Document And Entity Information
Deferred rent liability
Note To Financial Statement Details Textual
statementsignificantaccountingpoliciespolicies
statementnote7liabilityforestimatedcostsinexcessofreceiptsduringliquidationtables
statementnote12commitmentstables
statementnote15fairvalueoffinancialinstrumentstables
statementnote7liabilityforestimatedcostsinexcessofreceiptsduringliquidationchangesinliabilityforestimatedcostsinexcessofestimatedreceiptsdetails
statementnote12commitmentsothercommitmentsdetails
statementnote12commitmentsallocationofretentionbonusdetails
Other Employees [Member]
Information pertaining to individuals classified as other employees.
statementnote15fairvalueoffinancialinstrumentsassetsandliabilitiesfromcontinuingoperationsatfairvaluerecurringandnonrecurringdetails
us-gaap_OperatingLeasesFutureMinimumPaymentsDueCurrent
Operating Leases, Future Minimum Payments Due, Next Twelve Months
Notes To Financial Statements
Notes To Financial Statements [Abstract]
JAG [Member]
Represents the counter party JAG.
gyro_LeaseAndRentalExpenseContingentOnVacancies
Lease and Rental Expense Contingent on Vacancies
Amount of rent expense for master lease contingent on vacancies.
Fair Value, Inputs, Level 2 [Member]
Fair Value, Inputs, Level 1 [Member]
Fair Value, Inputs, Level 3 [Member]
Contractual obligation
Other Commitment
Fair Value Hierarchy [Domain]
Fair Value, Hierarchy [Axis]
gyro_NumberOfMajorCustomers
Number of Major Customers
Number of major customers
Equity Component [Domain]
Equity Components [Axis]
Other Commitments [Table Text Block]
Other Commitments [Domain]
Other Commitments [Axis]
Use of Estimates, Policy [Policy Text Block]
us-gaap_CommonStockSharesOutstanding
Common Stock, Shares, Outstanding
us-gaap_RealEstateHeldforsale
Real estate held for sale
Commitments Disclosure [Text Block]
Subsequent Event [Member]
Basis of Accounting [Text Block]
Related Party [Axis]
Subsequent Event Type [Domain]
Subsequent Event Type [Axis]
Related Party [Domain]
Cash and cash equivalents
Cash and Cash Equivalents, at Carrying Value
Subsequent Events [Text Block]
us-gaap_AreaOfRealEstateProperty
Area of Real Estate Property
Liquidation Basis of Accounting [Member]
Scenario, Unspecified [Domain]
Scenario, Forecast [Member]
Scenario [Axis]
us-gaap_NumberOfUnitsInRealEstateProperty
Number of Units in Real Estate Property
us-gaap_NumberOfRealEstateProperties
Number of Real Estate Properties
us-gaap_ConcentrationRiskPercentage1
Concentration Risk, Percentage
Credit Concentration Risk [Member]
Maximum [Member]
Customer Concentration Risk [Member]
Range [Domain]
Minimum [Member]
Customer [Axis]
Concentration Risk Type [Domain]
Significant Accounting Policies [Text Block]
Range [Axis]
Customer [Domain]
Accounting Policies [Abstract]
us-gaap_LitigationSettlementAmountAwardedToOtherParty
Litigation Settlement, Amount Awarded to Other Party
Concentration Risk Type [Axis]
Relationship to Entity [Domain]
Statement of Financial Position [Abstract]
Title of Individual [Axis]
Change in market value of securities
Amount of change in market value of securities to reflect the change in value under liquidation basis.
Distributions paid
Total changes in net assets in liquidation
The total change in net assets in liquidation, which reflect the change in value under liquidation basis.
us-gaap_LessorLeasingArrangementsOperatingLeasesTermOfContract
Lessor, Operating Lease, Term of Contract
Statement of Stockholders' Equity [Abstract]
Schedule of Deferred Compensation Arrangement with Individual, Excluding Share-based Payments and Postretirement Benefits by Title of Individual and Type of Deferred Compensation [Table Text Block]
Concentration Risk Benchmark [Domain]
Concentration Risk Benchmark [Axis]
Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block]
Rent receivable
gyro_MaximumValueOfAssetToEffectDissolution
Maximum Value of Asset to Effect Dissolution
The maximum value where in the Amended and restated limited liability company agreement may effect dissolution upon the majority common interest or boards discretion.
The Corporation [Member]
Represents Gyrodyne Company of America Inc.
Disposal Group Name [Domain]
Disposal Group Name [Axis]
Controlled by Parent Company [Member]
The properties controlled by the parent company.
us-gaap_PolicyTextBlockAbstract
Accounting Policies
Investments in Debt and Marketable Equity Securities (and Certain Trading Assets) Disclosure [Text Block]
Liquidation Basis of Accounting [Policy Text Block]
The policy disclosure of accounting basis used when liquidation is deemed imminent.
Statement [Table]
us-gaap_NumberOfOperatingSegments
Number of Operating Segments
Fairfax Medical Center [Member]
Real estate property classified as held-for-sale.
Class of Stock [Axis]
Principles of Consolidation [Text Block]
The entire disclosure of principles of consolidation.
Real estate assets
Fair value disclosure of real estate assets held-for-sale.
Bonus Payable [Member]
Other commitments for bonus payables.
us-gaap_DisclosureTextBlockAbstract
Notes to Financial Statements
Rental Income [Member]
Represents rental income.
New Accounting Pronouncements and Changes in Accounting Principles [Text Block]
Fair Value, Measurements, Nonrecurring [Member]
Earnings Per Share, Policy [Policy Text Block]
gyro_MarketableSecuritiesContractualMaturities
Marketable Securities, Contractual Maturities
The contractual maturity date of marketable securities.
Fair Value, Measurement Frequency [Domain]
Measurement Frequency [Axis]
us-gaap_AreaOfLand
Area of Land
Property, Plant and Equipment Disclosure [Text Block]
us-gaap_ProceedsFromSaleMaturityAndCollectionsOfInvestments
Proceeds from Sale, Maturity and Collection of Investments
Collateralized Mortgage Obligations [Member]
Putative Class Action Lawsuit [Member]
On July 3, 2014, a purported stockholder of the Company filed a putative class action lawsuit against Gyrodyne Company of America, Inc. (the “Corporation”) and members of its Board of Directors (the "Individual Defendants"), and against GSD and the Company (collectively, the "Defendants"), in the Supreme Court of the State of New York, County of Suffolk (the "Court"), captioned Cashstream Fund v. Paul L. Lamb, et al., Index No. 065134/2014 (the "Action").
gyro_LitigationSettlementAppraisedValueValueOfPropertiesDifferenceAmount
Litigation Settlement, Appraised Value Value of Properties, Difference Amount
The difference amount between the current appraised value of properties and the previous appraised value.
Single Family Residential Building [Member]
Represents information pertaining to single family residential building.
Litigation Case [Domain]
Amendment Flag
Contingencies Disclosure [Text Block]
Litigation Case [Axis]
Other receivables
Fair Value Measurements, Recurring and Nonrecurring [Table Text Block]
Income Tax Disclosure [Text Block]
gyro_LiquidationBasisOfAccountingIncreaseDecreaseInCommonStockPerShare
Liquidation Basis of Accounting, Increase (Decrease) in Common Stock Per Share
Represents the increase (decrease) during the period in common stock per share that is expected to be distributed in liquidation.
Current Fiscal Year End Date
Document Fiscal Period Focus
gyro_LiquidationBasisOfAccountingNetIncreaseDecreaseInLiquidationValuePerShare
Liquidation Basis of Accounting, Net Increase (Decrease) in Liquidation Value Per Share
Net increase (decrease) in liquidation value per share used to offset liquidating distributions paid.
Board of Directors Chairman [Member]
Document Fiscal Year Focus
gyro_BonusPoolFundingAsPercentageOfAppraisedValueOfContributedProperties
Bonus Pool Funding as Percentage of Appraised Value of Contributed Properties
Represents the amount of bonus pool funding expressed as a percentage of the specified appraised value of each of the Contributed Properties.
Document Period End Date
us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfMortgageBackedSecuritiesMBS
Proceeds from Maturities, Prepayments and Calls of Mortgage Backed Securities (MBS)
us-gaap_ProceedsFromSaleOfMortgageBackedSecuritiesMBSCategorizedAsAvailableForSale
Proceeds from Sale of Mortgage Backed Securities (MBS) categorized as Available-for-sale
gyro_RetentionBonusPlanGrossSellingPriceRequirementPercentage
Retention Bonus Plan, Gross Selling Price Requirement, Percentage
Represents requirement to the the gross selling price of a each of the Contributed properties expressed as a percentage of its appraised value.
Chief Executive Officer [Member]
gyro_AdditionalBonusPoolFundingPercentageOfGrossSalesPriceOnFirstTenPercentOfPropertyAppreciation
Additional Bonus Pool Funding, Percentage of Gross Sales Price on First Ten Percent Of Property Appreciation
Represents gross sales price of a property in excess of its appraised value expressed as a percentage and used for additional bonus pool funding.
Document Type
gyro_AdditionalBonusPoolFundingPercentageOfGrossSalesPriceOnSecondTenPercentOfPropertyAppreciation
Additional Bonus Pool, Funding Percentage of Gross Sales Price on Second Ten Percent of Property Appreciation
Represents gross sales price of a property in excess of its appraised value expressed as a percentage and used for additional bonus pool funding.
gyro_AdditionalBonusPoolFundingPercentageOfGrossSalesPriceOnPropertyAppreciationGreaterThanTwentyPercent
Additional Bonus Pool Funding, Percentage of Gross Sales Price on Property Appreciation Greater than Twenty Percent
Represents gross sales price of a property in excess of its appraised value expressed as a percentage and used for additional bonus pool funding.
gyro_AdditionalBonusPoolFundingAdditionalPercentageOfGrossSalesPriceOnPropertyAppreciation
Additional Bonus Pool Funding, Additional Percentage of Gross Sales Price on Property Appreciation
Additional additional amount expressed as a percentage the gross selling price of property sold on or before a designated date that would be funded into the bonus pool.
Chief Operating Officer [Member]
gyro_BonusPoolDistributionProportions
Bonus Pool Distribution Proportions
Percentage of bonus distributable to certain individuals.
Document Information [Line Items]
Document Information [Table]
Directors Other Than Chairman [Member]
Persons serving on the board of directors other than the chairman.
Executives and Employees [Member]
Persons serving the company in operating activities.
Entity Filer Category
Other 5 Directors [Member]
Other 5 members serving on the board of directors.
Entity Current Reporting Status
Cash, Cash Equivalents, and Government Securities [Member]
Represents cash , cash equivalents and government securities.
Counterparty Name [Domain]
Entity Voluntary Filers
Counterparty Name [Axis]
Entity Well-known Seasoned Issuer
Multi-Tenant Industrial Park [Member]
St. James, New York [Member]
Property at 1 Medical Drive, Port Jefferson Station, New York [Member]
Related to certain property held by the company.
Property at Medical Drive, Port Jefferson Station, New York, Currently Actively Marketed [Member]
Information related to certain property held by the company that is still being currently actively marketed.
Employment Agreement with Severance Contingencies [Member]
Information pertaining to employment agreements with bonus and severance commitment contingencies.
Other Employee Severance Commitment Contingencies [Member]
Information pertaining to other employee severance commitment contingencies.
gyro_LiquidationBasisOfAccountingLandEntitlementCostsIncurred
Liquidation Basis of Accounting, Land Entitlement Costs Incurred
Amount of land entitlement costs to dispose of assets or other items expected to be sold in liquidation recognized in the period.
us-gaap_SupplementalUnemploymentBenefitsSeveranceBenefits
Supplemental Unemployment Benefits, Severance Benefits
gyro_LiquidationBasisOfAccountingLandEntitlementCosts
Liquidation Basis of Accounting, Land Entitlement Costs
Amount of estimated land entitlement costs to dispose of assets or other items expected to be sold in liquidation.
Entity Central Index Key
gyro_LiquidationBasisOfAccountingRemeasurementGainLossOnAccruedCapitalExpendituresExcludingLandEntitlementCostsAndLandPurchases
Capital expenditures excluding land entitlement costs and land purchases
Amount of gain (loss) from remeasurement of estimated accrued capital expenditures excluding land entitlement costs and land purchases to dispose of assets or other items expected to be sold in liquidation.
Entity Registrant Name
gyro_LiquidationBasisOfAccountingRemeasurementGainLossOnAccruedLandEntitlementCosts
Land entitlement costs
Amount of gain (loss) from remeasurement of estimated accrued land entitlement costs to dispose of assets or other items expected to be sold in liquidation.
Capital expenditures excluding land entitlement costs and land purchases
Capital expenditures excluding land entitlement costs and land purchases
gyro_LiquidationBasisOfAccountingAccruedCapitalExpendituresExcludingLandEntitlementCostsAndLandPurchases
Amount of estimated accrued capital expenditures excluding land entitlement costs and land purchases to dispose of assets or other items expected to be sold in liquidation.
Entity [Domain]
Land entitlement costs
Land entitlement costs
gyro_LiquidationBasisOfAccountingAccruedLandEntitlementCosts
Amount of estimated accrued land entitlement costs to dispose of assets or other items expected to be sold in liquidation.
Legal Entity [Axis]
Capital expenditures excluding land entitlement costs and land purchases
gyro_LiquidationBasisOfAccountingRemeasurementGainLossOnLiabilityCapitalExpendituresExcludingLandEntitlementCosts
Amount of gain (loss) from remeasurement of capital entitlement excluding land development costs and land purchases to reflect the change in value under liquidation basis.
Land entitlement costs
gyro_LiquidationBasisOfAccountingRemeasurementGainLossOnLiabilityLandEntitlementCosts
Amount of gain (loss) from remeasurement of land entitlement costs to reflect the change in value under liquidation basis.
LIABILITIES:
Entity Common Stock, Shares Outstanding (in shares)
gyro_PercentageOfMortgageBackedSecuritiesSold
Percentage of Mortgage Backed Securities Sold
The percentage of mortgage back securities sold during the period.
us-gaap_Assets
Total Assets
gyro_LiquidationBasisOfAccountingSpecialDistributionInCommonStockDeclaredPerShare
Liquidation Basis of Accounting, Special Distribution in Common Share Declared, Per Share
The special distribution declared during the period for each share of common share in liquidation basis of accounting.
Property at Port Jefferson Station, New York [Member]
Information pertaining to property located in Port Jefferson Station, New York.
gyro_LiquidationBasisOfAccountingSpecialDistributionInCommonSharePaidPerShare
Liquidation Basis of Accounting, Special Distribution in Common Share Paid, Per Share
The special distribution paid during the period for each share of common share in liquidation basis of accounting.
us-gaap_ProceedsFromSaleOfPropertyHeldForSale
Proceeds from Sale of Property Held-for-sale
gyro_MarketableSecuritiesEstimatedYield
Marketable Securities Estimated Yield
Approximate yield of marketable securities based on amortized cost.
us-gaap_PaymentsForTenantImprovements
Payments for Tenant Improvements
Trading Symbol
us-gaap_DisposalGroupIncludingDiscontinuedOperationPropertyPlantAndEquipment
Disposal Group, Including Discontinued Operation, Property, Plant and Equipment
gyro_MarketableSecuritiesAdjustedDuration
Marketable Securities Adjusted Duration
Marketable securities adjusted duration
Real Estate, Type of Property [Axis]
us-gaap_AssetsNet
Net Assets
Net assets in liquidation
Net assets in liquidation, beginning of period
Net assets in liquidation, end of period
Liability for estimated costs in excess of estimated receipts during liquidation
Remeasurement of assets and liabilities
Amount of gain (loss) from re-measurement of liabilities to reflect the change in value under liquidation basis.
Real Estate [Domain]
Change in liquidation value of real estate
Amount of change in real estate to reflect the change in value under liquidation basis.
Liability for estimated costs in excess of estimated receipts during liquidation
Liability for estimated costs in excess of estimated receipts during liquidation
Estimated liquidation and operating costs net of receipts
us-gaap_LiquidationBasisOfAccountingRemeasurementGainLossOnAccruedCostsToDisposeOfAssetsAndLiabilities
Liability for estimated costs in excess of estimated receipts during liquidation
Remaining Medical Park [Member]
Represents the remaining medical park.
Second Medical Park [Member]
Represents the second medical park.
Liquidation Basis of Accounting [Text Block]
gyro_LiquidationBasisOfAccountingLandDevelopmentCosts
Liquidation Basis of Accounting, Land Development Costs
Amount of estimated land development costs to dispose of assets or other items expected to be sold in liquidation.
gyro_LiquidationBasisOfAccountingCommonStockPerShare
Liquidation Basis of Accounting, Common Stock Per Share
Represents the common stock per share that is expected to be distributed in liquidation.
Liquidation Basis of Accounting, Liability for Estimated Costs in Excess of Receipts [Text Block]
The entire disclosure for liability for estimated costs in excess of receipts during liquidation.
Strategic Process Disclosure [Text Block]
The entire disclosure for the strategic process.
us-gaap_Liabilities
Total Liabilities
us-gaap_EarnestMoneyDeposits
Earnest Money Deposits
Liquidation Basis of Accounting, Change in Liability for Estimated Costs in Excess of Estimated Receipts [Table Text Block]
Tabular disclosure for the change in liability for estimated costs in excess of estimated receipts on the liquidation basis of accounting.
Property operating costs
Property operating costs
gyro_LiquidationBasisOfAccountingAccruedPropertyOperatingExpenses
Amount of estimated accrued property operating expenses to dispose of assets or other items expected to be sold in liquidation.
gyro_LiquidationBasisOfAccountingAccruedRentAndReimbursements
Estimated rents and reimbursements
Estimated rents and reimbursements
Amount of estimated accrued rent and reimbursements to dispose of assets or other items expected to be sold in liquidation.
Corporate expenditures
Corporate expenditures
gyro_LiquidationBasisOfAccountingAccruedCorporateExpenditures
Amount of estimated accrued corporate expenditures to dispose of assets or other items expected to be sold in liquidation.
Distributions payable
The amount of distributions that are payable by the company.
us-gaap_PaymentsToAcquireRealEstate
Payments to Acquire Real Estate
Retention bonus payments to Directors (a)
Retention bonus payments to Directors (a)
gyro_LiquidationBasisOfAccountingAccruedRetentionBonusPaymentsToDirectors
Amount of estimated accrued retention bonus payments to directors to dispose of assets or other items expected to be sold in liquidation.
Concentration Risk Disclosure [Text Block]
Selling costs on real estate assets
Selling costs on real estate assets
gyro_LiquidationBasisOfAccountingAccruedRealEstateSellingCosts
Amount of estimated accrued real estate selling costs to dispose of assets or other items expected to be sold in liquidation.
gyro_LiquidationBasisOfAccountingPrepaidExpensesAndOtherAssets
Less prepaid expenses and other assets
Less prepaid expenses and other assets
Amount of prepaid expenses and other assets in the liquidation basis of accounting.
Retention bonus payments to Executives and other employees (a)
Retention bonus payments to Executives and other employees (a)
gyro_LiquidationBasisOfAccountingAccruedRetentionBonusPaymentsToExecutivesAndOtherEmployees
Amount of estimated accrued retention bonus payments to executive and other employees to dispose of assets or other items expected to be sold in liquidation.
Tenant security deposits payable
gyro_LiquidationBasisOfAccountingRemeasurementGainLossOnAccruedInvestmentOfRealEstate
Estimated rents and reimbursements
Amount of gain (loss) from remeasurement of estimated accrued investment of real estate to dispose of assets or other items expected to be sold in liquidation.
Statement [Line Items]
gyro_LiquidationBasisOfAccountingRemeasurementGainLossOnAccruedPropertyOperatingCosts
Property operating costs
Amount of gain (loss) from remeasurement of estimated accrued property operating costs to dispose of assets or other items expected to be sold in liquidation.
Related Party Transactions Disclosure [Text Block]
Liquidating distributions payable to shareholders
The amount of paid liquidation distributions to the shareholders.
Net decrease in liquidation value
The net increase or decrease in liquidation value during the current period.
gyro_LiquidationBasisOfAccountingRemeasurementGainLossOnAccruedCorporateExpenditures
Corporate expenditures
Amount of gain (loss) from remeasurement of estimated accrued corporate expenditures to dispose of assets or other items expected to be sold in liquidation.
gyro_LiquidationBasisOfAccountingRemeasurementGainLossOnAccruedSellingCostsOnRealEstateAssets
Selling costs on real estate assets
Amount of gain (loss) from remeasurement of estimated accrued selling costs on real estate assets to dispose of assets or other items expected to be sold in liquidation.
gyro_LiquidationBasisOfAccountingRemeasurementGainLossOnAccruedRetentionBonusPaymentsToExecutivesAndOtherEmployees
Retention bonus payments to Executives and other employees (a)
Amount of gain (loss) from remeasurement of estimated accrued retention bonus payments to executives and other employees to dispose of assets or other items expected to be sold in liquidation.
gyro_LiquidationBasisOfAccountingRemeasurementGainLossOnAccruedRetentionBonusPaymentsToDirectors
Retention bonus payments to Directors (a)
Amount of gain (loss) from remeasurement of estimated accrued retention bonus payments to directors to dispose of assets or other items expected to be sold in liquidation.
Investments [Domain]
Accrued liabilities
Estimated rents and reimbursements
gyro_LiquidationBasisOfAccountingRemeasurementGainLossOnAssetInvestmentOfRealEstate
Amount of gain (loss) from remeasurement of investment in real estate to reflect the change in value under liquidation basis.
Fair Value Disclosures [Text Block]
Investment Type [Axis]
Accounts payable
gyro_LiquidationBasisOfAccountingIncreaseDecreaseInPrepaidExpensesAndOtherAssets
Less prepaid expenses and other assets
Amount of increase (decrease) in prepaid expenses, and assets classified as other in a liquidation basis of accounting.
Property operating costs
gyro_LiquidationBasisOfAccountingRemeasurementGainLossOnLiabilityPropertyOperatingCosts
Amount of gain (loss) from remeasurement of property operating costs to reflect the change in value under liquidation basis.
Corporate expenditures
gyro_LiquidationBasisOfAccountingRemeasurementGainLossOnLiabilityCorporateExpenditures
Amount of gain (loss) from remeasurement of corporate expenditures to reflect the change in value under liquidation basis.
Retention bonus payments to Directors (a)
gyro_LiquidationBasisOfAccountingRemeasurementGainLossOnLiabilityRetentionBonusPaymentsToDirectors
Amount of gain (loss) from remeasurement of retention bonus payments to directors to reflect the change in value under liquidation basis.
Selling costs on real estate assets
gyro_LiquidationBasisOfAccountingRemeasurementGainLossOnLiabilitySellingCostsOnRealEstateAssets
Amount of gain (loss) from remeasurement of selling costs on real estate assets to reflect the change in value under liquidation basis.
ASSETS:
Retention bonus payments to Executives and other employees (a)
gyro_LiquidationBasisOfAccountingRemeasurementGainLossOnLiabilityRetentionBonusPaymentsToExecutivesAndOtherEmployees
Amount of gain (loss) from remeasurement of retention bonus payments to executives and other employees to reflect the change in value under liquidation basis.
Not-for-profit Corporation [Member]
Represents a not for profit organization.
us-gaap_TableTextBlock
Notes Tables
Tenant 3 [Member]
Refers to information regarding the third tenant.
Tenant 1 [Member]
Refers to information regarding the first tenant.
Tenant 2 [Member]
Refers to information regarding the second tenant.
Rental Revenue [Member]
Refers to information regarding rental revenue.
us-gaap_OperatingLeasesFutureMinimumPaymentsDue
Operating Leases, Future Minimum Payments Due
Investment in marketable securities
Marketable Securities
Business Acquisition, Acquiree [Domain]
Business Acquisition [Axis]