Owens Realty Mortgage (ORM) 10-Q 9 May 18 2018 Q1 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	3 Months Ended
	Mar. 31, 2018	May 04, 2018
Document Information [Line Items]
Entity Registrant Name	Owens Realty Mortgage, Inc.
Entity Central Index Key	1,556,364
Trading Symbol	orm
Current Fiscal Year End Date	--12-31
Entity Filer Category	Accelerated Filer
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Well-known Seasoned Issuer	No
Entity Common Stock, Shares Outstanding (in shares)		8,955,308
Document Type	10-Q
Document Period End Date	Mar. 31, 2018
Document Fiscal Year Focus	2,018
Document Fiscal Period Focus	Q1
Amendment Flag	false

Consolidated Balance Sheets (Cu

Consolidated Balance Sheets (Current Period Unaudited) - USD ($)	Mar. 31, 2018	Dec. 31, 2017
ASSETS
Cash, cash equivalents and restricted cash	$ 5,902,365	$ 5,670,816
Loans, net of allowance for losses of $1,637,067 in 2018 and $1,827,806 in 2017	156,344,277	144,343,844
Interest and other receivables	1,264,823	2,430,457
Other assets, net of accumulated depreciation and amortization of $322,203 in 2017 and $309,686 in 2017	622,214	725,341
Deferred financing costs, net of accumulated amortization of $292,099 in 2018 and $265,276 in 2017		26,823
Deferred tax assets, net	3,023,877	3,207,322
Investment in limited liability company	2,172,428	2,140,545
Real estate held for sale	41,899,602	56,110,472
Real estate held for investment	28,804,738	24,355,653
Total assets	240,034,324	239,011,273
LIABILITIES:
Dividends payable	1,449,435	1,572,047
Due to Manager	312,344	277,671
Accounts payable and accrued liabilities	1,314,836	1,390,329
Deferred gains on sales of real estate		302,895
Forward contract liability – share repurchase		2,731,171
Lines of credit payable	12,085,200	1,555,000
Notes and loans payable on real estate	25,238,519	30,192,433
Total liabilities	40,400,334	38,021,546
Commitments and Contingencies (Note 14)
EQUITY:
Preferred stock, $.01 par value per share, 5,000,000 shares authorized, no shares issued and outstanding at March 31, 2018 and December 31, 2017
Common stock, $.01 par value per share, 50,000,000 shares authorized, 11,198,119 shares issued, 9,058,971 and 9,095,454 shares outstanding at March 31, 2018 and December 31, 2017	111,981	111,981
Additional paid-in capital	182,437,522	182,437,522
Treasury stock, at cost – 2,139,148 and 2,102,665 shares at March 31, 2018 and December 31, 2017	(32,197,782)	(31,655,119)
Retained earnings	49,282,269	50,095,343
Total stockholders’ equity	199,633,990	200,989,727
Total liabilities and equity	$ 240,034,324	$ 239,011,273

Consolidated Balance Sheets (C3

Consolidated Balance Sheets (Current Period Unaudited) (Parentheticals) - USD ($)	Mar. 31, 2018	Dec. 31, 2017
Loans, allowance for losses	$ 1,637,067	$ 1,827,806
Other assets, accumulated depreciation and amortization	322,203	309,686
Deferred financing costs, accumulated amortization	292,099	265,276
Real estate held for investment, accumulated depreciation	$ 3,521,308	$ 3,316,753
Preferred stock, par value (in dollars per share)	$ 0.01	$ 0.01
Preferred stock, authorized shares (in shares)	5,000,000	5,000,000
Preferred stock, shares issued (in shares)	0	0
Preferred stock, shares outstanding (in shares)	0	0
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, share authorized (in shares)	50,000,000	50,000,000
Common stock, shares issued (in shares)	11,198,119	11,198,119
Common stock, shares outstanding (in shares)	9,058,971	9,095,454
Treasury stock, shares (in shares)	2,139,148	2,102,665

Consolidated Statements of Inco

Consolidated Statements of Income (Unaudited) - USD ($)	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Revenues:
Interest income on loans	$ 2,889,568	$ 2,547,042
Rental and other income from real estate properties	1,070,236	946,371
Other income	32,116	43,992
Total revenues	3,991,920	3,537,405
Expenses:
Management fees to Manager	737,361	947,514
Servicing fees to Manager	95,143	86,138
General and administrative expense	529,196	483,814
Rental and other expenses on real estate properties	1,459,172	1,203,319
Depreciation and amortization	217,072	309,960
Interest expense	535,907	286,801
(Reversal of) provision for loan losses	(80,265)	38,036
Total expenses	3,493,586	3,355,582
Operating income (loss)	498,334	181,823
Gain (loss) on sales of real estate, net	154,577	(181)
Net income before income tax expense	652,911	181,642
Income tax (expense) benefit	(183,445)	10,036
Net income attributable to common stockholders	$ 469,466	$ 191,678
Per common share data:
Basic and diluted earnings per common share (in dollars per share)	$ 0.05	$ 0.02
Basic and diluted weighted average number of common shares outstanding (in shares)	9,089,270	10,247,477
Dividends declared per share of common stock (in dollars per share)	$ 0.16	$ 0.08

Consolidated Statements of Stoc

Consolidated Statements of Stockholders' Equity (Unaudited) - USD ($)	Common Stock [Member]	Additional Paid-in Capital [Member]	Treasury Stock [Member]	Retained Earnings [Member]	Parent [Member]	Total
Balances (in shares) at Dec. 31, 2016	11,198,119		(950,642)
Balances at Dec. 31, 2016	$ 111,981	$ 182,437,522	$ (12,852,058)	$ 45,830,432	$ 215,527,877
Net income				191,678	191,678	$ 191,678
Dividends declared				(819,798)	(819,798)
Balances (in shares) at Mar. 31, 2017	11,198,119		(950,642)
Balances at Mar. 31, 2017	$ 111,981	182,437,522	$ (12,852,058)	45,202,312	214,899,757
Balances (in shares) at Dec. 31, 2016	11,198,119		(950,642)
Balances at Dec. 31, 2016	$ 111,981	182,437,522	$ (12,852,058)	45,830,432	215,527,877
Balances (in shares) at Dec. 31, 2017	11,198,119		(2,102,665)
Balances at Dec. 31, 2017	$ 111,981	182,437,522	$ (31,655,119)	50,095,343	200,989,727
Net income				469,466	469,466	$ 469,466
Dividends declared				(1,449,435)	(1,449,435)
Net effect of adoption of new accounting standards at Dec. 31, 2017				166,895	166,895
Purchase of treasury stock (in shares)			(36,483)
Purchase of treasury stock			$ (542,663)		(542,663)
Balances (in shares) at Mar. 31, 2018	11,198,119		(2,139,148)
Balances at Mar. 31, 2018	$ 111,981	$ 182,437,522	$ (32,197,782)	$ 49,282,269	$ 199,633,990

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Unaudited) - USD ($)	3 Months Ended		12 Months Ended
	Mar. 31, 2018	Mar. 31, 2017	Dec. 31, 2017
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income	$ 469,466	$ 191,678
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
(Gain) loss on sales of real estate, net	(154,577)	181
Deferred income tax expense (benefit)	183,445	(10,036)
(Recovery of) provision for loan losses	(80,265)	38,036
Depreciation and amortization	217,072	309,960
Amortization of deferred financing costs	85,801	45,902
Accretion of discount on loans	(37,178)
Changes in operating assets and liabilities:
Interest and other receivables	460,384	(1,904)
Other assets	90,610	(57,224)
Investment in limited liability company	(31,883)	(43,992)
Accounts payable and accrued liabilities	(91,862)	(2,385,879)
Due to Manager	34,673	11,905
Forward contract liability	(459,688)
Net cash provided by (used in) operating activities	685,998	(1,901,373)
CASH FLOWS FROM INVESTING ACTIVITIES:
Principal collected on loans	11,728,112	8,603,121
Investment in loans	(18,340,807)	(15,733,733)
Investment in real estate properties	(198,037)	(3,825,224)
Net proceeds from disposition of real estate properties	5,225,168	871,856
Purchases of vehicles and equipment		(10,957)
Net cash used in investing activities	(1,585,564)	(10,094,937)
CASH FLOWS FROM FINANCING ACTIVITIES:
Advances on notes payable	238,393	4,475,120
Repayments on notes payable	(5,251,285)	(96,823)
Advances on lines of credit	12,957,200	14,918,000
Repayments on lines of credit	(2,427,000)	(5,730,000)
Purchase of treasury stock	(2,814,146)
Dividends paid (including tax payments on behalf of shareholders)	(1,572,047)	(1,402,496)
Net cash provided by financing activities	1,131,115	12,163,801
Net increase in cash, cash equivalents and restricted cash	231,549	167,491
Cash, cash equivalents and restricted cash at beginning of period	5,670,816	6,934,243	$ 6,934,243
Cash, cash equivalents and restricted cash at end of period	5,902,365	7,101,734	5,670,816
Supplemental Disclosure of Cash Flow Information
Cash paid during the period for interest (excluding amounts capitalized)	411,017	215,585
Cash paid during the period for interest that was capitalized		267,580
Supplemental Disclosure of Non-Cash Activity
Amortization of deferred financing costs capitalized to construction project		(49,945)
Increase in loans from sales of real estate	5,406,295
Change in capital expenditures financed through accounts payable	(16,369)	(1,197,794)
Dividends declared but not paid	(1,449,435)	(819,798)	$ (1,572,047)
Reversal of deferred gain on adoption of ASU 2014-09	(302,895)
Loan discounts established on adoption of ASU 2014-09	$ 136,000

Note 1 - Organization

Note 1 - Organization	3 Months Ended
	Mar. 31, 2018
Notes to Financial Statements
Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block]	NOTE 1 Owens Realty Mortgage, Inc. (the “Company”) was incorporated on August 9, 2012, 50,000,000 $0.01 5,000,000 $0.01 4, February 12, 2013 ( No. 333 184392 April 16, 2013 May 20, 2013. The Company has elected to be taxed as a real estate investment trust (“REIT”) under the Internal Revenue Code of 1986, December 31, 2012. 100% 90%

Note 2 - Summary of Significant

Note 2 - Summary of Significant Accounting Policies	3 Months Ended
	Mar. 31, 2018
Notes to Financial Statements
Significant Accounting Policies [Text Block]	NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES In the opinion of the management of the Company, the accompanying unaudited financial statements contain all adjustments, consisting of normal, recurring adjustments, necessary to present fairly the financial information included therein. Certain information and footnote disclosures presented in the annual consolidated financial statements are not 10 December 31, 2017 March 13, 2018. three March 31, 2018 not December 31, 2018. 10 Basis of Presentation Princip les of Consolidation The consolidated financial statements include the accounts of the Company, its wholly-owned taxable REIT subsidiaries (“TRSs”) and its majority- and wholly-owned limited liability companies. The Company is in the business of providing mortgage lending services and manages its business as one Certain reclassifications, not 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 Pronouncements In June 2016, 2016 13, 326 2016 13. 2016 13 2016 13 December 15, 2019, December 15, 2018. 2016 13 not may In February 2016, 2016 02, 842 2016 02, 2016 02 December 15, 2018, not 2014 09, not 2016 02 Recently Adopted Accounting Pronouncements On January 1, 2018, 2017 01, 805 2017 01. 2017 01 2017 01 March 31, 2018 not On January 1, 2018, 2016 18, 230 2016 18 2016 18 March 31, 2018 On January 1, 2018, 2016 15, 230 2016 15 eight 2016 15 March 31, 2018 no On January 1, 2018, 2014 09, 606” 606. not 606, 606, 2016 02, The Company adopted ASC 606 not January 1, 2018. January 1, 2018 606 $167,000 January 1, 2018 606 four two $303,000 two $136,000. On January 1, 2018, 2016 01, 825 10 2016 01 2016 01 not 1 2 3 4 2016 01 2016 01 March 31, 2018 Significant Accounting Policies The significant accounting policies used in the preparation of these interim consolidated financial statements are disclosed in the Company’s consolidated financial statements for the year ended December 31, 2017 2017 10 no March 31, 2018, Real Estate Held for Sale The Company records a gain or loss from the sale of real estate when control of the property transfers to the buyer, which generally occurs at the time of an executed deed. When the Company finances the sale of real estate to the buyer, the Company assesses whether the buyer is committed to perform their obligations under the contract and whether the collectability of the transaction price is probable. Once these criteria are met, the real estate is derecognized and the gain or loss on sale is recorded upon the transfer of control of the property to the buyer. In determining the gain or loss on the sale, the Company adjusts the transaction price and related gain (loss) on sale if a significant financing component is present. This adjustment is based on management’s estimate of the fair value of the loan extended to the buyer to finance the sale.

Note 3 - Loans and Allowance fo

Note 3 - Loans and Allowance for Loan Losses	3 Months Ended
	Mar. 31, 2018
Notes to Financial Statements
Allowance for Credit Losses [Text Block]	NOTE 3 – LOANS AND ALLOWANCE FOR LOAN LOSSES Loans are generally stated at the principal amount outstanding, net of unamortized loan discounts which totaled approximately $568,000 March 31, 2018. second third ninety not not not April 1, 2018, not April 1, 2018 ( 9 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 not Regardless of a loan type, a loan is considered impaired when, based on current information and events, management believes it is probable that the Company will be unable to collect all amounts due, including principal and interest, according to the contractual terms of the original agreement. 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 fourth may 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 not The determination of the general reserve for loans that are not not 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 not 1 2 3 Land Loans Commercial and Residential Real Estate Loans may 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. The following tables show the changes in the allowance for loan losses by portfolio segment for the three March 31, 2018 2017 March 31, 2018 December 31, 2017 2018 Commercial Residential Land Total Allowance for loan losses: Three Months Ended March 31, 2018 Beginning balance $ 1,069,458 $ 451,537 $ 306,811 $ 1,827,806 Charge-offs — (186,708 ) — (186,708 ) Recoveries — 76,234 — 76,234 Provision (Reversal) 39,903 (113,878 ) (6,290 ) (80,265 ) Ending balance $ 1,109,361 $ 227,185 $ 300,521 $ 1,637,067 March 31 , 201 8 Ending balance: individually evaluated for impairment $ — $ — $ — $ — Ending balance: collectively evaluated for impairment 1,109,361 227,185 300,521 1,637,067 Ending balance $ 1,109,361 $ 227,185 $ 300,521 $ 1,637,067 Loans: Ending balance: individually evaluated for impairment $ 1,242,956 $ 6,522,732 $ — $ 7,765,688 Ending balance: collectively evaluated for impairment 140,266,507 4,926,689 5,022,460 150,215,656 Ending balance $ 141,509,463 $ 11,449,421 $ 5,022,460 $ 157,981,344 2017 Commercial Residential Land Total Allowance for loan losses: Three Months Ended March 31, 2017 Beginning balance $ 864,971 $ 1,331,318 $ 510,533 $ 2,706,822 Charge-offs — (107,999 ) — (107,999 ) Provision (Reversal) 69,577 (13,964 ) (17,577 ) 38,036 Ending balance $ 934,548 $ 1,209,355 $ 492,956 $ 2,636,859 December 31 , 201 7 Ending balance: individually evaluated for impairment $ — $ 186,708 $ — $ 186,708 Ending balance: collectively evaluated for impairment 1,069,458 264,829 306,811 1,641,098 Ending balance $ 1,069,458 $ 451,537 $ 306,811 $ 1,827,806 Loans: Ending balance: individually evaluated for impairment $ 1,212,851 $ 7,321,359 $ — $ 8,534,210 Ending balance: collectively evaluated for impairment 126,660,430 5,849,436 5,127,574 137,637,440 Ending balance $ 127,873,281 $ 13,170,795 $ 5,127,574 $ 146,171,650 The following tables show an aging analysis of the loan portfolio by the time monthly payments are past due as of March 31, 2018 December 31, 2017. 90 March 31, 2018 December 31, 2018. Loans 30-59 Days Loans 60-89 Days Loans Days Total Past Current Total March 31, 201 8 Past Due Past Due Past Due Due Loans Loans Loans Commercial $ 1,242,956 $ — $ — $ 1,242,956 $ 140,266,507 $ 141,509,463 Residential — 1,937,475 4,585,257 6,522,732 4,926,689 11,449,421 Land — — — — 5,022,460 5,022,460 $ 1,242,956 $ 1,937,475 $ 4,585,257 $ 7,765,688 $ 150,215,656 $ 157,981,344 The above table as of March 31, 2018 nine $8,392,000 $5,174,000 $3,589,000 60 89 $1,585,000 90 $3,218,000 90 Loans 30-59 Days Loans 60-89 Days Loans 90 or More Days Past Due Total Past Current Total December 31, 201 7 Past Due Past Due Past Due Due Loans Loans Loans Commercial $ 1,212,851 $ — $ — $ 1,212,851 $ 126,660,430 $ 127,873,281 Residential — 4,676,433 2,644,926 7,321,359 5,849,436 13,170,795 Land — — — — 5,127,574 5,127,574 $ 1,212,851 $ 4,676,433 $ 2,644,926 $ 8,534,210 $ 137,637,440 $ 146,171,650 The above table as of December 31, 2017 seven $7,585,000 $4,585,000 $3,000,000 30 59 $1,585,000 90 $3,000,000 30 $7,107,000 The following tables show information related to impaired loans as of and for the three March 31, 2018: As of March 31, 201 8 Three Months Ended March 31, 201 8 Recorded Investment Unpaid Principal Balance Related Allowance Average Recorded Investment Interest Income Recognized With no related allowance recorded: Commercial $ 1,253,314 $ 1,242,956 $ — $ 1,239,560 $ 30,105 Residential 6,616,964 6,522,732 — 6,592,041 90,494 Land — — — — — $ 7,870,278 $ 7,765,688 $ 7,831,601 $ 120,599 With an allowance recorded: Commercial $ — $ — $ — $ — $ — Residential — — — 457,307 — Land — — — — — $ — — $ — $ 457,307 $ — Total: Commercial $ 1,256,314 $ 1,242,956 $ — $ 1,239,560 $ 30,105 Residential 6,616,964 6,522,732 — 7,049,348 90,494 Land — — — — — $ 7,870,278 $ 7,765,688 $ — $ 8,288,908 $ 120,599 The following table shows information related to impaired loans as of December 31, 2017 three March 31, 2017: As of December 31, 2017 Three Months Ended March 31, 201 7 Recorded Investment Unpaid Principal Balance Related Allowance Average Recorded Investment Interest Income Recognized With no related allowance recorded: Commercial $ 1,222,499 $ 1,212,851 $ — $ — $ — Residential 6,610,216 6,505,469 — 226,042 4,982 Land — — — — — $ 7,832,715 $ 7,718,320 $ 226,042 $ 4,982 With an allowance recorded: Commercial $ — $ — $ — $ — $ — Residential 1,302,707 815,890 186,708 4,673,655 — Land — — — — — $ 1,302,707 815,890 $ 186,708 $ 4,673,655 $ — Total: Commercial $ 1,222,499 $ 1,212,851 $ — $ — $ — Residential 7,912,923 7,321,359 186,708 4,899,697 4,982 Land — — — — — $ 9,135,422 $ 8,534,210 $ 186,708 $ 4,899,697 $ 4,982 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 may no Troubled Debt Restructurings The Company had recorded specific loan loss allowances of approximately $0 $187,000 $1,464,000 $2,739,000 March 31, 2018 December 31, 2017, not No March 31, 2018 2017, nor twelve three March 31, 2018 2017.

Note 4 - Investment in Limited

Note 4 - Investment in Limited Liability Company	3 Months Ended
	Mar. 31, 2018
Notes to Financial Statements
Equity Method Investments and Joint Ventures Disclosure [Text Block]	NOTE 4 – INVESTMENT IN LIMITED LIABILITY COMPANY During 2008, 1850 “1850” July 2008, two two 1850. 1850 The Company received no 1850 three March 31, 2018 2017. 1850 $32,000 $44,000 three March 31, 2018 2017,

Note 5 - Real Estate Held for S

Note 5 - Real Estate Held for Sale	3 Months Ended
	Mar. 31, 2018
Notes to Financial Statements
Real Estate Owned [Text Block]	NOTE 5 - REAL ESTATE HELD FOR SALE Real estate properties held for sale as of March 31, 2018 December 31, 2017 March 31, 2018 December 31, 2017 Residential $ 20,311,450 $ 24,627,710 Land 9,747,275 14,389,620 Retail 7,633,753 7,632,893 Golf course 1,999,449 1,999,449 Marina 2,207,675 2,207,675 Assisted care — 5,253,125 $ 41,899,602 $ 56,110,472 Transfers During the three March 31, 2018, one $1,915,000 not three March 31, 2018, one $6,561,000 no During the three March 31, 2017, one $1,463,000 one not Impairment Losses No three March 31, 2018 2017. Sales During the three March 31, 2018, the four $10,631,000 $5,406,000 $155,000. During the three March 31, 2017, one one $872,000, Foreclosure Activity There were no three March 31, 2018 2017.

Note 6 - Real Estate Held for I

Note 6 - Real Estate Held for Investment	3 Months Ended
	Mar. 31, 2018
Notes to Financial Statements
Real Estate Held for Investment Disclosure [Text Block]	NOTE 6 - REAL ESTATE HELD FOR INVESTMENT Real estate held for investment as of March 31, 2018 December 31, 2017 March 31, 2018 December 31, 2017 Retail $ 16,470,092 $ 16,623,238 Land 6,664,220 2,018,068 Residential 2,344,883 2,356,995 Office 3,325,543 3,357,352 $ 28,804,738 $ 24,355,653 The balances of land and the major classes of depreciable property for real estate held for investment as of March 31, 2018 December 31, 2017 March 31, 2018 December 31, 2017 Land and land improvements $ 9,758,215 $ 5,112,063 Buildings and improvements 22,567,831 22,560,343 32,326,046 27,672,406 Less: Accumulated depreciation (3,521,308 ) (3,316,753 ) $ 28,804,738 $ 24,355,653 It is the Company’s intent to sell its real estate properties held for investment, but expected sales of these properties are not Depreciation expense was approximately $205,000 $296,000 three March 31, 2018 2017, Certain of the Company’s real estate properties held for sale and investment are leased to tenants under noncancellable leases with remaining terms ranging from one seven five March 31, 2018 Twelve months ending March 31: 2019 $ 2,305,758 2020 1,724,891 2021 1,034,474 2022 963,437 2023 664,369 Thereafter (through 2024) 1,013,285 Total $ 7,706,214

Note 7 - Line of Credit Payable

Note 7 - Line of Credit Payable	3 Months Ended
	Mar. 31, 2018
Notes to Financial Statements
Debt Disclosure [Text Block]	NOTE 7 The Company borrows funds under the revolving California Bank & Trust (“CB&T”) Line of Credit. As of March 31, 2018 December 31, 2017, As of March 31, 201 8 As of December 31, 201 7 Outstanding Balance Total Commitment Outstanding Balance Total Commitment CB&T Line of Credit $ 12,085,200 $ 37,818,000 $ 1,555,000 $ 27,259,000 CB&T Line of Credit In February 2014, April 2015, March 2016 June 2017 $75,000,000 June 1, 2018, February 28, 2018. $3,500,000 Such borrowings bear interest payable monthly at the prime rate of interest established by CB&T from time-to-time plus one .25% 5.0% March 31, 2018). 2.00%. $100,000 $177,000 March 31, 2018). $255,000 March 31, 2018). $119,000 $160,000 three March 31, 2018 2017, $27,000 $37,000, Borrowings are secured by certain assets of the Company. These collateral assets will include the grant to the lenders of first March 31, 2018, Loans: March 31 , 201 8 Commercial $ 71,454,473 Residential 513,107 Total $ 71,967,580 The CB&T Credit Facility agreements contain financial covenants which are customary for a loan of this type. Management is not March 31, 2018.

Note 8 - Notes and Loans Payabl

Note 8 - Notes and Loans Payable on Real Estate	3 Months Ended
	Mar. 31, 2018
Notes to Financial Statements
Mortgage Notes Payable Disclosure [Text Block]	NOTE 8 The Company had the following notes and loans payable outstanding as of March 31, 2018 December 31, 2017: March 31, 2018 Interest Rate December 31, 2017 Interest Rate Payment Terms/ Frequency Maturity Date Tahoe Stateline Venture, LLC Loan Payable $ 13,152,390 4.22% 13,242,514 4.22% Amortizing Monthly January 2021 Zalanta Construction Loan Payable 12,253,520 6.25% 17,176,288 6.25% Interest Only Monthly August 2018 Principal amount $ 25,405,910 $ 30,418,802 Less unamortized deferred financing costs (167,391 ) (226,369 ) Notes and loans payable, net $ 25,238,519 $ 30,192,433 The following table shows maturities by year on these notes and loans payable as of March 31, 2018: Twelve months ending March 31: 2019 $ 12,628,615 2020 391,234 2021 12,386,061 2022 — 2023 — $ 25,405,910 Tahoe Stateline Venture, LLC Loan Payable In December 2014, $14,500,000. $10,445,000 first $3,830,000 September 2015. The maturity date of the TSV Loan is January 1, 2021 ( 3.47% January 1, 2018 three 4.22% five 5.00% ten 10.00% 90 may During the term of the TSV Loan, TSV will make equal combined payments of principal and accrued interest on the first 300 The Credit Agreement required the payment of a closing fee of $108,750 $218,000. three March 31, 2018 2017, $147,000 $127,000, $9,000 $9,000, $101,000 $110,000 March 31, 2018 December 31, 2017, The TSV Loan documents contain financial covenants which are customary for loans of this type. Management is not March 31, 2018. Zalanta Construction Loan Payable In August 2016, $31,000,000, Borrowings under the ZRV Loan documents were only for payment or reimbursement of approved Project costs and such borrowings were subject to customary conditions for loans of this type. The borrowings under the ZRV Loan may not 60% 65% 1.50% no five 5.0% March 31, 2018 6.25%. five 5.0% Interest only payments are payable monthly from an established interest reserve (reserve exhausted during the quarter ended March 31, 2018). August 18, 2017 $6 $6 one August 3, 2018. Borrowings are secured by: (i) a first $3,000,000 2017 $3,000,000 The Loan Agreement required the payment of an origination fee of $310,000 $400,000. three March 31, 2017, $50,000 three March 31, 2017, $290,000 three March 31, 2018, $270,000 $50,000 The ZRV Loan documents contain financial covenants which are customary for loans of this type. Management is not March 31, 2018.

Note 9 - Transactions With Affi

Note 9 - Transactions With Affiliates	3 Months Ended
	Mar. 31, 2018
Notes to Financial Statements
Related Party Transactions Disclosure [Text Block]	NOTE 9 - TRANSACTIONS WITH AFFILIATES The Company is managed by OFG pursuant to the terms of our charter and the Management Agreement, as amended, between the Company and the Manager. Up until July 1, 2017, not 2.75% 12 July 1, 2017 March 31, 2018, 1/12th 1.50% 10 December 31, 2017. April 1, 2018, not 0.25% Management fees amounted to approximately $737,000 $948,000 three March 31, 2018 2017, $95,000 $86,000 three March 31, 2018 2017, March 31, 2018 December 31, 2017, $278,000 $245,000, Up until April 1, 2018, $7,000 $15,000 three March 31, 2018 2017, $7,000 $4,000 three March 31, 2018 2017, OFG originates all loans the Company invests in and, until April 1, 2018, three March 31, 2018 2017, $837,000 $528,000, $49,752,000 $26,655,000, OFG is reimbursed by the Company for the actual cost of goods, services and materials used for or by the Company and paid by OFG and including, until April 1, 2018, $105,000 $93,000 three March 31, 2018 2017, $35,000 $31,000 March 31, 2018 December 31, 2017, no three March 31, 2018 2017. The Company paid Investor’s Yield, Inc. (a wholly owned subsidiary of OFG) less than $1,000 three March 31, 2018 2017. Effective April 1, 2018, No. 1 ● Reduced Management Fee one twelfth 1/12 1.50% first $300,000,000 1.25% $300,000,000. ● Company to Receive 30% thirty 30% thirty 30% seventy 70% ● Company to Receive 30% thirty 30% seventy 70% ● Elimination of Service Fees no ● Elimination of Certain Expense Reimbursements no

Note 10 - Stockholders' Equity

Note 10 - Stockholders' Equity	3 Months Ended
	Mar. 31, 2018
Notes to Financial Statements
Stockholders' Equity Note Disclosure [Text Block]	NOTE 10 – STOCKHOLDERS’ EQUITY Dividends On March 12, 2018, $0.16 March 30, 2018. April 13, 2018 $1,449,435. On March 16, 2017, $0.08 March 31, 2017. April 13, 2017 $819,798. Stock Repurchase Program On June 9, 2017, 10b5 1 “2017 $10 2017 2017 July 13, 2017 December 31, 2017, 341,086 2017 $5,820,000 $17.06 4,000 December 29, 2017 January 2018 $65,000 $16.18 2017 December 29, 2017. On March 12, 2018, 10b5 1 “2018 may $10 2018 2018 March 19, 2018 no 2018 March 18, 2019, may March 31, 2018, 32,483 2018 $478,000 $14.71 88,291 April 2018 ( $1,338,000 $15.15

Note 11 - Contingency Reserves

Note 11 - Contingency Reserves	3 Months Ended
	Mar. 31, 2018
Notes to Financial Statements
Contingencies Disclosure [Text Block]	NOTE 1 1 – 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 1/2% not The contingency reserves required per the charter as of March 31, 2018 December 31, 2017 $3,432,000 $3,464,000,

Note 12 - Income Taxes

Note 12 - Income Taxes	3 Months Ended
	Mar. 31, 2018
Notes to Financial Statements
Income Tax Disclosure [Text Block]	NOTE 12 The Company operates in such a manner as to qualify as a REIT, under the provisions of the Internal Revenue Code of 1986, 90% not 100% Taxable income from non-REIT activities managed through the Company's taxable REIT subsidiaries (“TRS”) (currently Lone Star Golf, Inc. and Zalanta Resort at the Village, LLC) is subject to federal, state and local income taxes. The Company did not three March 31, 2018 2017 December 31, 2017 2016 not $941,000 March 31, 2018 2033 2038. During 2016, two 75 $7,249,000 $15,450,000 December 31, 2016. 2017, $4,041,655 34% 21% 2018 December 22, 2017, The components of the income tax expense (benefit) as it relates to the Company’s taxable income (loss) from domestic TRSs during the three March 31, 2018 2017 Three Months Ended March 31, 2018 Federal State and Local Total Change in valuation allowance $ 103,907 $ 34,555 $ 138,462 Other 21,587 23,396 44,983 Income tax expense (benefit) $ 125,494 $ 57,951 $ 183,445 Three Months Ended March 31, 201 7 Federal State and Local Total Change in valuation allowance $ 35,187 $ — $ 35,187 Other (35,187 ) (10,036 ) (45,223 ) Income tax expense (benefit) $ — $ (10,036 ) $ (10,036 ) A reconciliation of the income tax provision (benefit) based upon the statutory tax rates to the effective rates of our taxable REIT subsidiaries is as follows for the three March 31, 2018 2017: Three Months Ended March 31, 201 8 Three Months Ended March 31, 2017 Tax expense (benefit) at Federal statutory rate $ 33,757 $ (38,600 ) State income tax expense (benefit), net of Federal effect 45,781 (6,623 ) Change in Federal valuation allowance 103,907 35,187 Income tax expense (benefit) $ 183,445 $ (10,036 ) Significant components of the Company’s deferred tax assets (liabilities) for its TRS entities are as follows as of March 31, 2018 December 31, 2017: Deferred tax assets (liabilities): March 31, 2018 December 31, 201 7 Real estate basis differences $ 4,214,019 4,255,681 Net operating losses 1,376,817 1,380,138 Total deferred tax assets 5,590,836 5,635,819 Valuation allowance (2,566,959 ) (2,428,497 ) Net deferred tax assets $ 3,023,877 3,207,322 Deferred income taxes reflect the net tax effects of temporary differences between the carrying amount of assets and liabilities for financial reporting purposes and the amounts for income tax purposes, as well as operating loss and tax credit carryforwards. The Company evaluates the realizability of its deferred tax assets and recognizes a valuation allowance if, based on the available evidence, both positive and negative, it is more likely than not not Management has estimated future taxable gains and losses on sale of ZRV real estate assets to determine how much of the deferred tax assets are realizable. This realizability analysis is inherently subjective and actual results could differ from these estimates. Based on an assessment of all factors, it was determined that a valuation allowance of $2,567,000 $2,428,000 March 31, 2018 December 31, 2017, not $6,234,000 $967,000, March 31, 2018. $3,511,000 March 31, 2018; not not not 2036 2038.

Note 13 - Fair Value

Note 13 - Fair Value	3 Months Ended
	Mar. 31, 2018
Notes to Financial Statements
Fair Value Disclosures [Text Block]	NOTE 1 3 – FAIR VALUE The Company discloses fair value of its financial and nonfinancial assets and liabilities pursuant to ASC 820 Fair Value Measurements and Disclosures 820 Fair value is defined in ASC 820 820 three may Level 1 Quoted prices in active markets for identical assets or liabilities Level 2 Observable inputs other than Level 1 not Level 3 Unobservable inputs that are supported by little or no Level 3 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 one 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 nonrecurring basis. There were no Impaired Loans The Company does not may 310 10 35. third not March 31, 2018 December 31, 2017, third 820, 3. 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 third two 3 The following table presents information about the Company’s assets and liabilities measured at fair value on a nonrecurring basis as of March 31, 2018 December 31, 2017: Fair Value Measurements Using Fair Value Quoted Prices In Active Markets for Identical Assets Significant Other Observable Inputs Significant Unobservable Inputs March 31, 201 8 Nonrecurring: Real estate properties: Commercial $ 2,207,675 $ — $ — 2,207,675 Land 1,914,870 — — 1,914,870 Total $ 4,122,545 $ — $ — 4,122,545 December 31, 201 7 Nonrecurring Impaired loans: Residential $ 1,115,999 $ — $ — $ 1,115,999 Total $ 1,115,999 $ — $ — $ 1,115,999 Real estate properties: Commercial $ 7,460,800 $ — $ — $ 7,460,800 Land 1,914,870 — — 1,914,870 Total $ 9,375,670 $ — $ — $ 9,375,670 There was no three March 31, 2017. No three March 31, 2018 2017, There were no March 31, 2018 December 31, 2017. three March 31, 2018 2017, no 1 2. The following table presents quantitative information about Level 3 March 31, 2018 December 31, 2017: March 31, 201 8 Description Fair Value Valuation Technique Significant Unobservable Inputs Input/Range Weighted Average Real Estate Properties: Commercial $ 2,207,675 Appraisal Comparable Sales Adjustment (23.7)% to (11.6)% N/A Land 1,914,870 Appraisal Comparable Sales Adjustment (50.8)% to 21.9% N/A Estimate of Future Improvements 32.5% N/A December 31, 201 7 Description Fair Value Valuation Technique Significant Unobservable Inputs Input/Range Weighted Average Impaired Loans: Residential $ 1,115,999 Comparable Sales Comparable Sales Adjustment (4.6)% to 4.2% N/A Real Estate Properties: Commercial $ 7,460,800 Appraisal Comparable Sales Adjustment (23.7)% to (11.6)% (13.5)% Land 1,914,870 Appraisal Comparable Sales Adjustment (50.8)% to 21.9% N/A Estimate of Future Improvements 32.5% N/A Where only one one one The approximate carrying amounts and estimated fair values of financial instruments at March 31, 2018 December 31, 2017 Fair Value Measurements at March 31, 201 8 Carrying Value Level 1 Level 2 Level 3 Total Financial assets Cash, cash equivalents and restricted cash $ 5,902,000 $ 5,902,000 $ — $ — $ 5,902,000 Loans, net 156,344,000 — — 156,431,000 156,431,000 Investment in limited liability company 2,172,000 — — 7,550,000 7,550,000 Accrued interest and advances receivable 1,100,000 — — 1,100,000 1,100,000 Financial liabilities Accrued interest payable $ 154,000 $ — $ 108,000 $ 46,000 $ 154,000 Line of credit payable 12,085,000 — 12,085,000 — 12,085,000 Notes and loans payable 25,239,000 — 12,254,000 13,152,000 25,406,000 Fair Value Measurements at December 31, 201 7 Carrying Value Level 1 Level 2 Level 3 Total Financial assets Cash, cash equivalents and restricted cash $ 5,671,000 $ 5,671,000 $ — $ — $ 5,671,000 Loans, net 144,344,000 — — 144,255,000 144,255,000 Investment in limited liability company 2,141,000 — — 4,819,000 4,819,000 Accrued interest and advances receivables 1,459,000 — — 1,459,000 1,459,000 Financial liabilities Accrued interest payable $ 115,000 $ — $ 77,000 $ 38,000 $ 115,000 Line of credit payable 1,555,000 1,555,000 — 1,555,000 Notes and loans payable 30,192,000 — 17,176,000 13,233,000 30,409,000 The fair values of financial instruments in the above table as of March 31, 2018 December 31, 2017 2016 01 2

Note 14 - Commitments and Conti

Note 14 - Commitments and Contingencies	3 Months Ended
	Mar. 31, 2018
Notes to Financial Statements
Commitments and Contingencies Disclosure [Text Block]	NOTE 1 4 - COMMITMENTS AND CONTINGENCIES Contractual Obligations As of March 31, 2018, $39,469,000 $4,878,000 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

Note 15 - Subsequent Events

Note 15 - Subsequent Events	3 Months Ended
	Mar. 31, 2018
Notes to Financial Statements
Subsequent Events [Text Block]	NOTE 1 5 – SUBSEQUENT EVENTS As described above in Note 9, April 1, 2018, As described above in Note 10, 88,291 April 2018 2018 $1,338,000 $15.15 On April 25, 2018, $0.20 June 30, 2018. July 13, 2018 June 29, 2018

Significant Accounting Policies

Significant Accounting Policies (Policies)	3 Months Ended
	Mar. 31, 2018
Accounting Policies [Abstract]
Basis of Accounting, Policy [Policy Text Block]	Princip les of Consolidation The consolidated financial statements include the accounts of the Company, its wholly-owned taxable REIT subsidiaries (“TRSs”) and its majority- and wholly-owned limited liability companies. The Company is in the business of providing mortgage lending services and manages its business as one Certain reclassifications, not
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 Pronouncements In June 2016, 2016 13, 326 2016 13. 2016 13 2016 13 December 15, 2019, December 15, 2018. 2016 13 not may In February 2016, 2016 02, 842 2016 02, 2016 02 December 15, 2018, not 2014 09, not 2016 02 Recently Adopted Accounting Pronouncements On January 1, 2018, 2017 01, 805 2017 01. 2017 01 2017 01 March 31, 2018 not On January 1, 2018, 2016 18, 230 2016 18 2016 18 March 31, 2018 On January 1, 2018, 2016 15, 230 2016 15 eight 2016 15 March 31, 2018 no On January 1, 2018, 2014 09, 606” 606. not 606, 606, 2016 02, The Company adopted ASC 606 not January 1, 2018. January 1, 2018 606 $167,000 January 1, 2018 606 four two $303,000 two $136,000. On January 1, 2018, 2016 01, 825 10 2016 01 2016 01 not 1 2 3 4 2016 01 2016 01 March 31, 2018
Real Estate Held for Development and Sale, Policy [Policy Text Block]	Real Estate Held for Sale The Company records a gain or loss from the sale of real estate when control of the property transfers to the buyer, which generally occurs at the time of an executed deed. When the Company finances the sale of real estate to the buyer, the Company assesses whether the buyer is committed to perform their obligations under the contract and whether the collectability of the transaction price is probable. Once these criteria are met, the real estate is derecognized and the gain or loss on sale is recorded upon the transfer of control of the property to the buyer. In determining the gain or loss on the sale, the Company adjusts the transaction price and related gain (loss) on sale if a significant financing component is present. This adjustment is based on management’s estimate of the fair value of the loan extended to the buyer to finance the sale.

Note 3 - Loans and Allowance 23

Note 3 - Loans and Allowance for Loan Losses (Tables)	3 Months Ended
	Mar. 31, 2018
Notes Tables
Allowance for Credit Losses on Financing Receivables [Table Text Block]	2018 Commercial Residential Land Total Allowance for loan losses: Three Months Ended March 31, 2018 Beginning balance $ 1,069,458 $ 451,537 $ 306,811 $ 1,827,806 Charge-offs — (186,708 ) — (186,708 ) Recoveries — 76,234 — 76,234 Provision (Reversal) 39,903 (113,878 ) (6,290 ) (80,265 ) Ending balance $ 1,109,361 $ 227,185 $ 300,521 $ 1,637,067 March 31 , 201 8 Ending balance: individually evaluated for impairment $ — $ — $ — $ — Ending balance: collectively evaluated for impairment 1,109,361 227,185 300,521 1,637,067 Ending balance $ 1,109,361 $ 227,185 $ 300,521 $ 1,637,067 Loans: Ending balance: individually evaluated for impairment $ 1,242,956 $ 6,522,732 $ — $ 7,765,688 Ending balance: collectively evaluated for impairment 140,266,507 4,926,689 5,022,460 150,215,656 Ending balance $ 141,509,463 $ 11,449,421 $ 5,022,460 $ 157,981,344 2017 Commercial Residential Land Total Allowance for loan losses: Three Months Ended March 31, 2017 Beginning balance $ 864,971 $ 1,331,318 $ 510,533 $ 2,706,822 Charge-offs — (107,999 ) — (107,999 ) Provision (Reversal) 69,577 (13,964 ) (17,577 ) 38,036 Ending balance $ 934,548 $ 1,209,355 $ 492,956 $ 2,636,859 December 31 , 201 7 Ending balance: individually evaluated for impairment $ — $ 186,708 $ — $ 186,708 Ending balance: collectively evaluated for impairment 1,069,458 264,829 306,811 1,641,098 Ending balance $ 1,069,458 $ 451,537 $ 306,811 $ 1,827,806 Loans: Ending balance: individually evaluated for impairment $ 1,212,851 $ 7,321,359 $ — $ 8,534,210 Ending balance: collectively evaluated for impairment 126,660,430 5,849,436 5,127,574 137,637,440 Ending balance $ 127,873,281 $ 13,170,795 $ 5,127,574 $ 146,171,650
Past Due Financing Receivables [Table Text Block]	Loans 30-59 Days Loans 60-89 Days Loans Days Total Past Current Total March 31, 201 8 Past Due Past Due Past Due Due Loans Loans Loans Commercial $ 1,242,956 $ — $ — $ 1,242,956 $ 140,266,507 $ 141,509,463 Residential — 1,937,475 4,585,257 6,522,732 4,926,689 11,449,421 Land — — — — 5,022,460 5,022,460 $ 1,242,956 $ 1,937,475 $ 4,585,257 $ 7,765,688 $ 150,215,656 $ 157,981,344 Loans 30-59 Days Loans 60-89 Days Loans 90 or More Days Past Due Total Past Current Total December 31, 201 7 Past Due Past Due Past Due Due Loans Loans Loans Commercial $ 1,212,851 $ — $ — $ 1,212,851 $ 126,660,430 $ 127,873,281 Residential — 4,676,433 2,644,926 7,321,359 5,849,436 13,170,795 Land — — — — 5,127,574 5,127,574 $ 1,212,851 $ 4,676,433 $ 2,644,926 $ 8,534,210 $ 137,637,440 $ 146,171,650
Impaired Financing Receivables [Table Text Block]	As of March 31, 201 8 Three Months Ended March 31, 201 8 Recorded Investment Unpaid Principal Balance Related Allowance Average Recorded Investment Interest Income Recognized With no related allowance recorded: Commercial $ 1,253,314 $ 1,242,956 $ — $ 1,239,560 $ 30,105 Residential 6,616,964 6,522,732 — 6,592,041 90,494 Land — — — — — $ 7,870,278 $ 7,765,688 $ 7,831,601 $ 120,599 With an allowance recorded: Commercial $ — $ — $ — $ — $ — Residential — — — 457,307 — Land — — — — — $ — — $ — $ 457,307 $ — Total: Commercial $ 1,256,314 $ 1,242,956 $ — $ 1,239,560 $ 30,105 Residential 6,616,964 6,522,732 — 7,049,348 90,494 Land — — — — — $ 7,870,278 $ 7,765,688 $ — $ 8,288,908 $ 120,599 As of December 31, 2017 Three Months Ended March 31, 201 7 Recorded Investment Unpaid Principal Balance Related Allowance Average Recorded Investment Interest Income Recognized With no related allowance recorded: Commercial $ 1,222,499 $ 1,212,851 $ — $ — $ — Residential 6,610,216 6,505,469 — 226,042 4,982 Land — — — — — $ 7,832,715 $ 7,718,320 $ 226,042 $ 4,982 With an allowance recorded: Commercial $ — $ — $ — $ — $ — Residential 1,302,707 815,890 186,708 4,673,655 — Land — — — — — $ 1,302,707 815,890 $ 186,708 $ 4,673,655 $ — Total: Commercial $ 1,222,499 $ 1,212,851 $ — $ — $ — Residential 7,912,923 7,321,359 186,708 4,899,697 4,982 Land — — — — — $ 9,135,422 $ 8,534,210 $ 186,708 $ 4,899,697 $ 4,982

Note 5 - Real Estate Held for24

Note 5 - Real Estate Held for Sale (Tables)	3 Months Ended
	Mar. 31, 2018
Notes Tables
Properties Acquired Through Foreclosure [Table Text Block]	March 31, 2018 December 31, 2017 Residential $ 20,311,450 $ 24,627,710 Land 9,747,275 14,389,620 Retail 7,633,753 7,632,893 Golf course 1,999,449 1,999,449 Marina 2,207,675 2,207,675 Assisted care — 5,253,125 $ 41,899,602 $ 56,110,472

Note 6 - Real Estate Held for25

Note 6 - Real Estate Held for Investment (Tables)	3 Months Ended
	Mar. 31, 2018
Notes Tables
Schedule of Future Minimum Rental Payments for Operating Leases [Table Text Block]	Twelve months ending March 31: 2019 $ 2,305,758 2020 1,724,891 2021 1,034,474 2022 963,437 2023 664,369 Thereafter (through 2024) 1,013,285 Total $ 7,706,214
By Property [Member]
Notes Tables
Schedule of Real Estate Properties [Table Text Block]	March 31, 2018 December 31, 2017 Retail $ 16,470,092 $ 16,623,238 Land 6,664,220 2,018,068 Residential 2,344,883 2,356,995 Office 3,325,543 3,357,352 $ 28,804,738 $ 24,355,653 March 31, 2018 December 31, 2017 Land and land improvements $ 9,758,215 $ 5,112,063 Buildings and improvements 22,567,831 22,560,343 32,326,046 27,672,406 Less: Accumulated depreciation (3,521,308 ) (3,316,753 ) $ 28,804,738 $ 24,355,653

Note 7 - Line of Credit Payab26

Note 7 - Line of Credit Payable (Tables)	3 Months Ended
	Mar. 31, 2018
Notes Tables
Schedule of Line of Credit Facilities [Table Text Block]	As of March 31, 201 8 As of December 31, 201 7 Outstanding Balance Total Commitment Outstanding Balance Total Commitment CB&T Line of Credit $ 12,085,200 $ 37,818,000 $ 1,555,000 $ 27,259,000
Schedule of Financial Instruments Owned and Pledged as Collateral [Table Text Block]	Loans: March 31 , 201 8 Commercial $ 71,454,473 Residential 513,107 Total $ 71,967,580

Note 8 - Notes and Loans Paya27

Note 8 - Notes and Loans Payable on Real Estate (Tables)	3 Months Ended
	Mar. 31, 2018
Notes Tables
Schedule of Debt [Table Text Block]	March 31, 2018 Interest Rate December 31, 2017 Interest Rate Payment Terms/ Frequency Maturity Date Tahoe Stateline Venture, LLC Loan Payable $ 13,152,390 4.22% 13,242,514 4.22% Amortizing Monthly January 2021 Zalanta Construction Loan Payable 12,253,520 6.25% 17,176,288 6.25% Interest Only Monthly August 2018 Principal amount $ 25,405,910 $ 30,418,802 Less unamortized deferred financing costs (167,391 ) (226,369 ) Notes and loans payable, net $ 25,238,519 $ 30,192,433
Schedule of Maturities of Long-term Debt [Table Text Block]	Twelve months ending March 31: 2019 $ 12,628,615 2020 391,234 2021 12,386,061 2022 — 2023 — $ 25,405,910

Note 12 - Income Taxes (Tables)

Note 12 - Income Taxes (Tables)	3 Months Ended
	Mar. 31, 2018
Notes Tables
Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]	Three Months Ended March 31, 2018 Federal State and Local Total Change in valuation allowance $ 103,907 $ 34,555 $ 138,462 Other 21,587 23,396 44,983 Income tax expense (benefit) $ 125,494 $ 57,951 $ 183,445 Three Months Ended March 31, 201 7 Federal State and Local Total Change in valuation allowance $ 35,187 $ — $ 35,187 Other (35,187 ) (10,036 ) (45,223 ) Income tax expense (benefit) $ — $ (10,036 ) $ (10,036 )
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]	Three Months Ended March 31, 201 8 Three Months Ended March 31, 2017 Tax expense (benefit) at Federal statutory rate $ 33,757 $ (38,600 ) State income tax expense (benefit), net of Federal effect 45,781 (6,623 ) Change in Federal valuation allowance 103,907 35,187 Income tax expense (benefit) $ 183,445 $ (10,036 )
Schedule of Deferred Tax Assets and Liabilities [Table Text Block]	Deferred tax assets (liabilities): March 31, 2018 December 31, 201 7 Real estate basis differences $ 4,214,019 4,255,681 Net operating losses 1,376,817 1,380,138 Total deferred tax assets 5,590,836 5,635,819 Valuation allowance (2,566,959 ) (2,428,497 ) Net deferred tax assets $ 3,023,877 3,207,322

Note 13 - Fair Value (Tables)

Note 13 - Fair Value (Tables)	3 Months Ended
	Mar. 31, 2018
Notes Tables
Fair Value Measurements, Nonrecurring [Table Text Block]	Fair Value Measurements Using Fair Value Quoted Prices In Active Markets for Identical Assets Significant Other Observable Inputs Significant Unobservable Inputs March 31, 201 8 Nonrecurring: Real estate properties: Commercial $ 2,207,675 $ — $ — 2,207,675 Land 1,914,870 — — 1,914,870 Total $ 4,122,545 $ — $ — 4,122,545 December 31, 201 7 Nonrecurring Impaired loans: Residential $ 1,115,999 $ — $ — $ 1,115,999 Total $ 1,115,999 $ — $ — $ 1,115,999 Real estate properties: Commercial $ 7,460,800 $ — $ — $ 7,460,800 Land 1,914,870 — — 1,914,870 Total $ 9,375,670 $ — $ — $ 9,375,670
Fair Value Measurement Inputs and Valuation Techniques [Table Text Block]	Description Fair Value Valuation Technique Significant Unobservable Inputs Input/Range Weighted Average Real Estate Properties: Commercial $ 2,207,675 Appraisal Comparable Sales Adjustment (23.7)% to (11.6)% N/A Land 1,914,870 Appraisal Comparable Sales Adjustment (50.8)% to 21.9% N/A Estimate of Future Improvements 32.5% N/A Description Fair Value Valuation Technique Significant Unobservable Inputs Input/Range Weighted Average Impaired Loans: Residential $ 1,115,999 Comparable Sales Comparable Sales Adjustment (4.6)% to 4.2% N/A Real Estate Properties: Commercial $ 7,460,800 Appraisal Comparable Sales Adjustment (23.7)% to (11.6)% (13.5)% Land 1,914,870 Appraisal Comparable Sales Adjustment (50.8)% to 21.9% N/A Estimate of Future Improvements 32.5% N/A
Fair Value, by Balance Sheet Grouping [Table Text Block]	Fair Value Measurements at March 31, 201 8 Carrying Value Level 1 Level 2 Level 3 Total Financial assets Cash, cash equivalents and restricted cash $ 5,902,000 $ 5,902,000 $ — $ — $ 5,902,000 Loans, net 156,344,000 — — 156,431,000 156,431,000 Investment in limited liability company 2,172,000 — — 7,550,000 7,550,000 Accrued interest and advances receivable 1,100,000 — — 1,100,000 1,100,000 Financial liabilities Accrued interest payable $ 154,000 $ — $ 108,000 $ 46,000 $ 154,000 Line of credit payable 12,085,000 — 12,085,000 — 12,085,000 Notes and loans payable 25,239,000 — 12,254,000 13,152,000 25,406,000 Fair Value Measurements at December 31, 201 7 Carrying Value Level 1 Level 2 Level 3 Total Financial assets Cash, cash equivalents and restricted cash $ 5,671,000 $ 5,671,000 $ — $ — $ 5,671,000 Loans, net 144,344,000 — — 144,255,000 144,255,000 Investment in limited liability company 2,141,000 — — 4,819,000 4,819,000 Accrued interest and advances receivables 1,459,000 — — 1,459,000 1,459,000 Financial liabilities Accrued interest payable $ 115,000 $ — $ 77,000 $ 38,000 $ 115,000 Line of credit payable 1,555,000 1,555,000 — 1,555,000 Notes and loans payable 30,192,000 — 17,176,000 13,233,000 30,409,000

Note 1 - Organization (Details

Note 1 - Organization (Details Textual) - $ / shares	Mar. 31, 2018	Dec. 31, 2017	Aug. 09, 2012
Common Stock, Shares Authorized	50,000,000	50,000,000	50,000,000
Common Stock, Par or Stated Value Per Share	$ 0.01	$ 0.01	$ 0.01
Preferred Stock, Shares Authorized	5,000,000	5,000,000
Preferred Stock, Par or Stated Value Per Share	$ 0.01	$ 0.01
Potential Percentage Penalty Tax	100.00%
REIT Minimum Percent Distribution of Taxable Income	90.00%

Note 2 - Summary of Significa31

Note 2 - Summary of Significant Accounting Policies (Details Textual)	3 Months Ended
	Mar. 31, 2018USD ($)	Mar. 31, 2017USD ($)	Dec. 31, 2017USD ($)
Number of Operating Segments	1
Reversal of Deferred Gain on Adoption of ASU 2014-09	$ 302,895
Loan Discounts Established on Adoption of ASU 2014-09	$ 136,000
Retained Earnings [Member]
Cumulative Effect of New Accounting Principle in Period of Adoption			$ 166,895
Retained Earnings [Member] | Accounting Standards Update 2014-09 [Member]
Cumulative Effect of New Accounting Principle in Period of Adoption			$ 167,000

Note 3 - Loans and Allowance 32

Note 3 - Loans and Allowance for Loan Losses (Details Textual) xbrli-pure in Thousands	3 Months Ended
	Mar. 31, 2018USD ($)	Mar. 31, 2017	Dec. 31, 2017USD ($)
Unamortized Loan Commitment and Origination Fees and Unamortized Discounts or Premiums, Total	$ 568,000
Financing Receivable, Recorded Investment, Current	150,215,656		$ 137,637,440
Financing Receivable, Recorded Investment, Past Due, Total	7,765,688		8,534,210
Allowance for Loan and Lease Losses, Real Estate	1,637,067		1,827,806
Loans and Leases Receivable, Impaired, Commitment to Lend	$ 0		0
Financing Receivable, Modifications, Number of Contracts	0	0
Financing Receivable, Modifications, Subsequent Default, Number of Contracts	0	0
Extended Maturity [Member]
Allowance for Loan and Lease Losses, Real Estate	$ 0		187,000
Financing Receivable, Modifications, Recorded Investment	1,464,000		2,739,000
Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due, Total	1,937,475		4,676,433
Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due, Total	4,585,257		2,644,926
Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due, Total	1,242,956		1,212,851
Commercial Portfolio Segment [Member]
Financing Receivable, Recorded Investment, Current	140,266,507		126,660,430
Financing Receivable, Recorded Investment, Past Due, Total	1,242,956		1,212,851
Commercial Portfolio Segment [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due, Total
Commercial Portfolio Segment [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due, Total
Commercial Portfolio Segment [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due, Total	1,242,956		1,212,851
Residential Portfolio Segment [Member]
Financing Receivable, Recorded Investment, Current	4,926,689		5,849,436
Financing Receivable, Recorded Investment, Past Due, Total	6,522,732		7,321,359
Residential Portfolio Segment [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due, Total	1,937,475		4,676,433
Residential Portfolio Segment [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due, Total	4,585,257		2,644,926
Residential Portfolio Segment [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due, Total
Interest Payments only and In the process of being Extended, Paid Off or Refinanced [Member]
Financing Receivable, Recorded Investment, Current	8,392,000		7,585,000
Interest Payments only and In the process of being Extended, Paid Off or Refinanced [Member] | Commercial Portfolio Segment [Member]
Financing Receivable, Recorded Investment, Current	5,174,000		4,585,000
Interest Payments only and In the process of being Extended, Paid Off or Refinanced [Member] | Commercial Portfolio Segment [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Current	3,589,000
Interest Payments only and In the process of being Extended, Paid Off or Refinanced [Member] | Commercial Portfolio Segment [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Current	1,585,000		1,585,000
Interest Payments only and In the process of being Extended, Paid Off or Refinanced [Member] | Commercial Portfolio Segment [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Current			3,000,000
Interest Payments only and In the process of being Extended, Paid Off or Refinanced [Member] | Residential Portfolio Segment [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Current	$ 3,218,000
Interest Payments only and In the process of being Extended, Paid Off or Refinanced [Member] | Residential Portfolio Segment [Member] | Financing Receivables, 1 to 29 Days Past Due [Member]
Financing Receivable, Recorded Investment, Current			3,000,000
Past Maturity Loans [Member] | Residential Portfolio Segment [Member]
Financing Receivable, Recorded Investment, Past Due, Total			$ 7,107,000

Note 3 - Loans and Allowance 33

Note 3 - Loans and Allowance for Loan Losses - Allocation of the Allowance for Loan Losses (Details) - USD ($)	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017	Mar. 31, 2018	Dec. 31, 2017
Allowance for loan losses:
Beginning balance	$ 1,827,806	$ 2,706,822
Charge-offs	(186,708)	(107,999)
Recoveries	76,234
Provision (Reversal)	(80,265)	38,036
Ending balance: individually evaluated for impairment - allowance for loan losses				$ 186,708
Ending balance: collectively evaluated for impairment - allowance for loan losses			1,637,067	1,641,098
Ending balance - allowance for loan losses	1,827,806	2,706,822	1,637,067	1,827,806
Ending balance: individually evaluated for impairment - loans			7,765,688	8,534,210
Ending balance: collectively evaluated for impairment - loans			150,215,656	137,637,440
Ending balance - loans			157,981,344	146,171,650
Ending balance	1,637,067	2,636,859
Commercial Portfolio Segment [Member]
Allowance for loan losses:
Beginning balance	1,069,458	864,971
Charge-offs
Recoveries
Provision (Reversal)	39,903	69,577
Ending balance: individually evaluated for impairment - allowance for loan losses
Ending balance: collectively evaluated for impairment - allowance for loan losses			1,109,361	1,069,458
Ending balance - allowance for loan losses	1,069,458	864,971	1,109,361	1,069,458
Ending balance: individually evaluated for impairment - loans			1,242,956	1,212,851
Ending balance: collectively evaluated for impairment - loans			140,266,507	126,660,430
Ending balance - loans			141,509,463	127,873,281
Ending balance	1,109,361	934,548
Residential Portfolio Segment [Member]
Allowance for loan losses:
Beginning balance	451,537	1,331,318
Charge-offs	(186,708)	(107,999)
Recoveries	76,234
Provision (Reversal)	(113,878)	(13,964)
Ending balance: individually evaluated for impairment - allowance for loan losses				186,708
Ending balance: collectively evaluated for impairment - allowance for loan losses			227,185	264,829
Ending balance - allowance for loan losses	451,537	1,331,318	227,185	451,537
Ending balance: individually evaluated for impairment - loans			6,522,732	7,321,359
Ending balance: collectively evaluated for impairment - loans			4,926,689	5,849,436
Ending balance - loans			11,449,421	13,170,795
Ending balance	227,185	1,209,355
Land Portfolio Segment [Member]
Allowance for loan losses:
Beginning balance	306,811	510,533
Charge-offs
Recoveries
Provision (Reversal)	(6,290)	(17,577)
Ending balance: individually evaluated for impairment - allowance for loan losses
Ending balance: collectively evaluated for impairment - allowance for loan losses			300,521	306,811
Ending balance - allowance for loan losses	306,811	510,533	300,521	306,811
Ending balance: individually evaluated for impairment - loans
Ending balance: collectively evaluated for impairment - loans			5,022,460	5,127,574
Ending balance - loans			$ 5,022,460	$ 5,127,574
Ending balance	$ 300,521	$ 492,956

Note 3 - Loans and Allowance 34

Note 3 - Loans and Allowance for Loan Losses - Aging Analysis of the Loan Portfolio by the Time Past Due (Details) - USD ($)	Mar. 31, 2018	Dec. 31, 2017
Past due loans	$ 7,765,688	$ 8,534,210
Current loans	150,215,656	137,637,440
Total Loans	157,981,344	146,171,650
Financing Receivables, 30 to 59 Days Past Due [Member]
Past due loans	1,242,956	1,212,851
Financing Receivables, 60 to 89 Days Past Due [Member]
Past due loans	1,937,475	4,676,433
Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Past due loans	4,585,257	2,644,926
Commercial Portfolio Segment [Member]
Past due loans	1,242,956	1,212,851
Current loans	140,266,507	126,660,430
Total Loans	141,509,463	127,873,281
Commercial Portfolio Segment [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Past due loans	1,242,956	1,212,851
Commercial Portfolio Segment [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Past due loans
Commercial Portfolio Segment [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Past due loans
Residential Portfolio Segment [Member]
Past due loans	6,522,732	7,321,359
Current loans	4,926,689	5,849,436
Total Loans	11,449,421	13,170,795
Residential Portfolio Segment [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Past due loans
Residential Portfolio Segment [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Past due loans	1,937,475	4,676,433
Residential Portfolio Segment [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Past due loans	4,585,257	2,644,926
Land Portfolio Segment [Member]
Past due loans
Current loans	5,022,460	5,127,574
Total Loans	5,022,460	5,127,574
Land Portfolio Segment [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Past due loans
Land Portfolio Segment [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Past due loans
Land Portfolio Segment [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Past due loans

Note 3 - Loans and Allowance 35

Note 3 - Loans and Allowance for Loan Losses - Impaired Loans (Details) - USD ($)	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017	Dec. 31, 2017
Recorded investment, with no related allowance	$ 7,870,278		$ 7,832,715
Unpaid principal balance, with no related allowance	7,765,688		7,718,320
Average recorded investment, with no related allowance	7,831,601	$ 226,042
Interest income recognized, with no related allowance	120,599	4,982
Recorded investment, with related allowance			1,302,707
Unpaid principal balance, with related allowance			815,890
Related allowance			186,708
Average recorded investment, with related allowance	457,307	4,673,655
Interest income recognized, with related allowance
Recorded investment	7,870,278		9,135,422
Unpaid principal balance	7,765,688		8,534,210
Average recorded investment	8,288,908	4,899,697
Interest income recognized	120,599	4,982
Commercial Portfolio Segment [Member]
Recorded investment, with no related allowance	1,253,314		1,222,499
Unpaid principal balance, with no related allowance	1,242,956		1,212,851
Average recorded investment, with no related allowance	1,239,560
Interest income recognized, with no related allowance	30,105
Recorded investment, with related allowance
Unpaid principal balance, with related allowance
Related allowance
Average recorded investment, with related allowance
Interest income recognized, with related allowance
Recorded investment	1,256,314		1,222,499
Unpaid principal balance	1,242,956		1,212,851
Average recorded investment	1,239,560
Interest income recognized	30,105
Residential Portfolio Segment [Member]
Recorded investment, with no related allowance	6,616,964		6,610,216
Unpaid principal balance, with no related allowance	6,522,732		6,505,469
Average recorded investment, with no related allowance	6,592,041	226,042
Interest income recognized, with no related allowance	90,494	4,982
Recorded investment, with related allowance			1,302,707
Unpaid principal balance, with related allowance			815,890
Related allowance			186,708
Average recorded investment, with related allowance	457,307	4,673,655
Interest income recognized, with related allowance
Recorded investment	6,616,964		7,912,923
Unpaid principal balance	6,522,732		7,321,359
Average recorded investment	7,049,348	4,899,697
Interest income recognized	90,494	4,982
Land Portfolio Segment [Member]
Recorded investment, with no related allowance
Unpaid principal balance, with no related allowance
Average recorded investment, with no related allowance
Interest income recognized, with no related allowance
Recorded investment, with related allowance
Unpaid principal balance, with related allowance
Related allowance
Average recorded investment, with related allowance
Interest income recognized, with related allowance
Recorded investment
Unpaid principal balance
Average recorded investment
Interest income recognized

Note 4 - Investment in Limite36

Note 4 - Investment in Limited Liability Company (Details Textual) - 1850 [Member]	3 Months Ended
	Mar. 31, 2018USD ($)	Mar. 31, 2017USD ($)	Jul. 31, 2008
Number of Real Estate Properties			2
Number of Companies			2
Proceeds from Equity Method Investment, Distribution	$ 0	$ 0
Income (Loss) from Equity Method Investments, Total	$ 32,000	$ 44,000

Note 5 - Real Estate Held for37

Note 5 - Real Estate Held for Sale (Details Textual)	3 Months Ended
	Mar. 31, 2018USD ($)	Mar. 31, 2017USD ($)
Impairment of Real Estate	$ 0	$ 0
Gain (Loss) on Sale of Properties	154,577	(181)
Foreclosed Real Estate Expense	$ 0	$ 0
Land Property [Member]
Number of Real Estate Properties Transferred from Held for Investment to Held for Sale	1
Real Estate Properties, Transfer to Held for Investment from Held for Sale	$ 1,915,000
Gain (Loss) on Transfers Between Held for Sale and Held for Investment	$ 0
Number of Real Estate Properties Transferred from Held for Sale to Held for Investment	1
Real Estate Properties, Transfer to Held for Sale from Held for Investment	$ 6,561,000
Number of Real Estate Properties Sold		1
Marinas [Member]
Number of Real Estate Properties Transferred from Held for Investment to Held for Sale		1
Real Estate Properties, Transfer to Held for Investment from Held for Sale		$ 1,463,000
Gain (Loss) on Transfers Between Held for Sale and Held for Investment		0
Assisted Care Facility [Member]
Number of Real Estate Properties Sold	1
Condominium Property [Member]
Number of Real Estate Properties Sold	4
Real Estate Properties Sold during the Period [Member]
Proceeds from Sale of Other Real Estate	$ 10,631,000	$ 872,000
Receivables, Net, Current, Total	$ 5,406,000
Office Property [Member]
Number of Real Estate Properties Sold		1

Note 5 - Real Estate Held for38

Note 5 - Real Estate Held for Sale - Properties Acquired Through Foreclosure (Details) - USD ($)	Mar. 31, 2018	Dec. 31, 2017
Real estate held for sale	$ 41,899,602	$ 56,110,472
Residential [Member]
Real estate held for sale	20,311,450	24,627,710
Improved and Unimproved Land [Member]
Real estate held for sale	9,747,275	14,389,620
Retail Site [Member]
Real estate held for sale	7,633,753	7,632,893
Golf Course [Member]
Real estate held for sale	1,999,449	1,999,449
Marinas [Member]
Real estate held for sale	2,207,675	2,207,675
Assisted Care Facility [Member]
Real estate held for sale		$ 5,253,125

Note 6 - Real Estate Held for39

Note 6 - Real Estate Held for Investment (Details Textual) - USD ($)	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Depreciation, Total	$ 205,000	$ 296,000
Minimum [Member]
Remaining Term on Lease	1 year
Maximum [Member]
Remaining Term on Lease	7 years

Note 6 - Real Estate Held for40

Note 6 - Real Estate Held for Investment - Real Estate Held for Investment (Details) - USD ($)	Mar. 31, 2018	Dec. 31, 2017
Real estate held for investment	$ 28,804,738	$ 24,355,653
Land and land improvements	9,758,215	5,112,063
Buildings and improvements	22,567,831	22,560,343
Real estate held for investment, at cost	32,326,046	27,672,406
Less: Accumulated depreciation	(3,521,308)	(3,316,753)
Real estate held for investment	28,804,738	24,355,653
Retail Site [Member]
Real estate held for investment	16,470,092	16,623,238
Real estate held for investment	16,470,092	16,623,238
Improved and Unimproved Land [Member]
Real estate held for investment	6,664,220	2,018,068
Real estate held for investment	6,664,220	2,018,068
Residential [Member]
Real estate held for investment	2,344,883	2,356,995
Real estate held for investment	2,344,883	2,356,995
Office Building [Member]
Real estate held for investment	3,325,543	3,357,352
Real estate held for investment	$ 3,325,543	$ 3,357,352

Note 6 - Real Estate Held for41

Note 6 - Real Estate Held for Investment - Future Minimum Rental Income From Noncancellable Operating Leases (Details)	Mar. 31, 2018USD ($)
2,019	$ 2,305,758
2,020	1,724,891
2,021	1,034,474
2,022	963,437
2,023	664,369
Thereafter (through 2024)	1,013,285
Total	$ 7,706,214

Note 7 - Line of Credit Payab42

Note 7 - Line of Credit Payable (Details Textual) - USD ($)	1 Months Ended		3 Months Ended
	Mar. 31, 2016	Feb. 28, 2014	Mar. 31, 2018	Mar. 31, 2017
Interest Expense, Total			$ 535,907	$ 286,801
Non-interest Bearing Deposit Required Under CB&T Credit Facility [Member]
Restricted Cash and Cash Equivalents, Total		$ 3,500,000
CB & T Credit Facility [Member]
Line of Credit Facility Maximum Borrowing Capacity Additional Amount		$ 75,000,000
Debt Instrument, Basis Spread on Variable Rate		0.25%
Interest Rate Increases Upon Default		2.00%
Loan Processing Fee	$ 255,000	$ 100,000
Debt Issuance Costs, Line of Credit Arrangements, Gross		$ 177,000
Interest Expense, Total			119,000	160,000
Amortization of Debt Issuance Costs			$ 27,000	$ 37,000
CB & T Credit Facility [Member] | Prime Rate [Member]
Debt Instrument, Interest Rate, Stated Percentage			5.00%

Note 7 - Line of Credit Payab43

Note 7 - Line of Credit Payable - Credit Facilities (Details) - USD ($)	Mar. 31, 2018	Dec. 31, 2017
Lines of credit payable	$ 12,085,200	$ 1,555,000
CB and T [Member]
Lines of credit payable	12,085,200	1,555,000
Lines of credit, commitment	$ 37,818,000	$ 27,259,000

Note 7 - Line of Credit Payab44

Note 7 - Line of Credit Payable - Loans Securing Credit Facility (Details) - CB and T [Member]	Mar. 31, 2018USD ($)
Carrying amount of loans securing CB&T Facility	$ 71,967,580
Commercial Loan [Member]
Carrying amount of loans securing CB&T Facility	71,454,473
Residential Real Estate [Member]
Carrying amount of loans securing CB&T Facility	$ 513,107

Note 8 - Notes and Loans Paya45

Note 8 - Notes and Loans Payable on Real Estate (Details Textual) - USD ($)	1 Months Ended	3 Months Ended		12 Months Ended
	Aug. 31, 2016	Mar. 31, 2018	Mar. 31, 2017	Dec. 31, 2017	Dec. 31, 2014	Aug. 18, 2017	Sep. 30, 2015
Interest Expense, Total		$ 535,907	$ 286,801
Debt Issuance Costs, Net, Total		167,391		$ 226,369
Repayments of Notes Payable		$ 5,251,285	96,823
TSV Credit Agreement [Member] | Tahoe Stateline Venture, LLC [Member]
Debt Instrument, Face Amount					$ 14,500,000
Proceeds from Issuance of Debt					$ 10,445,000
Debt Instrument, Unused Borrowing Capacity, Amount							$ 3,830,000
Debt Instrument, Interest Rate, Stated Percentage		4.22%			3.47%
Debt Instrument, Amortization Period		25 years
Debt Issuance Costs, Gross					$ 218,000
Interest Expense, Total		$ 147,000	127,000
Amortization of Debt Issuance Costs		9,000	9,000
Debt Issuance Costs, Net, Total		$ 101,000		110,000
TSV Credit Agreement [Member] | Tahoe Stateline Venture, LLC [Member] | Closing Fee [Member]
Debt Issuance Costs, Gross					$ 108,750
TSV Credit Agreement [Member] | Tahoe Stateline Venture, LLC [Member] | Outstanding Principal Balance [Member]
Debt Instrument Default Rate Increase		5.00%
TSV Credit Agreement [Member] | Tahoe Stateline Venture, LLC [Member] | Other Outstanding Obligations [Member]
Debt Instrument Default Rate Increase		10.00%
Loan Agreement [Member] | ZRV and ZRV II [Member] | Western Alliance Bank [Member]
Interest Expense, Total		$ 270,000
Amortization of Debt Issuance Costs		$ 50,000	50,000
Debt Issuance Costs, Net, Total	$ 400,000
Debt Agreement, Maximum Borrowing Capacity	$ 31,000,000
Debt Agreement, Maximum Borrowing Capacity, Percentage of Project Value	60.00%
Debt Agreement, Maximum Borrowing Capacity, Percentage of Total Cost of Project	65.00%
Debt Instrument, Interest Rate, Effective Percentage		6.25%
Debt Agreement, Increase in Interest Rate Upon Default	5.00%
Debt Agreement, Curtailment Requirement						$ 6,000,000
Debt Instrument, Collateral Amount						$ 3,000,000
Repayments of Notes Payable				$ 3,000,000
Debt Agreement, Origination Fee Obligation	$ 310,000
Interest Costs Capitalized			$ 290,000
Loan Agreement [Member] | ZRV and ZRV II [Member] | Western Alliance Bank [Member] | Minimum [Member]
Debt Instrument, Interest Rate, Stated Percentage	5.00%
Loan Agreement [Member] | ZRV and ZRV II [Member] | Western Alliance Bank [Member] | Prime Rate [Member]
Debt Instrument, Basis Spread on Variable Rate	1.50%

Note 8 - Notes and Loans Paya46

Note 8 - Notes and Loans Payable on Real Estate - Notes and Loans Payable Outstanding (Details) - USD ($)	Mar. 31, 2018	Dec. 31, 2017
Debt instrument, outstanding	$ 25,405,910	$ 30,418,802
Less unamortized deferred financing costs	(167,391)	(226,369)
Notes and loans payable, net	25,238,519	30,192,433
Tahoe Stateline Venture, LLC [Member] | TSV Credit Agreement [Member]
Debt instrument, outstanding	$ 13,152,390	$ 13,242,514
Debt Instrument, Interest Rate, Stated Percentage	4.22%	4.22%
Zalanta Resort at the Village, LLC [Member] | Loan Agreement [Member]
Debt instrument, outstanding	$ 12,253,520	$ 17,176,288
Debt Instrument, Interest Rate, Stated Percentage	6.25%	6.25%

Note 8 - Notes and Loans Paya47

Note 8 - Notes and Loans Payable on Real Estate - Notes and Loans Payable Maturities (Details) - USD ($)	Mar. 31, 2018	Dec. 31, 2017
2,019	$ 12,628,615
2,020	391,234
2,021	12,386,061
2,022
2,023
Total	$ 25,405,910	$ 30,418,802

Note 9 - Transactions With Af48

Note 9 - Transactions With Affiliates (Details Textual) - USD ($)	Apr. 01, 2018	Mar. 31, 2018	Mar. 31, 2017	Mar. 31, 2018	Dec. 31, 2017
Interim Management Fee, Input, Percentage of Opening Stockholders' Equity Balance				1.50%
Management Fee Expense		$ 737,361	$ 947,514
Professional and Contract Services Expense, Total		95,143	86,138
Due to Related Parties, Total		312,344		$ 312,344	$ 277,671
Late Fee Income Generated by Servicing Financial Assets, Amount		7,000	15,000
Ancillary Fee Income Generated by Servicing Financial Assets, Amount		7,000	4,000
Loan Fees Earned by OFG		837,000	528,000
Owens Financial Group Inc. [Member]
Due to Related Parties, Total		35,000		35,000	31,000
Loans Originated or Extended		49,752,000	26,655,000
Related Party Transaction, Amounts of Transaction		105,000	93,000
OFG Officers [Member]
Related Party Transaction, Amounts of Transaction		0	0
OFG Officers [Member] | Subsequent Event [Member]
Interim Management Fee, Input, Percentage Stockholders' Equity Balance, First $300,000,000	1.50%
Interim Management Fee, Input, Percentage Stockholders' Equity Balance, After $300,000,000	1.25%
Related Party Transaction, Percentage of Gross Loan Fees Received	30.00%
Related Party Transaction, Percentage of Gross Loan Extension or Modification Fee Received	30.00%
Related Party Transaction, Management Fee	70.00%
Related Party Transaction, Late Payment Fee Received	30.00%
Related Party Transaction, Late Payment Fee	70.00%
Investors Yield Inc. [Member]
Related Party Transaction, Amounts of Transaction		$ 1,000	$ 1,000
Management Fee [Member]
Related Party Transaction, Rate		2.75%
Servicing Fee [Member]
Related Party Transaction, Rate		0.25%
Management and Service Fees [Member] | Owens Financial Group Inc. [Member]
Due to Related Parties, Total		$ 278,000		$ 278,000	$ 245,000

Note 10 - Stockholders' Equity

Note 10 - Stockholders' Equity (Details Textual) - USD ($)	Apr. 25, 2018	Apr. 13, 2018	Mar. 12, 2018	Apr. 13, 2017	Mar. 16, 2017	Apr. 30, 2018	Mar. 31, 2018	Mar. 31, 2017	Dec. 31, 2017	Jun. 09, 2017
Common Stock, Dividends, Per Share, Declared			$ 0.16		$ 0.08		$ 0.16	$ 0.08
Dividends, Total				$ 819,798
The 2017 Repurchase Plan [Member]
Stock Repurchase Program, Authorized Amount										$ 10,000,000
Treasury Stock, Shares, Acquired							4,000		341,086
Treasury Stock, Value, Acquired, Cost Method							$ 65,000		$ 5,820,000
Treasury Stock Acquired, Average Cost Per Share							$ 16.18		$ 17.06
The 2018 Repurchase Plan [Member]
Stock Repurchase Program, Authorized Amount			$ 10,000,000
Treasury Stock, Shares, Acquired							32,483
Treasury Stock, Value, Acquired, Cost Method							$ 478,000
Treasury Stock Acquired, Average Cost Per Share							$ 14.71
Subsequent Event [Member]
Common Stock, Dividends, Per Share, Declared	$ 0.20
Dividends, Total		$ 1,449,435
Subsequent Event [Member] | The 2018 Repurchase Plan [Member]
Treasury Stock, Shares, Acquired						88,291
Treasury Stock, Value, Acquired, Cost Method						$ 1,338,000
Treasury Stock Acquired, Average Cost Per Share						$ 15.15

Note 11 - Contingency Reserves

Note 11 - Contingency Reserves (Details Textual) - USD ($)	Mar. 31, 2018	Dec. 31, 2017
Contingency Reserves as a Percent of Capital	1.50%
Contingency Reserves [Member]
Restricted Cash and Cash Equivalents, Total	$ 3,432,000	$ 3,464,000

Note 12 - Income Taxes (Details

Note 12 - Income Taxes (Details Textual)	3 Months Ended		12 Months Ended
	Mar. 31, 2018USD ($)	Mar. 31, 2017USD ($)	Dec. 31, 2018	Dec. 31, 2017USD ($)	Dec. 31, 2016USD ($)
Deferred Tax Assets, Net, Total					$ 7,249,000
Deferred Tax Assets, Real Estate, Difference Between Book Value and Tax Basis					15,450,000
Income Tax Expense (Benefit), Total	$ 183,445	$ (10,036)
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent				34.00%
Deferred Tax Assets, Valuation Allowance, Total	2,566,959			$ 2,428,497
Deferred Tax Assets, Operating Loss Carryforwards, Total	1,376,817			1,380,138
Federal and State NOLs in ZRV [Member]
Deferred Tax Assets, Valuation Allowance, Total	2,567,000			2,428,000
Lone Star Golf, Inc., Zalanta Resort and East G, LLC [Member]
Current Income Tax Expense (Benefit), Total	0	$ 0		0	$ 0
Lone Star Golf, Inc., Zalanta Resort and East G, LLC [Member] | State and Local Jurisdiction [Member] | California Franchise Tax Board [Member]
Operating Loss Carryforwards, Total	941,000
Lone Star Golf, Inc., Zalanta Resort and East G, LLC [Member] | Domestic Tax Authority [Member] | Internal Revenue Service (IRS) [Member]
Operating Loss Carryforwards, Total	941,000
Zalanta [Member]
Number of Real Estate Properties Sold					2
Income Tax Expense (Benefit), Total				$ 4,041,655
Baldwin Ranch Subdivision, LLC [Member]
Number of Real Estate Properties					75
Zalanta Resort at the Village, LLC [Member] | State and Local Jurisdiction [Member] | California Franchise Tax Board [Member]
Operating Loss Carryforwards, Total	967,000
Zalanta Resort at the Village, LLC [Member] | State and Local Jurisdiction [Member] | Arizona Department of Revenue [Member]
Operating Loss Carryforwards, Total	3,511,000
Deferred Tax Assets, Operating Loss Carryforwards, Total	0
Zalanta Resort at the Village, LLC [Member] | Domestic Tax Authority [Member] | Internal Revenue Service (IRS) [Member]
Operating Loss Carryforwards, Total	$ 6,234,000
To Maintain REIT Status for Federal Income Tax Purposes [Member]
Minimum Percentage of Taxable Income to be Distributed to Stockholders	90.00%
Threshold to not be Subject to Federal Corporate Income Tax [Member]
Minimum Percentage of Taxable Income to be Distributed to Stockholders	100.00%
Scenario, Forecast [Member]
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent			21.00%

Note 12 - Income Taxes - Income

Note 12 - Income Taxes - Income Tax Expense (Benefit) (Details) - USD ($)	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Change in valuation allowance, federal	$ 103,907	$ 35,187
Change in valuation allowance, state and local	34,555
Change in valuation allowance	138,462	35,187
Other, federal	21,587	(35,187)
Other, state and local	23,396	(10,036)
Other	44,983	(45,223)
Income tax expense (benefit), federal	125,494
Income tax expense (benefit), state and local	57,951	(10,036)
Income Tax Expense (Benefit), Total	$ 183,445	$ (10,036)

Note 12 - Income Taxes - Reconc

Note 12 - Income Taxes - Reconciliation of Income Tax (Benefit) Provision (Details) - USD ($)	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Tax expense (benefit) at Federal statutory rate	$ 33,757	$ (38,600)
State income tax expense (benefit), net of Federal effect	45,781	(6,623)
Change in Federal valuation allowance	103,907	35,187
Income tax expense (benefit)	$ 183,445	$ (10,036)

Note 12 - Income Taxes - Deferr

Note 12 - Income Taxes - Deferred Tax Assets (Liabilities) (Details) - USD ($)	Mar. 31, 2018	Dec. 31, 2017
Real estate basis differences	$ 4,214,019	$ 4,255,681
Net operating losses	1,376,817	1,380,138
Total deferred tax assets	5,590,836	5,635,819
Valuation allowance	(2,566,959)	(2,428,497)
Net deferred tax assets	$ 3,023,877	$ 3,207,322

Note 13 - Fair Value (Details T

Note 13 - Fair Value (Details Textual) - USD ($)	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017	Dec. 31, 2017
Impairment of Real Estate	$ 0	$ 0
Fair Value, Measurements, Recurring [Member]
Assets, Fair Value Disclosure	0
Financial and Nonfinancial Liabilities, Fair Value Disclosure	0
Fair Value, Measurements, Nonrecurring [Member]
Financial and Nonfinancial Liabilities, Fair Value Disclosure	$ 0		$ 0

Note 13 - Fair Value - Assets a

Note 13 - Fair Value - Assets and Liabilities Measured at Fair Value on a Nonrecurring Basis (Details) - Fair Value, Measurements, Nonrecurring [Member] - USD ($)	Mar. 31, 2018	Dec. 31, 2017
Real estate, fair value	$ 4,122,545	$ 9,375,670
Impaired loans, fair value		1,115,999
Fair Value, Inputs, Level 1 [Member]
Real estate, fair value
Impaired loans, fair value
Fair Value, Inputs, Level 2 [Member]
Real estate, fair value
Impaired loans, fair value
Fair Value, Inputs, Level 3 [Member]
Real estate, fair value	4,122,545	9,375,670
Impaired loans, fair value		1,115,999
Commercial Portfolio Segment [Member]
Real estate, fair value	2,207,675	7,460,800
Commercial Portfolio Segment [Member] | Fair Value, Inputs, Level 1 [Member]
Real estate, fair value
Commercial Portfolio Segment [Member] | Fair Value, Inputs, Level 2 [Member]
Real estate, fair value
Commercial Portfolio Segment [Member] | Fair Value, Inputs, Level 3 [Member]
Real estate, fair value	2,207,675	7,460,800
Land Portfolio Segment [Member]
Real estate, fair value	1,914,870	1,914,870
Land Portfolio Segment [Member] | Fair Value, Inputs, Level 1 [Member]
Real estate, fair value
Land Portfolio Segment [Member] | Fair Value, Inputs, Level 2 [Member]
Real estate, fair value
Land Portfolio Segment [Member] | Fair Value, Inputs, Level 3 [Member]
Real estate, fair value	$ 1,914,870	1,914,870
Residential Portfolio Segment [Member]
Impaired loans, fair value		1,115,999
Residential Portfolio Segment [Member] | Fair Value, Inputs, Level 1 [Member]
Impaired loans, fair value
Residential Portfolio Segment [Member] | Fair Value, Inputs, Level 2 [Member]
Impaired loans, fair value
Residential Portfolio Segment [Member] | Fair Value, Inputs, Level 3 [Member]
Impaired loans, fair value		$ 1,115,999

Note 13 - Fair Value - Level 3

Note 13 - Fair Value - Level 3 Fair Value Measurements for Financial Instruments (Details) - Fair Value, Measurements, Nonrecurring [Member]	Mar. 31, 2018USD ($)	Dec. 31, 2017USD ($)
Real estate, fair value	$ 4,122,545	$ 9,375,670
Impaired loans, fair value		1,115,999
Commercial Portfolio Segment [Member]
Real estate, fair value	2,207,675	7,460,800
Commercial Portfolio Segment [Member] | Valuation, Cost Approach [Member]
Real estate, fair value	$ 2,207,675	$ 7,460,800
Commercial Portfolio Segment [Member] | Valuation, Cost Approach [Member] | Minimum [Member] | Measurement Input, Comparability Adjustment [Member]
Real estate, measurement input	(23.7)	(23.7)
Commercial Portfolio Segment [Member] | Valuation, Cost Approach [Member] | Maximum [Member] | Measurement Input, Comparability Adjustment [Member]
Real estate, measurement input	(11.6)	(11.6)
Commercial Portfolio Segment [Member] | Valuation, Cost Approach [Member] | Weighted Average [Member] | Measurement Input, Comparability Adjustment [Member]
Real estate, measurement input		(13.5)
Residential Portfolio Segment [Member]
Impaired loans, fair value		$ 1,115,999
Residential Portfolio Segment [Member] | Valuation, Market Approach [Member]
Impaired loans, fair value		$ 1,115,999
Residential Portfolio Segment [Member] | Valuation, Market Approach [Member] | Minimum [Member] | Measurement Input, Comparability Adjustment [Member]
Impaired loans, measurement input		(4.6)
Residential Portfolio Segment [Member] | Valuation, Market Approach [Member] | Maximum [Member] | Measurement Input, Comparability Adjustment [Member]
Impaired loans, measurement input		4.2
Land Portfolio Segment [Member]
Real estate, fair value	$ 1,914,870	$ 1,914,870
Land Portfolio Segment [Member] | Valuation, Cost Approach [Member]
Real estate, fair value	$ 1,914,870	$ 1,914,870
Land Portfolio Segment [Member] | Valuation, Cost Approach [Member] | Measurement Input, Estimate of Future Improvements [Member]
Real estate, measurement input	32.5	32.5
Land Portfolio Segment [Member] | Valuation, Cost Approach [Member] | Minimum [Member] | Measurement Input, Comparability Adjustment [Member]
Real estate, measurement input	(50.8)	(50.8)
Land Portfolio Segment [Member] | Valuation, Cost Approach [Member] | Maximum [Member] | Measurement Input, Comparability Adjustment [Member]
Real estate, measurement input	21.9	21.9

Note 13 - Fair Value - Carrying

Note 13 - Fair Value - Carrying Amounts and Estimated Fair Values of Financial Instruments (Details) - USD ($)	Mar. 31, 2018	Dec. 31, 2017
Fair Value, Inputs, Level 1 [Member]
Cash, cash equivalents and restricted cash	$ 5,902,000	$ 5,671,000
Loans, net
Investment in limited liability company
Accrued interest and advances receivable
Accrued interest payable
Line of credit payable
Notes and loans payable
Fair Value, Inputs, Level 2 [Member]
Cash, cash equivalents and restricted cash
Loans, net
Investment in limited liability company
Accrued interest and advances receivable
Accrued interest payable	108,000	77,000
Line of credit payable	12,085,000	1,555,000
Notes and loans payable	12,254,000	17,176,000
Fair Value, Inputs, Level 3 [Member]
Cash, cash equivalents and restricted cash
Loans, net	156,431,000	144,255,000
Investment in limited liability company	7,550,000	4,819,000
Accrued interest and advances receivable	1,100,000	1,459,000
Accrued interest payable	46,000	38,000
Line of credit payable
Notes and loans payable	13,152,000	13,233,000
Reported Value Measurement [Member]
Cash, cash equivalents and restricted cash	5,902,000	5,671,000
Loans, net	156,344,000	144,344,000
Investment in limited liability company	2,172,000	2,141,000
Accrued interest and advances receivable	1,100,000	1,459,000
Accrued interest payable	154,000	115,000
Line of credit payable	12,085,000	1,555,000
Notes and loans payable	25,239,000	30,192,000
Estimate of Fair Value Measurement [Member]
Cash, cash equivalents and restricted cash	5,902,000	5,671,000
Loans, net	156,431,000	144,255,000
Investment in limited liability company	7,550,000	4,819,000
Accrued interest and advances receivable	1,100,000	1,459,000
Accrued interest payable	154,000	115,000
Line of credit payable	12,085,000	1,555,000
Notes and loans payable	$ 25,406,000	$ 30,409,000

Note 14 - Commitments and Con59

Note 14 - Commitments and Contingencies (Details Textual)	Mar. 31, 2018USD ($)
Contractual Obligation, Total	$ 39,469,000
Interest Reserves [Member]
Contractual Obligation, Total	$ 4,878,000

Note 15 - Subsequent Events (De

Note 15 - Subsequent Events (Details Textual) - USD ($)	Apr. 25, 2018	Mar. 12, 2018	Mar. 16, 2017	Apr. 30, 2018	Mar. 31, 2018	Mar. 31, 2017
Common Stock, Dividends, Per Share, Declared		$ 0.16	$ 0.08		$ 0.16	$ 0.08
Subsequent Event [Member]
Common Stock, Dividends, Per Share, Declared	$ 0.20
Dividends Payable, Date to be Paid	Jul. 13, 2018
Dividends Payable, Date of Record	Jun. 29, 2018
The 2018 Repurchase Plan [Member]
Treasury Stock, Shares, Acquired					32,483
Treasury Stock, Value, Acquired, Cost Method					$ 478,000
Treasury Stock Acquired, Average Cost Per Share					$ 14.71
The 2018 Repurchase Plan [Member] | Subsequent Event [Member]
Treasury Stock, Shares, Acquired				88,291
Treasury Stock, Value, Acquired, Cost Method				$ 1,338,000
Treasury Stock Acquired, Average Cost Per Share				$ 15.15