Consolidated Balance Sheets - USD ($)	Mar. 31, 2016	Dec. 31, 2015
ASSETS:
Investments in real estate—net	$ 236,490,722	$ 171,342,731
Cash and cash equivalents	6,481,725	14,518,788
Rent receivable	1,022,069	1,766,254
Deferred financing costs, net	527,731	558,992
Other assets	665,126	2,099,336
Total assets	245,187,373	190,286,101
LIABILITIES:
Borrowings under credit facilities	80,950,000	27,200,000
Accrued expenses and other liabilities	3,661,381	2,377,305
Legacy performance fee payable to Agricultural Sub-Adviser	1,106,307	1,106,307
Unearned rent	4,091,373	834,858
Total liabilities	$ 89,809,061	$ 31,518,470
Commitments and contingencies
EQUITY:
Common stock, $0.01 par value—300,000,000 shares authorized; 16,921,897 shares issued and outstanding at March 31, 2016 and 16,890,847 shares issued and outstanding at December 31, 2015	$ 169,219	$ 168,908
Additional paid-in-capital	150,033,027	149,846,969
Accumulated deficit	(20,646,612)	(17,644,793)
Company stockholders’ equity	129,555,634	132,371,084
Non-controlling interests in operating partnership	25,822,678	26,396,547
Total equity	155,378,312	158,767,631
Total liabilities and equity	$ 245,187,373	$ 190,286,101