Consolidated Statements of Cash Flows (USD $)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Cash Flows from Operating Activities:
Net income (loss)	$ 659,549	$ (13,196,920)	$ (8,870,732)
Adjustments to reconcile net income (loss) to net cash from operating activities:
Depletion	14,788,215	8,505,024	11,677,229
Basis of timberland sold	5,072,230	1,569,543	7,187,733
Noncash interest expense	738,079	1,331,664	1,731,310
Stock-based compensation expense	417,999	1,838,082	28,333
Other amortization	97,930	155,571	275,929
Unrealized gain on interest rate swaps	0	(128,934)	(847,743)
Basis of casualty loss	0	0	25,541
Changes in assets and liabilities:
Accounts receivable	(204,430)	64,809	(13,733)
Prepaid expenses and other assets	618,512	(1,143,942)	(580,259)
Accounts payable and accrued expenses	(997,490)	1,394,706	(228,993)
Due to affiliates	0	(1,326,255)	(153,941)
Other liabilities	(1,345,790)	(135,161)	1,195,196
Net cash provided by (used in) operating activities	19,844,804	(1,071,813)	11,425,870
Cash Flows from Investing Activities:
Capital expenditures (excluding timberland acquisitions)	(905,996)	(444,003)	(530,739)
Timberland acquisitions	(237,526,958)	(1,742,528)	(22,523,863)
Funds released from escrow accounts	0	2,050,063	4,712,183
Net cash used in investing activities	(238,432,954)	(136,468)	(18,342,419)
Cash Flows from Financing Activities:
Proceeds from notes payable	320,750,000	0	133,000,000
Repayment of notes payable	(254,910,000)	(80,196,123)	(122,669,549)
Financing costs paid	(3,301,614)	(1,493,705)	(1,370,396)
Issuance of common stock	190,222,034	142,105,266	4,062,647
Dividends paid to common stockholders	(15,335,478)	0	0
Share repurchase	(43,000)	(582,235)	0
Redemptions of common stock	(370)	(680,495)	(743,115)
Redemptions of preferred stock	0	(37,392,000)	(356,000)
Dividends paid on preferred stock redeemed	0	(11,567,839)	(103,436)
Commissions on stock sales and related dealer-manager fees paid	0	0	(447,744)
Other offering costs paid	(10,041,959)	(11,591,773)	(83,739)
Net cash provided by (used in) financing activities	227,339,613	(1,398,904)	11,288,668
Net increase (decrease) in cash and cash equivalents	8,751,463	(2,607,185)	4,372,119
Cash and cash equivalents, beginning of period	8,613,907	11,221,092	6,848,973
Cash and cash equivalents, end of period	$ 17,365,370	$ 8,613,907	$ 11,221,092