Owens Realty Mortgage (ORM) 10-K 15 Mar 19 2018 FY Annual report Financial data

Document And Entity Information

Document And Entity Information - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Mar. 13, 2019	Jun. 30, 2018
Document Information [Line Items]
Entity Registrant Name	Owens Realty Mortgage, Inc.
Entity Central Index Key	0001556364
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 Emerging Growth Company	false
Entity Small Business	true
Entity Common Stock, Shares Outstanding (in shares)		8,482,880
Entity Public Float			$ 139,041
Entity Shell Company	false
Document Type	10-K
Document Period End Date	Dec. 31, 2018
Document Fiscal Year Focus	2018
Document Fiscal Period Focus	FY
Amendment Flag	false

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($)	Dec. 31, 2018	Dec. 31, 2017
Assets
Cash, cash equivalents and restricted cash	$ 4,514,301	$ 5,670,816
Loans, net of allowance for loan losses of $1,478,188 in 2018 and $1,827,806 in 2017	141,204,055	144,343,844
Interest and other receivables	1,104,638	2,430,457
Other assets, net of accumulated depreciation and amortization of $85,944 in 2018 and $309,686 in 2017	416,615	725,341
Deferred financing costs, net of accumulated amortization of $82,635 in 2018 and $265,276 in 2017	351,199	26,823
Deferred tax assets, net	2,697,480	3,207,322
Investment in limited liability company	2,139,242	2,140,545
Real estate held for sale	34,093,790	56,110,472
Real estate held for investment, net of accumulated depreciation of $2,679,823 in 2018 and $3,316,753 in 2017	22,548,720	24,355,653
Total assets	209,070,040	239,011,273
Liabilities:
Dividends payable	1,696,576	1,572,047
Due to Manager	242,170	277,671
Accounts payable and accrued liabilities	1,245,609	1,390,329
Deferred gains		302,895
Forward contract liability – share repurchase		2,731,171
Line of credit payable	1,728,000	1,555,000
Notes and loans payable on real estate	12,798,903	30,192,433
Total liabilities	17,711,258	38,021,546
Commitments and Contingencies (Note 15)
Equity:
Preferred stock, $.01 par value per share, 5,000,000 shares authorized, no shares issued and outstanding at December 31, 2018 and 2017
Common stock, $.01 par value per share, 50,000,000 shares authorized, 11,198,119 shares issued, 8,482,880 and 9,095,454 shares outstanding at December 31, 2018 and 2017	111,981	111,981
Additional paid-in capital	182,437,522	182,437,522
Treasury stock, at cost – 2,715,239 and 2,102,665 shares at December 31, 2018 and 2017	(41,753,190)	(31,655,119)
Retained earnings	50,562,469	50,095,343
Total stockholders’ equity	191,358,782	200,989,727
Total liabilities and equity	$ 209,070,040	$ 239,011,273

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parentheticals) - USD ($)	Dec. 31, 2018	Dec. 31, 2017
Loans, allowance of losses	$ 1,478,188	$ 1,827,806
Other assets, accumulated depreciation and amortization	85,944	309,686
Deferred financing costs, accumulated amortization	82,635	265,276
Real estate held for investment, accumulated depreciation	$ 2,679,823	$ 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)	8,482,880	9,095,454
Treasury stock, shares (in shares)	2,715,239	2,102,665

Consolidated Statements of Inco

Consolidated Statements of Income - USD ($)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Revenues:
Interest and related income from loans	$ 12,281,261	$ 10,840,730	$ 8,922,142
Rental and other income from real estate properties	4,129,261	4,505,385	7,977,400
Other income	386,499	187,013	179,449
Total revenues	16,797,021	15,533,128	17,078,991
Expenses:
Management fees to Manager	2,906,333	3,546,085	3,286,470
Servicing fees to Manager	95,143	362,411	298,770
General and administrative expense	3,389,524	2,234,230	1,568,890
Rental and other expenses on real estate properties	3,858,962	4,980,900	7,060,526
Depreciation and amortization	761,717	1,138,515	1,258,305
Interest expense	2,132,776	1,587,695	2,859,294
(Recovery of) provision for loan losses	(239,144)	(360,012)	1,284,896
Impairment losses on real estate properties	1,053,161	1,423,286	3,227,807
Total expenses	13,958,472	14,913,110	20,844,958
Operating income (loss)	2,838,549	620,018	(3,765,967)
Gain on sales of real estate, net	4,610,824	14,728,921	24,497,763
Settlement expense		(2,627,436)
Net income before income tax expense	7,449,373	12,721,503	20,731,796
Income tax (expense) benefit	(559,842)	(4,041,655)	7,248,977
Net income	6,889,531	8,679,848	27,980,773
Less: Net income attributable to non-controlling interests			(3,571,003)
Net income attributable to common stockholders	$ 6,889,531	$ 8,679,848	$ 24,409,770
Per common share data:
Basic and diluted earnings per common share (in dollars per share)	$ 0.79	$ 0.85	$ 2.38
Basic and diluted weighted average number of common shares outstanding (in shares)	8,764,568	10,162,496	10,247,477
Dividends declared per share of common stock (in dollars per share)	$ 0.76	$ 0.38	$ 0.32

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 (in shares) at Dec. 31, 2015	11,198,119		(950,642)
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
Net income				24,409,770	24,409,770	3,571,003	27,980,773
Dividends declared				(3,279,193)	(3,279,193)		(3,279,193)
Tax payment made on behalf of stockholders (Note 9)				(582,698)	(582,698)		(582,698)
Contribution from non-controlling interest						44,207	44,207
Distributions to non-controlling interests						(8,144,059)	(8,144,059)
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		215,527,877
Net income				8,679,848	8,679,848		8,679,848
Dividends declared				(3,774,670)	(3,774,670)		(3,774,670)
Tax payment made on behalf of stockholders (Note 9)				(640,267)	(640,267)		(640,267)
Purchase of treasury stock (in shares)			(1,152,023)
Purchase of treasury stock			$ (18,803,061)		(18,803,061)		(18,803,061)
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		200,989,727
Net income				6,889,531	6,889,531		6,889,531
Dividends declared				(6,589,300)	(6,589,300)		(6,589,300)
Purchase of treasury stock (in shares)			(612,574)
Purchase of treasury stock			$ (10,098,071)		(10,098,071)		(10,098,071)
Balances (in shares) at Dec. 31, 2018	11,198,119		(2,715,239)
Balances at Dec. 31, 2018	$ 111,981	182,437,522	$ (41,753,190)	50,562,469	191,358,782		191,358,782
Net effect of adoption of new accounting standards				$ 166,895	$ 166,895		$ 166,895

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Cash flows from operating activities:
Net income	$ 6,889,531	$ 8,679,848	$ 27,980,773
Adjustments to reconcile net income to net cash (used in) provided by operating activities:
Gain on sales of real estate, net	(4,610,824)	(14,728,921)	(24,497,763)
Deferred income tax benefit	509,842	4,041,655	(7,248,977)
Distribution received from equity method investee	384,500	185,000	180,000
Income in earnings of equity method investee	(383,197)	(185,063)	(179,450)
(Reversal of) provision for loan losses	(239,144)	(360,012)	1,284,896
Impairment losses on real estate properties	1,053,161	1,423,286	3,227,807
Depreciation and amortization	761,717	1,138,515	1,258,305
Amortization of deferred financing costs	267,932	317,419	456,168
Accretion of discount on loans	(241,061)
Deferred loan fees, net of amortization	385,682
Changes in operating assets and liabilities:
Interest and other receivables	575,657	(266,122)	(441,985)
Other assets	227,432	34,172	(420,759)
Accounts payable and accrued liabilities	(225,062)	(2,351,676)	(2,314,291)
Due to Manager	(35,501)	(82,956)	(48,016)
Forward contract liability	(459,688)	459,688
Net cash provided by (used in) operating activities	4,860,977	(1,695,167)	(763,292)
Cash flows from investing activities:
Principal collected on loans	78,632,376	69,266,337	55,849,884
Investments in loans	(68,792,474)	(85,824,680)	(78,272,140)
Investment in real estate properties	(496,826)	(11,232,758)	(26,406,879)
Net proceeds from disposition of real estate properties	21,286,595	55,879,123	89,401,642
Purchases of vehicles and equipment		(16,170)	(29,887)
Net cash provided by investing activities	30,629,671	28,071,852	40,542,620
Cash flows from financing activities
Advances on notes payable	243,267	10,543,172	23,966,383
Repayments on notes payable	(17,789,514)	(13,972,820)	(36,380,880)
Advances on lines of credit	71,634,706	19,945,000	79,416,793
Repayments of lines of credit	(71,461,706)	(23,366,000)	(95,356,293)
Payment of deferred financing costs	(439,591)	(12,500)	(279,599)
Distributions to non-controlling interests			(8,144,059)
Contribution from non-controlling interest			44,207
Purchase of treasury stock	(12,369,554)	(16,531,578)
Dividends paid	(6,464,771)	(4,245,386)	(4,592,850)
Net cash used in financing activities	(36,647,163)	(27,640,112)	(41,326,298)
Net decrease in cash, cash equivalents and restricted cash	(1,156,515)	(1,263,427)	(1,546,970)
Cash, cash equivalents and restricted cash at beginning of year	5,670,816	6,934,243	8,481,213
Cash, cash equivalents and restricted cash at end of year	4,514,301	5,670,816	6,934,243
Supplemental Disclosures of Cash Flow Information
Cash paid during the year for interest (excluding amounts capitalized)	1,893,988	1,291,743	2,495,000
Cash paid during the year for interest that was capitalized		472,357	555,453
Supplemental Disclosure of Non-Cash Activity
Increase in real estate from loan foreclosures	2,062,729		700,800
Decrease in loans, net of allowance for loan losses, from loan foreclosures	(1,937,475)		(631,232)
Decrease in interest and other receivables from adding balances to loans			(69,568)
Decrease in interest and other receivables from loan foreclosures	(44,912)
Increase in loans from sales of real estate	8,679,065	450,000	1,595,000
Amortization of deferred financing costs capitalized to construction project		(76,260)	(119,471)
Capital expenditures financed through accounts payable		(42,146)	(2,654,856)
Dividends declared but not paid	(1,696,576)	(1,572,047)	(1,402,496)
Repurchase of treasury stock accrued as forward contract liability		(2,271,483)
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	12 Months Ended
	Dec. 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 May 20, 2013. 12g 3 1934, 11,198,119 January 1, 2013. The Company has elected to be taxed as a REIT under the Internal Revenue Code of 1986, 100% 90% Proposed Merger with Ready Capital Corporation On November 7, 2018, Under the terms of the Merger Agreement, at the effective time of the Merger (the "Effective Time"), each share of the Company’s Common Stock issued and outstanding immediately prior to the Effective Time (excluding any cancelled shares) will be converted into the right to receive from Ready Capital 1.441 $0.0001, three Completion of the proposed Merger is subject to the satisfaction of certain customary conditions, and is subject to the approval of the stockholders of both Ready Capital and the Company. The Company cannot provide any assurance that the proposed Merger will close in a timely manner or at all.

Note 2 - Summary of Significant

Note 2 - Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2018
Notes to Financial Statements
Significant Accounting Policies [Text Block]	NOTE 2 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% 4 one Certain reclassifications have been made to the 2016 2017 2018 None 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 June 2016, 2016 13, 326 2016 13 2016 13 December 15, 2019, December 15, 2018. 2016 13 In February 2016, 2016 02, 842 2016 02 January 1, 2019. not 2014 09, 2016 02 not not In July 2018, 2018 11, 842 2016 02 not not 2014 09. In August 2018, 2018 13, 820 2018 13 820. December 15, 2019. not 2018 13 Recently Adopted Accounting Pronouncements On January 1, 2018, 2017 01, 805 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 2016 15. 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 14. Cash , Cash Equivalents and Restricted Cash Cash and cash equivalents include funds on deposit with financial institutions. Restricted cash includes contingency reserves required pursuant to the Company’s charter and non-interest bearing deposits required pursuant to the Company’s line of credit of $3,500,000 7 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 Loans and Allowance for Loan Losses Loans are generally stated at the principal amount outstanding, net of unamortized loan discounts and deferred loan fees which totaled $364,000 $386,000 December 31, 2018, no December 31, 2017. second third ninety not not not April 1, 2018, 30% 30% 70% 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 not 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. 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. 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 line 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 Zalanta Resort at the Village, LLC (“ZRV”) were 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 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 After acquisition, costs incurred relating to the development and improvement of property are capitalized to the extent they do not not 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. 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 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 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 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 2 3 4 one 5 If circumstances arise that previously were considered unlikely, and, as a result, the Company decides not not 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 take into effect any dilutive instruments, unless if when doing so such effect would be anti-dilutive. At the present time, the Company has not no 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” 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 90% not may four may The Company has elected or may may may Gains on sales of certain properties may 1221 1 The accounting guidance 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 and 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” no December 31, 2018 2017. 2012 11. 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, 2018
Notes to Financial Statements
Allowance for Credit Losses [Text Block]	NOTE 3 The following tables show the changes in the allowance for loan losses by portfolio segment for the years ended December 31, 2018, 2017 2016 December 31, 2018 2017 2018 Commercial Residential Land Total Allowance for loan losses: 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) (9,944 ) (218,779 ) (10,421 ) (239,144 ) Ending balance $ 1,059,514 $ 122,284 $ 296,390 $ 1,478,188 Ending balance: individually evaluated for impairment $ — $ — $ — $ — Ending balance: collectively evaluated for impairment $ 1,059,514 $ 122,284 $ 296,390 $ 1,478,188 Ending balance $ 1,059,514 $ 122,284 $ 296,390 $ 1,478,188 Loans: Ending balance $ 132,519,461 $ 5,209,357 $ 4,953,425 $ 142,682,243 Ending balance: individually evaluated for impairment $ 9,304,587 $ 2,557,526 $ — $ 11,862,113 Ending balance: collectively evaluated for impairment $ 123,214,874 $ 2,651,831 $ 4,953,425 $ 130,820,130 2017 Commercial Residential Land Total Allowance for loan losses: Beginning balance $ 864,971 $ 1,331,318 $ 510,533 $ 2,706,822 Charge-offs — (546,004 ) — (546,004 ) Recoveries 27,000 — — 27,000 Provision (Reversal) 177,487 (333,777 ) (203,722 ) (360,012 ) Ending balance $ 1,069,458 $ 451,537 $ 306,811 $ 1,827,806 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 $ 127,873,281 $ 13,170,795 $ 5,127,574 $ 146,171,650 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 2016 Commercial Residential Land Total Allowance for loan losses: Beginning balance $ 1,140,530 $ 455,587 $ 246,329 $ 1,842,446 Charge-offs (447,520 ) — — (447,520 ) Recoveries 27,000 — — 27,000 Provision 144,961 875,731 264,204 1,284,896 Ending balance $ 864,971 $ 1,331,318 $ 510,533 $ 2,706,822 Ending balance: individually evaluated for impairment $ — $ 732,712 $ — $ 732,712 Ending balance: collectively evaluated for impairment $ 864,971 $ 598,606 $ 510,533 $ 1,974,110 Ending balance $ 864,971 $ 1,331,318 $ 510,533 $ 2,706,822 Loans: Ending balance $ 102,442,111 $ 19,001,677 $ 8,238,523 $ 129,682,311 Ending balance: individually evaluated for impairment $ — $ 4,883,866 $ — $ 4,883,866 Ending balance: collectively evaluated for impairment $ 102,442,111 $ 14,117,811 $ 8,238,523 $ 124,798,445 The following tables show an aging analysis of the loan portfolio by the time monthly payments are past due at December 31, 2018 2017. 90 December 31, 2018 2017. December 31 , 2018 Loans 30-59 Days Past Due Loans 60-89 Days Past Due Loans 90 or More Days Past Due Other Impaired/Non-Accrual Loans Total Past Due Loans Current Loans Total Loans Commercial $ 4,388,000 $ 4,916,587 $ — $ — $ 9,304,587 $ 123,214,874 $ 132,519,461 Residential 2,358,966 — — 198,560 2,557,526 2,651,831 5,209,357 Land — — — — — 4,953,425 4,953,425 $ 6,746,966 $ 4,916,587 $ — $ 198,560 $ 11,862,113 $ 130,820,130 $ 142,682,243 The above table as of December 31, 2018 seven $19,515,000 $10,835,000 30 $3,000,000 30 59 $1,505,000 60 89 $4,175,000 90 $2,359,000 $4,917,000 December 31 , 201 7 Loans 30-59 Days Past Due Loans 60-89 Days Past Due Loans 90 or More Days Past Due Other Impaired/ Non-Accrual Loans Total Past Due Loans Current Loans Total Loans Commercial $ — $ — $ — $ 1,212,851 $ 1,212,851 $ 126,660,430 $ 127,873,281 Residential 1,938,895 2,737,538 2,430,878 214,048 7,321,359 5,849,436 13,170,795 Land — — — — — 5,127,574 5,127,574 $ 1,938,895 $ 2,737,538 $ 2,430,878 $ 1,426,899 $ 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 years ended December 31, 2018, 2017 2016: As of December 31, 201 8 Year Ended December 31, 201 8 Recorded Investment Unpaid Principal Balance Related Allowance Average Recorded Investment Interest Income Recognized With no related allowance recorded: Commercial $ 9,467,157 $ 9,304,587 $ — $ 1,855,535 $ 173,711 Residential 2,557,526 2,557,526 — 5,966,958 380,761 Land — — — — — $ 12,024,683 $ 11,862,113 $ — $ 7,822,493 $ 554,472 With an allowance recorded: Commercial $ — $ — $ — $ — $ — Residential — — — 114,327 — Land — — — — — $ — — $ — $ 114,327 $ — Total: Commercial $ 9,467,157 $ 9,304,587 $ — $ 1,855,535 $ 173,711 Residential 2,557,526 2,557,526 — 6,081,285 380,761 Land — — — — — $ 12,024,683 $ 11,862,113 $ — $ 7,936,820 $ 554,472 As of December 31, 201 7 Year Ended December 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 $ — $ 101,875 $ 19,189 Residential 6,610,216 6,505,469 — 753,711 50,369 Land — — — — — $ 7,832,715 $ 7,718,320 $ — $ 855,586 $ 69,559 With an allowance recorded: Commercial $ — $ — $ — $ — $ — Residential 1,302,707 815,890 186,708 3,188,101 — Land — — — — — $ 1,302,707 815,890 $ 186,708 $ 3,188,101 $ — Total: Commercial $ 1,222,499 $ 1,212,851 $ — $ 101,875 $ 19,189 Residential 7,912,923 7,321,359 186,708 3,941,813 50,369 Land — — — — — $ 9,135,422 $ 8,534,210 $ 186,708 $ 4,043,688 $ 69,559 Year Ended December 31, 201 6 Average Recorded Investment Interest Income Recognized With no related allowance recorded: Commercial $ 1,684,877 $ 38,187 Residential 236,042 20,598 Land — — $ 1,920,919 $ 58,785 With an allowance recorded: Commercial $ 865,285 $ — Residential 6,209,540 — Land — — $ 7,074,825 $ — Total: Commercial $ 2,550,162 $ 38,187 Residential 6,445,582 20,598 Land — — $ 8,995,744 $ 58,785 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 $199,000 $2,739,000 December 31, 2018 2017, not No December 31, 2018. December 31, 2017, one $1,145,000 one $165,000 $68,000 no December 31, 2017. 2018. There were no December 31, 2016. The following table shows information related to the loan modification made by the Company during the year ended December 31, 2017 Modifications During the Year Ended December 31, 2017 Number of Contracts Pre-Modification Outstanding Recorded Investment Post-Modification Outstanding Recorded Investment Troubled Debt Restructurings That Occurred During the Year Commercial 1 $ 1,173,625 $ 1,212,851 There were no twelve December 31, 2018, 2017 2016. 90

Note 4 - Investment in Limited

Note 4 - Investment in Limited Liability Company	12 Months Ended
	Dec. 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 During the years ended December 31, 2018, 2017 2016, 1850 $385,000, $185,000 $180,000, 1850 $383,000, $185,000 $179,000 December 31, 2018, 2017 2016,

Note 5 - Real Estate Held for S

Note 5 - Real Estate Held for Sale	12 Months Ended
	Dec. 31, 2018
Notes to Financial Statements
Real Estate Owned [Text Block]	NOTE 5 Real estate properties held for sale as of December 31, 2018 2017 December, 2018 December 31, 2017 Residential $ 16,855,359 $ 24,627,710 Land 7,359,111 14,389,620 Retail 7,737,181 7,632,893 Golf course — 1,999,449 Marina 1,269,650 2,207,675 Assisted care — 5,253,125 Office 872,489 — $ 34,093,790 $ 56,110,472 Transfers During the year ended December 31, 2018, five $6,725,000 December 31, 2018, one $6,561,000 no During the year ended December 31, 2017, seven $13,423,000 one December 31, 2017, one $1,915,000 not one $1,423,000 four 2017 During the year ended December 31, 2016, four $10,052,000 one No December 31, 2018, 2017 2016. Impairment Losses During the year ended December 31, 2018, $1,053,000 $938,000 $54,000 October 2018 $61,000 January 2019 ( During the year ended December 31, 2017, $1,423,000 $495,000 $315,000 $146,000 $467,000 During the year ended December 31, 2016, $3,228,000 $2,110,000 $1,094,000 $24,000 Sales During the year ended December 31, 2018, twenty-three eleven $21,287,000 $8,679,000, $4,611,000. During the year ended December 31, 2017, fifteen seven $55,879,000 $450,000, $14,729,000. one 2017 $93,000. During the year ended December 31, 2016, seven $89,402,000 $1,595,000, $24,498,000 $20,782,000 $3,716,000 2016 Foreclosure s During the year ended December 31, 2018, two two 20 $1,937,000 $125,000 There were no December 31, 2017. During the year ended December 31, 2016, one $1,079,000 $70,000 $495,000. $47,000 $448,000 2015, June 2016. 2017.

Note 6 - Real Estate Held for I

Note 6 - Real Estate Held for Investment	12 Months Ended
	Dec. 31, 2018
Notes to Financial Statements
Real Estate Held for Investment Disclosure [Text Block]	NOTE 6 Real estate held for investment as of December 31, 2018 2017 December 31, 2018 December 31, 2017 Retail $ 15,987,697 $ 16,623,238 Land 6,561,023 2,018,068 Residential — 2,356,995 Office — 3,357,352 $ 22,548,720 $ 24,355,653 The balances of land and the major classes of depreciable property for real estate held for investment as of December 31, 2018 2017 December 31, 2018 December 31, 2017 Land and land improvements $ 7,908,072 $ 5,112,063 Buildings and improvements 17,320,471 22,560,343 25,228,543 27,672,406 Less: Accumulated depreciation and amortization (2,679,823 ) (3,316,753 ) $ 22,548,720 $ 24,355,653 It is the Company’s intent to sell its real estate properties held for investment, but expected sales are not Depreciation expense was approximately $721,000, $1,080,000 $1,186,000 December 31, 2018, 2017 2016, Foreclosures There was no December 31, 2018, 2017 2016.

Note 7 - Line of Credit Payable

Note 7 - Line of Credit Payable	12 Months Ended
	Dec. 31, 2018
Notes to Financial Statements
Debt Disclosure [Text Block]	NOTE 7 The Company borrows funds under a restated secured revolving credit facility with California Bank & Trust and other lenders described below (the “CB&T Line of Credit”). As of December 31, 2018 2017, December 31, 201 8 December 31, 201 7 Outstanding Balance Total Commitment Outstanding Balance Total Commitment CB&T Line of Credit $ 1,728,000 $ 47,235,245 $ 1,555,000 $ 27,259,000 CB&T Line of Credit Effective September 4, 2018, The maximum borrowings available (total commitment) to the Company under the CB&T Line of Credit is the lesser of $75 $10 may $25 May 15, 2020, $3,500,000 As of December 31, 2018, $1,728,000 $0 $47,235,000 $45,507,000 September 4, 2018, 1 x 0.25% 0.0% 1.0% 0.75% 2 x 3.00% 2.75% 3.75% 3.50% one 0.25% one 1.00% 5.75% December 31, 2018. 2.00% 5.0% 50% 0.20% Amounts owing under the CB&T Line of Credit may $412,500 $434,000 $919,000, $312,000 $881,000 December 31, 2018, 2017 2016, $89,000, $158,000 $131,000, $44,000 2018 Borrowings are secured by certain assets of the Company. These collateral assets will include the grant to the lenders of first December 31, 2018, December 31 , 201 8 Loans: Commercial $ 69,569,181 Residential — Total $ 69,569,181 The CB&T Line of Credit agreements contain financial covenants which are customary for a loan of this type. Management is not December 31, 2018.

Note 8 - Notes and Loans Payabl

Note 8 - Notes and Loans Payable on Real Estate	12 Months Ended
	Dec. 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 December 31, 2018 2017: December 31, 2018 Interest Rate December 31, 2017 Interest Rate Payment Terms/ Frequency Maturity Date Tahoe Stateline Venture, LLC Loan Payable $ 12,872,555 4.22% $ 13,242,514 4.22% Amortizing Monthly January 2021 Zalanta Construction Loan Payable — N/A 17,176,288 6.00% Interest Monthly Principal Quarterly November 2018 Principal amount $ 12,872,555 $ 30,418,802 Less unamortized deferred financing costs (73,652 ) (226,369 ) Notes and loans payable, net $ 12,798,903 $ 30,192,433 The following table shows maturities by year on these notes and loans payable as of December 31, 2018: Years ending December 31: 2019 $ 387,135 2020 403,792 2021 12,081,628 2022 — 2023 — Thereafter — $ 12,872,555 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. December 31, 2018, 2017 2016, $586,000, $502,000 $515,000, $36,000, $36,000 $36,000, The TSV Loan documents contain financial covenants which are customary for loans of this type. Management is not December 31, 2018. Zalanta Construction Loan Payable In August 2016, $31,000,000, October 2018. Borrowings under the ZRV Loan documents were for payment or reimbursement of approved Project costs. All borrowings under the ZRV Loan bore interest at the Wall Street Journal Prime Rate plus 1.50% December 31, 2017 6.00%. Interest only payments were payable monthly from an established interest reserve. In addition, commencing on August 18, 2017 $6 July 27, 2018, November 1, 2018 Borrowings were 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 $6,000 2018. December 31, 2017 2016, $76,000 $83,000, December 31, 2017 2016, $472,000 $272,000, December 31, 2018 2017, $608,000 $774,000 $122,000 $124,000

Note 9 - Stockholders' Equity

Note 9 - Stockholders' Equity	12 Months Ended
	Dec. 31, 2018
Notes to Financial Statements
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, 2018, 2017 2016: Dividends Classified as Capital Gain Dividends Classified as Return of Capital Year Total Dividends Percent Dividends Sec 199A Dividends Per Share Percent Dividend Percent Dividends Common Stock: 2018 (1) $ 5,237,571 $ 0.601 91.21 % $ 0.548 0.548 8.79 % $ 0.053 — % $ 0.000 2017 (2) $ 3,789,108 $ 0.380 87.67 % $ 0.333 0.000 12.33 % $ 0.047 — % $ 0.000 2016 (3) $ 3,279,193 $ 0.320 15.05 % $ 0.048 0.000 84.95 % $ 0.272 — % $ 0.000 ( 1 January 14, 2019 December 31, 2018 December 31, 2018, 2018. $0.041 January 14, 2019 2018 1099 $0.159 2019 not 2018 1099. ( 2 2017 not $640,267 2017 January 2018 ( ( 3 2016 not $582,698 2016 January 2017 ( Stock Repurchase s and Repurchase Programs On December 11, 2015, 10b5 1 “2016 $7.5 No 2016 March 31, 2017. 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 $10 2018 2018 March 19, 2018 December 31, 2018, 608,574 2018 $10,033,000 $16.49 2018 September 17, 2018 On December 29, 2017, 669,058 December 2017 141,879 January 2018 ( 810,937 $19.25 $15.6 $4.1 2017 five two not may 810,937 December 29, 2017 $16.01 $12,983,000 $3.24 $2,627,000 141,879 January 2018, $2,731,000 December 31, 2017.

Note 10 - Contingency Reserves

Note 10 - Contingency Reserves	12 Months Ended
	Dec. 31, 2018
Notes to Financial Statements
Contingencies Disclosure [Text Block]	NOTE 10 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% not The contingency reserves required per the charter as of December 31, 2018 2017 $3,253,000 $3,464,000

Note 11 - Income Taxes

Note 11 - Income Taxes	12 Months Ended
	Dec. 31, 2018
Notes to Financial Statements
Income Tax Disclosure [Text Block]	NOTE 11 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% 2018, 2017 2016, 100% 2018, 2017 2016, $458,000, $2,297,000 $4,451,000, 2018 2018. 2017 2016 not 35% $640,000 $583,000 January 2018 2017, December 31, 2017 2016. The Company recently discovered that its 2012 1120 1120, 2012 2013 2012 2013. $50,000 $50,000 not 2017 2018 not $3,000,000 $9,000,000, not not not $50,000 December 31, 2018. The Company’s total tax expense for the year ended December 31, 2018 $559,842 $50,000 $509,842 Taxable income from non-REIT activities managed through the Company's taxable REIT subsidiaries (“TRS”) (currently Lone Star Golf, Inc. and ZRV) is subject to federal, state and local income taxes. The Company did not December 31, 2018, 2017 2016 not $1,189,000 December 31, 2018. 2033 2038 2018 $405,000 not September 2018 two one November 2018). During 2016, two 75 $7,249,000 $15,450,000 December 31, 2016. 2017, $4,041,655 34% 21% 2018 December 22, 2017, 2018, $509,842 The components of the income tax expense (benefit) as it relates to the Company’s taxable income (loss) from domestic TRSs during the years ended December 31, 2018, 2017 2016 Year Ended December 31, 2018 Federal State and Local Total Change in valuation allowance $ 388,408 $ 129,166 $ 517,574 Other (39,625 ) 31,893 (7,732 ) Income tax expense (benefit) $ 348,783 $ 161,059 $ 509,842 Year Ended December 31, 201 7 Federal State and Local Total Change in valuation allowance $ 2,602,441 $ 418,020 $ 3,020,461 Reduction in Federal corporate tax rate 1,358,272 — 1,358,272 Other (293,814 ) (43,264 ) (337,078 ) Income tax expense (benefit) $ 3,666,899 $ 374,756 $ 4,041,655 Year Ended December 31, 2016 Federal State and Local Total Deferred expense (benefit) $ (6,655,774 ) $ (1,387,947 ) $ (8,043,721 ) Change in valuation allowance 794,744 — 794,744 Income tax expense (benefit) $ (5,861,030 ) $ (1,387,947 ) $ (7,248,977 ) 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 year ended December 31, 2018 2017: Year Ended December 31 , 201 8 Year Ended December 31 , 201 7 Tax (benefit) expense at Federal statutory rate $ (5,867 ) $ (149,766 ) State income tax expense (benefit), net of Federal effect 127,236 250,193 Other 65 (19,485 ) Change in Federal valuation allowance 388,408 2,602,441 Reduction in Federal corporate tax rate — 1,358,272 Income tax expense (benefit) $ 509,842 $ 4,041,655 Significant components of the Company’s deferred tax assets (liabilities) for its TRS entities are as follows as of December 31, 2018 2017: December 31 , 201 8 December 31 , 201 7 Deferred tax assets (liabilities): Real estate basis differences $ 4,144,365 4,255,681 Net operating losses 1,499,186 1,380,138 Total deferred tax assets 5,643,551 5,635,819 Valuation allowance (2,946,071 ) (2,428,497 ) Net deferred tax assets $ 2,697,480 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 $2,946,000 $2,428,000 December 31, 2018 2017, not $6,671,000 $1,404,000, December 31, 2018. $3,511,000 December 31, 2018; not not not 2036 2038, 2018 $425,000 not As of December 31, 2018 2017, $50,000 $0, no As of December 31, 2018, 2015 2018

Note 12 - Transactions With Aff

Note 12 - Transactions With Affiliates	12 Months Ended
	Dec. 31, 2018
Notes to Financial Statements
Related Party Transactions Disclosure [Text Block]	NOTE 12 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. Until July 1, 2017, not 2.75% 12 July 1, 2017 March 31, 2018, 1/12th 1.50% April 1, 2018, “Amendment to Management Agreement” All of the Company’s loans are serviced by OFG, and until April 1, 2018, not 0.25% April 1, 2018, “Amendment to Management Agreement” Management fees amounted to approximately $2,906,000, $3,546,000 $3,286,000 December 31, 2018 2017, 2016, $95,000, $362,000 $299,000 December 31, 2018, 2017 2016, December 31, 2018 2017, $242,000 $245,000, Until April 1, 2018, April 1, 2018, 30% 70% “Amendment to Management Agreement” $57,000 December 31, 2018. $139,000, $83,000 $83,000 December 31, 2018, 2017 2016, The Company remits other miscellaneous fees to OFG, which are collected from loan payments, loan payoffs or advances from loan principal (i.e. funding, demand and partial release fees). The amounts paid to or collected by OFG for such fees totaled approximately $19,000, $23,000 $20,000, December 31, 2018, 2017 2016. OFG originates all loans the Company invests in and, until April 1, 2018, April 1, 2018, 30% 70% “Amendment to Management Agreement” $508,000 December 31, 2018 $123,000 December 31, 2018, 2017 2016, $1,972,000, $2,492,000 $2,514,000, $139,725,000, $122,240,000 $101,594,000, 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. Until April 1, 2018, “Amendment to Management Agreement” $105,000, $381,000 $440,000 December 31, 2018, 2017 2016, December 31, 2018 2017, $0 $32,000 $3,000, $2,000 $0 December 31, 2018, 2017 2016, The Company paid Investor’s Yield, Inc. (a wholly owned subsidiary of OFG) approximately $1,000, $1,000 $9,000 December 31, 2018, 2017 2016, Amendment to Management Agreement 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 13 - Rental Income

Note 13 - Rental Income	12 Months Ended
	Dec. 31, 2018
Notes to Financial Statements
Leases of Lessor Disclosure [Text Block]	NOTE 13 The Company’s real estate properties held for sale and investment are leased to tenants under noncancellable leases with remaining terms ranging from one ten five December 31, 2018, Year ending December 31: 2019 $ 2,842,830 2020 2,163,672 2021 2,057,822 2022 1,837,332 2023 1,395,151 Thereafter (through 2028) 2,071,519 Total $ 12,368,326

Note 14 - Fair Value

Note 14 - Fair Value	12 Months Ended
	Dec. 31, 2018
Notes to Financial Statements
Fair Value Disclosures [Text Block]	NOTE 14 The Company measures 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 Level 2 1 not Level 3 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 recurring and nonrecurring basis. Impaired Loans The Company does not ninety 310 10 35. third not December 31, 2018 2017, third 820, 2. not 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 may 2 3 The following table presents information about the Company’s assets measured at fair value on a nonrecurring basis as of December 31, 2018 2017: Fair Value Measurements Using Carrying Value Quoted Prices In Active Markets for Identical Assets Significant Other Observable Inputs Significant Unobservable Inputs 201 8 Nonrecurring: Impaired loans: NONE $ $ — $ — $ Total $ $ — $ — $ Real estate properties: Commercial $ 1,269,650 $ — $ — $ 1,269,650 Land 1,850,342 — 1,850,342 — Total $ 3,119,992 $ — $ 1,850,342 $ 1,269,650 201 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 December 31, 2018 2017, $187,000 $546,000 2018 2017, 2017 $1,053,000 $1,423,000 December 31, 2018 2017, December 31, 2018 2017 $115,000 $145,000, $938,000 $1,278,000, There were no December 31, 2018 2017. December 31, 2018, two $4,253,000 2 $115,000 October 2018 one January 2019. December 31, 2017, no 1 2. The following table presents quantitative information about Level 3 December 31, 2018 2017: December 31, 2018: Description Fair Value Valuation Technique Significant Unobservable Inputs Input / Range Weighted Average Impaired Loans: NONE Real Estate Properties: Commercial $ 1,269,650 Appraisal Comparable Sales Adjustment (45.3)% to 2.1% N/A December 31, 2017: 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 Capitalization Rate 32.5% N/A Where only one one one The approximate carrying amounts and estimated fair values of financial instruments at December 31, 2018 2017 Fair Value Measurements at December 31 , 201 8 Carrying Value Level 1 Level 2 Level 3 Total Financial assets Cash, cash equivalents and restricted cash $ 4,514,000 $ 4,514,000 $ — $ — $ 4,514,000 Loans, net 141,204,000 — — 139,532,000 139,532,000 Investment in limited liability company 2,139,000 — — 7,711,000 7,711,000 Accrued interest and advances receivable 1,023,000 — — 1,023,000 1,023,000 Financial liabilities Accrued interest payable $ 86,000 — 41,000 45,000 $ 86,000 Lines of credit payable 1,728,000 — 1,728,000 — 1,728,000 Notes payable 12,799,000 — — 12,568,000 12,568,000 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 receivable 1,459,000 — — 1,459,000 1,459,000 Financial liabilities Accrued interest payable $ 115,000 — 77,000 38,000 $ 115,000 Lines of credit payable 1,555,000 — 1,555,000 — 1,555,000 Notes 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 December 31, 2018 December 31, 2017 2016 01 2

Note 15 - Commitments and Conti

Note 15 - Commitments and Contingencies	12 Months Ended
	Dec. 31, 2018
Notes to Financial Statements
Commitments and Contingencies Disclosure [Text Block]	NOTE 15 - COMMITMENTS AND CONTINGENCIES Contractual Obligations As of December 31, 2018, $29,301,000 $2,348,000 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 16 “Litigation Relating to the Merger”

Note 16 - Subsequent Events

Note 16 - Subsequent Events	12 Months Ended
	Dec. 31, 2018
Notes to Financial Statements
Subsequent Events [Text Block]	NOTE 16 – SUBSEQUENT EVENTS The Company sold two January 2019 $2,706,000 $466,000. The Company extended the maturity dates on five December 31, 2018 $15,010,000 January February 2019. Special Meeting of Stockholders On February 15, 2019, March 21, 2019 February 28, 2019, As announced on January 4, 2019, January 14, 2019 March 21, 2019. Determination of Exchange Ratio On February 22, 2019, 1.441 no January 31, 2019 1.441 February 15, 2019, Litigation Relating to the Merger A purported class action lawsuit has been filed by an individual who claims to be a stockholder of ORM. The lawsuit, Richard Scaranti no v. Owens Realty Mortgage, Inc., et al. February 8, 2019. March 12, 2019, March 21, 2019 not

Note 17 - Summary Quarterly Con

Note 17 - Summary Quarterly Consolidated Financial Information (Unaudited)	12 Months Ended
	Dec. 31, 2018
Notes to Financial Statements
Quarterly Financial Information [Text Block]	NOTE 17 ( UNAUDITED ) The following tables represent unaudited summarized quarterly financial data of the Company for the years ended December 31, 2018, 2017 2016 Three Months Ended December 31, 2018 September 30, 2018 June 30, 2018 March 31, 2018 Total revenues $ 3,735,550 $ 4,723,505 $ 4,346,044 3,991,920 Total expenses 3,790,374 3,696,281 2,978,230 3,493,586 Operating (loss) income (54,824 ) 1,027,224 1,367,814 498,334 Gain on sale of real estate, net 2,126,084 1,372,925 957,239 154,577 Net income before income taxes 2,071,260 2,400,149 2,325,053 652,911 Income tax (expense) benefit (243,122 ) (150,910 ) 17,635 (183,445 ) Net income attributable to common stockholders $ 1,828,138 $ 2,249,239 $ 2,342,688 $ 469,466 Earnings per common share (basic and diluted) $ 0.22 $ 0.26 $ 0.26 $ 0.05 Weighted average number of common shares outstanding (basic and diluted) 8,482,880 8,572,614 8,922,280 9,089,270 Dividends declared per share of Common Stock $ 0.20 $ 0.20 $ 0.20 $ 0.16 Three Months Ended December 31, 2017 September 30, 2017 June 30, 2017 March 31, 2017 Total revenues $ 3,850,940 $ 4,277,493 $ 3,867,290 3,537,405 Total expenses 3,964,664 3,427,969 4,164,895 3,355,582 Operating (loss) income (113,724 ) 849,524 (297,605 ) 181,823 Gain (loss) on sale of real estate, net 268,891 582,496 13,877,715 (181 ) Settlement expense (2,627,436 ) — — — Net (loss) income before income taxes (2,472,269 ) 1,432,020 13,580,110 181,642 Income tax (expense) benefit (1,951,828 ) (1,275,700 ) (824,163 ) 10,036 Net (loss) income attributable to common stockholders $ (4,424,097 ) $ 156,320 $ 12,755,947 $ 191,678 (Loss) earnings per common share (basic and diluted) $ (0.44 ) $ 0.02 $ 1.24 $ 0.02 Weighted average number of common shares outstanding (basic and diluted) 9,984,352 10,173,448 10,247,477 10,247,477 Dividends declared per share of Common Stock $ 0.10 $ 0.10 $ 0.10 $ 0.08 Three Months Ended December 31, 2016 September 30, 2016 June 30, 2016 March 31, 2016 Total revenues $ 3,667,283 $ 4,493,977 $ 4,692,114 4,225,617 Total expenses 3,942,004 5,587,213 6,999,063 4,316,678 Operating loss (274,721 ) (1,093,236 ) (2,306,949 ) (91,061 ) (Loss) gain on sale of real estate, net (536,419 ) 20,195,367 — 4,838,815 Net (loss) income before income taxes (811,140 ) 19,102,131 (2,306,949 ) 4,747,754 Income tax (expense) benefit (380,706 ) 260,848 7,368,835 — Net (loss) income (1,191,846 ) 19,362,979 5,061,886 4,747,754 Less: Net loss (income) attributable to non-controlling interests 15,960 (3,630,318 ) 56,847 (13,492 ) Net (loss) income attributable to common stockholders $ (1,175,886 ) $ 15,732,661 $ 5,118,733 $ 4,734,262 (Loss) earnings per common share (basic and diluted) $ (0.11 ) $ 1.54 $ 0.50 $ 0.46 Weighted average number of common shares outstanding (basic and diluted) 10,247,477 10,247,477 10,247,477 10,247,477 Dividends declared per share of Common Stock $ 0.08 $ 0.08 $ 0.08 $ 0.08

Financial Statement Schedule II

Financial Statement Schedule III - Real Estate and Accumulated Depreciation	12 Months Ended
	Dec. 31, 2018
Notes to Financial Statements
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation Disclosure [Text Block]	OWENS REALTY MORTGAGE, INC. FINANCIAL STATEMENT SCHEDULE III - REAL ESTATE AND ACCUMULATED DEPRECIATION DECEMBER 31, 2018 Description Encumbrances Initial Cost Capitalized Costs Sales Impairment Write-downs Accumulated Depreciation Carrying Value Date Acquired Depreciable Lives (Years) Retail Complex (TSV), South Lake Tahoe, California $12,872,556 Note Payable 6,409,617 $ 12,299,570 $ (41,667 ) — $ (2,679,823 ) $ 15,987,697 Various 5 - 39 Retail Complex and 12 Residential Condominium Units (ZRV),South Lake Tahoe, California None 5,016,443 37,299,922 (22,025,680 ) — — Note 4 20,290,685 Various N/A Residential Land (ZRV II), South Lake Tahoe, California None 2,032,963 4,528,060 — — — Note 4 6,561,023 Various N/A 73 Residential Lots, Auburn, California None 13,746,625 376,746 (96,678 ) (9,904,826 ) — Note 5 4,121,867 9/27/2007 N/A 12 Condominium & 3 Commercial Units, Tacoma, Washington None 2,154,217 84,909 — — — Note 6 2,239,126 7/8/2011 N/A Two Houses on 20 Acres San Ramon, CA None 2,062,729 — — — — 2,062,729 11/13/2018 N/A Marina & Boat Club with 179 Boat Slips, Isleton, California None 1,809,663 713,318 — (1,253,331 ) Note 7 1,269,650 1/29/2013 N/A Undeveloped, Industrial Land, San Jose, California None 3,025,992 98,681 — (1,274,331 ) — Note 8 1,850,342 12/27/2002 N/A Miscellaneous Real Estate None — 2,259,391 Various Various TOTALS $ (2,679,823 ) $ 56,642,510 NOTE 1: 2012 2014 one 2015. NOTE 2: Balance at beginning of period (1/1/16) $ 153,838,412 Additions during period: Acquisitions through foreclosure 700,800 Investments in real estate properties 29,061,735 Amortization of deferred financing costs capitalized to construction project 119,471 Subtotal 183,720,418 Deductions during period: Cost of real estate properties sold 66,183,589 Impairment losses on real estate properties 3,227,807 Depreciation of properties held for investment 1,185,624 Balance at end of period (12/31/16) $ 113,123,398 Balance at beginning of period (1/1/17) $ 113,123,398 Additions during period: Acquisitions through foreclosure — Investments in real estate properties 11,274,904 Amortization of deferred financing costs capitalized to construction project 76,260 Subtotal 124,474,562 Deductions during period: Cost of real estate properties sold 41,505,148 Impairment losses on real estate properties 1,423,286 Depreciation of properties held for investment 1,080,003 Balance at end of period (12/31/17) $ 80,466,125 Balance at beginning of period (1/1/18) 80,466,125 Additions during period: Acquisitions through foreclosure 2,062,729 Investments in real estate properties 496,826 Subtotal 83,025,680 Deductions during period: Cost of real estate properties sold 24,609,167 Impairment losses on real estate properties 1,053,161 Depreciation of properties held for investment 720,842 Balance at end of period (12/31/18) $ 56,642,510 NOTE 3: Balance at beginning of period (1/1/16) $ 2,915,596 Additions during period: Depreciation expense 1,185,624 Subtotal 4,101,220 Deductions during period: Accumulated depreciation on real estate moved to held for sale 949,793 Balance at end of period (12/31/16) $ 3,151,427 Balance at beginning of period (1/1/17) $ 3,151,427 Additions during period: Depreciation expense 1,080,003 Subtotal 4,231,430 Deductions during period: Accumulated depreciation on real estate moved to held for sale 914,677 Balance at end of period (12/31/17) $ 3,316,753 Balance at beginning of period (1/1/18) 3,316,753 Additions during period: Depreciation expense 720,842 Subtotal 4,037,595 Deductions during period: Accumulated depreciation on real estate moved to held for sale 1,357,772 Balance at end of period (12/31/18) $ 2,679,823 NOTE 4: December 31, 2017 $518,960 $2,571,536 two NOTE 5: $9,904,826 2009 2012 third NOTE 6: 2018 $332,183 NOTE 7: $1,253,331 2017 2018 third 2017 $192,862 NOTE 8: $1,274,331 2010 2012, 2017 2018 third January 2019. NOTE 9: $78,429,000.

Financial Statement Schedule IV

Financial Statement Schedule IV - Mortgage Loans on Real Estate	12 Months Ended
	Dec. 31, 2018
Notes to Financial Statements
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, 2018 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 - 9.65% Current to July 2021 $ 132,519,461 $ 24,431,860 $ 9,304,587 Residential 5.00 - 8.00% Current to March 2028 5,209,357 2,358,966 2,557,526 Land 4.00 - 9.82% January 2019 to October 2020 4,953,425 — — TOTAL $ 142,682,243 $ 26,790,826 $ 11,862,113 AMOUNT OF LOAN $0-500,000 6.00 - 9.65% Current to March 2028 $ 2,581,001 $ 573,606 $ 760,166 $500,001-1,000,000 5.00 - 8.00% Current to October 2019 3,887,834 870,458 870,458 $1,000,001-5,000,000 4.00 - 9.82% Current to July 2021 70,448,597 16,511,762 10,231,489 Over $5,000,000 5.00 - 8.25% Current to March 2021 65,764,811 8,835,000 — TOTAL $ 142,682,243 $ 26,790,826 $ 11,862,113 POSITION OF LOAN First 4.00 - 9.65% Current to March 2028 $ 137,808,788 $ 26,790,826 $ 11,862,113 Second 8.00 - 9.82% July 2019 to October 2020 4,873,455 — — TOTAL $ 142,682,243 $ 26,790,826 $ 11,862,113 NOTE 1: NOTE 2: Balance at beginning of period (1/1/16) $ 106,743,807 Additions during period: New loans, including from sale of real property 79,867,140 Subtotal 186,610,947 Deductions during period: Collection of principal 55,849,884 Foreclosures 1,078,752 Balance at end of period (12/31/16) $ 129,682,311 Balance at beginning of period (1/1/17) $ 129,682,311 Additions during period: New loans, including from sale of real estate property 86,274,680 Subtotal 215,956,991 Deductions during period: Collection of principal 69,785,341 Foreclosures — Balance at end of period (12/31/17) $ 146,171,650 Balance at beginning of period (1/1/18) $ 146,171,650 Additions during period: New loans, including from sale of real estate property 77,471,539 Discount and loan fee amortization 227,801 Subtotal 223,870,990 Deductions during period: Collection of principal 78,742,850 Foreclosures 1,937,475 Loan fees collected 508,422 Balance at end of period (12/31/18) $ 142,682,243 NOTE 3: 3% December 31, 2018: 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 Retail Building Irving, Texas 7.50 % 6/1/19 Interest only, balance due at maturity 0 14,822,000 14,784,945 0 Retail Building Walnut Creek, California 7.25 % 5/15/20 Interest only, balance due at maturity 0 9,000,000 8,953,623 0 Hotel Novi, Michigan 8.25 % 12/31/18 Interest only, balance due at maturity 0 8,835,000 8,835,000 8,835,000 Office Building Pleasanton, California 7.50 % 11/1/19 Interest only, balance due at maturity 0 8,250,000 8,200,150 0 Retail Building Folsom, California 7.75 % 1/15/19 Interest only, balance due at maturity 0 8,006,000 7,170,186 0 Retail Building Antioch, California 8.00 % 10/15/19 Interest only, balance due at maturity 0 7,000,000 6,979,074 0 Assisted Care Facility Bensalem, Pennsylvania 5.00 % 3/15/21 Interest only, balance due at maturity 0 5,875,000 5,519,317 0 Apartment Building Concord, California 7.50 % 7/15/20 Interest only, balance due at maturity 0 6,350,000 5,322,516 0 Office Building Chula Vista, California 8.00 % 11/1/18 Interest only, balance due at maturity 0 5,600,000 4,916,586 4,916,586 TOTALS $ 0 $ 73,738,000 $ 70,681,397 $ 13,751,586 NOTE 4: $143,046,000 December 31, 2018.

Significant Accounting Policies

Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2018
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% 4 one Certain reclassifications have been made to the 2016 2017 2018 None
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 June 2016, 2016 13, 326 2016 13 2016 13 December 15, 2019, December 15, 2018. 2016 13 In February 2016, 2016 02, 842 2016 02 January 1, 2019. not 2014 09, 2016 02 not not In July 2018, 2018 11, 842 2016 02 not not 2014 09. In August 2018, 2018 13, 820 2018 13 820. December 15, 2019. not 2018 13 Recently Adopted Accounting Pronouncements On January 1, 2018, 2017 01, 805 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 2016 15. 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 14.
Cash and Cash Equivalents, Restricted Cash and Cash Equivalents, Policy [Policy Text Block]	Cash , Cash Equivalents and Restricted Cash Cash and cash equivalents include funds on deposit with financial institutions. Restricted cash includes contingency reserves required pursuant to the Company’s charter and non-interest bearing deposits required pursuant to the Company’s line of credit of $3,500,000 7
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
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, net of unamortized loan discounts and deferred loan fees which totaled $364,000 $386,000 December 31, 2018, no December 31, 2017. second third ninety not not not April 1, 2018, 30% 30% 70% 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 not 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. 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.
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 line 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 Zalanta Resort at the Village, LLC (“ZRV”) were 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
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 After acquisition, costs incurred relating to the development and improvement of property are capitalized to the extent they do not not 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.
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 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 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 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 2 3 4 one 5 If circumstances arise that previously were considered unlikely, and, as a result, the Company decides not not
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 take into effect any dilutive instruments, unless if when doing so such effect would be anti-dilutive. At the present time, the Company has not no
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” 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 90% not may four may The Company has elected or may may may Gains on sales of certain properties may 1221 1 The accounting guidance 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 and 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” no December 31, 2018 2017. 2012 11. 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 _2

Note 3 - Loans and Allowance for Loan Losses (Tables)	12 Months Ended
	Dec. 31, 2018
Notes Tables
Allowance for Credit Losses on Financing Receivables [Table Text Block]	2018 Commercial Residential Land Total Allowance for loan losses: 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) (9,944 ) (218,779 ) (10,421 ) (239,144 ) Ending balance $ 1,059,514 $ 122,284 $ 296,390 $ 1,478,188 Ending balance: individually evaluated for impairment $ — $ — $ — $ — Ending balance: collectively evaluated for impairment $ 1,059,514 $ 122,284 $ 296,390 $ 1,478,188 Ending balance $ 1,059,514 $ 122,284 $ 296,390 $ 1,478,188 Loans: Ending balance $ 132,519,461 $ 5,209,357 $ 4,953,425 $ 142,682,243 Ending balance: individually evaluated for impairment $ 9,304,587 $ 2,557,526 $ — $ 11,862,113 Ending balance: collectively evaluated for impairment $ 123,214,874 $ 2,651,831 $ 4,953,425 $ 130,820,130 2017 Commercial Residential Land Total Allowance for loan losses: Beginning balance $ 864,971 $ 1,331,318 $ 510,533 $ 2,706,822 Charge-offs — (546,004 ) — (546,004 ) Recoveries 27,000 — — 27,000 Provision (Reversal) 177,487 (333,777 ) (203,722 ) (360,012 ) Ending balance $ 1,069,458 $ 451,537 $ 306,811 $ 1,827,806 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 $ 127,873,281 $ 13,170,795 $ 5,127,574 $ 146,171,650 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 2016 Commercial Residential Land Total Allowance for loan losses: Beginning balance $ 1,140,530 $ 455,587 $ 246,329 $ 1,842,446 Charge-offs (447,520 ) — — (447,520 ) Recoveries 27,000 — — 27,000 Provision 144,961 875,731 264,204 1,284,896 Ending balance $ 864,971 $ 1,331,318 $ 510,533 $ 2,706,822 Ending balance: individually evaluated for impairment $ — $ 732,712 $ — $ 732,712 Ending balance: collectively evaluated for impairment $ 864,971 $ 598,606 $ 510,533 $ 1,974,110 Ending balance $ 864,971 $ 1,331,318 $ 510,533 $ 2,706,822 Loans: Ending balance $ 102,442,111 $ 19,001,677 $ 8,238,523 $ 129,682,311 Ending balance: individually evaluated for impairment $ — $ 4,883,866 $ — $ 4,883,866 Ending balance: collectively evaluated for impairment $ 102,442,111 $ 14,117,811 $ 8,238,523 $ 124,798,445
Past Due Financing Receivables [Table Text Block]	December 31 , 2018 Loans 30-59 Days Past Due Loans 60-89 Days Past Due Loans 90 or More Days Past Due Other Impaired/Non-Accrual Loans Total Past Due Loans Current Loans Total Loans Commercial $ 4,388,000 $ 4,916,587 $ — $ — $ 9,304,587 $ 123,214,874 $ 132,519,461 Residential 2,358,966 — — 198,560 2,557,526 2,651,831 5,209,357 Land — — — — — 4,953,425 4,953,425 $ 6,746,966 $ 4,916,587 $ — $ 198,560 $ 11,862,113 $ 130,820,130 $ 142,682,243 December 31 , 201 7 Loans 30-59 Days Past Due Loans 60-89 Days Past Due Loans 90 or More Days Past Due Other Impaired/ Non-Accrual Loans Total Past Due Loans Current Loans Total Loans Commercial $ — $ — $ — $ 1,212,851 $ 1,212,851 $ 126,660,430 $ 127,873,281 Residential 1,938,895 2,737,538 2,430,878 214,048 7,321,359 5,849,436 13,170,795 Land — — — — — 5,127,574 5,127,574 $ 1,938,895 $ 2,737,538 $ 2,430,878 $ 1,426,899 $ 8,534,210 $ 137,637,440 $ 146,171,650
Impaired Financing Receivables [Table Text Block]	As of December 31, 201 8 Year Ended December 31, 201 8 Recorded Investment Unpaid Principal Balance Related Allowance Average Recorded Investment Interest Income Recognized With no related allowance recorded: Commercial $ 9,467,157 $ 9,304,587 $ — $ 1,855,535 $ 173,711 Residential 2,557,526 2,557,526 — 5,966,958 380,761 Land — — — — — $ 12,024,683 $ 11,862,113 $ — $ 7,822,493 $ 554,472 With an allowance recorded: Commercial $ — $ — $ — $ — $ — Residential — — — 114,327 — Land — — — — — $ — — $ — $ 114,327 $ — Total: Commercial $ 9,467,157 $ 9,304,587 $ — $ 1,855,535 $ 173,711 Residential 2,557,526 2,557,526 — 6,081,285 380,761 Land — — — — — $ 12,024,683 $ 11,862,113 $ — $ 7,936,820 $ 554,472 As of December 31, 201 7 Year Ended December 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 $ — $ 101,875 $ 19,189 Residential 6,610,216 6,505,469 — 753,711 50,369 Land — — — — — $ 7,832,715 $ 7,718,320 $ — $ 855,586 $ 69,559 With an allowance recorded: Commercial $ — $ — $ — $ — $ — Residential 1,302,707 815,890 186,708 3,188,101 — Land — — — — — $ 1,302,707 815,890 $ 186,708 $ 3,188,101 $ — Total: Commercial $ 1,222,499 $ 1,212,851 $ — $ 101,875 $ 19,189 Residential 7,912,923 7,321,359 186,708 3,941,813 50,369 Land — — — — — $ 9,135,422 $ 8,534,210 $ 186,708 $ 4,043,688 $ 69,559 Year Ended December 31, 201 6 Average Recorded Investment Interest Income Recognized With no related allowance recorded: Commercial $ 1,684,877 $ 38,187 Residential 236,042 20,598 Land — — $ 1,920,919 $ 58,785 With an allowance recorded: Commercial $ 865,285 $ — Residential 6,209,540 — Land — — $ 7,074,825 $ — Total: Commercial $ 2,550,162 $ 38,187 Residential 6,445,582 20,598 Land — — $ 8,995,744 $ 58,785
Troubled Debt Restructurings on Financing Receivables [Table Text Block]	Modifications During the Year Ended December 31, 2017 Number of Contracts Pre-Modification Outstanding Recorded Investment Post-Modification Outstanding Recorded Investment Troubled Debt Restructurings That Occurred During the Year Commercial 1 $ 1,173,625 $ 1,212,851

Note 5 - Real Estate Held for_2

Note 5 - Real Estate Held for Sale (Tables)	12 Months Ended
	Dec. 31, 2018
Notes Tables
Properties Acquired Through Foreclosure [Table Text Block]	<table border="0" cellpadding="0" cellspacing="0" style="margin-right: 2.5%; margin-left: 2.5%; font-size: 10pt; font-family: "Times New Roman", Times, serif; text-indent: 0px; min-; min-width: 700px;"> <tr style="vertical-align: bottom;"> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td colspan="2" style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">December,</div></div></div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">2018</div></div></div> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; padding-bottom: 1px;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td colspan="2" style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">December 31,</div></div></div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">2017</div></div></div> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; padding-bottom: 1px;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; width: 68%;"> <div style=" font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-bottom: 0pt; margin-top: 0pt;">Residential</div> </td> <td style="width: 1%; border-bottom: 1px none rgb(0, 0, 0); font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; border-bottom: 1px none rgb(0, 0, 0); font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;">$</td> <td style="width: 13%; border-bottom: 1px none rgb(0, 0, 0); text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">16,855,359</div></td> <td nowrap="nowrap" style="width: 1%; border-bottom: 1px none rgb(0, 0, 0); font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"> </td> <td style="width: 1%; border-bottom: 1px none rgb(0, 0, 0); font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; border-bottom: 1px none rgb(0, 0, 0); font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;">$</td> <td style="width: 13%; border-bottom: 1px none rgb(0, 0, 0); text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">24,627,710</div></td> <td nowrap="nowrap" style="width: 1%; border-bottom: 1px none rgb(0, 0, 0); font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> <div style=" font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-bottom: 0pt; margin-top: 0pt;">Land</div> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 13%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">7,359,111</div></td> <td nowrap="nowrap" style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 13%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">14,389,620</div></td> <td nowrap="nowrap" style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> <div style=" font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-bottom: 0pt; margin-top: 0pt;">Retail</div> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 13%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">7,737,181</div></td> <td nowrap="nowrap" style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 13%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">7,632,893</div></td> <td nowrap="nowrap" style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> <div style=" font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-bottom: 0pt; margin-top: 0pt;">Golf course</div> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 13%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">—</div></td> <td nowrap="nowrap" style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 13%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">1,999,449</div></td> <td nowrap="nowrap" style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> <div style=" font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-bottom: 0pt; margin-top: 0pt;">Marina</div> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 13%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">1,269,650</div></td> <td nowrap="nowrap" style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 13%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2,207,675</div></td> <td nowrap="nowrap" style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> <div style=" font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-bottom: 0pt; margin-top: 0pt;">Assisted care</div> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 13%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">—</div></td> <td nowrap="nowrap" style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 13%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">5,253,125</div></td> <td nowrap="nowrap" style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> <div style=" font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-bottom: 0pt; margin-top: 0pt;">Office</div> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="width: 13%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">872,489</div></td> <td nowrap="nowrap" style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);"> </td> <td style="width: 13%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">—</div></td> <td nowrap="nowrap" style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td style="width: 13%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">34,093,790</div></td> <td nowrap="nowrap" style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$</td> <td style="width: 13%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">56,110,472</div></td> <td nowrap="nowrap" style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt;"> </td> </tr> </table></div>" id="sjs-B4">&lt;div style="display: inline; font-family: times new roman; font-size: 10pt">&lt;table border="0" cellpadding="0" cellspacing="0" style="margin-right: 2.5%; margin-left: 2.5%; font-size: 10pt; font-family: &quot;Times New Roman&quot;, Times, serif; text-indent: 0px; min-; min-width: 700px;"> &lt;tr style="vertical-align: bottom;"> &lt;td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;&lt;/td> &lt;td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;&lt;/td> &lt;td colspan="2" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> &lt;div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;">&lt;div style="display: inline; font-weight: bold;">&lt;div style="display: inline; font-weight: bold;">December,&lt;/div>&lt;/div>&lt;/div> &lt;div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;">&lt;div style="display: inline; font-weight: bold;">&lt;div style="display: inline; font-weight: bold;">2018&lt;/div>&lt;/div>&lt;/div> &lt;/td> &lt;td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;">&nbsp;&lt;/td> &lt;td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;&lt;/td> &lt;td colspan="2" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> &lt;div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;">&lt;div style="display: inline; font-weight: bold;">&lt;div style="display: inline; font-weight: bold;">December 31,&lt;/div>&lt;/div>&lt;/div> &lt;div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;">&lt;div style="display: inline; font-weight: bold;">&lt;div style="display: inline; font-weight: bold;">2017&lt;/div>&lt;/div>&lt;/div> &lt;/td> &lt;td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;">&nbsp;&lt;/td> &lt;/tr> &lt;tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> &lt;td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; width: 68%;"> &lt;div style=" font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-bottom: 0pt; margin-top: 0pt;">Residential&lt;/div> &lt;/td> &lt;td style="width: 1%; border-bottom: 1px none rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;&lt;/td> &lt;td style="width: 1%; border-bottom: 1px none rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">$&lt;/td> &lt;td style="width: 13%; border-bottom: 1px none rgb(0, 0, 0); text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">&lt;div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">16,855,359&lt;/div>&lt;/td> &lt;td nowrap="nowrap" style="width: 1%; border-bottom: 1px none rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">&nbsp;&lt;/td> &lt;td style="width: 1%; border-bottom: 1px none rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;&lt;/td> &lt;td style="width: 1%; border-bottom: 1px none rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">$&lt;/td> &lt;td style="width: 13%; border-bottom: 1px none rgb(0, 0, 0); text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">&lt;div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">24,627,710&lt;/div>&lt;/td> &lt;td nowrap="nowrap" style="width: 1%; border-bottom: 1px none rgb(0, 0, 0); font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">&nbsp;&lt;/td> &lt;/tr> &lt;tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> &lt;td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> &lt;div style=" font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-bottom: 0pt; margin-top: 0pt;">Land&lt;/div> &lt;/td> &lt;td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;&lt;/td> &lt;td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;&lt;/td> &lt;td style="width: 13%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">&lt;div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">7,359,111&lt;/div>&lt;/td> &lt;td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">&nbsp;&lt;/td> &lt;td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;&lt;/td> &lt;td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;&lt;/td> &lt;td style="width: 13%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">&lt;div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">14,389,620&lt;/div>&lt;/td> &lt;td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">&nbsp;&lt;/td> &lt;/tr> &lt;tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> &lt;td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> &lt;div style=" font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-bottom: 0pt; margin-top: 0pt;">Retail&lt;/div> &lt;/td> &lt;td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;&lt;/td> &lt;td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;&lt;/td> &lt;td style="width: 13%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">&lt;div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">7,737,181&lt;/div>&lt;/td> &lt;td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">&nbsp;&lt;/td> &lt;td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;&lt;/td> &lt;td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;&lt;/td> &lt;td style="width: 13%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">&lt;div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">7,632,893&lt;/div>&lt;/td> &lt;td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">&nbsp;&lt;/td> &lt;/tr> &lt;tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> &lt;td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> &lt;div style=" font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-bottom: 0pt; margin-top: 0pt;">Golf course&lt;/div> &lt;/td> &lt;td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;&lt;/td> &lt;td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;&lt;/td> &lt;td style="width: 13%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">&lt;div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">&#x2014;&lt;/div>&lt;/td> &lt;td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">&nbsp;&lt;/td> &lt;td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;&lt;/td> &lt;td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;&lt;/td> &lt;td style="width: 13%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">&lt;div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">1,999,449&lt;/div>&lt;/td> &lt;td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">&nbsp;&lt;/td> &lt;/tr> &lt;tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> &lt;td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> &lt;div style=" font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-bottom: 0pt; margin-top: 0pt;">Marina&lt;/div> &lt;/td> &lt;td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;&lt;/td> &lt;td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;&lt;/td> &lt;td style="width: 13%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">&lt;div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">1,269,650&lt;/div>&lt;/td> &lt;td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">&nbsp;&lt;/td> &lt;td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;&lt;/td> &lt;td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;&lt;/td> &lt;td style="width: 13%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">&lt;div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2,207,675&lt;/div>&lt;/td> &lt;td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">&nbsp;&lt;/td> &lt;/tr> &lt;tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> &lt;td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> &lt;div style=" font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-bottom: 0pt; margin-top: 0pt;">Assisted care&lt;/div> &lt;/td> &lt;td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;&lt;/td> &lt;td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;&lt;/td> &lt;td style="width: 13%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">&lt;div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">&#x2014;&lt;/div>&lt;/td> &lt;td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">&nbsp;&lt;/td> &lt;td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;&lt;/td> &lt;td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;&lt;/td> &lt;td style="width: 13%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">&lt;div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">5,253,125&lt;/div>&lt;/td> &lt;td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">&nbsp;&lt;/td> &lt;/tr> &lt;tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> &lt;td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> &lt;div style=" font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-bottom: 0pt; margin-top: 0pt;">Office&lt;/div> &lt;/td> &lt;td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;&lt;/td> &lt;td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);">&nbsp;&lt;/td> &lt;td style="width: 13%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">&lt;div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">872,489&lt;/div>&lt;/td> &lt;td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt;">&nbsp;&lt;/td> &lt;td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;&lt;/td> &lt;td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0);">&nbsp;&lt;/td> &lt;td style="width: 13%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);">&lt;div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">&#x2014;&lt;/div>&lt;/td> &lt;td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px; margin-left: 0pt;">&nbsp;&lt;/td> &lt;/tr> &lt;tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> &lt;td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;&lt;/td> &lt;td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;&lt;/td> &lt;td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$&lt;/td> &lt;td style="width: 13%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">&lt;div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">34,093,790&lt;/div>&lt;/td> &lt;td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt;">&nbsp;&lt;/td> &lt;td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;&lt;/td> &lt;td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">$&lt;/td> &lt;td style="width: 13%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0);">&lt;div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">56,110,472&lt;/div>&lt;/td> &lt;td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 3px; margin-left: 0pt;">&nbsp;&lt;/td> &lt;/tr> &lt;/table>&lt;/div>

Note 6 - Real Estate Held for_2

Note 6 - Real Estate Held for Investment (Tables)	12 Months Ended
	Dec. 31, 2018
Notes Tables
Schedule of Real Estate Properties [Table Text Block]	Description Encumbrances Initial Cost Capitalized Costs Sales Impairment Write-downs Accumulated Depreciation Carrying Value Date Acquired Depreciable Lives (Years) Retail Complex (TSV), South Lake Tahoe, California $12,872,556 Note Payable 6,409,617 $ 12,299,570 $ (41,667 ) — $ (2,679,823 ) $ 15,987,697 Various 5 - 39 Retail Complex and 12 Residential Condominium Units (ZRV),South Lake Tahoe, California None 5,016,443 37,299,922 (22,025,680 ) — — Note 4 20,290,685 Various N/A Residential Land (ZRV II), South Lake Tahoe, California None 2,032,963 4,528,060 — — — Note 4 6,561,023 Various N/A 73 Residential Lots, Auburn, California None 13,746,625 376,746 (96,678 ) (9,904,826 ) — Note 5 4,121,867 9/27/2007 N/A 12 Condominium & 3 Commercial Units, Tacoma, Washington None 2,154,217 84,909 — — — Note 6 2,239,126 7/8/2011 N/A Two Houses on 20 Acres San Ramon, CA None 2,062,729 — — — — 2,062,729 11/13/2018 N/A Marina & Boat Club with 179 Boat Slips, Isleton, California None 1,809,663 713,318 — (1,253,331 ) Note 7 1,269,650 1/29/2013 N/A Undeveloped, Industrial Land, San Jose, California None 3,025,992 98,681 — (1,274,331 ) — Note 8 1,850,342 12/27/2002 N/A Miscellaneous Real Estate None — 2,259,391 Various Various TOTALS $ (2,679,823 ) $ 56,642,510
By Property [Member]
Notes Tables
Schedule of Real Estate Properties [Table Text Block]	December 31, 2018 December 31, 2017 Retail $ 15,987,697 $ 16,623,238 Land 6,561,023 2,018,068 Residential — 2,356,995 Office — 3,357,352 $ 22,548,720 $ 24,355,653 December 31, 2018 December 31, 2017 Land and land improvements $ 7,908,072 $ 5,112,063 Buildings and improvements 17,320,471 22,560,343 25,228,543 27,672,406 Less: Accumulated depreciation and amortization (2,679,823 ) (3,316,753 ) $ 22,548,720 $ 24,355,653

Note 7 - Line of Credit Payab_2

Note 7 - Line of Credit Payable (Tables)	12 Months Ended
	Dec. 31, 2018
Notes Tables
Schedule of Line of Credit Facilities [Table Text Block]	December 31, 201 8 December 31, 201 7 Outstanding Balance Total Commitment Outstanding Balance Total Commitment CB&T Line of Credit $ 1,728,000 $ 47,235,245 $ 1,555,000 $ 27,259,000
Schedule of Financial Instruments Owned and Pledged as Collateral [Table Text Block]	December 31 , 201 8 Loans: Commercial $ 69,569,181 Residential — Total $ 69,569,181

Note 8 - Notes and Loans Paya_2

Note 8 - Notes and Loans Payable on Real Estate (Tables)	12 Months Ended
	Dec. 31, 2018
Notes Tables
Schedule of Debt [Table Text Block]	December 31, 2018 Interest Rate December 31, 2017 Interest Rate Payment Terms/ Frequency Maturity Date Tahoe Stateline Venture, LLC Loan Payable $ 12,872,555 4.22% $ 13,242,514 4.22% Amortizing Monthly January 2021 Zalanta Construction Loan Payable — N/A 17,176,288 6.00% Interest Monthly Principal Quarterly November 2018 Principal amount $ 12,872,555 $ 30,418,802 Less unamortized deferred financing costs (73,652 ) (226,369 ) Notes and loans payable, net $ 12,798,903 $ 30,192,433
Schedule of Maturities of Long-term Debt [Table Text Block]	Years ending December 31: 2019 $ 387,135 2020 403,792 2021 12,081,628 2022 — 2023 — Thereafter — $ 12,872,555

Note 9 - Stockholders' Equity (

Note 9 - Stockholders' Equity (Tables)	12 Months Ended
	Dec. 31, 2018
Notes Tables
Dividends Declared [Table Text Block]	Dividends Classified as Capital Gain Dividends Classified as Return of Capital Year Total Dividends Percent Dividends Sec 199A Dividends Per Share Percent Dividend Percent Dividends Common Stock: 2018 (1) $ 5,237,571 $ 0.601 91.21 % $ 0.548 0.548 8.79 % $ 0.053 — % $ 0.000 2017 (2) $ 3,789,108 $ 0.380 87.67 % $ 0.333 0.000 12.33 % $ 0.047 — % $ 0.000 2016 (3) $ 3,279,193 $ 0.320 15.05 % $ 0.048 0.000 84.95 % $ 0.272 — % $ 0.000

Note 11 - Income Taxes (Tables)

Note 11 - Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2018
Notes Tables
Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]	Year Ended December 31, 2018 Federal State and Local Total Change in valuation allowance $ 388,408 $ 129,166 $ 517,574 Other (39,625 ) 31,893 (7,732 ) Income tax expense (benefit) $ 348,783 $ 161,059 $ 509,842 Year Ended December 31, 201 7 Federal State and Local Total Change in valuation allowance $ 2,602,441 $ 418,020 $ 3,020,461 Reduction in Federal corporate tax rate 1,358,272 — 1,358,272 Other (293,814 ) (43,264 ) (337,078 ) Income tax expense (benefit) $ 3,666,899 $ 374,756 $ 4,041,655 Year Ended December 31, 2016 Federal State and Local Total Deferred expense (benefit) $ (6,655,774 ) $ (1,387,947 ) $ (8,043,721 ) Change in valuation allowance 794,744 — 794,744 Income tax expense (benefit) $ (5,861,030 ) $ (1,387,947 ) $ (7,248,977 )
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]	Year Ended December 31 , 201 8 Year Ended December 31 , 201 7 Tax (benefit) expense at Federal statutory rate $ (5,867 ) $ (149,766 ) State income tax expense (benefit), net of Federal effect 127,236 250,193 Other 65 (19,485 ) Change in Federal valuation allowance 388,408 2,602,441 Reduction in Federal corporate tax rate — 1,358,272 Income tax expense (benefit) $ 509,842 $ 4,041,655
Schedule of Deferred Tax Assets and Liabilities [Table Text Block]	December 31 , 201 8 December 31 , 201 7 Deferred tax assets (liabilities): Real estate basis differences $ 4,144,365 4,255,681 Net operating losses 1,499,186 1,380,138 Total deferred tax assets 5,643,551 5,635,819 Valuation allowance (2,946,071 ) (2,428,497 ) Net deferred tax assets $ 2,697,480 3,207,322

Note 13 - Rental Income (Tables

Note 13 - Rental Income (Tables)	12 Months Ended
	Dec. 31, 2018
Notes Tables
Schedule of Future Minimum Rental Payments for Operating Leases [Table Text Block]	Year ending December 31: 2019 $ 2,842,830 2020 2,163,672 2021 2,057,822 2022 1,837,332 2023 1,395,151 Thereafter (through 2028) 2,071,519 Total $ 12,368,326

Note 14 - Fair Value (Tables)

Note 14 - Fair Value (Tables)	12 Months Ended
	Dec. 31, 2018
Notes Tables
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 8 Nonrecurring: Impaired loans: NONE $ $ — $ — $ Total $ $ — $ — $ Real estate properties: Commercial $ 1,269,650 $ — $ — $ 1,269,650 Land 1,850,342 — 1,850,342 — Total $ 3,119,992 $ — $ 1,850,342 $ 1,269,650 201 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 Impaired Loans: NONE Real Estate Properties: Commercial $ 1,269,650 Appraisal Comparable Sales Adjustment (45.3)% to 2.1% 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 Capitalization Rate 32.5% N/A
Fair Value, by Balance Sheet Grouping [Table Text Block]	Fair Value Measurements at December 31 , 201 8 Carrying Value Level 1 Level 2 Level 3 Total Financial assets Cash, cash equivalents and restricted cash $ 4,514,000 $ 4,514,000 $ — $ — $ 4,514,000 Loans, net 141,204,000 — — 139,532,000 139,532,000 Investment in limited liability company 2,139,000 — — 7,711,000 7,711,000 Accrued interest and advances receivable 1,023,000 — — 1,023,000 1,023,000 Financial liabilities Accrued interest payable $ 86,000 — 41,000 45,000 $ 86,000 Lines of credit payable 1,728,000 — 1,728,000 — 1,728,000 Notes payable 12,799,000 — — 12,568,000 12,568,000 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 receivable 1,459,000 — — 1,459,000 1,459,000 Financial liabilities Accrued interest payable $ 115,000 — 77,000 38,000 $ 115,000 Lines of credit payable 1,555,000 — 1,555,000 — 1,555,000 Notes payable 30,192,000 — 17,176,000 13,233,000 30,409,000

Note 17 - Summary Quarterly C_2

Note 17 - Summary Quarterly Consolidated Financial Information (Unaudited) (Tables)	12 Months Ended
	Dec. 31, 2018
Notes Tables
Quarterly Financial Information [Table Text Block]	Three Months Ended December 31, 2018 September 30, 2018 June 30, 2018 March 31, 2018 Total revenues $ 3,735,550 $ 4,723,505 $ 4,346,044 3,991,920 Total expenses 3,790,374 3,696,281 2,978,230 3,493,586 Operating (loss) income (54,824 ) 1,027,224 1,367,814 498,334 Gain on sale of real estate, net 2,126,084 1,372,925 957,239 154,577 Net income before income taxes 2,071,260 2,400,149 2,325,053 652,911 Income tax (expense) benefit (243,122 ) (150,910 ) 17,635 (183,445 ) Net income attributable to common stockholders $ 1,828,138 $ 2,249,239 $ 2,342,688 $ 469,466 Earnings per common share (basic and diluted) $ 0.22 $ 0.26 $ 0.26 $ 0.05 Weighted average number of common shares outstanding (basic and diluted) 8,482,880 8,572,614 8,922,280 9,089,270 Dividends declared per share of Common Stock $ 0.20 $ 0.20 $ 0.20 $ 0.16 Three Months Ended December 31, 2017 September 30, 2017 June 30, 2017 March 31, 2017 Total revenues $ 3,850,940 $ 4,277,493 $ 3,867,290 3,537,405 Total expenses 3,964,664 3,427,969 4,164,895 3,355,582 Operating (loss) income (113,724 ) 849,524 (297,605 ) 181,823 Gain (loss) on sale of real estate, net 268,891 582,496 13,877,715 (181 ) Settlement expense (2,627,436 ) — — — Net (loss) income before income taxes (2,472,269 ) 1,432,020 13,580,110 181,642 Income tax (expense) benefit (1,951,828 ) (1,275,700 ) (824,163 ) 10,036 Net (loss) income attributable to common stockholders $ (4,424,097 ) $ 156,320 $ 12,755,947 $ 191,678 (Loss) earnings per common share (basic and diluted) $ (0.44 ) $ 0.02 $ 1.24 $ 0.02 Weighted average number of common shares outstanding (basic and diluted) 9,984,352 10,173,448 10,247,477 10,247,477 Dividends declared per share of Common Stock $ 0.10 $ 0.10 $ 0.10 $ 0.08 Three Months Ended December 31, 2016 September 30, 2016 June 30, 2016 March 31, 2016 Total revenues $ 3,667,283 $ 4,493,977 $ 4,692,114 4,225,617 Total expenses 3,942,004 5,587,213 6,999,063 4,316,678 Operating loss (274,721 ) (1,093,236 ) (2,306,949 ) (91,061 ) (Loss) gain on sale of real estate, net (536,419 ) 20,195,367 — 4,838,815 Net (loss) income before income taxes (811,140 ) 19,102,131 (2,306,949 ) 4,747,754 Income tax (expense) benefit (380,706 ) 260,848 7,368,835 — Net (loss) income (1,191,846 ) 19,362,979 5,061,886 4,747,754 Less: Net loss (income) attributable to non-controlling interests 15,960 (3,630,318 ) 56,847 (13,492 ) Net (loss) income attributable to common stockholders $ (1,175,886 ) $ 15,732,661 $ 5,118,733 $ 4,734,262 (Loss) earnings per common share (basic and diluted) $ (0.11 ) $ 1.54 $ 0.50 $ 0.46 Weighted average number of common shares outstanding (basic and diluted) 10,247,477 10,247,477 10,247,477 10,247,477 Dividends declared per share of Common Stock $ 0.08 $ 0.08 $ 0.08 $ 0.08

Financial Statement Schedule _2

Financial Statement Schedule III - Real Estate and Accumulated Depreciation (Tables)	12 Months Ended
	Dec. 31, 2018
Notes Tables
Schedule of Real Estate Properties [Table Text Block]	Description Encumbrances Initial Cost Capitalized Costs Sales Impairment Write-downs Accumulated Depreciation Carrying Value Date Acquired Depreciable Lives (Years) Retail Complex (TSV), South Lake Tahoe, California $12,872,556 Note Payable 6,409,617 $ 12,299,570 $ (41,667 ) — $ (2,679,823 ) $ 15,987,697 Various 5 - 39 Retail Complex and 12 Residential Condominium Units (ZRV),South Lake Tahoe, California None 5,016,443 37,299,922 (22,025,680 ) — — Note 4 20,290,685 Various N/A Residential Land (ZRV II), South Lake Tahoe, California None 2,032,963 4,528,060 — — — Note 4 6,561,023 Various N/A 73 Residential Lots, Auburn, California None 13,746,625 376,746 (96,678 ) (9,904,826 ) — Note 5 4,121,867 9/27/2007 N/A 12 Condominium & 3 Commercial Units, Tacoma, Washington None 2,154,217 84,909 — — — Note 6 2,239,126 7/8/2011 N/A Two Houses on 20 Acres San Ramon, CA None 2,062,729 — — — — 2,062,729 11/13/2018 N/A Marina & Boat Club with 179 Boat Slips, Isleton, California None 1,809,663 713,318 — (1,253,331 ) Note 7 1,269,650 1/29/2013 N/A Undeveloped, Industrial Land, San Jose, California None 3,025,992 98,681 — (1,274,331 ) — Note 8 1,850,342 12/27/2002 N/A Miscellaneous Real Estate None — 2,259,391 Various Various TOTALS $ (2,679,823 ) $ 56,642,510
Changes in Accumulated Depreciation [Member]
Notes Tables
Schedule of Real Estate Properties [Table Text Block]	Balance at beginning of period (1/1/16) $ 2,915,596 Additions during period: Depreciation expense 1,185,624 Subtotal 4,101,220 Deductions during period: Accumulated depreciation on real estate moved to held for sale 949,793 Balance at end of period (12/31/16) $ 3,151,427 Balance at beginning of period (1/1/17) $ 3,151,427 Additions during period: Depreciation expense 1,080,003 Subtotal 4,231,430 Deductions during period: Accumulated depreciation on real estate moved to held for sale 914,677 Balance at end of period (12/31/17) $ 3,316,753 Balance at beginning of period (1/1/18) 3,316,753 Additions during period: Depreciation expense 720,842 Subtotal 4,037,595 Deductions during period: Accumulated depreciation on real estate moved to held for sale 1,357,772 Balance at end of period (12/31/18) $ 2,679,823
Changes in Real Estate Held-for-Sale and Investment [Member]
Notes Tables
Schedule of Real Estate Properties [Table Text Block]	Balance at beginning of period (1/1/16) $ 153,838,412 Additions during period: Acquisitions through foreclosure 700,800 Investments in real estate properties 29,061,735 Amortization of deferred financing costs capitalized to construction project 119,471 Subtotal 183,720,418 Deductions during period: Cost of real estate properties sold 66,183,589 Impairment losses on real estate properties 3,227,807 Depreciation of properties held for investment 1,185,624 Balance at end of period (12/31/16) $ 113,123,398 Balance at beginning of period (1/1/17) $ 113,123,398 Additions during period: Acquisitions through foreclosure — Investments in real estate properties 11,274,904 Amortization of deferred financing costs capitalized to construction project 76,260 Subtotal 124,474,562 Deductions during period: Cost of real estate properties sold 41,505,148 Impairment losses on real estate properties 1,423,286 Depreciation of properties held for investment 1,080,003 Balance at end of period (12/31/17) $ 80,466,125 Balance at beginning of period (1/1/18) 80,466,125 Additions during period: Acquisitions through foreclosure 2,062,729 Investments in real estate properties 496,826 Subtotal 83,025,680 Deductions during period: Cost of real estate properties sold 24,609,167 Impairment losses on real estate properties 1,053,161 Depreciation of properties held for investment 720,842 Balance at end of period (12/31/18) $ 56,642,510

Financial Statement Schedule _3

Financial Statement Schedule IV - Mortgage Loans on Real Estate (Tables)	12 Months Ended
	Dec. 31, 2018
Notes Tables
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 - 9.65% Current to July 2021 $ 132,519,461 $ 24,431,860 $ 9,304,587 Residential 5.00 - 8.00% Current to March 2028 5,209,357 2,358,966 2,557,526 Land 4.00 - 9.82% January 2019 to October 2020 4,953,425 — — TOTAL $ 142,682,243 $ 26,790,826 $ 11,862,113 AMOUNT OF LOAN $0-500,000 6.00 - 9.65% Current to March 2028 $ 2,581,001 $ 573,606 $ 760,166 $500,001-1,000,000 5.00 - 8.00% Current to October 2019 3,887,834 870,458 870,458 $1,000,001-5,000,000 4.00 - 9.82% Current to July 2021 70,448,597 16,511,762 10,231,489 Over $5,000,000 5.00 - 8.25% Current to March 2021 65,764,811 8,835,000 — TOTAL $ 142,682,243 $ 26,790,826 $ 11,862,113 POSITION OF LOAN First 4.00 - 9.65% Current to March 2028 $ 137,808,788 $ 26,790,826 $ 11,862,113 Second 8.00 - 9.82% July 2019 to October 2020 4,873,455 — — TOTAL $ 142,682,243 $ 26,790,826 $ 11,862,113
Loans Which Exceed Three Percent of the Total Loans [Member]
Notes Tables
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 Retail Building Irving, Texas 7.50 % 6/1/19 Interest only, balance due at maturity 0 14,822,000 14,784,945 0 Retail Building Walnut Creek, California 7.25 % 5/15/20 Interest only, balance due at maturity 0 9,000,000 8,953,623 0 Hotel Novi, Michigan 8.25 % 12/31/18 Interest only, balance due at maturity 0 8,835,000 8,835,000 8,835,000 Office Building Pleasanton, California 7.50 % 11/1/19 Interest only, balance due at maturity 0 8,250,000 8,200,150 0 Retail Building Folsom, California 7.75 % 1/15/19 Interest only, balance due at maturity 0 8,006,000 7,170,186 0 Retail Building Antioch, California 8.00 % 10/15/19 Interest only, balance due at maturity 0 7,000,000 6,979,074 0 Assisted Care Facility Bensalem, Pennsylvania 5.00 % 3/15/21 Interest only, balance due at maturity 0 5,875,000 5,519,317 0 Apartment Building Concord, California 7.50 % 7/15/20 Interest only, balance due at maturity 0 6,350,000 5,322,516 0 Office Building Chula Vista, California 8.00 % 11/1/18 Interest only, balance due at maturity 0 5,600,000 4,916,586 4,916,586 TOTALS $ 0 $ 73,738,000 $ 70,681,397 $ 13,751,586
Changes in Mortgage Loans on Real Estate [Member]
Notes Tables
Schedule of Participating Mortgage Loans [Table Text Block]	Balance at beginning of period (1/1/16) $ 106,743,807 Additions during period: New loans, including from sale of real property 79,867,140 Subtotal 186,610,947 Deductions during period: Collection of principal 55,849,884 Foreclosures 1,078,752 Balance at end of period (12/31/16) $ 129,682,311 Balance at beginning of period (1/1/17) $ 129,682,311 Additions during period: New loans, including from sale of real estate property 86,274,680 Subtotal 215,956,991 Deductions during period: Collection of principal 69,785,341 Foreclosures — Balance at end of period (12/31/17) $ 146,171,650 Balance at beginning of period (1/1/18) $ 146,171,650 Additions during period: New loans, including from sale of real estate property 77,471,539 Discount and loan fee amortization 227,801 Subtotal 223,870,990 Deductions during period: Collection of principal 78,742,850 Foreclosures 1,937,475 Loan fees collected 508,422 Balance at end of period (12/31/18) $ 142,682,243

Note 1 - Organization (Details

Note 1 - Organization (Details Textual)	Nov. 07, 2018$ / shares	Dec. 31, 2018$ / sharesshares	Sep. 30, 2018$ / sharesshares	Dec. 31, 2017$ / sharesshares	Jan. 01, 2013shares	Aug. 09, 2012$ / sharesshares
Common Stock, Shares Authorized | shares		50,000,000		50,000,000		50,000,000
Common Stock, Par or Stated Value Per Share | $ / shares		$ 0.01		$ 0.01		$ 0.01
Preferred Stock, Shares Authorized | shares		5,000,000	5,000,000	5,000,000
Preferred Stock, Par or Stated Value Per Share | $ / shares		$ 0.01	$ 0.01	$ 0.01
Common Stock, Shares, Issued, Total | shares		11,198,119		11,198,119	11,198,119
Potential Percentage Penalty Tax		100.00%
REIT Minimum Percent Distribution of Taxable Income		90.00%
Ready Capital [Member]
Common Stock, Par or Stated Value Per Share | $ / shares	$ 0.0001
Ready Capital [Member]
Business Combination, Exchange Ratio	1.441

Note 2 - Summary of Significa_2

Note 2 - Summary of Significant Accounting Policies (Details Textual) shares in Thousands	12 Months Ended
	Dec. 31, 2018USD ($)shares	Dec. 31, 2017USD ($)	Dec. 31, 2016USD ($)	Apr. 01, 2018	Jan. 01, 2018USD ($)
Number of Operating Segments	1
Cumulative Effect of New Accounting Principle in Period of Adoption	$ 166,895
Reversal of Deferred Gain on Adoption of ASU 2014-09	302,895
Loan Discounts Established on Adoption of ASU 2014-09	136,000
Restricted Cash, Total	3,500,000
Unamortized Loan Commitment and Origination Fees and Unamortized Discounts or Premiums, Total	364,000	0
Loans and Leases Receivable, Deferred Income, Total	$ 386,000	0
Weighted Average Number Diluted Shares Outstanding Adjustment, Total | shares	0
Unrecognized Tax Benefits, Ending Balance	$ 0	$ 0
Building and Building Improvements [Member] | Minimum [Member]
Property, Plant and Equipment, Useful Life	5 years
Building and Building Improvements [Member] | Maximum [Member]
Property, Plant and Equipment, Useful Life	39 years
Owens Financial Group Inc. [Member]
Related Party Transaction, Percentage of Other Than Certain Administrative 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%
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 _3

Note 3 - Loans and Allowance for Loan Losses (Details Textual)	12 Months Ended
	Dec. 31, 2018USD ($)	Dec. 31, 2017USD ($)	Dec. 31, 2016
Financing Receivable, Recorded Investment, Current	$ 130,820,130	$ 137,637,440
Financing Receivable, Recorded Investment, Past Due, Total	11,862,113	8,534,210
Allowance for Loan and Lease Losses, Real Estate	1,478,188	1,827,806
Loans and Leases Receivable, Impaired, Commitment to Lend	$ 0
Financing Receivable, Modifications, Number of Contracts	0		0
Impaired Financing Receivable, Unpaid Principal Balance, Total	$ 11,862,113	$ 8,534,210
Financing Receivable, Modifications, Subsequent Default, Number of Contracts	0	0	0
Extended Maturity [Member]
Allowance for Loan and Lease Losses, Real Estate	$ 0	$ 187,000
Financing Receivable, Modifications, Recorded Investment	199,000	2,739,000
Loans and Leases Receivable, Impaired, Commitment to Lend		$ 165,000
Financing Receivable, Modifications, Number of Contracts		1
Impaired Financing Receivable, Unpaid Principal Balance, Total		$ 1,145,000
Loans and Leases Receivable, Impaired, Advanced Amount		68,000
Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due, Total	6,746,966	1,938,895
Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due, Total	4,916,587	2,737,538
Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due, Total		2,430,878
Commercial Portfolio Segment [Member]
Financing Receivable, Recorded Investment, Current	123,214,874	126,660,430
Financing Receivable, Recorded Investment, Past Due, Total	9,304,587	$ 1,212,851
Financing Receivable, Modifications, Number of Contracts		1
Impaired Financing Receivable, Unpaid Principal Balance, Total	9,304,587	$ 1,212,851
Commercial Portfolio Segment [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due, Total	4,388,000
Commercial Portfolio Segment [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due, Total	4,916,587
Commercial Portfolio Segment [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due, Total
Residential Portfolio Segment [Member]
Financing Receivable, Recorded Investment, Current	2,651,831	5,849,436
Financing Receivable, Recorded Investment, Past Due, Total	2,557,526	7,321,359
Impaired Financing Receivable, Unpaid Principal Balance, Total	2,557,526	7,321,359
Residential Portfolio Segment [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due, Total	2,358,966	1,938,895
Residential Portfolio Segment [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due, Total		2,737,538
Residential Portfolio Segment [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due, Total		2,430,878
Interest Payments only and In the process of being Extended, Paid Off or Refinanced [Member]
Financing Receivable, Recorded Investment, Current		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	19,515,000	4,585,000
Interest Payments only and In the process of being Extended, Paid Off or Refinanced [Member] | Commercial Portfolio Segment [Member] | Financing Receivables, 1 to 29 Days Past Due [Member]
Financing Receivable, Recorded Investment, Current	10,835,000
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	3,000,000
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	1,505,000
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	4,175,000	1,585,000
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] | Commercial Portfolio Segment [Member]
Financing Receivable, Recorded Investment, Past Due, Total	4,917,000
Past Maturity Loans [Member] | Residential Portfolio Segment [Member]
Financing Receivable, Recorded Investment, Past Due, Total	$ 2,359,000	$ 7,107,000

Note 3 - Loans and Allowance _4

Note 3 - Loans and Allowance for Loan Losses - Allocation of the Allowance for Loan Losses (Details) - USD ($)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Beginning balance	$ 1,827,806	$ 2,706,822	$ 1,842,446
Allowance for Loan and Lease Losses, Write-offs	(186,708)	(546,004)	(447,520)
Recoveries	76,234	27,000	27,000
Provision (Reversal)	(239,144)	(360,012)	1,284,896
Ending balance	1,478,188	1,827,806	2,706,822
Ending balance: individually evaluated for impairment - allowance for loan losses		186,708	732,712
Ending balance: collectively evaluated for impairment - allowance for loan losses	1,478,188	1,641,098	1,974,110
Ending balance - loans	142,682,243	146,171,650	129,682,311
Ending balance: individually evaluated for impairment - loans	11,862,113	8,534,210	4,883,866
Ending balance: collectively evaluated for impairment - loans	130,820,130	137,637,440	124,798,445
Commercial Portfolio Segment [Member]
Beginning balance	1,069,458	864,971	1,140,530
Allowance for Loan and Lease Losses, Write-offs			(447,520)
Recoveries		27,000	27,000
Provision (Reversal)	(9,944)	177,487	144,961
Ending balance	1,059,514	1,069,458	864,971
Ending balance: individually evaluated for impairment - allowance for loan losses
Ending balance: collectively evaluated for impairment - allowance for loan losses	1,059,514	1,069,458	864,971
Ending balance - loans	132,519,461	127,873,281	102,442,111
Ending balance: individually evaluated for impairment - loans	9,304,587	1,212,851
Ending balance: collectively evaluated for impairment - loans	123,214,874	126,660,430	102,442,111
Residential Portfolio Segment [Member]
Beginning balance	451,537	1,331,318	455,587
Allowance for Loan and Lease Losses, Write-offs	(186,708)	(546,004)
Recoveries	76,234
Provision (Reversal)	(218,779)	(333,777)	875,731
Ending balance	122,284	451,537	1,331,318
Ending balance: individually evaluated for impairment - allowance for loan losses		186,708	732,712
Ending balance: collectively evaluated for impairment - allowance for loan losses	122,284	264,829	598,606
Ending balance - loans	5,209,357	13,170,795	19,001,677
Ending balance: individually evaluated for impairment - loans	2,557,526	7,321,359	4,883,866
Ending balance: collectively evaluated for impairment - loans	2,651,831	5,849,436	14,117,811
Land Portfolio Segment [Member]
Beginning balance	306,811	510,533	246,329
Allowance for Loan and Lease Losses, Write-offs
Recoveries
Provision (Reversal)	(10,421)	(203,722)	264,204
Ending balance	296,390	306,811	510,533
Ending balance: individually evaluated for impairment - allowance for loan losses
Ending balance: collectively evaluated for impairment - allowance for loan losses	296,390	306,811	510,533
Ending balance - loans	4,953,425	5,127,574	8,238,523
Ending balance: individually evaluated for impairment - loans
Ending balance: collectively evaluated for impairment - loans	$ 4,953,425	$ 5,127,574	$ 8,238,523

Note 3 - Loans and Allowance _5

Note 3 - Loans and Allowance for Loan Losses - Aging Analysis of the Loan Portfolio by the Time Past Due (Details) - USD ($)	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Past due loans	$ 11,862,113	$ 8,534,210
Current loans	130,820,130	137,637,440
Total Loans	142,682,243	146,171,650	$ 129,682,311
Financing Receivables, 30 to 59 Days Past Due [Member]
Past due loans	6,746,966	1,938,895
Financing Receivables, 60 to 89 Days Past Due [Member]
Past due loans	4,916,587	2,737,538
Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Past due loans		2,430,878
Other Non-accrual Loans [Member]
Past due loans	198,560	1,426,899
Commercial Portfolio Segment [Member]
Past due loans	9,304,587	1,212,851
Current loans	123,214,874	126,660,430
Total Loans	132,519,461	127,873,281	102,442,111
Commercial Portfolio Segment [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Past due loans	4,388,000
Commercial Portfolio Segment [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Past due loans	4,916,587
Commercial Portfolio Segment [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Past due loans
Commercial Portfolio Segment [Member] | Other Non-accrual Loans [Member]
Past due loans		1,212,851
Residential Portfolio Segment [Member]
Past due loans	2,557,526	7,321,359
Current loans	2,651,831	5,849,436
Total Loans	5,209,357	13,170,795	19,001,677
Residential Portfolio Segment [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Past due loans	2,358,966	1,938,895
Residential Portfolio Segment [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Past due loans		2,737,538
Residential Portfolio Segment [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Past due loans		2,430,878
Residential Portfolio Segment [Member] | Other Non-accrual Loans [Member]
Past due loans	198,560	214,048
Land Portfolio Segment [Member]
Past due loans
Current loans	4,953,425	5,127,574
Total Loans	4,953,425	5,127,574	$ 8,238,523
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
Land Portfolio Segment [Member] | Other Non-accrual Loans [Member]
Past due loans

Note 3 - Loans and Allowance _6

Note 3 - Loans and Allowance for Loan Losses - Impaired Loans (Details) - USD ($)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Recorded investment, with no related allowance	$ 12,024,683	$ 7,832,715
Unpaid principal balance, with no related allowance	11,862,113	7,718,320
Average recorded investment, with no related allowance	7,822,493	855,586	$ 1,920,919
Interest income recognized, with no related allowance	554,472	69,559	58,785
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	114,327	3,188,101	7,074,825
Interest income recognized, with related allowance
Recorded investment	12,024,683	9,135,422
Unpaid principal balance	11,862,113	8,534,210
Average recorded investment	7,936,820	4,043,688	8,995,744
Interest income recognized	554,472	69,559	58,785
Commercial Portfolio Segment [Member]
Recorded investment, with no related allowance	9,467,157	1,222,499
Unpaid principal balance, with no related allowance	9,304,587	1,212,851
Average recorded investment, with no related allowance	1,855,535	101,875	1,684,877
Interest income recognized, with no related allowance	173,711	19,189	38,187
Recorded investment, with related allowance
Unpaid principal balance, with related allowance
Related allowance
Average recorded investment, with related allowance			865,285
Interest income recognized, with related allowance
Recorded investment	9,467,157	1,222,499
Unpaid principal balance	9,304,587	1,212,851
Average recorded investment	1,855,535	101,875	2,550,162
Interest income recognized	173,711	19,189	38,187
Residential Portfolio Segment [Member]
Recorded investment, with no related allowance	2,557,526	6,610,216
Unpaid principal balance, with no related allowance	2,557,526	6,505,469
Average recorded investment, with no related allowance	5,966,958	753,711	236,042
Interest income recognized, with no related allowance	380,761	50,369	20,598
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	114,327	3,188,101	6,209,540
Interest income recognized, with related allowance
Recorded investment	2,557,526	7,912,923
Unpaid principal balance	2,557,526	7,321,359
Average recorded investment	6,081,285	3,941,813	6,445,582
Interest income recognized	380,761	50,369	20,598
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 3 - Loans and Allowance _7

Note 3 - Loans and Allowance for Loan Losses - Troubled Debt Restructurings (Details)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017USD ($)	Dec. 31, 2016
Number of contracts	0		0
Commercial Portfolio Segment [Member]
Number of contracts		1
Pre-modification outstanding investment		$ 1,173,625
Post-modification outstanding investment		$ 1,212,851

Note 4 - Investment in Limite_2

Note 4 - Investment in Limited Liability Company (Details Textual)	12 Months Ended
	Dec. 31, 2018USD ($)	Dec. 31, 2017USD ($)	Dec. 31, 2016USD ($)	Jul. 31, 2008
Proceeds from Equity Method Investment, Distribution	$ 384,500	$ 185,000	$ 180,000
Income (Loss) from Equity Method Investments, Total	383,197	185,063	179,450
1850 [Member]
Number of Real Estate Properties				2
Number of Companies				2
Proceeds from Equity Method Investment, Distribution	385,000	185,000	180,000
Income (Loss) from Equity Method Investments, Total	$ 383,000	$ 185,000	$ 179,000

Note 5 - Real Estate Held for_3

Note 5 - Real Estate Held for Sale (Details Textual)	3 Months Ended												6 Months Ended	12 Months Ended
	Dec. 31, 2018USD ($)	Sep. 30, 2018USD ($)	Jun. 30, 2018USD ($)	Mar. 31, 2018USD ($)	Dec. 31, 2017USD ($)	Sep. 30, 2017USD ($)	Jun. 30, 2017USD ($)	Mar. 31, 2017USD ($)	Dec. 31, 2016USD ($)	Sep. 30, 2016USD ($)	Jun. 30, 2016USD ($)	Mar. 31, 2016USD ($)	Dec. 31, 2017USD ($)	Dec. 31, 2018USD ($)	Dec. 31, 2017USD ($)	Dec. 31, 2016USD ($)
Number of Real Estate Properties Transferred from Held for Investment to Held for Sale														5	7	4
Real Estate Properties, Transfer to Held for Sale from Held for Investment														$ 6,725,000	$ 13,423,000
Number of Real Estate Properties Transferred from Held for Sale to Held for Investment													1
Real Estate Properties, Transfer to Held for Investment from Held for Sale															1,915,000	$ 10,052,000
Impairment of Real Estate														1,053,161	$ 1,423,286	3,227,807
Impairment loss, Number of Real Estate Properties															4
Gain (Loss) on Transfers Between Held for Sale and Held for Investment														$ 0	$ 0	$ 0
Number of Real Estate Properties Sold														23	15	7
Gain (Loss) on Sale of Properties	$ 2,126,084	$ 1,372,925	$ 957,239	$ 154,577	$ 268,891	$ 582,496	$ 13,877,715	$ (181)	$ (536,419)	$ 20,195,367		$ 4,838,815		$ 4,610,824	$ 14,728,921	$ 24,497,763
Deferred Gain on Sale of Property					302,895								$ 302,895		$ 302,895
Number of Loans Foreclosed															0
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate, Foreclosure														0	$ 0	0
Land Property [Member]
Real Estate Properties, Transfer to Held for Sale from Held for Investment														$ 6,561,000
Number of Real Estate Properties Transferred from Held for Sale to Held for Investment														1
Marina Property Located in Isleton, California [Member]
Impairment of Real Estate														$ 938,000	315,000
Marina Property Located in Bethel Island, California [Member]
Impairment of Real Estate														54,000	495,000
Undeveloped Land Located in San Jose, California [Member]
Impairment of Real Estate														$ 61,000	146,000
Assisted Care Property Located in Bensalem, Pennsylvania [Member]
Impairment of Real Estate															$ 467,000
Unimproved Residential and Commercial Land Located in Gypsum Colorado [Member]
Impairment of Real Estate																2,110,000
Medical Office Condominium Complex, Gilbert, Arizona [Member]
Impairment of Real Estate																1,094,000
Office Property in Oakdale, California [Member]
Impairment of Real Estate																$ 24,000
Number of Loans Foreclosed																1
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate, Foreclosure																$ 1,079,000
Interest and Other Receivables, Foreclosures																70,000
Gain (Loss) on Foreclosure of Loan																495,000
Provision for Loan and Lease Losses, Total																47,000
Allowance for Loan and Lease Losses Write-offs, Net, Total																448,000
Condominiums at Zalanta [Member]
Number of Real Estate Properties Sold														11	7
Proceeds from Sale of Other Real Estate														$ 21,287,000
Mortgage Loan Related to Property Sales														8,679,000
Gain (Loss) on Sale of Properties														$ 4,611,000
Real Estate Properties Sold during the Period [Member]
Proceeds from Sale of Other Real Estate															$ 55,879,000	89,402,000
Mortgage Loan Related to Property Sales															450,000	1,595,000
Gain (Loss) on Sale of Properties															14,729,000	24,498,000
Deferred Gain on Sale of Property					$ 93,000								$ 93,000		$ 93,000
Gain (Loss) on Sale of Properties, Attributable to Parent																20,782,000
Gain (Loss) on Sale of Properties, Attributable to Noncontrolling Interest																$ 3,716,000
Homes and Land Located in San Ramon, California [Member]
Number of Loans Foreclosed														2
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate, Foreclosure														$ 1,937,000
Interest and Other Receivables, Foreclosures														$ 125,000

Note 5 - Real Estate Held for_4

Note 5 - Real Estate Held for Sale - Properties Acquired Through Foreclosure (Details) - USD ($)	Dec. 31, 2018	Dec. 31, 2017
Real estate held for sale	$ 34,093,790	$ 56,110,472
Residential [Member]
Real estate held for sale	16,855,359	24,627,710
Improved and Unimproved Land [Member]
Real estate held for sale	7,359,111	14,389,620
Retail Site [Member]
Real estate held for sale	7,737,181	7,632,893
Golf Course [Member]
Real estate held for sale		1,999,449
Marinas [Member]
Real estate held for sale	1,269,650	2,207,675
Assisted Care Facility [Member]
Real estate held for sale		5,253,125
Office Building [Member]
Real estate held for sale	$ 872,489

Note 6 - Real Estate Held for_3

Note 6 - Real Estate Held for Investment (Details Textual) - USD ($)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Depreciation, Total	$ 721,000	$ 1,080,000	$ 1,186,000
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate, Foreclosure	$ 0	$ 0	$ 0

Note 6 - Real Estate Held for_4

Note 6 - Real Estate Held for Investment - Real Estate Held for Investment (Details) - USD ($)	Dec. 31, 2018	Dec. 31, 2017
Real estate held for investment	$ 22,548,720	$ 24,355,653
Land and land improvements	7,908,072	5,112,063
Buildings and improvements	17,320,471	22,560,343
Real estate held for investment, at cost	25,228,543	27,672,406
Less: Accumulated depreciation and amortization	(2,679,823)	(3,316,753)
Real estate held for investment, net of accumulated depreciation of $2,679,823 in 2018 and $3,316,753 in 2017	22,548,720	24,355,653
Retail Site [Member]
Real estate held for investment	15,987,697	16,623,238
Real estate held for investment, net of accumulated depreciation of $2,679,823 in 2018 and $3,316,753 in 2017	15,987,697	16,623,238
Improved and Unimproved Land [Member]
Real estate held for investment	6,561,023	2,018,068
Real estate held for investment, net of accumulated depreciation of $2,679,823 in 2018 and $3,316,753 in 2017	6,561,023	2,018,068
Residential [Member]
Real estate held for investment		2,356,995
Real estate held for investment, net of accumulated depreciation of $2,679,823 in 2018 and $3,316,753 in 2017		2,356,995
Office Building [Member]
Real estate held for investment		3,357,352
Real estate held for investment, net of accumulated depreciation of $2,679,823 in 2018 and $3,316,753 in 2017		$ 3,357,352

Note 7 - Line of Credit Payab_3

Note 7 - Line of Credit Payable (Details Textual) - USD ($)	Sep. 04, 2018	Sep. 03, 2018	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Long-term Line of Credit, Total			$ 1,728,000	$ 1,555,000
Payments of Debt Issuance Costs			439,591	12,500	$ 279,599
Interest Expense, Total			2,132,776	1,587,695	2,859,294
Non-interest Bearing Deposit Required Under Restated Credit Agreement [Member]
Restricted Cash and Cash Equivalents, Total	$ 3,500,000
Restated Credit Agreement [Member]
Long-term Line of Credit, Total			1,728,000
Line of Credit Facility, Current Borrowing Capacity			47,235,000
Line of Credit Facility, Remaining Borrowing Capacity			$ 45,507,000
Debt Instrument, Interest Rate, Effective Percentage			5.75%
Interest Rate Increases Upon Default	2.00%
Line of Credit Facility, Default,Additional Fee Percentage	5.00%
Line of Credit Facility, Commitment Fee Percentage	0.20%
Restated Credit Agreement [Member] | CB & T Credit Facility [Member]
Line of Credit Facility, Maximum Borrowing Capacity	$ 75,000,000
Debt Agreement, Origination Fee Obligation	412,500
Payments of Debt Issuance Costs	434,000
Interest Expense, Total			$ 919,000	312,000	881,000
Amortization of Debt Issuance Costs			89,000	$ 158,000	$ 131,000
Line of Credit Facility, Commitment Fee Amount			44,000
Restated Credit Agreement [Member] | Swing Line Facility [Member]
Line of Credit Facility, Maximum Borrowing Capacity	$ 10,000,000
Restated Credit Agreement [Member] | Swing Line Facility [Member] | Prime Rate [Member] | Maximum [Member]
Debt Instrument, Basis Spread on Variable Rate	0.25%
Restated Credit Agreement [Member] | Swing Line Facility [Member] | Prime Rate [Member] | Minimum [Member]
Debt Instrument, Basis Spread on Variable Rate	0.00%
Restated Credit Agreement [Member] | Swing Line Facility [Member] | London Interbank Offered Rate (LIBOR) [Member] | Maximum [Member]
Debt Instrument, Basis Spread on Variable Rate	3.00%
Restated Credit Agreement [Member] | Swing Line Facility [Member] | London Interbank Offered Rate (LIBOR) [Member] | Minimum [Member]
Debt Instrument, Basis Spread on Variable Rate	2.75%
Restated Credit Agreement [Member] | Revolving Sublimit Facility [Member]
Line of Credit Facility, Maximum Borrowing Capacity	$ 25,000,000
Long-term Line of Credit, Total			$ 0
Restated Credit Agreement [Member] | Revolving Sublimit Facility [Member] | Prime Rate [Member] | Maximum [Member]
Debt Instrument, Basis Spread on Variable Rate	1.00%
Restated Credit Agreement [Member] | Revolving Sublimit Facility [Member] | Prime Rate [Member] | Minimum [Member]
Debt Instrument, Basis Spread on Variable Rate	0.75%
Restated Credit Agreement [Member] | Revolving Sublimit Facility [Member] | London Interbank Offered Rate (LIBOR) [Member] | Maximum [Member]
Debt Instrument, Basis Spread on Variable Rate	3.75%
Restated Credit Agreement [Member] | Revolving Sublimit Facility [Member] | London Interbank Offered Rate (LIBOR) [Member] | Minimum [Member]
Debt Instrument, Basis Spread on Variable Rate	3.50%
Prior Credit Facility [Member] | Prime Rate [Member]
Debt Instrument, Basis Spread on Variable Rate		0.25%
Prior Credit Facility [Member] | Revolving Sublimit Facility [Member] | Prime Rate [Member]
Debt Instrument, Basis Spread on Variable Rate		1.00%

Note 7 - Line of Credit Payab_4

Note 7 - Line of Credit Payable - Credit Facilities (Details) - USD ($)	Dec. 31, 2018	Dec. 31, 2017
Line of credit payable	$ 1,728,000	$ 1,555,000
CB & T Credit Facility [Member]
Line of credit payable	1,728,000	1,555,000
Line of Credit Facility, Current Borrowing Capacity	$ 47,235,245	$ 27,259,000

Note 7 - Line of Credit Payab_5

Note 7 - Line of Credit Payable - Loans Securing Credit Facility (Details) - CB & T Credit Facility [Member]	Dec. 31, 2018USD ($)
Carrying amount of loans securing CB&T Facility	$ 69,569,181
Commercial Loan [Member]
Carrying amount of loans securing CB&T Facility	69,569,181
Residential Real Estate [Member]
Carrying amount of loans securing CB&T Facility

Note 8 - Notes and Loans Paya_3

Note 8 - Notes and Loans Payable on Real Estate (Details Textual) - USD ($)	1 Months Ended		12 Months Ended
	Aug. 31, 2016	Dec. 31, 2014	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2014	Jan. 01, 2018	Aug. 18, 2017	Sep. 30, 2015
Interest Expense, Total			$ 2,132,776	$ 1,587,695	$ 2,859,294
Repayments of Notes Payable			17,789,514	13,972,820	36,380,880
Debt Issuance Costs, Net, Total			73,652	226,369
TSV Credit Agreement [Member] | Tahoe Stateline Venture, LLC [Member]
Debt Instrument, Face Amount		$ 14,500,000				$ 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		3.47%				3.47%	4.22%
Debt Instrument, Amortization Period		25 years
Debt Issuance Costs, Gross		$ 218,000				$ 218,000
Interest Expense, Total			586,000	502,000	515,000
Amortization of Debt Issuance Costs			36,000	36,000	36,000
TSV Credit Agreement [Member] | Tahoe Stateline Venture, LLC [Member] | Closing Fee [Member]
Debt Issuance Costs, Gross		$ 108,750				$ 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			608,000	774,000
Amortization of Debt Issuance Costs			122,000	$ 124,000
Debt Agreement, Maximum Borrowing Capacity	$ 31,000,000
Debt Instrument, Interest Rate, Effective Percentage				6.00%
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
Debt Issuance Costs, Net, Total	$ 400,000
Payments of Debt Extension Fee			$ 6,000
Deferred Financing Costs, Capitalized				76,000	83,000
Interest Costs Capitalized				$ 472,000	$ 272,000
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 Paya_4

Note 8 - Notes and Loans Payable on Real Estate - Notes and Loans Payable Outstanding (Details) - USD ($)	Dec. 31, 2018	Dec. 31, 2017
Debt instrument, outstanding	$ 12,872,555	$ 30,418,802
Less unamortized deferred financing costs	(73,652)	(226,369)
Notes and loans payable, net	12,798,903	30,192,433
Tahoe Stateline Venture, LLC [Member] | TSV Credit Agreement [Member]
Debt instrument, outstanding	$ 12,872,555	$ 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		$ 17,176,288
Debt Instrument, Interest Rate, Stated Percentage		6.00%

Note 8 - Notes and Loans Paya_5

Note 8 - Notes and Loans Payable on Real Estate - Notes and Loans Payable Maturities (Details) - USD ($)	Dec. 31, 2018	Dec. 31, 2017
2019	$ 387,135
2020	403,792
2021	12,081,628
2022
2023
Thereafter
Total	$ 12,872,555	$ 30,418,802

Note 9 - Stockholders' Equity_2

Note 9 - Stockholders' Equity (Details Textual) - USD ($)	Jan. 30, 2018	Dec. 29, 2017	Jan. 31, 2018	Jan. 31, 2017	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Sep. 30, 2018	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016	Mar. 12, 2018	Jun. 09, 2017	Dec. 11, 2015
Tax Payment Made on Behalf of Stockholders			$ 640,267	$ 582,698							$ 640,267	$ 582,698
Treasury Stock, Value, Acquired, Cost Method										$ 10,098,071	18,803,061
Payments for Repurchase of Common Stock										12,369,554	16,531,578
Share Price		$ 16.01
Settlement Expense					$ 2,627,436						$ 2,627,436
The 2015 Repurchase Plan [Member]
Stock Repurchase Program, Authorized Amount															$ 7,500,000
The 2016 Repurchase Plan [Member]
Treasury Stock, Shares, Acquired								0
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										608,574
Treasury Stock, Value, Acquired, Cost Method									$ 10,033,000
Treasury Stock Acquired, Average Cost Per Share									$ 16.49
Settlement Agreement [Member] | Freestone Capital Management, LLC. [Member]
Treasury Stock, Shares, Acquired		810,937
Treasury Stock, Value, Acquired, Cost Method		$ 12,983,000
Treasury Stock Acquired, Average Cost Per Share		$ 19.25
Payments for Repurchase of Common Stock	$ 15,600,000
Treasury Stock, Purchase Price Paid With 2017 Repurchase Plan		$ 4,100,000
Treasury Stock, Acquired, Premium Paid over Market Price		$ 3.24
Settlement Expense											$ 2,627,000
Forward Contract Liability, Treasury Stock					$ 2,731,000						$ 2,731,000
Settlement Agreement [Member] | Freestone Capital Management, LLC. [Member] | December 2017 [Member]
Treasury Stock, Shares, Acquired		669,058
Settlement Agreement [Member] | Freestone Capital Management, LLC. [Member] | January 2018 [Member]
Treasury Stock, Shares, Acquired		141,879

Note 9 - Stockholders' Equity -

Note 9 - Stockholders' Equity - Tax Treatment for Dividends Paid by the Company (Details) - USD ($)	12 Months Ended
	Dec. 31, 2018		Dec. 31, 2017		Dec. 31, 2016
Total Dividends Paid	$ 6,589,300		$ 3,774,670		$ 3,279,193
Dividends Paid Per Share (in dollars per share)	$ 0.601	[1]	$ 0.38	[2]	$ 0.32	[3]
Dividend Paid [Member]
Total Dividends Paid	$ 5,237,571	[1]	$ 3,789,108	[2]	$ 3,279,193	[3]
Classified as Ordinary Income [Member]
Dividends Paid Per Share (in dollars per share)	$ 0.548	[1]	$ 0.333	[2]	$ 0.048	[3]
Dividends Classified as Ordinary Income Percent	91.21%	[1]	87.67%	[2]	15.05%	[3]
Sec 199A Dividends [Member]
Dividends Paid Per Share (in dollars per share)	$ 0.548	[1]	$ 0	[2]	$ 0	[3]
Capital Gain Distribution [Member]
Dividends Paid Per Share (in dollars per share)	$ 0.053	[1]	$ 0.047	[2]	$ 0.272	[3]
Dividends Classified as Ordinary Income Percent	8.79%	[1]	12.33%	[2]	84.95%	[3]
Dividends Classified as Return of Capital [Member]
Dividends Paid Per Share (in dollars per share)	$ 0	[1]	$ 0	[2]	$ 0	[3]
Dividends Classified as Ordinary Income Percent		[1]		[2]		[3]
[1]	Cash distributions made on January 14, 2019 with a record date of December 31, 2018 are treated as received by shareholders on December 31, 2018, to the extent of the Company’s tax earnings and profits for 2018. Therefore, $0.041 per share of the January 14, 2019 cash distribution is included in the 2018 Form 1099 while the remainder in the amount of $0.159 per share will be treated as a 2019 distribution for U.S. federal income tax purposes and is not included on the 2018 Form 1099.
[2]	Dividends declared and paid in 2017 per above do not include $640,267 which represented capital gains tax on 2017 undistributed capital gains paid on behalf of shareholders to the U.S. Treasury in January 2018 (and recorded as dividends paid and payable in the consolidated financial statements).
[3]	Dividends declared and paid in 2016 per above do not include $582,698 which represented capital gains tax on 2016 undistributed capital gains paid on behalf of shareholders to the U.S. Treasury in January 2017 (and recorded as dividends paid and payable in the consolidated financial statements).

Note 10 - Contingency Reserves

Note 10 - Contingency Reserves (Details Textual) - USD ($)	Dec. 31, 2018	Dec. 31, 2017
Contingency Reserves as a Percent of Capital		1.50%
Contingency Reserves [Member]
Restricted Cash and Cash Equivalents, Total	$ 3,253,000	$ 3,464,000

Note 11 - Income Taxes (Details

Note 11 - Income Taxes (Details Textual)	1 Months Ended		3 Months Ended												12 Months Ended
	Jan. 31, 2018USD ($)	Jan. 31, 2017USD ($)	Dec. 31, 2018USD ($)	Sep. 30, 2018USD ($)	Jun. 30, 2018USD ($)	Mar. 31, 2018USD ($)	Dec. 31, 2017USD ($)	Sep. 30, 2017USD ($)	Jun. 30, 2017USD ($)	Mar. 31, 2017USD ($)	Dec. 31, 2016USD ($)	Sep. 30, 2016USD ($)	Jun. 30, 2016USD ($)	Mar. 31, 2016USD ($)	Dec. 31, 2018USD ($)	Dec. 31, 2017USD ($)	Dec. 31, 2016USD ($)
Undistributed Net Realized Gain (Loss) on Sale of Properties			$ 458,000				$ 2,297,000				$ 4,451,000				$ 458,000	$ 2,297,000	$ 4,451,000
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent															21.00%	34.00%	35.00%
Gain (Loss) on Sale of Properties, Applicable Income Taxes	$ 640,000	$ 583,000
Income Tax Expense (Benefit), Total			243,122	$ 150,910	$ (17,635)	$ 183,445	1,951,828	$ 1,275,700	$ 824,163	$ (10,036)	380,706	$ (260,848)	$ (7,368,835)		$ 559,842	$ 4,041,655	$ (7,248,977)
Number of Real Estate Properties Sold															23	15	7
Deferred Tax Assets, Net, Total											7,249,000						$ 7,249,000
Deferred Tax Assets, Real Estate, Difference Between Book Value and Tax Basis											$ 15,450,000						$ 15,450,000
Deferred Tax Assets, Valuation Allowance, Total			2,946,071				2,428,497								$ 2,946,071	$ 2,428,497
Deferred Tax Assets, Operating Loss Carryforwards, Total			1,499,186				1,380,138								1,499,186	1,380,138
Unrecognized Tax Benefits, Income Tax Penalties Accrued			50,000				0								50,000	0
Unrecognized Tax Benefits, Interest on Income Taxes Accrued			0				0								0	0
Federal and State NOLs in ZRV [Member]
Deferred Tax Assets, Valuation Allowance, Total			2,946,000				$ 2,428,000								2,946,000	2,428,000
Zalanta [Member]
Income Tax Expense (Benefit), Total																$ 4,041,655
Effective Income Tax Rate Reconciliation, Change in Deferred Tax Assets Valuation Allowance, Amount															509,842
Number of Real Estate Properties Sold																	2
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			1,189,000												1,189,000
Baldwin Ranch Subdivision, LLC [Member]
Number of Real Estate Properties											75						75
Zalanta Resort at the Village, LLC [Member] | State and Local Jurisdiction [Member] | California Franchise Tax Board [Member]
Operating Loss Carryforwards, Total			1,404,000												1,404,000
Zalanta Resort at the Village, LLC [Member] | State and Local Jurisdiction [Member] | Arizona Department of Revenue [Member]
Operating Loss Carryforwards, Total			3,511,000												3,511,000
Deferred Tax Assets, Operating Loss Carryforwards, Total			0												0
Zalanta Resort at the Village, LLC [Member] | Domestic Tax Authority [Member] | Internal Revenue Service (IRS) [Member]
Operating Loss Carryforwards, Total			6,671,000												6,671,000
Tax Year 2012 [Member]
Income Tax Examination, Penalties Expense															50,000
Tax Year 2012 [Member] | Minimum [Member]
Income Tax Examination, Estimate of Possible Loss															3,000,000
Tax Year 2012 [Member] | Maximum [Member]
Income Tax Examination, Estimate of Possible Loss															9,000,000
Tax Year 2018 [Member] | Lone Star Golf, Inc., Zalanta Resort and East G, LLC [Member] | Domestic Tax Authority [Member] | Internal Revenue Service (IRS) [Member]
Operating Loss Carryforwards, Total			405,000												405,000
Tax Year 2018 [Member] | Zalanta Resort at the Village, LLC [Member] | Domestic Tax Authority [Member] | Internal Revenue Service (IRS) [Member]
Operating Loss Carryforwards, Total			$ 425,000												$ 425,000
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%	100.00%	100.00%

Note 11 - Income Taxes - Income

Note 11 - Income Taxes - Income Tax Expense (Benefit) (Details) - USD ($)	3 Months Ended												12 Months Ended
	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Change in valuation allowance, federal															$ 794,744
Change in valuation allowance, state and local
Change in valuation allowance															794,744
Income tax expense (benefit), federal															(5,861,030)
Income tax expense (benefit), state and local															(1,387,947)
Income Tax Expense (Benefit), Total	$ 243,122	$ 150,910	$ (17,635)	$ 183,445	$ 1,951,828	$ 1,275,700	$ 824,163	$ (10,036)	$ 380,706	$ (260,848)	$ (7,368,835)		$ 559,842	$ 4,041,655	(7,248,977)
Deferred expense (benefit), federal															(6,655,774)
Deferred expense (benefit), state and local															(1,387,947)
Deferred expense (benefit)															$ (8,043,721)
Taxable REIT Subsidiaries (TRS) [Member]
Change in valuation allowance, federal													388,408	2,602,441
Change in valuation allowance, state and local													129,166	418,020
Change in valuation allowance													517,574	3,020,461
Other, federal													(39,625)	(293,814)
Other, state and local													31,893	(43,264)
Other													(7,732)	(337,078)
Income tax expense (benefit), federal													348,783	3,666,899
Income tax expense (benefit), state and local													161,059	374,756
Income Tax Expense (Benefit), Total													$ 509,842	4,041,655
Reduction in Federal corporate tax rate														1,358,272
Reduction in Federal corporate tax rate														$ 1,358,272

Note 11 - Income Taxes - Reconc

Note 11 - Income Taxes - Reconciliation of Income Tax (Benefit) Provision (Details) - USD ($)	3 Months Ended												12 Months Ended
	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Income tax expense (benefit)	$ 243,122	$ 150,910	$ (17,635)	$ 183,445	$ 1,951,828	$ 1,275,700	$ 824,163	$ (10,036)	$ 380,706	$ (260,848)	$ (7,368,835)		$ 559,842	$ 4,041,655	$ (7,248,977)
Taxable REIT Subsidiaries (TRS) [Member]
Tax (benefit) expense at Federal statutory rate													(5,867)	(149,766)
State income tax expense (benefit), net of Federal effect													127,236	250,193
Other													65	(19,485)
Change in Federal valuation allowance													388,408	2,602,441
Reduction in Federal corporate tax rate														1,358,272
Income tax expense (benefit)													$ 509,842	$ 4,041,655

Note 11 - Income Taxes - Deferr

Note 11 - Income Taxes - Deferred Tax Assets (Liabilities) (Details) - USD ($)	Dec. 31, 2018	Dec. 31, 2017
Real estate basis differences	$ 4,144,365	$ 4,255,681
Net operating losses	1,499,186	1,380,138
Total deferred tax assets	5,643,551	5,635,819
Valuation allowance	(2,946,071)	(2,428,497)
Net deferred tax assets	$ 2,697,480	$ 3,207,322

Note 12 - Transactions With A_2

Note 12 - Transactions With Affiliates (Details Textual) - USD ($)	Apr. 01, 2018	Jul. 01, 2017	Mar. 31, 2018	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Interim Management Fee, Input, Percentage of Opening Stockholders' Equity Balance			1.50%
Management Fee Expense				$ 2,906,333	$ 3,546,085	$ 3,286,470
Professional and Contract Services Expense, Total				95,143	362,411	298,770
Due to Related Parties, Total				242,170	277,671
Late Fee Income Generated by Servicing Financial Assets, Amount				57,000
Proceeds from Loan Origination and Extension Fees				508,000
Amortization of Deferred Loan Origination Fees, Net				123,000
Loan Fees Earned by OFG				1,972,000	2,492,000	2,514,000
Owens Financial Group Inc. [Member]
Due to Related Parties, Total				0	32,000
Late Fee Income Generated by Servicing Financial Assets, Amount				139,000	83,000	83,000
Ancillary Fee Income Generated by Servicing Financial Assets, Amount				19,000	23,000	20,000
Loans Originated or Extended				139,725,000	122,240,000	101,594,000
Related Party Transaction, Amounts of Transaction				105,000	381,000	440,000
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%
OFG Officers [Member]
Related Party Transaction, Amounts of Transaction				3,000	2,000	0
Investors Yield Inc. [Member]
Related Party Transaction, Amounts of Transaction				1,000	1,000	$ 9,000
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				$ 242,000	$ 245,000

Note 13 - Rental Income (Detail

Note 13 - Rental Income (Details Textual)	Dec. 31, 2018
Minimum [Member]
Lessor, Operating Lease, Term of Contract	1 year
Maximum [Member]
Lessor, Operating Lease, Term of Contract	10 years

Note 13 - Rental Income - Futur

Note 13 - Rental Income - Future Minimum Rental Income (Details)	Dec. 31, 2018USD ($)
2019	$ 2,842,830
2020	2,163,672
2021	2,057,822
2022	1,837,332
2023	1,395,151
Thereafter (through 2028)	2,071,519
Total	$ 12,368,326

Note 14 - Fair Value (Details T

Note 14 - Fair Value (Details Textual) - USD ($)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Allowance for Loan and Lease Losses, Write-offs	$ (186,708)	$ (546,004)	$ (447,520)
Impairment of Real Estate	1,053,161	1,423,286	3,227,807
Property Transferred into Level 2 Fair Value Measurements [Member]
Impairment of Real Estate	115,000
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Transfers out of Level 3	4,253,000
Land Portfolio Segment [Member]
Allowance for Loan and Lease Losses, Write-offs
Impairment of Real Estate	115,000	145,000
Commercial Portfolio Segment [Member]
Allowance for Loan and Lease Losses, Write-offs			$ (447,520)
Impairment of Real Estate	938,000	1,278,000
Fair Value, Measurements, Recurring [Member]
Assets, Fair Value Disclosure	0	0
Financial and Nonfinancial Liabilities, Fair Value Disclosure	0	0
Fair Value, Measurements, Nonrecurring [Member]
Assets, Fair Value Disclosure	0	0
Financial and Nonfinancial Liabilities, Fair Value Disclosure	$ 0	$ 0

Note 14 - Fair Value - Assets a

Note 14 - Fair Value - Assets and Liabilities Measured at Fair Value on a Nonrecurring Basis (Details) - Fair Value, Measurements, Nonrecurring [Member] - USD ($)	Dec. 31, 2018	Dec. 31, 2017
Impaired loans, fair value		$ 1,115,999
Real estate, fair value	3,119,992	9,375,670
Commercial Portfolio Segment [Member]
Real estate, fair value	1,269,650	7,460,800
Land Portfolio Segment [Member]
Real estate, fair value	1,850,342	1,914,870
Residential Portfolio Segment [Member]
Impaired loans, fair value		1,115,999
Fair Value, Inputs, Level 1 [Member]
Impaired loans, fair value
Real estate, fair value
Fair Value, Inputs, Level 1 [Member] | Commercial Portfolio Segment [Member]
Real estate, fair value
Fair Value, Inputs, Level 1 [Member] | Land Portfolio Segment [Member]
Real estate, fair value
Fair Value, Inputs, Level 1 [Member] | Residential Portfolio Segment [Member]
Impaired loans, fair value
Fair Value, Inputs, Level 2 [Member]
Impaired loans, fair value
Real estate, fair value	1,850,342
Fair Value, Inputs, Level 2 [Member] | Commercial Portfolio Segment [Member]
Real estate, fair value
Fair Value, Inputs, Level 2 [Member] | Land Portfolio Segment [Member]
Real estate, fair value	1,850,342
Fair Value, Inputs, Level 2 [Member] | Residential Portfolio Segment [Member]
Impaired loans, fair value
Fair Value, Inputs, Level 3 [Member]
Impaired loans, fair value		1,115,999
Real estate, fair value	1,269,650	9,375,670
Fair Value, Inputs, Level 3 [Member] | Commercial Portfolio Segment [Member]
Real estate, fair value	1,269,650	7,460,800
Fair Value, Inputs, Level 3 [Member] | Land Portfolio Segment [Member]
Real estate, fair value		1,914,870
Fair Value, Inputs, Level 3 [Member] | Residential Portfolio Segment [Member]
Impaired loans, fair value		$ 1,115,999

Note 14 - Fair Value - Level 3

Note 14 - Fair Value - Level 3 Fair Value Measurements for Financial Instruments (Details) - Fair Value, Measurements, Nonrecurring [Member]	Dec. 31, 2018USD ($)	Dec. 31, 2017USD ($)
Real estate, fair value	$ 3,119,992	$ 9,375,670
Impaired loans, fair value		1,115,999
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		(0.046)
Residential Portfolio Segment [Member] | Valuation, Market Approach [Member] | Maximum [Member] | Measurement Input, Comparability Adjustment [Member]
Impaired loans, measurement input		0.042
Commercial Portfolio Segment [Member]
Real estate, fair value	1,269,650	$ 7,460,800
Commercial Portfolio Segment [Member] | Valuation, Cost Approach [Member]
Real estate, fair value	$ 1,269,650	$ 7,460,800
Commercial Portfolio Segment [Member] | Valuation, Cost Approach [Member] | Minimum [Member] | Measurement Input, Comparability Adjustment [Member]
Real estate, measurement input	(0.453)	(0.237)
Commercial Portfolio Segment [Member] | Valuation, Cost Approach [Member] | Maximum [Member] | Measurement Input, Comparability Adjustment [Member]
Real estate, measurement input	0.021	(0.116)
Commercial Portfolio Segment [Member] | Valuation, Cost Approach [Member] | Weighted Average [Member] | Measurement Input, Comparability Adjustment [Member]
Real estate, measurement input		(0.135)
Land Portfolio Segment [Member]
Real estate, fair value	$ 1,850,342	$ 1,914,870
Land Portfolio Segment [Member] | Valuation, Cost Approach [Member]
Real estate, fair value		$ 1,914,870
Land Portfolio Segment [Member] | Valuation, Cost Approach [Member] | Measurement Input, Estimate of Future Improvements [Member]
Real estate, measurement input		0.325
Land Portfolio Segment [Member] | Valuation, Cost Approach [Member] | Minimum [Member] | Measurement Input, Comparability Adjustment [Member]
Real estate, measurement input		(0.508)
Land Portfolio Segment [Member] | Valuation, Cost Approach [Member] | Maximum [Member] | Measurement Input, Comparability Adjustment [Member]
Real estate, measurement input		0.219

Note 14 - Fair Value - Carrying

Note 14 - Fair Value - Carrying Amounts and Estimated Fair Values of Financial Instruments (Details) - USD ($)	Dec. 31, 2018	Dec. 31, 2017
Fair Value, Inputs, Level 1 [Member]
Cash, cash equivalents and restricted cash	$ 4,514,000	$ 5,671,000
Loans, net
Investment in limited liability company
Accrued interest and advances receivable
Accrued interest payable
Lines of credit payable
Notes 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	41,000	77,000
Lines of credit payable	1,728,000	1,555,000
Notes payable		17,176,000
Fair Value, Inputs, Level 3 [Member]
Cash, cash equivalents and restricted cash
Loans, net	139,532,000	144,255,000
Investment in limited liability company	7,711,000	4,819,000
Accrued interest and advances receivable	1,023,000	1,459,000
Accrued interest payable	45,000	38,000
Lines of credit payable
Notes payable	12,568,000	13,233,000
Reported Value Measurement [Member]
Cash, cash equivalents and restricted cash	4,514,000	5,671,000
Loans, net	141,204,000	144,344,000
Investment in limited liability company	2,139,000	2,141,000
Accrued interest and advances receivable	1,023,000	1,459,000
Accrued interest payable	86,000	115,000
Lines of credit payable	1,728,000	1,555,000
Notes payable	12,799,000	30,192,000
Estimate of Fair Value Measurement [Member]
Cash, cash equivalents and restricted cash	4,514,000	5,671,000
Loans, net	139,532,000	144,255,000
Investment in limited liability company	7,711,000	4,819,000
Accrued interest and advances receivable	1,023,000	1,459,000
Accrued interest payable	86,000	115,000
Lines of credit payable	1,728,000	1,555,000
Notes payable	$ 12,568,000	$ 30,409,000

Note 15 - Commitments and Con_2

Note 15 - Commitments and Contingencies (Details Textual)	Dec. 31, 2018USD ($)
Contractual Obligation, Total	$ 29,301,000
Interest Reserves [Member]
Contractual Obligation, Total	$ 2,348,000

Note 16 - Subsequent Events (De

Note 16 - Subsequent Events (Details Textual)	Feb. 22, 2019	Nov. 07, 2018	Jan. 30, 2019USD ($)	Feb. 28, 2019USD ($)	Dec. 31, 2018USD ($)	Sep. 30, 2018USD ($)	Jun. 30, 2018USD ($)	Mar. 31, 2018USD ($)	Dec. 31, 2017USD ($)	Sep. 30, 2017USD ($)	Jun. 30, 2017USD ($)	Mar. 31, 2017USD ($)	Dec. 31, 2016USD ($)	Sep. 30, 2016USD ($)	Jun. 30, 2016USD ($)	Mar. 31, 2016USD ($)	Dec. 31, 2018USD ($)	Dec. 31, 2017USD ($)	Dec. 31, 2016USD ($)
Number of Real Estate Properties Sold																	23	15	7
Gain (Loss) on Sale of Properties					$ 2,126,084	$ 1,372,925	$ 957,239	$ 154,577	$ 268,891	$ 582,496	$ 13,877,715	$ (181)	$ (536,419)	$ 20,195,367		$ 4,838,815	$ 4,610,824	$ 14,728,921	$ 24,497,763
Financing Receivable, Modifications, Number of Contracts																	0		0
Ready Capital [Member]
Business Combination, Exchange Ratio		1.441
Extended Maturity [Member]
Financing Receivable, Modifications, Number of Contracts																		1
Financing Receivable, Modifications, Recorded Investment					$ 199,000				$ 2,739,000								$ 199,000	$ 2,739,000
Subsequent Event [Member]
Number of Real Estate Properties Sold			2
Proceeds from Sale of Other Real Estate			$ 2,706,000
Gain (Loss) on Sale of Properties			$ 466,000
Subsequent Event [Member] | Ready Capital [Member]
Business Combination, Exchange Ratio	1.441
Subsequent Event [Member] | Extended Maturity [Member]
Financing Receivable, Modifications, Number of Contracts				5
Financing Receivable, Modifications, Recorded Investment				$ 15,010,000

Note 17 - Summary Quarterly C_3

Note 17 - Summary Quarterly Consolidated Financial Information (Unaudited) - Quarterly Consolidated Financial Information (Details) - USD ($)	3 Months Ended												12 Months Ended
	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Total revenues	$ 3,735,550	$ 4,723,505	$ 4,346,044	$ 3,991,920	$ 3,850,940	$ 4,277,493	$ 3,867,290	$ 3,537,405	$ 3,667,283	$ 4,493,977	$ 4,692,114	$ 4,225,617	$ 16,797,021	$ 15,533,128	$ 17,078,991
Total expenses	3,790,374	3,696,281	2,978,230	3,493,586	3,964,664	3,427,969	4,164,895	3,355,582	3,942,004	5,587,213	6,999,063	4,316,678	13,958,472	14,913,110	20,844,958
Operating (loss) income	(54,824)	1,027,224	1,367,814	498,334	(113,724)	849,524	(297,605)	181,823	(274,721)	(1,093,236)	(2,306,949)	(91,061)	2,838,549	620,018	(3,765,967)
Gain (Loss) on Sale of Properties	2,126,084	1,372,925	957,239	154,577	268,891	582,496	13,877,715	(181)	(536,419)	20,195,367		4,838,815	4,610,824	14,728,921	24,497,763
Net income before income taxes	2,071,260	2,400,149	2,325,053	652,911	(2,472,269)	1,432,020	13,580,110	181,642	(811,140)	19,102,131	(2,306,949)	4,747,754
Income tax (expense) benefit	(243,122)	(150,910)	17,635	(183,445)	(1,951,828)	(1,275,700)	(824,163)	10,036	(380,706)	260,848	7,368,835		(559,842)	(4,041,655)	7,248,977
Net income attributable to common stockholders	$ 1,828,138	$ 2,249,239	$ 2,342,688	$ 469,466	$ (4,424,097)	$ 156,320	$ 12,755,947	$ 191,678	$ (1,191,846)	$ 19,362,979	$ 5,061,886	$ 4,747,754	$ 6,889,531	$ 8,679,848	$ 27,980,773
Earnings per common share (basic and diluted) (in dollars per share)	$ 0.22	$ 0.26	$ 0.26	$ 0.05	$ (0.44)	$ 0.02	$ 1.24	$ 0.02	$ (0.11)	$ 1.54	$ 0.50	$ 0.46	$ 0.79	$ 0.85	$ 2.38
Weighted average number of common shares outstanding (basic and diluted) (in shares)	8,482,880	8,572,614	8,922,280	9,089,270	9,984,352	10,173,448	10,247,477	10,247,477	10,247,477	10,247,477	10,247,477	10,247,477	8,764,568	10,162,496	10,247,477
Dividends declared per share of Common Stock (in dollars per share)	$ 0.20	$ 0.20	$ 0.20	$ 0.16	$ 0.10	$ 0.10	$ 0.10	$ 0.08	$ 0.08	$ 0.08	$ 0.08	$ 0.08	$ 0.76	$ 0.38	$ 0.32
Settlement expense					$ (2,627,436)									$ (2,627,436)
Less: Net loss (income) attributable to non-controlling interests									$ 15,960	$ (3,630,318)	$ 56,847	$ (13,492)			(3,571,003)
Net (loss) income attributable to common stockholders									$ (1,175,886)	$ 15,732,661	$ 5,118,733	$ 4,734,262	$ 6,889,531	$ 8,679,848	$ 24,409,770

Financial Statement Schedule _4

Financial Statement Schedule III - Real Estate and Accumulated Depreciation (Details Textual) - USD ($)	12 Months Ended	24 Months Ended	36 Months Ended	48 Months Ended
	Dec. 31, 2017	Dec. 31, 2018	Dec. 31, 2012	Dec. 31, 2012	Dec. 31, 2016	Dec. 31, 2015
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate, Accumulated Depreciation, Ending Balance	$ 3,316,753	$ 2,679,823			$ 3,151,427	$ 2,915,596
Transfer of Land from ZRV to ZRV II [Member]
Real Estate and Accumulated Depreciation, Book Value Transferred	518,960
Transfer of Construction and Related Costs from ZRV to ZRV II [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Cost Capitalized Subsequent to Acquisition, Cost Transferred	2,571,536
75 Residential Lost, Auburn, California [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate, Write-down or Reserve, Amount				$ 9,904,826
12 Condominium & 3 Commercial Units, Tacoma, Washington [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate, Accumulated Depreciation, Ending Balance		332,183
Marina & Boat Club with 179 Boat Slips, Isleton, California [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate, Write-down or Reserve, Amount		1,253,331
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate, Accumulated Depreciation, Ending Balance	$ 192,862
Undeveloped, Industrial Land, San Jose, California [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate, Write-down or Reserve, Amount			$ 1,274,331
Real Estate Properties [Member]
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate, Federal Income Tax Basis		$ 78,429,000

Financial Statement Schedule _5

Financial Statement Schedule III - Real Estate and Accumulated Depreciation - Real Estate and Accumulated Depreciation (Details) - USD ($)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Sales	$ (24,609,167)	$ (41,505,148)	$ (66,183,589)
Accumulated depreciation	(2,679,823)	$ (3,316,753)	$ (3,151,427)	$ (2,915,596)
Carrying value	$ 56,642,510
Depreciable lives (Year)
Minimum [Member]
Depreciable lives (Year)
Maximum [Member]
Depreciable lives (Year)
Retail Complex South Lake Tahoe, California [Member]
Encumbrances	$ 12,872,556
Initial cost	6,409,617
Capitalized costs	12,299,570
Sales	(41,667)
Impairment writedowns
Accumulated depreciation	(2,679,823)
Carrying value	$ 15,987,697
Retail Complex South Lake Tahoe, California [Member] | Minimum [Member]
Depreciable lives (Year)	5 years
Retail Complex South Lake Tahoe, California [Member] | Maximum [Member]
Depreciable lives (Year)	39 years
Retail Complex and 23 Residential Condominium Units (ZRV), South Lake Tahoe, California [Member]
Encumbrances
Initial cost	5,016,443
Capitalized costs	37,299,922
Sales	(22,025,680)
Impairment writedowns
Accumulated depreciation
Carrying value	20,290,685
Residential Land (ZRV II), South Lake Tahoe, California [Member]
Encumbrances
Initial cost	2,032,963
Capitalized costs	4,528,060
Sales
Impairment writedowns
Accumulated depreciation
Carrying value	6,561,023
73 Residential Lots, Auburn, California [Member]
Encumbrances
Initial cost	13,746,625
Capitalized costs	376,746
Sales	(96,678)
Impairment writedowns	(9,904,826)
Accumulated depreciation
Carrying value	4,121,867
12 Condominium & 3 Commercial Units, Tacoma, Washington [Member]
Encumbrances
Initial cost	2,154,217
Capitalized costs	84,909
Sales
Impairment writedowns
Accumulated depreciation
Carrying value	2,239,126
Two Houses on 20 Acres San Ramon, CA [Member]
Encumbrances
Initial cost	2,062,729
Capitalized costs
Sales
Impairment writedowns
Accumulated depreciation
Carrying value	2,062,729
Marina & Boat Club with 179 Boat Slips, Isleton, California [Member]
Encumbrances
Initial cost	1,809,663
Capitalized costs	713,318
Sales
Impairment writedowns	(1,253,331)
Accumulated depreciation
Carrying value	1,269,650
Undeveloped, Industrial Land, San Jose, California [Member]
Encumbrances
Initial cost	3,025,992
Capitalized costs	98,681
Sales
Impairment writedowns	(1,274,331)
Accumulated depreciation
Carrying value	1,850,342
Miscellaneous Real Estate [Member]
Encumbrances
Accumulated depreciation
Carrying value	$ 2,259,391

Financial Statement Schedule _6

Financial Statement Schedule III - Real Estate and Accumulated Depreciation - Changes in Real Estate Held for Sale and Investment (Details) - USD ($)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Balance at beginning of period	$ 80,466,125	$ 113,123,398	$ 153,838,412
Acquisitions through foreclosure	2,062,729		700,800
Investments in real estate properties	496,826	11,274,904	29,061,735
Amortization of deferred financing costs capitalized to construction project		76,260	119,471
Subtotal	83,025,680	124,474,562	183,720,418
Cost of real estate properties sold	24,609,167	41,505,148	66,183,589
Impairment of Real Estate	1,053,161	1,423,286	3,227,807
Depreciation of properties held for investment	720,842	1,080,003	1,185,624
Balance at end of period	$ 56,642,510	$ 80,466,125	$ 113,123,398

Financial Statement Schedule _7

Financial Statement Schedule III - Real Estate and Accumulated Depreciation - Changes in Accumulated Depreciation (Details) - USD ($)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Balance at beginning of period	$ 3,316,753	$ 3,151,427	$ 2,915,596
Depreciation of properties held for investment	720,842	1,080,003	1,185,624
Subtotal	4,037,595	4,231,430	4,101,220
Accumulated depreciation on real estate moved to held for sale	1,357,772	914,677	949,793
Balance at end of period	$ 2,679,823	$ 3,316,753	$ 3,151,427

Financial Statement Schedule _8

Financial Statement Schedule IV - Mortgage Loans on Real Estate (Details Textual)	12 Months Ended
	Dec. 31, 2018USD ($)
Percent of Total Loans	3.00%
Changes in Mortgage Loans on Real Estate [Member]
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate, Federal Income Tax Basis	$ 143,046,000

Financial Statement Schedule _9

Financial Statement Schedule IV - Mortgage Loans on Real Estate - Mortgage Loans on Real Estate (Details) - USD ($)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Carrying Amount of Mortgages	$ 142,682,243	$ 146,171,650	$ 129,682,311	$ 106,743,807
Principal Amount of Loans Subject to Delinquent Principal	26,790,826
Principal Amount of Loans Subject to Delinquent Payments	$ 11,862,113
First Mortgage [Member]
Interest Rate
Carrying Amount of Mortgages	$ 137,808,788
Principal Amount of Loans Subject to Delinquent Principal	26,790,826
Principal Amount of Loans Subject to Delinquent Payments	$ 11,862,113
Second Mortgage [Member]
Interest Rate
Carrying Amount of Mortgages	$ 4,873,455
Principal Amount of Loans Subject to Delinquent Principal
Principal Amount of Loans Subject to Delinquent Payments
Minimum [Member] | First Mortgage [Member]
Interest Rate	4.00%
Minimum [Member] | Second Mortgage [Member]
Interest Rate	8.00%
Maximum [Member] | First Mortgage [Member]
Interest Rate	9.65%
Maximum [Member] | Second Mortgage [Member]
Interest Rate	9.82%
Commercial [Member]
Interest Rate
Carrying Amount of Mortgages	$ 132,519,461
Principal Amount of Loans Subject to Delinquent Principal	24,431,860
Principal Amount of Loans Subject to Delinquent Payments	$ 9,304,587
Commercial [Member] | Minimum [Member]
Interest Rate	5.00%
Commercial [Member] | Maximum [Member]
Interest Rate	9.65%
Residential [Member]
Interest Rate
Carrying Amount of Mortgages	$ 5,209,357
Principal Amount of Loans Subject to Delinquent Principal	2,358,966
Principal Amount of Loans Subject to Delinquent Payments	$ 2,557,526
Residential [Member] | Minimum [Member]
Interest Rate	5.00%
Residential [Member] | Maximum [Member]
Interest Rate	8.00%
Land Property [Member]
Interest Rate
Carrying Amount of Mortgages	$ 4,953,425
Principal Amount of Loans Subject to Delinquent Principal
Principal Amount of Loans Subject to Delinquent Payments
Land Property [Member] | Minimum [Member]
Interest Rate	4.00%
Land Property [Member] | Maximum [Member]
Interest Rate	9.82%
Mortgage Loans Between $0 and $500,000 [Member]
Interest Rate
Carrying Amount of Mortgages	$ 2,581,001
Principal Amount of Loans Subject to Delinquent Principal	573,606
Principal Amount of Loans Subject to Delinquent Payments	$ 760,166
Mortgage Loans Between $0 and $500,000 [Member] | Minimum [Member]
Interest Rate	6.00%
Mortgage Loans Between $0 and $500,000 [Member] | Maximum [Member]
Interest Rate	9.65%
Mortgage Loans Between $500,001 and $1,000,000 [Member]
Interest Rate
Carrying Amount of Mortgages	$ 3,887,834
Principal Amount of Loans Subject to Delinquent Principal	870,458
Principal Amount of Loans Subject to Delinquent Payments	$ 870,458
Mortgage Loans Between $500,001 and $1,000,000 [Member] | Minimum [Member]
Interest Rate	5.00%
Mortgage Loans Between $500,001 and $1,000,000 [Member] | Maximum [Member]
Interest Rate	8.00%
Mortgage Loans Between $1,000,001 to $5,000,000 [Member]
Interest Rate
Carrying Amount of Mortgages	$ 70,448,597
Principal Amount of Loans Subject to Delinquent Principal	16,511,762
Principal Amount of Loans Subject to Delinquent Payments	$ 10,231,489
Mortgage Loans Between $1,000,001 to $5,000,000 [Member] | Minimum [Member]
Interest Rate	4.00%
Mortgage Loans Between $1,000,001 to $5,000,000 [Member] | Maximum [Member]
Interest Rate	9.82%
Mortgage Loans Over $5,000,000 [Member]
Interest Rate
Carrying Amount of Mortgages	$ 65,764,811
Principal Amount of Loans Subject to Delinquent Principal	8,835,000
Principal Amount of Loans Subject to Delinquent Payments
Mortgage Loans Over $5,000,000 [Member] | Minimum [Member]
Interest Rate	5.00%
Mortgage Loans Over $5,000,000 [Member] | Maximum [Member]
Interest Rate	8.25%

Financial Statement Schedule_10

Financial Statement Schedule IV - Mortgage Loans on Real Estate - Changes in Mortgage Loans on Real Estate (Details) - USD ($)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Balance at beginning of period	$ 146,171,650	$ 129,682,311	$ 106,743,807
New loans, including from sale of real property	77,471,539	86,274,680	79,867,140
Subtotal	223,870,990	215,956,991	186,610,947
Collection of principal	78,742,850	69,785,341	55,849,884
Foreclosures	1,937,475		1,078,752
Discount and loan fee amortization	227,801
Loan fees collected	508,422
Balance at end of period	$ 142,682,243	$ 146,171,650	$ 129,682,311

Financial Statement Schedule_11

Financial Statement Schedule IV - Mortgage Loans on Real Estate - Loans Which Exceed Three Percent of the Total Loans (Details) - USD ($)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Carrying Amount of Mortgages	$ 142,682,243	$ 146,171,650	$ 129,682,311	$ 106,743,807
Principal Amount of Loans Subject to Delinquent Principal	$ 26,790,826
Loans Which Exceed Three Percent of the Total Loans [Member]
Interest Rate
Prior Liens	$ 0
Face Amount of Mortgages	73,738,000
Carrying Amount of Mortgages	70,681,397
Principal Amount of Loans Subject to Delinquent Principal	$ 13,751,586
Retail Building Irving, Texas [Member] | Maturity Date, June 1, 2019 [Member] | Loans Which Exceed Three Percent of the Total Loans [Member]
Interest Rate	7.50%
Prior Liens	$ 0
Face Amount of Mortgages	14,822,000
Carrying Amount of Mortgages	14,784,945
Principal Amount of Loans Subject to Delinquent Principal	$ 0
Retail Building Walnut Creek, California [Member] | Maturity Date, May 15, 2020 [Member] | Loans Which Exceed Three Percent of the Total Loans [Member]
Interest Rate	7.25%
Prior Liens	$ 0
Face Amount of Mortgages	9,000,000
Carrying Amount of Mortgages	8,953,623
Principal Amount of Loans Subject to Delinquent Principal	$ 0
Hotel, Novi, Michigan [Member] | Maturity Date, December 31, 2018 [Member] | Loans Which Exceed Three Percent of the Total Loans [Member]
Interest Rate	8.25%
Prior Liens	$ 0
Face Amount of Mortgages	8,835,000
Carrying Amount of Mortgages	8,835,000
Principal Amount of Loans Subject to Delinquent Principal	$ 8,835,000
Office Building, Pleasanton, California [Member] | Maturity Date, November 1, 2019 [Member] | Loans Which Exceed Three Percent of the Total Loans [Member]
Interest Rate	7.50%
Prior Liens	$ 0
Face Amount of Mortgages	8,250,000
Carrying Amount of Mortgages	8,200,150
Principal Amount of Loans Subject to Delinquent Principal	$ 0
Retail Building, Folsom, California [Member] | Maturity Date, January 15, 2019[Member] | Loans Which Exceed Three Percent of the Total Loans [Member]
Interest Rate	7.75%
Prior Liens	$ 0
Face Amount of Mortgages	8,006,000
Carrying Amount of Mortgages	7,170,186
Principal Amount of Loans Subject to Delinquent Principal	$ 0
Retail Building, Antioch, California [Member] | Maturity Date, October 15, 2018 [Member] | Loans Which Exceed Three Percent of the Total Loans [Member]
Interest Rate	8.00%
Prior Liens	$ 0
Face Amount of Mortgages	7,000,000
Carrying Amount of Mortgages	6,979,074
Principal Amount of Loans Subject to Delinquent Principal	$ 0
Assisted Care Facility Bensalem, Pennsylvania [Member] | Maturity Date, March 15, 2021 [Member] | Loans Which Exceed Three Percent of the Total Loans [Member]
Interest Rate	5.00%
Prior Liens	$ 0
Face Amount of Mortgages	5,875,000
Carrying Amount of Mortgages	5,519,317
Principal Amount of Loans Subject to Delinquent Principal	$ 0
Apartment Building Concord, California [Member] | Maturity Date, July 15, 2020 [Member] | Loans Which Exceed Three Percent of the Total Loans [Member]
Interest Rate	7.50%
Prior Liens	$ 0
Face Amount of Mortgages	6,350,000
Carrying Amount of Mortgages	5,322,516
Principal Amount of Loans Subject to Delinquent Principal	$ 0
Ofiice Building, Chula Vista, California [Member] | Maturity Date, November 1, 2018 [Member] | Loans Which Exceed Three Percent of the Total Loans [Member]
Interest Rate	8.00%
Prior Liens	$ 0
Face Amount of Mortgages	5,600,000
Carrying Amount of Mortgages	4,916,586
Principal Amount of Loans Subject to Delinquent Principal	$ 4,916,586