate Held for Investment (Details) [Line Items]
Depreciation				$ 1,971,000	$ 2,151,000	$ 2,387,000
Mortgage Loans on Real Estate, Foreclosures				$ 0
Gain on Foreclosure of Loan	$ 207,734	$ 257,020	$ 952,357		464,754	952,357
Assisted Care Facility Bensalem Pennsylvania and Unimproved Land Marina and Campground in Bethel Island California [Member]
Note 6 - Real Estate Held for Investment (Details) [Line Items]
Mortgage Loans on Real Estate, Foreclosures					$ 6,981,000
Mortgage Loans on Real Estate, Number of Loans					2
Gain on Foreclosure of Loan					$ 257,000
Marina Iselton California Undeveloped Parcel South Lake Tahoe California [Member]
Note 6 - Real Estate Held for Investment (Details) [Line Items]
Mortgage Loans on Real Estate, Foreclosures						$ 27,467,000
Mortgage Loans on Real Estate, Number of Loans						6
Gain on Foreclosure of Loan						$ 952,000

Note 6 - Real Estate Held for50

Note 6 - Real Estate Held for Investment (Details) - Real Estate Held for Investment - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Real Estate Properties [Line Items]
Real estate held for investment	$ 53,647,246	$ 103,522,466
Land and land improvements	23,443,676	39,003,422
Buildings and improvements	33,119,166	70,594,331
	56,562,842	109,597,753
Less: Accumulated depreciation and amortization	(2,915,596)	(6,075,287)
Improved and Unimproved Land [Member]
Real Estate Properties [Line Items]
Real estate held for investment	8,112,676	10,797,656
Residential [Member]
Real Estate Properties [Line Items]
Real estate held for investment	6,673,540	48,154,258
Retail Site [Member]
Real Estate Properties [Line Items]
Real estate held for investment	23,122,714	23,211,896
Office Building [Member]
Real Estate Properties [Line Items]
Real estate held for investment	4,315,608	4,416,108
Industrial Property [Member]
Real Estate Properties [Line Items]
Real estate held for investment	0	4,486,797
Other Property [Member]
Real Estate Properties [Line Items]
Real estate held for investment	0	3,847,884
Marinas [Member]
Real Estate Properties [Line Items]
Real estate held for investment	4,079,087	3,602,867
Assisted Care Facility [Member]
Real Estate Properties [Line Items]
Real estate held for investment	5,402,376	5,005,000
Golf Course [Member]
Real Estate Properties [Line Items]
Real estate held for investment	$ 1,941,245	$ 0

Note 6 - Real Estate Held for51

Note 6 - Real Estate Held for Investment (Details) - Impairment Losses on Real Estate Held for Investment - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Note 6 - Real Estate Held for Investment (Details) - Impairment Losses on Real Estate Held for Investment [Line Items]
Impairment of real estate held for investment	$ 1,589,434	$ 179,040	$ 666,240
Two Improved Residential Lots West Sacramento, California [Member]
Note 6 - Real Estate Held for Investment (Details) - Impairment Losses on Real Estate Held for Investment [Line Items]
Impairment of real estate held for investment			13,440
Six Improved Residential Lots Coeur D'Alene, Idaho [Member]
Note 6 - Real Estate Held for Investment (Details) - Impairment Losses on Real Estate Held for Investment [Line Items]
Impairment of real estate held for investment			$ 652,800

Note 7 - Lines of Credit Paya52

Note 7 - Lines of Credit Payable (Details) - USD ($)	9 Months Ended	12 Months Ended
	Sep. 30, 2015	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013	Mar. 04, 2016	Mar. 03, 2016	Feb. 28, 2014
Note 7 - Lines of Credit Payable (Details) [Line Items]
Deferred Finance Costs, Net		$ 784,502	$ 1,317,585
Interest Expense		$ 1,938,113	1,161,822	$ 513,750
CB&T [Member] | Revolving Credit Facility [Member]
Note 7 - Lines of Credit Payable (Details) [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity							$ 30,000,000
Interest Rate Increases Upon Default		2.00%
Loan Processing Fee		$ 100,000
Deferred Finance Costs, Net		177,000
Interest Expense		431,000	458,000
Amortization of Financing Costs		$ 126,000	69,000
CB&T [Member] | Revolving Credit Facility [Member] | Subsequent Event [Member]
Note 7 - Lines of Credit Payable (Details) [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity					$ 50,000,000	$ 30,000,000
Line of Credit Facility, Maximum Borrowing Capacity, Additional Amount					$ 75,000,000
CB&T [Member] | Prime Rate [Member] | Revolving Credit Facility [Member]
Note 7 - Lines of Credit Payable (Details) [Line Items]
Debt Instrument, Interest Rate, Stated Percentage		3.75%
Opus Credit Facility [Member] | Revolving Credit Facility [Member]
Note 7 - Lines of Credit Payable (Details) [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity		$ 20,000,000
Debt Instrument, Interest Rate, Stated Percentage		4.50%
Deferred Finance Costs, Net	$ 231,000
Interest Expense		$ 126,000	112,000
Amortization of Financing Costs		$ 77,000	$ 51,000
Debt Instrument, Interest Rate, Effective Percentage	4.50%
Opus Credit Facility [Member] | London Interbank Offered Rate (LIBOR) [Member] | Revolving Credit Facility [Member]
Note 7 - Lines of Credit Payable (Details) [Line Items]
Debt Instrument, Interest Rate, Stated Percentage		0.85%
Debt Instrument, Basis Spread on Variable Rate		4.00%
Opus Credit Facility [Member] | London Interbank Offered Rate (LIBOR) [Member] | Revolving Credit Facility [Member] | Default [Member]
Note 7 - Lines of Credit Payable (Details) [Line Items]
Debt Instrument, Basis Spread on Variable Rate	5.00%
Minimum [Member] | Opus Credit Facility [Member] | Contingency Reserves [Member] | Revolving Credit Facility [Member]
Note 7 - Lines of Credit Payable (Details) [Line Items]
Loan Processing Fee	$ 100,000

Note 7 - Lines of Credit Paya53

Note 7 - Lines of Credit Payable (Details) - Credit Facilities - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Line of Credit Facility [Line Items]
Line of Credit, Outstanding	$ 20,915,500	$ 11,450,000
Line of Credit, Commitment	35,200,753	34,076,000
CB&T [Member]
Line of Credit Facility [Line Items]
Line of Credit, Outstanding	8,289,500	11,450,000
Line of Credit, Commitment	22,574,753	17,355,000
Opus Credit Facility [Member]
Line of Credit Facility [Line Items]
Line of Credit, Outstanding	12,626,000	0
Line of Credit, Commitment	$ 12,626,000	$ 16,721,000

Note 7 - Lines of Credit Paya54

Note 7 - Lines of Credit Payable (Details) - Loans Securing Credit Facility	Dec. 31, 2015USD ($)
CB&T [Member]
Real Estate:
Real estate securing the credit facility	$ 31,366,458
CB&T [Member] | Commercial Loan [Member]
Financial Instruments Owned and Pledged as Collateral [Line Items]
Loans securing the credit facility	30,449,442
CB&T [Member] | Residential Real Estate [Member]
Real Estate:
Real estate securing the credit facility	917,016
Opus Credit Facility [Member]
Real Estate:
Real estate securing the credit facility	10,437,705
Opus Credit Facility [Member] | Commercial Loan [Member]
Financial Instruments Owned and Pledged as Collateral [Line Items]
Loans securing the credit facility	8,465,379
Office Building [Member] | Opus Credit Facility [Member] | Commercial Real Estate [Member]
Real Estate:
Real estate securing the credit facility	8,976,770
Industrial Property [Member] | Opus Credit Facility [Member] | Commercial Real Estate [Member]
Real Estate:
Real estate securing the credit facility	$ 1,460,935

Note 8 - Notes and Loans Paya55

Note 8 - Notes and Loans Payable on Real Estate (Details)	3 Months Ended	9 Months Ended	12 Months Ended
	Mar. 31, 2015USD ($)	Sep. 30, 2015USD ($)	Dec. 31, 2015USD ($)	Dec. 31, 2014USD ($)	Dec. 31, 2013USD ($)	Jun. 15, 2015USD ($)	Nov. 30, 2014USD ($)	Jun. 30, 2014USD ($)
Note 8 - Notes and Loans Payable on Real Estate (Details) [Line Items]
Notes Payable			$ 46,117,038	$ 37,569,549
Interest Expense			1,938,113	1,161,822	$ 513,750
Repayments of Notes Payable			20,055,762	800,954	467,317
Escrow Deposit			225,000	249,000
Noncontrolling Interest, Increase from Subsidiary Equity Issuance			279,184	112,533	362,593
Deferred Finance Costs, Net			784,502	1,317,585
TOTB North, LLC [Member]
Note 8 - Notes and Loans Payable on Real Estate (Details) [Line Items]
Payments to Acquire Interest in Subsidiaries and Affiliates	$ 1,170,000			453,000
Noncontrolling Interest, Increase from Subsidiary Equity Issuance				108,000
720 LLC[Member]
Note 8 - Notes and Loans Payable on Real Estate (Details) [Line Items]
Notes Payable						$ 9,771,263
Debt Instrument, Interest Rate, Stated Percentage						6.00%
Interest Expense			265,000	$ 505,000	$ 514,000
Tahoe Stateline Venture, LLC [Member]
Note 8 - Notes and Loans Payable on Real Estate (Details) [Line Items]
Number of Parcels					9
Number of Notes Payable Repaid During Period				1
Repayments of Notes Payable				$ 400,000
Interest Paid			170,000	195,000	$ 164,000
Interest Payable			$ 18,000	$ 19,000
OFG [Member] | TOTB North, LLC [Member]
Note 8 - Notes and Loans Payable on Real Estate (Details) [Line Items]
Payments to Acquire Interest in Subsidiaries and Affiliates	$ 279,000
Quarterly Interest-only Payments Due August 2017 [Member] | Tahoe Stateline Venture, LLC [Member]
Note 8 - Notes and Loans Payable on Real Estate (Details) [Line Items]
Number of Notes Payable Repaid During Period				1
Repayments of Notes Payable				$ 200,000
TOTB North Loan Agreement [Member] | London Interbank Offered Rate (LIBOR) [Member] | TOTB North, LLC [Member]
Note 8 - Notes and Loans Payable on Real Estate (Details) [Line Items]
Debt Instrument, Floating Daily Variable Rate			0.61%
TOTB North Loan Agreement [Member] | TOTB North, LLC [Member]
Note 8 - Notes and Loans Payable on Real Estate (Details) [Line Items]
Notes Payable			$ 16,010,000	1,008,000
Interest Expense			$ 278,000	22,000
Debt Instrument, Additional Terms			2 years
Debt Instrument, Extended Term			1 year
Debt Instrument, Interest Rate, Stated Percentage Rate Range, Minimum			4.50%
Debt Instrument, Interest Rate, Effective Percentage			4.61%
Debt Instrument, Default Rate Increase			8.00%
Debt Service Coverage Ratio Triggering an Early End to Interest Only Payments			1.25
Escrow Deposit				1,000,000
Deferred Finance Costs, Net				622,000
Amortization of Financing Costs			$ 207,000	121,000
TOTB North Loan Agreement [Member] | TOTB North, LLC [Member] | London Interbank Offered Rate (LIBOR) [Member]
Note 8 - Notes and Loans Payable on Real Estate (Details) [Line Items]
Debt Instrument, Basis Spread on Variable Rate			4.00%
TOTB Miami Loan Agreement [Member] | TOTB Miami, LLC [Member]
Note 8 - Notes and Loans Payable on Real Estate (Details) [Line Items]
Interest Expense			$ 690,000	81,000
Debt Instrument, Face Amount							$ 13,000,000
Debt Instrument, Additional Terms		2 years
Debt Instrument, Extended Term		1 year
Debt Instrument, Interest Rate, Stated Percentage Rate Range, Minimum			4.25%
Debt Instrument, Interest Rate, Effective Percentage			4.61%
Debt Instrument, Default Rate Increase			8.00%
Deferred Finance Costs, Net			$ 323,000
Amortization of Financing Costs			$ 129,000	12,000
Number of Units in Real Estate Property							154
TOTB Miami Loan Agreement [Member] | TOTB Miami, LLC [Member] | London Interbank Offered Rate (LIBOR) [Member]
Note 8 - Notes and Loans Payable on Real Estate (Details) [Line Items]
Debt Instrument, Floating Daily Variable Rate			0.61%
Debt Instrument, Basis Spread on Variable Rate			4.00%
TSV Credit Agreement [Member] | Tahoe Stateline Venture, LLC [Member]
Note 8 - Notes and Loans Payable on Real Estate (Details) [Line Items]
Debt Instrument, Interest Rate, Stated Percentage		3.47%
Interest Expense			$ 427,000	1,000
Debt Instrument, Face Amount				14,500,000
Deferred Finance Costs, Net			218,000
Amortization of Financing Costs			36,000	0
Proceeds from Issuance of Debt				$ 10,445,000
Debt Instrument, Unused Borrowing Capacity, Amount		$ 3,830,000
TSV Credit Agreement [Member] | Tahoe Stateline Venture, LLC [Member] | Closing Fee [Member]
Note 8 - Notes and Loans Payable on Real Estate (Details) [Line Items]
Deferred Finance Costs, Net			$ 108,750
TSV Credit Agreement [Member] | Outstanding Principal Balance [Member] | Tahoe Stateline Venture, LLC [Member]
Note 8 - Notes and Loans Payable on Real Estate (Details) [Line Items]
Debt Instrument, Default Rate Increase			5.00%
TSV Credit Agreement [Member] | Other Outstanding Obligations [Member] | Tahoe Stateline Venture, LLC [Member]
Note 8 - Notes and Loans Payable on Real Estate (Details) [Line Items]
Debt Instrument, Default Rate Increase			10.00%
Maximum [Member] | TOTB North Loan Agreement [Member] | TOTB North, LLC [Member]
Note 8 - Notes and Loans Payable on Real Estate (Details) [Line Items]
Debt Instrument, Face Amount								$ 21,304,000

Note 8 - Notes and Loans Paya56

Note 8 - Notes and Loans Payable on Real Estate (Details) - Notes and Loans Payable Outstanding - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Note 8 - Notes and Loans Payable on Real Estate (Details) - Notes and Loans Payable Outstanding [Line Items]
Debt instrument, outstanding	$ 46,117,038	$ 37,569,549
720 LLC[Member]
Note 8 - Notes and Loans Payable on Real Estate (Details) - Notes and Loans Payable Outstanding [Line Items]
Debt instrument, outstanding	$ 0	9,741,463
Debt instrument, fixed interest rate
TOTB North, LLC [Member]
Note 8 - Notes and Loans Payable on Real Estate (Details) - Notes and Loans Payable Outstanding [Line Items]
Debt instrument, outstanding	$ 16,009,906	1,007,919
Debt instrument, fixed interest rate	4.61%
TOTB Miami, LLC [Member]
Note 8 - Notes and Loans Payable on Real Estate (Details) - Notes and Loans Payable Outstanding [Line Items]
Debt instrument, outstanding	$ 12,693,231	12,975,167
Debt instrument, fixed interest rate	4.61%
Tahoe Stateline Venture, LLC Note 1 [Member] | Tahoe Stateline Venture, LLC [Member]
Note 8 - Notes and Loans Payable on Real Estate (Details) - Notes and Loans Payable Outstanding [Line Items]
Debt instrument, outstanding	$ 2,900,000	2,900,000
Debt instrument, fixed interest rate	5.00%
Tahoe Stateline Venture, LLC Note 3 [Member] | Tahoe Stateline Venture, LLC [Member]
Note 8 - Notes and Loans Payable on Real Estate (Details) - Notes and Loans Payable Outstanding [Line Items]
Debt instrument, outstanding	$ 500,000	500,000
Debt instrument, fixed interest rate	5.00%
TSV Credit Agreement [Member] | Tahoe Stateline Venture, LLC [Member]
Note 8 - Notes and Loans Payable on Real Estate (Details) - Notes and Loans Payable Outstanding [Line Items]
Debt instrument, outstanding	$ 14,013,901	$ 10,445,000
Debt instrument, fixed interest rate	3.47%

Note 8 - Notes and Loans Paya57

Note 8 - Notes and Loans Payable on Real Estate (Details) - Notes and Loans Payable Maturities - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Notes and Loans Payable Maturities [Abstract]
2,016	$ 3,574,670
2,017	29,299,854
2,018	406,209
2,019	420,531
2,020	435,358
Thereafter	11,980,416
	$ 46,117,038	$ 37,569,549

Note 9- Stockholders' Equity (D

Note 9- Stockholders' Equity (Details) - USD ($)	Aug. 09, 2013	Jan. 31, 2016	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2013	Mar. 31, 2013	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013	Dec. 11, 2015	May. 27, 2015
Note 9- Stockholders' Equity (Details) [Line Items]
															$ 1,313,657,000,000
Dividends															$ 4,344,417	$ 2,906,693	$ 2,746,991
Common Stock, Dividends, Per Share, Declared (in Dollars per share)			$ 0.08	$ 0.08	$ 0.18	$ 0.07	$ 0.12	$ 0.05	$ 0.05	$ 0.05	$ 0.05	$ 0.05	$ 0.15	$ 0	$ 0.41	$ 0.27	$ 0.25
Treasury Stock, Value, Acquired, Cost Method															$ 7,502,902	$ 325,488	$ 5,023,668
The 2013 Repurchase Plan [Member]
Note 9- Stockholders' Equity (Details) [Line Items]
Stock Repurchase Program, Authorized Amount	$ 7,000,000
Stock Repurchase Program Authorized Amount Percentage of Outstanding Shares	5.00%
Treasury Stock, Shares, Acquired (in Shares)																26,208	403,910
Treasury Stock, Value, Acquired, Cost Method																$ 325,000	$ 5,024,000
Treasury Stock Acquired, Average Cost Per Share (in Dollars per share)																$ 12.40	$ 12.44
The 2015 Repurchase Plan [Member]
Note 9- Stockholders' Equity (Details) [Line Items]
Stock Repurchase Program, Authorized Amount																			$ 7,500,000
Treasury Stock, Shares, Acquired (in Shares)															520,524
Treasury Stock, Value, Acquired, Cost Method															$ 7,503,000
Treasury Stock Acquired, Average Cost Per Share (in Dollars per share)															$ 14.41
The 2016 Repurchase Plan [Member]
Note 9- Stockholders' Equity (Details) [Line Items]
Stock Repurchase Program, Authorized Amount																		$ 7,500,000
Tax Year 2014 [Member]
Note 9- Stockholders' Equity (Details) [Line Items]
Common Stock, Dividends, Per Share, Declared (in Dollars per share)																0.088
Tax Year 2015 [Member]
Note 9- Stockholders' Equity (Details) [Line Items]
Common Stock, Dividends, Per Share, Declared (in Dollars per share)																$ 0.032
Dividends Declared December 2014 and Paid in January 2015 [Member]
Note 9- Stockholders' Equity (Details) [Line Items]
Dividends																$ 1,292,160
Special Dividend [Member]
Note 9- Stockholders' Equity (Details) [Line Items]
Common Stock, Dividends, Per Share, Declared (in Dollars per share)																$ 0.07
Regular Dividend [Member]
Note 9- Stockholders' Equity (Details) [Line Items]
Common Stock, Dividends, Per Share, Declared (in Dollars per share)																$ 0.05
Dividends Declared December 2013 and Paid in January 2014 [Member]
Note 9- Stockholders' Equity (Details) [Line Items]
Dividends																	$ 180,000
Dividends on Shares Repurchased Under Stock Repurchase Plans, in Transit [Member]
Note 9- Stockholders' Equity (Details) [Line Items]
Dividends															$ 2,914	$ 667	$ 3,037
Subsequent Event [Member]
Note 9- Stockholders' Equity (Details) [Line Items]
		$ 1,313,657

Note 9- Stockholders' Equity 59

Note 9- Stockholders' Equity (Details) - Tax Treatment for Dividends Paid by the Company - USD ($)		12 Months Ended
		Dec. 31, 2015		Dec. 31, 2014		Dec. 31, 2013
Common Stock:
Dividends (in Dollars)		$ 4,344,417		$ 2,906,693		$ 2,746,991
Dividends paid per share		$ 0.410	[1]	$ 0.287	[2]	$ 0.227	[3]
Dividend Paid [Member]
Common Stock:
Dividends (in Dollars)		$ 4,347,331	[1]	$ 3,087,360	[2]	$ 2,530,290	[3]
Classified as Ordinary Income [Member]
Common Stock:
Dividends paid per share	[4]	$ 0.410	[1]	$ 0.255	[2]	$ 0.023	[3]
Percent		100.00%	[1]	100.00%	[2]	28.45%	[3]
Qualified dividend income (in Dollars)			[1]		[2]		[3]
Capital Gain Distribution on Dividends [Member]
Common Stock:
Dividends paid per share			[1]		[2]		[3]
Percent			[1]		[2]		[3]
Dividends Classified as Return of Capital [Member]
Common Stock:
Dividends paid per share		$ 0		$ 0		$ 0.204
Percent		0.00%	[1]	0.00%	[2]	71.55%	[3]
[1]	Dividends declared and paid in 2015 per above do not include $1,313,657 which represented capital gains tax on 2015 undistributed capital gains paid on behalf ofshareholders to the U.S. Treasury in January 2016 (and recorded as dividends paid and payable in the consolidated financial statements) and exclude the $1,292,160 dividend discussed in (2) below.
[2]	Dividends for 2014 include a $1,292,160 dividend declared for shareholders of record as of December 31, 2014 and paid in January 2015. This amount consisted of a $0.07 per share special dividend and a $0.05 per share regular quarterly dividend. This dividend was a split-year dividend with $0.088 allocable to 2014 and $0.032 allocable to 2015 for federal income tax purposes. Dividends for 2014 exclude the $180,000 dividend discussed in (3) below.
[3]	Dividends for 2013 do not include distributions paid prior to the conversion from OMIF to ORM on May 20, 2013 and include a $180,000 dividend declared for shareholders of record as of December 31, 2013 and paid in January 2014.
[4]	Qualified dividend income is eligible for reduced dividend rates.

Note 10 - Restricted Cash (Deta

Note 10 - Restricted Cash (Details) - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Note 10 - Restricted Cash (Details) [Line Items]
Contingency Reserves as a Percent of Capital	1.50%
Restricted Cash and Cash Equivalents	$ 7,225,371	$ 6,248,746
Escrow Deposit	225,000	249,000
Contingency Reserves [Member]
Note 10 - Restricted Cash (Details) [Line Items]
Restricted Cash and Cash Equivalents	3,809,000	$ 3,876,000
Minimum [Member] | Contingency Reserves [Member]
Note 10 - Restricted Cash (Details) [Line Items]
Restricted Cash and Cash Equivalents	$ 7,000,000

Note 11 - Income Taxes (Details

Note 11 - Income Taxes (Details)	3 Months Ended	12 Months Ended
	Dec. 31, 2015USD ($)	Dec. 31, 2015USD ($)	Dec. 31, 2014USD ($)	Dec. 31, 2013
Note 11 - Income Taxes (Details) [Line Items]
Percentage of Taxable Income Distributed to Stockholders		100.00%
Undistributed Net Realized Gain (Loss) on Sale of Properties	$ 3,753,000	$ 3,753,000
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent		35.00%
Gain (Loss) on Sale of Properties, Applicable Income Taxes		$ 1,314,000
Gain (Loss) on Sale of Properties, before Applicable Income Taxes		267,000
Income Tax Expense (Benefit)	$ 93,335	$ 93,335
Number of Real Estate Properties Sold		8	2	6
Deferred Tax Assets, Capital Loss Carryforwards			$ 822,000
Earliest Tax Year [Member]
Note 11 - Income Taxes (Details) [Line Items]
Open Tax Year		2,012
Earliest Tax Year [Member] | OMIF [Member]
Note 11 - Income Taxes (Details) [Line Items]
Open Tax Year		2,011
Latest Tax Year [Member]
Note 11 - Income Taxes (Details) [Line Items]
Open Tax Year		2,015
Latest Tax Year [Member] | OMIF [Member]
Note 11 - Income Taxes (Details) [Line Items]
Open Tax Year		2,013
To Maintain REIT Status for Federal Income Tax Purposes [Member]
Note 11 - Income Taxes (Details) [Line Items]
Minimum Percentage of Taxable Income to be Distributed To Stockholders		90.00%
Threshold to not be Subject to Federal Corporate Income Tax [Member]
Note 11 - Income Taxes (Details) [Line Items]
Minimum Percentage of Taxable Income to be Distributed To Stockholders		100.00%

Note 12 - Transactions with A62

Note 12 - Transactions with Affiliates (Details) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Note 12 - Transactions with Affiliates (Details) [Line Items]
Management Fee Expense	$ 2,051,134	$ 1,726,945	$ 1,664,076
Professional and Contract Services Expense	186,467	156,995	$ 151,643
Due to Related Parties	408,643	283,644
Potential Decrease In Net Income, Percentage			0.05%
Late Fee Income Generated by Servicing Financial Assets, Amount	30,000	14,000	$ 5,000
Ancillary Fee Income Generated by Servicing Financial Assets, Amount	7,000	4,000	1,000
Loan Fees Earned by OFG	1,956,000	1,228,000	$ 658,000
Loans and Leases Receivable, Gross	$ 106,743,807	$ 68,033,511
Loan Fees as Percentage of Loans Originated Rewritten or Extended	2.40%	2.40%	3.50%
Difference [Member]
Note 12 - Transactions with Affiliates (Details) [Line Items]
Management Fee Expense			$ 4,000
Owens Financial Group, Inc. [Member]
Note 12 - Transactions with Affiliates (Details) [Line Items]
Due to Related Parties	$ 142,000	$ 113,000
Loans and Leases Receivable, Gross	80,488,000	50,440,000	18,977,000
Related Party Transaction, Amounts of Transaction	590,000	704,000	742,000
Related Party Transaction, Purchases from Related Party	1,499,000
OFG Officers [Member]
Note 12 - Transactions with Affiliates (Details) [Line Items]
Related Party Transaction, Amounts of Transaction	1,000	1,000	19,000
Investor's Yield, Inc. [Member]
Note 12 - Transactions with Affiliates (Details) [Line Items]
Related Party Transaction, Amounts of Transaction	$ 10,000	30,000	34,000
Management Fee [Member]
Note 12 - Transactions with Affiliates (Details) [Line Items]
Related Party Transaction, Rate	2.75%
Servicing Fee [Member]
Note 12 - Transactions with Affiliates (Details) [Line Items]
Related Party Transaction, Rate	0.25%
Management and Service Fees [Member] | Owens Financial Group, Inc. [Member]
Note 12 - Transactions with Affiliates (Details) [Line Items]
Due to Related Parties	$ 267,000	$ 171,000
Maximum [Member]
Note 12 - Transactions with Affiliates (Details) [Line Items]
Management Fee Expense			$ 1,668,000

Note 13 - Rental Income (Detail

Note 13 - Rental Income (Details)	12 Months Ended
	Dec. 31, 2015
Note 13 - Rental Income (Details) [Line Items]
Lessor Leasing Arrangements, Operating Leases, Term of Contract	1 year
Minimum [Member]
Note 13 - Rental Income (Details) [Line Items]
Lessor Leasing Arrangements, Operating Leases, Term of Contract	1 year
Maximum [Member]
Note 13 - Rental Income (Details) [Line Items]
Lessor Leasing Arrangements, Operating Leases, Term of Contract	9 years

Note 13 - Rental Income (Deta64

Note 13 - Rental Income (Details) - Future Minimum Rental Income	Dec. 31, 2015USD ($)
Future Minimum Rental Income [Abstract]
2,016	$ 4,237,991
2,017	2,013,068
2,018	1,727,579
2,019	1,330,016
2,020	597,827
Thereafter (through 2024)	1,390,454
	$ 11,296,935

Note 14 - Fair Value (Details)

Note 14 - Fair Value (Details) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Note 14 - Fair Value (Details) [Line Items]
Allowance for Loan and Lease Losses, Adjustments, Other	$ 1,026,909	$ 1,869,733	$ 7,822,112
Impairment of Real Estate	$ 1,589,434	179,040	$ 666,240
Limit of Days Until Becoming Delinquent [Member]
Note 14 - Fair Value (Details) [Line Items]
Number of Days Delinquent	90 days
Excluding Loan Loss Reversal Foreclosed Loan [Member]
Note 14 - Fair Value (Details) [Line Items]
Allowance for Loan and Lease Losses, Adjustments, Other	$ (64,000)	$ (1,236,000)
Specific Reserve [Member]
Note 14 - Fair Value (Details) [Line Items]
Allowance for Loan and Lease Losses, Adjustments, Other	$ (1,840,000)

Note 14 - Fair Value (Details)

Note 14 - Fair Value (Details) - Assets and Liabilities Measured at Fair Value on a Nonrecurring Basis - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Nonrecurring:
Impaired loans	$ 659,041
Impaired Loans [Member]
Nonrecurring:
Impaired loans		$ 6,673,689
Real Estate Properties [Member]
Nonrecurring:
Impaired loans	4,224,000	3,627,273
Commercial Portfolio Segment [Member]
Nonrecurring:
Impaired loans	659,041
Commercial Portfolio Segment [Member] | Impaired Loans [Member]
Nonrecurring:
Impaired loans		529,689
Residential Portfolio Segment [Member] | Impaired Loans [Member]
Nonrecurring:
Impaired loans		6,144,000
Land1 [Member] | Real Estate Properties [Member]
Nonrecurring:
Impaired loans	4,224,000	2,334,773
Commercial Real Estate1 [Member] | Real Estate Properties [Member]
Nonrecurring:
Impaired loans		1,292,500
Fair Value, Inputs, Level 3 [Member]
Nonrecurring:
Impaired loans	659,041
Fair Value, Inputs, Level 3 [Member] | Impaired Loans [Member]
Nonrecurring:
Impaired loans		6,673,689
Fair Value, Inputs, Level 3 [Member] | Real Estate Properties [Member]
Nonrecurring:
Impaired loans	4,224,000	3,627,273
Fair Value, Inputs, Level 3 [Member] | Commercial Portfolio Segment [Member]
Nonrecurring:
Impaired loans	659,041
Fair Value, Inputs, Level 3 [Member] | Commercial Portfolio Segment [Member] | Impaired Loans [Member]
Nonrecurring:
Impaired loans		529,689
Fair Value, Inputs, Level 3 [Member] | Residential Portfolio Segment [Member] | Impaired Loans [Member]
Nonrecurring:
Impaired loans		6,144,000
Fair Value, Inputs, Level 3 [Member] | Land1 [Member] | Real Estate Properties [Member]
Nonrecurring:
Impaired loans	$ 4,224,000	2,334,773
Fair Value, Inputs, Level 3 [Member] | Commercial Real Estate1 [Member] | Real Estate Properties [Member]
Nonrecurring:
Impaired loans		$ 1,292,500

Note 14 - Fair Value (Details67

Note 14 - Fair Value (Details) - Level 3 Fair Value Measurements for Financial Instruments - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Impaired Loans:
Impaired loans (in Dollars)	$ 659,041
Impaired Loans [Member]
Impaired Loans:
Impaired loans (in Dollars)		$ 6,673,689
Real Estate Properties [Member]
Impaired Loans:
Impaired loans (in Dollars)	4,224,000	3,627,273
Commercial Portfolio Segment [Member]
Impaired Loans:
Impaired loans (in Dollars)	659,041
Commercial Portfolio Segment [Member] | Impaired Loans [Member]
Impaired Loans:
Impaired loans (in Dollars)		529,689
Commercial Portfolio Segment [Member] | Cost Approach Valuation Technique [Member] | Impaired Loans [Member]
Impaired Loans:
Impaired loans (in Dollars)	$ 659,041	$ 529,689
Impaired loans, estimate of future improvements	31.90%	13.60%
Commercial Portfolio Segment [Member] | Market Approach Valuation Technique [Member] | Impaired Loans [Member]
Impaired Loans:
Impaired loans, comparable sales adjustment
Commercial Portfolio Segment [Member] | Income Approach Valuation Technique [Member] | Impaired Loans [Member]
Impaired Loans:
		6.50%
Residential Portfolio Segment [Member] | Impaired Loans [Member]
Impaired Loans:
Impaired loans (in Dollars)		$ 6,144,000
Residential Portfolio Segment [Member] | Cost Approach Valuation Technique [Member] | Impaired Loans [Member]
Impaired Loans:
Impaired loans (in Dollars)		$ 6,144,000
Impaired loans, estimate of future improvements		1.80%
Residential Portfolio Segment [Member] | Market Approach Valuation Technique [Member] | Impaired Loans [Member]
Impaired Loans:
Impaired loans, comparable sales adjustment	7.00%
Residential Portfolio Segment [Member] | Income Approach Valuation Technique [Member] | Impaired Loans [Member]
Impaired Loans:
Impaired loans, discount rate		12.00%
Land1 [Member] | Real Estate Properties [Member]
Impaired Loans:
Impaired loans (in Dollars)	$ 4,224,000	$ 2,334,773
Land1 [Member] | Market Approach Valuation Technique [Member] | Real Estate Properties [Member]
Impaired Loans:
Impaired loans (in Dollars)	$ 4,224,000	$ 2,334,773
Impaired loans, comparable sales adjustment	(33.40%)
Land1 [Member] | Income Approach Valuation Technique [Member] | Real Estate Properties [Member]
Impaired Loans:
Impaired loans, discount rate		8.00%
Commercial Real Estate1 [Member] | Real Estate Properties [Member]
Impaired Loans:
Impaired loans (in Dollars)		$ 1,292,500
Commercial Real Estate1 [Member] | Market Approach Valuation Technique [Member] | Real Estate Properties [Member]
Impaired Loans:
Impaired loans (in Dollars)		$ 1,292,500
Impaired loans, comparable sales adjustment
Minimum [Member] | Commercial Portfolio Segment [Member] | Market Approach Valuation Technique [Member] | Impaired Loans [Member]
Impaired Loans:
Impaired loans, comparable sales adjustment	(20.00%)	(59.00%)
Minimum [Member] | Residential Portfolio Segment [Member] | Market Approach Valuation Technique [Member] | Impaired Loans [Member]
Impaired Loans:
Impaired loans, comparable sales adjustment		(10.00%)
Minimum [Member] | Land1 [Member] | Market Approach Valuation Technique [Member] | Real Estate Properties [Member]
Impaired Loans:
Impaired loans, comparable sales adjustment		5.00%
Minimum [Member] | Commercial Real Estate1 [Member] | Market Approach Valuation Technique [Member] | Real Estate Properties [Member]
Impaired Loans:
Impaired loans, comparable sales adjustment		(42.00%)
Maximum [Member] | Commercial Portfolio Segment [Member] | Market Approach Valuation Technique [Member] | Impaired Loans [Member]
Impaired Loans:
Impaired loans, comparable sales adjustment	30.00%	(2.30%)
Maximum [Member] | Residential Portfolio Segment [Member] | Market Approach Valuation Technique [Member] | Impaired Loans [Member]
Impaired Loans:
Impaired loans, comparable sales adjustment		20.00%
Maximum [Member] | Land1 [Member] | Market Approach Valuation Technique [Member] | Real Estate Properties [Member]
Impaired Loans:
Impaired loans, comparable sales adjustment		62.80%
Maximum [Member] | Commercial Real Estate1 [Member] | Market Approach Valuation Technique [Member] | Real Estate Properties [Member]
Impaired Loans:
Impaired loans, comparable sales adjustment		13.40%
Weighted Average [Member] | Commercial Portfolio Segment [Member] | Cost Approach Valuation Technique [Member] | Impaired Loans [Member]
Impaired Loans:
Impaired loans, estimate of future improvements
Weighted Average [Member] | Commercial Portfolio Segment [Member] | Market Approach Valuation Technique [Member] | Impaired Loans [Member]
Impaired Loans:
Impaired loans, comparable sales adjustment
Weighted Average [Member] | Commercial Portfolio Segment [Member] | Income Approach Valuation Technique [Member] | Impaired Loans [Member]
Impaired Loans:
Weighted Average [Member] | Residential Portfolio Segment [Member] | Cost Approach Valuation Technique [Member] | Impaired Loans [Member]
Impaired Loans:
Impaired loans, estimate of future improvements
Weighted Average [Member] | Residential Portfolio Segment [Member] | Market Approach Valuation Technique [Member] | Impaired Loans [Member]
Impaired Loans:
Impaired loans, comparable sales adjustment
Weighted Average [Member] | Residential Portfolio Segment [Member] | Income Approach Valuation Technique [Member] | Impaired Loans [Member]
Impaired Loans:
Impaired loans, discount rate
Weighted Average [Member] | Land1 [Member] | Market Approach Valuation Technique [Member] | Real Estate Properties [Member]
Impaired Loans:
Impaired loans, comparable sales adjustment		7.50%
Weighted Average [Member] | Land1 [Member] | Income Approach Valuation Technique [Member] | Real Estate Properties [Member]
Impaired Loans:
Impaired loans, discount rate
Weighted Average [Member] | Commercial Real Estate1 [Member] | Market Approach Valuation Technique [Member] | Real Estate Properties [Member]
Impaired Loans:
Impaired loans, comparable sales adjustment

Note 14 - Fair Value (Details68

Note 14 - Fair Value (Details) - Carrying Amounts and Estimated Fair Values of Financial Instruments - USD ($)	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Financial assets
Cash and cash equivalents	$ 1,255,842	$ 1,413,545	$ 8,158,734	$ 21,131,505
Cash and cash equivalents, fair value	1,256,000	1,414,000
Restricted cash, fair value	7,225,371	6,248,746
Loans, net	104,901,361	65,164,156
Loans, net, fair value	104,895,000	66,009,000
Investment in limited liability company	2,141,032	2,142,581
Investment in limited liability company, fair value	2,850,000	2,352,000
Interest and other receivables	1,764,918	1,482,380
Interest and other receivables, fair value	1,105,000	838,000
Financial liabilities
Due to manager	408,643	283,644
Due to manager, fair value	408,643	283,644
Accrued interest payable, fair value	229,000	175,000
Line of credit payable	20,915,500	11,450,000
Line of credit payable, fair value	20,916,000	11,450,000
Notes payable	46,117,038	37,569,549
Notes payable, fair value	45,948,000	37,583,000
Reported Value Measurement [Member]
Financial assets
Cash and cash equivalents	1,256,000	1,414,000
Restricted cash	7,225,000	6,249,000
Loans, net	104,901,000	65,164,000
Investment in limited liability company	2,141,000	2,143,000
Interest and other receivables	1,105,000	838,000
Financial liabilities
Due to manager	409,000	284,000
Due to manager, fair value	409,000	284,000
Accrued interest payable	229,000	175,000
Line of credit payable	20,916,000	11,450,000
Notes payable	46,117,000	37,570,000
Fair Value, Inputs, Level 1 [Member]
Financial assets
Cash and cash equivalents, fair value	1,256,000	1,414,000
Restricted cash, fair value	7,225,000	6,249,000
Loans, net, fair value	0	0
Investment in limited liability company, fair value	0	0
Interest and other receivables, fair value	0	0
Financial liabilities
Due to manager	0	0
Due to manager, fair value	0	0
Accrued interest payable, fair value	0	0
Line of credit payable, fair value	0	0
Notes payable, fair value	0	0
Fair Value, Inputs, Level 2 [Member]
Financial assets
Cash and cash equivalents, fair value	0	0
Restricted cash, fair value	0	0
Loans, net, fair value	0	0
Investment in limited liability company, fair value	0	0
Interest and other receivables, fair value	0	0
Financial liabilities
Due to manager	409,000	284,000
Due to manager, fair value	409,000	284,000
Accrued interest payable, fair value	211,000	113,000
Line of credit payable, fair value	20,916,000	11,450,000
Notes payable, fair value	28,703,000	24,428,000
Fair Value, Inputs, Level 3 [Member]
Financial assets
Cash and cash equivalents, fair value	0	0
Restricted cash, fair value	0	0
Loans, net, fair value	104,895,000	66,009,000
Investment in limited liability company, fair value	2,850,000	2,352,000
Interest and other receivables, fair value	1,105,000	838,000
Financial liabilities
Due to manager	0	0
Due to manager, fair value	0	0
Accrued interest payable, fair value	18,000	62,000
Line of credit payable, fair value	0	0
Notes payable, fair value	$ 17,245,000	$ 13,155,000

Note 15 - Commitments and Con69

Note 15 - Commitments and Contingencies (Details) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2012	Dec. 31, 2014
Note 15 - 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	$ 36,000		$ 60,000
Contractual Obligation	16,395,000
Low Level of Arsenic in Non-Drinking Well Water [Member]
Note 15 - Commitments and Contingencies (Details) [Line Items]
Accrual for Environmental Loss Contingencies	104,000		$ 79,000
Tahoe Stateline Venture, LLC [Member]
Note 15 - Commitments and Contingencies (Details) [Line Items]
Contractual Obligation	30,606,000
Contractual Obligation, Incurred	3,855,000
Other Construction Costs	1,690,000
Construction Costs Incurred and Other Costs	5,745,000
TOTB North, LLC [Member]
Note 15 - Commitments and Contingencies (Details) [Line Items]
Contractual Obligation	21,289,000
Contractual Obligation, Incurred	18,205,000
Other Construction Costs	1,969,000
Construction Costs Incurred and Other Costs	20,174,000
Interest Reserves [Member]
Note 15 - Commitments and Contingencies (Details) [Line Items]
Contractual Obligation	$ 1,923,000

Note 16 - Subsequent Events (De

Note 16 - Subsequent Events (Details)

2 Months Ended

3 Months Ended

12 Months Ended

Feb. 29, 2016USD ($)

Dec. 31, 2015USD ($)

Jun. 30, 2015USD ($)

Mar. 31, 2015USD ($)

Dec. 31, 2014USD ($)

Sep. 30, 2014USD ($)

Jun. 30, 2014USD ($)

Mar. 31, 2014USD ($)

Dec. 31, 2013USD ($)

Sep. 30, 2013USD ($)

Jun. 30, 2013USD ($)

Mar. 31, 2013USD ($)

Dec. 31, 2015USD ($)

Dec. 31, 2014USD ($)

Dec. 31, 2013USD ($)

Mar. 04, 2016USD ($)

Mar. 03, 2016USD ($)

Feb. 28, 2014USD ($)

Note 16 - Subsequent Events (Details) [Line Items]

Number of Real Estate Properties Sold

8

2

6

Proceeds from Sale of Other Real Estate

$ 48,602,000

$ 11,052,000

Gain (Loss) on Sale of Properties

$ 6,787,254

$ 14,825,858

$ 205,441

$ 503,254

$ 113,113

$ 2,349,808

$ 277,184

$ 230,765

$ 251,887

$ 2,429,872

$ 30,337

$ 21,818,553

$ 3,243,359

$ 2,942,861

Subsequent Event [Member]

Note 16 - Subsequent Events (Details) [Line Items]

Proceeds from Sale of Other Real Estate

$ 6,479,000

Gain (Loss) on Sale of Properties

$ 4,839,000

Revolving Credit Facility [Member] | CB&T [Member]

Note 16 - Subsequent Events (Details) [Line Items]

Line of Credit Facility, Maximum Borrowing Capacity

$ 30,000,000

Revolving Credit Facility [Member] | CB&T [Member] | Subsequent Event [Member]

Note 16 - Subsequent Events (Details) [Line Items]

Line of Credit Facility, Maximum Borrowing Capacity

$ 50,000,000

$ 30,000,000

Line of Credit Facility, Maximum Borrowing Capacity, Additional Amount

75,000,000

Debt Instrument, Fee Amount

$ 250,000

Industrial Property [Member]

Note 16 - Subsequent Events (Details) [Line Items]

Number of Real Estate Properties Sold

1

Industrial Property [Member] | Subsequent Event [Member] | Paso Robles, California [Member]

Note 16 - Subsequent Events (Details) [Line Items]

Number of Real Estate Properties Sold

1

Office Building [Member]

Note 16 - Subsequent Events (Details) [Line Items]

Number of Real Estate Properties Sold

1

Office Building [Member] | Subsequent Event [Member] | Roseville, California [Member]

Note 16 - Subsequent Events (Details) [Line Items]

Number of Real Estate Properties Sold

1

Note 17 - Summary Quarterly C71

Note 17 - Summary Quarterly Consolidated Financial Information (Unaudited) (Details) - Quarterly Consolidated Financial Information - USD ($)	3 Months Ended												12 Months Ended
	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2013	Mar. 31, 2013	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Quarterly Consolidated Financial Information [Abstract]
Total revenues	$ 4,432,455	$ 4,414,217	$ 5,987,048	$ 6,409,831	$ 5,192,110	$ 4,705,357	$ 4,054,311	$ 3,868,473	$ 3,519,922	$ 3,676,957	$ 3,560,035	$ 3,652,441	$ 21,243,551	$ 17,820,251	$ 14,409,355
Total expenses	2,817,184	3,998,225	4,463,246	5,453,674	2,315,046	3,950,850	3,569,826	3,597,568	3,558,651	3,223,871	(2,526,996)	3,231,443	16,732,329	13,433,290	7,486,969
Operating income (loss)	1,615,271	415,992	1,523,802	956,157	2,877,064	754,507	484,485	270,905	(38,729)	453,086	6,087,031	420,998	4,511,222	4,386,961	6,922,386
Gain on sale of real estate, net	6,787,254		14,825,858	205,441	503,254	113,113	2,349,808	277,184	230,765	251,887	2,429,872	30,337	21,818,553	3,243,359	2,942,861
Gain on foreclosure of loans					207,734			257,020				952,357		464,754	952,357
Net income before income tax expense	8,402,525	415,992	16,349,660	1,161,598									26,329,775	8,095,074	10,817,604
Income tax expense	93,335												93,335
Net income	8,309,190	415,992	16,349,660	1,161,598	3,588,052	867,620	2,834,293	805,109	192,036	704,973	8,516,903	1,403,692	23,569,116	7,929,629	8,732,897
Less: Net income attributable to non-controlling interests	(36,891)	(31,671)	(2,588,884)	(9,878)	(13,693)	(83,797)	(23,409)	(44,546)	(21,162)	(3,899)	(2,085,886)	26,240	2,667,324	165,445	2,084,707
Net income attributable to common stockholders	$ 8,272,299	$ 384,321	$ 13,760,776	$ 1,151,720	$ 3,574,359	$ 783,823	$ 2,810,884	$ 760,563	$ 170,874	$ 701,074	$ 6,431,017	$ 1,429,932	$ 26,236,440	$ 8,095,074	$ 10,817,604
Earnings per common share (basic and diluted) (in Dollars per share)	$ 0.80	$ 0.04	$ 1.28	$ 0.11	$ 0.33	$ 0.07	$ 0.26	$ 0.07	$ 0.02	$ 0.06	$ 0.57	$ 0.13	$ 2.22	$ 0.74	$ 0.78
Weighted average number of common shares outstanding (basic and diluted) (in Shares)	10,310,149	10,538,735	10,768,001	10,768,001	10,768,001	10,768,001	10,768,001	10,769,498	10,920,690	11,196,646	11,198,119	11,198,119	10,594,807	10,768,370	11,127,820
Dividends declared per share of Common Stock (in Dollars per share)	$ 0.08	$ 0.08	$ 0.18	$ 0.07	$ 0.12	$ 0.05	$ 0.05	$ 0.05	$ 0.05	$ 0.05	$ 0.15	$ 0	$ 0.41	$ 0.27	$ 0.25

Financial Statement Schedule 72

Financial Statement Schedule III - Real Estate and Accumulated Depreciation (Details) - USD ($)	12 Months Ended				36 Months Ended	48 Months Ended
	Dec. 31, 2015	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010	Dec. 31, 2012	Dec. 31, 2012	Dec. 31, 2014	Dec. 31, 2013
Financial Statement Schedule III - Real Estate and Accumulated Depreciation (Details) [Line Items]
SEC Schedule III, Real Estate Accumulated Depreciation	$ 2,915,596	$ 6,518,160			$ 6,518,160	$ 6,518,160	$ 6,075,287	$ 9,599,719
Real Estate Properties [Member]
Financial Statement Schedule III - Real Estate and Accumulated Depreciation (Details) [Line Items]
SEC Schedule III, Real Estate, Federal Income Tax Basis	208,705,000
169 Condominium Units and 160 Unit Vacant Apartment Building Miami, Florida [Member]
Financial Statement Schedule III - Real Estate and Accumulated Depreciation (Details) [Line Items]
SEC Schedule III, Real Estate Accumulated Depreciation	2,791,304
Unimproved Residential and Commercial Land Located in Gypsum, Colorado [Member]
Financial Statement Schedule III - Real Estate and Accumulated Depreciation (Details) [Line Items]
SEC Schedule III, Real Estate, Write-down or Reserve, Amount	5,429,434	$ 5,429,434
Medical Office Condominium Complex, Gilbert, Arizona [Member]
Financial Statement Schedule III - Real Estate and Accumulated Depreciation (Details) [Line Items]
SEC Schedule III, Real Estate Accumulated Depreciation	$ 504,219
60 Condominium Units, Lakewood, Washington [Member]
Financial Statement Schedule III - Real Estate and Accumulated Depreciation (Details) [Line Items]
SEC Schedule III, Real Estate Accumulated Depreciation			$ 274,284
SEC Schedule III, Real Estate, Write-down or Reserve, Amount			1,608,100
Office Condominium Complex, Roseville, California [Member]
Financial Statement Schedule III - Real Estate and Accumulated Depreciation (Details) [Line Items]
SEC Schedule III, Real Estate, Write-down or Reserve, Amount			$ 3,712,707	$ 3,712,707
75 Residential Lots, Auburn, California [Member]
Financial Statement Schedule III - Real Estate and Accumulated Depreciation (Details) [Line Items]
SEC Schedule III, Real Estate, Write-down or Reserve, Amount						$ 9,904,826
Undeveloped, Industrial Land, San Jose, California [Member]
Financial Statement Schedule III - Real Estate and Accumulated Depreciation (Details) [Line Items]
SEC Schedule III, Real Estate, Write-down or Reserve, Amount					$ 1,067,592

Financial Statement Schedule 73

Financial Statement Schedule III - Real Estate and Accumulated Depreciation (Details) - Real Estate and Accumulated Depreciation - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Real Estate Properties [Line Items]
Sales	$ (31,099,086)	$ (1,529,227)	$ (18,023,870)
Accumulated depreciation	(2,915,596)	$ (6,075,287)	$ (9,599,719)	$ (6,518,160)
Carrying value	153,838,412
169 Condominium Units and 160 Unit Vacant Apartment Building Miami, Florida [Member]
Real Estate Properties [Line Items]
Encumbrances	28,703,137
Initial cost	31,768,696
Capitalized costs	20,173,905
Carrying value	$ 51,942,601
Date Acquired	Feb. 2, 2011
Depreciable lives
Commercial Residential Land Under Development (TSV) South Lake Tahoe, California [Member]
Real Estate Properties [Line Items]
Encumbrances	$ 2,900,000
Initial cost	10,822,156
Capitalized costs	12,272,325
Carrying value	$ 23,094,481
Date Acquired
Depreciable lives
Retail Complex South Lake Tahoe, California [Member]
Real Estate Properties [Line Items]
Encumbrances	$ 14,013,901
Initial cost	6,409,617
Capitalized costs	17,469,822
Accumulated depreciation	(756,725)
Carrying value	$ 23,122,714
Date Acquired
Commercial Residential Land Under Construction (Zalanta), South Lake Tahoe, California [Member]
Real Estate Properties [Line Items]
Encumbrances	$ 500,000
Initial cost	7,049,406
Capitalized costs	5,744,855
Carrying value	$ 12,794,261
Date Acquired
Depreciable lives
Residential and Commercial Land, Gypsum, Colorado [Member]
Real Estate Properties [Line Items]
Encumbrances
Initial cost	$ 9,600,000
Capitalized costs	53,434
Impairment writedowns	(5,429,434)
Carrying value	$ 4,224,000
Date Acquired	Oct. 1, 2011
Depreciable lives
Assisted Living Facility, Bensalem, Pennsylvania [Member]
Real Estate Properties [Line Items]
Encumbrances
Initial cost	$ 5,018,166
Capitalized costs	567,184
Accumulated depreciation	(182,974)
Carrying value	$ 5,402,376
Date Acquired	Dec. 12, 2014
Medical Office Condominium Complex, Gilbert, Arizona [Member]
Real Estate Properties [Line Items]
Encumbrances
Initial cost	$ 4,535,781
Capitalized costs	180,706
Carrying value	$ 4,716,487
Date Acquired	May 19, 2010
Depreciable lives
60 Condominium Units, Lakewood, Washington [Member]
Real Estate Properties [Line Items]
Encumbrances
Initial cost	$ 6,616,881
Capitalized costs	65,503
Impairment writedowns	(1,882,384)
Accumulated depreciation	(580,343)
Carrying value	$ 4,219,657
Date Acquired	Aug. 20, 2010
Depreciable lives	27 years 6 months
Office Condominium Complex, Roseville, California [Member]
Real Estate Properties [Line Items]
Encumbrances
Initial cost	$ 8,569,286
Capitalized costs	303,178
Sales	(1,095,670)
Impairment writedowns	(3,712,707)
Accumulated depreciation	(505,701)
Carrying value	$ 3,558,386
Date Acquired	Sep. 26, 2008
75 Residential Lots, Auburn, California [Member]
Real Estate Properties [Line Items]
Encumbrances
Initial cost	$ 13,746,625
Capitalized costs	36,745
Impairment writedowns	(9,904,826)
Carrying value	$ 3,878,544
Date Acquired	Sep. 27, 2007
Depreciable lives
12 Condominium & 3 Commercial Unites, Tacoma, Washington [Member]
Real Estate Properties [Line Items]
Encumbrances
Initial cost	$ 2,486,400
Capitalized costs	84,909
Accumulated depreciation	(211,072)
Carrying value	$ 2,360,237
Date Acquired	Jul. 8, 2011
Marina & Boat Club with 179 Boat Slips, Isleton, California [Member]
Real Estate Properties [Line Items]
Encumbrances
Initial cost	$ 2,002,525
Capitalized costs	680,727
Accumulated depreciation	(82,892)
Carrying value	$ 2,600,360
Date Acquired	Jan. 29, 2013
Undeveloped, Industrial Land, San Jose, California [Member]
Real Estate Properties [Line Items]
Encumbrances
Initial cost	$ 3,025,992
Impairment writedowns	(1,067,592)
Carrying value	$ 1,958,400
Date Acquired	Dec. 27, 2002
Depreciable lives
Golf Course, Auburn, California [Member]
Real Estate Properties [Line Items]
Encumbrances
Initial cost	$ 2,063,970
Capitalized costs	123,640
Accumulated depreciation	(246,365)
Carrying value	$ 1,941,245
Date Acquired	Jun. 20, 2009
Unimproved Residential and Commercial Land, Bethel Island, California [Member]
Real Estate Properties [Line Items]
Encumbrances
Initial cost	$ 2,336,640
Sales	(1,867)
Carrying value	$ 2,334,773
Date Acquired	Mar. 11, 2014
Depreciable lives
Miscellaneous Real Estate [Member]
Real Estate Properties [Line Items]
Encumbrances
Accumulated depreciation	$ (349,524)
Carrying value	$ 5,689,890
Date Acquired
Depreciable lives
Minimum [Member] | Retail Complex South Lake Tahoe, California [Member]
Real Estate Properties [Line Items]
Depreciable lives	5 years
Minimum [Member] | Assisted Living Facility, Bensalem, Pennsylvania [Member]
Real Estate Properties [Line Items]
Depreciable lives	5 years
Minimum [Member] | Office Condominium Complex, Roseville, California [Member]
Real Estate Properties [Line Items]
Depreciable lives	2 years
Minimum [Member] | 12 Condominium & 3 Commercial Unites, Tacoma, Washington [Member]
Real Estate Properties [Line Items]
Depreciable lives	27 years 6 months
Minimum [Member] | Marina & Boat Club with 179 Boat Slips, Isleton, California [Member]
Real Estate Properties [Line Items]
Depreciable lives	5 years
Minimum [Member] | Golf Course, Auburn, California [Member]
Real Estate Properties [Line Items]
Depreciable lives	10 years
Minimum [Member] | Miscellaneous Real Estate [Member]
Real Estate Properties [Line Items]
Depreciable lives
Maximum [Member] | Retail Complex South Lake Tahoe, California [Member]
Real Estate Properties [Line Items]
Depreciable lives	39 years
Maximum [Member] | Assisted Living Facility, Bensalem, Pennsylvania [Member]
Real Estate Properties [Line Items]
Depreciable lives	27 years 6 months
Maximum [Member] | Office Condominium Complex, Roseville, California [Member]
Real Estate Properties [Line Items]
Depreciable lives	39 years
Maximum [Member] | 12 Condominium & 3 Commercial Unites, Tacoma, Washington [Member]
Real Estate Properties [Line Items]
Depreciable lives	39 years
Maximum [Member] | Marina & Boat Club with 179 Boat Slips, Isleton, California [Member]
Real Estate Properties [Line Items]
Depreciable lives	15 years
Maximum [Member] | Golf Course, Auburn, California [Member]
Real Estate Properties [Line Items]
Depreciable lives	39 years

Financial Statement Schedule 74

Financial Statement Schedule III - Real Estate and Accumulated Depreciation (Details) - Changes in Real Estate Held for Sale and Investment - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Changes in Real Estate Held for Sale and Investment [Abstract]
Balance at beginning of period	$ 163,016,805	$ 135,315,964	$ 127,773,349
Balance at end of period	153,838,412	163,016,805	135,315,964
Additions during period:
Acquisitions through foreclosure		9,572,406	19,602,478
Investments in real estate properties	25,274,125	21,866,298	9,017,333
Amortization of deferred financing costs capitalized to construction project	207,347	120,952
Subtotal	188,498,277	166,875,620	156,393,160
Deductions during period:
Cost of real estate properties sold	31,099,086	1,529,227	18,023,870
Impairment losses on real estate properties	1,589,434	179,040	666,240
Depreciation of properties held for investment	$ 1,971,345	$ 2,150,548	$ 2,387,086

Financial Statement Schedule 75

Financial Statement Schedule III - Real Estate and Accumulated Depreciation (Details) - Changes in Accumulated Depreciation - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Changes in Accumulated Depreciation [Abstract]
Balance at beginning of period	$ 6,075,287	$ 9,599,719	$ 6,518,160
Balance at end of period	2,915,596	6,075,287	9,599,719
Additions during period:
Depreciation expense	1,971,345	2,150,548	2,387,086
Previous accumulated depreciation on real estate moved back to held for investment			849,125
Subtotal	8,046,632	11,750,267	9,754,371
Deductions during period:
Accumulated depreciation of real estate sold during 2013			8,663
Accumulated depreciation on real estate moved to held for sale	$ 5,131,036	$ 5,674,980	$ 145,989

Financial Statement Schedule 76

Financial Statement Schedule IV - Mortgage Loans on Real Estate (Details)	Dec. 31, 2015USD ($)
Financial Statement Schedule IV - Mortgage Loans on Real Estate (Details) [Line Items]
Percent of Total Loans	3.00%
Changes in Mortgage Loans on Real Estate [Member]
Financial Statement Schedule IV - Mortgage Loans on Real Estate (Details) [Line Items]
Mortgage Loans on Real Estate, Federal Income Tax Basis	$ 106,744,000

Financial Statement Schedule 77

Financial Statement Schedule IV - Mortgage Loans on Real Estate (Details) - Mortgage Loans on Real Estate - USD ($)	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Participating Mortgage Loans [Line Items]
Carrying amount of mortgages	$ 106,743,807	$ 68,033,511	$ 58,796,293	$ 70,262,262
Principal amount of loans subject to delinquent principal	8,452,253
Principal amount of loans subject to delinquent payments	8,693,807
Loans Positioned First [Member] | Maturity Date, Current to March 2028 [Member]
Participating Mortgage Loans [Line Items]
Carrying amount of mortgages	103,716,010
Principal amount of loans subject to delinquent principal	8,452,253
Principal amount of loans subject to delinquent payments	8,693,807
Loans Positioned Second [Member] | Maturity Date, June 2016 to July 2017 [Member]
Participating Mortgage Loans [Line Items]
Carrying amount of mortgages	3,027,797
Total [Member]
Participating Mortgage Loans [Line Items]
Carrying amount of mortgages	106,743,807
Principal amount of loans subject to delinquent principal	8,452,253
Principal amount of loans subject to delinquent payments	8,693,807
Commercial [Member] | Maturity Date, Current to November 2018 [Member]
Participating Mortgage Loans [Line Items]
Carrying amount of mortgages	76,800,297
Principal amount of loans subject to delinquent principal	1,078,752
Principal amount of loans subject to delinquent payments	1,078,752
Residential [Member] | Maturity Date, Current to March 2028 [Member]
Participating Mortgage Loans [Line Items]
Carrying amount of mortgages	24,675,867
Principal amount of loans subject to delinquent principal	7,373,501
Principal amount of loans subject to delinquent payments	7,615,055
Land Property [Member] | Maturity Date, February 2016 to April 2017 [Member]
Participating Mortgage Loans [Line Items]
Carrying amount of mortgages	5,267,643
Total [Member]
Participating Mortgage Loans [Line Items]
Carrying amount of mortgages	106,743,807
Principal amount of loans subject to delinquent principal	8,452,253
Principal amount of loans subject to delinquent payments	8,693,807
Mortgage Loans Between $0 and $500,000 [Member] | Maturity Date, February 2016 to March 2028 [Member]
Participating Mortgage Loans [Line Items]
Carrying amount of mortgages	2,127,129
Principal amount of loans subject to delinquent payments	241,554
Mortgage Loans Between $500,001 and $1,000,000 [Member] | Maturity Date, March 2016 to February 2018 [Member]
Participating Mortgage Loans [Line Items]
Carrying amount of mortgages	8,452,554
Mortgage Loans Between $1,00,001 to $5,000,000 [Member] | Maturity Date, Current to November 2018 [Member]
Participating Mortgage Loans [Line Items]
Carrying amount of mortgages	66,990,244
Principal amount of loans subject to delinquent principal	1,078,752
Principal amount of loans subject to delinquent payments	1,078,752
Mortgage Loans Over $5,000,000 [Member] | Maturity Date, Current to January 2018 [Member]
Participating Mortgage Loans [Line Items]
Carrying amount of mortgages	29,173,880
Principal amount of loans subject to delinquent principal	7,373,501
Principal amount of loans subject to delinquent payments	$ 7,373,501
Minimum [Member] | Loans Positioned First [Member] | Maturity Date, Current to March 2028 [Member]
Participating Mortgage Loans [Line Items]
Interest rate	5.00%
Minimum [Member] | Loans Positioned Second [Member] | Maturity Date, June 2016 to July 2017 [Member]
Participating Mortgage Loans [Line Items]
Interest rate	7.75%
Minimum [Member] | Commercial [Member] | Maturity Date, Current to November 2018 [Member]
Participating Mortgage Loans [Line Items]
Interest rate	5.00%
Minimum [Member] | Residential [Member] | Maturity Date, Current to March 2028 [Member]
Participating Mortgage Loans [Line Items]
Interest rate	7.50%
Minimum [Member] | Land Property [Member] | Maturity Date, February 2016 to April 2017 [Member]
Participating Mortgage Loans [Line Items]
Interest rate	8.00%
Minimum [Member] | Mortgage Loans Between $0 and $500,000 [Member] | Maturity Date, February 2016 to March 2028 [Member]
Participating Mortgage Loans [Line Items]
Interest rate	7.50%
Minimum [Member] | Mortgage Loans Between $500,001 and $1,000,000 [Member] | Maturity Date, March 2016 to February 2018 [Member]
Participating Mortgage Loans [Line Items]
Interest rate	7.50%
Minimum [Member] | Mortgage Loans Between $1,00,001 to $5,000,000 [Member] | Maturity Date, Current to November 2018 [Member]
Participating Mortgage Loans [Line Items]
Interest rate	5.00%
Minimum [Member] | Mortgage Loans Over $5,000,000 [Member] | Maturity Date, Current to January 2018 [Member]
Participating Mortgage Loans [Line Items]
Interest rate	7.50%
Maximum [Member] | Loans Positioned First [Member] | Maturity Date, Current to March 2028 [Member]
Participating Mortgage Loans [Line Items]
Interest rate	11.00%
Maximum [Member] | Loans Positioned Second [Member] | Maturity Date, June 2016 to July 2017 [Member]
Participating Mortgage Loans [Line Items]
Interest rate	8.25%
Maximum [Member] | Commercial [Member] | Maturity Date, Current to November 2018 [Member]
Participating Mortgage Loans [Line Items]
Interest rate	10.00%
Maximum [Member] | Residential [Member] | Maturity Date, Current to March 2028 [Member]
Participating Mortgage Loans [Line Items]
Interest rate	11.00%
Maximum [Member] | Land Property [Member] | Maturity Date, February 2016 to April 2017 [Member]
Participating Mortgage Loans [Line Items]
Interest rate	9.00%
Maximum [Member] | Mortgage Loans Between $0 and $500,000 [Member] | Maturity Date, February 2016 to March 2028 [Member]
Participating Mortgage Loans [Line Items]
Interest rate	8.50%
Maximum [Member] | Mortgage Loans Between $500,001 and $1,000,000 [Member] | Maturity Date, March 2016 to February 2018 [Member]
Participating Mortgage Loans [Line Items]
Interest rate	8.00%
Maximum [Member] | Mortgage Loans Between $1,00,001 to $5,000,000 [Member] | Maturity Date, Current to November 2018 [Member]
Participating Mortgage Loans [Line Items]
Interest rate	10.00%
Maximum [Member] | Mortgage Loans Over $5,000,000 [Member] | Maturity Date, Current to January 2018 [Member]
Participating Mortgage Loans [Line Items]
Interest rate	11.00%

Financial Statement Schedule 78

Financial Statement Schedule IV - Mortgage Loans on Real Estate (Details) - Changes in Mortgage Loans on Real Estate - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Changes in Mortgage Loans on Real Estate [Abstract]
Balance at beginning of period	$ 68,033,511	$ 58,796,293	$ 70,262,262
Additions during period:
New loans	73,389,645	44,505,577	31,618,852
Discount accretion	536,816	122,004
Advances moved to principal of loans			22,880
Subtotal	141,959,972	103,423,874	101,903,994
Deductions during period:
Collection of principal	35,216,165	27,718,917	15,641,192
Foreclosures		7,671,446	27,466,509
Balance at end of period	$ 106,743,807	$ 68,033,511	$ 58,796,293

Financial Statement Schedule 79

Financial Statement Schedule IV - Mortgage Loans on Real Estate (Details) - Loans Which Exceed Three Percent of the Total Loans	Dec. 31, 2015USD ($)
Participating Mortgage Loans [Line Items]
Prior lients	$ 0
Face amount of mortgages	58,290,000
Carrying amount of mortgages	52,986,878
Principal amount of loans subject to delinquent principal or interest	$ 7,373,501
Office Building and Single Family Home, Dublin, California [Member] | Maturity Date, June 1, 2016 [Member]
Participating Mortgage Loans [Line Items]
Interest rate	8.00%
Prior lients	$ 0
Face amount of mortgages	8,500,000
Carrying amount of mortgages	8,465,379
Principal amount of loans subject to delinquent principal or interest	$ 0
Condominiums, Pheonix, Arizona [Member] | Maturity Date, July 1, 2009 [Member]
Participating Mortgage Loans [Line Items]
Interest rate	11.00%
Prior lients	$ 0
Face amount of mortgages	7,535,000
Carrying amount of mortgages	7,373,501
Principal amount of loans subject to delinquent principal or interest	$ 7,373,501
Office Building, Dublin, California [Member] | Maturity Date, January 1, 2018 [Member]
Participating Mortgage Loans [Line Items]
Interest rate	7.50%
Prior lients	$ 0
Face amount of mortgages	7,000,000
Carrying amount of mortgages	7,000,000
Principal amount of loans subject to delinquent principal or interest	$ 0
Hotel, Novi, Michigan [Member] | Maturity Date, December 31, 2017 [Member]
Participating Mortgage Loans [Line Items]
Interest rate	7.75%
Prior lients	$ 0
Face amount of mortgages	8,835,000
Carrying amount of mortgages	6,335,000
Principal amount of loans subject to delinquent principal or interest	$ 0
Storage Facility, Stockton, California [Member] | Maturity Date, February 29, 2016 [Member]
Participating Mortgage Loans [Line Items]
Interest rate	7.50%
Prior lients	$ 0
Face amount of mortgages	4,650,000
Carrying amount of mortgages	4,650,000
Principal amount of loans subject to delinquent principal or interest	$ 0
Unimproved Land, Fairfield, California [Member] | Maturity Date, April 15, 2017 [Member]
Participating Mortgage Loans [Line Items]
Interest rate	9.00%
Prior lients	$ 0
Face amount of mortgages	4,500,000
Carrying amount of mortgages	4,500,000
Principal amount of loans subject to delinquent principal or interest	$ 0
Office Building, San Francisco, California [Member] | Maturity Date, November 1, 2017 [Member]
Participating Mortgage Loans [Line Items]
Interest rate	7.75%
Prior lients	$ 0
Face amount of mortgages	4,250,000
Carrying amount of mortgages	4,250,000
Principal amount of loans subject to delinquent principal or interest	$ 0
Condominiums, Las Vegas, Nevada [Member] | Maturity Date, January 1, 2018 [Member]
Participating Mortgage Loans [Line Items]
Interest rate	7.75%
Prior lients	$ 0
Face amount of mortgages	3,920,000
Carrying amount of mortgages	3,680,000
Principal amount of loans subject to delinquent principal or interest	$ 0
Marina, Tiburon, California [Member] | Maturity Date, October 1, 2017 [Member]
Participating Mortgage Loans [Line Items]
Interest rate	8.00%
Prior lients	$ 0
Face amount of mortgages	3,500,000
Carrying amount of mortgages	3,500,000
Principal amount of loans subject to delinquent principal or interest	$ 0
Ofiice Building, Chula Vista, California [Member] | Maturity Date, November 1, 2018 [Member]
Participating Mortgage Loans [Line Items]
Interest rate	7.50%
Prior lients	$ 0
Face amount of mortgages	5,600,000
Carrying amount of mortgages	3,232,998
Principal amount of loans subject to delinquent principal or interest	$ 0