A few years ago, construction began on billionaire David Siegel and his wife Jacqueline's Florida dream home: a three story, 90,000 square foot replica of Paris' Versailles. To this day, the home, which would have been the largest house in the US, has never been completed and currently sits, collecting dust, on the real estate market. As Lauren Greenfield's new documentary Queen of Versailles reveals, the events that lead to the couples' crushed dreams is both hilarious and horrific.

Queen of Versailles initially explores the life of Jackie, a 43-year-old IBM employee-turned-Miss-America-competitor-turned-housewife, David, the 74-year-old self-proclaimed "time share king" and their seven kids like a beefed up episode of The Real Housewives, documenting the Siegel's over-the-top lifestyle with a sharp comedic edge. This is a family with an uncountable amount of purse dogs, Filipino nannies Jackie dresses up in costumes, walls adorned with paintings of the unlikely couple in strange scenarios (as a knight and maiden on a horse?) and they're building their own Versailles, a home complete with bowling alley, theater stage and stained glass window. They're eccentric, they're wealthy beyond belief, and they clash enough to one up the Bluth family of Arrested Development—the perfect subjects.

But Greenfield finds herself with an even greater story on her hands, one that transcends anything we've seen on Bravo reality television, when the economic meltdown of 2008 hits Mr. Siegel like a pile of bricks. We discover that David kept every dime invested into his empire, and with great persistence and detail, Greenfield unravels the plummet of 1%-er, capturing a rare riches-to-rags story. Jackie's limo rides, Botox injections, private plane rides and socialite parties are suddenly reduced to coach flights and credit card freezes. The kids, we realize, are unable to operate without the foundation of unlimited cash, and slowly, their entire home degrades into a cesspool of dog poo and messy dishes.

While the Siegel family's life may be founded on superficial materialism, Greenfield doesn't settle for painting thin portraits. Even in the wake of thoughtless spending, Jackie is an empathetic character, struggling to keep her family together while her kingdom collapses. Queen of Versailles asks us to realize that even the ditzy, plastic surgery enhanced men and women who populate our guilty pleasure television are people too, susceptible to the pitfalls of economic hardships. You won't feel bad that Jackie and David never got a chance to live in their real life palace, but when their marriage hits a breaking point, their children drift away and the future as they know it looks grim, you'll relate.

Queen of Versailles was recently picked up by Magnolia Pictures, which means you'll be able to see this one real soon!

You can contact Matt Patches directly on Twitter @misterpatches and remember to follow @Hollywood_com!