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BUSINESS SEGMENT DATA - Summary of Operations in Different Segments (Details) - USD ($)
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Dec. 31, 2016
Business segment data      
Total Revenues $ 38,713,284 $ 18,354,435  
Operating Income (Loss) 22,849,411 6,393,316  
Depreciation and Amortization 2,762,575 2,067,367  
Capital Expenditures 23,557,357 2,746,581  
Identifiable Assets 414,941,060   $ 408,623,426
General and Corporate Expense      
Business segment data      
Operating Income (Loss) (3,756,196) (7,074,732)  
Income Properties      
Business segment data      
Total Revenues 7,073,240 6,429,241  
Depreciation and Amortization 2,686,312 1,981,050  
Identifiable Assets 323,512,072   302,757,565
Income Properties | Operating Segments      
Business segment data      
Operating Income (Loss) 5,661,527 5,252,534  
Capital Expenditures 21,937,532 2,730,714  
Commercial Loan Investments      
Business segment data      
Total Revenues 536,489 881,245  
Identifiable Assets 24,034,727   24,032,885
Commercial Loan Investments | Operating Segments      
Business segment data      
Operating Income (Loss) 536,489 881,245  
Real Estate Operations      
Business segment data      
Total Revenues 29,474,460 9,560,898  
Identifiable Assets 49,157,129   58,868,298
Real Estate Operations | Operating Segments      
Business segment data      
Operating Income (Loss) 20,317,611 7,303,857  
Golf Operations      
Business segment data      
Total Revenues 1,474,944 1,464,359  
Depreciation and Amortization 65,367 68,649  
Identifiable Assets 5,852,607   3,675,842
Golf Operations | Operating Segments      
Business segment data      
Operating Income (Loss) (23,734) 59,771  
Capital Expenditures 1,607,742    
Agriculture and Other Income      
Business segment data      
Total Revenues 154,151 18,692  
Depreciation and Amortization 10,896 17,668  
Identifiable Assets 12,384,525   $ 19,288,836
Agriculture and Other Income | Operating Segments      
Business segment data      
Operating Income (Loss) 113,714 (29,359)  
Capital Expenditures $ 12,083 $ 15,867